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 Shares Traded Last Trade
  -1.00 -1.87% 52.60 940,314 16:35:13
Bid Price Offer Price High Price Low Price Open Price
52.40 52.80 55.00 52.20 55.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 2,547.66 22.40 4.44 11.8 198
Last Trade Time Trade Type Trade Size Trade Price Currency
17:08:57 O 515 52.603 GBX

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Date Time Title Posts
15/9/202113:59Vertu Motors (AIM:VTU)1,874
13/11/201413:47Vertu Motors (VTU) UPDATE-
21/12/201211:36vertu motors shares up 5% today,why?1
22/10/200819:37Vertu Motors - there is life in motor retail-

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Vertu Motors (VTU) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-09-17 16:08:5852.60515270.91O
2021-09-17 15:55:1152.95992525.28O
2021-09-17 15:35:1352.609,7865,147.44UT
2021-09-17 15:29:5352.405729.87AT
2021-09-17 15:29:5352.404624.10AT
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Vertu Motors (VTU) Top Chat Posts

Vertu Motors Daily Update: Vertu Motors Plc is listed in the General Retailers sector of the London Stock Exchange with ticker VTU. The last closing price for Vertu Motors was 53.60p.
Vertu Motors Plc has a 4 week average price of 48.50p and a 12 week average price of 38.70p.
The 1 year high share price is 59.80p while the 1 year low share price is currently 25.10p.
There are currently 375,738,712 shares in issue and the average daily traded volume is 661,369 shares. The market capitalisation of Vertu Motors Plc is £197,638,562.51.
microscope: I bought a small holding last week on the chart breakout, bullish trading update, upped profit forecast, likely dividend restoration and buyback news. Add in a discount to tangible nav and this looks like one of the cheapest shares around despite the share price improvement recently.I understand the potential risks of semiconductor shortages, another lockdown (heaven forbid!) and competition concerns, but this is valued at something like one thirtieth of Cazoo. That's a truly eye-popping difference. I'm not saying Vertu will reach a similar valuation of course, but it shows the upside potential to be substantial.Also since the buyback started, the shareprice has averaged about a 1p gain a day, and they are only about 500k of a possible 3 million spend into it. Were that daily average to continue we'd be near 80p by the end of it.Again I'm not saying that's likely, but the potential for around 70p short term feels realistic, and further growth thereafter.
tole: https://www.fool.co.uk/investing/2021/08/23/a-bargain-penny-stock-to-buy-in-september/A 'bargain' penny stock to buy in SeptemberStuart Blair | Monday, 23rd August, 2021 | More on: VTUA pile of British one penny coins on a white background. Image source: Getty ImagesOver the past year, the Vertu Motors (LSE: VTU) share price has been able to double due to the second-hand car dealership's strong recovery. But at 51p, I believe that this penny stock is still undervalued, especially after its recent trading update. Here are the reasons why I might buy in September.Trading updateLast week, it was revealed that the company expects to make full-year pre-tax profit of £50m-£55m, up from previous expectations of £40m-£45m. This is due to increased demand, especially as the global semiconductor shortage has been hindering the production of new cars. As such, many customers have turned to second-hand cars, and Vertu has seen the benefits of this. The reluctance of some to use public transport due to the pandemic has also been beneficial for the company.The strong performance has allowed the car dealership to launch a £3m share buyback programme. This decision has been prompted by the fact that the board believe "the share price of the company ... [is] at a discount to the tangible net asset value". This is a major indication that this penny stock is underpriced. The Vertu share price also rose 8% as a result. Dividend payments are set to resume as well, and if they equal 2019 levels, shareholders can expect a yield of over 3%. Accordingly, shareholder returns look extremely strong, and this is one factor tempting me.The risksDespite the fact I feel that Vertu is underpriced, there are still risks that require consideration. Indeed, while the current semiconductor shortage may be a short-term benefit to profits, it also means that used vehicle supply may be restricted in the coming months. This would likely damage profits in the future, and the current strong performance may be a one-off.There is also a large amount of competition in the market. One example is Cazoo, which is going public through a SPAC (special purpose acquisition company) this Friday. Cazoo operates solely online, and vehicles are delivered straight to the customers' door. This bypasses the need for expensive showrooms, which strain profit margins. As such, there may be a view that Vertu is old-fashioned, and is not adapting quickly enough. This means it could get left behind.Why would I still buy this penny stock?Despite these fears, I still believe Vertu is deeply undervalued. In fact, in its launch, Cazoo is going to be valued at £6bn, while Vertu is only valued at a meagre £188m. This is despite the current unprofitability of Cazoo.To further demonstrate the company's undervaluation, I must also point out that it has a price-to-earnings ratio of far below 10, and a price-to-book ratio of just 0.7. Both of these multiples are well below the market average, implying that the stock has plenty of room to rise. It's therefore no surprise that the board is looking to buy back shares. This is why I am willing to overlook the negatives in this company and may buy some shares in September.
