||EPS - Basic
||Market Cap (m)
Lookers Share Discussion Threads
Showing 2026 to 2048 of 2050 messages
|LOOKS LIKE SOMEONE MAY HAVE TAKEN THEIR SHORTS OFF|
|Big volume again this morning; 7 million shares traded.|
|Added a few LOOK back over the last week but can't say I'm particularly optimistic
on the sector atm, Inch has drifted down without the daily buy backs.|
|Yes. The buy side appears well supported. Some of this may be Odey trying to buy back about 2 million shares?
No bids so far during this period of unpopularity, for any of the UK listed motor traders. With p/e ratios around 7 to 8, low interest rates on commercial borrowing and Sterling having lost 10 or 15%, I thought we might see some action with buyers from overseas.|
|Chunky volume once again today.|
|Added back a small amount.|
|Massive 10m sell revealed....must have been holding the price down.
Can we go up now please?|
|Well if that update fails to ignite the SP, cannot see what will short term IMV only.
Would have liked confirmation of the net debt figure as of the 30/09.|
|Out this AM at 1.08.|
|Everything well on track with Lookers and only getting stronger with the acquisitions and cash in the bank...|
|Someone was trying to buy a large quantity of shares at 111p in the closing auction today. I'd guess this was Odey. They have to buy back at some point and the rising share price will have them twitching. Holders have the upper hand, imo.|
|Hopefully a strong Monday trading statement to back this up will blow Odey out the water....|
|Stand by your beds Monday!
04 November 2016
4 November 2016
("Lookers", or "Company")
Sale of the Parts Division and acquisition of Warwick Holdings Limited
As previously announced on 9 August 2016, Lookers entered into a conditional agreement to sell its parts business to Alliance Automotive UK Ltd on a debt free and cash free basis, for a consideration of GBP120 million payable in cash on completion (the "Transaction").
The Company is pleased to announce that the Transaction completed on 4 November 2016.
As previously announced on 15 August 2016, Lookers entered into a conditional agreement to acquire Warwick Holdings Ltd, trading as Drayton Motor Group, for GBP55.4m in cash (the "Acquisition").
The Company is pleased to announce that the Acquisition completed on 4 November 2016.|
|Odey trying to buy some back today?
It might not be easy for them to unwind.
Short term chart's looking favourable for longs, imo. I can see it going above 120p fairly soon.|
|vic, as previously mentioned was hoping this would drift towards 90 pence,
not sure that will now happen unless the parts sale did not complete.
If Mr Odey is short from much higher up he has done very nicely.
Agree with him on DEB, would be cautious there just IMV.
My average holding price on Look is at 99 pence, and have the recent divi
on 20% of those as well.
Would add a few more if we drifted down, just a small position for me atm,
a few K unlike CO with a few million!.|
|EssentialInvestor31 Oct '16 - 13:26 - 1306 of 1311 0 0
Would prefer if they kept hold of the parts division,
however the share price more likely to jump on the disposal completion news.
i agree but there is a big short on of these shares
Here Are the 18 U.K. Stocks Brexiteer Crispin Odey Is Shorting
The hedge fund manager is making big Brexit bets.
3 million short bet !
i think hes wrong by the way|
|£1.20 a share may be doable on a decent IMS and confirmation of the parts sale
completion, just IMV only, DYOR as always.
1.90 a share looks a little optimistic!.|
Latest broker views
1 Nov Peel Hunt 190.00 Buy|