PWR 3.79% $1.65 peter warren automotive holdings limited

Must be a delayed reaction to yesterday's announcement of a...

  1. 749 Posts.
    Must be a delayed reaction to yesterday's announcement of a turnaround in the company's fortunes from a previous massive loss to a $2m+ profit. I thought at first the announcement must have been cynically dismissed by the market but perhaps closer analysis has indicated that the worst is indeed behind and that the restructure will now see a return to long-term profitability.

    Personally I don't listen to Theo any more; only the share price talks. Foolishly, I've stuck to this dog from its days as a tech darling so it'll have to prove a mix of greyhound and stayer before this flea gets excited.

    Let's hope for better days ahead.

    R/Gupper

 
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$1.65
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