PWR 2.94% $1.82 peter warren automotive holdings limited

Ann: H1 FY22 Result and Conference call, page-8

  1. 7,289 Posts.
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    then should have seen a corresponding drop in APE.

    This is not occurring. APE share price relative to value much higher.

    I personally think its because market is scared about car companies trying to fix the selling prices and commission structure of dealers. Whether this works or not I don't know.

    Also maybe because PWR took on debt to fund its aquisition.

    Anyway my position is small, and will probably stay small until I can figure this out.

    Value or value trap???

    I don't have the answers.
 
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