mw8156: a/c to investors' champion website the share has declined from 75p since 2007 and the CEO has been rewarded with £590K and 690K in the last 2 years, not bad for a plc with a cap of less than £200m, and dividends have been absent. To be fair, Vertu is not alone, the CEO of Cambria has also been handsomely rewarded though Cambria's share price has a better record. BoD should realise that the owners are the shareholders.
ih_676530: Today's announcements will be covered in the news over the weekend(Already trending via The Evening Standard , Yorkshire Post, Business Live, Proactive Investors) and I'd expect more City's brokers to issue new price targets (City Confidential new PT is 74p) . It looks like the share price broke the 50p's barrier this morning, nicely settled above that line& traders bagged their 5-10% profit so I'd expect the share price to gain more strength next week and continue to climb up on Monday
bigbertie1: Stunning stuff. I agree the year forecast looks very pessimistic, but the uncertainties are many and real. But surprised the share price has not risen further this morning. 1nf3m0 right - AIM probably stops big boys from joining in! The price fluctuations this morning suggest some people are selling now at just over 50p - seems crazy. Good luck all.
tomps2: Vertu Motors (VTU) Investor Presentation August 2021 Robert Forrester, CEO & Karen Anderson, CFO present the company, the financials, the current market dynamics and the outlook, followed by an extensive Q&A with no questions unanswered. Straight, direct and informative. Watch the video here: Https://www.piworld.co.uk/company-videos/vertu-motors-vtu-investor-presentation-august-2021/ Or listen to the podcast here: Https://piworld.podbean.com/e/vertu-motors-vtu-investor-presentation-august-2021/
bigbertie1: Presentation was straightforward, summarising last year results, current trading and business methods. They are continuing to exploit a very strong market and are trying to raise brand awareness. Asked about future growth Robert said they were not planning to raise equity for acquisitions at present as the strong market would mean prices would be high - given the share price discount to tangible net assets buy-backs look a more sensible use of cash. I had to leave before end of questions, but I remain a happy investor. By the way I am the same person as "bigbertie" - I had to reregister when I used Google to access ADVFN and it wouldn't allow me to use my existing username!
tole: https://www.fool.co.uk/investing/2021/07/17/top-small-cap-stocks-for-july/Roland Head: Vertu MotorsCar dealership group Vertu Motors (LSE: VTU) is one of the UK's largest motor retailers, with brands including Bristol Street Motors. Vertu says that demand for used cars is "exceptional" at the moment. The latest update from the company revealed strong trading and triggered an upgrade to profit forecasts.The main risk flagged by the company is that the global chip shortage will cause delays to new car deliveries. However, Vertu's share price is covered by the value of the group's property portfolio, and the business currently trades on just seven times forecast earnings. Brokers are also forecasting a useful 3.6% dividend yield this year.In my view, Vertu looks like a good, cheap, small-cap stock. I recently added the shares to my portfolio.
