Lookers Share Discussion Threads

[flyfisher] 17/2/2021 15:42

Lookers has commented that the interim loss will be largely recovered in the second half. This implies around £30m of half 2 earnings, which was a trading period with a one month lockdown, as such it was slightly impaired.

Sector margins are reported as still being strong into the first half of 2021.

Prior to the expense fraud issue the average annual earnings was around 12.7p.

With the slimmed down staffing and improved margins it seems a reasonable proposition that earnings could recover towards their historic average over a two year period.

Accordingly i took a position last week.

[woodwards26] 17/2/2021 13:14

Personally agree with you but there are still many other possible reasons why his stake has gone up other than just putting his hand in his pocket and buying another 0.7 percent.I'm 68 I think he's 85 he was my personal hero from when I first started in the trade 47 yrs ago along with Vernon Ford !I'm telling a few guys in the trade to buy a few with money they can afford to risk but I wouldn't tell anyone that doesn't know the business to pile in just yet . It could rocket any day or drop back to low 30s but I believe with or without Mr Bramhall it will see 3x this value anytime in the next two years.My son says many other place to get a better return Dad and urges me into the companies surrounding cannabis supply in case it gets legalised

[daneswooddynamo] 17/2/2021 10:20

Apologies, must be going mad, posted that thought a week ago!

[daneswooddynamo] 17/2/2021 08:24

With foreign holidays looking increasingly difficult for much of the summer the car dealers could be the target for consumer cash over the next few months

[jabers1] 16/2/2021 10:05

Knowing TB from back in the day, there is no chance he puts money into investments that he doesn’t expect to go up..

He is the “king of kings” when it comes to making money from the motor trade.

[woodwards26] 16/2/2021 09:21

Could be many reasons his stake has increased so I wouldn't read too much into it as yet

[jaf111] 16/2/2021 07:18

Bramall increasing stake is certainly interesting.....he certainly has the expertise / experience so what's to stop the near 80 year old taking the company private?????

[woodwards26] 15/2/2021 23:32

Ps wobbly Bramhall increasing stake is definitely time to close your short in my opinion. And time to go long.He's my hero in this business maybe long in the tooth now but in my view the ultimate motor dealer

[woodwards26] 15/2/2021 23:19

Elite strategist and Elite motor trader many reasons could explain why he has done this but time will tell.

[jabers1] 15/2/2021 21:31

Anyone who holds 78.5million shares doesn’t purchase stock without having done their research. He like, all intelligent people with his kind of wealth clearly knows that the stock is way undervalued....

[daz1712] 15/2/2021 21:12

Seen that, interesting to work out why he would do that?
Maybe just showing a signal of support to boost the share price or starting a potential full offer?

[jabers1] 15/2/2021 19:36

Tony Bramhall has increased his significant holding to now hold 20.14%

[jabers1] 15/2/2021 18:53

Lookers PLC Holding(s) in Company

15/02/2021 6:13pm
UK Regulatory (RNS & others)

TIDMLOOK

RNS Number : 1761P

Lookers PLC

15 February 2021

TR-1: S tandard form for notification of major holdings


NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and
to the FCA in Microsoft Word format if possible) (i)

1a. Identity of the issuer or the Lookers plc
underlying issuer of existing shares
to which voting rights are attached
(ii) :
--------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer (please mark with
an "X" if appropriate)
Non-UK issuer
----
2. Reason for the notification (please mark the appropriate box or boxes
with an "X")
An acquisition or disposal of voting rights X
----
An acquisition or disposal of financial instruments
----
An event changing the breakdown of voting rights
----
Other (please specify)(iii) :
----
3. Details of person subject to the notification obligation (iv)
Name
Douglas Charles Antony Bramall
City and country of registered office
(if applicable)
4. Full name of shareholder(s) (if different from 3.) (v)
Name Guernsey Investments Limited

