Vertu Motors Share Chat (VTU)

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
	+1.25p	+2.84%	45.25p	45.00p	45.75p	45.75p	43.75p	44.75p	3,062,870	16:35:10

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
General Retailers	2,822.6	29.8	6.1	7.4	179.76

Vertu Motors Share Discussion Threads

Showing 1351 to 1374 of 1375 messages

Chat Pages: 55 54 53 52 51 50 49 48 47 46 45 44 Older

Date	Subject	Author	Discuss
18/8/2017 20:54	Just a couple of minor queries on your projections. First, your projections revolve solely around new car sales and do not make any projections on volumes in the second hand market. OK, volumes there could also dive or they could hold up better as consumers downgrade their expectations. There isn't any concrete evidence on this one way or the other at the moment. Second, you also seem to have ignored totally the after sales income which is generated by Vertu through their service packages and ordinary maintenance demand. This aspect of their business has been growing strongly over the past couple of year and is, IMO, likely to be even more pronounced should there be a downturn in sales in both new and used cars.	grahamburn	Read Full Thread Reply
18/8/2017 12:06	Car dealership market To understand the car dealership market, you need to know what driving the sector. The last recession caused oversupply on the manufacturing side, so car subsidy schemes have helped stimulate demand. The biggest change to car financing is the PCP financing model, where owners no longer own cars but lease it for two to three years. They pay for the depreciation of the car rather than the full price. Afterwards, the owners could pay the remaining balance or sign another PCP financing for another car. This is called the PCP finance model. The problem is the shift from oversupply in manufacturing to over supplying the retail side. As long as demand keeps rising there are buyers to be found. Now, SMMT is forecasting the UK new car sales to fall for the first time in four years by 5% in 2017. In 2018, this will decline by 3%. Within two years, the demand for cars would have fallen by 10% in total. Forecast That will hit car dealers like Vertu and Lookers because they rely on volume and price. So, my analysis for Vertu Motors is it will trade around 35 pence in the next 12 months. For the breakdown of calculation and detail analysis on my share price prediction, click here: http://bit.ly/2v74wjY	walbrock82	Read Full Thread Reply
16/8/2017 11:03	On car dealerships, here are a few things to keep in mind: 1. Operating margins are razor-thin (typically 1%-2%), therefore a 1% drop can reduce profits by 50%. 2. This is one reason the car dealers buying all these franchises, which is to contain a sudden drop in earnings. 3. Keep an eye on inventory level because cars lose 15%-30% of their value in one year. For both Vertu and Lookers, their inventory period is around 80 days. 4. The good news is car dealership has huge property backing, so dispose of subsidiaries will raise a lot of cash, when borrowing tighten. 5. Both Lookers and Vertu, the more post-tax earnings produced, the more negative the free cash flow gets generated. Here is Lookers table: http://bit.ly/2vHCi0Y 6. However, positive free cash flow is possible if capex + acquisition is at 2 times depreciation, but not at the current 5 to 6 times level. For a more board assessment, click http://bit.ly/2x3Rrcs	walbrock82	Read Full Thread Reply
05/8/2017 11:38	Depends on your outlook. Given it is priced only just above NTAV and has a respectable yield and appears very well managed makes a good case for a long term buy. No guarantees though	zoolook	Read Full Thread Reply
04/8/2017 15:59	News now on BBC news - UK car sales fall 9.3% in July says motor trade body http://www.bbc.com/news/business-40823239 Ties is going to be tough for all in the business - Time to put on the back burner ??	pugugly	Read Full Thread Reply
04/8/2017 09:13	The SMMT figures for UK new car registrations for the month of July have been issued this morning. Registrations are down 9.3% year on year at 161,997, back to levels last seen in July 2013. Diesel regns were down 20.1%, Alt. Fuels vehicles up 64.9%, Petrol down 3%. So looks like Used vehicles & Aftersales focus is going to be key for Motor retailers for a while. Not such a big problem IMO, given the vehicle parc that has been built up over recent years & the fruits of the acquisitions made come to bear.. SMMT CEO Commented "While it’s encouraging to see record achievements for alternatively fuelled vehicles, consumers considering other fuel types will have undoubtedly been affected by the uncertainty surrounding the government’s clean air plans. It is important to remember that there are no plans to charge drivers using the latest Euro 6 models and no proposed bans for conventional petrol and diesel vehicles for some 23 years. The lower demand in recent months will inevitably mean competition from manufacturers will intensify and it will be a good opportunity for consumers to get a great deal on their next car, with many exciting new models launched in the coming months".	mortimer7	Read Full Thread Reply
