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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
  1.00 0.41% 245.00 242.00 248.00 245.00 244.00 244.00 26,874 14:42:33
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Automobiles & Parts 2,154.4 20.4 17.8 13.8 192

Marshall Motor Share Discussion Threads

Showing 301 to 324 of 400 messages
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
05/10/2020
10:34
Thanks. Pent-up demand or coming back to normal? Hm...
edmundshaw
05/10/2020
09:13
The total number of new cars registered in the UK in September were 328,041 vs 343,255 last year. A 4.4% reduction on September 2019. (SMMT Figures).
mortimer7
07/9/2020
15:51
Above posted for information. No significant new information there that I can see.
edmundshaw
07/9/2020
15:50
Marshall of Cambridge Holdings Interim results today. The results for MMH in that are broadly those of our interims (as you would expect). hxxps://research.equitydevelopment.co.uk/hubfs/Research/Marshall%20of%20Cambridge/Marshall%20of%20Cambridge%20%20%20%20%20%207%20September%202020.pdf On the post period commentary there is a small difference:- MMH: ---- Trading in the final month of the Period was strong, benefitting, as anticipated, from a combination of a release of pent-up demand, extensions to vehicle financing agreements coming to an end, a shift from use of public transport towards vehicle ownership and the delivery of outstanding vehicle orders not completed prior to the closure period. We have been encouraged by our ability to operate effectively and successfully under our revised operating procedures. MCH (holding company): ---- [...] since 1 June there has been a strong recovery in sales, driven by: + The high number of new and used finance agreements that have expired either during or since lockdown + Revenge buying, representing pent updemand, following lockdown + Nervousness in using public transport, resulting in strong demand for used vehicles and thereby, benefitting residual values(which is likely to continue ifshortages of new product persist) + The September registration plate change Following a modest loss at the operating and adj. PBT levels during H1, the MMH managementteamconservatively anticipates anoverall break-even position for 2020 as a whole, also citing the potential for further localised lockdowns as a basis for a degree of ongoing cautionin the short-term. The SMMT anticipates that the number of new cars purchased in 2021 should increase 26.9% to 2.04m vehicles, offering a positive outlook, particularly for the healthier market participants as consolidation is expected by various market watchers to accelerate over the next 12 to 18 months.Rather than amounting to an unrealistic target, the SMMT forecast for new car sales in 2021 represents a 12% reduction on the 2019 market outcome. Furthermore, MMH’s management team is of the view that consolidation in the automotive retail market is likely to accelerate, following the issues resulting from lockdown and the stress placed on the economy. MMH fully expects to participate in such consolidation.
edmundshaw
04/9/2020
09:18
SMMT have reported today that UK new car registrations in August were 87,226. A 5.8% decrease on August 2019 total of 92,573. SMMT commented: "August is typically one the new car market’s quietest months, it’s important not to draw too many conclusions from these figures alone. With the all-important plate change month just around the corner, September is likely to provide a better barometer".
mortimer7
18/8/2020
09:12
Agreed. Strong outperformance of the market is very good news for future prospects of the group and its aim to become the largest car retailer in the UK.
edmundshaw
18/8/2020
07:35
That looks like a very good set of results given the circumstances.
this_is_me
05/8/2020
09:15
Some good news this morning: SMMT have reported today that UK new car registrations in July total 174,887. An 11.3% increase on July 2019 total of 157,198.
mortimer7
06/7/2020
09:09
Number of new car registrations for month of June announced just now by SMMT. Total 145,377. Last June was 223,421.
mortimer7
17/6/2020
08:16
Yes, I have a relative, just back at work again at a two showroom garage, who told me that the workshop is bedlam with the 'phone ringing off the hook as people need cars fixed or overdue servicing. I was told car sales are still at a low level. Looking good for the medium term.
this_is_me
17/6/2020
07:38
A snippet easily missed..under the Notice of AGM RNS, the company states "In the short period since our dealerships re-opened on 1 June, initial trading has been encouraging"
jaf111
04/6/2020
09:16
SMMT data just out showing 20,247 new cars registered in May in the UK. 89% decline vs last May. Better than Aprils total of 4,321.
mortimer7
01/6/2020
14:52
I would guess that the value of the property has fallen substantially although it should recover in the medium term.
this_is_me
01/6/2020
11:12
I agree and MMH looks well placed to capitalise on this going forward because some less well run Dealerships will probably really struggle to recover. At least the low share price is underpinned by a substantial NAV!
