Vertu Motors Share Discussion Threads

[gipps] 05/11/2020 17:38

Dont worry about the new cars,it is the used cars where the profit is these days and i can tell you that most dealers i know have had a fantastic run since June.

[mortimer7] 05/11/2020 09:13

The total number of new cars registered in the UK in October were 140,945 vs 143,251 last year. A 1.6% reduction on October 2019. (SMMT Figures).

[sao1] 29/10/2020 14:44

Yes. You can just register and listen to recordings.

[grahamburn] 27/10/2020 14:38

Wonder if this forum will be available to listen to after the event?

[viking24] 19/10/2020 11:48

Interesting to see their electric car dealership expansion coming up

[mortimer7] 15/10/2020 15:43

Press Speculation RNS just out.
Rumoured to be looking at taking on Inchcape's BMW sites.

[w1ndjammer] 07/10/2020 06:51

Quality set of results.......

WJ.

[mortimer7] 05/10/2020 08:29

Factor in that new car registrations are now likely proper end user sales & not dealers pre registrations to hit manufacturer targets & things look a whole lot brighter.

[gutterhead] 05/10/2020 08:28

last YEAR REGISTRATIONS ALSO INCLUDED a lot more PRE REGISTRATIONS, cars registered but not sold.....sept and third quarter numbers are going to be much bigger.

Retail sales in sept, REAL sales are much bigger than last year

the question is....will it continue into the fourth qtr......

[gutterhead] 05/10/2020 08:25

new car margins better and used car volumes and margin are up

[mortimer7] 05/10/2020 08:12

The total number of new cars registered in the UK in September were 328,041 vs 343,255 last year. A 4.4% reduction on September 2019. (SMMT Figures).

[viking24] 02/10/2020 15:33

Numbers next week, should show bumper September sales

[gipps] 01/10/2020 16:56

Tomorrow ?

[viking24] 01/10/2020 15:53

On line surprise tomorrow.Interesting to see if our Canadian friends buys more!

[sellmycarscouk] 21/9/2020 07:37

Buying more dealerships may also not be in the share price!
Great Post from above!

[essentialinvestor] 16/9/2020 16:59

Johnson talking about imposing tariffs on EU goods today in certain circumstances -
in the event of a no deal.

That scenario may not be in the share price.

[farrugia] 09/9/2020 10:00

Vertu Motors predicts record new car sales for September

[gutterhead] 04/9/2020 11:09

Q4 is always tough but maybe much more so this year. Q1 is normally best quarter of the year. I tend to agree with you, I’m also cautious with unemployment likely to hit all time highs

[essentialinvestor] 04/9/2020 10:22

Would expect Q4 and Q1 2021 to be a lot tougher as unemployment hits.

Perhaps I'm being too cautious.

[mortimer7] 04/9/2020 08:17

SMMT have reported today that UK new car registrations in August were 87,226.
A 5.8% decrease on August 2019 total of 92,573.
SMMT commented:
"August is typically one the new car market’s quietest months, it’s important not to draw too many conclusions from these figures alone. With the all-important plate change month just around the corner, September is likely to provide a better barometer".

[essentialinvestor] 02/9/2020 14:42

Much appreciated folks on the heads up.

[pj84] 02/9/2020 14:18

Just reposting the link. (edit beat me to it.)

Whatever the reason for the purchase, it is a sizable investment by someone with knowledge of the industry.