Australia's largest stock trading and investment forum Australia's #1 stock forum

AHG

Click for more information

0.82%

$3.67 automotive holdings group limited.

New Car Sales Bounce Back to a NEW May Record, page-3

First 3 Last

Share
Profile

Follow
Ocker

10,372 Posts.

4

07/06/17

09:11

Post #: 25140045
Share

Originally posted by Caliente ↑

Great performance on a bad day for markets. I've taken a position.

Fundamentally - todays VFACTS announcement is very comforting that demand in the auto industry is not in terminal decline - and in fact picking up especially in SUVs/light commercial.

While auto is technically discretionary retail - demand for vehicles will always be robust.
Amazon will also obviously have negligible impact on vehicle sales. In the end you are going to a go to a dealership for a test drive.

Agree with todays Fool article - http://www.fool.com.au/2017/06/06/w...oldings-group-ltd-share-price-is-a-buy-today/

1. Trading at multi-year lows and has finally formed a floor.
2. As the largest player in the space AHG is well positioned for any recovery and can continue to acquire any distressed assets in the space.
3. 20-30% bounce from here is easy to see and not stressing valuations.

Expand

I was not aware that Amazon sold cars?

AHG Price at posting: $3.06 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Optimising your equity market strategy: Tips for investors

There are more pages in this discussion • 4 more messages in this thread...

First 3 Last

Add AHG (ASX) to my watchlist

SPONSORED BY