Share Name | Share Symbol | Market | Stock Type |
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Motorpoint Group Plc | MOTR | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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126.00 | 126.50 |
Industry Sector |
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GENERAL RETAILERS |
Top Posts |
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Posted at 06/4/2023 11:16 by kalai1 Motorpoint Group plc issued a trading update for the year ended 31 March 2023 this morning. The Group delivered record revenue of c.£1,437m, up c.9% helped by vehicle mix and price inflation, profit before taxation is expected to be broadly break-even. Market share (0-4 year vehicles) for the 12 months to December 2022 grew strongly to 3.5%, the balance sheet remains strong with c.£5m cash at year end, and significant borrowing headroom. New Chief Technology Officer, Tom Tang joined the Group in March to accelerate digital transformation. Valuation looks attractive with PEG ratio and PS ratio both top quartile. But share price remain in a sharp 18 month correction, MOTR is a share to monitor for the time being......from WealthOracle |
Posted at 13/5/2022 17:19 by tole https://www.fool.co. |
Posted at 01/2/2022 16:19 by weemonkey Looking a bit neglected over the last few months. But not much wrong here as far as I can see. Has been a much steadier performer than other listed car dealers (PDG, LOOK and VTU). Recent recovery in these latter's share prices from low bases has flattered them. MOTR has has not dipped in the same way; In fact if you stand back, it is MOTR's shares that, in spite of the recent weakness, have still managed to outperform PDG, LOOK and VTU over the last six yearsSo I am not sure that the recent 20% fall from high will be long lived for MOTR.. MOTR is asset light and has less debt than PDG,VTU and LOOK and has strong ROCE ( Roce of 28.75 according to advfn (number needs updating) and Roce 16 according to my Sharescope). ROCE of course is set to jump at next full year, and these results, along with those of the rest of the sector should make for pleasant reading. Another thing.. From information I have gleaned from being a nosy investor, restoration of a divi is a priority for management Finally, as we all know car dealership as an industry is being shaken up. And as the MOTR business model is asset lite I would not be surprised to see Cinch or Cazoo take a predatory interest (Cazoo especially as they are desperate for inventory and do not want to take on too many dealerships). Given all this I do not know if this outfit will be around for very long as an independent. Interesting times. |
Posted at 16/10/2020 10:05 by tomps2 MOTR a David Thornton pick in yesterday's live piword interview (1-2PM). Hear what he had to say at 32m11s:video: podcast: Next week on piworld, Thursday 22.10.20, 1pm, we have a Superstar interview with one of the two most popular interview guests, Andy Brough, Schroders, Head of UK & EU mid and small cap team, & Richard Leonard, from a Family Office. Register here: |
Posted at 06/9/2019 10:54 by f15jcm Bit annoyed as I was considering MOTR for a short and didn't end up taking the position. I do actually like the business but at 240p+ I thought it looked well overvalued given the market backdrop. The share price even went up after the profit warning, presumably due to the buying pressure of the buyback program and the low volumes changing hands. |
Posted at 06/9/2019 08:08 by typo56 Was David Shelton's intention to sell known by company back in May, when buyback authority was extended?The company have just spent £5.15m buying back his shares at 200p. Prior to today I think they'd bought back about 2.5m shares under the £10m buyback programme announced on 7 May 2019. By my calculations that means they must have just about completed it. Without a new programme MOTR will no longer be supported by daily 'price maintenance". |
Posted at 23/7/2019 15:34 by bumpa33 and it is from todays update.this would be under a quid already if it weren't for the share buyback programme. very suss on MOTR and it's "share trading", how many other stocks out there go up on a profit warning... |
Posted at 12/7/2019 07:57 by f15jcm From Lookers trading update this morning: "margin pressure in the used car market has significantly increased". Got to be having an effect at MOTR. |
Posted at 19/10/2018 10:40 by thefartingcommie this from PDG this morningextract UK New Car market data for the month of September showed a decline of 20% in new car registrations and a similar trend has continued in October demonstrating the impact of WLTP. During the year we have continued to invest in our... Used Car business in new start up locations and transformation costs. .... As announced at the half year we commenced the roll out of our "used car factories" for the refurbishment of used inventory. This accelerated investment is being made in spite of the short term dilutive effect and the significant costs incurred, latest data gives us encouragement for the future growth of this part of the business. behind the curve here.......re-affirm |
Posted at 10/6/2018 06:21 by danieldanj Motorpoint Group (MOTR) Earnings-Reaction to Keep an Eye |
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