MTO 0.76% $1.31 motorcycle holdings limited

Ann: Change in substantial holding, page-12

  1. 3,050 Posts.
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    Jg
    Thanks for the info. They have perhaps been a bit misleading if they have indeed used debt, that was not my impression from reading the releases.
    But the use of debt is fine with me. Ultimately though, they do need to manage the debt levels as they grow, so something for us to watch.
    As you have noted, MTO have not referred to the multiples that the deals have been done at. Therefore without knowing these metrics, only future financial reporting will show just how good these acquisitions are. This will be evident in rising EPS and steady or rising ROE.
    I have ridden other successful rollouts in the past GEM and GXL and this one is starting to smell a bit similar, if not at a slower pace.
    Cheers
    Gosouth
 
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