PDG

Pendragon Plc

17.00
0.04 (0.24%)
Share Name Share Symbol Market Type Share ISIN Share Description
Pendragon Plc LSE:PDG London Ordinary Share GB00B1JQBT10 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.04 0.24% 17.00 1,322,228 16:35:27
Bid Price Offer Price High Price Low Price Open Price
16.82 17.00 17.00 16.80 16.80
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Auto Dealers, Gas Stations 3,620.00 45.50 3.30 5.65 237.48
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:27 UT 4,857 17.00 GBX

Pendragon (PDG) Latest News

Pendragon (PDG) Discussions and Chat

Pendragon Forums and Chat

Date Time Title Posts
05/6/202309:33Pendragon - Recovery Play3,349
26/11/201917:18future1
29/7/201804:05Pendragon (PDG) One to Watch on Monday -
18/3/201612:15Hey Topinfo,Moz8, Hectorp and you lot ...Wakey, Wakey2
16/2/201207:29*** Pendragon ***13

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Pendragon (PDG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-06-07 15:35:2717.004,857825.69UT
2023-06-07 15:20:1516.9836561.98AT
2023-06-07 15:17:0216.881,580266.70AT
2023-06-07 15:09:5216.88284.73O
2023-06-07 15:08:4716.9514,5002,458.03O

Pendragon (PDG) Top Chat Posts

Top Posts
Posted at 14/1/2023 15:40 by clive7878
There are definitely pros and cons with Pendragon.

The cons - as one post did say - why go into a company which is not paying a dividend but appears to be paying the directors very well. Then there is the much higher interest rate, that could curtail sales. Whether one should be in Pendragon and not Lookers or Vertu is very questionable, The Court case is another negative.

The pros are - I do believe - against a lot of other people - that Sunak is the right man to steer the ship for the Country financially, and that by the end of this end things will have improved. Interest rates down by 1/2?, petrol is already nearly back to what it was, maybe even gas and electric is on the turn. As he said and the Scottish Minister that pay awards need to be affordable, as they have not got an open cheque book.
There has been one bid or two bids at 29p and with the fall out of share price - this has to be much better value at 20.6p than at 27p. Has the share price fall been overdone? Both Allen Ford and Lookers have reported business as still good, with the new car shortage and problem still with chips. I believe that the gloom and doom may be overdone.

Posted at 04/1/2023 12:41 by clive7878
Rollacoster share price - yesterday 19.10 - today 18.20.
but same buys / sells volume - never understand MM pricing
which seems illogically most of the time.
same buy / sells - share price down nearly 1p

Strange - we had buys of 400k and 3 lots of 270k yet the share price fell

This is the fourth time we have had big buys since the share price collapse.
and the share price has not recovered one bit.

Posted at 13/12/2022 08:22 by clive7878
lovewins - I am the same as you at present - question is which way in the short term are vtu and pdg going. Currently at 8.15 vtu are 51.45 and pdg 19.35
There does not appear to be any new brokers forecasts out for either
last was vtu for 2023 at £38.5m which would make a pe of around 5,
but with the extra profit from Heston it could well be lower,
pdg share price is obviously a lot better value at 19.35 than 27/28p but pe ?

2023 year will be a tough year especially with those having to re-mortgage
and with energy bills still rising, but petrol is now back down to 152p from the dizzy heights of 191p

Posted at 01/10/2022 16:24 by clive7878
danes - I agree 29p could be the top wack offer around this time with the market as it is - and the prospects in the next yeAr - thats why I sold oot - apart for it could take months to get the payout of 29p.

VTU has interim results shortly which I believe may - as PDG - not be too far short on last year. The fundamentals are much better than PDG as well and their share price has come down from 75 to 42 of late, with a yield of 4%. VTU are now cheap, much of the downside is now factored in the share price

The only stock I am into at present is DEC with a yield of 10%.
I am watching VTU, Tesoc's was 300 now 205 yield 5%, Sainsburys was 300 now 172 yield 7%, Vodafone was 140 now 106 yield 8% - Have these stocks reached the bottom having a real decent yield is the $64 question, and is now the time to invest ??? My timing has not been the best in the last year though, I could have made double or treble what I made on PDG - I;d be interested on comments what thoughts are here. The problem is they all will have higher energy costs, but more so how much higher interest have they to pay on their current debt.

