Marshall Motor Share Discussion Threads

[jaf111] 15/3/2017 08:12

A 8% uplift in share price, whilst nice, is surely very underwhelming / derisory..... when will the market give it a proper rating???

[csmwssk12hu] 15/3/2017 08:02

Already 7% up

[jaf111] 15/3/2017 08:01

Thanks for update Jeff H....yes my forecast was from last June...but i am not giving up on 30p yet!

[csmwssk12hu] 15/3/2017 08:00

Will be getting revised back up lol

[jeff h] 15/3/2017 07:56

Latest Investec forecast was I think on 15/2/17.

Y/E 31/12/16 PbT £24.60m EPS 23.48p Div 5.22p

Y/E 31/12/17 PbT £26.30m EPS 25.11p Div 5.58p

...so 2016 easily beaten, with the new car sales slowdown 2017 EPS will have been revised down from the 29.6p what JAF quotes above...must surely beat 25.11p though!

Used and After Sales portion of profits still growing.

[jaf111] 15/3/2017 07:40

Looking back to last June I note "Investec have revised target price from 230p to 375p and are forecasting EPS of 23.5p in 2016 rising to 29.6p in 2017."

I await updated forecasts but having easily beaten the 23.5p forecast surely eps must easily exceed 30p.

[csmwssk12hu] 15/3/2017 07:27

The mcap here on those results is so cheap

Mcap 128m
Debt 54m
Property value 106m
Effectively take out property and offset mcap and debt and your paying 76m for a company making 25m this year that's just grown nearly 70% in one year, even at 10 times earnings this should be valued at 250m which is near on £5 imho dyor, this is better than when I got into punch taverns at 95p late last year imho dyor

[mrx001] 15/3/2017 07:22

So good I may well buy some more.

[csmwssk12hu] 15/3/2017 07:21

Way ahead of market forecasts on revenue profit eps and dividend!

[jaf111] 15/3/2017 07:08

Yes at first glance super results....not just massive growth in
turnover (due to acquisitions) but also significant like for like growth.....

Very impressive......

[csmwssk12hu] 14/3/2017 15:54

Hopefully yes

[santangello] 14/3/2017 13:33

Looking forward to breakfast in the morning...with some encouraging news to accompany it :)

[csmwssk12hu] 14/3/2017 00:07

Results out Wednesday should see these move big time

[csmwssk12hu] 13/3/2017 19:49

Yes due on 15th

[hornets89] 08/3/2017 11:58

Results should be a week from today.

[jaf111] 08/3/2017 07:10

Agreed Santangello....and not long to wait to hear from the company.....

[santangello] 08/3/2017 06:55

Nice read across from CAMB yesterday regarding progress, numbers and trading.MMH more diverse and more exposure to the market, so confidence taken from the same.JLR representative tells me they cannot make cars fast enough to sell them, orders for new models (Discovery, F Pace etc) are higher than forecasted.

[csmwssk12hu] 03/2/2017 15:09

Relative of mine works at major dealership albeit not Marshall has told me they have just had an record outstanding January a lot busier than they expected, maybe MMH has as well and this is filtering through?

[55biker] 23/1/2017 10:57

Very positive trading statement to stem the disappointing retrace from £2+.

Apart from the shock of the Brexit Vote it seems like somebody has been unloading a large holding?

Certainly the company looks very good value now and hopefully the full results plus more clarity about future Brexit negotiations will help push the share price back up again to a more realistic level.

At least the CEO has a reputation for getting things done.

[jaf111] 17/1/2017 10:46

Some signs of life.....and certainly a LOT of catching up to do vs other car dealers.....

[jeff h] 13/1/2017 14:44

...and from BRR Media:-

[jeff h] 13/1/2017 11:47

Interview and Zeus Capital comment at directorstalk.com:-

interview-marshall-motor-holdings-plc-comfortably-line-expectations/

[jeff h] 12/1/2017 12:31

Yes the Investec 23/9/16 forecast had 29.6p EPS for 2017.

Zeus have 32.5p for 2017 in their 16/11/16 forecast.

Be interesting to see if any new forecasts made after todays announcement.