Share Name Share Symbol Market Type Share ISIN Share Description
Motorpoint Group Plc LSE:MOTR London Ordinary Share GB00BD0SFR60 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.67% 298.00 293.00 300.00 299.00 292.00 294.00 12,234 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 1,018.0 18.8 16.4 18.2 269

Motorpoint Share Discussion Threads

Showing 151 to 170 of 175 messages
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MOTR a David Thornton pick in yesterday's live piword interview (1-2PM). Hear what he had to say at 32m11s: video: Https:// podcast: Https:// 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: Https://
Easy. Buy without finance.
just visited the local dealer - they're not selling many cars - after 3 months of depreciated standing due to Covid and little uptake since they've re-opened - plus they can't get stock, as stock is now at a premium, add in the finance at 9.9 APR versus many new dealerships who are offering 0% interest, Motorpoint is going through a tough time. margins on cash sales are very low, at around £300 per car and many cars that were in the facility are top end and over £20k to buy, can't see many breaking down doors during these furloughed times to buy cars 2 years old on 9.9% finance. I also learn that Black Horse are taking a tighter line with finance - results out on 14th July will report a record year for the last 12 months, but going forward looks bombed out. short
Hope you bought some.
Yep....easy 10 - 20%gain to be made in the next couple of weeks.
All of their stock which will have depreciated, without including the crash in trade prices for cars their sister company has been unable to sell on either.
Car showrooms to open from Monday 1st of June. MOTR's sites have a lot of their stock outside...bodes well.
Well today was as good as a warning given they are expecting profits to grow over the full year. Not much the company can do about consumer confidence so I'm not too critical on that score but the share price does look artificially high (due to the buybacks) for a company that has gone backwards of late. The company looks very well managed but I do have one very significant concern. £24.9m of H1 revenue came from the sale of 'motor related services and commissions', a very large percentage of which must go straight to the bottom line, revenue less the salesperson's cut I imagine. The FCA are looking into these commission payments and an adverse outcome of the investigation could prove massively damaging to profitability across the industry. Given I've experienced first hand the high pressure tactics/con tricks they try on in dealerships, I think it very likely additional regulation will be introduced.
It looks like they've exhausted the buyback ammunition. Not more purchases since helping out David Shelton.
Yes, the buyback programme was helping it defy gravity. It's not going to look good if they warn in a few months time.
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.
i read on another board and there is a bbc report about the "buyback scam" it should be googleable but from what the last few posts are saying sounds correct. Ive got to say it did open my eyes a bit. As also said above its better done at a discount but most likely throwing that amount of shares into the market would most likely cause the share price to dip anyway. Seems well calculated imho
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".
Good in so much that the company can buy back more shares at a discounted price. It does however confirm my suspicion that the share price had been artificially inflated by buy backs and low volumes.
What's to be made of David Shelton selling at least 8m shares? Supported by company buy backs of up to 25% of those shares.
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...
From Lookers trading update this morning: "margin pressure in the used car market has significantly increased". Got to be having an effect at MOTR.
this from PDG this morning extract 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 where MOTR are
[...] Immersion Capital LLP Resulting situation on the date on which threshold was crossed or reached 13.31 N/A 13.31 12,976,600
Good afternoon, Motorpoint (LON:MOTR) Share price: 211p (up 3.9% today, at 12:44) No. shares: 97.6m Market cap: £205.9m Half year trading update Motorpoint Group PLC, the UK's largest independent vehicle retailer, is pleased to announce the following trading update ahead of its Interim Results for the half year ended 30 September 2018. H1 revenues expected to be up c.9% Operating margin similar to last year Pleased with quality & mix of current vehicles in stock 12th site, in Sheffield, is performing well Pipeline of new sites under review Outlook - sounds alright; The Board continues to closely monitor customer confidence in light of the ongoing economic and political uncertainty. However, the Board is encouraged with the recent trading performance and remains confident that Motorpoint's independent and flexible model leaves it well placed to increase market share. My opinion - it's striking how some companies are blaming Brexit uncertainty, the weather, football, etc, for poor performances. Whilst other companies are just getting on with things, and doing well. Motorpoint seems to be in the latter category. The valuation looks attractive to me - see below - for a company with a proven formula, which is opening new sites. Could be worth a closer look, and adding to my watchlist for things to buy on any panic sell-off. The return on capital & equity look very good. It doesn't seem to need much capex. Just a piece of land with a few large sheds on it. Flogging good quality secondhand cars to the public, at bargain prices, won't ever go out of fashion. So this is a good business.
douglas fir
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