BCA Marketplace PLC (LON:BCA) is the topic of conversation with Head of Research at Zeus Capital, Mike Allen. Mike talks us through the main points of the H2 results, the key themes in the report, how this affects forecasts and shares his thoughts on the current stock valuation.
BCA Marketplace plc (the ‘Company’), and its subsidiaries (together ‘the Group’) operate in the automotive industry. The Company was incorporated in April 2014 with the aim to acquire and manage companies in the UK and European automotive sector. On 2 April 2015, BCA Marketplace plc acquired the BCA Group (‘BCA Group’). This was followed by the acquisitions of SMA Vehicle Remarketing Limited (‘SMA’) on 1 June 2015, Stobart Automotive Limited (‘BCA Automotive’) on 25 August 2015 and Ambrosetti (U.K.) Limited (‘Ambrosetti’) on 4 February 2016. On 18 July 2016 Paragon Automotive Limited Group of Companies (‘Paragon’) was acquired, followed by Supreme Wheels Direct Limited (‘Supreme Wheels’) on 31 March 2017.
You can read Mike Allens research note here