MTO 1.23% $1.65 motorcycle holdings limited

Ann: MTO FY23 Interim Results Presentation, page-20

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  1. 77 Posts.
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    Good point, no it wasn't the only thing but it was one of them. I don't think its a great time for that sort of acquisition, Mojo has a heavy focus on agriculture, and agriculture is coming off the best 3 years in 100, I think Mojo may struggle if tough times return to farming. Also it's hard to image a more discretionary item than a motorbike, and we are heading into a higher interest rate environment. I understand that many people use them for a transport necessity, but the discretionary side of it is huge. Look I might be wrong, time will tell and I wish all holders the best of luck.
 
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