Share Name Share Symbol Market Type Share ISIN Share Description
Marshall Motor Holdings Plc LSE:MMH London Ordinary Share GB00BVYB2Q58 ORD 64P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 228.00 224.00 232.00 228.00 228.00 228.00 22,645 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Automobiles & Parts 2,154.4 20.4 17.8 12.8 178

Marshall Motor Share Discussion Threads

Showing 251 to 271 of 400 messages
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
so are we expecting good results or not from this one?
It looks like we are doing well in the downturn particularly compared to other dealerships.
Over £400K invested in the last few days and the Brokers adjust the share price by ......zilch! Very happy to knock it down though when they can on a few sales. Are they sitting on a stock of shares I wonder.
Just a reminder that Marshall Motors will be exhibiting and presenting at the Mello2019 event on Thursday 16th/Friday 17th May Http://melloevents.com/event/event-exhibitors/ They will almost certainly be doing two presentations so one in the morning and one afternoon. More info and tickets here...Http://melloevents.com/event/ If you use the code ADVFN30 you will be able to receive a 30% discount off the ticket price
Bought in here - such great value. The dividend increase is a game changer for me as admittedly this is the type of business that might trade on a low pe for a long time. At least with a 5% yield you're being paid in the meantime. There seems to be this general view that the sector is in terminal decline, but I just don't see it - people are still going to buy cars and most people will prefer to go through a dealer.
Another great performance from a top class outfit and full marks again to their dynamic CEQ! And an increased dividend too during uncertain times. Seems to be a very undervalued share which should now be above £2.00 but even substantial buys recently doesn't seem to have impress the Brokers. And as for all these threats about tariffs on cars how is that going down in Germany?
Nice and steady . Good progress on div too !Great value .Lots of stocks on low pe s with good divs iag, tw , PSn , trd , all with bundles of cash !!!!!Sicknote
5.2% yield now after the small rpice uptick. And with the cover range in the new policy it will be easy for the board to add to that by say 10% next year of they want to. UK stocks in general cheap at the moment compared to 90% of the world. Brexit resolution could see a rebound in a lot of smaller companies - why not this one? Well, when some institutional investors bother to notice it exists.
God knows mate, its rather a thin market though so moves are going to be lumpy.
I have been waiting nearly two years for this company to get rerated. What does the market want? Management and growth have been excellent here, property assets are huge, the balance sheet is solid as an oak, dividends are now really very good...
Yes, a more normal payout ratio for an established company.
Excellent results in a tough market. And a tasty new dividend policy from the great cash performance!
Very good results taking into account the decline in the new car market.
Not clear whether this acquisition is good or not for investors, as it is initially loss-making. Would like to have heard why management think they can turn it around...
Just to let you all know that Marshall Motors will be exhibiting and presenting at the Mello2019 event on Thursday 16th/Friday 17th May Http://melloevents.com/event/event-exhibitors/ They will almost certainly be doing two presentations so one in the morning and one afternoon. More info and tickets here...Http://melloevents.com/event/
Very interesting post Podgyted and with asset backing of around £2.40 ps the current share price looks ridiculously cheap. All this doom and gloom and also the Brexit/Brino shambles has pushed the share price down to about half what it probably should be.
Paul Scott on Stocko:- "This is a turn-up for the books! Car dealer shares have been in the doldrums of late, but things seem to be rebounding; ... better than anticipated trading during October 2018 and a more positive outlook for the remainder of the current financial year. The following comments echo what another car dealership recently said, and I reported on here. I think it might have been Lookers? Here is what MMH says, which is similar; As previously announced on 11 October 2018, the introduction of the new Worldwide Harmonised Light Vehicle Test Procedure ("WLTP") had a significant impact on the UK new vehicle market during September 2018 which was expected to continue for the remainder of the year. Whilst the resultant new car supply imbalance is continuing, growth in our used car volumes and margins given supply constraints in the new car market, combined with further revenue growth achieved in aftersales, has given us more confidence over the expected outcome for the year. The conclusion below isn't terribly helpful. They should have mentioned market expectations, not last year's figures; As a result, the Board now expects continuing underlying profit before tax for the year ending 31 December 2018 to be ahead of the Group's record results reported last year. Still, I suppose it's a given that better than expected trading is likely to flow through into better than market expectations profit. Why couldn't they have just said that? Extra work has been created now, as I have to look back at last year's results. Adjusted continuing EPS was 26.9p last year. Stockopedia shows 23.7p consensus forecast for this year. So it looks as if we could be looking at say 28p-ish for this year? That's quite a big beat against forecast, if my numbers are correct. At 156p per share, I make that an estimated PER of 5.6. I can't find any updated broker forecasts today, so please treat my guesswork above with caution. My opinion - this looks a potentially excellent opportunity to pick up some bombed out shares in car retailers. We now know that the supply difficulties haven't really had any impact, as margins have increased - makes sense really doesn't it? If supply is constrained, then you don't need to offer discounts to customers. My sector pick remains Vertu Motors (LON:VTU) (in which I hold a long position). But Marshalls looks an excellent choice too. I don't think there's a lot to choose between the listed car retailers actually. Consumers seem happy to shell out on big ticket items like cars & houses. So again, I'm scratching my head as to why the media keep telling us that everything is doom & gloom, when it isn't? The answer could be that the pressure on the High Street from internet migration of sales, is dominating the headlines. The negatives get reported, but the positives (of booming sales at internet companies) doesn't get reported. As regards cars, the market has totally changed in recent years. Most sales are not sales, they're leases - which are available at very attractive prices - e.g. brand new Mercs for £259 per month (plus a deposit). It makes more sense to run a brand new, leased car, than some old jalopy that's costing a fortune in repair bills. For this reason, I'm positive about the prospects for car dealer shares - and they're so cheap right now. Downside risk? As always, it's supply chaos if Brexit goes wrong. That would only be temporary though. Overall then, this looks a good buying opportunity to me - things are improving (a lot, by the sounds of it), but the stock market hasn't reacted much yet."
Edison update:- https://www.edisoninvestmentresearch.com/research/report/marshall-motor-holdings560767/preview/
jeff h
High level of short term credit? What, more than other car dealerships? How much in-house financing do you think MMH do? And as for thin margin, MMH has a better gross margin than either Lookers or Pendragon (the only two I checked), at 11.5%, by over 0.5%. Yet MMH is at a discount to these (currently) larger dealerships, and arguably better run.
I guess it's the high level of short term credit that MMH carries that keeps the share price down? A high turnover, thin margin model that might see the holding value of the stock decline if rates were to rise. Which I suppose would see the creditors get nervous. I was drawn to this by it being apparently such a bargain, it seems very well run, but I'm not going to be tempted. I do hope it does well for those who hold.
Meant to mention earlier.....congrats to the shrewdies who bought in last week..... Obviously nothing untoward.......
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
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