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CFYN Caffyns Plc

450.00
0.00 (0.00%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Caffyns Plc LSE:CFYN London Ordinary Share GB0001615219 ORD 50P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 450.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
400.00 500.00 450.00 450.00 450.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motor Veh Dealers (new,used) 262.08M -1.2M -0.4415 -10.19 12.27M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 450.00 GBX

Caffyns (CFYN) Latest News

Caffyns News

Date Time Source Headline
29/11/202411:27ALNCNewsCaffyns interim profit up fivefold despite challenging conditions
29/11/202407:00UK RNSCaffyns PLC Half-year Report
26/11/202407:00UK RNSCaffyns PLC Disposal
30/10/202407:00UK RNSCaffyns PLC Disposal
02/8/202407:33UK RNSCaffyns PLC AGM Final Results
27/6/202408:58UK RNSCaffyns PLC Director Declaration
07/6/202411:10ALNCNewsIN BRIEF: Caffyns slashes dividend in half as swings to annual loss
07/6/202406:00UK RNSCaffyns PLC Final Results
11/4/202412:46UK RNSCaffyns PLC Director/PDMR Shareholding
11/4/202412:44UK RNSCaffyns PLC Transaction in Own Shares

Caffyns (CFYN) Discussions and Chat

Caffyns Forums and Chat

Date Time Title Posts
29/11/202412:26*** Caffyns ***20
18/8/202316:01THE MOST UNDER VALUED CAR DEALER OF THEM ALL672

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Caffyns (CFYN) Most Recent Trades

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Caffyns (CFYN) Top Chat Posts

Top Posts
Posted at 14/12/2024 08:20 by Caffyns Daily Update
Caffyns Plc is listed in the Motor Veh Dealers (new,used) sector of the London Stock Exchange with ticker CFYN. The last closing price for Caffyns was 450p.
Caffyns currently has 2,726,811 shares in issue. The market capitalisation of Caffyns is £12,270,650.
Caffyns has a price to earnings ratio (PE ratio) of -10.19.
This morning CFYN shares opened at 450p
Posted at 09/6/2024 13:54 by 1tx
Caffyns has a huge undervalued property portfolio worth a multiple of share price with a very poorly performing motor business attached....The new trading arrangement with car manufacturers where increasingly they handle sales of new cars & the car dealers pay the overheads in term of premises etc make car retailing less & less viable.Time for a change of direction.
Posted at 13/8/2023 00:22 by londonbus
I have had a small order for about 10 shares at the market price in for weeks. Never gets executed.

The float is small.
Posted at 09/8/2023 11:54 by manrobert
could that be a share buy back?
Posted at 27/5/2022 16:04 by 1tx
Good results as expected;the longer term may be tougher for all car dealers.Notice interest in the vacant Lewes property.Unfortunately as I am a holder the modest share price relative to NAV is probably deserved unless something turns up.I made a multiple times of cost return on my investment in Marshall Motor Holdings following its take over last year....So far Caffyns an average divi;and a fairly thin profit assuming the market maker paid me near offer price.We live in hope (LOL Just about!).
Posted at 07/2/2022 16:43 by cjohn
The takeover activity in the sector has improved sentiment around car dealers.

However, those damn preference shares giving management de facto control mean a bid for CFYN itself is unlikely.
Posted at 24/1/2022 19:43 by clemo69
£58,450 trade reported after closing. I think it's a buy as the price was 5.75. Someone has a fair bit of confidence.....
Posted at 17/1/2022 08:21 by spob
spread doesn't really concern me to be honest

just keep buying the dips and hold until someone buys me out

or value is more than fully reflected in the share price
Posted at 31/12/2021 19:30 by spob
UK car forecourts benefit as second-hand market surges


UK dealers’ profit margins and shares soar as shortage of new models boosts used vehicle prices

UK car dealers have all benefited because of the global supply chain and chip crises as a shortage of new models diverts consumer spending to used vehicles


Peter Campbell

FT


Back in March, the outlook for Britain’s car dealers was bleak.

But in the space of a few months, the car forecourt has turned into a gold mine as demand for second-hand vehicles has pushed up prices and restored the health of a sector that had been battered by the pandemic.

Big listed groups Vertu, Pendragon, Lookers and Marshall Motors have all benefited from profit upgrades and surging shares on the back of a flood of orders for second-hand cars.

“Pretty well every player in the sector has seen an abnormal level of profitability and therefore cash generation,” said Robert Forrester, chief executive of Vertu.

The profitability boost is mainly down to the shortage of new cars because of supply chain bottlenecks and the global chip crisis, which have diverted consumer spending to used vehicles and forced up prices.

Savage cost cuts have helped profit margins, too, with tens of thousands of jobs cut across the sector in the past two years.

For Vertu, the combination of rising prices and falling costs led to its fourth profits upgrade of the year, announced in December.

It now expects earnings of “no less than £70m” compared with a modest forecast of £24m in May and a decision not to offer guidance in March because the market’s outlook was so uncertain.

