Auto Trader Share Discussion Threads

[eastbourne1982] 21/11/2015 21:46

cheiftown,

Still short !!

[aishah] 19/11/2015 10:44

Autotrader is motoring says SharesMag today.

[cheiftown] 19/11/2015 08:37

Eastbourne1982 ...Are you still short or did you close, and take the hit?

[aishah] 16/11/2015 10:38

Exane reiterate OUTPERFORM

[aishah] 16/11/2015 09:09

Heavyweight broker Citigroup reiterates BUY today.

[paperbin] 15/11/2015 15:15

First post here and not trying to ramp another stock just pointing something out.

AUTO valued at £ 3.7BN and has 700M debt.

CBUY is valued at £9M no debt and in their last results they talk about up to £160M profit per year from just one contract.

Both companies digital software high margins 90%.

Both companies have risk.

CBUY has never come up with the goods to date, but does have the contracts to do it.

Only time will tell which of the two companies makes the best returns going forward.

Good luck.

[juuunx2] 15/11/2015 11:59

Got in here just before results and sure glad I did. Looking good here.

[aishah] 13/11/2015 09:52

Autotrader sees revenues and profits rise

Stephen Chapman
By Stephen Chapman — 13 November 2015

Auto Trader has released its half year results this morning, showing that revenue is up to £138.2m (H1 2015: £127.5m), with underlying operating profit up 17% to £82.9m.

The Manchester-based firm says that its consumer audience is now 5 times larger than that of its nearest competitor and advert views per month increased by 9% to 240m.

“Auto Trader has delivered a strong first half performance, as retailers, consumers and manufacturers alike are increasingly recognising the value of our marketplace,” said Trevor Mather, chief executive of Auto Trader Group plc.

“We continue to grow our audience of car buyers and develop products to add value to our retailers, helping them remain competitive and make informed decisions based on real-time market data, allowing them to buy and sell the right stock at the right price.

“We believe there is substantial opportunity to grow the business based on the increasing importance of the internet for automotive advertising, and the growing use of data to improve the efficiency and effectiveness of the industry.”

In the results, the company stated that its audience growth had been fuelled by the use of smartphones and tablets, which now account for around 70% of all visits, up from 64% last year. 23% of those visits come via apps, while 30% are via desktops – where the dwell time per session is higher.

It added that more than 50% of consumers now visit only one forecourt before buying their vehicle as the majority of their research is online.

The company has recently launched new advertising formats and improved audience targeting, to encourage manufactures to increase marketing spend. It said it was seeing “significant growth in high end brand advertising as well as performance-driven direct response campaigns.”

prolificnorth.co.uk

[aishah] 13/11/2015 09:22

Powerful results. Very dominant position in the market place:

ARPR up by 9% to £1347
Cash Coversion of 97%
Avg monthy visits of 43m - FIVE times more that nearest competitor.
eps up more than SIX fold. From 0.95p to 5.98p
Maiden divi

Trevor Mather, CEO, commented: "We believe there is substantial opportunity to grow the business based on the increasing importance of the internet for automotive advertising, and the growing use of data to improve the efficiency and effectiveness of the industry."

Might add more. dyor

[hybrasil] 13/11/2015 07:59

Excellent results

[aishah] 23/10/2015 15:13

Very strong momentum now. Trackers?

[aishah] 20/10/2015 08:04

Clear breakout now - 400p on the cards before 13th November?

[brahmsnliszt] 16/10/2015 09:52

been in this a while now and taken profit off the table this morning.

gla

[eastbourne1982] 15/10/2015 21:26

You say it is Rightmove in the making, it already has a higher market cap !!

[aishah] 15/10/2015 20:11

Excellent coverage in TMI recently explaining the business model. This is RMV in the making. Dyor

[eastbourne1982] 15/10/2015 18:07

Does that mean you buy at any price ??

It is a good business, no doubt about that however it is debt ridden and overvalued.

There are thousands of places to invest, why pay over the odds for something ??

[cheiftown] 15/10/2015 17:49

Auto Trader is UK's leading online marketplace for used cars, having successfully transitioned from niche magazine publisher to a pure-play digital portal for prospective car buyers and car dealers.

I rest my case.

[eastbourne1982] 15/10/2015 17:24

Apart from a fairly decent chart why are you chaps long ??

I just don't see how the valuation stacks up given the profits, debt pile, lack of dividend etc.

[cheiftown] 15/10/2015 17:05

Hybrasil. I hope your right, I'm long at 343.68p. This was a buy from Motley fool.

[hybrasil] 15/10/2015 16:00

well I'm long at £3.50 so one of us will be right!