AHE automotive holdings group limited
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  1. rivella
    630 Posts.
    lightbulb Created with Sketch. 22
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    07/12/10
    20:01
    Post #: 7580324
    It got the better of me today, and I bought some.
    Looked at AHE back in july, liked the story, but was put off by the debt to equity which commsec shows at 121%.
    I looked again today and figured that 78% of this is short term debt that obviously finances the showroom floor stock.
    So I think I'm right in assuming that D/E is basically about 22%.
    Pep - sold my AEC. CPB- great company. but I want F/F divs.
    Riv

    DYOR
    AHE Price at posting: $2.35 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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