Pendragon Share Discussion Threads

[critter] 31/7/2013 21:41

Interim financials out on 6th August not 4th (Sunday, Doh!) as I said above!

[critter] 29/7/2013 20:35

Breaking away on Daily Mail speculation of a takeover! Dimpkins, maybe the 4th rather than the 1st of August though trading statement possibly on 1st.

[amelio] 29/7/2013 15:31

Breaking away on anticipation of results.

[dimpkins] 29/7/2013 10:56

Cheers Critter

[adamb1978] 27/7/2013 10:17

Just been through my figures for PDG again and I think the market forecasts are way too light. I'm using the Q1 guidance per the trading statement as the basis for H1, with some alterations, and then assuming a reasonable decline in H2 (compared to H1) similar to that shown in previous years.

I actually think that EPS this year could come out somewhere around 3p rather than the 2.2p forecast. If that happens, then would expect to see the share price get to 35p relatively quickly. I'm not sure that the market is giving them credit for their refinancing and reducing leverage either

My only issue with my PDG holding is that it was originally quite a decent size bet and its doubled since I bought in and am therefore getting a bit too over-weight with them!

[mreasygoing] 26/7/2013 19:11

33p next stop !

[adamb1978] 26/7/2013 15:20

Hard to believe that the numbers wont be anything other than excellent given the anecdotal sector evidance and EH comment above

[critter] 26/7/2013 10:55

1 August I believe.

[dimpkins] 26/7/2013 10:17

Any date for figures yet?

[beazer2] 25/7/2013 18:22

Trevor Finn on BBC 1 6 o`clock news writing 20% sales increase onto a car windscreen in an Evans Halshaw showroom. His interview seemed very positive and should reflect underlying confidence that PDG is due a further uplift.

[dimpkins] 23/7/2013 14:31

Any thoughts on the recent sales of Land Rover & Jaguar dealerships in Scotland? Would have thought they were keepers, unless Manufacturer has forced them to cut exposure. 101 staff went across so they were not small operations, plus also sold Jaguar Bolton. Hope the price was good

[cockneyrebel] 23/7/2013 11:12

Next leg up starting today - rather nice :-)

CR

[someuwin] 23/7/2013 07:16

Jefferies International reiterates 'BUY' with 31p target.

[montyville2] 22/7/2013 21:58

While the trend is up I can see this coming back to the 50 day moving average before resuming the climb up. Not currently holding but I would certainly be a buyer anywhere near 25.5. GLA

[cockneyrebel] 22/7/2013 14:34

Nice curve up on the chart:

[cockneyrebel] 20/7/2013 11:14

ta jeffian, good bit here:

[jeffian] 19/7/2013 11:02

...and more good news for the sector -

[cockneyrebel] 18/7/2013 10:53

HRO says :

The offer of 130 pence per HR Owen share represents only a 7.4 per cent. premium to the closing mid-market price of the Company's shares on 16 July, the last trading day prior to Berjaya's announcement. The Board believes the offer by Berjaya to be inadequate and at a level which materially undervalues the Company

---------------

Should boost the sector if/when the bid price is hiked higher imo.

CR

[cockneyrebel] 17/7/2013 14:09

Bid for HR Owen - expect the sector to light up imo.

CR

[cockneyrebel] 16/7/2013 12:39

Good read across for the sector? PDG t/s Aug 8 last year.


H.R. Owen Plc(the"Group")

Trading Update following a strong half year performance

H. R Owen to exceed management expectations

The Board of HR Owen Plc is pleased to report that the Group has experienced
encouraging trading results in the first six months of 2013.

The Board has been delighted with the progress made in its strategy to improve
the Group's used car business. Our used car trading performance throughout the
period has been very promising with volumes up by almost a quarter on the prior
year at improved unit margins. In addition, receipts of new cars from
manufacturers have been accelerated ahead of expectation with a resulting
higher than anticipated percentage of our available 2013 allocations being
delivered to customers in the first six months of the year. This was further
complemented by a particularly good close to the six-month period from our
Rolls-Royce and Bentley franchises.

In addition to the strong underlying trading result, the Group will also
recognise a non-recurring credit in its results for the first half amounting to
approximately GBP0.3 million, representing a curtailment gain arising from the
closure of its defined-benefit pension scheme to future accrual.

As a result of the particularly strong performance during the first half of the
year and the outlook for the remainder of the year, the Group now expects the
results for the year ended 31 December 2013 to be ahead of management's
expectations.

The Company expects to announce its interim results for the six months ended 30
June 2013 on 29 August 2013.

[adamb1978] 15/7/2013 22:39

Cheap as chips. Bought in in Spring 2012....got a good 50% more to go if you ask me and if gross margins start to tick up that'll only be the start!

[someuwin] 15/7/2013 15:44

Good to see it moving up again.

More to come imo.

[cockneyrebel] 15/7/2013 15:10

Large buys

CR

[cockneyrebel] 15/7/2013 13:54

Breaking out to new highs today 27/27.5

CR