RPM
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4.29% 6.7¢ rpm automotive group limited

Ann: RPM to acquire Direct Wholesale Tyres in FNQ, page-4

  1. silkroad88
    1,770 Posts.
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    06/09/21
    14:46
    Post #: 55864956
    an industry friend reckons they will become a major player name in the auto sector within 24 mths and rerate to $3+. Personally id be happy with even half of that hehe

    Currently at 1x FY21 revenue, and 0.5x FY22 forecast revenue

    Management previously built up and sold an auto business called OppositeLock to Metcash in 2015, and that business is now owned by Bapcor (ASX:BAP). RPM's strategy is crystal clear. If I didn't already have plenty of exposure to it, Id be buying more now.
    RPM Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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