AHG 0.82% $3.67 automotive holdings group limited.

Had a read of the AHG financial results this AM, lower GP & GPM,...

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  1. 19 Posts.
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    Had a read of the AHG financial results this AM, lower GP & GPM, massive (forecast) loss due to asset writedowns (but noting these are actual dealerships bought with cash not script & now suggesting they've overpaid), & no interim dividend...was expecting a fall of 10-20% (min) if not more. But why wouldn't the market think this is good news...I clearly have no idea what the market thinks !!!
 
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Currently unlisted public company.

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