Yup. Pretty quite here. |
Hem looks like the directors have been over last couple of days,hopefully be back up in the 900 at some stage. |
Maybe a few director buys will help out here |
That Q3 is from October.
More likely something to do with Trump and Mexico. |
Q3 update CEO states a strong balance sheet and inline. Confident about the medium term. We are now at a triple bottom on the chart. Maybe a bounce? |
Some analyst decides to correct their slightly over enthusiastic target and boom ... £300m gone |
Downgrade to neutral from overweight by JPMorgan |
Why the drop ? |
WHat happened today ? |
Report looks good to me. |
Ex Divi day today - hence slight share price dip |
Louis
I'm here and did myself a favour by averaging down in early March with the pullback which I thought unjustified. So far so good and the omens look good too for a continued rise on the back of the active management team. |
The opportunity is still there Essential.
The morons running almost every country (and most companies) ATM will give you further opportunity. :) |
I sm trying to work out why I did not buy recently. |
Good news- gets rid of a very low margin business. I expect a big share buyback |
I am but trying to work out what it actually means for share holders does it mean that we have to wait over a year to get the benifit ? |
RNS and dead thread. Nobody interested????
Inchcape plc to sell its UK Retail operations to Group 1 for cash consideration of approximately £346m |
UK New Car registrations total for month of March was 317,786. Last March was 287,825.
Increase once again due entirely to Fleet market sales being up 30% as the sector catches up with the last two years supply shortages. Private sales down 7.7%. |
Those director buys stinks of insider dealing!!!!
Sky News has learned that AutoNation, which has a market capitalisation of nearly $7bn (£5.5bn), is among the suitors circling the business since Inchcape confirmed in January it was conducting a strategic review.
AutoNation is said to be at the early stages of considering an offer and may yet not decide to proceed with one, according to industry sources.
If it does go ahead, it would represent a first step into the UK for AutoNation after it withdrew six months ago from a bidding war for Pendragon, another London-listed car dealer.
A deal could be worth in the region of £350m, insiders said.
AutoNation failed to respond to several emailed and telephoned requests for comment.
The sale of Inchcape's UK operations would mark another stage in the industry's ownership shake-up. |
Yup, I should have bought a few, easy after the event as always. |
5/3/24 CEO buy @ 622.50p, £59.6k.
7/3/24 Chairman buy @ 640.75p, £98.1k.
Decent size buys always reassuring for PI's I think. |
UK New Car registrations total for month of February was 84,886. Last Feb was 74,441.
Increase due entirely to Fleet market sales being up 25%. Private sales down 2.6%. |
Well in for a few just now |
INCH is frequently given to fat % moves on news, today's
price actions joins a lengthy list
My concern is they have gorged themselves on acquisitions and now face tougher markets given macro headwinds.
There are longer term concerns on the future of car distribution, with OEM's selling directly to consumers.
It's a difficult call atm, a sale of their UK retail business would help. |
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