Member Info for LetsTry

EC - I think your comment about margin on bikes in partially answered in the RNS "........It seems likely that our mix will remain biased towards cycling and away from motoring in the short-term. Although this tailwind is welcome, cycling is a lower margin, more capital-intensive segment than motoring and, as such, the incremental benefit to Group profit will be lower......."

wyndrum – I’ll avoid using words like investor or speculator, but it does matter how a company performs over the last 3 months. Try arguing otherwise to those with a stake in any of the businesses that have gone bust recently.

And of course not everyone who considers themselves an investor would have sold yesterday and bought again today.

But I do take your point that hindsight is wonderful and people will often attempt to sweep bad luck and/or bad judgement under the carpet with reference so some higher calling (I thought you’d appreciate the theological reference given your liking of my use of the word faith).

Let’s be pleased there are some things we agree on and accept there are some we don't. Good luck and I sincerely hope we both and everyone here make some money.

suggest you re-read and perhaps think about my post.

the difference is not about whether or not you make a profit.

You seem very bitter and angry.....almost as if your speculation(s) have gone South.

I’m tempted to say that if you don’t know the difference you are a speculator.

I liken it to the difference between the professional gambler who labours long and hard and tries to inform him/her self objectively before placing bets, and the person who takes a punt based on the name of the horse or the colour the jokey wears.

Both take risks. The professional gambler tries to manage them more tightly.

There are two voices on this board at the present time, those who think HFD has done very well to weather the storm and will do well over the coming months. And those who trot out the same tired speculations and that are declarations of faith, and seem surprised that the money hasn’t already fallen into their pockets.

I think you'll get it, but in time.

Pianista - you're absolutely correct to differentiate between speculators and investors.

Could do 250 by the end of the year, but not going to do much more until there is evidence of improvement.

EC - 196 was an total aberration.

No surprises here. Broadly speaking this looks roughly like Halfords of a year ago, but down a bit, with no dividend and more risk and uncertainty……...expect a price that's down a bit on last year. IMO you should be looking at low 160s or below

300p ? Not anytime soon in my opinion. Less of a boom, more of a pop coming I think......but still a very welcome noise.

Rental companies will not source their machines from the high street, and very clear that "Privately owned e-scooters will not be legalised." Perhaps less benefit to HFD than some have imagined.

Hi Darton - Likewise. I think we're on the same page.

Fingers crossed and best of luck to you!

Hi Darton - Likewise. I think we're on the same page.
Fingers crossed!

I am not disagreeing and I made many of the same points about HFD on this board back in march.

If you don't accept my views, which of course you are at liberty to discard, what is your explanation for a meteoric rise from around 60p to 190 in double quick time, and a slump back to sub-150 and Darton's observation that there doesn't seem to be much appetite for HFD at the moment?

Darton - forgive me, I haven't been clear. My only point is that this is already trading at around the same price as the period when things were much more stable and predictable(i.e. pre-pandenmic). to be back at the same SP now is, imo, already a very good performance. There is more growth here but it needs some evidence that the latent potential is being converted into profit to lift it up further.

sorry, previous post should have read ".......bottom line....."

Yes, but this potential needs to be converted into clear evidence of improvement in the bottom to take SP up significantly.

Notwithstanding the drop of the last few days (a drop many suffered), this has now essentially recovered its pre-COVID SP. In my view that's already pretty good given the risks and uncertainties that lie on the other side of the equation.

Hi Darton - I'm inclined to think 190s was irrational. mid to high 160s looks about right to me pending solid trading figures to support anything higher.

parkez - well said.

Pearls - you must be kidding! wouldn't touch it with a 13 foot squirreling pole.

good luck to anyone with the guts to give it a go.

Hi A-P: everyone here has an opinion but no one knows.

If you invest something, and you're lucky, the payback will likely be considerable. But I wouldn't suggest getting your hopes up and be prepared to loose the lot at 16:30 today.