AHE APE

The great majority of the debt is short term "floor plan"...

  1. Ubique
    102 Posts.
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    15/09/12
    00:52
    Post #: 10723265
    The great majority of the debt is short term "floor plan" financing for motor vehicle stock - it's the standard way of financing for car dealerships. As cars are sold, the debt is reduced, so it's a rolling form of finance. Debt's not an issue for AHE.
    AHE Price at posting: $3.04 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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