Share Name Share Symbol Market Type Share ISIN Share Description
Vertu Motors LSE:VTU London Ordinary Share GB00B1GK4645 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.55p +1.24% 44.90p 494,376 16:35:28
Bid Price Offer Price High Price Low Price Open Price
44.85p 44.90p 44.90p 44.15p 44.25p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 2,822.6 29.8 6.1 7.3 172.10

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Date Time Title Posts
17/3/201823:49Vertu Motors (AIM:VTU)1,448
13/11/201413:47Vertu Motors (VTU) UPDATE-
21/12/201211:36vertu motors shares up 5% today,why?1
22/10/200818:37Vertu Motors - there is life in motor retail-

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Vertu Motors Daily Update: Vertu Motors is listed in the General Retailers sector of the London Stock Exchange with ticker VTU. The last closing price for Vertu Motors was 44.35p.
Vertu Motors has a 4 week average price of 41.80p and a 12 week average price of 41.10p.
The 1 year high share price is 52p while the 1 year low share price is currently 40p.
There are currently 383,302,517 shares in issue and the average daily traded volume is 1,843,317 shares. The market capitalisation of Vertu Motors is £172,102,830.13.
r ball: So why has the share price dropped?
r ball: 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.
karadas09: @lullabite. I have been on board here since the low 40's last year. Clearly the current market conditions show a reverse for car sales, so the share price is going to be kept under pressure for a few months at least. However, Vertu have been consistently increasing their market share since 2006 and specialise in buying up distressed dealerships and turning them round. They have demonstrated a track record in extracting good value from these deals for shareholders, and challenging market conditions might present more of these opportunities. The management team are strong and have invested in analytics tech that puts them ahead of some old school competitors. Vertu also make the highest profit margin in after sales which gives them a significant hedge against falling new car sales. The longer term picture over 10-20 years regarding electric vehicles (which require less maintenance) and different ownership models does create some uncertainty for me, but I don't see this as an immediate threat. I think trading below book value and with a decent divi, this should be a good 3-5 year hold and then see what the future holds.
grahamburn: Don't quite get your connection, lullabite, as I'd hardly call the rangebound share price "interesting"! IMO, unlike its immediate competitors, Vertu has much more potential upside (and, therefore, less downside) risk due to its business model. Its strength in used cars and aftersales policies does provide a degree of protection in the inevitable downturn.
lullabite: Vertu is getting interesting , share price hasnt moved in months cause brexit fears
r ball: Avoid. Declining sales and falling residuals willImpact on PCP deals. Possibility of missellling investigation too. The share price has done nothing for a few years.
walbrock82: Car dealership market To understand the car dealership market, you need to know what driving the sector. The last recession caused oversupply on the manufacturing side, so car subsidy schemes have helped stimulate demand. The biggest change to car financing is the PCP financing model, where owners no longer own cars but lease it for two to three years. They pay for the depreciation of the car rather than the full price. Afterwards, the owners could pay the remaining balance or sign another PCP financing for another car. This is called the PCP finance model. The problem is the shift from oversupply in manufacturing to over supplying the retail side. As long as demand keeps rising there are buyers to be found. Now, SMMT is forecasting the UK new car sales to fall for the first time in four years by 5% in 2017. In 2018, this will decline by 3%. Within two years, the demand for cars would have fallen by 10% in total. Forecast That will hit car dealers like Vertu and Lookers because they rely on volume and price. So, my analysis for Vertu Motors is it will trade around 35 pence in the next 12 months. For the breakdown of calculation and detail analysis on my share price prediction, click here:
mortimer7: Gross profit from Feb 2017 y/e accounts: Aftersales £123.4m 39.4% Used Vehs £100.7m 32.1% New Vehs £ 89.4m 28.5% Total £313.5m 100% By way of illustration that new vehicles is the 3rd highest revenue stream & subject to too much focus in terms of Motor retail Co's share price in my opinion.
mortimer7: SMMT released their new car registration figures for the month of May this morning: New car market increased 2.5% in May. 203,585 vehicles registered. May’s highest total since 2002. YTD 1,164,870 cars have now been registered in 2016, 4.1% ahead of last year. So the motor retail sector seems to be largely unaffected by the "emissions scandal" and brexit. Just hope the VTU share price starts to reflect this soon.
mortimer7: VTU share price creeping up since lunchtime: up 4.62p / 8.3% for the day to 60.38p. Yesterdays fantastic trading update. Peter Jones appt as Non-Exec Chairman. 2 director buys yesterday, circa 82k shares.
Vertu Motors share price data is direct from the London Stock Exchange
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