(PDG.L) Pendragon PLC Buy/Sell

33.12 -0.75 (-2.22%) Down arrow Add to portfolio Set Alert Level 2 Desktop Trader

Discussion

find any discussion board:

Post message

List Previous Next View thread
Respond \| Vote up \| Vote down \| Email to a friend \| Neighbourhood Watch
Author	hugoandmoya View Profile \| Add to favourites \| Ignore
Date posted	2009-11-02 15:08
Subject	It's that time of year
Votes for this Posting	Has no votes for or against.
Message
yes yet another site has closed - 'Stratstone' ex Volvo site in Cardiff last friday(30th Oct), Volvo withdrew their franchise a few months ago(only two Volvo franchises left with PDG from 25 a couple of years' ago), tried to continue as a independent Volvo specialist repairer and the 'wonderful'!!!! UCM sales programme - guess what, yes they failed. Redundancies followed(most voluntary as the long serving loyal staff saw the writing on the wall), it took only a month after that that the doors finally shut on once what was a thriving business ruined by the number crunchers and the 'yes' men currently at PDG, they appoint senior!!! personell at dealerships without any authority or portfolio and expect results, the market has changed and unfortunately PDG has not moved with it, franchises are being lost as many manufacturers are loosing patience with PDG, therefore there will be more sites closing in the near future, will there be much left - i doubt it, i am a share holder(holding losses) so i am therefore an interested party hoping for some recovery with PDG, and unless the very senior directors come to terms with the current market and take positive steps to encourage it's staff towards productivity and profit - yes profit, particularly from it's sales, then i'm afraid it will fail.
Respond \| Vote up \| Vote down \| Email to a friend \| Neighbourhood Watch
List Previous Next View thread

Respond

The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited. You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong. Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.

The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements. Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in. Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.

Discussion Board Terms & Conditions FSA Market Abuse Fact Sheet