LAA 0.00% 5.9¢ latam autos limited

Ann: LAA named official portal of Mexican Car Dealer Association, page-4

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  1. 39 Posts.
    lightbulb Created with Sketch. 18
    Smart money generally comes 3-6 months prior to revenue actually being confirmed/announced.
    That shouldn't be too far away now that the company has multiple revenue generating means are now officially in play;
    - basic/traditional listing revenue
    - car sync GPS tracking - US$300 per vehicle and US$200 ongoing. It is my understanding that GPS units required in Equador when vehicles are financed and heavily recommended in Mexico by banks when vehicles are financed
    - insurance referral income
    - motor credit car finance referral income (from experience I would estimate they would be receiving around 5-10% of car finance amount) this to me is the diamond in the rough and where the upside surprises could come from.
    Can't see it staying @ AUD$30-35M market cap for too long
 
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