Cazoo Group 🚗💵🚗 - CZOO - Share Chat

Can anyone from Freetrade support add icon “join discussion” on free trade app?

Cc @Rajan07

Well I never… They are Seriously ramping up advertising and marketing at the moment. Did not know they are floating

They growing very very fast - taking over biggest car sell companies in Europe.

I working for them :slight_smile:

Why has the stock effectively halfed over the past 2 months?

Iv not seen any bad news, just the good one. (last one was acquired brumbrum in Italy!)

Because we are in the midst of a ‘pandemic stock’ crash. Zoom, Peloton, Cazoo etc etc, were all way overvalued and are coming crashing back to earth.

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Cazoo are targeting 200% revenue growth and 100,000 car sales in 2022.

They have rasied $630 million in capital to fund this growth.

13 pence now… worse than crypto

Is there a chance now they will be delisted like Astra might be

From what I understand it won’t effect you unless you own shares under the ticker symbol CZOO WS.

I think that symbol is for employees only but obviously cazoo isn’t doing too well right now. I’m a long term investor and I’m holding with cazoo. I think they have a future it’s just very difficult times out there right now.

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Cazoo are consolidating stocks in accordance with the $1 regulations.

Has anyone else taken a look at this one? It’s covered in red flags but have to wonder if it’s a lottery ticket?

Cash runway for 2-3 years and have recently cut a lot of costs shutting 15 of 22 car centres and have slashed their marketing spend.

From sn $8 billion valuation from IPO to $40 million now and heavily in debt. Not one I would touch but not done any meaningful research.

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Like Cineworld on paper potential but realistically it’s in a very competitive market which if the economy keeps heading down it’s only going to get tougher for them as they are cutting costs / closing sites rather than growing

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It a Icarus level fall from grace isn’t it @Coolsmp

@Henners21 I was banging to anti-Cineworld drum loudly but that was because it was a basket case in a dying industry. Cazoo seems like a basket case in a stable industry? Maybe? It could be one hell of a reach but at these valuations only a little good news could effect the price dramatically.

Might need to dig deeper.

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Look at https://www.constellationautomotive.com/our-brands

Look at the control they have of The sector and see if you believe Cazoo can compete

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Marshall were forced to sell the Toyota and Lexus dealerships else where in the car dealership world Pendragon sells all of their dealership network.