AHG
Click for more information
0.82% $3.67 automotive holdings group limited.

I'm looking at buying into this stock. The debt level seems very...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. Mongrel
    2,000 Posts.
    lightbulb Created with Sketch. 27
    clock Created with Sketch.
    07/12/15
    12:53
    Post #: 16560464
    I'm looking at buying into this stock. The debt level seems very high, though (net debt $813M). In their latest preso, they strip out "floorplan finance" to give a much more respectable Net debt ratio of 25%. What is "floorplan finance"? Is it the debt AHG carry by offering customers car finance?

    Appreciate any advice.
    AHG Price at posting: $4.32 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Here are three global stocks you should watch
right-arrow Created with Sketch.
NEWS View the Latest ASX Announcements
right-arrow Created with Sketch.
NEWS HotCopper users react as Pancontinental Energy's trading halt lift reveals little
right-arrow Created with Sketch.
NEWS View breaking ASX news daily here
right-arrow Created with Sketch.
NEWS Whats happening in the world of Crypto?
right-arrow Created with Sketch.
NEWS Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M
right-arrow Created with Sketch.
watchlist Created with Sketch. Add AHG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.