55biker
01/6/2020
08:19
You quote one estimate as being 3 times another - nobody knows. Similarly results from cruse ships indicate over 80% of those infected have no symptoms at all, others give a much reduced figure. It is still true that nobody that I know that has had the disease has been added to government statistics. I looks like it will take a year for the motor trade to return to normal. I haven't filled my car up since March and that will kick servicing requirements down the road. MMH looks like it will be one of the long term winners.
this_is_me
27/5/2020
22:29
"The death rate is no bad than a bad 'flu season". The number of deaths to date is similar to a bad flu season, yes. Thank goodness, therefore, for the lockdown, or it would have been several times worse and hospitals would have been overwhelmed! Bad flu: fatality rate = 0.1% Covid-19: fatality rate is between 0.3% (optimistic German study) and 0.9% (UK "expert" guesstimate) with various higher estimates floating around for populations with worse genetics/age profiles.
edmundshaw
27/5/2020
18:06
The death rate is no worse than a bad 'flu season.
this_is_me
27/5/2020
16:56
162 dead in the local medium sized hospital, neighbouring hospitals are 340, 420, 450, 800 Barts, some in their 20s without preexisting medical conditions, no doubt, Reading had 50 on ventilators at one time, now down to a more manageable 11 so threatened to be overwhelmed: would have thought the lockdown was necessary otherwise there would have been an exponential rise in hospitalisations, shortage of oxygen, more deaths and third world care for some, granted, the disease may well soon reappear when lockdown is lifted, there is no vaccine or decent therapy and the NHS could be better managed, they should have laid off/given a sabbatical to a lot of their peripheral staff, like me, who have been largely idle while this has been going on, but do believe lockdown was necessary and had to take precedence over eg selling/servicing cars, many imported, in the last several months and that's said as a Family shareholder in MMH, VTU and CAMB so should have a balanced view.
mw8156
27/5/2020
07:51
The same people who should take extra precautions to try and avoid the likes of 'flu should, obviousl,y take the same precautions to avoid this virus. Sick people should stay at home, in bed if needed. The rest of us should be left to get on with life otherwise the country will not be able to afford a health service. Ours is not as good as it should be as it is.
this_is_me
26/5/2020
21:17
wouldn't think that were you an obese diabetic hypertensive male in your 70s... arguably they should have imposed the quarantine sooner, said on the news tonight that the week's delay may have caused the numbers who have died to quadruple.
mw8156
26/5/2020
07:26
Getting back to near normal after the ridiculous imprisonment of healthy people in our own homes.
this_is_me
05/5/2020
09:19
Figures just published by SMMT show the number of new cars registered in the UK in April were 4,321. April 2019 was 161,064. A 97.3% decline. In April there are similar falls across Europe, with France 88.8% down and the Italy 97.5%.
mortimer7
06/4/2020
09:14
Figures just published by SMMT show the number of new cars registered in the UK in March were down 44.4% compared to March 2019. Total units registered were 254,684 vs 458,054 last year. SMMT Comment "With the country locked down in crisis mode for a large part of March, this decline will come as no surprise. Despite this being the lowest March since we moved to the bi-annual plate change system, it could have been worse had the significant advanced orders placed for the new 20 plate not been delivered in the early part of the month. We should not, however, draw long term conclusions from these figures other than this being a stark realisation of what happens when economies grind to a halt. How long the market remains stalled is uncertain, but it will reopen and the products will be there. In the meantime, we will continue to work with government to do all we can to ensure the thousands of people employed in this sector are ready for work and Britain gets back on the move"
mortimer7
14/3/2020
20:15
Thanks aston. It is easier to read than listen to the detail without missing stuff.
edmundshaw
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
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