APE 1.90% $9.82 eagers automotive limited

Ann: AGM Material including Market Guidance, page-2

  1. 7,515 Posts.
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    Reading the presentation it seems extremely market sensitive to me.

    Revenue continues to grow, but margins looks they are under a fair bit of pressure, with some inventory build to boot. 15% decline in gross margin based on the comments.

    Not sure how market wil react to this one, feel like it had already anticipated a bit of a decline.
 
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