Pendragon also raised profit forecasts by £10m in October to £70m, then by another £10m to £80m only weeks later.

Shares have enjoyed a strong run as well. The stock of Lookers, Marshall Motors and Vertu have tripled since July 2020, while Pendragon’s has doubled.

“You had this perfect storm of pent-up demand and restricted supply that has forced up new [and second-hand] car values,” said Mark Raban, chief executive of Lookers.

However, new car values have been artificially capped as UK laws mean forecourts, unlike those in the US, cannot charge more for a new model than the manufacturer’s recommended selling price.

This has resulted in a narrowing gap between second-hand car and new vehicle prices, with the value of some used models even overtaking those of new ones — an “unprecedented” situation, say industry executives.

Pendragon chief executive Bill Berman said prices were rising so fast at one point that used-car values were surging while the vehicles stood on the forecourt.

“We had a situation where we bought [a car] in July, and sold the car in September, and the price had gone up by 10 per cent. That just never happens.”

On Auto Trader’s site, a quarter of nearly-new cars, classed as less than a year old, are now on sale for more than the new models, the company said. Almost half the used cars are within 5 per cent of the new sale price.

“It’s a seller’s market,” said Ian Plummer, commercial director at the company. “It’s a fundamental question of supply and demand.”

The group found average prices on used cars had increased by £3,400 between May and November.

Costs have been pared back steeply, too, with big job cuts and fewer cars on the lots. Before the shortages, Lookers had about 12,000 second-hand cars scattered across its sites. Today the figure is closer to 8,000.

“We all learned a huge amount through this period — keeping our inventory down is the best thing we can do to keep costs down,” said Lookers chief Raban.

In addition, dealers are offering fewer discounts and bargains, meaning higher margins, while several operators chose not to repay government furlough money for staff laid off while showrooms were closed last year.

The question now is how long will the topsy turvy conditions last.

Some think it may take years for supply and demand to rebalance, despite the slowing of price rises in the past month.

“If you look back at the recession, the market took three to four years to normalise again,” said Forrester at Vertu.

“We anticipate tight used car supply certainly for the next six months, but it could well be three to four years before we return to normal. There’s just a raft of new cars that are now never going to be made.”

Many dealers also rely on a steady stream of returning cars from personal leases, company cars or rental groups to bolster their second-hand fleets.

But the dearth of new models over the past 18 months means the stream will dry to a trickle over the next three years, putting further pressure on used prices.

“You can’t make a used car,” said Plummer at Auto Trader. “Today’s fallow new car market becomes tomorrow’s fallow used car market.”

Another key question is whether dealers can stick with lower stock levels and more disciplined pricing with fewer bargains and discounts on offer, which have kept margins high, once supply pressures ease.

This could depend on the carmakers themselves, which often push vehicles to dealerships to hit quarterly production targets that then triggers discounting at the forecourts, said Pendragon’s Berman.

“There’s an adage in the car industry: In good times you develop bad habits, and in bad times you develop good habits,” he said.

“Hopefully, everyone will have learned their lesson this time.”
Posted at 29/11/2021 15:00 by clemo69
Anybody see the Marshall news this morning. They were also valued very cheaply. I think we may be next. I know there is the pref shares issue but after the last results this is fantasy land valuation. You could pay treble the share price and be getting a good deal. Real net assets of £44m which must be pretty solid given the car market and earnings this year of £4 to £5m pbt. All for £13.5m.
Posted at 20/8/2021 08:59 by eezymunny
Insanely good results coming out of car dealers. Strange things going on in the car market. It seems almost possible CFYN could do an H1 number that makes the share price shift pretty rapidly. £3m pbt in H1 anyone?
Caffyns share price data is direct from the London Stock Exchange

Caffyns Frequently Asked Questions (FAQ)

What is the current Caffyns share price?
The current share price of Caffyns is 450p.
How many Caffyns shares are in issue?
Caffyns has 2,726,811 shares in issue.
What is the market cap of Caffyns?
The market capitalisation of Caffyns is GBP 12.27 M.
What is the 1 year trading range for Caffyns share price?
Caffyns has traded in the range of 403.00p to 550.00p during the past year.
What is the PE ratio of Caffyns?
The price to earnings ratio of Caffyns is -10.19.
What is the cash to sales ratio of Caffyns?
The cash to sales ratio of Caffyns is 0.05.
What is the reporting currency for Caffyns?
Caffyns reports financial results in GBP.
What is the latest annual turnover for Caffyns?
The latest annual turnover of Caffyns is GBP 262.08M.
What is the latest annual profit for Caffyns?
The latest annual profit of Caffyns is GBP -1.2M.
What is the registered address of Caffyns?
The registered address for Caffyns is MEADS ROAD, EASTBOURNE, SUSSEX, EAST SUSSEX, BN20 7DR.
What is the Caffyns website address?
The website address for Caffyns is www.caffynsplc.co.uk/.
Which industry sector does Caffyns operate in?
Caffyns operates in the AUTO DEALERS, GAS STATIONS sector.

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