davebowler: Zeus Vertu delivered an upgrade in its latest AGM update just four months into its financial year. We have increased by 2022E EPS forecasts by 15.5% taking the mid-point of revised management guidance. We are maintaining our 2023-24E forecasts for now. We remain comfortable with our investment thesis. § AGM trading update: In an AGM trading update, Vertu has confirmed that strong trading conditions witnessed in March and April have continued to date. This is likely to lead to a very strong H1 performance, albeit we exercise some caution that supply constraints and ongoing COVID-19 disruptions could impact the key trading period of September and therefore H2 performance. § Key trading themes: Vehicle supply challenges reflecting component shortages are becoming increasingly apparent, with the lead time between order and delivery of new cars increasing. The demand for used cars remains very strong, albeit supply issues in new cars also causing an increasing reduction in supply of used cars. This has caused exceptional levels of used car price inflation, which has been widely publicised across a number of data sources (CAP HPI hxxps://www.cap-hpi.com/blog/view/new-blog-post-1098). § Forecast assumptions: We are upgrading our 2022E EPS forecasts by 15.5% as we take our adjusted PBT forecast from £26.0m to £30.0m being the mid-point of revised management guidance of £28-32m. Our revenue assumptions increase by 8.1% to take account of the rising capital cost of the vehicles particularly in used cars. We have assumed a 10bps improvement in gross margins too to reflect current activity levels in used cars. We are maintaining our 2023E and 2024E forecast assumptions for now as we are mindful of the increasing supply constraints and removal of business tax relief that could significantly impact September trading and its H2 performance for Vertu and indeed the rest of the industry. While we are just four months into the H1 period for Vertu, we would anticipate the H1/H2 split to be significantly ahead of the normalised c70/30% PBT split this year. § Valuation: The solid balance sheet of Vertu continues to underpin the current share price with tangible net assets per share of 50.2p as at 28 February 2021 and is expected to grow to 87.9p by 2024E. We remain comfortable with a valuation of in excess of 75p implied by our DCF, and SOTP models, which is also underpinned by an average mid cycle P/E of 12x applied to prior peak earnings. Looking further out, we think Vertu can deliver EPS closer to 8.5p in the next cycle and on a P/E of 12x would provide a long-term share price target of 102p. At current levels, we continue to see strong long-term upside, with the average of our valuation techniques implying a value of 77.1p per share, or 68% upside versus current share price.
davebowler: Zeus; Built on strong foundations Vertu has released an impressive set of FY results, which are ahead of our previously upgraded forecasts. Trading momentum remains strong with pent-up demand still evident, and with healthy cash generation and a strong balance sheet we believe Vertu is well positioned. This note focuses on the scaled business (#9 in Europe) that has been built up from nothing 15 years ago, and we increase our near term intrinsic value from 62.9p to 75.6p per share implying a healthy risk/reward profile from current levels. § FY21 results: Vertu has delivered a very strong set of results for FY21, outperforming our latest adjusted PBT forecasts by 7%. This represents a 37% outperformance vs. the forecasts we released in October 2020. Vertu has generated significant cash throughout FY21, improving the net debt position from £28.3m in FY20 to £4.5m at the end of FY21. § Outlook: Vertu’s outlook is confident, with trading profits at a record level in the two months to April 2021. Adjusted PBT in the two months is running at £19.2m vs. £14.8m in 2019. We are mindful of current supply constraints, which could intensify during the course of the year. § New forecasts: As a result of Vertu’s strong performance, we have upgraded our forecasts for the Group. We now expect revenue to increase to £3.2bn in FY22, a 7.1% upgrade on our prior forecasts. We forecast this to result in underlying PBT of £26.0m in FY22. In our view, revenue and profits will continue to grow through to FY24. However, we expect the increase in the headline corporation tax rate in the UK (effective 1 April 2023) will cause a slight dip in FY24 EPS. Through this stronger performance and positive FCF generation, we think net cash (excluding leases) will be £2.4m by the end of FY22, increasing to £13.0m by FY24. This will allow Vertu to reinstate its dividend, which we expect will happen in FY22 at c.1.6p per share. § Valuation: As ever, the solid balance sheet of Vertu underpins the share price, with tangible net assets per share of 50.2p as at 28 February 2021. We see this as a floor for the share price, with other valuation methods providing upside. Our updated DCF gives a valuation of 75.8p. Our SOTP valuation, which separately values the EBIT Vertu generates and its property portfolio, gives a 98.5p per share value estimate. Finally, we have reviewed Vertu’s long-run P/E ratio, which provides a valuation of 78.0p when applying a mid-cycle P/E of 12.0x to prior peak earnings. Considering the possibility of Vertu further growing its EPS through acquisitions, we think a blue-sky target for EPS of 8.5p is achievable. At 12.0x P/E, this provides a long-term share price target of 102p.
Vertu Motors share price data is direct from the London Stock Exchange
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