Member Info for laidback

barrier will soon be smashed!! GL to all inchcapers

positive imo have a read...... http://www.inchcape.com/mediacentre/news/?id=153504

from company has said results date is 10th march - 7 week wait answered my own question!

last year's results were delayed - are the full year results normally out in late february?

you could be right ive taken a 20% plus profit from pdg, but it cud roar past 30p in the near future. however i think there may be a slight retrace before that next day or two. even a 1p or two is worth several thousand pound to me, so i like to buy back cheaper. most likey be back in here soon inch has no debts, and looking at 150m profits for 2009 and im comfortable to be there at the moment GL

as i anticipated

PDG has had a very good run recently and rose 33% over a few weeks. Luckily I enjoyed most of that ride with all my dough. It is quite highly leveraged company, although debt levels are reducing. I think INCH will make £150m pretax plus come 10th, which puts them on PE of less than 10 for 2009, which was a bad year for INCH profits! So the company does look undervalued. INCH looks to be a solid investment to me, a company with no debts and big profits. I think we'll see the SP start to move above 30p in the run up to results, maybe as high as 38p GL

im happy to take a 20% plus profit on any share - im sure pdg will do fine and get to 30s looking at inch - its got no debt and profits of £100m plus, so could be paying a dividend when final results are announced - looks very undervalued, like pdg Continued GL to all here - I probably will be back soon

maybe lol

more I look at the figures for INCH, the better it looks Very happy to have got in today! Just need the market the wake up - which it will shortly

Inchcape chairman buys 22-12-2009 16:07 Inchcape non-executive chairman Ken Hanna has nearly doubled his stake in the vehicle distributor and dealer. Hanna has acquired 330,000 shares at 29.58p each, costing a total of £97,614. That takes his stake to 700,000 shares. Hanna acquired 333,000 shares at 6p each in April's rights issue. The purchase follows a pre-close trading statement that said that the 2009 figures will be "slightly ahead of expectations". Revenues fell by 11% in the eleven months to November 2009. In constant currency terms the decline was nearly 18%. The like-for-like decline was 9%. UK dealerships are benefiting from the government incentives for car buyers. Second hand car margins remain high. In contrast, the rest of Europe is weak. There are signs of recovery in Australia and Hong Kong. A global recovery in the car market is not expected until late 2010. Inchcape should be debt free by the end of the year and will report its 2009 figures on 10 March. Top Director Buys Inchcape (INCH) Director name: Mr Ken Hanna Amount purchased: 330,000 @ 29.58p Value: £97,614

INCH is due a rebound very soon - i had to wait 4 weeks for PDG to make a good run - ive taken profits there- i think INCH had been wallowing in the 28-30 range for far too long, and a breakout over 30p will happen very very soon - perhaps starting tomorrow GL all

Has no debts, is that right?

You seem t o have a nice lifestyle there - are you a full-time trader?

INCH for now - sold PDG today

£20-£30m profits for 2009 but with 288 dealerships, each one is valued at only 625k at current sp - so still a long way to go for this sp GL

strong buy

this is still s tong buy imo

these did recently hit 45p - i think we could be near those levels in the run up to results

we've reached your 28p target already!! 30p within reach - earlier than i anicipated!!