Vertu Motors Share Discussion Threads

[tricky red] 07/6/2025 10:28:37

Would love to hear more on strategy. Robert Forrester runs a good company but I'd like to understand more of what is planned for the future.

[microscope] 05/6/2025 22:24:07

Motorpoint shares have been racing away last week or two. Wonder if they might have a suitor.

[mortimer7] 05/6/2025 10:27:59

SMMT have issued May new car regn figures today. 150,070, a small uplift on last years figure of 147,678.
Fleet sector regns drove the growth, but Private regns were down again on last year.

[pete160] 01/6/2025 13:07:40

Perhaps a bidder is waiting for a bit more legal clarity on the car finance mis-selling claims issues and potential liabilities before proceeding?

Perhaps they're waiting for the full extent of Labour's taxing /borrowing /inflation plans and just how bad that is going to be on the UK economy before making any investment?

[buffalobillnuts] 01/6/2025 07:18:13

homshawpmoss, you are right on all points.
All of the other major players have been bought out, confusingly, vertu haven't, yet appears to be the best valued business.
I have to ask the question why? CEO more interested in lining his own pockets maybe? Make it look like business in the UK is not good value and full of problems and government policies? I don't know, but, theres always a reason.

[homshawpmoss] 31/5/2025 11:55:17

You would think it's a prime takeover target but people have been saying that for years. With assets bigger than the capitalisation there isn't much downside The motor industry is in a state of utter confusion at the moment but people have to travel.

[wad collector] 30/5/2025 08:32:01

The UK car manufacturing figures were dire for April , lowest in 70 yrs bar covid. However the UK sales figures of new and used cars are telling a different story, according to Autotraders's CEO yesterday. Guess that is helping take share price here to a new 6 month high. Guess the EV quota mess is going to hang over the sector for a while.

[buffalobillnuts] 19/5/2025 16:57:35

daneswooddynamo, Maybe right.
Can anyone put some light on the drop today.

[daneswooddynamo] 19/5/2025 07:33:15

Remain of the view that it will be taken out. Autonation still a favourite imo

[pj84] 15/5/2025 21:39:52

Thanks for the reminder as I wasn't able to watch it earlier and a very reassuring presentation as usual and it continues to be a very strong hold for me.

[effortless cool] 15/5/2025 16:27:54

A very impressive investor presentation today. Worth viewing the recording if you could not follow live.

[mortimer7] 14/5/2025 11:20:39

The alignment with Chinese franchises such as BYD seems a sensible move.
All the economic issues, NI/cost increases/ZEVs, obviously affect the sector adversely. In time these will cause the demise of smaller retailers firstly, which will ensure larger well run players like Vertu will grow.

[c_k] 14/5/2025 08:51:33

On target to previously downgraded forecast. Positive and well managed. Growth is dependent on the car market lt's hard to tell where the market is going after the distortion in increased sales in March before the VED increases.

[effortless cool] 09/5/2025 09:28:04

Investor presentation next Thursday following results earlier in the week.

No use for Stevesham, obviously; he won't believe it's the real CEO presenting.

[mortimer7] 06/5/2025 16:18:53

Total number of new cars registered in the UK for the month of April was 120,331 a 10% reduction on April 2024 total of 134,274.

Impacted by tax increases & compensating for high March volumes.

BEV market share at 20.4% still significantly below Zero Emission Vehicle Mandate requirement.

[wad collector] 28/4/2025 22:43:22

He might even change your engine oil for you....

[woodwards26] 28/4/2025 21:54:25

Stevesham You make comments about your poor experience with Vertu on this board . Robert Forrester reaches out to you wanting to hear more which whilst he may not be able to solve your particular issue it may well help him improve the sales process in the future . Which surely is a good thing for shareholders.The e Mail address is genuine as PJ84 checked out so the worst that can happen you send an email to the real chief executive .I do believe you would get a reply and help him improve the business for those on here that are holding.

Please do e Mail him and let us know what happened .I'm 72 retired now after 40 years in the motor trade from salesman to regional Manager and I would give my personal contact to any customer throughout my career.

[rforrester12] 28/4/2025 18:16:50

As the CEO I clearly cannot comment on a lot of the content on here but following up on poor service is something I would like to hear about. Offer still open to consider.

[stevesham] 27/4/2025 06:39:10

PJ84, thank you, now that is what forums are for, respectful,polite and helpful, much apprecicated and thank you for taking the time out to assist.

[stevesham] 27/4/2025 06:37:29

Mr Effortless Cool, thank you for your positive and enlightening post, I admire your blind confidence it was Mr Forrester, and thank you for commenting on me being ridiculous, that is appreciated.

For the record, I was just mentioning my experience for others, do I care about the follow up, not really, I choose to just move on from things without being a keyboard warrior, you really can just complicate your life with trivia when there are more enjoyable and important things to be getting on with, particularly as life is so short.

[pj84] 27/4/2025 00:35:51

The above link is from this website

[pj84] 27/4/2025 00:33:59

I agree with the approach that if in doubt, don't.



However, it looks like it could be genuine.

[effortless cool] 26/4/2025 07:19:11

Bad choice, Stevesham; of course it's Forrester.

Ridiculous of you to complain about service on a public forum and then not even send an email when the CEO takes the trouble to make himself available to resolve your problems.

[stevesham] 26/4/2025 06:52:35

I decided not to participate and have not sent an email as I don't believe it, if Mr Forrester was that interested he could have contacted me directly, it just all seems too doubtful and if in doubt, don't, I am not going down that rabbit hole, interesting comments though