Re: New Car - sales fgures For what it is worth I see it as follows. Debt free, profitable, growing strongly. So I think neligible downside and, on the upside, shd be twice as valuable in 5 years. I'm a holder on that basis. I've been wrong before !
Re: New Car - sales fgures Well one major shareholder has taken the plunge - sharply reduced holding. The financial director disagrees, buying in at the lower level.
Re: New Car - sales fgures Today's fall in SP is discouraging. I was hoping this might be the point where the shares finally took an uplift, but not so. I have to decide now whether to hold or sell. Any views?
Re: New Car - sales fgures Not a great buy so far it seems. Market disliked the cautious outlookI suppose. Results look set not to disappoint.
Re: New Car - sales fgures I think it is a buy so dipped my toe in and bought a few today at 58.6p.
Re: New Car - sales fgures Well, if it is, the share price is not reflecting it - it seems to have gone into a gradual decline!A trading update in the first week of March may shed some light on what is going on. At that point I will need to decide whether to go on holding, pending the results in May, or sell up.
New Car - sales fgures The market appears to be going from strength to strength and Vertu will no doubt be in the thick of this. [link]