AHG is buying franchises with its ears pinned back. The sums must look compelling to management.
With Ford, GM and Toyota ending local manufacture next year, repositioning to deal imported marques makes sense as their relative attraction will rise. AHG will also be well placed to switch redundant/reduced Ford/GM/Toyota franchises to imports. Manufacturer support in the transition will likely be significant as importers seek market share at a fluid time in this attractive and affluent country.
I like.
Ash
AHG Price at posting:
$3.88 Sentiment: Hold Disclosure: Held