Member Info for skier1

UK has ~£200 billion of lockdown cash to spend... on the 3 Cs... clothes, coffee shops, cars...

Oz, like them both.

PDG and LOOK are both transitioning to *online-first* car sales. That is where the future growth sits. Both firms understand the modern world is about becoming the "Amazon of cars". Browse, click, finance, buy, collect, deliver, aftersales, OTA updates, rebuy, repeat.

Getting ready for another leg up and a shot at £2.

Up she goes.

It will get busier here as the giant £5 billion *Cazoo* float approaches in a few weeks.

PDG is readying for a relaunch of Carstore.com and its *digital transformation* from Arthur Daley to tech unicorn.

PDG has superb online assets (much better than you think) and is ripe for *takeover* or merger with Lookers, Cazoo, Carzam, Driverama, Carvana, and perhaps even Amazon.

The new wave of online car-retailer unicorns has only just begun.

Investors need to be thinking in the billions (not millions). Lookers is no longer a car dealer, it is a tech unicorn. Click and Drive is one of the biggest online players in the UK. If the online unit is spun off and floated in New York, where investors are much more advanced, like Cazoo, upwards of £10 billion is possible, or £25 a share.

UK economy is trampolining, getting much easier to finance cars, online revolution with valuations in the billions... PDG and LOOK are revving their engines.

London shopper footfall this week soared +60% to +125% YoY. Shop rents (costs) are -30% cheaper. Vaccinated shoppers have billions of pounds of saved cash and are ready to binge. After a year of slobbing out in trackies, people will want to dress up smart. Lots of strong market tailwinds for TED.

https://www.standard.co.uk/business/leisure-retail/hammerson-brent-cross-shopping-footfall-b930053.html

It is 2021... Not 1961...

We live in a tech world. Tech is the future.

Think forward. Not back ;-)

Lol. That is *precisely* why Cazoo is IPOing in NY and not London... ;-)

Unsophisticated Brit "investors" stuck permanently in the last century, determined to stir relentless misery and hysteria and talk everything down...

For well over a quarter-century, the US has been seeding trillion-dollar tech firms with their foresight... The Nasdaq has gone to the moon by +7000%... All while Brit "investors" sneer from the sidelines and whine relentlessly about the past... Very, very old-fashioned and woefully out of tune with the modern future world.

Lookers is about the future. And the future is the *digital disruption and online revolution* now sweeping car sales. Its (much more popular than you realise) Click and Drive platform is in prime position to be the Amazon of cars for the 2020s. That makes it a hugely valuable asset as a standalone business or takeover target. Cazoo, Cinch, Cazam, Driverama, Carvana and even Amazon have billions and billions to spend and will be well aware of Lookers and its juicy 5-15% UK market share...

As the giant £5 billion Cazoo IPO draws closer in the coming weeks, Lookers will come into sharp focus...

Carzam has set a target of selling 20k cars online in the UK in FY 2021. Lookers sells more than that in one quarter. One article recently suggested Lookers might now be worth £12 billion (current marcap is £0.3 billion).

Lookers is already up +300% in a few months and the online car revolution has only just begun. LOOK can be a millionaire-maker. Cazoo is pushing car-dealer valuations into the billions. Cinch, Driverama or Carvana will need to spend billions to keep up.

TED also looking to have huge upside potential here. A £50m EBITDA in 2022 and similar rerating to Dr Martens, a China fashion boom, NXT hovering like a vulture, will send TED to £4-6 in a flash.

TED + LOOK = boom...

You're thinking of the "old" Lookers... You need to view it as the "new" Lookers... Lookers (LOOK) today is 5 times bigger than Cazoo online... Cazoo is about to float its IPO for £5 billion... Lookers' current marcap is just £0.3 billion... Cazoo, Cinch, Driverama and Carvana have billions and billions ready for takeovers... Lookers owns 7% of the whole UK car market and 10-15% of the online segment... The upside potential for Lookers is huge.

Back to TED -- closing near the daily high. The highs are getting higher. Punching thru the 155-160p resistance line. All bullish signs.

Growing rumours that NXT will buy TED.

Dr Martens has roughly the same revenue as TED -- but its valuation is 16 times higher.

TED has massive upside potential from here.

* DOCS = £0.7b revenue + £4.7b marcap...
* TED = £0.6b revenue + £0.3b marcap...

Younger folks under 40yo are moving online. Older folks over 40yo still want the showroom experience (for now). The 14-day "return guarantee" is the new test-drive for online car purchases.

Dealers = try then buy
Online = buy then try

The beauty of online selling is "winner takes all". Become the most trusted online brand, and you can crush everyone. Think Amazon, Rightmove, Asos, etc.

Looks like a (very) strong bounce off the 200 SMA and 200 EMA lines, combined with early shop reopenings. The 200p level is within reach.

Even better for Lookers! They have 2 irons in 2 hot fires. Online is soaring. Dealerships are rocketing. LOOK has all bases covered.

Based alone on LOOK's prime online position, the valuation here needs to be up in the billions.

LOOK is (much) bigger than Cazoo, which is floating for £5 billion in a few weeks.

As the Cazoo float draws nearer... LOOK / PDG will get hotter.

That all sounds very "British" and determined to create misery and talk everything down ;-)

The future trends are clear. The UK online car market is soaring, online is the new high street, LOOK / PDG are at the forefront of that online car market, and the valuation here needs to be in the billions (not millions).

The car industry is now undergoing a once-in-a-generation paradigm shift.

UK online car sales soaring +100% growth in 2021.

Auto1, German online car platform, is at a record £9 billion marcap today.

Vroom -- which sells 40-80% *fewer* cars online than LOOK -- is today at £4 billion valuation.

Multiple dealers valued in the billions. The industry is changing.

https://www.autocar.co.uk/car-news/new-cars/huge-rise-online-car-sales-continue-2021

Carvana = selling 20-25k cars online a month = £35 billion valuation...
Cazoo = selling 1-2k cars online a month = £5 billion valuation...
Cinch = selling <1k cars online a month = £5 billion valuation...

Lookers = selling 5-15k cars online a month = £0.3 billion valuation...
Pendragon = selling 5-10k cars online a month = £0.3 billion valuation...

Pendragon calls the UK "the world's most attractive used-car market"...

LOOK and PDG valuations need to be in the billions (not millions).

https://cardealermagazine.co.uk/publish/cinch-hoping-for-5bn-valuation-as-it-seeks-500m-investment-while-reports-suggest-cazoo-float-could-happen-next-week/220131