Vertu Motors Share Discussion Threads

[jaf111] 15/5/2024 15:53

Let’s hope so……have never really understood why Vertu is the ugly duckling that no one wants…..

[bridggar] 15/5/2024 15:35

Results out of the way - let the games begin.

[davebowler] 15/5/2024 10:14

HTtps://www.research-tree.com/media/vertu-motors-preliminary-results-highlights-video-15-05-2024

[jaf111] 14/5/2024 16:12

Moving up nicely….results due tomorrow…..usually a good combination 🤞🤞🤞

[bridggar] 08/5/2024 19:54

Droy. Obey fsa rules etc etc.

[bridggar] 08/5/2024 18:49

I guess you will see soon enough. Lol. Train seems to be leaving the station

[mortimer7] 08/5/2024 10:50

SMMT Figures issued yesterday for UK new car registrations in April. 134,274, a 1% increase on April '23 total of 132,990.
Significant declining demand in Private sales though, down 17.7%.
Fleet sales up 18.5%.

[robmcelf2] 04/5/2024 18:46

Annual results due week after next. Let's hope for a positive outlook for things to come.

[davebowler] 04/5/2024 09:44

Nice mention here HTTps://www.ii.co.uk/analysis-commentary/four-aim-shares-are-potential-bid-targets-ii531587

[woodwards26] 30/4/2024 00:58

Prob bit less , but never wrong to take a profit it's very likely to bounce around for a while yet .

[finkie] 29/4/2024 20:08

sold some today at 70.6 thats a sure sign of a takeover at 120p tomorrow

[bridggar] 29/4/2024 14:24

Quiet here considering....

[c_k] 24/4/2024 08:24

Agreed. With 20 dealerships in Ireland they are much smaller than VTU so I can only see their stake as an investment.

[davebowler] 24/4/2024 08:16

The Times: About 250 staff are expected to be laid off at the Pendragon motor dealership group just weeks after the former listed company was bought out by a US company.

[woodwards26] 23/4/2024 20:28

Whatever Duffy Motors are a well run company and will know what they are doing so it's a vote of confidence .

[bridggar] 23/4/2024 17:31

I guess we will see so enough

[rabiddog] 23/4/2024 14:26

The question is..why would Navig continue to buy ? They aren’t acquiring(directly) so investment or perhaps on behalf of someone else

[bridggar] 23/4/2024 14:25

Possible, I guess.....

[c_k] 22/4/2024 14:59

There was an RNS earlier due to Nivag Holdjngs increasing their stake. It's possible they are continuing to buy.

[bridggar] 22/4/2024 13:41

Fair bit of volume traded today. Wonder why?

[daneswooddynamo] 15/4/2024 08:29

Quite surprised it was Group 1 as they seemed to be throttling back in q1 with some lay offs across their sites. Anyway Autonation still very much on the outside as far as the UK is concerned and versus their US competitors, if they want to enter vtu remains the obvious choice

[c_k] 15/4/2024 08:12

Group 1 Automotive of the US is the winning bidder for Inchcape's UK retailer business. I thought that AutoNation would be the likely winner. As there are likely to have been other bidders which will have carried out due diligence on Inchcape and have assessed the UK market will any of them now look at VTU as the only listed car dealership that hasn't been acquired?

[buffalobillnuts] 04/4/2024 14:17

JPMorgan Asset Management slowly selling their short position, now only 0.58%.

[mortimer7] 04/4/2024 09:38

UK New Car registrations total for month of March was 317,786. Last March was 287,825.
Increase once again due entirely to Fleet market sales being up 30% as the sector catches up with the last two years supply shortages. Private sales down 7.7%.

[jaf111] 01/4/2024 16:24

Penske also could still be looking to increase its UK exposure….they were looking at Pendragon of course…..