Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Lookers Plc | LOOK | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 129.80 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 129.80 |
| Top Posts |
|---|
Posted at 21/7/2023 11:15 by daveme JAF111, maybe Mr Market is being conservative. When a fund manager is looking at their performance, and hence bonus, they can't be gambling on a potential bid that may come to nothing. Better to sell half their holding, for example, and lock in a gain and run the remainder. Private investors aren't tied to justifying their performance and hence can take a gamble when it looks a good bet. |
Posted at 21/6/2023 12:35 by ali47fish variuos comments dont give any clue to others whether to wai in case a coutnerbid comes up and why have some investors already sold |
Posted at 08/12/2022 11:22 by insanityideas SMMT also show Tesla Model Y as having 3.1% of those total sales. As Tesla have a direct to customer sales model that is 3.1% of the market that Lookers cannot capture despite being a multi brand dealership.With other manufacturers looking at various options for direct to customer sales I think there is a threat of being cut out of a bigger proportion of new vehicle sales in the future as other companies follow the Tesla example. Although some of these models do still use dealers for delivery to customer it's not going to be as lucrative being the postman.20% of the market was also BEV in November, these vehicles have lower maintenance requirements which will be a hit to service revenue (historically a strong part of their income) over the next 5-10 years. Most manufacturers are still retaining a servicing package which as there are no consumable items (oil and filters) may turn out to be more lucrative in the short term until customers realise that they are being fleeced. - Tesla don't offer servicing, just fix on fail, comparison shoppers will notice this saving.These fundamental changes in the market are a more real threat to the business than unprofitable newcomers like cazoo... Difficult to quantify the impact to investors.Personally I got out of lookers once the share price recovered on takeover rumours earlier this year after holding through all the various scandals and share trading freeze... It's been a profitable investment for me, and as a previous lookers customer I do like the business, but I think these new threats until quantified better make it too risky a proposition regardless of opinion on company valuation verses share price. There is money in cars, but investing in it is tricky IMHO. |
Posted at 23/8/2022 16:05 by mrnumpty Lookers publishes its results tomorrow ( 24th August ) . The shares dropped 4.2% today , but LSE shows there were four times as many shares bought as there were shares sold ( 286,342 shares bought , 80,780 shares sold ) , which is hardlythe first time that this irrational share price movement has occurred here or with other shares . The volumes bought suggest that a lot of people see value here - I wonder whether , with the mysterious drop in the share price ( ! ) , we’ll see that a major investor buys a chunk at these low prices ! Good luck all |
Posted at 19/5/2022 09:20 by debsdowner UK heading for a bad recession astute investors moving into cash and bonds. |
Posted at 31/1/2022 09:14 by jaf111 Also Pendragon must be considered in play with 26% shareholding acquired by Swedish investor.........which pretty much only leaves Vertu - either so well run that it is untouchable or the ugly duckling that no one wants to know. OK also Caffyns, which is pretty small and family controlled... Pays your money, take your choice!!! |
Posted at 06/1/2022 12:59 by oharebj Profits are likely to be £80 million or 20p/share for 2021. They are sitting on a pile of cash. They have a strong pipeline of pre-sold new vehicles awaiting delivery. The Covid threat will hopefully wane after omicron declines in the near future.They have indicated that they will address the dividend issue in their next communication but it is a no brainer that it will be reinstated.That will restore institutional investor confidence.Even a modest part of the 20p/share profit - say 5-6p/share is not unreasonable. I believe that is when the breakout above 70p will happen. Probably the reason the price has been ticking up recently. A P/E of 3.5 beggars belief. |
Posted at 10/12/2021 12:54 by mighunter Artemis were at 11.7% on 31st July - though curious no holdings RNS since May. I'd say they've trimmed but only a small portion and maybe more a short term need for liquidity elsewhere in their portfolio. I'd say today's RNS is both to signal 11% was crossed previously but more importantly to signal that whilst they had to trim short term they're ready for their remaining 11% to be valued accordingly! HTtps://www.lookersp |
Posted at 07/12/2021 17:58 by insanityideas Sorry my last post was a bit rambling... My point in the generic EV conversation was that I don't believe the mass adoption of EV's will be good for any Dealer or garage, and I was listing out the reasons. The sale of EV's sometimes gets painted as positive for the industry due to the perception of lots of high value vehicles being sold and I think that is misleading if you consider where a vehicle owner spends their money in the life of the vehicle (e.g. per year: £1500 on fuel, £250 on a service, the occasional repair, insurance, etc). Selling new vehicles has always been a low margin capital intensive side of the business.As with any shake up of an industry there will be winners and losers, but the reality is that there will be shrinkage, and movement of business between levels of the supply chain (e.g. increased manufacturer lock in on spares supply and repairs, direct to customer sales and leasing).Lookers, or any other dealer could come out of this transition stronger and with fewer competitors, or it could go out of business. Investors are in the business of picking winners, I don't feel competent to pick a winner in this race so I intend to exit entirely before the market shrinkage starts to become obvious, after all there are still plenty of ICE cars requiring regular mechanical love for at least a couple more years before EV purchasing really takes off.How many people do you know who now say their current or next new car will be their last ICE one before going electric, and where will they buy it? Do they expect to fork over £250+ every year for a dealer to give it a once over up on the car lift? I think a growing minority of people have the money and the interest to buy electric and visit both a garage and a petrol station a lot less frequently... This month it was 18.8% of the market, and 101% growth from last year, diesel declined 62% in a year, various types of complex hybrids were on the up... The market is shifting quicker than expected (in admittedly unusual trading times). |
Posted at 18/10/2021 21:58 by woodwards26 Vertu seem to be motoring ahead on price well ahead of the 50p it has for years found hard to stay above for any considerable time.But it's long been my opinion that a lookers share is worth close to double a Vertu share but even 50% more means we should be rerated into the 95 p area soon when investors look across the sector.Any comments agreeing or disagreeing welcome as I consider whether to bet the house on it so to speak |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
