PWR 0.60% $1.69 peter warren automotive holdings limited

Powerlan, page-6

  1. 4,330 Posts.
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    Hi Rockchopper, Ive seen the "always darkest before the dawn" scenario play out many times---the companies stated objective is always to make a profit--and to never sacrifice that profit for growth's sake--so assuming the company always makes a profit---it will always be here---so therefore if it is always going to be here---the entity has a value----based on known fundamentals (as published) it is oversold on that criteria---market forces though---ie a big insto like ING selling---often makes nonsense out of fundamentals as they will a chart.
    The company is restructuring>>>The M.D. has stated he even wanst a change of name by June 30th---the plan is to get out of businesses that have margins of 5 to 7% and get into businesses that have margins of 35%---assuming once again PWR succeeds in doing that-----I think at the end of the day---the sun will shine----its just how many days that it will take to happen---(lol--once again)
    Cheers,--BK.
 
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Last
$1.69
Change
0.010(0.60%)
Mkt cap ! $291.1M
Open High Low Value Volume
$1.67 $1.73 $1.67 $205.8K 120.8K

Buyers (Bids)

No. Vol. Price($)
2 9169 $1.69
 

Sellers (Offers)

Price($) Vol. No.
$1.73 6028 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PWR (ASX) Chart
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