Vertu Motors Share Discussion Threads

[clive7878] 25/10/2022 22:19

With a million shares bought in 50k lots in one day last week, buys of late are exceeding sells, and with a rising share price, and with Simply Wall havivg a price target of 60p with orofits of £44.2m.
Is sunshine the only disbeliever around?
Start praying if you want to buy at 30-35p a share.

[sunshine today] 25/10/2022 13:03

I don’t short shares

The competition updated this morning, after an initial mark up, the stock has now fallen back for a tiny rise.

My point being, some here thought it was good, however the mark up just bought in sellers.

This is what investors here are up against.

[m_kerr] 25/10/2022 12:44

crazy to talk about shorting this. each share is backed up by at least 67p (likely far more) of net book property, and no financial debt. no real pension issues either. there's a very long list of more obvious targets to short.

[microscope] 25/10/2022 09:18

Decided best to ignore sunshine.

It should be obvious to all by now he or she has a beef against this company.

As others have correctly pointed out, this individual should be posting on virtually every company in the UK.

We only have their denial regards shorting, and so far sunny's word comes across imho as erratic at best.

Every time VTU's balance sheet is brought up the subject is changed! A debate sunny knows can only lose.

A classic advfn troll imho who feasts on oxygen from others.

Incidentally, if I've learnt one thing very recently, it is that blue posters sometimes manage to have more than one blue account, (plus of course a host of other usernames).

Israeli shipping, and other 'Joules', more sunny's thing.

Lol.

I would add one CRUCIAL thing though, if any of you saw this post from Sunny and thought PDG said this, I hope you were not tricked into selling VTU today.....


"sunshine Today25 Oct '22 - 07:10 - 2389 of 2402
0 0 0
Pendragon PLC PENDRAGON PLC INTERIM MANAGEMENT STATEMENT


Points of note

New car margins through the roof as the dealers have had the upper hand.

Margins clearly fall by 30% plus going forward. More when recession hits.

Margins and volume is falling like a stone in the second hand market.

Forget the past , look outwards and note the world of near free debt is over."



WHAT PDG ACTUALLY SAID:

"Outlook

We are pleased with the performance in Q3 FY22 and remain confident in delivering progress towards our long term goals. While we continue to expect both new and used vehicle supply shortfalls for the last quarter of FY22 and into 2023, the new car order bank remains well above historic normal levels at over 20,000 at the end of September. The economic backdrop remains challenging, however we continue to expect to deliver group underlying profit before tax in line with Board expectations for the current financial year."

And don't forget, VTU; TNAV 70p+, buyback pending, yield 4pc, trading ahead of expectations, p/e about 5; order book many months ahead, possible corporate activity imminent.

[sunshine today] 25/10/2022 08:12

I do accept you could receive an approach

But on the other hand you could pay way over for some rubbish

[sunshine today] 25/10/2022 08:10

As I said even if your correct you require others to buy your companies shares.

They might if you get a broker note that shows higher profits next year and the year after.

The few buyers around need a fantastic story to buy,ANY STOCK, the chart here, and todays update from the competition don’t point to this being on anyones list.

[sunshine today] 25/10/2022 08:03

The PE of 5 is an illusion if as I believe, profits slump next year.

Asset values go the same way.

The era of near free debt that your basing your assumptions on has finished.

[sunshine today] 25/10/2022 07:53

I have an opinion that would have saved you a great deal of money , had you took on some of my postings.


If I had not been posting, the result would have been exactly the same.

The shares have slumped because the near term outlook is so grim.


It’s extremely difficult to bring on new investors ( buyers of any share ) if margins and profits are set to fall.

Your head is saying it’s cheap, but even if your correct, your going to hit a wall as others just keep selling.

Hope that helps.

[dan_the_epic] 25/10/2022 07:48

oh yeah lets cancel and not get a new car until 2024 instead!!!

Why are you posting here so incessantly all day every day if you dont own the stock and dont have any interest in buying

weird.

[sunshine today] 25/10/2022 07:31

You don’t seem to grasp that your share price and prospects is reflecting the above.

