2CC - 2 Cheap Cars Group

[Plata]

Hold the line folks, hold the line (this is not investment advice )

[Otago K]

Hold the line folks, hold the line (this is not investment advice )

Indeed just a discussion of existing shareholders sharing perspectives from what I've seen.

[Ferg]

Trading update for June but not marked as price sensitive..?
https://www.nzx.com/announcements/477221

$1.7m NPAT for Q1.

[winner (n)]

Trading update for June but not marked as price sensitive..?
https://www.nzx.com/announcements/477221

$1.7m NPAT for Q1.

$1.7m times 4 = $6.8m plus boost over summer = $8m for full year

H2 generally seems better than H1

[Basil]

There is a rumour going around that some dog did some very fierce barking to beat them into submission to issue that trading update and a further one on 14 August so the market remains fully informed during the takeover period.  Of course I couldn't possibly comment. 

Opinion.  In my opinion 80 cents is egregiously low and completely unreasonable and if Sena & Co want to take the company private he will have to make a considerably improved offer.  I intend to reject the offer and now hold just on 320,000 shares.

[Dolcile]

Wow, some buying at 81c this morning.   Watching this with interest :-)

The 2CC thread on the other channel seems to have disappeared ?

[winner (n)]

Wow, some buying at 81c this morning.   Watching this with interest :-)

The 2CC thread on the other channel seems to have disappeared ?

Market thinking higher offer on way?

Thread still there

[Basil]

Trading update for June but not marked as price sensitive..?
https://www.nzx.com/announcements/477221

$1.7m NPAT for Q1.

On track to approximatley triple the first half result from 1H FY26.

[lorraina]

In 2CC's annual report under FY27 Priorities they stated;
"The company is also exploring further network opportunities to support future volume growth and customer reach".
I can not recall this being mentioned in the inadequate independent report.
Therefore this is interesting;A new dealership,with 53 cars for sale today.
2 Cheap Cars Henderson Dealership�


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