Share Name Share Symbol Market Type Share ISIN Share Description
Vertu Motors LSE:VTU London Ordinary Share GB00B1GK4645 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.25p +0.55% 45.75p 45.25p 45.50p 45.50p 45.00p 45.25p 750,846 16:35:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 2,822.6 29.8 6.1 7.5 180.29

Vertu Motors Share Discussion Threads

Showing 1401 to 1425 of 1425 messages
Chat Pages: 57  56  55  54  53  52  51  50  49  48  47  46  Older
DateSubjectAuthorDiscuss
06/11/2017
09:15
SMMT figures out today for October UK New car Registrations. Down 12% compared to October 2016, citing low consumer confidence & lack of clarity in government policy on diesels as significant factors.
mortimer7
24/10/2017
09:24
Would tend to agree with Ed, net cash gives some support should trading conditions get tougher- which looks more likely than not. The sector is highly cyclical as we are aware. The rudimentary rule on cyclicals is usually to buy on higher multiples (large earnings declines) and sell on low multiples (sharp earnings recoveries). Big generalisation in the above admittedly.
essentialinvestor
24/10/2017
07:58
MRF. "The simple fact that they have gone on one enormous buying binge right at the very peak of the cycle." Vertu has been raising cash at intervals since its admission to AIM in 2007. See below. Placing in March 2016 raised £35 million at 62.5p per share. Placing in May 2013 raised £50 million at 38p per share. Placing in June 2009 raised £30 million at 30p per share. Placing in March 2007 raised £26 million at 75p per share. It used most of these funds to buy businesses, some of which at times of distress in the industry. Peak cycle buying? Relatively little. At 31 August this year Vertu had £20 million net cash. They have shied away from risk of spending up all their cash, as this is a cyclical sector. Others in the sector have less strong balance sheets. What I don't like is Vertu spending shareholder funds on share buybacks. That money could be useful in the not too distant. Also, there is the sector-wide risk of what Brexit might bring, on top of the current slowdown. I've held Vertu in the past but have been out for some time. Watching.
ed 123
23/10/2017
21:55
The simple fact that they have gone on one enormous buying binge right at the very peak of the cycle.As the music slows down inevitably the piper will have to be paid.It possible shareholders will support them and pay the piper though. If they do that means eyewatering dilution.
my retirement fund
23/10/2017
20:25
Agree that share buybacks obviously help those who want to, to exit. However, talk of possible insolvency further out??? What combination of events do you think might precipitate insolvency here?
ed 123
23/10/2017
16:16
I bet a few people were feeling the gods were smiling on them today by allowing them to exit without being totally mauled.I suppose the question is for Vertu is that without sharholderers support how long can it weather the storm before insolvency comes a knocking?
my retirement fund
20/10/2017
15:57
Just bought in. Thoughts on this share? I remember reading a while back there's a bit in the pipeline over this next year.
britstox
16/10/2017
16:37
Daimler recalls 400,000 Mercs going back to 2011 models!! Minor adjustment to airbag settings. No one injured since "faulty" product first installed 6 years ago. A good ruse to get punters back to the showroom and whilst they wait one hour for the fix a quick test drive in the latest model that will only set you back x hundred quid a month on the strap. Or am I being a cynic?
eggbaconandbubble
11/10/2017
12:50
Ferries5, I agree very interesting points made on Connected and Electric Vehicles along with their unique online offering. Also fascinating references to competitors pre-registration tactics and the treatment of vehicle funding. Clearly waiting (15 months with no acq) for a bit more distress before picking up further dealers.
cockerhoop
11/10/2017
10:54
All the eloquence of a used car salesman!
eggbaconandbubble
11/10/2017
09:33
A very polished and professional presentation, money in the bank and a pension surplus, plus a management team thinking, well ahead.
ferries5
11/10/2017
09:25
This mornings commentary on the interim results by CEO... hXXps://www.brrmedia.co.uk/broadcasts/59dcfe9fcb88740a8d8ff40d/vertu-motors-interim-results
mortimer7
11/10/2017
08:20
Looks undervalued on fundamentals - Low PE, good dividend, cash in bank.
welsheagle
11/10/2017
07:43
Decent set of interim results out this morning. Any other sector & I think these shares would be valued far more highly. And as is the current norm on mid cap co. results days, the share price down this morning.
mortimer7
07/10/2017
15:00
back to share value...this looks good apart from margins.. why is it only trading at x7 mkt cap? also is 1% a healthy enough margin or does this explain x7. cheers
boofay
05/10/2017
11:21
Below the belt? I was trying to be helpful. It's clear your accountancy skills aren't up to much so I was pointing you in the right direction to gain a little knowledge. Can't help some people!
cockerhoop
05/10/2017
11:12
The supplier has to be paid before the bank, the bank don't own those nice shiny new cars you see on their forecourts.Your comment was unnecessary and below the belt. You ought to be ashamed and have certainly shown what a that you are.
my retirement fund
05/10/2017
11:05
MRF, You stated they had poor cash flow, they haven't. You're asking about banking facilities when they've net cash. You're suggesting they book revenue from service plans up front - they don't. Accounts for Dummies sounds a great gift for you :-)
cockerhoop
05/10/2017
10:59
Just wait till all those East European builders in the home counties feel the need to flash their apparent wealth and success by getting a flash car on the never never. It's only a matter of time before they catch the English habit!
eggbaconandbubble
05/10/2017
10:55
That's pretty simple though for a franchised dealer, after paying the manufacturers inventory flooring it's up to the dealer to manage short term cash flow from sales. Do you know much about the franchise motor trade then?
my retirement fund
05/10/2017
09:49
Operational cash flow has been running ahead of profits for the last 4 years. MRF, you really need to pop a book on understanding accounts on your Christmas list!
cockerhoop
05/10/2017
09:38
I almost put a short on but decided i dont have spare risk capital gonna probably be kicking myself.Anyone know when their banking facilities need renewing?
my retirement fund
05/10/2017
09:07
They won't have forward booked profit. As far as I'm aware the revenue from the increasing number of customers who take out service plans for their vehicles is booked as the vehicles are serviced. Agree that cash flow could be improved, but very difficult in the motor sector with high cash values required for working capital & low profit margins, plus the seasonal spikes in cash requirements. Should be interesting to read their interims reported next week.
mortimer7
05/10/2017
08:42
Indeed but aint VTU forward booked all that profit?Is this not the reason they are showing excellent earnings but poor cash flow?I ×as thinking future bookings.
my retirement fund
05/10/2017
08:39
Exactly the point - aftersales is linked to new car sales and also on a time delayed basis. Those vehicles registered in 2015 or 2016 when the new car market was achieving all time highs are all due for servicing.
mortimer7
Chat Pages: 57  56  55  54  53  52  51  50  49  48  47  46  Older
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