About five months ago HERE I concluded that I was a buyer of Halfords Group (HFD), the “largest retailer of motoring and cycling products in the United Kingdom”. That would have been very wise, as the then c.140p share is today more than 210p. However - as I have plenty of capability to be an idiot - I did not follow my own advice! So, how do I feel about its interim results out a few days ago…?
Hello Share Shufflers. Good old Halfords (HFD) is a household name that still survives on the high street. It’s just released a 20-week trading update that’s rather encouraging. And we shouldn't be surprised because the company is taking advantage of some growing trends in both the cycle and the car world.
Seven months ago, I wondered if Halfords Group (HFD) - the “largest retailer of motoring and cycling products... in the United Kingdom” - was a potential bad-day buy. Since then, the stock has halved! Have we hit the bad-day buy level, or not?
Hello, Share Sparkers. While investing in most retailers is probably not recommended now, there are one or two outfits that escape the current headwinds. I’ve commended Halfords (HFD) before as it’s hard to see how the stores won't benefit from covid before, now and in the future.