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PDG Pendragon Plc

35.55
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pendragon Plc LSE:PDG London Ordinary Share GB00B1JQBT10 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 35.55 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
35.25 35.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Automotive Dealers, Nec 3.62B 45.5M 0.0320 12.17 553.85M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 35.55 GBX

Pendragon (PDG) Latest News

Pendragon (PDG) Discussions and Chat

Pendragon Forums and Chat

Date Time Title Posts
25/2/202415:14Pendragon - Recovery Play3,588
26/11/201917:18future1
29/7/201804:05Pendragon (PDG) One to Watch on Monday -
18/3/201612:15Hey Topinfo,Moz8, Hectorp and you lot ...Wakey, Wakey2
16/2/201207:29*** Pendragon ***13

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Pendragon (PDG) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Pendragon (PDG) Top Chat Posts

Top Posts
Posted at 09/2/2024 10:34 by jaf111
So not just “further Hedin selling”…;.. he has sold out completely 👍👍👍
He has done well, not least in terms of keeping the price up…..will now wait news on who bought them….
Nevertheless plenty of upside now with the ‘new PDG’ 🤞🤞🤞
Posted at 17/1/2024 20:06 by c_k
Another Hedin offload today is likely. The share price increases on a bad stock day. It's good to see there is faith on the software/cloud business going forward.
Posted at 15/1/2024 13:59 by jaf111
Hedin continues to offload….stake now below 15%, but share price remains steady as new / existing institutions take the shares…….eg Newtyn has doubled its stake to 10%

All looking rather bullish to me post the completion of the Lithia disposal
Posted at 31/12/2023 12:12 by jaknife
niklol,

"Am I correct that however many shares held in PDG will be the same of shares
in Pinewood but at approx 10p per share?"

Yes ... but ...

The deal structure is (broadly):

1. Pendragon pays a dividend of 24.5p, hence on the current numbers (share price of 32.3p) the share price should fall to 7.8p ( 32.3p - 24.5p ).

2. Lithia will put money into the remaining Pendragon business and be issued shares at 10.3p a share.

3. The business will be renamed "Pinewood Technologies plc".

So nothing ever happens to your original shares, you will always hold the same number.

But the "10p" seems a bit vague at the moment, it looks to me that it could be generally anything in the range of 7.8p to 10.3p but then there's nothing stopping it being less or more! And if you listen to Chris Mills in the video highlighted above I think that he suggests a 40p value for the remaining business, which seems very optimistic!

JakNife
Posted at 20/9/2023 17:52 by jaf111
Counter offer from Hedin can surely not be a surprise to Lithia / PDG Board so presumably they have a “cunning plan”???

As previously stated the Lithia deal was very low-ball so hopefully PDG share price should go considerably higher 🤞
Posted at 20/6/2023 09:33 by mortimer7
Think the main hope for a decent price for Pendragon is if Hedin come back with a bid.
If someone were to offer a similar level of 35% uplift to the current share price (per Lookers bid), that still only takes #PDG share price to the low 20p's. And they'd still have the obstacle of Hedins stake to overcome.
Posted at 04/1/2023 12:41 by clive7878
Rollacoster share price - yesterday 19.10 - today 18.20.
but same buys / sells volume - never understand MM pricing
which seems illogically most of the time.
same buy / sells - share price down nearly 1p

Strange - we had buys of 400k and 3 lots of 270k yet the share price fell

This is the fourth time we have had big buys since the share price collapse.
and the share price has not recovered one bit.
Posted at 13/12/2022 08:22 by clive7878
lovewins - I am the same as you at present - question is which way in the short term are vtu and pdg going. Currently at 8.15 vtu are 51.45 and pdg 19.35
There does not appear to be any new brokers forecasts out for either
last was vtu for 2023 at £38.5m which would make a pe of around 5,
but with the extra profit from Heston it could well be lower,
pdg share price is obviously a lot better value at 19.35 than 27/28p but pe ?

2023 year will be a tough year especially with those having to re-mortgage
and with energy bills still rising, but petrol is now back down to 152p from the dizzy heights of 191p
Posted at 10/9/2022 11:41 by clive7878
The odds on the B of E rising rates by 0.75 have been reduced, although it still may happen, otherwise it will be 0.5%.

I do like VTU as the fundamentals appears greater.
The price of PDG is being held up by the prospect of a bid going through,
which is dangerous because if sales do fall due to inflation. We can see at present PDG share price is flat. I have seen though cars I have been monitoring hanging around longer with dealer of late.

When is there more news due on a trading update, as this could decide the way the share price is to go ?

I don't see why the government do allow big stores to open all day on a Sunday,
this is a historic law and out dated law now.
Posted at 06/5/2022 18:41 by clive7878
On TV they said that the second hand car market in the last 12 months prices have increased by 30%, and the Ford Focus had increased by a massive 50%. No matter about inflation people will still need cars to get around, and not everyone is affected by high inflation. PDG share price is bobbing around a bit and is off the top, will we hear any further news about the prospective bid by Hedin?
I believe with the disruption with the new car market that the 2nd and 3rd quarter figures will still be good and PDG is cerainly fair value, VTU though has taken a bit of a recent knock.
Pendragon share price data is direct from the London Stock Exchange

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