Member Info for wcbham

I don't see Halfords as a 'retailer' anymore. Their main business are now motoring services (Autocentres) and as long as they are grabbing market share and maintain a good margin I think this is still a growing company.

based on today's SP and divi announcement, 2022 yield is now 4.35%. Should be a safe haven in the market in the turmoil.

Could be due to lack of divi in the recent announcement?

From today Freetrade app has also added DKL to their AIM stock list so we may see some small trades going through...

I agree with the online article, at 400p we are probably fairly valued. I see this becoming a steady cash cow and good divi payer once they hit their 250 store target in 2 -3 years time. But you never know they may be ambitious and go global after that!

Hi @ADP708 thanks. I built my ISA stake in Ince in several tranches in September/early October thinking the divi is going to happen soon. Average was probably 57p. Still hold Ince in my SIPP (long-term bet) so hopefully this ship will turn around in time. When I saw the Arden news I hit the panic sell button as got the worst timing (sold at 43.75p) that morning. Don't worry my holding in Ince was relatively small (only 2000 shares I think). If this drops to 40p I may buy some back. That's when they resume trading of course!

I sold out my ISA holdings in Ince yesterday with a heavy loss. This acquisition is yet another unwelcomed distraction, or 'skeleton in the cupboard' we shareholders have just seen too many times before.

I also have target of 500p. This company is doing very well!

But why are we seeing lots of selling recently?! I kind of feel that Keys is in the Premier League of the law firms and Ince is a struggler in League 1, frustrating...

I have just topped up a small chunk, 282p. Hope that's near the bottom now.

I think it's reasonable to expect SP to move back above 1300p in a few months time (if no more lockdowns).

I think the weakness since the result has something to do with a strong pound over the past week or so. BAT makes most revenue in dollars so a strong pound doesn't help.

CaneToad, if you read the results RNS it says operating profit is actually flat comparing with 2019. It dropped 59% after being hit by non-underlying costs, which was mainly the charge they paid to give up one floor of their Algate Tower office in London. That's how I interpreted it, maybe I was wrong?

Some PIs jumping ships due to lack of divi? You'd think this is now bargain basement SP. Painful to watch, this slow drift each day...

Good steady increase in SP over the last couple of days. Two more trading days to the results announcement.

At the moment it is probably the supply chain disruption that worries the market, more than Covid or lockdowns. Plus the staff shortage when they get pinged by T&T is also reported on lots of media.

There is a Morrisons bidding war among the PE investors. We could be the next attractive target?

Good to see there is no "sell the results" here. All look good with divi announcement.

The SP is now settled within a range. What could be catalyst for this to get a boost? Anyone care to share?

Topped up @264p at lunch time!