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Lookers – after last week “results for 2019 are expected to be published by the end of June”...

2020-06-08 11:49:59

Lookers plc (LOOK), describing itself as “one of the leading UK motor retail and aftersales service groups”, last week updated with CEO Mark Raban “pleased to have reopened our dealerships… We have used the time as the business has been closed to adapt and evolve to meet changes in consumer behaviour, not just for a post Covid environment, but also to enhance our digital offering and the trend towards electrification… There is still a lot more work to do, but we have the determination, platform and brand partnerships to take the business forward”. Today “Update on Results”… and the shares currently around 25p, approaching 20% lower...

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Lookers – results delay as “has identified potentially fraudulent transactions”. Uh oh!…

2020-03-11 14:09:00

Previously writing on automotive retailer Lookers (LOOK), in November with the shares towards 40p I concluded the macro and micro level uncertainty sees my stance remain bargepole / sell. The shares previously closed at just below 37p… but are currently around 25p…

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Lookers – “extremely well positioned to take advantage of the many opportunities”… or not?

2019-07-12 11:49:27

From automotive retailer Pendragon (PDG) last month, it was “Outcome of Financial & Operational Review”… as suggested, it ain’t positive!. Today a half-year trading update from peer Lookers (LOOK)…

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Buy Lookers (LOOK): Bull Run Heading For 120p

2013-05-16 05:00:40

It would appear that today is new and used car dealer Lookers’s day in the sun in terms of trading volume, with the 42 million shares traded falling just shy of perennial punting favourite, Lloyds Banking (LLOY).




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