Inchcape Share Discussion Threads

[essentialinvestor] 19/8/2010 10:47

Taff, very few would disagee with that,
it needs to be viewed in the context of the overall Market though.

[taffy_1979] 19/8/2010 10:44

Until very recently I worked at Inchcape HO and trust me this Company is solid as a rock. Reckon 320 is around par and will soon be up there again. I've bought at 260 and if I had any more cash I'd be buying again at these prices.

[stigskog] 09/8/2010 15:38

heading back to 260 now , buy again then

[hopperagain] 28/7/2010 13:47

There are 2 sales for each 1 share purchased, and this stock continues to rise in a falling market. Definitely something brewing, so I am looking forward to the developments. Yippi Dooo!!!

[gordon brown] 22/7/2010 08:32

If Inchcape have become a bid target who could it be?

[qed2] 21/7/2010 18:13

Hopper - yes we are both confused by the mix of trades, but, hey, lets enjoy the ride. I noticed that analyst consensus is now for 325 within one month -seems as though the interims will be good.....see next week.

[qed2] 08/7/2010 15:57

BR - the interims are due out on 29 July this year also. I see the price moving up to c300 by month end. Thereafter all will depend upon the interims.......

[blackrabbit] 08/7/2010 15:45

Are we looking at a steady climb towards the interim results, out last year on 29th July ? BR.

[essentialinvestor] 06/7/2010 19:00

k

The great aspect of this Business is that you can only defer
a purchase for so long.

[killieboy] 06/7/2010 18:51

New car sales up 10.8% in June - looking good for this one just hope it lasts.

[essentialinvestor] 14/6/2010 18:33

Yes I saw that

Read INCH's last trading update and then read the Looker's statement,
and you clearly see who is the most optimistic on future prospects.

Its Lookers by a mile imo where the CEO now holds 2.5 Million shares,
nearly everyone bought at the full market price I believe.

Shows some confidence putting £1 Million into buying shares in LOOK.

[killieboy] 14/6/2010 18:27

Look got good write up and rec in yesterdays Telegraph

[essentialinvestor] 14/6/2010 13:02

I agree INCH is a good Company.

However its Lookers(LOOK) that produced record results last year and will do
the same again this year.

INCH's best days were back in 2007, they should recover well.

Lookers is booming, which may be a reason why their CEO keeps
buying shares.

[taffy_1979] 14/6/2010 12:21

Trust me, Inchcape is in a MUCH stronger position than is being predicted and will come out of this recession without any debt and with huge gains in terms of market share. Their action has been swifter and more effective than that of their competitors such as PDG and LOOK.

Look back at Butcher79's post on 26 May. He's pretty much spot on. This is a great long term hold.

[gordon brown] 14/6/2010 11:44

Up 7.5 today-any thoughts anyone?

[essentialinvestor] 11/6/2010 09:19

Any slowdown plays right into the hands of the larger strong operators imv.

The Lookers(LOOK)CEO snapped up another 219,000 shares yesterday at 50 pence.

From reading the Trade press, the small Independents closing
channels more business in the direction of LOOK, PDG and INCH.

LOOK is my Sector pick as they have a large Parts business
and very low gearing.

INCH is quality, however I did not want international exposure.

The Brits love their cars, that much I know.

Lots of daily wear and tear, they have to be replaced and serviced.

[mike1962] 11/6/2010 08:30

The motortrade is beginning to slow down with car sales and after sales being effected.There may be a down turn over the coming months which may effect the inchape share price.I still think its one to watch and may be one to buy if the price continues to fall ?.Inchape are a sound company and are trading debt free now.

[crosswire] 01/6/2010 13:39

Analyst Consensus 12 Month Target Price

The 11 analysts offering 12 month price targets for Inchcape Plc (INCH:LSE) have a median target of 375.00, with a high estimate of 430.00 and a low estimate of 310.00. The median estimate represents a 29.71% increase from the last price of 289.10.

[crosswire] 01/6/2010 13:33

Analyst Consensus 12 Month Target Price

The 11 analysts offering 12 month price targets for Inchcape Plc (INCH:LSE) have a median target of 375.00, with a high estimate of 430.00 and a low estimate of 310.00. The median estimate represents a 29.71% increase from the last price of 289.10.

[butcher79] 26/5/2010 16:14

This Stock will be ok in the medium to long term. I work in vehicle sales for Inchcape and where I am based we have not experienced the recession as such and have had my strongest year ever in sales (no lie). I have topped up my holdings a week ago in the panic in the euro zone. People are still buying cars as usual and sometimes surprises me with what is going on. This year has been the strongest year we have had here. I hope it continues.

I have spoken to people high up in Inchcape and the majority of Uk group sites are ahead of budget and that is all I can discuss on this board . Although I have not seen real figures so this is not fact but is definitely more than just here say.

We are debt free and did not have to be helped by the banks. We had a share rights issue instead.

We are not heavily exposed to Greece and only have 4 sites, which is insignificant (8% of Inchcapes business), we have dealerships in the emerging markets and Australia. With a cyclical industry like this we should see some good returns. Also while other dealerships were struggling in the bloodshed of the recession Inchcape were investing in new opportunities

I am sure we can bank on more profits in the 2nd quarter announcement. I am not hyping this up and this is the true picture that I am experiencing.

Also people saying that this will drop to £2.00, I cant see it. With the FTSE, DOW, S&P, EURO Zone panic this stock has held its past support at around 27p or now £2.70. Look at the Last lookers PLc announcement 'cautiously optimistic' in a reccession. Under promise over deliver I think.
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[butcher79] 26/5/2010 16:10

This Stock will be ok in the medium to long term. I work in vehicle sales for Inchcape and where I am based we have not experienced the recession as such and have had my strongest year ever in sales (no lie). I have topped up my holdings a week ago. People are still buying cars as usual and sometimes surprises me with what is going on. This year has been the strongest year we have had here. I hope it continues.

I have spoken to people high up in Inchcape and the majority of Uk group sites are ahead of budget and that is all I can discuss on this board . Although I have not seen real figures so this is not fact but is definitely more than just here say.

We are debt free and did not have to be helped by the banks. We had a share rights issue instead.

We are not heavily exposed to Greece and only have 4 sites, which is insignificant (8% of Inchcapes business), we have dealerships in the emerging markets and Australia. With a cyclical industry like this we should see some good returns. Also while other dealerships were struggling in the bloodshed of the recession Inchcape were investing in new opportunities

I am sure we can bank on more profits in the 2nd quarter announcement. I am not hyping this up and this is the true picture that I am experiencing.

Also people saying that this will drop to £2.00, I cant see it. With the FTSE, DOW, S&P, EURO Zone panic this stock has held its past support at around 27p or now £2.70. Look at the Last lookers PLc announcement 'cautiously optimistic' in a reccession. Under promise over deliver I think.
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[mike1962] 26/5/2010 10:46

Killieboy
Tanfield were at 15p approx last summer when they consolidated there shares and went straight to 75p over night [1 share for every 5 you owned] and look at there share price now.I just feel inch may do the same in time ?