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Edward
Wake up lad
Checkout Harrogate and Sunderland as two examples of you being wrong. Oh, both incidentally owned and operated and closed by Lookers.
Checkout the closures in Essex, oh, again operated and closed by lookers!!!
Don’t see any of them reopening with a different operator or different franchise
Well if you really think a load of bespoke showrooms are worth their book value then good look with that.
They are valued as dealerships. The problem is your market is restricted to other car retailers generally.
When you have to sell outside of this (and let’s face it if the mighty lookers can’t make a particular location work then who can) then the price will undoubtedly be much less than book.
If your theory is true even more wonderment as to why TB sold at 102.
He knows more than most. Tread carefully
P100 You make a great point
What makes me laugh, no, howl is apart from maybe half a dozen people on here everyone else gets it loud and clear.
So you lot you’re not as clever as you think you are, yes Porky that includes you!!
RRN1
Phenomenal business if a little out of favour as most bricks and motar (excuse the pun) retailers are!!
It has been plain sailing in these troubled times as the manufactures back off and the businesses are left to operate without interference and with less adherence to standards which tend to add unnecessary cost.
Also the fact that all the motor trade have been allowed to restructure and closes loss making / marginal outlets has massively improved their position.
As things get back to normal watch costs go up with the resultant impact on profit.
Used cars need to be a bigger focus than currently, take a leaf out of Arnold Clarke’s book who could well make over 200m in 2021, now there’s something to aim for.
Still can’t work out why TB would cash out at 102 if it’s all as good as they say?
Well he would say that wouldn’t he?????
Cityjambo, great question been wondering the same myself. If these are such golden tickets worth 150 why sell for 102.
He ain’t no fool old Tony that’s for sure
Says untrusted investor!!!!!
Worst case
Can’t argue with the subject heading can we
I’m working on the basis that anything due back like tax / vat is in the Y/E cash so when we pay back 105m (worst case) we’ve got nowt
That’s nothing just in case you didn’t get it
How on earth have you arrived at that figure, prey do tell
It says purchased from Tony B not by Tony B
TB sold his holding
How much cash when the DHSC are paid back?
Monty
How do you work out Tony B is building a stake?
He just sold the shares to constellation ?????
So explain the numbers as outflow sounds like cash out to me
Porky luv
FA to do with me
It’s probably your fourth or fifth
xx
Porky luv
That’s an 84% drop in 12 months and still you talk it up along with your door handle mates Valium, wilson63 and the rest
Lmfho
Thought I’d seen somewhere that a potential 100m was at risk.
So all of it
@neilrich
As have the other side, hence the dispute!!
My money is on the money going back.
All of it
21@s
1/ What can we see that the market doesn't? Sales, profit, no debt and cash to fund growth.
2/ Why would you invest time on the BB of a company in which you clearly don't want to invest money?
You forget they missed their own revenue targets when all around announced overs because of the strength of the market. Tells me their tests aren’t all they are cracked up to be, they only sold what they did because they probably had stock of reagents etc not because customers actually wanted the products through choice.
They have fallen behind the competition who now have superior products.
DA couldn’t say anything cos he had nothing good to say about current or future opportunities.
They have failed to crack on with alternative income streams so have ended up a one trick pony.
The cash!!!
OMG the cash
FFS they are holding it until they have to give it back, they dare not touch it.
I am invested here but unlike you lot I trade it and have done well, I do regularly express opinions around where I think the SP will be but they are just my opinions!
All these *******s calculations about cash and share price ffs!!
Why do you think it is where it is?
What can’t you lot see that the rest of the investing world can see ???
Maybe your large losses cloud your already **** judgement hey