LKKRF News and Press, Lookers PLC

Lookers is set to publish its long-delayed results next month. The long delay has slightly soured my view, but there is still potential value here for the long-term investor with some risk appetite. In anticipation of the accounts being published, I outline key points to consider ...

U.K. car dealer Lookers plc ( LKKRF ) has delayed its results again and extended its probe into historical financial misstatements . While that sounds like bad news for the company, I actually think that it is probably not bad news for the already bombed out shares, since the impact will like...

When I recently wrote about British car dealership Lookers ( LKKRF )(London-listed, on the U.S. OTC markets it trades under the ticker LKKRF), it had uncovered accounting anomalies. In Staring Into The Abyss: Lookers , I concluded, “Until there is clear evidence that the company has co...

Lookers is a long-established car dealership chain in the United Kingdom. The economic downturn associated with COVID-19 lockdown has hit it, but more alarmingly it has also revealed discrepancies in its accounts and potential fraud. My thesis is that there are too many unknown elements to j...

The following slide deck was published by Lookers PLC in conjunction with their 2018 Q2 earnings Read more ...

Originally posted on Read more ...