Member Info for mathsprof

1 vrg 2 xen 3 sar

look like normal trades to me.

There was a positive 3rd q update at the end of October the market seemed to ignore. I think the upturn now is simply a rerating to bring more into line with Lookers and Inchcape, which are also doing well.

Sorry I missed the trades you are talking about. MM codes are not understood by me, I'm afraid. But there have been similar runs of trades here in the past.

indeed I do - I see bid is up to 0.90p now, but I first bought in well over 1p. No regrets, this will come good - look forward to news of first sale(s) of AX.1 soon.

I must try contradicting you again - a real flurry of buys in the last 10 minutes.

As you say, the other plus is of course the servicing and parts side of the business. Plenty of good money to be made here.

hardly action packed - but I suppose everything is relative. looks like no-one is selling though - since I bet most of us paid a bit more than 0.9p.

Interesting you should think this business is internet proof. It isn't - but PDG are well placed to reap internet generated business as well by getting folk into their showrooms after internet viewing. I bought a previous car from Reg Vardy (as it was then), because of their internet sales. They were prepared to ship recent s/h models to your local showroom for you to look at if you appeared genuine!

Yes. Its been strange watching jjb over the last week or so from the sidelines. Some folk are eternally hopeful. Do you remember when pdg was all but buried at around 2p? The debt is now firmly under control, and the future looks rosy.

I agree about holding for present, but we'll see in the next few days whether the price firms up any more. Unpredictable!

Let's hope the rises continue over the month, so that the wait will be worth while. I, too, suspect the change of date is simple logistics.

Just a few nice buys are having a positive effect n the SP. I wonder if its caught the attention of a big buyer!

PS good luck with your 0.1M shares - only a flutter really. Just looking back since the start of the year. I held approx the same value of JJB and PDG. Interestingly, I have made more profit on JJB since then, by selling at a half-sensible time. However in the long term: PDG + JJB = 0 ie I have lost on JJB approx what I made on PDG!

JJB - yes. I bailed out at a loss at 7.31p after the first bad news. So glad I did. It's not now the kind of share I would gamble on - could go either way, but IMHO most likely to end up zero for shareholders.

Nothing in update to change expectations of the company. So no trades yet today - ie all pretty much as normal here. Eventually this will become more valuable, no doubt, but probably will never be an exciting share to hold.

Thanks yanger for finding out about current prospects. So no news until October then. Dubuary - Panmore Gordon note did forecast eps of -0.03p - I think it was in April.

I agree with eyeguy that there is little likelihood of short term gain here. Those days are over for now. The sp now reflects a sensible valuation of a slightly risky motor dealer, given the high level of debt to service. Both Lookers and Inchcape are trading on higher p/es but they don't have very much debt. I suspect the price will still be around 15-16p in the run up to year-end results next year.

A pleasing set of results - justifying the recent rise to 16p - but no more, I would suggest. Price is finally back to where we were before the rights issue last year - any further rise will have to be justified by further growth.

That's what I've always thought, too.