||EPS - Basic
||Market Cap (m)
Vertu Motors Share Discussion Threads
Showing 1276 to 1298 of 1300 messages
|buy and sell indicators are notoriously unreliable as the underlying assumption that above mid price must be a buy and below must be a sell is very often wrong. Actual trade direction data isn't available. Draw your own conclusion as to how useful the buy/sell indication is.|
|Every time I have looked at the trade volumes over the last few weeks on ADVFN the 'buys' always seem to be quite a lot larger than the 'sells' vols.
Anyone any idea?|
|Would undoubtedly be true once Quitaly, Helloutandia of here (the netherlands)and others leave the doomed project|
|I just can't see Brexit having any impact on the well salaried middle classes being able to make the payments on the lease agreement for their Mercs, Jags, Beemers or Range Rovers!
Any probs, just increase the mortgage!|
|Not strictly VTU, but I think this is a positive illustration of the current state of the UK Motor Retail sector. From front page of Motor trade News today:-
Pendragon have announced a recruitment drive aimed at finding an extra 300 technicians nationwide for their Evans Halshaw & Stratstone dealerships. Trevor Finn CEO commented "despite significant commentary on the potential negative impact of the EU referendum, we have not experienced any noticeable change in our customers' buying behaviour".|
|Yep that's good. Thanks Mortimer|
|SMMT released their figures for new car registrations for November this morning, which show a 2.9% increase compared to Nov 2015. Fleet and Business registrations are the growth areas.
Encouraging news again for the Motor sector.|
|I thought Corbyn had that title.|
|Other than the gibberish in the link below, I can't see anything. Very welcome though, perhaps there's life after all.
|Interesting rise this afternoon- any explanations- perhaps the selling was overdone!|
|EPS increased almost 30% between 2015 and 2016. Is that not progress?|
|This company seems to have made loads of purchases but has only marked time and seems to have made no progress with earnings per share in a real sense yes bigger turnover and bigger profit but given the share price and eps what's the point?|
|Well did day never say never ).
LOOK is my preferred UK sector play, but atm it is difficult to be optimistic.
Then again that is often the most interesting time to find longer term value,
many of the miners have doubled in 12 months, when this time last year people thought the
world was ending.
By no means do I think the same will happen in this sector, but longer term
worth watching, just IMV.
The new car market looks to be cooling and the SMMT report I mentioned last week
estimates an approx 5% decline in 2017, second hand sales look more resilient
and there are some defensive qualities in after sales.
Many sector companies went in to the last downturn heavily geared, INCH as one example
had a half a billion in net debt, they now have about 200 Million net cash.|
|LOL this is AIM ! How many times have you witnessed purchases of businesses for stupid multiples of earning with complete disregard to shareholder value? How many times have you seen AIM companies issue shares to buy businesses that don't even have any turnover or assets come to think of it. I've personally lost count.Don't forget this is the wild west and vertus gung-ho style coupled with AIM should already tell you that this is not only possible but quite probable.|
my retirement fund
|Never say never, however a placing at this share price is a non starter, pun intended ).
You can't issue shares on about 7x and buy a private company much cheaper.
They have no need for funds now in any case, not holding VTU atm.|
|I think it's time they started to rationalise their portfolio and start closing unprofitable branches.|
my retirement fund
|VTU does not need a placing. It has circa £140m agreed in banking facilities of which only £9m has been drawn down. It would not make sense to place shares at current share price when they placed at 62.5p in March. I don't buy into that fear. With the sector subdued, it would also be a good time to consolidate, make purchases etc. I don't see less traffic on the roads.|
|Think the market is scared of a placing to fund acquisitions and won't give this a proper rating until that threat has materialised or gone away|
|Extremely surprised to see the share price below 40p just now.
I think that's less than the tangible NAV. Bargain territory now!|
|SMMT report published Wednesday on estimates for the 2017 and 2018 new car market.
If you want to read the report it's covered in MotorTrader.com.
A further smaller drop forecast for 2018.|
|"There is a survey this week on the UK new car market for 2017, expecting an
approx -5% drop in sales next year."
No there isn't.|
|There is a survey this week on the UK new car market for 2017, expecting an
approx -5% drop in sales next year.
Not surprising given the multiple years of expansion in the new car market.|