Pinewood Technologies Share Discussion Threads

[eagle eye] 23/7/2024 07:30

CAPITAL MARKETS EVENT

Pinewood Technologies Group, a leading pure-play SaaS business providing innovative retail solutions to the automotive industry, announces it will hold a Capital Markets Event for investors and analysts at 9.30am on Thursday, 24 October 2024. It will be held at 200 Aldersgate, London, EC1A 4HD.

The event will feature presentations from Bill Berman (CEO), Ollie Mann (CFO) and other senior leaders from across the business, which will set out more detail on the Company's strategy, addressable markets and key growth drivers.

To register your interest in attending the event, please contact Headland Consultancy:

[e-mail]

[theapiarist] 24/6/2024 09:12

Thanks for those articles, Rose.

Looks like CDK Global will have 15,000 very disgruntled customers potentially looking for an alternative software provider.

Interestingly, CDK Global were bought for $6.4 billion in 2022, meanwhile PINE's cap is a mere £325 million. Just a fraction of CDK's customers jumping ship would turbocharge the PINE share price

[rose_by_another_name] 23/6/2024 11:31

"Hackers that crippled car dealerships demand tens of
millions in ransom"

"The group responsible for hacking the system of CDK
Global has demanded tens of millions of dollars in
ransom as the June 19 attack on the company’s systems
continues."

"CDK Global is planning to make the payment, according
to Bloomberg."

[johndoe23] 22/6/2024 07:39

Thanks, explains drop

[rose_by_another_name] 21/6/2024 23:51

"Car dealerships forced to process orders by hand after
cyberattacks shut down computer system"

"Car dealers in the US and Canada were having difficulty
fulfilling orders due to the disruption in the software
that is used to manage their business and workflow."

"CDK Global, the IT firm based in the Chicago area whose
software was hacked, said it could be a few more days
until it can get its systems back up and running."

"The 15,000-plus dealerships that rely on CDK systems
to process transactions, access customer records, handle
repairs and schedule appointments were left to fend for
themselves."

[c_k] 19/6/2024 08:35

Interesting article - Pinewood payday for CEO. Not bad for running a smaller company after selling the car dealerships. It will be interesting if the institutions have picked this up and whether they will back it. https://cardealermagazine.co.uk/publish/shareholders-to-vote-on-another-bumper-pay-deal-for-former-pendragon-boss-bill-berman/303469

[theapiarist] 17/6/2024 09:31

Further institutional buying from across the pond.

Newtyn Management scoop up 8.87% and Morgan Stanley increase their holding.

[theapiarist] 11/6/2024 11:30

Lithia add a further 758,000 shares (£3 million).

[theapiarist] 08/6/2024 11:49

Till what?

[dudishes] 07/6/2024 15:10

only 300 to go?

[johndoe23] 06/6/2024 09:19

The ascent continues

[dudishes] 05/6/2024 17:24

Lithia upping stake, interesting.

[theapiarist] 04/6/2024 12:40

Thanks for that, Carla.

I hadn't appreciated that there was such a difference between our two markets.

I certainly agree with you that the US could be a game changer, particularly with the Lithia "captive dealerships" and the higher ratings that US tech stocks enjoy compared to UK.

This small-fry is happy to hold for 2025 and beyond.

[carla2507] 04/6/2024 10:42

Hi Aplarist - there is no US product at the moment, Uk & US dealers work in very different ways, so the plan is to develop a US DMS product over 2024 and then look to start implementing in 2025 in the Lithia dealer network, that should open up other opportunities in the US once they have proved the new product. As Lithia have a significant holding in the JV they will naturally push all their dealers into the product which is essentially guaranteed value upside for the Pinewood share price. It looks like institutional investors are now starting to wake up the the potential upside, which is good news for us small-fry!

[theapiarist] 04/6/2024 08:00

Lithia have a front seat view of how the product is being received by the US motor trade.

The fact that they are increasing their holding is a nice vote of confidence.

[johndoe23] 04/6/2024 07:15

Lithia increased

[dudishes] 01/6/2024 08:44

Thanks Waldron.

I think an intelligent change, plus Lithia and America?

Maiden profit £10M, rather rare.

Appreciate only 3 brokers cover, but super green, that's rare also.

In at 346.

Appreciate, as you say, difficult to determine the future, but the tech looks sound to

me and I'm encouraged by the innovation.

We shall see.

[johndoe23] 31/5/2024 12:26

Something happening here

[waldron] 31/5/2024 06:55

difficult to hazard a guess where this be going

[waldron] 31/5/2024 06:54

Morgan Stanley Reduces Stake in Pinewood Technologies
TipRanks UK Newsdesk
kMay 30, 2024, 02:54 PM

Pendragon (GB:PINE) has released an update.

Morgan Stanley has adjusted its stake in Pinewood Technologies Group PLC, with a decrease in voting rights from 7.28% to 6.94% as of May 28, 2024. This change in shareholding crossed the notification threshold, prompting the announcement on May 30, 2024. The financial institution now holds a total of 6,041,787 voting rights in the UK-based tech firm.

[c_k] 29/5/2024 09:41

I'm surprised Lithia have added another 1%. Their certainly has been steady buying from the insti's

[johndoe23] 29/5/2024 09:18

Morr insti accumulation