Looking on track for a solid FY18 result and beyond. There aren't that many Australian manufacturers listed on the ASX truly of the highest quality, I'm hoping PWH can enter that realm. Certainly the company is confident in the future judging by the boost to capex - about a threefold rise in the year ahead.
I'm keeping a watchful eye on the revenue contribution from the non-motorsports sectors, now approaching 50%. Emerging technologies are at least a couple of years from adding to earnings, but OEM and aftermarket will be important near term. Interesting to read the fading demographics of the support base of NASCAR, perhaps stock car racing will prove to be a shrinking industry in the year's ahead, other growth levers might need to be called upon.
https://www.copyright link/business...e-in-todays-ridesharing-world-20180527-h10m2v
Ann: PWH Industry Update, page-2
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Last
$11.99 |
Change
-0.260(2.12%) |
Mkt cap ! $1.204B | |||
| Open | High | Low | Value | Volume |
| $12.18 | $12.28 | $11.99 | $899.0K | 74.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 235 | $11.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.01 | 6 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| PWH (ASX) Chart |