Member Info for dadean

https://www.tescoplc.com/news/2023/greener-greens-tesco-launches-uk-s-largest-low-carbon-fertiliser-roll-out-to-increase-food-security-and-cut-the-carbon-footprint-of-its-veg/

Thanks Pianista nice to hear the local Intel, although don't fully agree on the perceptions comment. Interestingly national tyres, {now halfords :)} gets way more positive feedback on the social media.... Maybe they need to rebrand all auto centres to national tyres...
When I was a youngster all my mates used to call the company halfrauds as they were always expensive....

I sound like I'm company bashing, but their reputation could be improved, they also need manage their online image better and get their engineers which I have concerns over...
Come on halfords get this together (after years of poor stock availability)

When you view halfords social media posts you see the majority of comments are negative, in my opinion more so than for the average company. Based on this for me, long term holder, mainly building a position, think I need watch my risk....

I'm thinking more like 175 with a slow partial recovery over a quarter but just guessing,
But as little as possible

Hopefully I'm too pessimistic

Well I guess that was a profit warning, don't think the opening is going to be pretty

Happy New New year folks,
So what a price we've hit, to me this feels like the heady highs of the £4 a year or so ago... Normally when something feels this "richly" valued its often the top and later I regret selling some, but of course it could continue the march upwards, could but perhaps less tail winds than there was post covid... We'll need a damn good update for this to maintain current price levels, here's hoping

We are all familiar with the comment in the annual accounts that the estate of pubs has not been revalued since 1999. Does anyone have an idea of or have read of what the true value might be? is it 100% of the carrying value 120? 160? 200?
Thats an important one when it comes to the share. I did have a looka t teh recent accounts by 2010 they had 775 pubs so if the bulk of those were sill JDW not revalued, what are they worth now? since 2010 suppose real estate up 60% since 2000??? up 150%
definately looks bad at the moment but it wont be like this for ever -- 2 years down the road could be better than now, lets hope see, thoughts greatly received

You might well have a point, and to those that say people in the know took it lower, often those selling drive large qty result in an exaggerated drop, to a point that it clears, price overhang and all... Possible partial retrace on the cards? Possibly, I ain't buying yet but looking more interesting

I've owned pmg few times and sold out disappointed.. Had been thinking buy back in before these results, but after noting the drop and reading this board, don't think I will, something bit suspect about this company

Indeed, 10% swing in a day due to alleged opec comments, madness

"halfords never beaten on price “ tyre fitting....

Great to hear you were happy with the service Girraffe, positive stories are good to hear, my visit was positive in that i got what i needed too, thats whats most important.
Yes do hope to see over £2 again -- guess it's more vanity than sanity for me to see the SP as overall it has been a strong business over the last decade+ albeit often poorly priced --- those that bought at 1.20ish recently did well

Well back up 10% yesterday, wonder if we'll see 2.00 again, certainly would like to. I was in one of their stores yesterday, only person there, needed a car battery fast, got one but it cost me 83% more than the cheapest on ebay, which cancelled the order! Used my £5 car club which I signed up for in advance of getting the battery, help reduce the pain of the price... Asked the lad if they were busy, he said not yet I queried elec bike sales and said they sell well when they in stock.... Not quite as positive a visit as I had hoped but least got my battery

Hi, don't have time to look at the accounts at the moment, probably should I know, I personally like negative working capital.. Let someone else finance your cash needs, ref other cash flow question, haven't seen that yet, they used to be cash flow King's so bit surprised by that.... But companies can change of course

However the market seems to like it

I'm not too impressed either, so they are paying in excess of 10x ebitda for a business, when they could buy back their own shares somewhere between 4 and 6 times.....

Hope it all works out, I'd rather have this money than a costly acquisition

sorry my head is feeling a bit numb after some lgen research, (hold a small amount) am i right in thinking that the only issue lgen will have faced will have been that they may have had to fufill a large margin call? If they have posted a few billion, this money is not lost is it? if bond prices rise after the sell of their margin requirements will fall and this money will be released? if rates continue to rise they may need to post more collateral, but no money is lost as far as i can see.... any views very welcome.... thanks

It was announced day after I wrote post, comes into effect 19th September,

Capping bills will have a material impact on discretionary spending and retail.... Reasonable update tomorrow and we may see a trend reversal. I certainly hope!!

It's possibly worth a further look, strangely I looked at this company few months ago, think what put me off was the maximum investment. I'd like to offset 100% of my energy bill and with my BP shares I'm part way there... OK 4% div rubbish, but with buybacks could return near 15% this year.... I also looked at greencoat wind, solely wind fund best they can do is 5% div and its a depreciating asset which may capital raise, ripple is interesting but don't know if you need be in their catchment