Member Info for Hardboy

"Thanks Hardboy, have a read on this,
https://www.thebusinessdesk.com/westmidlands/news/2064796-halfords-motors-on-with-strong-rise-in-profits"

Thanks Flash - hard to reconcile that with a plummeting share price.

"hot tubs !!..blimey....some people cant afford to switch the lights on...meanwhile others burn electricity on hot tubs !!.. crisis..what crisis"

A bit off topic but top of the range hot tubs (& I mean well made ones not ones with lots of extra gizmos) are very well insulated, so don't use that much energy.

I've vaguely heard of the Laz E brand but don't now it. I hope it is well supported - you'd hope so for Halfords to do a national campaign with them. When I worked in the industry there were far more brands of hot tub being marketed in this country that there were brands of cars - most had no real back up.

Have any of the stores got demo units set up?

https://www.theaic.co.uk/aic/news/citywire-news/exposed-supermarket-income-slides-on-peel-hunt-downgrade#:~:text=Shares%20in%20Supermarket%20Income%20%28SUPR%29%20have%20tumbled%206%25,to%20%E2%80%98reduce%E2%80%99%2C%20expressing%20concern%20at%20its%20high%20valuation.

In case people don't have an account for the other link

One of the Government's specific objectives in this is to double the amount of cycle use from 2013 to 2025; and they are certainly investing a lot in new cycle route. No idea how that objective is progressing; but if the amount of cycling does double over that period, HFD should be a big beneficiary.

Hallelujah!

I've never known a takeover take so long to be resolved. That ******* Kwasi Kwarteng has sat on this for over 10 months. Typical of MPs & Civil servants who have no idea what is involved in running a business. They all seem to think we live in a static world where nothing changes so they can take as long as they wasn't over decisions affecting a commercial company. A company can't go 11 months without knowing who runs them, Crazy. Is there one member of this Government who would be capable of running a market stall?

Anyway, the good news is the waiting should soon be over and the takeover should go ahead.

Patience is rewarded.

"What utter nonsense. Clearly from another CWU rep, posing as a disgruntled senior manager" Never been a member of a union.

It's a simple contract. I agreed to take redundancy on the terms offered. If they change the terms after however long they are in breach of contract. Simple.

If inflation goes up, so does he rent SUPR receives. If most of their borrowing are on long dated interest payments, this should be good in the short term.

Or have I got that wrong?

"About 82,000 former and current BT workers would lose £2.8 billion in pension payments if the chancellor is allowed to go ahead with a planned change to the Retail Prices Index, the High Court was told yesterday." I took voluntary redundancy from BT if they change this they are changing the terms of my redundancy: in which case I should be able to reconsider my decision. I wonder how they'd feel about paying 20 years senior management salary

So we should see another RNS explaining whose holding has increased.

He must have seen that I'd been buying and had to react!

I think this is worrying as Luceco's chairman, Giles Brand is CEO of Epic; and he and John Hornby seem to have been the tandem driving force for the company for 15 years or so. I think it may even need writing to the company for an explanation.

"I've bought in on the basis that car maintenance is essential and like the shift in strategy." That's right and much more of their income comes from that now. Also if money gets tight a lot of people may switch from main dealers to Autocentres to get their cars serviced. The results did say when times get tough, discretionary spend reduces, but I'd suggest discretionary spend is now a smaller % of HFD's income than it was a year ago.

Topped up this morning

When it was first announced in March 21, they expected to make the move in "mid 2022" so that would be imminent

I agree with most other comments. a 28% fall on hose results is ridiculous. The share price now values the company at around 60% of its NAV, which for a profitable company is bonkers.
I believe there is far too much automated trading going on these days with stop losses triggering automatic sales and sending the price down further, so many sells today are not decisions based on the logic of the results. It has to be a buying opportunity, but when will markets stop looking at the direction of travel and start looking at fundamentals?

I'm sure I've seen you ask that on another board.

The main reason seems to be US inflation, and fears it is going to roar away uncontrollably. China's covid lockdown is another reason. Cost of living crisis in the UK.

Yes - there is nothing company specific

I think that's enough - red across the screens.

I can not see Ceres being taken over. If Bosch want it Weichei will block it. It Weichei want it Bosch will block it, If anyone else wants it, they'll both block it.

I'm with ii & seem to have them in my account.

Not surprisingly given the share price movement since the announcement, the shares were under subscribed. I wonder how they will raise the cash now.

Assuming I've done the calculation correctly the share price is now considerably less than the value of the company assets. That shouldn't happen unless we're making a loss.

Yes it's uncertainty that's worrying investors