yes and that is why the share price is 26c and not 40+ cents.
Obviously the June half year will be shocking, but one needs to look through the short term when investing.
The key to me:
how will car sales look in 2021, and then 2022? more importantly:
How will these sales compare to say 2018-2019?
In addition:
Tyres need replacing, they have a relatively fixed life. They can be extended for a short time, but reality is they can't be postponed indefinitely.
I am buying NTD on a look through the cycle approach.
Ann: Appendix 4D and Half Year Financial Report, page-18
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Last
45.0¢ |
Change
0.020(4.65%) |
Mkt cap ! $60.36M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 45.0¢ | 42.5¢ | $30.61K | 71.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38674 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 49900 | 1 |
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| NTD (ASX) Chart |