Lookers Share Discussion Threads

[32campomar] 27/5/2020 15:01

Well it's just an educated guess but I wonder whether that large sell at 20p which has moved the price is our seller clear?

[diku] 27/5/2020 14:54

Last few trading days think a lot of PI's have loaded up on LOOK...

[diku] 27/5/2020 14:51

Can Private Equity guys buy this out?...

[32campomar] 27/5/2020 14:32

Loss making pendragon now up 16%. Only a matter of time here for profitable lookers!

[smackeraim] 27/5/2020 14:26

Yup it will go

[32campomar] 27/5/2020 13:44

20p going to give at some point, clearly a big resistance level but once clear sharp upside likely

[smackeraim] 27/5/2020 12:36

Lid just needs a strong hand, plenty coming ;-)

[jabers1] 27/5/2020 12:11

Interesting market update from Cap hpi - used car wholesale volumes estimated to be currently back to 20% of "normal" - cars (in all conditions) now fetching "mid-90s"% of cap clean.

Workshop lead times are extended to in some areas 3 weeks as the demand has been exceptional. Overhead absorption has a chance of being the best in many years.

[diku] 27/5/2020 12:02

It sure taking its time...the lid is stuck?...

[smackeraim] 27/5/2020 09:56

lid nearly open 30p coming imo

[diku] 27/5/2020 09:50

Somebody open that lid....

[diku] 27/5/2020 09:31

Is it at the bottle neck and 20p is the lid?...where is the lid opener...

[wobbly123] 27/5/2020 09:06

If you can't find that out yourself, perhaps investing isn't for you.

[jabers1] 27/5/2020 08:53

🤡🤡Do lookers trade in America?

[diku] 27/5/2020 08:51

Not a single trade on the sell side?...is this going to blast through 20p?...

[wobbly123] 27/5/2020 08:50

Look at the indices.

[jabers1] 27/5/2020 08:33

Please highlight which shares are now back to pre virus prices? 👀🤷🏻‍♂;️🤷🏻‍♂;️

🤡🤡Share prices are getting back to near pre virus values, which in my opinion is madness as it will take many years (if ever) to get back to normal. If a company beats EPS shares jump, but those expected earnings were reduced only a couple of months ago.🤡㊃3;

[wobbly123] 27/5/2020 08:09

32Campomar
You have made a number of naive assumptions.
1) I have been short for a long time and well in profit-So your comment about going short at the wrong time is based on a lack of knowledge.
2) The dealers doors opening will mean the end of furlough payments, increased running costs.
3) I don;t believe buying a new car is a priority for people.
4) News flow isn't profit.
5) Share prices reflect profit or anticipated profit.
6) Fraud, FCA investigation and possible compensation.

As to "missing a big point" , I am happy with my decisions, you assume you are correct and I am wrong.

[bigbigdave] 27/5/2020 07:46

AUTO giving motor retailers 25% discount in June.

[32campomar] 27/5/2020 07:43

In the long term you may be right, but you miss a big point. In the short term dealerships will be reopening there will be positive news flow and sentiment will improve. And that's what will drive the price in the next few weeks. You are going short at precisely the wrong time in my opinion. Long is the play right now.

[wobbly123] 27/5/2020 07:35

I have made it quite clear on a number of occasions that I am short Lookers.At the moment I wouldn't want to be long on any share.
Share prices are getting back to near pre virus values, which in my opinion is madness as it will take many years (if ever) to get back to normal. If a company beats EPS shares jump, but those expected earnings were reduced only a couple of months ago.
Normally I am long individual stocks, but that stopped Nov 19 as I thought markets were getting carried away.

As for only saying negative things about Lookers, I can;t see anything to be positive about for that stock.

Sub 10p stock for me.

I won't feel bad if stock goes to 10p or 0p as everyone has the option to go long or short. That's what makes markets work. Some win some lose.

Time will tell on Lookers (probably July)

[stmellons28] 27/5/2020 07:09

Wobbly123 do you have a short on lookers ? You only say negative things ? I only comment in groups that I want the share to do well.

[diku] 26/5/2020 14:15

I bet there is going to be an orderly queue all the way to timbaktoo...




32campomar26 May '20 - 12:23 - 1918 of 1920
0 0 0
Well I’ve change my mind & have bought this morning having spoken to a friend of mine who said that they have a lot of customers lined up to buy cars and are expecting June to be extremely busy. He says their phones have been ringing non stop since the government confirmed June 1st.

[smackeraim] 26/5/2020 13:44

https://twitter.com/10downingstreet/status/1265215336879718402?s=21