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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Auto Trader

August 2018

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • AUTO
  • Price:
  • 417p
The shares spiked to 420p after Autotrader, the digital automotive marketplace for used cars,  reported results in line, catching out those who had assumed Brexit uncertainty and wobbly consumer confidence might hurt demand.Pretax profit rose 10% to almost £211m while eps advanced 14% to 17.7p. Operating margin jumped from 65% to 67% thanks to operational gearing. Net debt fell from £355m to £339m (net debt : EBITDA: 1.46x)The main division, Trade, which generates subscriptions from car retailers and home retailers advertising their vehicles on the autotrader website, increased sales 8% to £281m with average revenue per customer forecourt (ARPR) rising £149 to £1,695. The latter includ ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X