Member Info for Slipperman55

Agree, Panmure Gordon's assessment written by a work experience A level student. Lets see what other analysts say. I feel for the directors and institutions who swallowed up the share issue! Hee hee. 130p looks like a good price but it might all be driven by very negative market sentiment, care of Liz T. My guess on trading update is that servicing is OK but retail is down. Might see more store closures. Tory party have made a real mess of business rates.

Agreed. Wait until interest and inflation get bumped up and Liz Trust is removing Bof E's independence. Add in winter energy costs.

looking like 130 by the end of the week

I'm a Halfords customer and recently received a generic email from Stapleton. Times are tough...

"We’ve cut the price on 1,000s of products" "I appreciate this is a very hard time and we thank you for your continued support. We will continue to do everything we can to keep you motoring for less".

Yes, in the press. Not a material amount.

That's a good set of results!

You only have to look at the number of cars on the roads and E-bike sales.

Rishi doesn't have any money to spend so you might think that his budget will include something green that promotes bikes, e-scooters etc.

I was buying more yesterday, but not in such big quantities, seems a popular stock.

Will see what I can do! 225 to 228 looked cheap to me. Short term crazy and long term high oil prices have to be good for bike sales.

Have made a number of large ish buys. Time will tell.

Full rents and full rates a bigger problem than gas and metal. But agreed, inflation not helpful. The market is very nervous on this one. I wonder what the cash burn is?

The PE does look inviting but that's obviously historic. Costs must be higher (suppliers, rent, rates - now all higher) and sales looking softer. Saying that bike sales increases will compensate for slow auto sales ignores the total sales mix. If you assume that all investors will continue to sell then passive funds will continue to dump this stock, but its not clear why it is getting hit harder than it's sector weighting. Maybe PIs. By the end of next week we will likely be looking at 190 to 200, and if the war rumbles on then even lower. NATO saying that they won't consider a no-fly zone is a bit like saying, crack on Vlad. They should have said nothing and left some doubt. A lot of Halford's retail spend is very discretionary - bikes, camping, etc. etc. all of which will struggle if confidence falls. It's a strange market but remember this is a small company. It wasn't long ago that the Directors and a few friendly institutions thought it was worth 320.

wcbham many of the trades you will see listed are from passive funds rebalancing their portfolios to ensure they have the correct index weightings. Also looks like smaller investors running for cover. I think many people have concluded that Ukraine isn't going to be resolved in the near future which means more downside. I genuinely think this could go as low as 180, or even much lower.

£2.30 was optimistic. 180 to 190 but that might be bullish. Relative to any index it's getting absolutely hammered.

230 looks optimistic.

That's very brave. 230p looks like a much better entry point.

My guess is a bad research note about to hit the streets. WTB done much more than FTSE100

Hard to pick a safe entry point. Heading for sub 230.

This stock is far too illiquid..