04/8/2017 08:10	Why buy back less when they are a lower price ? Surely they should have bought as much as possible at these lows ? Or am I missing something.	tonybaloni	Read Full Thread Reply
01/8/2017 11:33	Love that idea... hTTps://www.motortrader.com/motor-trader-news/automotive-news/vertu-creates-motor-retail-degree-level-apprenticeship-01-08-2017?utm_source=Editorial&utm_medium=Twitter&utm_campaign=LatestNewsTitle	mortimer7	Read Full Thread Reply
31/7/2017 12:56	Well worth a listen when you have an hour spare. Implications on the future af motor traders, service units, and second hand car sales are very depressing - even if the man is only half right. https://www.youtube.com/watch?v=2b3ttqYDwF0&feature=youtu.be Any thoughts/comments appreciated. but DYOR as always	pugugly	Read Full Thread Reply
26/7/2017 19:33	See box 7. Sold down from 6.19% to less than 5%. That one seems quite straightforward	kazoom	Read Full Thread Reply
26/7/2017 19:17	Can someone please decipher what Blackrock have actually done! See RNS	eggbaconandbubble	Read Full Thread Reply
26/7/2017 16:50	Mmmm. 'ACCORDINGLY at this stage' We will see further down the line	gswredland	Read Full Thread Reply
26/7/2017 16:49	Mmmm. 'ACCORDINGLY at this stage' We will see further down the line	gswredland	Read Full Thread Reply
26/7/2017 09:45	And a share buyback. Continue to think this one is 50% undervalued	danieldruff2	Read Full Thread Reply
26/7/2017 09:07	"Though market conditions have softened, I am pleased to confirm that your Company remains well positioned both operationally and financially. Accordingly, at this stage, the Board expects the Group's trading performance for the year ending 28 February 2018 to be in line with market expectations"	mortimer7	Read Full Thread Reply
26/7/2017 07:25	Softening in market confirmed by AGM statement - https://www.investegate.co.uk/vertu-motors-plc--vtu-/rns/agm-statement/201707260700030773M/ Question unanswered as to how long this will continue - Reading between the lines company is belt tightening and preparing for continuationespecially until clarity over Brexit - or otherwise !!!!	pugugly	Read Full Thread Reply
05/7/2017 09:22	Gross profit from Feb 2017 y/e accounts: Aftersales £123.4m 39.4% Used Vehs £100.7m 32.1% New Vehs £ 89.4m 28.5% Total £313.5m 100% By way of illustration that new vehicles is the 3rd highest revenue stream & subject to too much focus in terms of Motor retail Co's share price in my opinion.	mortimer7	Read Full Thread Reply
05/7/2017 09:06	Figures are out from SMMT this morning for new car registrations in June. Total 243,454, which as expected by the market is a decrease of 4.8% compared to June 2016. However, the 6 months to June total still represents the 2nd highest half year total ever recorded.	mortimer7	Read Full Thread Reply
02/7/2017 22:30	Blew co: ever sell is a buy anyway. Volume is a useful indicator. Anyway I would avoid VTU. As ppi fades away then car volumes may fall further...	r ball	Read Full Thread Reply
30/6/2017 12:33	Sells 734,000, Buys 190,000 and the price goes up? Is someone hoovering these up?	blewco	Read Full Thread Reply
22/6/2017 14:23	IMO this is now looking stupidly cheap, all the worst scenarios from macroeconomic circumstances (eg Brexit deal) seem to have been factored in to the share price by the market. This extract is from from the results in May: "The Group has an ungeared balance sheet with shareholders' funds of £246.4m (2016: £197.9m), representing net assets per share of 62.3p (2016: 58.0p) as at 28 February 2017. The Group has tangible net assets of £156.1m (2016: £130.6m) and the balance sheet is underpinned by a freehold and long leasehold property portfolio of £182.0m (2016: £137.7m)" So tangible net asset values around 40pps.	mortimer7	Read Full Thread Reply
15/6/2017 09:21	Some of these stocks are already bashed down because of such fears and when they materialise they get a double bash and fall to silly valuations. That's what happened to DFS this morning so I bought some on the drop. Ideal buying opportunity. Don't think we'll see as big an opportunity here - I wouldn't place cars and furniture together.	danieldruff2	Read Full Thread Reply
15/6/2017 09:07	From the DFS trading update this morning - Chances of a read across to VTU car sales both new and pre-used HIGH (imo) "In our half year results announcement on 30 March 2017, we highlighted the expectation of a softer market environment in the second half of our financial year. The trading environment has however recently weakened beyond our expectation, with significant declines in store footfall leading to a material reduction in customer orders. We believe these demand effects are market-wide, in line with industry indicators, and are linked to customer uncertainty regarding the general election and the uncertain macroeconomic environment."	pugugly	Read Full Thread Reply
05/6/2017 09:07	The anticipated dip in new car registrations was confirmed for the month of May this morning as SMMT figures show a drop compared to May 2016:- "UK new car demand falls -8.5% in the month as buyers hold back ahead of June general election, with 186,265 cars registered"	mortimer7	Read Full Thread Reply

Chat Pages: 55 54 53 52 51 50 49 48 47 46 45 44 Older