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PINE Pinewood Technologies Group Plc

481.00
0.00 (0.00%)
Share Name Share Symbol Market Stock Type
Pinewood Technologies Group Plc PINE London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 481.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
481.00
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Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Pinewood Technologies PINE Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
02/10/2023SpecialGBP0.24523/04/202422/04/202407/05/2024

Top Dividend Posts

Top Posts
Posted at 06/6/2025 08:14 by zho
PINE to acquire Lithia's 51% of their US JV for $76.5m, to be satisfied by issuing new shares.

Lithia to sign 5 year contract with PINE – expected to generate $40m in ARR, increasing to $60m on completion of further US-specific apps.
Posted at 02/4/2025 09:51 by zho
Paul Scott has made yesterday's report (which includes a section on PINE) free to view:
Posted at 01/4/2025 10:00 by zho
We were told that UK competitors of PDG were reluctant to use PDG/PINE software, presenting a big opportunity when PINE split from PDG, so it puzzled me that there was no mention of possible resistance to the Lithia/PINE JV selling to Lithia's competitors in the US.

In today's presentation I think there was some discussion about the possibility of PINE buying out Lithia's stake in their JV but my internet connection cut out at the vital moment. Something to watch out for in the recording, at c. 15 minutes in.

Edit: Yes - this is from the slides accompanying today's presentation:

"Progressing negotiations with Lithia for Pinewood to potentially assume majority control of JV to increase its total addressable market"
Posted at 21/2/2025 17:52 by jaknife
elysiumgold,

"How can this offer be legal? Less than two hours to see the offer, read it, decide and act. Now the holding is diluted and retail investors weren’t given a fair chance to respond."

Because at the last AGM shareholders voted to

(a) permit the company to issue new shares, subject to a maximum, and

(b) disapply pre-emption rights, hence meaning that a placing (rather than a rights issue) could be done

see:

JakNife
Posted at 20/2/2025 16:59 by mighunter
Proposed acquisition of remaining shares in Seez. Seez co-founder to subscribe for £477k of placing, PINE NED to subscribe for £20k.
Posted at 12/2/2025 11:29 by zho
Citigroup Global Markets Limited at 5.8%. Threshold crossed in May 2024 but PINE only notified today.
Posted at 15/1/2025 11:25 by zho
Christopher Harwood comments on PINE from 22.25



Also .... I hadn't realised that there was a recording of the October Capital Markets Day:
Posted at 24/10/2024 15:57 by zho
The Oak Bloke's analysis is at

(Note that TOB is using the old year end of the 31st January, but PINE have now changed this to the 31st December)
Posted at 19/8/2024 09:23 by carla2507
I am certainly not in a position to recommend anything as a buy or sell and you will note form my comments I have a positive bias towards PINE, so take my comments/views with a pinch of salt.

The main obstacle to acquiring new customers for DMS providers is persuading dealer groups to ditch their existing DMS and disrupt their business while they move to a new system. That major hurdle goes away if the parent company owns a substantial stake in the DMS provider you are switching to.

The question is, if the uplift in revenue from the Lithe network becoming customers of the Pinewood DMS is in the current price? I believe not. Also worth considering that any new customer is not a one off sales win, but recurring guaranteed revenue for years to come.

The risk is in how quickly Pinewood can understand the requirements for US dealers (significantly different to the UK) and then how quickly/well they develope and test a product that works for US dealers. Their track record in the UK & EU suggests this is well within their capabilities.

I don't expect to see a major uptick in price until mid to end of next year when Lithia dealers start to come on line with the new DMS product, unless of course Pinewood announce more deals with Manufacturers such as the Porsche deal.
Posted at 15/8/2024 18:46 by zho
What an interesting company. A few questions:

i) We're told that UK dealers who were competitors of PDG were reluctant to use PDG/PINE software, presenting an opportunity for PINE now that it's independent of PDG, but we're also told that the Lithia/PINE JV expects to be able to sell DMS to Lithia's competitors, both in the US and here. Isn't it reasonable to expect similar resistance to signing up for a competitor's product?

ii) Lithia has 299 'locations' in the US but 17.5K 'users' of DMS, so presumably c. 60 users per location. Could someone explain what's going on here.

iii) Given that Lithia seem so keen on PINE (having increased their holding to 25.5%) does anyone know why Lithia didn't bid for the whole of PDG, and not just the motor and leasing businesses?

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