CCC 31 Posted May 13, 2019 Interesting to see Autotrader Shares being rated as a “sell” in the press this week. Rationale was that dealers had been squeezed as far as they could be and that they were now highly vulnerable to the downturn in the car market. Hard to argue with that. I wonder if their prices might soften to draw dealers back? Though I doubt it as they will now be trying to maintain turnover. Sometimes you need to consider what’s maintainable over the long term. Share this post Link to post Share on other sites
Darkbluecars 10 Posted May 13, 2019 Unfortunately if I'd invested all my company capital in buying auto trader shares five years ago rather than selling cars I would have done far better financially. But where would the fun be in that. Share this post Link to post Share on other sites
Mojo121 229 Posted May 13, 2019 On 26/04/2019 at 9:33 AM, Mojo121 said: Everything's cyclical. AutoTrader is at it's boom at the moment, highest share price ever and huge profits. I'd guess they've squeezed all they can. Looks like my recent guess was right, there are quite a few large funds shorting them at the moment. Share this post Link to post Share on other sites
trade vet 704 Posted May 13, 2019 AT stock are up 50%,yes 50% in 12 months @ 580p.I thought they were too expensive at £4 a year ago,so I know little.The company is now valued at a whopping £5.2 billion ! They net £200m on £300 t/o ! mostly thanks to us ! It’s just Sell in May and go away advice.When you consider Dealer groups doing £300m struggle to net £1m.Investing in BCA might be a better idea at the moment if they drop to 180p but I doubt they will,they are on my watchlist. Share this post Link to post Share on other sites
It's me 615 Posted May 13, 2019 every business has its day currently everyone is looking for the next uber to invest in got to be better than 0.25 interest Share this post Link to post Share on other sites
trade vet 704 Posted May 13, 2019 1 hour ago, jason doyle motor sales said: every business has its day currently everyone is looking for the next uber to invest in got to be better than 0.25 interest Ha Ha Jason,I don’t think so,Uber dropped 8% on their opening day ! Meanwhile the original investors who risked many millions have made billions and Uber are still losing money ! Share this post Link to post Share on other sites
It's me 615 Posted May 13, 2019 13 minutes ago, trade vet said: Ha Ha Jason,I don’t think so,Uber dropped 8% on their opening day ! Meanwhile the original investors who risked many millions have made billions and Uber are still losing money ! well im putting my money into tulips Share this post Link to post Share on other sites
Tony911 79 Posted May 13, 2019 2 hours ago, jason doyle motor sales said: well im putting my money into tulips I'm putting mine in a ice cream van Share this post Link to post Share on other sites
trade vet 704 Posted May 13, 2019 1 minute ago, Tony911 said: I'm putting mine in a ice cream van No good in London,Sadiq Khan has banned them ! Share this post Link to post Share on other sites
Tony911 79 Posted May 13, 2019 That was going to be my local round NOT Share this post Link to post Share on other sites
Arfur Dealy 823 Posted May 13, 2019 2 hours ago, trade vet said: No good in London,Sadiq Khan has banned them ! Why ? Share this post Link to post Share on other sites
trade vet 704 Posted May 13, 2019 1 hour ago, Arfur Dealy said: Why ? Hi AD, Something about the emissions when they are stationary doing business and still ticking over and also they are often parked near schools...........far more important to clamp down on ice cream vans than knife crime ! Share this post Link to post Share on other sites
have a word with the wife 299 Posted May 13, 2019 (edited) 4 hours ago, trade vet said: No good in London,Sadiq Khan has banned them ! 2 hours ago, Arfur Dealy said: Why ? sadiq khan is mr whippy ! dont go on mr whippys turf Edited May 13, 2019 by have a word with the wife Share this post Link to post Share on other sites