I would also do some urgent research on how easy it is to cancel a new car order, waits of nine months gives the consumer a great deal of thought time, personal circumstances may change.

[dan_the_epic] 25/10/2022 07:25

What a desperate permabear lmao. Go cry into your cereal.

the whole sector is going up because it is too cheap and there may be lots of takeovers from dollar rich suitors

imagine spending your whole life posting on shares you dont own because you are permabearish. like you would waste your time if you werent interested in buying and want the stock cheaper

[sunshine today] 25/10/2022 07:20

Over half cars sold here are second hand.

Your competition is seeing sales off a cliff and margins falling.

[effortless cool] 25/10/2022 07:15

clive7878,

"supply is exceeding demand with second hand cars" ... "that should keep prices high for some time to come".

Those statements are contradictory. Did you mean that "demand is exceeding supply"?

PS a good trading update from Pendragon this morning.

[sunshine today] 25/10/2022 07:10

Pendragon PLC PENDRAGON PLC INTERIM MANAGEMENT STATEMENT


Points of note

New car margins through the roof as the dealers have had the upper hand.

Margins clearly fall by 30% plus going forward. More when recession hits.

Margins and volume is falling like a stone in the second hand market.

Forget the past , look outwards and note the world of near free debt is over.

[clive7878] 24/10/2022 21:04

No shortage of cash for cars in West London with the huge amount of cash spent / wasted on fireworks tonight.
There's loads of money to burn here!!!
Can see VTU profits exploding

[clive7878] 24/10/2022 20:03

It was said that along with a problem & a delay in buying new cars, supply is exceeding demand with second hand cars, that should keep prices high for some time to come.
Lookers have already said that trading is still very strong.
Thats why VTU share price has bottomed out at 40p, & 2nd half results will exceed expectations.
What about the million shares in VTU bought in one day last week?

[rabiddog] 24/10/2022 17:02

…as are 99% of all stocks

[sunshine today] 24/10/2022 15:10

Both stocks are well down since the Tip.

[sunshine today] 24/10/2022 15:10

Just like the bulls here this chap put weighting on the two companies, when he should have looked at the bigger picture.


Jabran Khan?
Published 11 May, 3:36 pm BST
MOTR
VTU
Graph Falling Down in Front Of United Kingdom Flag
Image source: Getty Images
I have identified two UK shares that I think could benefit from the current burgeoning second-hand car market.

A shortage of semiconductor chips and essential parts of new vehicles, coupled with the global supply chain crisis, has led to a shortage of new vehicles being manufactured. Used car sales in the UK rose 5.1% between January and March this year, compared to the same period last year.


UK shares have a competitive advantage

Motorpoint (LSE:MOTR) is the UK’s largest independent vehicle retailer. It specialises in selling used “nearly new” cars that are usually two to three years old. Motorpoint has large retail outlets strategically located throughout the country.

As I write, Motorpoint shares are trading for 243p. At this time last year, the shares were trading for 286p, which is a 15% drop over a 12-month period.

I like Motorpoint shares for three reasons. Firstly, many UK shares have seen prices dip due to a market correction in recent months. At current levels, Motorpoint shares look good value for money on a price-to-earnings ratio of 20. The industry average is closer to 30.

Next, Motorpoint possesses a competitive advantage due to its profile, reputation, and position as the largest vehicle retailer in the UK. With its extensive presence and an online arm for online sales, the business could be primed to secure sales and boost performance.

I do understand that past performance is not a guarantee of the future. However, looking at Motorpoint’s recent year-end update release last month, it said it expects to report a revenue increase of 82% for the year ended 31 March 2022 compared to 2021. It also noted its market share increased too.

Motorpoint shares could come under pressure if macroeconomic headwinds are curbed and the supply chain issue and semiconductor issue are resolved. This could mean newer cars are more readily available

[sunshine today] 24/10/2022 14:57

If a bid arrived I agree it would go higher.

The other way round very often dampens the stock that bids.

So on balance it’s 50/50.

Clearly you best bet was to sell out at the start of the year.

[dan_the_epic] 24/10/2022 14:53

How desparate is sunshine

should rename himself thunderstorm

This is going up up up