Share Name Share Symbol Market Type Share ISIN Share Description
Lookers LSE:LOOK London Ordinary Share GB00B17MMZ46 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.00p +0.99% 101.75p 102.00p 102.50p 104.50p 100.50p 101.00p 460,978 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 4,281.7 91.8 20.5 5.0 406.56

Lookers Share Discussion Threads

Showing 2101 to 2124 of 2125 messages
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older
DateSubjectAuthorDiscuss
16/11/2017
16:17
Not a solitary BOD buy post update.
essentialinvestor
09/11/2017
10:47
Hi Ed, only a guess on my part. As per previous posts have questioned the expansionary strategy at this part of the cycle. KGF update shortly, the recent Homebase figures looked very ugly. Not holding atm.
essentialinvestor
09/11/2017
10:40
Hi EI. If the buybacks are to be modest, then why do them at all? Pendragon did some share buybacks at up to 40p per share. Price in the market now? 25p. Capex? Why do the manufacturers require such glossy showrooms and styling updates? At the end of the day the customer pays. If there is to be real pressure on consumers ahead, then surely those showrooms jobs will be cut back? High margin on servicing and repairs? I wonder if the time will come when the market resists the prices that the car group garages charge? As an example, I needed some steering parts recently and bought the OEM items for a quarter of the price the garage was asking. The public seem blind or indifferent to these massive margins. But, will it go on for ever?
ed 123
09/11/2017
10:17
Ed, would expect any buyback to be modest. CAPEX has been chunky of late and would think it would fall back some. Agree on cyclicality, made the very same point elsewhere yesterday.
essentialinvestor
09/11/2017
10:13
Q3 trading update today. Much as expected except for the share buyback bit. It's a bad move, imo. If the business had been a steady one without debt, then share buybacks would have been ok by me. However, Lookers is cyclical, arguably at the start of a dip and has c. £60 million of debt. It is not the business and not the time for buybacks. (Remember the 2009 rescue rights issue at 40p?) I've held Lookers at times in the past. Watching but wary - I need to see how Brexit will impact the UK economy at large and the motor retail sector in particular. The shares are about 100p atm. Cheap, when viewed against current trading, but what lies ahead?
ed 123
27/10/2017
17:38
Nice rise. I was preparing to sell if the share price fell to 95p
werewolfie
24/10/2017
13:14
Yesterday was PDG warning as you are probably aware. The focus for Look should be less on expansion at this point of the cycle, and instead get net debt paid down. Gearing has rapidly reduced over the past two years in fairness, helped by the parts division sale.
essentialinvestor
24/10/2017
12:57
From experience; if the share price sinks before then there are people who know more than me! Especially before an update. Might take this loss
prospective investor
24/10/2017
12:21
Trading update 09/11.
essentialinvestor
23/10/2017
18:51
Share price trebled between 2011 and 2015. The 2009 low was around 20 pence from memory, there has been some major money made here.
essentialinvestor
23/10/2017
15:43
T Cowie was my first sector buy back in the early 1990's, so have seen a few cycles. Held Look previously as per postings, however does anyone notice the lack of any recent BOD purchases?, Made the same point last year. It's fine the CEO emphasising a resilient expansive strategy, but the sector is cyclical. You can make a case used car sales and aftercare help counter this. I'm not convinced how much weight that carries if the UK consumer begins to cut back. All just IMV only.
essentialinvestor
23/10/2017
11:54
A firm in the same sector posted a profits warning. Pendragon... https://www.theguardian.com/business/live/2017/oct/23/uk-car-dealer-pendragon-profits-warning-uk-manufacturers-economy-business-live Income elastic demand - was always going to struggle with the incertainty over Brexit and falling real incomes, not to mention possible future rate increases. I am in deep too - fingers crossed they have a better strategy.
pdoc
23/10/2017
11:35
Any idea why it's so low? I bought in at 1.59 and foolishly never applied my stop loss.
werewolfie
23/10/2017
10:15
down ----no volume cant make my mind up either
hardupfedup
20/10/2017
09:40
Can't decide wether to sell these at a 10% loss. This company looks good on paper but seems to be held back by larger forces.
prospective investor
03/10/2017
12:07
100k @ 120+ yesterday
hardupfedup
19/8/2017
08:52
MUANGSING When you lower the rate of return, the share price should move higher. By choosing 5%, Lookers would be £3.67, if post-tax earning gets maintained at £80m.
walbrock82
18/8/2017
17:41
walbrock82 Out of curiosity what would the share price of Lookers be if the required rate of interest were to be 5% and not 11%. Regards
muangsing
18/8/2017
11:03
Car dealership market To understand the car dealership market, you need to know what driving the sector. The last recession caused oversupply on the manufacturing side, so car subsidy schemes have helped stimulate demand. The biggest change to car financing is the PCP financing model, where owners no longer own cars but lease it for two to three years. They pay for the depreciation of the car rather than the full price. Afterwards, the owners could pay the remaining balance or sign another PCP financing for another car. This is called the PCP finance model. The problem is the shift from oversupply in manufacturing to over supplying the retail side. As long as demand keeps rising there are buyers to be found. Now, SMMT is forecasting the UK new car sales to fall for the first time in four years by 5% in 2017. In 2018, this will decline by 3%. Within two years, the demand for cars would have fallen by 10% in total. Forecast That will hit car dealers like Vertu and Lookers because they rely on volume and price. So, my analysis for Lookers is it will trade around 80 pence in the next 12 months. For the breakdown of calculation and detail analysis on my share price prediction, click here: http://bit.ly/2v74wjY
walbrock82
17/8/2017
15:04
A good point on operating margin made earlier. Lookers isn't bad at 2.7% for car sales but I do like to target margin, price to book and earnings. Two out of three aint bad, but cashed out at a small profit. Feel we may get another August drift in the general market and cash might be better deployed in abeyance for later we will see.
stewart64
17/8/2017
12:45
walbrock82, The alternative conclusion under "Lookers acquires Warwick Holdings Limited" could be that Lookers over-paid! I emphasise "could" though, as I don't believe that they did. JakNife
jaknife
17/8/2017
12:19
How much will Lookers fetch in the market? How much will Lookers fetch in the market? The market value is £425m and the enterprise value is £559m. But, how much will buyers pay for the company in the market? One way is to assess how much Lookers has to pay for past acquisitions. Use info from Warwick Holdings Limited (acquired by Lookers in Nov. 2016) there is two possible valuation: Price to sales = £776.72m; Price to net assets = £701.7m. This is a 20% discount to enterprise value. Details of calculations are found here: http://bit.ly/2w4ENgo
walbrock82
16/8/2017
20:19
Problem with this and many other beat up retail stocks is people perceive there is a risk of a brexit consumer slowdown and if there is they could be hit hard,however there is little evidence of it so far although they did say they expect the British car market to srink 3% this year.
tim 3
16/8/2017
19:11
Well indeed that's probably why it has a price to book of one and a p/e of five. Wouldn't be surprised if it goes down with the current volatilty. Guardian sentiment priced in. Just like you pay a p/e of fifty and a price to book of five on Imperial Brands because it is deemed crash proof. I did say it was a punt.
stewart64
Chat Pages: 85  84  83  82  81  80  79  78  77  76  75  74  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:33 V: D:20171214 06:19:17