Pendragon Shares under 1 1/2p! How will this play out?

[bowboy]

jfm said:

Inchape?

Trading at 18.75 at the moment

peaked at 593 in 2007

So, why have pendragon group share price started to recover, while Inchape bumps along?

It will never go back to 593 as there was a 9 for 1 rights issue a couple of months back

[shamrock]

Anybody investing in Maxport?

http://www.centaurmax.com/maxport.html

"The unique combination of high returns and tax free profits make Maxport an essential element of any investment portfolio today."

Sounds too good to be true.

[Mattt]

shamrock said:

Anybody investing in Maxport?

http://www.centaurmax.com/maxport.html

"The unique combination of high returns and tax free profits make Maxport an essential element of any investment portfolio today."

Sounds too good to be true.

Website looks like a scam to me.

[The Contrarian]

bowboy said:

jfm said:

Inchape?

Trading at 18.75 at the moment

peaked at 593 in 2007

So, why have pendragon group share price started to recover, while Inchape bumps along?

It will never go back to 593 as there was a 9 for 1 rights issue a couple of months back

Agree, its peak value of 593 is equivalent to, say, 66p? So, they could go to half that, ie 33p, if the car market improves.

[shamrock]

Mattt said:

shamrock said:

Anybody investing in Maxport?

http://www.centaurmax.com/maxport.html

"The unique combination of high returns and tax free profits make Maxport an essential element of any investment portfolio today."

Sounds too good to be true.

Website looks like a scam to me.

I thought as much. I just wanted to hear someone else say it as I hate missing out great investments.

I wouldn't be surprised if it's managed by Bernie M.

[johnfm]

any updates to this - any hidden gems lurking?

Inchape up 47% since last week.

[UncappedTag]

Noticed that the Landrover dealership near me had closed.

[ShadownINja]

UncappedTag said:

Noticed that the Landrover dealership near me had closed.

Fancy that. Big, uneconomical vehicles not popular in recession!

[UncappedTag]

ShadownINja said:

UncappedTag said:

Noticed that the Landrover dealership near me had closed.

Fancy that. Big, uneconomical vehicles not popular in recession!

I think more to the point it's in pikey Luton where most people are skint flints regardless of a recession in the first instance. Jag also being a Stratstones is currently unaffected though, so some validity to your point but questionably IMO it's the location. Renault/Nissan dealership also closed down in Dunstaple but reopened as another dealer name.

[Stablelad]

Interesting thread!

[Dakkon]

johnfm said:

any updates to this - any hidden gems lurking?

Inchape up 47% since last week.

Results out today show profits down unsurprisingly.

[johnfm]

Dakkon said:

johnfm said:

any updates to this - any hidden gems lurking?

Inchape up 47% since last week.

Results out today show profits down unsurprisingly.

Yes, but drop in profits must not be as bad as expected - they are up a touch today.

[russ_a]

I just wished I had brought some Rolls-Royce shares at £2 last year. Now £4.18 !!!

[Nano2nd]

russ_a said:

I just wished I had brought some Rolls-Royce shares at £2 last year. Now £4.18 !!!

eh? thats only 100%

if you'd bought PDG.L shares a 1.25p like the start of the thread, then today they are 38ish!!

[Smiffack993]

So what is the general consensus here then guys? SHould we be jumping on the Inchcape band wagon? The evidence and homework i have done suggests yes.....

What do you guys think?

[johnfm]

Smiffack993 said:

So what is the general consensus here then guys? SHould we be jumping on the Inchcape band wagon? The evidence and homework i have done suggests yes.....

What do you guys think?

Inchcape is at 28~ish p now. How far back toward it's peak value can it go?