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And happy Christmas to you, too. Best performers (% gain on year) were in fact Plethora and Summit. I only came across PLE during the year - and it has proved a real winner. I can't imagine that I will have 3 shares next year that will double in price or more, but we'll see.
Happy Christmas to you. Just out of interest- what are your top 2 performing shares this year? Apart from pdg, my favourite was cpp.
Do check your sums. SP was 17.5p at start of year - i.e. 100% gain - SP is 200% of original price. Nevertheless its fantastic for all holders, but surprisingly only the third best of the shares I'm invested in. I can't see how we'll double again in the near future. I'll settle for a modest rise next year. Happy Christmas to you too!
What a shame Pendragon hasn't finished the year on a flourish. Nevertheless 200% plus gain over the year emphasises that this is back as a recognised stock. I was hoping for 45p, but would have accepted 40p as a year end position. Still beggars and all that! Let's hope we get off to a brisk start in 2014 with a good set of final half results and an increase in the dividend. 60p by the year of 2014 is my target. Happy Christmas to fellow PDG enthusiasts.
sellers being outdone by buyers maybe? nice rise today
to soon!!! Here on the seller's again.
Let's hope the beginnings of a pre Xmas uplift after a pretty miserable 5 weeks since year high. My end of year target remains 40p.
How kind of you haha , I think it's defiantly one for long term anyway
More interesting facts - thank you. I pencilled in 45p for the end of the year and when it went to 41.75p at the end of Oct, thought 50p was potentially likely. However in recent weeks there has been a lot of trades and limited upside so would settle for 40p by year end. PDG has a knack of disappointing so I hope your comments come to fruition - if so my next car is through you!
Correct from them areas , I know that the whole of our area is up on last years figures and has been for the last 3 years year in year out . The fact they have got into VW I believe is a massive set . The used car market turn over a huge amount of cars and generate a lot of their revenue from finance and insurance . With a process in place and something called UCM I honestly believe the company will take off . I think the price Is still very cheap hence why I have bought in . There is people I work with who have held from 2p and still not selling :)
Interesting comments Buzzzy. Presumably PDGs profits come from a range of sources -New/Used/Repairs/Finance/USA/Chatfields? I assume therefore all areas are "motoring"?! I assume VWs are the obvious brand from a sellability prospective? Your comments on share price obviously reflect a large degree of confidence. Nice to hear something from the grass roots! Good Luck!
I have recently bought into pendragon as i work for the company - i believe they have massive plans moving forward - they have bought over 20 vw dealerships across the UK which will be launched next year - the companys debt is constantly on the decrease - this is only going one direction - i reckon this will double with aprils results
Yes agreed entirely. They were nervy times and it felt as if the comp would fall into the hands of the Banks. Now capitalisation just covers Reg Vardy purchase price. However Trevor Finn is a superb MD and he has kept his head down and battled on. He deserves his multi million pound holding. Hopefully we are out of the worst and better times will yield a higher share price. Must be close to one of the Best Performing Shares of the Year.
Welcome. Yes, the trades on the last few days have been a bit of a mystery. Perhaps price now stabilising around 36p, having had a flirt with 32p last week. Of course PDG nearly did go bust - debt almost wiped out the company - hence the dramatic recovery in last two years, with some decent improved trading, and a reduction of debt.
New on here, so hello to all. Large PDG holding bought through SIPP. Bought holding some years back at around 80p - ouch!! Remember the days of 7p and phoning Nottingham to see if they were going bust!!!! Fortunately topped up with Rights at 9p. Don't understand yesterday. 6m shares bought net of sales if I recall, now all yesterdays gains lost, but buy and sells today balanced. This share is pausing for breath, but with a good set of results early half of next year would envisage 60p as being a realistic price target.
posted from 26th - explains why we opened up significantly on the 27th - and was a buy.. Perhaps the same will happen next week - late trades or opening significantly higher? All in all a strange week here.
One of those a sell?
s. How can we have such massive trades and the price is static. Can't all be buys???
buy..........
Good spot. Good call on your top up.
Well, the RSI never hit 20%, and will presumably now rise from the sub 30%s. Hope the seller is finished. From today's RNS we know who one buyer was, mopping up at a lowish price. If you didn't buy yesterday, you might have missed your chance at under 33p. Certainly it's proved to be a good support level.
There's definitely a seller around. Two days in a row the price has dropped to 32.50/32.75p with many ATs. Now back to 33.75p again, like yesterday. Sub 33p is IMHO a good price to buy in (more). (I managed to get some yesterday.)
Down by approx 10%, anyone any ideas as to why? Fund managers profit taking perhaps?
looks to me to be oversold - I expect RSI will have fallen to below 20% by the end of today. Could be a good opportunity to buy (more).
Slight drop recently although trading ahead of expectations according to last interim management statement so worth monitoring.