So it seems like Angus McKay, the new CEO is a no nonsense guy, has a clear plan and focused on executing it. So I think he has been a good hire.
Plan seems to be fixing a lot of the underinvestment and bad decisions of the past.
Lots of cost cutting, realigning, merging, closing down, and investment in IT/Processes. This is what I call all the non-sexy work. Anyone can go buy businesses (the sexy work). But to have an efficient and profitable business….it is the non-sexy work.
There is no silver bullet for Bapcor, but they seem to be on the right track. Just need a management team that is going to stick with them…and keep executing the turn around plan.
I hope they let Angus pick his own CFO, maybe a young guy/girl who is willing to grow with Bapcor and this new plan.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$5.03 |
Change
-0.030(0.59%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $5.06 | $5.06 | $4.98 | $416.9K | 83.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 643 | $5.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.03 | 5461 | 17 |
View Market Depth
| Last trade - 11.01am 22/07/2025 (20 minute delay) ? |
| BAP (ASX) Chart |