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BCA Bca Marketplace Plc

236.20
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Bca Marketplace Plc BCA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 236.20 01:00:00
Open Price Low Price High Price Close Price Previous Close
236.20 236.20
more quote information »

Bca Marketplace BCA Dividends History

No dividends issued between 19 Apr 2014 and 19 Apr 2024

Top Dividend Posts

Top Posts
Posted at 10/8/2019 09:52 by lovegod2
Rumour has it that the owner of ZOOPLA has sold up and putting 30 mill into new business with BCA to compete with CARWOW
Posted at 09/7/2019 11:29 by lovegod2
looks as if BCA in talks to buy Evans Halshaw now.
Posted at 25/6/2019 14:49 by liquidkid
11/06/2018
BCA Marketplace has rejected a £1.61bn takeover offer from London-based private equity firm Apax Partners.
BCA rejected the 200 pence-per-share offer, which represents a 5.2% discount to Friday’s closing price of 211 pence-per-share.
Monday price up by almost 9.5%, at 230 pence-per-share, however.
BCA said in April it was trading ahead of market expectation with strong profit growth as the remarketing businesses was successful in winning new contracts and continuing contract renewals.
Posted at 24/6/2019 11:05 by mike24
bought most of our vehicles from bca, some 3yrs old with less than 5k on the clock
and sold through wbuy yc, quick and easy, our local jag garage just closed down,
so a lot of future business will be through big car supermarkets
which buy from BCA, which if they gave joe public a lower
comm, charge would push auction prices up a tad,
foreigners buying up everything at a 30% plus currency discount, tragic
ie NZD/£ was 3.40/£ now 1.92/£
Posted at 20/6/2019 12:33 by poikka
Nice, but I'll miss the divi. Still, at 170p buy I can't complain.
Posted at 09/6/2019 16:46 by ygor705
With 7% of BCA shares still in the orbit of Woodford you may not be the only shorter skatersav. That said, and your position may or may not be correct, I personally draw a distinction between the high risk and relatively illiquid positions taken by Woodford that has brought about his current problems and the likes of BCA. Fund Managers don't go from being 100% right to 100% wrong overnight and I shall be looking for other reasonable companies where he is a forced seller.
Posted at 08/6/2019 10:39 by skatersav
Chaps/chapettes. Woodford did not sell those shares. He lost a 3.5bn mandate to run money for st James place. That’s why it shows a reduction in his holding. This shares now sit with two fund managers who do not necessarily want to own the shares. They will probably sell them, in my opinion. Meanwhile, Avril Pb transferred 2m shares to her daughter in March, who will probably have sold. And BCA fail to put out a trading statement in April, as they did last year... I am short.
Posted at 06/6/2019 22:10 by bc4
Woodford sell over 5%
BCA Marketplace PLC NOTIFICATION OF MAJOR HOLDINGS

06/06/2019 5:30pm
BCA Marketplace PLC

06 June 2019

------------------
3. Details of person subject to the notification obligation
Name Woodford Investment Management Ltd
City and country of registered office 9400 Garsington Road, Oxford, OX4
(if applicable) 2HN, United Kingdom
4. Full name of shareholder(s) (if different from 3.)
Name
--------------------------------------------------------
City and country of registered office
(if applicable)
--------------------------------------------------------
5. Date on which the threshold was 05/06/2019
crossed or reached:
--------------------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY): 06/06/2019
--------------------------------------------------------

------------------------ ------------------- --------------- ------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 7.14% 7.14% 784,341,817
------------------------ ------------------- --------------- ------------------
Position of
previous notification
(if
applicable) 12.59% 12.59%
------------------------ ------------------- --------------- ------------------
Posted at 14/7/2018 07:07 by 189189188
BCA Marketplace PLC
Statement re Withdrawal of Apax
RNS Number : 7894T
BCA Marketplace PLC
06 July 2018

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.



THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION



FOR IMMEDIATE RELEASE



6 July 2018



BCA Marketplace plc

Statement re Withdrawal of Apax



The Board of BCA Marketplace plc ("BCA" or the "Company") notes the announcement by Apax Partners LLP ("Apax") that neither Apax nor any funds advised by Apax intend to make an offer for BCA.



The Board of BCA received two preliminary and conditional indicative proposals from Apax relating to a possible cash offer for the entire share capital of BCA (the "Proposals"). After careful consideration, the Board of BCA concluded that the Proposals undervalued the Company and its attractive prospects. Accordingly, the Board of BCA unanimously rejected the Proposals.



