BuySel
15 Apr 2016
bouncing on the way There was something happening yesterday and today was the day for the bounce.a couple of 3|M trades, must be one buying and one selling, and on that could be the overhang being cleared.
gravy
14 Apr 2016
Re: In I believe you have got in at an attractive price. Negative sentiment towards motor dealers overdone and makes it cheap IMHO. Plenty of freeholds, no debt and no pension overhang. Wd like bigger divis.
Ripley94
14 Apr 2016
In Today @ 61
mcescher
28 Mar 2016
Good analysis report on VTU This website shows VTU is seriously undervalued: [link]
forwardloop
11 Mar 2016
info Shares mag buy courtesy of alliance trust emailVertu makes its MercTransformational Mercedes-Benz deal to help car dealer’s earnings motorJames CruxGrowth-hungry investors should climb behind the wheel of automotive retailer Vertu Motors (VTU:AIM). A bullish trading update (8 Mar) and the acquisition of three Thames Valley dealerships (1 Mar) adds the Mercedes-Benz brand to Vertu’s portfolio and should provide some fuel for decent earnings growth.Group trading for the year to 29 February 2016 is better than expected, says Vertu. Panmure Gordon says the shares still remain cheap despite having rallied since February 2016.The £31 million acquisition of Greenoaks introduces Vertu’s first Mercedes-Benz outlets, significantly strengthening its premium car business. Adding the highly-prized franchise is a major coup for the UK’s fifth largest automotive retailer. Mercedes-Benz has doubled its new car volume over the last five years, demonstrating bumper appetite for the luxury brand.CEO Robert Forrester says Greenoaks boosts the freehold backing of Vertu’s balance sheet and will enhance earnings in the financial year to February 2017. Liberum Capital flags turnaround scope in these acquired dealerships’ new and used car sales departments, underpinned by the favourable demographics of the affluent Thames Valley region.The broker’s 100p price target implies 38% potential upside from Vertu. Besides the benefits of turnaround initiatives, Vertu operates in a UK new car market which remains robust. The market grew 8.4% year-on-year for the month of February with 83,395 units registered, according to the latest SMMT figures. Shares says: "At 69.5p, dividend-paying Vertu Motors remains undervalued given its organic growth, M&A possibilities and upside from the Merc move."
theprior
11 Mar 2016
Re: placing Yes, I'm surprised too,that it's settled above the placing price. I did manage to sneak a top up in so I'm happy.TP
northern pike hunter
10 Mar 2016
Re: placing Market seems to have absorbed the prospect of £35 million worth of shares reasonably well, but it is going to be some time before those optimistic broker predictions of £1 per share are going to be fulfilled. With the recent management changes and creation of the war chest, Forrester has clearly got the acquisition of another dealer group in his sights. One wonders which one?
tommytomata
09 Mar 2016
placing bit annoying
theprior
09 Mar 2016
Placing Already on it's way down to placing price of 62.5.At least it looks like we might get the chance to buy a few at that price 
)TP
gravy
13 Feb 2016
Re: Risky at the moment Looking like decent value at the moment ?
Misty Creamybib
20 Jan 2016
Re: Risky at the moment There are lots of stocks which have weathered the previous 9 months which are now getting hammered.Just look at Adept Telecom as well - No rationale reason for a 12% sell off.I agree - Hold your nerve with shares which demonstrated growth at a good forward P/E
tommytomata
20 Jan 2016
Risky at the moment Hard to know where to look at the moment I am getting slaughtered all round But I think for me anyway this is a good "buy in" price for the future Car s selling well, oil low etc I am going to stick my neck out and top up.
BuySel
20 Oct 2015
Re: Spike up at end of trading reason for the spike:There was a 70.50p intraday high during the last 3 weeks on moving over that point the spike took hold and that was what cause a "breakout " with the spike
BuySel
20 Oct 2015
Spike up at end of trading A flurry of trades during the last 30 minutes mostly "AT" got the stock moving till the end with a large "UT" @ 72.25p at over the offer price 72p16:35
372.25p58,545K UT
II Editor
14 Oct 2015
NEW ARTICLE: Cash-rich Vertu Motors shrugs off VW scandal "With a strong consolidation strategy and more expensive cars in its showrooms, car dealer LSE:VTU:Vertu Motors has just reported record interim profit growth and its eighth consecutive half-year increase in like-for-like used car sales. Even the ..."[link]
