Member Info for taters

any new investor can check back an compare todays results ,also can see the company size an what it has to offer in turbulant times imho pen has performed very well an there is a good upside here ; )

just to show how pendragon has an is performing ,the right stratergy an moving forward in its outlook atb.

The company, which has 236 franchise dealerships in the UK and nine in California, also outperformed the market in used cars with like-for-like sales volumes rising by 12.1 per cent over the year. However, the star performer in 2010 was its Stratstone business, which sells luxury Aston Martin, Ferrari and Porsche vehicles through 98 franchise points. Stratstone grew operating profits by 57 per cent to £29.2m due to strong operational leverage as its costs remained flat year-on-year. While Pendragon still has net debt of £325.5m, and although it passed on a dividend, its prospects now look far rosier than when its future was in doubt during the credit crisis. Moreover, despite its share recovering from a 12-month low of 16.5p, it trades on a forward earnings multiple of 6.6, which makes us think they will roar ahead. BUY. just shows how cheap this is now atb

Pendragon doubles profit. Tue 22 Feb 2011 LONDON (SHARECAST) - Robust demand for new and used cars helped PENDRAGON , the UK's largest car dealer, more than double full year profit as momentum carried forward into January 2011. Underlying pre-tax profit rose to £25.2m in the twelve months to 31 December 2010 from £10.1m the year before. Revenue rose to £3.6bn from £3.2bn before. Pendragon said the strong recovery in Stratstone and improvement in the Evans Halshaw divisions has continued and the results from California and the Support Businesses are encouraging. "While the group performed well in 2010, what's more pleasing is to see that momentum carried forward into January, and we look forward to it continuing during 2011," said chief executive Trevor Finn said in a company statement. No dividend payment has been recommended as it focuses on paying down debt.

DRC exploration carried. A recent high profile farm-out agreement with Total provides a full carry to FDP and substantial bonus potential, which in effect derisks the play for SacOil and brings forward the cash flow profile in a success case. The gross resource potential for the block is estimated at 512mmbbl and the first exploration well could be drilled as early as 2013. Valuation. Our total NAV for SacOil is 11.7p/sh offering 183% upside to the current share price. Risked assets make up the majority of this valuation, with Nigeria contributing 8.1p/sh and DRC 2.6p/sh. Core NAV includes financial items (0.7p/sh) and an assumed disposal valuation for the Greenhills manganese plant (0.4p/sh). On the current share price, SacOil trades a 0.35x total NAV.

A portfolio of lower risk appraisal opportunities in Nigeria, and high impact exploration acreage in the Democratic Republic of the Congo (DRC) on trend with discoveries surrounding Lake Albert, provide an exciting platform for a new Africa-focused upstream company. An aggressive acquisition-led growth strategy should see the portfolio continue to grow rapidly as the company seeks to exploit its African identity and key relationships. Trading at 0.35x total NAV, this upside potential appears overlooked by the market despite its early track record in securing highly prospective acreage. Acquisition-led strategy targets African upstream assets. Since becoming an upstream oil and gas company, SacOil has made significant progress securing three high impact exploration and appraisal assets in DRC and Nigeria. Importantly, it has credible partners in Total and EER to operate these opportunities and is targeting an aggressive work programme to unlock the significant upside potential. Near term production in Nigeria. SacOil’s strategy in Nigeria is lower risk with a focus on acreage containing existing under or unexploited discoveries and near term production potential. Two deals have been announced (OPL 281 and OPL 233) providing exposure to 118mmbbl of contingent resources and material follow-on opportunities.

http://www.sacoilholdings.com/im/files/e/SacOil-Initiation%20of%20coverage-29-nov-2011.pdf

the more i read your posts the more i begin to like the gut feelings ,will try to add were i can mate you do keep the flag flying .atb : )

Busy at work today ,keep up the informed posts ,allways checking in just to make shaw everyone is behaving lol atb looks like a good day coming ; )

High impact exploration acreage in the Democratic Republic of the Congo (DRC) provides an exciting platform for SacOil (LON:SAC), according to finnCap analyst Will Arnstein. The analyst notes that the DRC assets are on trends with recent discoveries in the Lake Albert Basin. He points out that they have gross resource potential of 512 million barrels and the first exploration well could be drilled as early as 2013. SacOil’s exploration costs are covered through a joint venture deal with French major Total, which was agreed earlier this year. Meanwhile SacOil has farmed into two appraisal-stage projects in Nigeria, though its joint venture with Energy Equity Resources (EER). Arnstein highlights that SacOil is targeting lower risk acreage in Nigeria. He says the area already has existing under or unexploited discoveries and near term production potential. The Nigerian assets give SacOil exposure to 118 million barrels of contingent oil resources, Arnstein added. The analyst also believes that SacOil will continue to expand its business. “An aggressive acquisition-led growth strategy should see the portfolio continue to grow rapidly as the company seeks to exploit its African identity and key relationships,” he said. “This upside potential appears overlooked by the market despite its early track record in securing highly prospective acreage.” According to Arnstein SacOil shares are worth 11.7p a share, which is some 180 per cent high than the current price of 3.875p. The analyst point out that risked assets make up the majority of his valuation. He says that the Nigerian assets contribute 8.1p a share and the DRC asset contribute 2.6p. Additionally there is a penny in the valuation for financial items and an assumed value for the disposal of the group’s legacy manganese plant.

nice post fella ,hope you are well bit busy on slme .catch up soon atb .

could be wind best have a peppermint fella lol

be held till monday : (

i caught a big one ,the surf was up an took it wooohaar ,left the board close to the beach ready to ride again a smaller board but will be very happy if the wave traveles further ; ) here could well turn out to be sunarmi style fella .

nice bit of blue again ,need some volume just had a hell of a ride in htt lol atb

recovering ftse 0.10% up slowly slowly catch the monkey .

a nice play if its pulled off .

above the bid so could well be ,sou is having a bad time someone is off loading may well see a large trade filled will keep an eye .

are yes as long as its short an sweet an not couch !!!! atb

Agree the possibilities of a aquisition seems to be more on the cards now debt clear ect .could well be more than a couple of nuts in the sac this xmas ; )