The car yard boys report tomorrow and by all accounts it should be positive, even though the share price has tracked sideways for some time. The Perth hailstorm would have been an absolute bonus for these guys. They would have been paid out by their insurance cover and then flogged the cars above the salvage value.
I still believe a NPAT - $54m, divi - 10-10.5c ff.
Over these marks should see positive response, below these and a less than positive outlook it could head to $2.
DYOR Pep
AHE Price at posting:
$2.48 Sentiment: None Disclosure: Held
