||EPS - Basic
||Market Cap (m)
Lookers Share Discussion Threads
Showing 2076 to 2100 of 2100 messages
|Well all I can say on the 2 times I visited they were as busy as I have ever seen them could be just a fluke I do not hold here as am normally a ftse stock investor but am tempted to have a small punt!|
|Interesting comment Tim 3 about being very busy..... April expected to be quiet after the plate change, coupled with the changes in car tax......|
|Was at one of their large dealerships a couple of times times this week a very slick operation and very busy,been going their for years and its the busiest I have seen it.
Service was very professional defiantly keep an eye on these as the shares look good value imo.
Bought several cars of them over the years and they do compete well with internet prices which should stand them in good stead moving forward.|
|Records tumble as March UK new car market hits all-time high...
New car registration unit stats issued today by SMMT show 562,337 new cars were registered in March 2017. A new record month, 8.4% up on March 2016.
Registration have now jumped 6.2% in Q1 2017 to 820,016 units, a new record quarter.
Undoubtedly these figures are boosted by consumers & businesses reacting to new tax changes effective from 1st April, pulling forward purchases into March.|
|Link to MIDAS ...3rd story
|also tipped in mail onsunday today by midas|
|Tipped BUY today in investors chronicle. Ic say oversold at this price. I have added on the weakness in share price.|
|M, thanks for the view. My Dad was a CFO so if unsure he is my usual go to.
I tend to focus more on big picture/strategy, well aware of my limits ).|
|There's some narrative on Net debt movement in the financial review cash flow section of yesterdays report. It is a difficult one to predict from an outsiders perspective with all the other working capital movements & the timings of the accounting cut off.
Would have more meaning to us as investors if we could see a monthly trend. But at least it's going the right direction.|
|Mortimer, what I was a bit surprised by was the net debt figure.
Allowing for the parts sale, plus those other dealerships sold, then netting
off the two acquisitions, I expected around 40 Million?.
May not be looking at that correctly.|
|Ah I see. I guess Lookers have no statutory presentational requirement to indicate the effects of the Benfield acquisition in their 2016 report.
In 2015 year end accts, they acknowledged turnover growth of £330 million, of which acquisitions contributed £263m. (Benfield for the period 2/9/15 to 31/12/15)|
|Like for Like, probably should have used a L in fairness.|
|EI - sorry if I'm being a bit thick, but what are the 141 numbers?|
|I found the presentation, can't see the webcast on the investors site
as of yet.|
|Webcast well worth a listen. I added to my holding after listening to CEO.|
|Mortimer, is that correct, have you looked at the l4l numbers?.
Just had a quick look at the Zeus Capital note, may be you have different
definitions on l4l.
Will listen to the webcast later if there is a playback option available.|
|Thought it worth reminding everyone that Lookers bought Benfield in Autumn 2015.
So Lookers turnover/revenue for 2016 has the benefit of a full year of what was Benfields revenue. This was approx £700m in their last year. So effectively that acquisition is the prime driver of Lookers revenue increase.|
|Management very happy with used and new cars sales for Jan Feb 2017 can't give numbers though . Very confident in another great year. I have added to my position after listening to call.|
|Lookers boosted its revenues by 17% to £4.3 billion in 2016, with much of its growth coming from increased sales at its existing businesses.
Although the group acquired Knights BMW and Mini and Drayton Mercedes-Benz and Smart businesses, its trading results show its motor division’s turnover rose by £658 million, of which acquisitions contributed only £131m. Chief executive Andy Bruce said it was “pleasing to see organic growth in turnover of £527m”.|
|Conference call starting at 9.30am|
|Besides wishing for some clarity (in the release) on the above, it would be nice to see motor dealers' "pre-exceptional" results in the sense of "before the influence of attractive financial purchase plans"!|
|May be back in on a bad day, pretty much as I expected, up at the open on excitement
and then profit taking, nice quick turn ).|
|Following the Q3 update, these really were in the bag imv.
Got the calculation on net debt wrong, the pension defcit increase is less than I thought.|
|Great set of results well done lookers team.|