Nil Cost options LTIPs transferring wealth form shareholders to directors?Anyone know what the strike price for these options is? I get they cost nothing to own the derivative instrument and are handed out like free confetti to incentivize the well paid management, but hopefully the exercise price is ~90p or more.Also the vesting conditions? Hopefully they vest on business improving.Poor old me has to pay money to possibly get a stake in the upside, and can have real losses. OK I may get dividends which option holder's don't. Free options in my view are bad, because no one values "free" and there is no skin in the game. Make them put some of their cash on the line.Still the good news is they must think the price is going up, or they'd wait?A, looking for which directors are on the remuneration committee
Why the 6% drop After JPMorgan and Numis say buy with 130++ target only 1 month ago, why the 6% drop ?
to-day Plenty of buying to-day, to get this share back up.
Bca marketplace share look cheap Auctions selling plenty company buying shares back
Re: results... It's unfortunate that UK industry-wide car sales data came out on the same day as Looker's results:[link] would expect a partial bounce back over the next few days. But DYOR,Regards,
results... Good results but price down! What have I missed????
Re: Brokers Average target price of five analysts is 1.83 (4 buy, 1 outperform).
Re: price? Got to be the lowest it can go looks like a buy to me, unless it breaks through the support level of 94
price? Good results, but falling ? Any views out there?
Record H1 Results updates from brokers N1 Singer and Zeus Capital on Research Tree:Lookers has delivered a record set of H1 results with adjusted PBT 7% ahead of our forecast. We are encouraged by the strong LFL sales growth across all parts of the business, good operational progress made during the period and exceptional cash generation leading to a strengthened balance sheet. We are not changing our forecasts at present, and will await the completion of the parts disposal and Drayton acquisition. If these transactions did complete, we believe Lookers would have c£100m of financial firepower, and we feel confident management would deploy this effectively, building long term value. - ZeusWe said in our brief sector update on 11th August that investor sentiment remains more cautious than recent company announcements would imply, despite a post Brexit bounce in share prices. Since then we have had reassuring interims from Marshalls Motors (Not Rated) yesterday and Lookers today. Both reiterated full year guidance and suggested new car orders for the important September month are building nicely, whilst acknowledging that the referendum has created a degree of uncertainty yet to be reflected in customer activity. For bulls of the medium term story for the Motor Retailers (that ongoing consolidation for the larger quoted players is a secular growth opportunity at the expense of the smaller; that structural changes like PCP are rendering the New segment less cyclical; that other segments such as Used/Aftersales/Service are increasing in importance; and that the Realpolitik of the sheer size/importance of the UK market to EU carmakers negates a major Brexit/currency impact), this weeks announcements certainly provide comfort. - N1 Singer
NEW ARTICLE: A chart breakout at Lookers " It's been a hard five months for the car dealerships, with uncertainty over the European Union (EU) referendum affecting sentiment. But LSE:LOOK:Lookers is up as much as 10% on Tuesday following evidence of a further boost to first-quarter ..."[link]
NEW ARTICLE: Stockwatch: Significant potential for this share "Does a flat stock price in response to strong results and a confident outlook imply cyclicals represent good value, or a warning of inevitable downturn? It's a curiosity of sentiment, like the way miners, oil and related service stocks have ..."[link]
rise o as in letter o. ooo
Re: rise? Google Finance shows 4.38 M shares traded today, average is 1 M a day.
rise? Can someone explain why there has been no trades to-day, so why have they risen 9%. ?I do realize the takeover news was good . It seems to me it is just some manipulation which I dont understand!!!!