The Board of BCA continues to believe in the attractive long term prospects for the Company, and on 28 June 2018, BCA published its preliminary results for the twelve months ended 1 April 2018, delivering a third consecutive year of strong earnings growth. In the statement, Avril Palmer-Baunack, Executive Chairman said:



"The Group has delivered record commercial and financial results for the third successive year. We saw increased volumes across all divisions, with UK Vehicle Remarketing achieving the landmark of selling over one million vehicles in the year. Adjusted EBITDA increased by 17.6% to £159.5m while adjusted diluted earnings per share has increased to 11.4p, up 25.3% (compared to 9.1p in 2017). Operating profit has increased by £13.3m to £87.6m, an increase of 17.9%, reflecting the growth in adjusted EBITDA offset by non-recurring restructuring costs relating to simplification of management structures.



The strong Group performance reflects our unique position within the Automotive solutions sector. BCA has the infrastructure, the range of digital and physical capabilities, a history of good service and innovation and we are now providing solutions at scale. These capabilities, especially the services within the more recently acquired businesses, have continued to be integrated in order to provide comprehensive customer solutions and the efficiencies that have supported the Group's growth, cash generation and dividend policy.



The new financial year has started well, with performance since the year end in line with our expectations. Across all of our markets there remains significant addressable volume to capture, where our business and consumer solutions can bring efficiency and value to new customers during the time a vehicle changes ownership. We are excited by and committed to the opportunities ahead for BCA."



This announcement is being made by BCA without the agreement or approval of Apax.



Enquiries



Goldman Sachs International

Anthony Gutman / Jose Barreto

Chris Emmerson / Bertie Whitehead



+44 (0) 20 7774 1000





Buchanan Communications

David Rydell



+44 (0) 20 7466 5066





Square1 Consulting

David Bick



+44 (0) 20 7929 5599





Further information



This announcement is not intended to, and does not, constitute or form part of any offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities whether pursuant to this announcement or otherwise.



The distribution of this announcement in jurisdictions outside the United Kingdom may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction.



Goldman Sachs International, which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the UK, is acting exclusively for BCA and no one else in connection with the Proposal and any other matter referred to in this announcement and will not be responsible to anyone other than BCA for providing the protections afforded to clients of Goldman Sachs International, or for providing advice in relation to the possible offer or any other matters referred to in this announcement.



The person responsible for arranging the release of this announcement on behalf of BCA is Martin Letza.



Publication on a website



In accordance with Rule 26.1 of the Code, a copy of this announcement will be published on BCA's website (hxxp://www.bcamarketplaceplc.com/investors) by no later than 12 noon on 12 June 2018. The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.
Posted at 14/5/2018 18:26 by julesmin
As the owner of a small car trading business I have an account with BCA, so I know the business well. Like every other car trader, my biggest challenge is in finding good stock to sell. For the last 3+ years stock through BCA has been getting premium prices, much of it above "Trade CAP Clean" prices, and relatively few lots go unsold on their first pass through auction. Many of the major PLC dealers sell their trade-ins via BCA, and this provides an essential source of stock to the thousands of independents like me. In addition WeBuyAnyCar (WBAC) is owned by BCA, and is an excellent source of stock obtained direct from the public, and BCA make tremendous margins selling these vehicles via their own auction houses. To me it seems like BCA is a vibrant, successful business, and quite dominant in its sector. I have to say that the financial journalists who write these bearish stories about BCA simply don't seem to understand the business. BCA is the ultimate middle-man in the industry, and makes money principally from hefty buyers' and sellers' commissions, so it's wrong to equate its fortunes with car retailers whose gross margins are subject to completely different pressures. Other than Mannheim there is no rival auction house of any scale in the UK, so those commission rates are robust. The WBAC business is a brilliant high-margin adjunct to the auction business, and I can't see it being challenged by any rival either. For journalists to suggest that these WBAC vehicles represent a stock liability is absurd. Have they been to any of BCA's sites and watched the cars go through every 40 seconds with another £500 commission to BCA? I don't suppose they have. Perhaps all they do is sit at their desks and recycle garbage written by poorly researched tipping sheets. To put it simply, BCA is one of only 2 players of national scale that can handle the sales of major car retailers and leasing companies. In my opinion its earnings are very high quality, and the business will grow steadily from here. BCA is very underrated by the armchair "experts" in my opinion. This seems to me like a great buying opportunity. I'm buying all the way to 230p.

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