Inchcape Share Discussion Threads

[ruthless23] 01/12/2009 13:06

There was a 9 for 1 rights issue at the beginning of April
The ADVFN charts have been readjusted but the Google charts have not hence the sudden drop!

[sawden] 30/11/2009 17:07

2.4p x 12 = 28.8p

[queenwood] 29/11/2009 14:37

sales of jag, range rover and new land rover up 23% it will all help to rally this week with luck.

[cockneyrebel] 27/11/2009 11:49

Bouncing bang on support - another 5p rally building from here perhaps.

CR

[jon182] 27/11/2009 11:06

Interesting! thank you sawden

jon

[sawden] 26/11/2009 21:12

Using ball-park figures and making a lot of simplifying assumptions :

Multiply the turn-over figure by the margin, divide by the number of shares in issue and finally multiply by a typical (for the kind of company) value of P/E

e.g. ( £4000m x 0.033 / 4600m ) x 12 = 34.4p

The figures in the brackets are a crude attempt to work out the eps or earnings per share

[jon182] 26/11/2009 14:36

i have a question it may be a daft one but i am still learning. How do you calculate the expected share price off the margin?

Thank you
jon

[undervaluedassets] 26/11/2009 14:04

sawden

the numbers are all available in the interims and annual reports

[cockneyrebel] 26/11/2009 14:03

Motoring on the restart.

CR

[sawden] 26/11/2009 12:49

With a margin of 3.3 %, expected share price becomes 35p and at 4.9 % share price should be 52p, which is more like it

[undervaluedassets] 26/11/2009 12:08

saw

just been to their site (as opposed to advfn)

their margins at last interims were 3.3 % down from 4.9%

[sawden] 25/11/2009 09:16

UVA

If that's the case the shares are worth about 18p assuming 400000 trades at £10000 each and a P/E of 12

[cockneyrebel] 24/11/2009 15:45

Back in and buying here - screaming buy level on the chart imo.

CR

[undervaluedassets] 24/11/2009 14:18

saw,

margins are around 1.7 percent

you are a bit off

[sawden] 18/11/2009 11:38

As I find it difficult to understand balance sheets I sometimes try to to get an idea of how a co works by playing with a few basic figures.

Inch seems to have had a good year in 2007 - TO £6.0 bn, Profit £240m

Assuming that their business is soley in trading vehicles and that the average price of a trade was £10,000, then they traded 600,000 vehicles at an average net profit of £400/trade

Looking at the current year, I would have liked the share price to have been 50p for the FY. At an assumed P/E of 12 this would mean an eps of about 4p or a profit of
£184m (with 4.6 bn shares). Which translates into 460,000 vehicles traded assuming the above profit/trade of £400 is maintained

[bigbigdave] 17/11/2009 07:58

INCH Should get a lift from PDG ims today.

[hvs] 16/11/2009 15:42

Nearly there.

And more to come.

[hvs] 16/11/2009 14:57

At this rate we will hit 35p

[master rsi] 15/11/2009 23:00

From Equity movers.......... INCHCAPE (LSE) Composite Indicator   Hold Short Term Indicators   Buy   Buy   Buy   Buy   Hold Short Term Indicators Average:  80% - Buy20-Day Average Volume - 27294375 Medium Term Indicators   Hold   Buy   Buy   Buy Medium Term Indicators Average:  75% - Buy50-Day Average Volume - 25712863 Long Term Indicators   Hold   Buy   Buy Long Term Indicators Average:  67% - Buy100-Day Average Volume - 25717621 Overall Average:  72% - Buy  Price Support Pivot Point Resistance 33.4000 29.8200 32.5900 35.3600

[cockneyrebel] 14/11/2009 11:46

Me too - PDG trading staement any day - looks like something was leaked last week at their do for some institutions imo.

CR

[hvs] 14/11/2009 11:17

Its possible.

I am bullish.