Vertu Motors - Live Discussion

tommytomata 14 Feb 2017

sp Over 50p by results?? i need 65 though

valeite 06 Feb 2017

liberum note says buy ...a positive note saying by vertu but cutting price target from 100p to 90 p. well ,i could live with that

valeite 03 Feb 2017

risk of recession fading ? bank of england (sheepishly) admitting they've been too pessimistic about the outlook for post brexit and upgraded (for the 2nd time) GDP growth to 1.6% for 2017 .yes ,there are inflationary worries but the consumer carries on consuming at a fair old pace and you never know ,things might work out ok for the uk as we negotiate our way out .interestingly enough BOE is more worried about the outlook for the EU than the UK . my guess is VTU is oversold

theprior 12 Jan 2017

Future...Marshall's Preclose statement today by Marshall's echoes a lot of where we are. Good results anticipated showing marginal improvements across all sectors. But caution about the trend for 2017.We are not alone !Similar sentiment was, I recall, expressed by Cambria back in November.TP

theprior 11 Jan 2017

Re: Future Ok, so Brexit knocked VTU last year and it's taking its time to recover after a false start in September when it rallied to 50ish.But we have a very sound company here whose aggressive approach has paid off so far.Whilst the new car market has softened this will only drive people to the used section. Here vtu has built up a good reputation and has a strong offering.In other words its swings and roundabouts.But, please don't expect the sp to double overnight, it just ain't gonna happen. It may slowly regain the 50s in the next 18 months as Brexit terms slowly become apparent. So that makes it a hold for me. Better money to be made elsewhere if you're impatient.TP

kolwezimudele 11 Jan 2017

Future Not in heavy, but so far it has not taken off as I had hoped - and I am nervous about the current height of the market, what with Brexit etc. around the corner. I have sold off a few other shares recently to realise profits to date. However I still have a (positive) gut feeling about Vertu (as the Chinese love gambling, the British love cars.....) and this usually trumps obsessive analytics. So I will stay in a while longer and see what happens.

Dateraider 10 Jan 2017

Future Big volume today with price rise.As always depends on how deep you are in but I'm holding .

kolwezimudele 09 Jan 2017

Future Any more ideas on Vertu - bought in on a gut feeling (we do love our cars...,) and now almost 20% down in a rising market? In the words of another great love ,'Do I stay or do I go........'?

valeite 05 Jan 2017

good news/but worries too just listened to bbc report on record car sales 2016 but predicting sales down 5% in 2017 .brexit gets some of the blame but also the way we buy car today (just like mobile phones ) means that car sales just get bought forward a bit .a bit of a concern to me was speaking ,over xmas ,to a sales manager who has recently worked for bristol s motors telling me just how many cars had been pre reg just to hit their target (170 pre reg at his branch) ,this is code for ....sales are slowing .the share price correction has been quite savage ....35% over the year ,i'm hoping the bad news that may come is in the share price .if trade just goes soft for a while i think we'll recover ok .there's nothing wrong with the business model that i can see but what do i know?

Mister Ed 04 Jan 2017

CEO Interview Hargreaves Lansdown interviewed CEO: [link] worth viewing.

Mister Ed 03 Jan 2017

Re: vtu 2016 2016 SP falls were largely driven by Brexit concerns not cash flow ... see LOOK, MMH. True the big dealer investment program is impacting cash, but it makes sense to do it when the market is riding high. Margins are up, profit is up and customer retention numbers look good. My personal experience of the group is positive. The finals should confirm a record year. Brexit remains a negative but any good news on transitional trade arrangements will likely produce decent SP rise.

MyHobby 20 Dec 2016

Re: vtu 2016 More of the same. Last audit accou8ntsthey had negative NCA (i.e. more creditors than debtors) and interim accounts show they are not generating the cash to pay the short-term creditors let alone the long term debt.From August's interimseriod end net cash of £12.9m (2015 H1 : £32.1m)Cash generated from operations of £26.4m (2015 H1 : £37.6m)Personally, I'd bail or short. They're already 26% down on my watchlist since September.D