Inchcape Share Chat (INCH)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Inchcape Plc	LSE:INCH	London	Ordinary Share	GB00B61TVQ02	ORD 10P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	+6.00p	+0.98%	617.00p	617.00p	618.00p	618.00p	609.00p	611.50p	724,870	16:35:27

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
General Retailers	9,277.0	132.1	11.6	53.2	2,561.80

Inchcape Share Discussion Threads

Showing 1576 to 1597 of 1600 messages

Chat Pages: 64 63 62 61 60 59 58 57 56 55 54 53 Older

Date	Subject	Author	Discuss
01/5/2019 11:44	Courtesy of ADVFN Newsdesk: Jefferies initiated coverage on shares of car retailer Inchcape at 'buy' with an 845p price target on Tuesday, arguing that the "undervalued" distributor could drive upgrades by applying material surplus cash flow to M&A or share buybacks. "Inchcape's valuation does not represent its repositioned business, strong cash flow and potential for upgrades," it said. "After a period of estimate resetting we now expect Inchcape to positive re-rate from depressed valuation multiples." The US bank pointed out that Inchcape proactively seeks M&A targets and has completed eight distribution deals and two distribution acquisitions in the last few years. It estimated £0.9bn-£1bn of cumulative acquisition or share buyback firepower is possible over the next three years, with implied 23% to 48% earnings per share accretion. Jefferies said it sees a sustainable role for automotive distributors, especially those focused on small and medium-sized markets. "Inchcape is reshaping to address the opportunity with profitability increasingly weighted towards higher-margin, higher-return distribution, away from lower-margin, lower-return retail (93% of profits from distribution versus 71% in FY14). "We see a greater understanding of the new shape as a key valuation re-rating driver."	mortimer7	Read Full Thread Reply
01/5/2019 09:29	New coverage initiated by a broker yesterday: Jefferies International with a "BUY" rating and target of 845p.	mortimer7	Read Full Thread Reply
11/12/2018 11:43	Written Q&A for the DT interview with Zeus Capital - http://bit.ly/2G8FeMQ	astonedt	Read Full Thread Reply
17/10/2018 17:24	Find out what they have to say in the morning.	essentialinvestor	Read Full Thread Reply
17/10/2018 15:24	EI I think that depends on whether online ordering is going to be significant or not and the market didn't just decide that today. Maybe there's been a few major investors taking a view on the combination of dropping consumption added to market correction added to general possible trading problems across continents (trade war rumours etc. etc.) - consumer slump - mini-recession. Question is: how much worry is or has been already in the market. I think people (including 'the market') are feeling that sooner or later hell will be unleashed. Analysts and brokers won't want to be caught with their credibility pants down, so its safer to issue 'hold' and 'sell' than 'buy' at the moment.	yump	Read Full Thread Reply
17/10/2018 14:12	The only tangible thing I can find specific to Inchcape to trigger todays drop is a broker update from HSBC which downgrades from BUY to HOLD with a reduced target of 650p.	mortimer7	Read Full Thread Reply
17/10/2018 12:56	Would question the sustainability of their longer term operating model. You can order cars online now direct from the manufacturer in some cases. The future of distribution, their largest market, is more difficult to say. Inch geared up the balance sheet at the wrong time.	essentialinvestor	Read Full Thread Reply
17/10/2018 12:54	Perhaps there's a bit of deliberate testing of support levels going on, on the basis that the Dow is expected? to have another big down leg - its certainly in no-mans land at the moment and its difficult to see what might send it up to previous highs as the lack of reality of 'making America great again' hits home and the first high turns out to have been artificial. There's still a lot of profit to be banked by nervous people, if they've benefitted from the rise since the recession.	yump	Read Full Thread Reply
17/10/2018 12:03	Don't think that is the reason for todays drop - that information has been known for a while & IMO already priced in to Motor Retailers share prices.	mortimer7	Read Full Thread Reply
17/10/2018 10:41	Here is the reason: hxxps://www.acea.be/press-releases/article/passenger-car-registrations-2.5-nine-months-into-2018-23.5-in-september	shorthornbull	Read Full Thread Reply
17/10/2018 09:50	Package holidays??? Inchcape plc is a leading global premium automotive group, operating in 29 markets with a portfolio of the world's leading car brands in the fast-growing luxury and premium segments. Inchcape has diversified multi-channel revenue streams including sale of new and used vehicles, parts, service, finance and insurance.	mortimer7	Read Full Thread Reply
17/10/2018 09:08	Package holidays are the probem here.Thomas Cook warned recently.	brain smiley	Read Full Thread Reply
17/10/2018 08:37	8% down - broker downgrade?	belgraviaboy	Read Full Thread Reply
27/7/2018 14:03	This was the reason as reported "Car dealership group Inchcape fell 5.8% to 738p on a 15.6% decline in pre-tax profit in the six months to 30 June amid challenges in its retail market."	yokelee	Read Full Thread Reply
27/7/2018 11:49	So I could buy in cheap:)	lodgeview	Read Full Thread Reply
27/7/2018 09:46	Reasons for the fall this morning, any one ?	yokelee	Read Full Thread Reply
26/7/2018 06:17	Inchcape (INCH) Earnings-Reaction to Keep an Eye http://crweworld.com/Earnings-Calendar	danieldanj	Read Full Thread Reply
28/2/2018 14:55	Added another small amount this AM.	essentialinvestor	Read Full Thread Reply
28/2/2018 00:56	Yes, EI, some risks. As ever it's about weighing those risks and looking at the value in the shares. I can't say whether the current arrangement will end at some point. Inchcape is useful to the manufacturers and it may be that the manufacturers will always want distributors and retailers? In some parts of the world manufacturers are prohibited from competing with independent retailers. Valuation? Two months into the current year and management sounded confident today. Current year prospective p/e ratio around 10 at c.680p. Dividend yield c. 4%. Share buyback approved. As you say, cautiously run business (eg.borrowings approx equal cash and cash equivalents, and pension fund is in surplus (c. £70 million)). Geographic spread gives some resilience. Eg. good growth reported today at group level, even though the UK retail side is under pressure. US bond and equity markets are nervous due to forecast interest rate rises. May be a bumpy ride, who knows? Some value in Inchcape at 680p, imo. Should be some broker updates following the results. Will see what they say.	ed 123	Read Full Thread Reply
27/2/2018 13:17	Ed my concern longer term would be the future of vehicle distribution/retail, can INCH continue to thrive in a rapidly changing market, will cars be increasingly sold direct from manufacturers to consumers?. Inch went in to the last downturn with approx half a billion in debt from memory, unfortunately this lead to a highly dilutive RI, they have been ultra cautious on gearing since then.	essentialinvestor	Read Full Thread Reply
27/2/2018 12:50	I had a small amount.	essentialinvestor	Read Full Thread Reply
27/2/2018 10:25	Well under 'normal' circumstances 700p seems perfectly reasonable, but the market has the jitters imo. Direct Line even posted a special dividend and not a hint of anything negative and the shares have stayed where they are - not exactly expensive. I just hope that the portfolios of anyone that voted for Brexit suffer the same frustrations as mine, as the whole process is messing things up just as we'd recovered from the dreadful recession. No doubt people will blame politicians, but its the UK voters that voted for it. Unfortunately I think the lessons are going to be learned painfully by the very voters that thought it was going to make Britain great again - or some such daft idea.	yump	Read Full Thread Reply

Chat Pages: 64 63 62 61 60 59 58 57 56 55 54 53 Older