Share Name Share Symbol Market Type Share ISIN Share Description
S & U Plc LSE:SUS London Ordinary Share GB0007655037 ORD 12 1/2P
  Price Change % Change Share Price Shares Traded Last Trade
  -20.00 -0.71% 2,780.00 3,860 16:35:01
Bid Price Offer Price High Price Low Price Open Price
2,720.00 2,760.00 2,800.00 2,720.00 2,800.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonequity Investment Instruments 83.76 18.13 120.70 23.0 338
Last Trade Time Trade Type Trade Size Trade Price Currency
17:47:50 O 396 2,766.57 GBX

S & U (SUS) Latest News

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S & U (SUS) Discussions and Chat

S & U (SUS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-09-17 16:48:382,766.5739610,955.62O
2021-09-17 15:38:072,780.0089024,742.00AT
2021-09-17 15:35:012,780.001,16632,414.80UT
2021-09-17 15:29:532,720.00852,312.00AT
2021-09-17 15:29:452,750.00382.50AT
View all S & U trades in real-time

S & U (SUS) Top Chat Posts

S & U Daily Update: S & U Plc is listed in the Nonequity Investment Instruments sector of the London Stock Exchange with ticker SUS. The last closing price for S & U was 2,800p.
S & U Plc has a 4 week average price of 2,660p and a 12 week average price of 2,530p.
The 1 year high share price is 2,950p while the 1 year low share price is currently 1,595p.
There are currently 12,145,260 shares in issue and the average daily traded volume is 1,839 shares. The market capitalisation of S & U Plc is £337,638,228.
pugugly: What a pleasure as usual to read the trading update Ahead on all metrics and profits ahead of expectation "ahead of expectations in terms of profitability, collections and book debt quality" https://www.investegate.co.uk/s---38--u-plc--sus-/rns/trading-update-and-notice-of-results/202108100700020641I/
jeffian: I keep reading that the secondhand car market is on fire at the moment, with the value of used cars actually rising as a result of demand. I wonder if this will be reflected in SUS figures? Their TU on 20 May said that Advantage was already "ahead of expectations", so the prospects look good.
haywards26: I am sure I will be back in here in the future. Just feel there will be headwinds faced by SUS whilst the Covid-19 crisis is still causing society restrictions, leading to job losses and economic damage etc
haywards26: I did likewise topvest. I will no doubt return to SUS once we are outside of the Covid pandemic, as it is a great business and fantastically managed. I just see better short term opportunities elsewhere currently.
jeffian: For the avoidance of doubt (#1616) I meant "out of" the commercial property business, not SUS! I remain a shareholder here.
essentialinvestor: Share price may be targeting the March low circa £14.20. If that goes then around £12 may be another interesting level imv.
tudes100: It's all about bad debt provision. I like SUS, I'm an ex holder, but it's difficult to see how bad debt is not going to rise significantly over the next 12 mths
gabsterx: Don't understand the sell-off, given the situation you'd think people would be shunning new cars in favor of second hand. This was evident by the record number of applications received. hxxps://www.express.co.uk/life-style/cars/1323685/used-car-sales-record-demand-second-hand-vehicles-price-rise
deadly: XD today for 50p, yet price rises 20p.
breezer_42: Copied from the note: Guidance re-iterated S&U this morning released a trading update in which they re-iterated guidance in the face of weaker consumer sentiment and economic activity. Full year results mainly depend on collections in the next two months, but management is confident that the 20-year uninterrupted run of growth in profits at Advantage Motor Finance will continue. Advantage (Motor) Finance Advantage Finance provides Hire Purchase Agreements to fund used cars at an average price point of c.£6,000 up to a maximum term of 60 months. It has grown its profit every year since inception in 1999. Perhaps surprisingly given the headlines about the new car market, the used car finance market has proven robust with volumes up 2% YoY according to the Finance & Leasing Association. Impressively Advantage’s volumes advanced have risen 11% YTD, but it’s worth noting that this has come at the cost of increased sales incentives to brokers. The increase reflects a strategic choice to increase the number of internet leads and increase lead quality but will have cost Advantage some gross margin. Customer numbers have hit a record 63,500 (31st July 62,000) and net receivables now exceed £280m (31st July £274m), slightly ahead of our forecast of £278m for the full year. Full year results mainly depend on collections in the next two months. At the same time Advantage has slightly increased book quality, with monthly collections up 7% on receivables up 5% and risk adjusted yield up 30bps to 25.2% of average monthly receivables. Risk adjusted yield is calculated as (revenue – impairments)/average net receivables. This metric examines the quality of the loan book by showing ‘clean’ revenue as a percent of loans outstanding. Aspen (Property) Bridging Aspen provides 1st charge unregulated bridging loans on residential, commercial, and semi-commercial property across the UK yielding on average just over 1% per month for 6-18 month terms. The nascent property bridging business continues to grow, but has not performed quite so well in some respects. The company noted that ”some borrower exits are still slower than anticipated” due to market conditions. We believe this is a reflection of the fall in housing transaction volumes rather than any risks associated with individual borrowers. However, depending on repayments/new loans issued in the final quarter, the loan book, currently at £28m, looks like it may end up slightly ahead of our £28.8m expectation for the full year. Group Utilisation of the £160m of debt facilities (£132m) leaves significant headroom for growth. We don’t think it is necessary to amend our forecasts on the back of this broadly positive trading update, but we note the increased acquisition costs will likely start to reduce gross margin slightly. We will revisit the numbers as part of a full review after the full year results have been released early in 2020. Disclaimer: This document is a marketing communication which is designed to educate and inform professional investors about the subject Group. The subject Group pays Capital Access Group a fixed annual fee to cover the costs of research production and distribution, and the research has not been prepared in accordance with regulatory requirements designed to promote the independence of investment research. Capital Access Group does not make recommendations. Any comments in this report regarding the valuation of a financial security are based on comparisons with similar securities; they are not forecasts of a likely share price. This document is not an offer to buy or sell, or a solicitation of an offer to buy or sell, the securities mentioned. Capital Access Group does not buy or sell shares, nor does it conduct corporate finance transactions, nor does it undertake investment business either in the UK or elsewhere. Capital Access Group is not regulated by the Financial Conduct Authority (FCA). Neither Capital Access Group nor the analyst responsible for this research owns shares or other securities issued by the Group analysed in this research note, nor do they have a position in any derivative contract based on those securities. This research is provided for the use of the professional investment community, market counterparties and sophisticated and high net worth investors as defined in the rules of the regulatory bodies. It is not intended for retail investors. Any such individual who comes into possession of this research should consult an authorised professional adviser. The information contained in this document has been compiled from sources believed to be reliable, but no guarantee whatsoever is given that the information is complete or accurate, or that it is fit for a particular purpose. This document was issued by Capital Access Group without legal responsibility, and is subject to change or withdrawal without notice. By reading this document, you confirm that you have read and understand the above, and that you shall not hold Capital Access Group or any of its members and connected companies liable for any loss that you may sustain should you decide to buy or sell any of the mentioned securities."
S & U share price data is direct from the London Stock Exchange
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