Lookers LOOK seems to tick all the right boxes both technicaly and fundies wise.
Think Ill have a few bob on them in the morning if the markets looking favourable.
Long Term Chart
Looking to take out 100p resistance....
Lookers PLC
FORECASTS
2010 2011
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)
Panmure Gordon
15-03-10 BUY 30.50 5.58 1.80 32.50 5.95 2.05
Brewin Dolphin Investment Banking
12-03-10 UREV
Arden Partners
11-03-10 BUY 31.98 5.70 1.90 36.18 6.60 2.20
Numis Securities Ltd [R]
09-03-10 BUY 31.00 5.50 1.83
Edison Investment Research
09-03-10 None 31.00 5.87 1.00 35.00 6.91 1.50
KBC Peel Hunt Ltd
09-03-10 BUY 31.90 5.91 1.50 35.83 6.63 3.00
Milkstone Ltd
23-02-10 BUY 30.00 5.50 1.00
Eden Group [A]
06-01-10 BUY
2010 2011
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)
Consensus 30.75 5.72 1.65 35.66 6.62 2.12
1 Month Change 0.59 0.11 1.32 -0.52 0.02 -0.08
3 Month Change 1.63 0.43 1.30 3.16 0.72
Notes to forecasts
(12 Jan 10) A flag refers to outlook
GROWTH
2009 (A) 2010 (E) 2011 (E)
Norm. EPS -9.10% -24.22% 15.73%
DPS % % 28.48%
INVESTMENT RATIOS
2009 (A) 2010 (E) 2011 (E)
EBITDA m 55.25m 59.40m
EBIT m m m
Dividend Yield 0.00% 2.86% 3.67%
Dividend Cover x 3.47x 3.12x
PER 7.65x 10.10x 8.72x
PEG -0.84f -0.42f 0.55f
Net Asset Value PS p p p