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
  +8.50p +1.19% 723.50p 722.00p 722.50p 725.50p 716.00p 720.00p 608,813 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 8,949.2 369.9 64.6 11.2 3,045.97

Inchcape Share Discussion Threads

Showing 1551 to 1575 of 1575 messages
Chat Pages: 63  62  61  60  59  58  57  56  55  54  53  52  Older
DateSubjectAuthorDiscuss
28/2/2018
14:55
Added another small amount this AM.
essentialinvestor
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
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
27/2/2018
12:50
I had a small amount.
essentialinvestor
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
27/2/2018
10:09
Yes, I too could see comfort in the "confident" statement. Some parts of the business are preforming strongly, plus only 21% of profit comes from the retail (margin pressured side of the business). Shares have steadied now, 672p. With some time for reflection on the strengths of the group and help from buybacks, >700p soon-ish?
ed 123
27/2/2018
10:00
The way shares react at the moment to any comments about uncertainty in markets going forwards, even if they do say they're confident of meeting forecasts, it looks like this is going to be 600p, which doesn't make a lot of sense really.
yump
26/10/2017
09:05
Great update and punished. Conclusion ...company is fine .. Markets are nervous
undervaluedassets
29/3/2017
09:46
Nice quiet board. strong momentum and good broker comments
undervaluedassets
22/12/2016
18:50
Well we got an acquisition!, market loves it on first look.
essentialinvestor
06/12/2016
10:34
Nice to see Legal & General are buying. Perhaps this might be enough to reverse the downtrend. Need some director purchases now to build confidence!
ppreston1
28/11/2016
11:45
Freefall if the share price breeches 600p. Chart looks very grim. Can't see much potential for upside here.
ppreston1
23/11/2016
16:33
INCH had bought back a considerable amount of shares daily using the first £50 Million of a 100M authorisation, that stopped following the recent update.
essentialinvestor
23/11/2016
15:12
Agree, it looks that way. The sector is well out of favour. Needs a bid for one of the smaller ones to boost sentiment, imo. I'd guess Inchcape is immune, due its size.
ed 123
23/11/2016
14:13
Steady decline. Not much support on the chart. Is this heading for 600p?
ppreston1
27/10/2016
18:02
They bought back nearly 300,000 shares for cancellation today. Current buy back has almost reached the £50 Million mark.
essentialinvestor
27/10/2016
11:59
Good sumation Ed. Had a very small amount of Look this morning, just a token purchase at this point as there is no final confirmation of the Parts division sale yet.
essentialinvestor
27/10/2016
11:48
I guess the Hong Kong slowdown was behind the PDMR sales. Fortunately for holders, the global footprint of Inchcape usually (and here again today) overcomes some regional weakness. So, we get Group LFL up 4.8%, masking North Asia LFL down 17.7%. The overall market data for Hong Kong is available online, so should not have shocked anyone today. Assuming a continuation of the gentle growth in global GNP, Inchcape should make gradual progress for years to come, imo. The solely UK motor traders offer more upside but more downside too. You pays your money ....
ed 123
27/10/2016
07:34
Looking at their cost base. Mentioned the director sales here previously. Not holding atm.
essentialinvestor
04/10/2016
10:56
Ed, sorry late reply as just saw your question 09/09 re the director deals.
essentialinvestor
22/9/2016
12:50
EssentialInvestor Also, share price chart looks a little precarious. Beginning another little downward leg? I can't see any recent director selling. What dates do you have? Ta. You'll know all of this but anyway .... Sector is somewhat out of favour due to possible impact of Brexit in 2 or so years from now. However, it should be less affected than the solely UK based motor traders. Also Inchcape should benefit from translation of overseas profits back into Sterling. Q3 2016 trading update due on 27 October. My feel would be to buy on any further weakness - but that's not advice, and I'm not adding atm.
ed 123
22/9/2016
12:20
Any thoughts here on the recent share price weakness. Some recent director selling ...
essentialinvestor
02/8/2016
10:58
Added this AM.
essentialinvestor
29/7/2016
08:47
Added this AM and will lower if available, like what I heard on the CC.
essentialinvestor
28/7/2016
17:05
Just listening to the conference call.
essentialinvestor
Chat Pages: 63  62  61  60  59  58  57  56  55  54  53  52  Older
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