Pendragon Share Discussion Threads

[descff] 08/8/2007 11:43

Strange that there's not been a single post on this list during all the excitement.

"CAR dealership group Pendragon is hunting for more acquisitions with the hope of overcoming tough market conditions.

The group, which operates under the Evans Halshaw and Stratstone brands, has been hit by a slowdown in consumer demand following recent interest rate hikes and saw pre-tax profits slip from £51.5m to £33.5m in the six months to June 30.

But shares jumped 10 per cent as chief executive Trevor Finn said he was seeking acquisition opportunities as difficult trading conditions forced small players out of the market."

[romanrory] 02/8/2007 10:26

what do you know beagrie

[beagrie] 01/8/2007 23:49

how would the share react to a largeish aquisition tomorrow any thoughts?

[ba5hir is back] 27/7/2007 11:25

Dixons in administration more bad news for this co

[nimrah] 12/7/2007 15:39

good day to short today looking dire

[mdin79] 10/7/2007 17:32

thoroughly agree - onetomany - this is being fed to the dogs presently. Desperate disposal of german unit is of little consolation. SELL !

[sruk77] 10/7/2007 13:19

Any ideas on whether it is a good buying opportunity today at 78p

[sruk77] 08/7/2007 21:10

This could do wonders for the share price in the near-future:

[gsands] 27/6/2007 12:57

After a day like the other day no one should be long on this stock.

[mdin79] 26/6/2007 23:22

The header should read :

30% decrease in 1 month - more to come

[handycam] 26/6/2007 00:17

Must you gamble for a penny? That's not good investing, sir.

[eithin] 25/6/2007 15:36

Thankyou PDG. Out at 81.77p/ Pay for a pint tonite.....

[utsushi] 25/6/2007 13:28

tommy25, already down 30%, so i suspect further (modest) falls, cyclical turnaround might not be soon..

[eithin] 25/6/2007 12:16

In at 80.48p ( for richer or poorer)....
Pendragon
June 25th, 2007 | Market whispers | No comments.

KBC Peel Hunt cuts to neutral from sell on the car dealer, which today warned on profits.

[tommy25] 25/6/2007 11:41

shorters are in this now, will fall maybe 50-60p

[handycam] 25/6/2007 08:30

Well, what a surprise. Finn undone by debt.

[mdin79] 22/6/2007 10:36

The fact that this has dropped below £1 is quite worrying. It's fallen almost 30% over the past 3 months. What's the chances we'll see +£1 again soon ? Or is it likely to remain dormant at these levels for the short term ? tia