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 :)
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.
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