I'm thinking the same. It's ripe. I'm wondering why ahg is not...

I'm thinking the same. It's ripe.
I'm wondering why ahg is not performing as good as American auto industry.

In a low rate environment consumers like to spend on big tickets on housing and cars. My wife's work mates always curious about new car models and I'm going to sell a piece of land for a quick profit to buy for my wife a new Land rover.

As interest rate is about to rise and banks have just starting to lift their fix rates. The rate increase will be passed to existing car loans in conjunction with comparison rate. Borrowers must bear the costs and in return ahg will reap the benefit as it has sourced the cheapest rate in Australia.

As inventories are still in surplus ahg doesn't need to worry about rate increases as long as demands pick up strongly ahg will have to source for new finance.

Its balance sheet will look better as demands increase in holiday season so I need to monitor the volume to see when the tide will turn.