Inchcape Share Discussion Threads

[killieboy] 25/5/2010 17:14

Mike1962 = Dont get the Tanfield connection. If I remember Tanfield are an electric car manufacturer of sorts and the share price was pumped up by the financial media to hook unsuspecting PIs only to come to grief when reality took over (correct?)

[essentialinvestor] 25/5/2010 11:27

Oh dear.. Tanfield and Inchcape have about as much in common as chalk and cheese.

This is on my watch list.

[mike1962] 25/5/2010 11:06

I agree i had shares in Tanfield thankfully i made a profit before the slide but i think inch will go the same way.One to watch in the coming months.

[killieboy] 25/5/2010 10:11

this will soon be back down to pre-consolidation price !!!!

[ricki] 20/5/2010 17:46

The same thing happened with Tanfield when they consoladated. With the markets as they are i can see this going down to 200

[dsmith57] 20/5/2010 13:17

Unbelievable.

[ricki] 20/5/2010 11:22

only 60 points to get where we were last week, maybe see that in the next 5 years

[ricki] 19/5/2010 09:01

not long till this gets back to 33p share cons always spell the death nail

[mike1962] 18/5/2010 16:41

This may be one to watch over the coming months now they have consolidated the share's ?

[ricki] 18/5/2010 10:03

30 points needed just to get where we were last week. Ok this has now become a stock for the bottom draw

[mike1962] 17/5/2010 17:44

Inch had there AGM last Thursday and the board approved a share consolidation thats why the share price appears to have made a massive hike but its basically the same as it was last week.

[scalpface] 17/5/2010 16:28

Boooooooooooo... Cheers Ricki :)

[ricki] 17/5/2010 16:09

Scalp, your holding is worth no more than it was on friday. They've just consolodated the share price.

[scalpface] 17/5/2010 15:03

I'm totally confused.. my trading account is showing a loss of 800% but advfn showing something I can only dream of : )

[ricki] 17/5/2010 12:24

Not sure why Inch have consolidated the share price, at 330 the shares now look too unattractive to new share holders. This will be bad news for existing holders

[ricki] 17/5/2010 11:14

no it's up 1.5%

[al h] 17/5/2010 08:08

Inch up 900 % wow !

[killieboy] 14/5/2010 20:52

What happened today - INCH seemed to get hammered compared to the market?

[cockneyrebel] 13/5/2010 12:53

1144 GMT [Dow Jones] Inchcape's (INCH.LN) trading update suggests a very good start to the year, Panmure Gordon says. Notes the company enjoyed its second consecutive quarter of like-for-like revenue growth. Adds in the UK the company appears to have achieved a very strong performance in new cars, with used margins remaining robust, while the positive momentum in Australia has continued. Sees a 20% upside to its unchanged target price of 42p, which continues to look well underpinned and reiterates its buy recommendation. Shares +0.6% at 35p

1135 GMT [Dow Jones] Brewin Dolphin raises Inchcape (INCH.LN) target price to 36.5p from 30p, following 1Q update. Says the update is encouraging, but with a cautious outlook statement. Says the valuation looks strong relative to Inchcape's UK-centric peers. "However the market's appetite for overseas earnings appears to be unabated and note that Inchcape is one of the best plays on overseas earnings in the general retail sector," it adds. Has a hold rating. Shares +1% at 35p.



PDG looks much cheaper, especially as they have sales in the hotter US market where the $ has risen too imo.

Brewin seem to think there's better value in the rest of the sector too by this update.

CR

[empirestate] 29/4/2010 10:24

if u like the car stocks may be worth avin a gander at VTU Vertu with finals on the 12th. a seller has just cleared on VTU which depressed the share price to sub NAV.

[mike1962] 27/4/2010 23:01

Chug Chug is a good description of inch at the moment but i am confident it is only going to continue one way,onwards to 40p

[teverish] 27/4/2010 14:17

i had a stop at 34.4, i swear they dropped the price for 5 mins to get them off me.

[mike24] 16/4/2010 15:24

auction sales only small part of business, but main
dealerships have to give decent warranties, those sold
at auctions don't, the amount of stolen vehicles sold
privately is scary, mostly on internet,11,000 in total,
the point being its worth paying for a decent motor
from a recommended dealer

ride the wave or keep longterm?
but I would'nt pay over 34p & 31p for pdg
as always dyor
edit might be better buys, hour or two before close
pre election
what a boost for uk 65 of new a'martin's ordered
+awards for discovery4

[aileron] 06/4/2010 18:06

chug chug chug