BBH ISL Nominees Limited

Ferlim Nominees Limited

M Foody
--------------------------------------------
City and country of registered office
(if applicable)
--------------------------------------------
5. Date on which the threshold was 12 February 2021
crossed or reached (vi) :
--------------------------------------------
6. Date on which issuer notified (DD/MM/YYYY):
15 February 2021
--------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting % of voting rights Total of both Total number
rights attached through financial in % (8.A + of voting rights
to shares (total instruments 8.B) held in issuer
of 8. A) (total of 8.B (vii)
1 + 8.B 2)
------------------ --------------------- -------------- --------------------
Resulting situation
on the date
on which threshold
was crossed
or reached 20.14% 20.14% 390,138,374
------------------ --------------------- -------------- --------------------
Position of
previous notification
(if
applicable) 19.44% 19.44%
------------------ --------------------- -------------- --------------------



8. Notified details of the resulting situation on the date on which
the threshold was crossed or reached (viii)
A: Voting rights attached to shares
Class/type of Number of voting rights % of voting rights
shares (ix)
ISIN code (if
possible)
Direct Indirect Direct Indirect
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
----------------------
GB00B17MMZ46 78,598,051 20.14%
----------------------- ---------------------- -------------------- ----------------


SUBTOTAL 8. A 20.14%
----------------------------------------------- --------------------------------------

B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion Period rights that may rights
(x) (xi) be acquired if
the instrument
is
exercised/converted.
------------ --------------------------- -------------------------- ----------------



SUBTOTAL 8. B 1
---------------------------------------- -------------------------- ----------------

B 2: Financial Instruments with similar economic effect according to
DTR5.3.1R (1) (b)
Type of financial Expiration Exercise/ Physical or Number of % of voting
instrument date (x) Conversion cash voting rights rights
Period (xi) settlement
(xii)
----------------- ----------------- ------------------- ---------------



SUBTOTAL 8.B.2
------------------- ---------------




9. Information in relation to the person subject to the notification
obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled
by any natural person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuer (xiii)
Full chain of controlled undertakings through which the voting rights X
and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity (xiv) (please add additional
rows as necessary)
Name (xv) % of voting rights % of voting rights Total of both if
if it equals or through financial it equals or is
is higher than the instruments if it higher than the
notifiable threshold equals or is higher notifiable threshold
than the notifiable
threshold
---------------------- --------------------- ------------------------
Douglas Charles
Antony Bramall 20.14% 20.14%
---------------------- --------------------- ------------------------





10. In case of proxy voting, please identify:
Name of the proxy holder
-----------------------------------------------
The number and % of voting rights
held
-----------------------------------------------
The date until which the voting rights
will be held
-----------------------------------------------

11. Additional information (xvi)




Place of completion Harrogate
Date of completion 15 February 2021
-----------------

[jabers1] 12/2/2021 14:44

The resident 🤡🤡🤡 returns..

[wobbly123] 12/2/2021 14:38

Thanks Daz1712

Current doing ok with Lookers looking like snow-falling.

[daz1712] 11/2/2021 21:31

Very true Wobbly but I think Jabers has done that
Good luck with your future investments

[wobbly123] 11/2/2021 21:17

He who laughs last laughs etc etc

[jabers1] 11/2/2021 21:06

WOBBLY123 There are people out there who can help you, don’t be lonely, just call them, I’m sure they will help you. Ye 🤡🤡🤡

[wobbly123] 11/2/2021 21:01

CORRECTION TO ABOVE

I have said I don't respond to idiots.

[jabers1] 11/2/2021 20:47

🤡🤡🤡 The resident Clown has returned for the umpteenth time, having said it would be his last post many many times previously..🤡;🤡🤡

[wobbly123] 11/2/2021 20:03

Even if Vertu wanted to make a bid they won't do it at this inflated share price, which is
F
A
L
L
I
N
G

[woodwards26] 11/2/2021 18:31

Yes Vertu would be making better use of their money buying lookers shares than their own. I don't expect a bid would succeed but they would pocket a handsome profit along the way.

[jabers1] 10/2/2021 18:58

Don’t be shocked it Vertu try and buy lookers. Today the market cap of Vertu is £10m more, just doesn’t make any sense for anyone who knows what Lookers have and what Vertu own.

Today Lookers are valued at less than 50% of what their property is worth, this alone doesn’t make sense. Lookers expect to make £40m in fy 2022. This would put the company on a p/e of 3.5 and excludes freehold property of £310m

[daneswooddynamo] 10/2/2021 18:03

Been buying a few too although I have rather bigger chunks of mmg and vtu. Car dealers look well placed for feel good purchases as the year progresses and if holidays prove difficult to take they might do even better