mahindra &sibs, page-6

Impressive website, I clicked on the Australia map on their main site and got their local site, they are also into aerospace, the joint strike fighter programme and farm machinery as well.

The main driver for share price, if any will be dependent on any improved/confirmed financials and sales figures in the next few months being released.

There would have to be councils, Mahindra and possibly others in the process of placing orders if you can read between the lines on some of the recent announcements.

On the "spec" penny dreadful, I prefer " penny delightful" angle it was explained to me once that a lot of larger funds have parameters on buying into small caps and many won't do so until the company reaches a certain market cap.

Until the share price goes up we won't be on their radar, however once the company does get a larger market cap and reaches an acceptable size then an extra price driver may very well be larger funds buying into ABV.

I for one will eagerly be awaiting the company updates / financials as they progressively come out over the next year.