Cambria Automobiles Share Discussion Threads

[fruitninja84] 08/11/2013 16:08

If you want to see a real overhang check out the trades in AVAP and GTC both tucked away in my isa :) GTC hasn't moved for a few days but the buys are coming in ...

[davemuray] 08/11/2013 15:11

Seems that only activity is a few buys over the last few days with no sells - yet price stable. Overhang ?

[nickg2] 07/11/2013 20:41

I think you'd be silly to take profits. This sector is having an incredible time just look at VTU & PDG... This will follow suit...

[fruitninja84] 06/11/2013 22:35

How much is in the price ? I think this is very much not off the radar as i spotted it at 37 p! And I'm a taxi driver .. Think a bit of profit taking in the cards after results ?

[davemuray] 06/11/2013 21:05

Yep but not mine.....update end of the month. Sector performing very well. Hoping for further gains.

[nickg2] 06/11/2013 20:24

This is seriously off people's radar...

[mortimer7] 06/11/2013 15:12

Another bit of good news ahead of results day in SMMT Data released for October:
New car registrations hit 157,314 in October, an increase of 4.0%.
Registrations for 2013 to-date climb 10.2% to 1,952,238 units.
Private market continues to drive total volumes up, with 4.5% gain in October and 15.7% increase over year-to-date. With October new car registrations up we have now seen 20 consecutive months of growth.

[nickg2] 04/11/2013 13:15

Exactly! Onwards and upwards here, especially after the news released today... A concert party is a group of people acting in concert in a takeover bid..

[mortimer7] 04/11/2013 13:13

Buyers at 45.17p now after todays news. There must be a degree of anticipation for the results, especially after Vertu, Lookers & Pendragons favourable reports & subsequent share price rise.

[jaf111] 04/11/2013 11:42

Agree Mortimer7...not entirely clear what the announcement means but certainly not negative news!

[mortimer7] 04/11/2013 11:30

Very interesting news in this mornings RNS. 781739 shares acquired by Burt Concert Party (Sir Peter Burt former CEO of Bank of Scotland), which must equate to a spend of approx £335k, taking their current holding to 6.89%.
Lloyds Banking Group are Cambrias 2nd largest shareholder via their Uberior Investment company. Sir Peter Burt was a Director of Uberior for around 13 years & his family are behind AIM listed investment vehicle Promethean.
Not quite sure what this all signifies, but my immediate conclusion is it must be good news ahead of the results due on 25th Nov.

[jaf111] 30/10/2013 08:03

And another car dealer, Lookers "significantly ahead of current market expectations"

The excellent performance of the group in the ten month period represents a further significant improvement in the financial performance of the company, which builds on what was already a strong performance in the previous year. This, together with the broad base of our franchise representation, the aftersales bias to the business and further recovery in the UK new car market, provide a positive environment for further growth. We are therefore confident that the results for the financial year to 31 December 2013 will be significantly ahead of current market expectations, providing an excellent base to continue to grow the business in 2014.

[jaf111] 28/10/2013 19:09

Such a quiet board.....fortunately the share price is not, and nice move up today on back of PDG IMS....more to come surely as whole sector booming.....

Results now only one month away but now think 50p forecast too conservative

[jaf111] 28/10/2013 07:46

PDG materially ahead

Following continued performance improvement, the Group is now anticipating to be materially ahead of expectations for the full year. The Group is pleased with progress across all areas with gross and departmental profit ahead in each of our key sectors of aftersales, used and new. The improved performance of the Group is due to a combination of the strategic initiatives which we have embedded in the business, and improved market conditions

[fruitninja84] 18/10/2013 15:36

In @ 41p feels like I am nicely positioned for a rise thru the November results to a 50p target?

[jaf111] 16/10/2013 18:14

Super results from VTU - "The Board believes that given the current strong performance of the Group and favourable market trends, the full year results will be significantly ahead of current market expectations."

I can see no reason why CAM will not show a similar positive report at the end of November and continue to believe share price (up again today) will reach 50p prior to the results.

[mortimer7] 15/10/2013 09:36

Nice to see a recovery this morning after the share price dipped yesterday. i see Vertu announce their interims & trading update tomorrow, so hopefully there will be some positive reflection on to Cambria as well.

[jaf111] 07/10/2013 11:25

nice rise through 40p in weak market...encouraging!

[jaf111] 04/10/2013 14:54

Yes the news flow just continues to get better and better....

[mortimer7] 04/10/2013 13:37

New car sales hit the highest level in September for five and a half years as the latest 63-plate attracted buyers.

The Society for Motor Manufacturers and Traders (SMMT) said 403,136 new cars were registered in the UK, a rise of 12.1% on 2012.

[jaf111] 03/10/2013 16:06

HR Owen Trading Statement confirms continuing strong market....trading exceeding management expectations.

[jaf111] 29/9/2013 09:30

Could see this easily reaching 50p before results with improving sentiment on economy in general and the specifically the motor industry....

Mail on Sunday - Britain's car sales are enjoying their best boom since the 1990s, figures out on Friday will show.

[mortimer7] 26/9/2013 14:38

Good tick up today 2.25p. Fantastic & hopefully more to follow.