Member Info for Monty888

With a market to market trade by Constellation at 102p for 20% of us a few months ago and our Nav P/S at 90p by now. We are string ducks for a low ball takeover at 110p or something close. So hard to understand how we can be trading at under a quid.

Well with the 2 new businesses now adding scale, crossing the rubicon into profit is likely very close now. It’s good it was all done at a cash raising of 8p per share and I think we have a serious SP uplift coming after next results. Could we be on the road back to 50p?

In Oct 21 MM said he was giving up his golden share, do we know if he actually did at all, or was that announcement the golden share actually being cancelled? Cheers for any confirmations anyone

It’s very undervalued, look at its cash on hand in the balance sheet, more than £500 million.

Is it “eye of bull” or “eye of bullsh*t “

There are new laws coming out that set fast time limits for legal settlements regarding tobacco health issues so cases cannot be drawn out till people die. It’s knock on effects if passed in US and Europe could really hit BATS & IMB and wipe out cash and hence dividends etc.

Think Halfords was far too conservative in next years estimates. their website is excellent especially to buy Dad, Uncle, Nephews and Friends a Christmas or Birthday gift at the high end a bike, EV Scooter or Car accessories etc. I think we will get a re-rate as HFRD is more recession proof than most retailers. Additionally we starting to see some smart money coming in now after the selling overshoot - How much will the recession really effect Halfords negatively - What are peoples thoughts, I been out of country for a little while but am positive and Long. The capital raising was double the existing SP as well which was fully subscribed also.

Goldy is your real name ‘Richard Head’ ?

Yes the InYantra has enormous possibilities and the owner wants to make it really fly. He’s clearly super smart so it’s very synergistic. The SP is doing now what it should have done when the results came out. It’s very weird trading patterns but worth a lot more that 300p that’s for sure. Might be the private client broker upgrades ahead of the open publications buy recommendations or something.

I’m sure if Pendragon are issuing profit warnings on new car sales it’s got to be a copy and paste across all retailers.

I think next update will show a slowing down from current estimates but only marginally circa 10% (Global recession). I think margins will up slightly due to reduced input costs (Whey & US freight has normalised now and prices dropping continuously). We pushed away 170p offer, all targets met since floatation at 500p and cash expansion raise at 600p (all oversubscribed). The companies walked away is inaccurate, their low ball offers were rejected is accurate. So fair value today is north of 200p and very hard to value maybe 300p or 400p or it’s float price. If MM releases his golden share he won’t easily be able to stop an. Aggressive takeover and one would think that would be 250p or higher. I think if lower he his own consortium would counter bid anyway to take private. “MM release your golden share, let the Kraken awake”

The Director buys are crazy good. Is it a mis-judgement or super smart money. We have 5 of the worlds top OEM’s as clients and possible hyper clients. Starting to look very good me thinks and off from its high’s a lot as the news has got better and better. Strange times Monty9.

With all additional expansion capital being raised at 8p per share it’s really odd that it’s less than that to buy on the open market. With the new management team and the Serbia deal plus Polish expansion we are now getting a lot of traction and revenue is growing very fast and encouragingly. Once this gets on Midas radar and others I think we could start rising back to 50p again. Ridiculously cheat at 6p that’s for sure - GLA

I can’t help feeling Halfords we’re way too conservative in next years estimates and their websites are excellent so a great go to to buy Dad or Uncle a Christmas or Birthday gift not to mention a bike or EV Scooter for Junior etc. I think we will get a re rate as it’s more recession proof than most. On the back of this thought are we starting to see some smart money coming in now after the selling price overshoot - How much will the recession do to Halfords negatively - What are peoples thoughts, I been out of country for a little while?

Mr Sehat is betting his house on AWE right now, huge Director buy tranches this month, one would hope as a Non Exec Director he knows what he is doing and perhaps we will get back to 400p plus in the not to distant future. GLA - Follow the money eh.

Every few months we get these great updates then when the figures are released they don’t match the upsell. Good used car salesman in the wrong job!

We are asset and cash positive that practically matches our market value. We are likely to come out of the current litigation cash neutral or potentially with a win. We have to be proven to have breached a contract with substantial evidence. Did the sloppy lazy DHS produce clear binding performance contracts? Did our products not perform to those contracts with irrefutable evidence (I doubt it very much). Why are there Director purchases if it’s all down and down. I note we preserved our cash really well in the past year, our margins are very high when we do get jobs. Yes we need Sales to be more proactive, but maybe they are and we will be getting positive updates soon. There is a lot more to like than not too at the current SP. (All IMHO)

It’s taken 3 years of being trolled, but finally people are realising this is all tricked up to keep a con men in nice jobs at the expense of continuing dilution and updates that will never yield any net cash or profits. If that’s not going to happen it’s a matter of time before it all goes under. BROM, Jiddy123 etc pulling people in on the con is shameful, you seem to not have a job or do anything else but ramp this turd, are you on a retainer by 88E to do this? Of course we know how you will respond. Yes it will be back to something like 0.3p and yes they will need your money for their next discounted dilution fund raising, oh and yes that pattern will repeat again and again. (Keep funding DW and his cronies if you want to it’s your money and they are your charitable donations). You won’t be making any returns here medium or longer term. Insider day traders can make a little on the “perception” of something good happening but look back at past 3-4 years of RMS’s how they start as the potential mother load of oil to then not be commercially viable - It’s amazing that people are so easily duped and separated from their money. Hope people can write off and switch to a real prospect investment, genuinely run company that cares about its shareholders, most do…

Giving each other too many LTIPS - Greedy and dilutes PI’s chances of making any gains - One to avoid with these shenanigans going on.

I’m not sure there will be any short term pain at all because although global they make a lot of cables in China, so a lot build costs using a weakening RMB, sold in USD and reported in GBP which is nearly parity to the USD now. Per the Scott post points out copper is hedged in all customer contracts pricing so whilst there is hit lag on the way up there is delay lag as spot price of copper reduces which is now trending as one can see. I think the C level team are super smart in buying both upwards and downwards integrated acquisitions so cost to produce become internally cost controlled and with global risks ever present Volex can move sites & raw material sources as well (Most of their competitors cannot). The new acquisitions will need a little time to optimize as is normal although we can see they are all immediately earnings enhancing. I think the interims will very interesting in another 6 months time with copper and currency tail winds baked in. This isn’t a share for the very short term but could and I would say should be back to 500p in a year if markets normalise. (That’s a big “IF” of course).