Posted at 28/9/2022 21:47 by clive7878
lwhl - I too have sold out, as this could still take months to go through,
could be best to take what is on offer now, as so many times I have watched the share price drift back, putting me in a loss situation. I have made money, but far from what I would have made if my crytstal balls were working better. There was a sell at the close today of 1m shares.

I am currently watching VTU AND SBRY.
The current market will obviously have an effect on companies going forward.
Some have lost a large percentage of their share price over the last 6-12 months.
Sainsburys are now yielding 7% if they keep paying it.

In todays market one has to be careful that the dividend payable is not wiped out more than the percentage share price drop - the investor being at a loss.

Posted at 21/9/2022 13:53 by clive7878
I to agree, microscope - Presumably this latest results makes the balance sheet and fundamentals a little stronger. Very comprehensive set of results.
One point though if financing costs rose from £1.8m to £18m and interest rose from £4.4m to £5.1m when the Bank of England raises interest rates tomorrow from 1.5% to 2.2.5% tomorrow this will increase the interest payable further on the next 6 months.
Apparently in the UK 804K new cars were sold against 3.4m second hand cars.
No sign of a dividend? I do not mind if the profit is re-invested and this results in a rising share price.
Lets see what the Investor Chronicle says on Friday - possibly down as a buy with caution.

We may find that the share price stays in a bit of a rut for the time being, but will be solid at around current price.
But then look at Tesco's share price 228.6p down from the dizzy heights of £3.00
and Vodafone 107p down from 140p

Posted at 10/9/2022 11:41 by clive7878
The odds on the B of E rising rates by 0.75 have been reduced, although it still may happen, otherwise it will be 0.5%.

I do like VTU as the fundamentals appears greater.
The price of PDG is being held up by the prospect of a bid going through,
which is dangerous because if sales do fall due to inflation. We can see at present PDG share price is flat. I have seen though cars I have been monitoring hanging around longer with dealer of late.

When is there more news due on a trading update, as this could decide the way the share price is to go ?

I don't see why the government do allow big stores to open all day on a Sunday,
this is a historic law and out dated law now.

Posted at 16/6/2022 20:54 by clive7878
One post said that pdg could be debt free at the end of this trading year - true or false. There's been no real bad news just a 25% reduction in share price of late.
Vtu does appear to be more solid tho. With divi & more reasonable directors pay. Although their share price has come off a high of late.
I am surprised that there are not more posts here with a more radical fall with PDG..
Its now a waiting game to see whether tfe share price worsens or recovers.

Posted at 06/5/2022 18:41 by clive7878
On TV they said that the second hand car market in the last 12 months prices have increased by 30%, and the Ford Focus had increased by a massive 50%. No matter about inflation people will still need cars to get around, and not everyone is affected by high inflation. PDG share price is bobbing around a bit and is off the top, will we hear any further news about the prospective bid by Hedin?
I believe with the disruption with the new car market that the 2nd and 3rd quarter figures will still be good and PDG is cerainly fair value, VTU though has taken a bit of a recent knock.

Posted at 12/2/2022 09:59 by clive7878
lse says yesterday - 369k bought and 1.285 sold - is that right - job to judge as there were 2 blocks of 412.5k so say sold.

It is only a matter of time before the trading gets more seriously from the latest very thin trading. Question is - when will the share price break out of the 21.3 to 23.8 price band and which way.

On fundamentals things look good and the share should be re-rated, although how is car trading doing at the present and what is the prospects for the next 12 months - surely there will be an announcement in the second half of March - which in turn will have quite an effect on the share price. Is the share price apparently low because PDG has not been tipped as yet as a buy or what. A good trading update and profit forecast for next year is needed to raise the share price. It is not this years eps that counts so much as a forecast for next year.

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