Marshall Motor Share Discussion Threads

[csmwssk12hu] 27/3/2017 11:19

Inch ape just had upgrade added 5% this morning alone

[bigdazzler] 23/3/2017 14:47

Well to add to the above I'm certainly looking for around a further 25% increase from the current price.

That will be my review point from a TA perspective.

[barkjon230] 21/3/2017 14:38

Had my car serviced at Marshall's last week, seemed very busy and level of service was excellent

[hornets89] 21/3/2017 14:02

hxxps://stocknrolla.wordpress.com/2017/03/21/marshall-drive-off-with-a-bargain/

[csmwssk12hu] 20/3/2017 11:13

Just been into a dealership and done that many cars last weekend still catching up, sales lad claimed 132 cars in two days which if true is phenomenal

[jeff h] 19/3/2017 12:22

Andy Chambers from Edison gives an update:-



ShareSoc have a presentation and Q&A with the company in Richmond on Apr 4.

[martinwj] 17/3/2017 01:10

Investors chronicle latest mag out tomorrow will hopefully have their buy rec in it.

[csmwssk12hu] 17/3/2017 00:05

Yes very good a few prevent like this everyday for a few weeks would be nice

[hornets89] 16/3/2017 12:12

Very good. Exposure and awareness is important here because the numbers speak for themselves.

[csmwssk12hu] 16/3/2017 11:17

It's all good, not many people have ever heard of it which gives us a chance to win build up a bigger stake

[jeff h] 16/3/2017 10:43

A bit of coverage in The Mail:-

[55biker] 16/3/2017 08:42

The CEO of this outfit has a solid reputation for powering ahead and doing deals so I'm expecting the share price to move up steadily over the rest of the year.

Shares still look cheap just wish I had some more cash to put in.

[martinwj] 15/3/2017 22:00

Investors Chronicle have issued a buy rec today - may be in this weeks print edition

[csmwssk12hu] 15/3/2017 21:15

I've been in these for a while with the certain knowledge one day they will be significantly higher, personally think well run businesses with real assets to back value, seventh biggest dealership in UK is a place you can't stay they will expand and have shown capability to expand but imho will be taken out by someone like inchcape, I would imagine at a price about twice today's price, that's why I'm certain I'll wake up with them significantly higher those holding will do well the rest won't get a chance, it's punch taverns written all over it.

[qs99] 15/3/2017 14:14

12 month £2.85 blimey, if right then market are way off the pace DYOR

[jeff h] 15/3/2017 14:09

JAF - Yes you would have thought forecasts would have been nudged up a bit. Here's
what N+1 Singer say:-

Results are ahead of expectations with FD EPS up 57% YoY to 25.6p (cons 24.1p). Whilst net debt is in line at £54m, property backing is now £106m (138p/share) and the 5.5p divi is 14% ahead of expectations. Strategic initiatives are advancing well and recent acquisitions have integrated well, performing at least to plan. A full year of Ridgeway should add c£5m to PBT in FY17. Although still cautious about New, MMH has had a good start to FY17 and LFL March orders are up YoY. Forecasts therefore look well underpinned and the tenor of the update is encouraging but major changes are unlikely for now barring any lower tax edging up EPS. With further potential from its Used & Aftersales divisions, and only c2% of the New market, we see future profitable growth potential and today’s update should act as a catalyst for further re-rating from current low levels (6x P/E). Fair value on a 12 month basis is c285p (vs 166p CP).

[this_is_me] 15/3/2017 13:25

Bought a few more at just over 170p; dearer than the 136p I paid in December but, after those results, a good investment.

[qs99] 15/3/2017 13:11

Stockopedia write up just now is positive as well and I like Paul Scott as he does decent analysis IMO....gla

[hornets89] 15/3/2017 10:25

Really solid set of results. Surely justifies a higher valuation. Maybe let's start at a 10 PE ratio and go from there?!

[jaf111] 15/3/2017 10:23

...so a full year from Ridgeway (as opposed to about 6 months in 2016) will add nothing to the current year??? Lets see...I can wait!

[jeff h] 15/3/2017 09:34

Zeus, & N+1 (Pbt £26.3m, EPS 25.6p, Div 6.0p) both retaining their existing 2017 forecasts for now.

[mrx001] 15/3/2017 08:57

Well looks like the market has lot the plot linked in with a downer on car dealers.

[qs99] 15/3/2017 08:38

what I also like is there is no fan*ying around with the divi, xd is not too far off and payment thereafter. Some companies wait 3-4 months before an xd or payment....as shareholders we should all be on the case to those companies, but well done MMH.....

Look forward to seeing city start to wake up to this share IMO

[qs99] 15/3/2017 08:27

thanks for this one csm.....looks way UV IMO, NAV nearer £1.90 by its own book, great growth, yield .....market will wake up in due course, value will out as ever!