intersting times29 Jan 2010 20:57
Interesting post Marleyman, surplus property is an issue which is why Pendragon are looking to utilise the property they can't dispose of by trying out new ventures. Triumph motorcycle dealerships opening in Leicester and Wolverhampton (look on their jobs website) plus the utilisation of other property under the Quicks name. I think this share is going places, hence I hold a (small) amount. Full year results due mid Feb which should be positive plus the new Triumph relationship and secure loans for the next few years give Trevor and Martin the chance to do what they do best, build the business using their experience and new streamlined expenses to drive the business forward for the next few years. As always, DYOR and don't take my word for anything, i'm new to shares but stick to what I know - the motor trade.