Member Info for pageyboy55

First close above 500p.

This share is really motoring now and there seems to be limited selling.

Can anyone kindly explain the strange pricing as currently shown above.

Share Price 454p Bid 468.50p Offer 469p

I was very surprised that the "actual" price dropped circa 15p right on the closing auction call.

7p gain on the day is reasonable but 22p ish gain would be better.

Yes Ellie agreed, but an understandable little slippage of the share price towards close.

I always thought Lithia would eventually want to capture Pinewood, but the liaison in whatever form would not go down well with non Lithia dealers. So this move, gives Pinewood unfettered access to the US market, helped by the opening of a Florida office.

For any long standing Pendragon punters, who suffered years of trauma and disappointment, Pinewood and its (hopefully) re-set share price makes any perseverance in the past, highly rewarding now. Again Mr Berman has earned his wages!

Going gangbusters at the moment. Since the VW Japan announcement, the shares have re-rated and there seems to be strong demand. Shares comfortably above 400p.

Another good day, but teasingly short of 400p.

A great week for Pinewood shareholders and hopefully passing 400p next week.

Mr Berman has done an excellent job. Seeing through the sale of the highly volatile Pendragon car business and now heading a sustainable technology business. I remain of the opinion that this is a future takeover situation.

I think it is just market caution. Pinewood should announce good results, but it is the future relationship with Lithia in the USA that really is the driving growth prospect. Thank God no longer Pendragon here!

There is no current dividend.

This is brilliant news. A substantial contract with a big UK dealer. Hopefully more to follow with US the major prize.

Nice this has rekindled a falling share price.

Excellent post Barney.

I think Lithia will want to acquire Pinewood. This would be best undertaken sooner rather than later and Lithia has an aggressive approach. Once the Pendragon dealerships are fully digested and the initial US roll out of Pinewood is assessed, I think they will want to mop up outstanding stock.

Whilst only a hunch, if this is the case, for me anyway, a very positive end to a near 20 year relationship with "Pendragon", most of which were despair.

SP pushing on nicely now. Gone hopefully are the bad old days with Pendragon and negative volatility.

As Fergusson would say "It's squeaky bum time"!

A disappointing outcome. I had hoped we would have had a bidding war, but it has all ended in a damp squib.

PDG has always had the ability to disappoint and even at the bitter end it still delivers.

Lets hope Pinewood is warmly received by the market, so what we "lost" in the bidding war, we gain on the SP of Pinewood.

I note Berman gets a nice payday! Assuming it goes through of course.

Again from memory, I am sure I read in The Times that Zeus Capital had valued Pinewood ALONE at £400M.

I'm not sure the vote is tomorrow, thought it was the 6th?

40p must be on the cards and then I can recover sanity after 18 years of hell!

I have been a long suffering shareholder in PDG for many years. My original holding was bought at 80 p OUCH! And even after a profit warning! I recall the shares as low as 2p (credit crunch time I think) and nearly phoned PDG to see if they were going bust. Like David, I have enjoyed limited successes, but many disappointments. Only by averaging down over the years have I managed to stick with this share. Incidentely, does Berman hold any shares?

My understanding is that we will receive a cash dividend of 16.5 pence per share (more or less the price pre bid) and then own shares in Pinewood, value to be determined.

Whilst I think this is not a bad outcome and allows Pinewood to perhaps push on price wise in a sector more attractive than flogging cars, I would be surprised if Hedin don't show there hand, after all Trevor Finn, despite making appalling judgements, does at least know the value of this business.

From memory, the SP went to around 1pence. I recall telephoning HO to ask if firm was going bust. Trevor Finn has been at the helm for many years. Whilst he cannot control external events, if he was a Football Manager he would have gone years ago. Worry is the near future, confidence in this share shattered. As I have said many times, best taken over and broken up. MC �300M. Chicken feed to Inchcape or a Hedge Fund.

My previous post sadly has come true. Terrible share - continued downside. Probably will wait and see if it goes to 20p. Stalin - do enjoy your retirement. Sadly this share is a big part of my retirement or at least was!

Good Luck Stalin, you are going to need it! Heading lower this morning. Will be buying around mid twenties.