Vertu Motors Share Discussion Threads

[mortimer7] 04/5/2017 08:10

Todays SMMT figures for April 2017 show a 19.8% year on year drop in new car registrations this morning. Total regns were 152,076. This reduction was expected as the effects of the Vehicle Excise Duty changes from 1st April kicked in, and had brought forward many regns in to March. The two months March and April combined total for 2017 is 714,413 compared to last years of 708,212.

[ferries5] 27/4/2017 10:21

Note from Zeuse Capital htTps://www.directorstalkinterviews.com/vertu-motors-plc-zeus-capital-anticipate-robust-set-results-due-10th-may/412727802

[danieldruff2] 12/4/2017 11:05

Whether that has any import or not, I think this one is miserably rated by the market and somewhat overlooked. I'm hopeful of 60-80p once it comes back into focus.

[ferries5] 12/4/2017 10:58

htTp://www.fleetnews.co.uk/news/fleet-industry-news/2017/04/11/vertu-motors-and-bca-sign-five-year-exclusive-remarketing-deal No figures mentioned,or who bears the cost of transport to the auction houses. At the very least it should free up space at the dealerships. Loads of uncertainty in the economy at the moment, Some new cars are 10% to 15% higher since the £ dropped in value, Diesels no longer seem attractive + coupled with the problem with Volkswagen, just not sure how this will effect Vertu

[mortimer7] 05/4/2017 08:21

Records tumble as March UK new car market hits all-time high... New car registration unit stats issued today by SMMT show 562,337 new cars were registered in March 2017. A new record month, 8.4% up on March 2016. Registrations have now jumped 6.2% in Q1 2017 to 820,016 units, a new record quarter. Undoubtedly these figures are boosted by consumers & businesses reacting to new tax changes effective from 1st April, pulling forward purchases into March.

[mortimer7] 21/3/2017 08:42

Noticed we now have a shorter being reported as per shorttracker.co.uk :- Worldquant LLC at 0.50%.

[seball] 09/3/2017 15:11

Lookers LOOK very cheap now. I have increased my holding in Lookers after results. Good luck

[deanowls] 06/3/2017 16:12

A three percent increase then being as last year was a leap year!

[mortimer7] 06/3/2017 09:09

New Car registration numbers out this morning: The UK new car market remained steady in February, dipping just -0.3%, according to figures released by SMMT. 83,115 vehicles were registered in traditionally one of the quietest months of the year ahead of the number plate change in March. (83,395 in Feb 2016).

[seball] 02/3/2017 12:43

LOOKERS results Wednesday 8th March. Expecting good results also.

[grahamburn] 02/3/2017 11:37

Recommended by Tempus in The Times as a buy. Argues its a safe bet within the sector due to its asset base and significant presence in used cars and after sales.

[qackers] 02/3/2017 10:44

INTERVIEW: Vertu Motors Plc Look very appealing say Zeus Capital. Vertu Motors Plc (LON:VTU) are the topic of conversation when Zeus Capital head of research Mike Allen caught up with DirectorsTalk. Mike talks us through the key drivers that kept Vertu in line with expectations their current trading patterns, the forecast for the company and valuation. Http://www.directorstalk.net/interview-vertu-motors-plc-look-appealing-say-zeus-capital/

[mortimer7] 02/3/2017 10:13

Broker note after yesterdays update:- "Vertu Motors Plc had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘BUY’ this morning by analysts at Liberum Capital, with a target price of 90p on its stock"

[ferries5] 01/3/2017 14:12

Article from AM online htTp://www.am-online.com/news/dealer-news/2017/03/01/vertu-motors-has-firepower-for-growth-company-update-states

[mortimer7] 01/3/2017 11:37

hTTp://webcasting.brrmedia.co.uk/broadcast/58b446a50e2c472842e98ecb Brief 2 minute conversation with Robert Forrester (CEO) on todays trading update. Well worth a listen.

[danieldruff2] 01/3/2017 10:13

Agreed though I think it'll be 2018 before this share is properly valued. Don't want to be holding much UK focused stuff post-Brexit, especially smaller market caps, only taking the risk with this one and TEF

[mortimer7] 01/3/2017 10:03

Very impressed with the update today. Well constructed & informative narrative surrounding all the usual information. It's just a year since VTU undertook their large placing at 62.5p, so I agree with the view that the share price has plenty of scope to move upwards from current levels.

[chrisb1103] 01/3/2017 09:48

This is a bargain imo. Steady all the way back to 75p in due course

[seball] 01/3/2017 07:19

Good solid results to meet expectations. Expect this to break 50p today. Good luck

[eggbaconandbubble] 10/2/2017 12:00

If a car is leased through a lease company is that classed as a private registration?

[phillis] 06/2/2017 15:14

12 year record

[mortimer7] 06/2/2017 09:13

SMMT have published their new car registration figures for the month of Jnauary 2017 this morning. A total of 174,564 units were registered compared to 169,678 in January 2016. Within this total figure, private registrations led the growth, registering 76,729 new cars – up 5.0% on January 2016.

[luthier] 03/2/2017 21:27

Relatively robust demand despite all the negative speculation?!

[zoolook] 03/2/2017 19:21

My guess - they were all drastically marked down because the good times were seen to be ending yet consumer confidence remains high and borrowing is cheap and BOE forecasts are positive.