Friday, June 1, 2012

Halfords Group plc

Friends,

I’m looking for reasons NOT to buy shares of Halfords Group plc (LSE:HFD). Anyone have any?  

With the stock around 2.40 GBP, the dividend yield just north of 9%, strong free cash flows and a good competitive position, it seems pretty attractive. So for those in the UK or Ireland that are familiar with the stores, or for anyone who may have spent a lot of time looking at the company, I’d love to hear your thoughts. Email me at: valueinvestingworld@gmail.com. For those wanting to check it out, the company’s IR page is HERE. Thanks.

Disclosure: Neither I nor any investment product I co-manage at Chanticleer have an investment in Halfords Group plc at the time of posting. This is not a recommendation to buy or sell a security. Please do your own research before making an investment decision.