Halfords: Will next Tuesday's Q3 update disappoint?

Tuesday, Jan 08 2013 by
1

I have sold my holding in Halfords. I bought Halfords last September and have made some 37% out of the holding. That in itself is not a good enough reason for selling but I am slightly nervous ahead of next week's trading statement. So far at least we have had a pretty mild winter which may well have meant that its sales of winter motoring consumables such as anti-freeze, screen wash and high margin replacement car batteries may have been a little slow. I have decided therefore to lock in my profit and read next Tuesday's third quarter update from the sideline.

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I run a subscription website  www.JohnsInvestmentChroncile.com in which I show my JIC Portfolio and all transactions. I blog within an hour of trading, with an explanation, and send an alert email to all may subscribers. I do not pretend to have all the answers but I hope my Portfolio, and… ...read more or visit website »


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Halfords Group plc is a retailer of automotive, leisure and cycling products. The Company’s segments include: Retail and Autocentres. Halfords Retail sells over 16,000 product lines in store and 30,000 online with ranges in car parts, in-car technology, child seats, cycling, roof boxes, outdoor leisure and camping equipment. Halfords Retail trades from over 460 retail stores located throughout the United Kingdom and the Republic of Ireland and online through halfords.com and halfords.ie Websites. Halfords Autocentres is a car servicing and repair operator offering maintenance, service, MOT and repair services. Halfords Autocentres trades from over 300 car-servicing centers and online through halfordsautocentres.com. Its brands include Apollo and Carrera cycles. In outdoor leisure, it sells a range of camping equipment, including brands, such as Vango and Outwell. In June 2014, it acquired Boardman Bikes Limited and Boardman International Limited (together Boardman Bikes). more »

Share Price (Full)
461.1p
Change
-3.0  -0.6%
P/E (fwd)
13.9
Yield (fwd)
3.6
Mkt Cap (£m)
918.1



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About johnrosier

Johnrosier

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I manage my subscription website  www.JohnsInvestmentChronicle.com in which I show my portfolio and all transactions. I blog within an hour of trading, with an explanation, and send an alert email to all may subscribers. I do not pretend to have all the answers but I hope my portfolio, and the trades, provides food for thought as well as helping those who are new to managing their own portfolios.I think what I do is unique. There are plenty of tipsters out there who will remind you of the good ones and quietly forget the duffers; I do not have that luxury as the portfolio is there for all to see. I have to confront my mistakes and deal with them. A tipster also does not show how a tip fits into the context of an overall portfolio. My portfolio of up to 30 holdings has different holding sizes based on my conviction behind the stock and its risk. I set up www.JohnsInvestmentChronicle.com in January 2012. Prior to that :In September 1984, I left university with a degree in Zoology and started work in the City of London. Over the next twenty five years most of my time was spent managing UK equity portfolios with Fleming Investment Management and Henderson Global Investors, for company and local authority pension schemes as well as the reserve fund for a well known charity. During 2009 I left full time employment and decided to take time out to consider the next stage of my career. In the meantime I have been putting my years of experience to good use investing the family savings. I have thoroughly enjoyed the freedom of investing from home and despite some tricky periods during 2011 it has been a rewarding experience.  more »



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