Member Info for EmeraldCarrots

Only down 3% now, was 5%...............
May even go blue by end of play today.
Results 7th July.
All IMHO.

wyndrum.
Back to £1.46...... maybe your right about support.
Maybe I'm crazy too!!!
The market can't ignore the fantastic position Halfords is in.
That is what matters. The sp will turn blue soon on the lead in to the results on the 7th July, a week Tuesday.

wyndrum.
Back to £1.46...... maybe your right about support.
Maybe I'm crazy too!!!
The market can't ignore the fantastic position Halfords is in.
That is what matters. The sp will turn blue soon on the lean in to the results on the 7th July, a week Tuesday.
All IMHO.

from Halfords. Seems that stock levels are improvong rapidly.
I can tell you I bought an electric bike last November from halfords on black Friday for I think £585.
That bike went out of stock several weeks ago, BUT much to my surprise it re-appeared about two weeks ago (back in stock). Price vastly more - £799!!!! So somehow Halfords were getting bike deliveries then which frankly was surprising. They seems to have been able to get stock in right through the lockdown, all be it not as many. They never ran out. I think they were down to say a quarter of stock at the worst time. BUT people tend buy the bikes that are available even if not their 1st choice.
All IMHO.

wymdrum.
I believe a big recent investor is simply taking profits.
I also believe they will be back in soon.
They are just waiting for the turn. upwards.
£1.45 now, so your £1.46 support (which I don't believe in) is very Close still.
HALFORDS HAVE TOO MUCH GOING FOR THEM............... simples!!!
All IMHO.

wymdrum.
I believe a big recent investor is simply taking profits.
I also believe they will be back in soon.
They are just waiting for the turn. upwards.
£1.45 now, so your £1.46 support (which I don't believe in) is very lose still.
HALFORDS HAVE TOO MUCH GOING FOR THEM...............
All IMHO.

and an awful lot of other people would too.
Cheap easy way to get to work.
Fold up and carry when needed.
Cheap, cheap, cheap!!!
They will be all over in 2 years tome.
Will reduce cars on roads. very green, very cheap!
All IMHO>

I think the market has forgotten?
Then we have the "cycle to work" scheme".
IMHO next we will have ride electric scooter to work because of legalisation.
I mean new York did that last week!
The UK Government has been looking into it for months!
Come on Boris - announce legalisation os electric scooters tomorrow mate!
Or bikes to be exempt from VAT, or BOTH!!!!
All IMHO.

I believe the sp will turn North very soon. One large sell last week to overcome.

as we already know. Maybe his speech tomorrow will have something to boost cycling, like making bicycle sales exempt??? A good possibility I think. Article:-

https://uk.reuters.com/article/uk-health-coronavirus-britain-johnson-ob/johnson-determined-to-tackle-obesity-in-britain-says-spokesman-idUKKBN2401LC?il=0

.

The sp dived to 60p when the whole market crashed.
Then when halfords said they were not shutting the shops and the bike sales sky rocketed the sp went to £1.90.
Profit taking has taken the sp back to £1.49 IMHO. The sp moves a lot on relatively small volume.
We are eight days from the results so this period and the results/future outlook will be very interesting. I understand your views about actual figures but feel the market should be taking on board more the obvious excellent position Halfords are in with Bike sales/scootter sales/ camping equipment. It seems obvious that these sales will be vastly improved.
All IMHO.

be confirming the dividend coming back.
That in itself will push the sp over £2.00 IMHO.
We will find out on the 7th July....................
All IMHO.

LetsTry.
I appreciate the results will be up until 29th March.
However you hardly nead a "leap of faith" to IMHO judge that Halfords fortunes have rocketed. IMHO they simply must have. Bike demand "doubled", 10 days or so ago bike stock levels were what....... 50 types out of something like 300 on their web site. Now stock levels vastly improved but massive demand still there and IMHO it won't change any time soon. When (not if IMHO) the UK government legalise electric scooters the demand is going to go up 5 to 10 fold IMHO. A scooter is the perfect way to cheaply get to work if you are less than 12 miles away IMHO. Cost pennies, no chance of getting virus, fiold up and carry when necessary. Just perfect!
Then as I said they supply all the camping equipment - tents, stoves, lamps, car trailers, roof racks.
if the market can't see that Halfords is in a good position then it must be living in cloud cuckoo land. Maybe it is?
All IMHO>

1. Biggest bicycle supplier in the UK.
2. Also supply electric bikes.
3. Possibility VAT on bikes will be removed.
4. Sell electric scooters (the future of getting to work IMHO).
5. Electric scooter legalisation likely IMHO, and soon. Eveluation was "fast tracked" several weeks ago with rental of electric scooters in certain areas of the UK happening NOW.
6. Benefit from UK residents holidaying in the UK. Halfords sell CAMPING EQUIPMENT, trailers, roof racks etc....
7. IF virus clampdown returns Halfords still in relatively good position.
The future is extremely bright for Halfords.
All IMHO.

possibilities to rev up halfords sales even more.
Scooters are legal in New York as of last week........ 20 mph speed limit so pretty quick.
UK "fast tracked" evaluation which was on-going this month.
Halfords has LOADS going for it. Just a big list of positives.
Shares a steal at this crazy level IMHO.... £1.47p !!!
All IMHO.

no doubt now in demand too now millions of Brits holidaying in the UK.
Halfords are the biggest bike supplier in the UK plus they sell Camping equipment, rood racks etc... all of which have higher demand due to the virus effect. Simply service the very parts of the econonomy that actually benefit from the virus effects.
Simple as that. My local store npow fully open with a queue outside as number in store restricted.
***Results 7th July***. Bike sales numbers will be interesting, to say the least!
Oh, and if the virus forces closedown again...........
All IMHO.

bicycle sales about DOUBLED. Walk around branch revealed about a quarted of display bikes also sold. They are getting regular supplies now IMHO, but they are selling them as soon as they arrive. Demand about double. If you check WEB site you can opt to be emailed when your type of bike is in stock.
***Results 7th July***.
All IMHO.

"Bikes available next week" now showing 91 types, was more like 35 10 days ago at the low point:-
https://www.halfords.com/bikes/bikes-available-next-week/

Holidays. Again halfords should benefit. Most will want to stay in the UK for obvious reasosns. So cycling more, camping so more tents etc.. plus ROOF RACKS, cooking stoves, all sorts of camping stuff !!!
It just gets better & better for Halfords!
Results 7th July. Current so £1.54, high several weeks ago £1.90.........
I fancy it will re-visit £1.90 before the results.
All IMHO.

Pooley23.
I think covid has tought all manufacturers to keep more stock of components.
Now manufactures need to imagine any component's maker anywhere in the World might be closed down for 3 months.
I would try to keep 3 months of outsourced components in stock at the assembly plant.
Alos If I were a major supplier I would have 3 assemby plants, each in a different Country so if one closes the other 2 can take up the slack.
All IMHO.