Member Info for Scarfell

I wish I never gone near this particular ship (laughably tipped at 685p in Dec 21 by that rag IC), whereas I'm sure Tim has done very well out of it.

The share price was 580p at the covid nadir of March 2020. Went lower to 290 in Oct 2022 and a long way from over 1000 in May 2021 - all complicated by the large share issue in Sept 2021 which dropped the price to about 650p.

I too have topped up but it's a long way from that sage (not) Simon Thompson of IC who had some of parts valuation at 170. That guy has cost me lots in various share tips. There should be a health warning on the cover of that rag.

Share price down today on seemingly small sells and then a purchase of 25000 shares lifts the price by 2p. Very odd.

Yes - sold results if not spectacular. I bought yesterday wondering if the price reflected people-in-the-know selling - but probably not the case. The price should move on up from here.

The share price is saying this does not make sense - time will tell.

Who do you trust here? Are Hedin going to do more due diligence and find something they don't like which might be enough to remove any interest from Lithia. Is the software really worth as much as they are suggesting? Why are the board seemingly so keen to get out of the car dealership business when others are keen to get into it (e.g. the recent purchase of Lookers by Alpha Group).

Well EPS is well down, perhaps reflecting the 10% increase in headcount.

Yes - if it didn't have so much debt.

The unaudited interim results all sound good, yet net debt increases despite them flogging off land. Puts me off investing in this share.

Business doing pretty well considering many people are sitting on the sidelines when it comes to investing. You can't stay on the sidelines forever and their savings initiative is happy to pick up those that linger. It will be interesting to see what broker analysts predict.

Will it go through? Back in Summer 2022 it seemed that Hedin had enough shares to block Lithia's offer of 29p. The current offer seems a bit less, though more complicated.

Well they certainly don't reflect the miserable share price and PE ratio.

This business would appear to be flying.

Do they know what they are doing at this company? Anyone see any cheer in these results?

It's starting to feel as though this might gain quite a lot in the next few months - but I'm so much underwater that I struggle to put that behind me.

Good to see some stake building - albeit a modest 3%.

Someone bought 200,000 of this disaster share - what goes?

I'm with you - hardly excellent results, though the bullish tone in the RNS would like to convince us that they are. The share price would have gone the other way had they been excellent.

Just noticed the drop today and was expecting to read some grim RNS but can't see any reason for the large drop. May well buy in the morning. I have a feeling Trainline could become the Rightmove equivalent.