Motorpoint Share Discussion Threads

[morph7] 10/4/2017 13:53

Took an initial holding today. I like the planned expansion and the business model, plus the repeat business this company gets. Not to mention this nice quiet thread.... Which is always a great indicator in my eyes. Good luck allMorph

[my retirement fund] 06/4/2017 08:21

Well I've had a dable, if they keep going at this rate they may eventually justify their £2 float price.

[mfhmfh] 06/4/2017 07:53

I'm still holding here

[tallprawn] 06/4/2017 07:23

Nice update - Definitely a strong buying opportunity here now for the ride back up to last years IPO price levels.

[my retirement fund] 08/12/2016 11:23

Not sure this is the bottom yet

[mfhmfh] 29/11/2016 11:58

Outlook seems much more positive than I'd thought. A hold for me. IMHO.

[mortimer7] 29/11/2016 08:52

I think there's a miscalculation on the net current assets line on todays results on the balance sheet. Surely should be £7.2m not £14.6m. (Same error for 31st Mar & last Sept on same line).

[paleje] 29/11/2016 08:47

Despite directors recent performance, margin seems to be back to normal, repeat customers are up, divi confirmed and FY in line. Motor industry sentiment still poor but its looking a bit better here.

[hopeful holder] 06/11/2016 19:41

So owners make some money and don't suffer stich in the downturn if it happens. .

[larva] 01/11/2016 06:47

Why float and warn

[muffinhead] 27/10/2016 20:11

One for insomniacs

[paleje] 27/10/2016 09:57

ddubzy, no probs.

I noticed the non exec buy yesterday, she wasn't part of the founding team and not heavily invested, I thought it was a good sign although set against now very poor sentiment.

Thx for the telegraph piece mfhmfh, they do have a point although they also say somewhat risky and flag the old saying about profit warnings coming in 3's. Dunno.

[mfhmfh] 25/10/2016 08:33

director buy announced today. looking for a recover of the share price to around 200p at the time of results.

Plus positive update today from PDG.

[ddubzy] 21/10/2016 14:52

Haha, my post wasn't meant to come across as being directed at you paleje!!

[paleje] 21/10/2016 14:14

So do I, I wasn't siding with them, just joking about them...as someone else had likened them to George Cole's Arthur Daily earlier. But Arfur was a likable rogue, don't know about this lot.

[ddubzy] 21/10/2016 10:19

Not sure I'd buy a used car from em, agree with WYKEN!

[paleje] 21/10/2016 08:51

They bought 1.3m between them but they own 40m just to put in perspective. Arfur would've been proud of 'em.

[paleje] 21/10/2016 07:22

Substantial support from directors 3 x RNS this morning, might explain yesterday's rise.

[paleje] 19/10/2016 23:57

I don't know how true NT is, wipo1, but I read his first book years ago and it seems he's a millonaire from small caps so despite the ones that go wrong, his strategy of culling the bad ones early and running the good ones doesn't seem too bad.

[trytotakeiteasy] 19/10/2016 20:01

At the end of the day this is a second hand car dealer as far as I understand... would I want to invest in Arthur Daily... not really..

[salpara111] 19/10/2016 19:33

tell that to people holding Laird today!