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Share Name Share Symbol Market Type Share ISIN Share Description
Vertu Motors Plc 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
  -0.30 -0.97% 30.50 30.00 30.50 30.60 29.20 30.10 671,864 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 3,064.5 7.3 0.8 37.7 115

Vertu Motors Share Discussion Threads

Showing 1426 to 1450 of 1700 messages
Chat Pages: 68  67  66  65  64  63  62  61  60  59  58  57  Older
DateSubjectAuthorDiscuss
17/3/2018
21:32
Personally I think they have massively under performed on used cars during the last 12 months .I noticed around 12 months ago they were not showing up in Auto Trader searches for used cars . So the traffic will have dropped off a lot.Autotrader is expensive but it does deliver customers if cars are listed correctly with photos , videos and a great description. Same as Right move for houses.I think someone thought we can do better and the result was a drop in used volume . In the last month I see they are using autotrader again but not as professionally as many others .
woodwards26
16/3/2018
19:33
Many thanks. I didn't expect it to top the used charts.
effortless cool
16/3/2018
19:30
E C, I've edited the post above to include Cambria as requested.
mortimer7
16/3/2018
12:30
M7, Can I be cheeky and ask you to add CAMB to your analysis above?
effortless cool
16/3/2018
11:08
Comparing Revenue & GP data from Vertu most recent results to those issued over the last few days by Lookers & Marshalls it's easy to see Vertu matching them in terms of used cars. However Vertu have a higher proportion of Revenue/GP from New vehicles & lower from Aftersales. Revenue mix %:......... VTU LOOK MMH CAMB New .................. 54.2 52.7 51.2 47.9 Used ................. 37.8 36.3 38.2 43.0 Aftersales............. 8.0 11.0 10.6 9.1 With the new market dropping off, there'll be less cash requirement for stock. VTU are performing at the required level for used cars - no point over stocking in a competitive market. Aftersales will improve with the vehicle parc for the last 3 years record new sales & obviously is an area which has the lowest cash requirement. Therefore the "spare" cash is being allocated to buy back shares. (The data above is for 2017 year for LOOK & MMH, 6 months to Aug 2017 for VTU & year to Aug 2017 for CAMB).
mortimer7
16/3/2018
10:44
Imo they are buying Back stock when prices are really low their stock is so cheap And they have shown that they know how to manage capital , im holding
lullabite
16/3/2018
10:35
Buying more stock when demand is falling doesn't sound like a good use of spare capital to me.
alter ego
16/3/2018
09:58
It demonstrates to me that they aren't concentrating on their business - car dealing .If a car dealer can't get a better return on its cash by simply dealing in cars then something has gone wrong with its core business.If I was still invested I'd be out
woodwards26
12/3/2018
10:02
Last friday saw the 2nd anniversary of Vertu's placing of 56 million shares at 62.5p. Over recent months their own share buyback program has seen them acquire around 14 million shares, recently paying as low as 42 / 43p. Not sure what this demonstrates, apart from they ain't daft!
mortimer7
05/3/2018
09:08
The UK new car market dipped in February, according to figures released today by the (SMMT). 80,805 new cars were registered, a 2.8% drop compared with February 2017 (83,115), in what is traditionally one of the quietest months of the year ahead of the March number plate change. That said, it was still the 3rd highest February figure in the last 10 years behind 2016 & 2017.
mortimer7
20/2/2018
17:00
Why they continue to buyback shares is beyond me surely put the money into used car stock. Even at say 10 k per car and a miserable 6 stock turn and a low gross per unit of say 600 every 10k would produce 3600 and even more importantly 6 extra after sales customer that would likely spend another 3000 over the next 3 yrs . Oh and then likely come back and buy another car sometime between 2 and 4 yrs.I have not been invested for a few years but I still follow . I used to think well of their used car abilities but doubt them now.In my opinion the used car side running well is the foundation of a great return on capital employed.
woodwards26
13/2/2018
08:55
One of the reasons listed motor retailers will have a decent buffer in their Aftersales profits for a few years (to offset downturn in new vehicle market).... The main determinant of the aftersales market is the number of vehicles on the road, known as the 'car parc'. The car parc in the UK has risen to over 34 million vehicles in 2017, a rise of 1.6% on the prior year. The demand for servicing and repair activity is less impacted than other sectors by adverse economic conditions, as motor vehicles require regular maintenance and repair for safety, economy and performance reasons. Overall, we expect at least for the next three years to see good continuing growth in the car parc, with higher growth expected in vehicles over four years of age.
mortimer7
05/2/2018
09:07
The UK new car market declined in the first month of the year, according to figures released today by the SMMT. 163,615 cars were driven off forecourts in January, a 6.3% fall compared with the same month in 2017 when 174,564 were registered.
mortimer7
29/1/2018
16:02
He's looking forward to 2023
zoolook
28/1/2018
22:31
I can't remember vertu at 1/4 of any recent price
woodwards26
25/1/2018
23:06
Check out Alex bossert long thesis of Cambria
lullabite
25/1/2018
23:05
I hace positions un vertu And Cambria both 4 baggers in 5 years
lullabite
25/1/2018
21:44
So why has the share price dropped?
r ball
25/1/2018
21:43
I don't think the share is really bothered by the fact that it's owner is a long term or a short term holder. Share buybacks can enhance mgt bonuses by increasing Eps for minimal effort. Special dividends force the business to use remaining cash wisely.
r ball
25/1/2018
21:05
R Ball Disagree about buyback policy over a special dividend, A special dividend attracts short term holders. where a buyback ,rewards and supports long term holders
ferries5
25/1/2018
17:17
I'm not. My only interest is: I had a holding in Vardy, it's a local company and I know a couple of employees. The market just doesn't like these companies any more. The contrast with Vardy is astounding. After all the share price hasn't moved in 3 years. Given today's profit warning the share buyback policy looks ill judged. A special dividend would have been a better way to return cash.
r ball
25/1/2018
15:07
Got Cash. Generating Cash. Very little debt. Profitable, & GP sensitivity analysis indicates headroom/cushion to cover downturn. Dividends sustainable. So disagree with value trap.
mortimer7
25/1/2018
12:28
So, R Ball at what price are you hoping to buy some?
alter ego
25/1/2018
12:10
Value trap.
r ball
25/1/2018
10:20
There's no doubting the sector headwinds in place at the moment & the year on year comparatives for Q1 will look dire. However, Vertu's tangible NAV is around 40pps, just below current share price & many of their recently acquired dealerships will not yet have achieved their profit potential.
mortimer7
Chat Pages: 68  67  66  65  64  63  62  61  60  59  58  57  Older
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