Lookers Share Discussion Threads

[costax1654x] 27/3/2020 07:59

https://www.alamy.com/stock-photo/indian-donkey.html

[jayminpatel1] 26/3/2020 16:41

He is a donkey simple I have muted the dog now

[ihavenoclue] 26/3/2020 16:40

Jaymin and Costa, you are just as bad as each other.ADVFN would be a better place without people like you IMHO

[costax1654x] 26/3/2020 16:24

You can call your family members how you want,donkeys or cows,but not us on adfvn

[jayminpatel1] 26/3/2020 16:20

Keep talking donkey

[costax1654x] 26/3/2020 16:17

What donkey son?we are not in India?we live in U.K.

[jayminpatel1] 26/3/2020 16:09

Donkey eat some carrots

[costax1654x] 26/3/2020 16:07

Unfortunately it's not going there!

[costax1654x] 26/3/2020 16:06

Great...unfortunately for you I bought some at 14p!Looking to sell them at 18!

[babbler] 26/3/2020 16:01

Hooray costa is here. Another reason to buy... I'm going all in!!! :D

[jayminpatel1] 26/3/2020 15:56

All that adds up to very undervalued at this price

[babbler] 26/3/2020 15:54

#LOOK (Lookers) March 2020 *£46mln cap with 390mln shares *52 week High 103p Low 11p *current price 12p The bad news Jan -March 2020 1 hit by C19 and temporarily suspended operations with support from OEM partners . 2 delayed accounts until end of April 2020 due to potentially fraudulent activities in ONE of its divisions (2016-19) not material to business but clearly damaging 3 cut dividend 4 new car sales contracted 6.6% in Q4 The better news 1 Uk Gov will support business with deferral of all taxes/rates ( last year paid £16mln in business rates) 2 OEM partners offering a variety of financial support 3 revolving £250mln credit faciity with 5 banks up to 2022. 4 strong property portfolio with a net book value of £317mln / 81 pence per share. In fact 15 sites were closed in 2019 raising £8.3mln with "other legacy surplus to be sold during 2020" 5 December 2019 Douglas Charles Antony Bramall went to 20% holdings 6 cashflow enabled the debt to reduce from £87mlm to £62mln Verdict *since Dec 2019 it has been hit by 4 major set backs meaning a fall from 65pence in January to 12p in March ( a 7 week fall) *12p/ £46mln cap seems that all past present and future bad news is priced in and with 81pence per share property porfolio makes it a potential takeover target OR allow opportunity to sell some to cover any impact of C19 *charts extremely oversold Short term trade from 12pence and review towards middle of April when results are scheduled

[jayminpatel1] 26/3/2020 15:52

Who sold 37 pounds worth pmsl

[babbler] 26/3/2020 15:48

Even with FCA issues that's minor. Should be over 30p. Minimum.

[costax1654x] 26/3/2020 15:48

It will fall back to 13-14 and your babuji is gonna slap u with the flippers

[robizm] 26/3/2020 15:30

It is called patience as not everything shoots back up. FCA to sort out first .

[jayminpatel1] 26/3/2020 15:25

Thanks but got to make a profit here first, I bough at 16p today

[babbler] 26/3/2020 15:23

Look into AIR also

[jayminpatel1] 26/3/2020 15:17

I missed most of those! But now wondering why this one has stopped what do you think

[babbler] 26/3/2020 14:54

I was in most of those... Not cine. But the rest. Was laugh at for nex. At 95p.

[jayminpatel1] 26/3/2020 14:31

Wow what an amazing opportunity Can see this rising while under the radar likeWilliam hill did Elm didNex did Cine did The property they have as per rns is worth 80pAlthough the fraud case still is very under valued