Caffyns fundmentals report Looking undervalued and I like the business. I plan on topping up after reading this infographic [link]
Re: DBS to CPI Its very much family and as far as other investors are concerned its down to yield. Growth by acquisition could come in a modest form but the car market is only so big and as we move forward it will rely on replacement and modest additional demand. CFYN needs to grow its network which should not need much in the way of head office costs. The family could want to get out if the next generation shows no interest.
Re: DBS to CPI Interesting thoughts. Let's see. A bonus divi might get a rerating. The market thinks so little of the controllers of this company.
Re: DBS to CPI I think we will see an increase in the divi again this May and perhaps a bonus to celebrate 150 years. This more recent RNS may pave the way to expanding the branch network. This will need cash as shares are never issued.
DBS to CPI Worth close to £2 per share after tax. Over time one wld hope for firmer slightly higher share price and more leeway w/ the dividend.
Re: Dividend It was only my anticipation. I now feel there is a need to grow the network of branches as it will be difficult to maintain the good progress from their existing branches as the cycle of replacement cars has been more or less fulfilled in those areas.