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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 Shares Traded Last Trade
  -0.20 -0.51% 39.30 282,466 16:35:28
Bid Price Offer Price High Price Low Price Open Price
37.80 39.70 39.60 37.50 37.60
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 3,064.53 7.32 0.81 48.5 148
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:28 UT 319 39.30 GBX

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Date Time Title Posts
25/2/202122:28Vertu Motors (AIM:VTU)1,743
06/3/201920:39Vertu-
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 (VTU) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-02-26 16:35:2839.30319125.37UT
2021-02-26 16:29:4739.2010.39AT
2021-02-26 15:25:4938.24943360.60O
2021-02-26 14:14:2038.242810.71O
2021-02-26 14:07:3938.802,018782.98O
View all Vertu Motors trades in real-time

Vertu Motors (VTU) Top Chat Posts

DateSubject
27/2/2021
08:20
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 39.50p.
Vertu Motors Plc has a 4 week average price of 30.10p and a 12 week average price of 27.10p.
The 1 year high share price is 41.40p while the 1 year low share price is currently 16.80p.
There are currently 375,738,712 shares in issue and the average daily traded volume is 1,689,184 shares. The market capitalisation of Vertu Motors Plc is £147,665,313.82.
07/12/2020
17:20
davebowler: Zeus; Vertu has announced an acquisition that gives it a significant BMW and Mini presence in Yorkshire and the North East. We see this as an asset rich transaction with minimal goodwill, albeit it will take time to turn this business around financially. That said, we believe this transaction comes at an exciting time, given the brands strong pipeline of electric vehicles, and this also shows Vertu investing for the long term as a key industry consolidator. § Acquisition: Vertu has acquired a significant BMW and Mini market area in Yorkshire and the North East from Inchcape. This consists of 12 sales outlets, in five locations namely York, Sunderland, Teesside, Durham and Malton. In addition, there is a BMW Motorrad motorcycle operation in Sunderland and an additional used car operation in York. § Financing: The total consideration amounts to £18.7m (subject to a completion accounts finalisation) together with the assumption of manufacturer used vehicle stocking finance of £8.9m. The assets acquired in respect of freehold/long leasehold properties amount to £16m The acquisition has been funded with a combination of cash and a £12.8m 20-year mortgage facility from BMW Financial Services at a fixed interest rate of 2.9% for the first 5 years, another sign of strong OEM support for this transaction. The acquisition includes a payment in respect of goodwill of £0.75m, which highlights the value of this asset rich transaction and appears to be substantially less than transactions undertaken in recent years. § Impact on forecasts: Due to the timing of the purchase and the historic trading performance of the sites acquired, we anticipate this transaction will reduce 2021E adjusted PBT by £3.0m and will also be earnings dilutive in 2022E, generating a positive impact on profit in 2023E. We ultimately believe the business acquired is capable of delivering annual EBITDA of £5.8m and even on a conservative EV of £35m assuming additional stock investment, equates to 6x. § Trading update: The Group’s strong trading momentum continued into November. While this is good news, we believe it remains sensible to exercise some caution for the remaining quarter of FY21 given the clear uncertainties still ahead (Brexit, COVID cases rising post relaxation of rules, rising unemployment etc). Indeed, it is worth noting that new car registrations were -27% during November according to the SMMT, albeit this showed a considerable improvement vs. April and May showing how well the industry has adapted to national lockdowns. We believe the impact of stronger trading offsets the anticipated dilution from this transaction. § Investment view: We believe the long-term valuation of Vertu is compelling and have not modelled in the full potential of this transaction into our long-term forecasts. We see a conservative average valuation of 65p per share, which implies significant upside from the current share price.
05/12/2020
17:00
essentialinvestor: Why?, firstly a very small buy, 26 pence type area may be a better entry point - providing trading develops in line. When buying or selling a stock I will do this in stages rather than attempting to catch an optimal buy or sell point. And lastly, because I don't have any certainty on furture price direction. It is worth saying that if we fail to secure an EU exit deal, it arguably makes it tougher going for Vertu on the new car side, IF there are tarrifs imposed.
04/12/2020
15:08
grahamburn: EI.... so on your reasoned prediction why make a purchase at the price you did?
04/12/2020
10:23
essentialinvestor: Slight concern on cyclicals atm is price action is behaving as we are about to revert back to a pre pandemic economy, without a pause for breath. That's not going to happen overnight. In tetms of VTU, you could may a case that the strongest may grow even stronger.
21/9/2020
07:37
sellmycarscouk: Buying more dealerships may also not be in the share price! Great Post from above!
16/9/2020
16:59
essentialinvestor: 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.
21/8/2020
08:06
aylingd: Very nice update. Strange share price action. Clawed its way back up to 30p in June when the outlook was uncertain. Now future looks more assured 25p is the best we can do. I would hope for a rerate to at least 30p, maybe 35p. Not sure what Liberum's timeline for 50p is, optimistic in the short term I would have thought. D.
20/8/2020
10:05
essentialinvestor: I took 24.10, unfortunately was out at the market open and missed the best price. Expect VTU to be a longer term sector winner. Disappointed no net debt/net cash figure was given today. Yes they mentioned liquidity, hosever it's useful to known the net debt numbers. Luck to those holding.
10/8/2020
14:29
seball: Bought in today looks undervalued at this price. Good luck all
21/7/2020
20:58
thewheeliedealer: Hi all, My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion covers VTU and I reckon the Car Retail sector looks very interesting now. We also chatted about loads of other Stocks and as always a fair bit of general Portfolio Management educational stuff. Anyway, if you use Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want TPI Podcast 27) and you can find it on Soundcloud at the link below. I hope you enjoy it and find it useful, Cheers, WD @wheeliedealer hTTps://soundcloud.com/user-479955511/conkers3-wheeliedealer-27-covid19-vaccine-hopes-azn-clin-ipf-vtu-auto-sfor-mpac-net
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