Lookers Share Discussion Threads

[flyfisher] 08/4/2021 08:23

Jabers, good call on the trading update, well done.

Do you have a link to broker upgrades.

Thanks.

[jabers1] 08/4/2021 08:20

Brokers have raised their price targets to over 100p..

[middlesboroughfc] 08/4/2021 08:12

Get to 100p on that statement

[daneswooddynamo] 08/4/2021 08:09

A month ago pound coins on sale for 50p, now 70p

[jabers1] 08/4/2021 07:46

Cinch could be about to bid, WATCH THIS SPACE.....

[farrugia] 08/4/2021 07:17

Given ongoing uncertainty around both Covid-19 and consumer sentiment, the Board believes it is right to remain cautious about the outlook for the remainder of the year. However, based on the better than expected performance in Q1, the Board's expectation for underlying profit before tax for the full year ended 31 December 2021 is now materially ahead of the current analyst consensus 1.

1Management understands analyst consensus for underlying profit before tax for the full year ended 31 December 2021 to be £22.6m.

[jabers1] 07/4/2021 22:52

Once a 🤡 always a 🤡

[middlesboroughfc] 07/4/2021 21:37

Jabers17 Apr '21 - 13:25 - 2583 of 2586
0 2 0
The shares can easily double from here. We will hear a bullish trading update for Q1 very soon.





great

[daz1712] 07/4/2021 18:57

I’m sure with showrooms opening and the figures released with new car sales been higher than the previous year, residual values of used car been higher, the past uncertainties with the investigation finished and closed, it doesn’t take Einstein to work out a bullish trading statement is likely wobbly?
How did the short sell go at the new price of 55p revised from 5p?

[wobbly123] 07/4/2021 17:09

It appears that Jabers1 is claiming to have knowledge of the contents of a future trading update.
No doubt the FCA will be interested in that claim.

[middlesboroughfc] 07/4/2021 16:07

Yes what date in April?


In April, the Group will issue a trading statement for the first quarter of 2021 and confirm the dates of its preliminary results announcement and AGM.

[jabers1] 07/4/2021 13:25

The shares can easily double from here. We will hear a bullish trading update for Q1 very soon.

[aishah] 07/4/2021 12:22

Stockopedia shows 12m rolling PEG of 0.2 with StockRank of 91 and 4 brokers having a Strong Buy rating. Very interesting article in SCSW over the weekend.

[daz1712] 07/4/2021 11:57

If cazoo is valued at $7 billion selling only 20k units against lookers 200k units then think I’ll be looking to sell my Investment at well over the current price.

[flyfisher] 07/4/2021 10:44

You are a few weeks late, however i guess that most on here will have a price target between 75p and 95p, when trade is back to normal.

Good luck.

[ali47fish] 07/4/2021 10:41

i have taken a position and the share price is going up-not sure wheter i should waqit for a dip/down day or add anyway! anyone cares to give an opinion!

[woodwards26] 06/4/2021 17:32

But you know without me stating the obvious Wobbly share prices are based on perception of the future not last or any other year

[wobbly123] 06/4/2021 16:45

11.5% up on a terrible 2020, talk about spin.

[mortimer7] 06/4/2021 09:18

SMMT have announced the number of new cars registered in the UK during the month of March was 283,964, an increase of 11.5% compared to March 2020 figure of 254,684.
Looking ahead, last April total units was 4,321 so the percentage increase for April 2021 could be 4000%!!

[jabers1] 05/4/2021 12:23

New car sales jump as trade motors past the pandemic
Robert Lea, Industrial Editor
Monday April 05 2021, 12.01am, The Times
About 280,000 new cars were registered last month, compared with 254,000 a year ago...

Registrations of new cars in the key number plate change month of March have bounced back from previous lows.

Industry estimates indicate that registrations last month for the new “21” plate will be up about 10 per cent when official figures are unveiled tomorrow by the Society of Motor Manufacturers and Traders.

It is reckoned that the SMMT figures will show that about 280,000 new cars were registered last month, compared with 254,000 in March 2020. That is a remarkably resilient performance, as showrooms remained closed last month during the third national lockdown, and is testament to dealers rapidly embracing online sales and click-and-collect delivery of cars.

The March 2020 figures were blighted by sales lost in the second half of the month as the country went into the first national lockdown and were down 44 per cent from the March 2019 tally.

March is a key month for the trade, traditionally accounting for 20 per cent of all annual registrations, because of demand for the biannual change in the number plate.

[oharebj] 05/4/2021 07:22

New car sales jump as trade motors past the pandemic https://www.thetimes.co.uk/article/new-car-sales-jump-as-trade-motors-past-the-pandemic-znl3fs7jj?shareToken=6d3854b326a4198a0cc2bf8d6be82df6Augers well

[jabers1] 04/4/2021 14:26

Serial automotive investor Bruce Beaton said: ‘Compared to mainstream plcs with audited accounts and balance sheets the valuation is absurd.

‘It goes back to the dot com days where the hype was greater than reality.

‘If the same valuation levers were applied to say Lookers they would be trading at £12bn and Tony Bramall would be a happy investor.’

Cazoo has not commented on the IPO rumours to Car Dealer or to request from Sky today. Cinch has been approached for comment by Car Dealer.