theprior
13 May 2015
Re: Tremendous results Hey PF, and the divi is up by 30% too ! Still not the best divi in the world but it's a start.Regards, TP
Professor Fang
13 May 2015
Tremendous results Wow, revenue up 25%, profit before tax up 23%..and even better news...Net cash of £15.7m (2014: £31.4m)Significant unutilised bank facilities refinanced in March 2015 provide substantial resources of £40m for further expansion opportunitiesBalance sheet underpinned by freehold and long leasehold property portfolio of £126.6m (2014: £105.6m)Net assets of £179.6m (2014: £163.4m):net assets per share of 52.7p (2014: 48.5p)
theprior
12 May 2015
Re: Shhh Cambria's results out today. Excellent set which, if translated to VTU, should bode well for tomorrow. 
TP
Brown Bull
12 May 2015
Re: Shhh Anticipation of good results to be announced tomorrow?
theprior
11 May 2015
Shhh First time for a while we have seen 58 on the board !Progress ??Regards, T P
theprior
01 May 2015
RNS..further acquisitions.. on the Jag/ Land Rover front. Farnell is a strong brand in West Yorkshire and beyond. Should do well for the group.Regards, TP
jaxonsax
07 Apr 2015
Re: New Car - sales fgures The new pension freedoms should have at least some impact on car sales even if Vertu dont have a Lamborghini dealership !!
theprior
31 Mar 2015
Re: Why the decline? Imvho the sp has been jogging along in it's current range for some time whilst the company has been growing steadily. At some point, exactly when I wouldn't know, the market will realise the sp has been left behind. New car registrations have been growing steadily and the lower fuel prices at the pump can only help to feed the demand. Vertu is taking advantage of this as well as keeping its aquisitive policy moving ahead. Regards, TP
northern pike hunter
30 Mar 2015
Re: Why the decline? Excuse my ignorance but what would trigger a rerating? Nothing spectacular seems on the horizon.
theprior
16 Mar 2015
Re: Why the decline? Followed my own advice and dipped my toe in. Rerate ahoy !!Luck all,TP
theprior
16 Mar 2015
Re: Why the decline? I'm not in VTU at the moment but was a holder. I was lucky to get in at 30odd p a couple of years ago. But since the rise to the 50/60 range the sp has not done a great deal (hence my exit)I too think this is a great company with it's progressive, acquisitive policy. There's undoubtably a rerating due and I wonder if this is being walked down by the MMs to get people in before then.Timing re-entry for me is the key. Must free up some funds before the party starts.Good luck, TP
northern pike hunter
16 Mar 2015
Why the decline? Is there any particular reason the Vertu share price has declined from 60p to its current value? Have I missed something?
forwardloop
06 Mar 2015
info Vertu Motors (VTU) also announced a trading update. The vehicle retailer reported that results for the year to February would be in line with expectations for record revenues and profits. Driving the numbers were total vehicle sales volumes up by 14.3% and like-for-like used vehicle volumes up by 6.4%. Vertu added that the key March trading period - when registration plates change - could be a record month for total UK new vehicle registrations, with its own like-for-like vehicle order book currently running ahead of the prior year. Despite the positive update Vertu shares fell by 4.75p to 56.25p. Broker Liberum has a 110p target.UK A N A L Y S T
northern pike hunter
06 Mar 2015
Re: New Car - sales fgures The figures were encouraging, apart from the retail sales numbers which were disappointing in a rising market. I have worked with (not for) Vertu and I believe it is one of the strongest, best managed groups in the automotive sector, and is destined to achieve great things. I am particularly impressed by the high intelligence and experience of Robert Forrester and his highly pragmatic approach to developing his business. He is supported by a strong Board, a proven Chairman and an excellent team. I like his approach to customer relations. I am building a substantial share holding, and, when funds allow, I'll buy some more.
northern pike hunter
06 Mar 2015
Re: New Car - sales fgures The figures were encouraging, apart from the retail sales numbers which were disappointing in a rising market. I have worked with (not for) Vertu and I believe it is one of the strongest, best managed groups in the automotive sector, and is destined to achieve great things. I am particularly impressed by the high intelligence and experience of Robert Forrester and his highly pragmatic approach to developing his business. He is supported by a strong Board, a proven Chairman and an excellent team. I like his approach to customer relations. I am building a substantial share holding, and, when funds allow, I'll buy some more. That aside, I believe that Vertu, under the highly intelligent and experienced leadership of Robert Forrester, are the strongest buy in the automotive retail sector.
