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$3.67 automotive holdings group limited.

Ann: AHG FY2017 TRADING UPDATE, page-5

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Ocker

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25/05/17

16:11

Post #: 24913011
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Originally posted by jenkins88 ↑

Judging by the share price movement in the last week it looks like the retail holder is the last to know - so glad I didn't top up yesterday.

We were told at half yearly report to expect an operating profit ahead of FY16 ($97M) - now we have one 10% below expectations ($87-$89m). Share price has fallen roughly 15% in the last week, I'm expecting damage today, wouldn't be surprised to see it below $3 the way this market treats downgrades. I'll probably top up, but will wait a few days to see where it settles.

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So, APE downgrade forecast for 1st half by 7%-9%, and since end of April their sp is of about 6%

AHG downgrade forecast for full year by about 10%, and since end of April their sp is off about 19%

Would seem AHG is being treated a bit roughly!

AHG Price at posting: $3.03 Sentiment: Hold Disclosure: Held
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