results from the motor trade recently have been v good
Consumers are buying cars
Good for AUTO |
Hi all,
My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion covers AUTO and I reckon the Car Retail sector looks very interesting now. We also chatted about loads of other Stocks and as always a fair bit of general Portfolio Management educational stuff. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 27) and you can find it on Soundcloud at the link below.
I hope you enjoy it and find it useful,
Cheers, WD
@wheeliedealer |
I wonder if AT has considered a bid for CARS.com in the US?
Recently spun from a big publisher, CARS.com could be useful in that AT could migrate platform and win large slice of the US auto market.
Just a thought.
Salty. |
seeing a decent return. |
Ominous Breakout Yesterday?
Sellers in the back ground? MM's generating liquidity to dump to breakout traders?
Yesterday I got short (again). Sometimes entries can take a few attempts.
Anyway... I've commented enough on this stock so for now...
Peace out. |
Indeed.
I stand by my thesis. However, I admit...
On this occasion my call on timing was wrong.
I will be watching this one closely - maybe a false breakout will materialise?!
ATB. |
New high today. |
AUTO's results discussed in Cube Midcap Report: |
Market seems to agree |
Decent set of results and outlook |
They have thrown up red flags on revenue.Looks like a hidden profit warning. |
Looks to be heading north again |
!YOUTUBEVIDEO:9vsQLrRcy4I:
Will Auto Trader continue to speed ahead following Thursday’s full year results?
The last statement the firm released was actually all the way back at the end of November, when it posted its half year results. Revenue was up 7% to £176.8 million, while average revenue per retailer forecast per month added £152 to £1826. Operating profit jumped 10% to £120.6 million, with pre-tax profit climbing 9% to £114.5 million and basic earnings rising 12% to 9.78p per share.
Heading into Thursday’s full year results, analysts are expecting revenue to rise 6.4% to £351.3 million, with operating profit up 8.3% to £239 million and basic EPS rising nearly 11% to 19.7p. Investors will also want to hear word on Auto Trader’s joint venture with Cox Automotive UK, Dealer Auction, announced at the end of 2018.
Read what Spreadex analysts have to say, or watch a 60 second preview, here: |
Will Auto Trader continue to speed ahead following Thursday’s full year results?
The last statement the firm released was actually all the way back at the end of November, when it posted its half year results. Revenue was up 7% to £176.8 million, while average revenue per retailer forecast per month added £152 to £1826. Operating profit jumped 10% to £120.6 million, with pre-tax profit climbing 9% to £114.5 million and basic earnings rising 12% to 9.78p per share.
Heading into Thursday’s full year results, analysts are expecting revenue to rise 6.4% to £351.3 million, with operating profit up 8.3% to £239 million and basic EPS rising nearly 11% to 19.7p. Investors will also want to hear word on Auto Trader’s joint venture with Cox Automotive UK, Dealer Auction, announced at the end of 2018.
Read what Spreadex analysts have to say, or watch a 60 second preview, here: hxxps://spreadex.com/?tid=392852 |
Finally tagged the 600p - That should let some air out!
Patience now - Results in a few weeks. |
Showing resilience |
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