Inchcape Share Discussion Threads

[aileron] 06/4/2010 18:05

chug chug chug

[camelot5] 06/4/2010 10:11

INCH is on its way north .

[kfp] 01/4/2010 08:37

from todays Express

[mike24] 31/3/2010 10:49

all from inch,
next measham auction sale 13/4 111 vehicles 20% increase on previous wk
next blackbushe sale 14/4 174 vehicles

[lillytigerfeet] 23/3/2010 11:19

For you all at work without live price....INCH just caught 30.04, maybe reached the boarder safely?

[taffy_1979] 18/3/2010 15:43

Think this is a great long term prospect (no debt, much stronger position in comparison to it's competitors for when we come out of recession) but I'm out at 29.8p.

Bit gutted I didn't sell at 34p but still made a tidy profit.

Sure it'll be back up there eventually. Equally sure that there'll be a chance to buy back in at a 26/27 in the next few weeks. Will only take one piece of bad news to hit this in the short term.

[lillytigerfeet] 18/3/2010 15:30

Funny, I counted them today too.....not intra day, it was 10 I think on rough count summer onwards

[ricki] 18/3/2010 14:28

No Less than 7 attempts at breaking 30p but that wall is like 30" steel

[hvs] 18/3/2010 12:53

Thank you ricki.

INCH will definitely perform as can only IMPROVE from here.

[ricki] 16/3/2010 17:13

Maybe of interest to the inch high private eye holders.

I've just been speaking to an old friend who has his own luxury car dealership
and he gets a lot of his cars looked over by a guy from inch. Now apparently he can't get any work done by this person for some time as they are up to their necks with all this call back saga. So it seems that inch are doing a lot of business fixing japanese cars at the moment and as my friend has pointed out this should be a big earner for inch.
Also bank of America have upped its target to 40p

[ricki] 15/3/2010 10:30

On the plus side, there will be fewer shares on the market which would raise the beta and should squeeze the price up a bit. On the downside there's no divi and with a long term price target of 35 (which has been lowered from 43p price target before the results) I think 27p to 29p will be here to stay for some time. Breaking 30p will be nigh impossible in the short term although there might be a few stabs at it over the next few month.

[shortearedowl] 12/3/2010 21:59

I don't view the 1 for 10 consolidation with any great joy. My recent experiences of consolidations have all been painful and now a further two shares in my portfolio, INCH and COST are both proposing to pull it on me.

[hvs] 12/3/2010 14:47

We is FLYING.

[hvs] 12/3/2010 11:15

Why in our Dear INCH flying when all the IDIOT press says its drowning ?

[ricki] 11/3/2010 21:33

A sure fire lesson to those newcomers that think an ok set of results means a ticket to ride. With Inch at 26p 8 months ago and a medium term target of 33p,no divi and the possibility of a double dip recession. Think this could be thinking twice time

[manchesterbill] 11/3/2010 19:56

Tempus Column in the Times even more gloomy

[jibba_jabba] 10/3/2010 21:23

Car dealer Inchcape (INCH) said that profit before tax and exceptionals in 2009 fell by less than expected, by 18% to 155.1 million pounds. Sales on a like-for-like, constant currency basis were down 14.6% at 5.6 billion pounds. No dividend was recommended, although earnings per share were up by a fifth at 2.3p. Inchcape said that it expects continued market momentum in Hong Kong and Australia in 2010, but weaker conditions are still forecast in the UK, Greece, Singapore, Eastern Europe and Russia. Panmure Gordon raised its target price from 32p to 34p, saying that there is still scope for recovery in the firm's business. The stance remained at 'buy'. Inchcape shares fell back by 1.49p to 28.04p.

[killieboy] 10/3/2010 19:28

ricki - you have a point - just got a bit fed up with some of the dribble that was spouted leading up to results - I will get back in my box and tune in a few days before the ints!! Regards

[ricki] 10/3/2010 19:08

Come on!! not that much ramping here its the deadest bb i've ever seen on advfn. Just one or two of the five people who have posted over the last few days just got carried away with the up coming results.

had this been like any other board on here there would have been the usual ramp, deramp, slagging off, name calling x200 every day.

[killieboy] 10/3/2010 18:58

............... so what was all that ramping, over the last few days, about............??

[ricki] 10/3/2010 16:34

All in all results were nowhere near as good as expected and with the possibilty of a hung parliament and the very real threat of a cut in our AAA rating. We could see a very volitile few weeks ahead for Inch.

[ricki] 10/3/2010 14:08

MARKET REPORT

Car dealership Inchcape fell more than 2% after it said it expected market conditions to remain challenging this year. The group revealed that profits for 2009 fell by less than expected, but this failed to prevent a decline for shares of 0.6p to 28.9p.