yes and that is why the share price is 26c and not 40+ cents.
Obviously the June half year will be shocking, but one needs to look through the short term when investing.
The key to me:
how will car sales look in 2021, and then 2022? more importantly:
How will these sales compare to say 2018-2019?
In addition:
Tyres need replacing, they have a relatively fixed life. They can be extended for a short time, but reality is they can't be postponed indefinitely.
I am buying NTD on a look through the cycle approach.
Ann: Appendix 4D and Half Year Financial Report, page-18
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Last
42.5¢ |
Change
-0.005(1.16%) |
Mkt cap ! $57.00M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.0¢ | 41.0¢ | $7.687K | 18.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 764 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 36792 | 2 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| NTD (ASX) Chart |