The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Seems very undervalued after today’s results.
Pendragon PLC (the "Group") today provides a trading update and increases underlying profit before tax guidance for the full year to 31 December 2021 to a range of approximately £55m to £60m.
A strong close to June, combined with continued momentum in the used car market throughout July, with industry wide supply constraints leading to exceptional gross profits per unit together with good levels of demand driving further outperformance against the Board's expectations. The Group was able to maximise its used car performance during July by maintaining good levels of used car stock availability in a constrained market demonstrating the benefits of its broad range of vehicle sourcing channels.
RNS out
10x more buys v sells
Up nearly 10%
Swanny27 can you compare Cinch with Pinewood I thought they were totally different?
Hi Kev keep em peeled!
The only news we hear about this company is indulgences in remuneration for the Directors and promised land results which never materialise...maybe the Chairman ought to sit down with the CEO and devise a coherent plan....oh that's not possible because the Chairman and the CEO is one and the same man !
Pinewood, it has multiples of the cars of say Cinch which is valued at multiples of Pendragon.
One day realisation will come on the overvaluation of the techies, and undervaluation of the likes of Pendragon and we should meet in the middle.
How long before that happens?
Hope so, but I have high hopes of multiples of this when the online system is fully separate and developed.
Can we finally break 20.00 today?
19.75 ask
Chunky buying and a near 5% rise, 20.00 broken soon hopefully.
Who can make head or tail of what went on today. $100m sells then reversed, a stack of 18k and 2k buys, then a few 5m sells.?
Anyway it went up a bit!