Yes, the problem with the market is that it only looks back at what the sales were in 21/22 at peak covid, which was abnormal and compares to what they are now that they are going back to nornal. Motorcycles sales in AU are stable and grow modesty over time.
I see this as an opportunity to load up on very cheap shares in a company that has 15%+ market share and growing in an industry that still has lots of room for consolidation. A company that can earn 13%+ on capital over time and selling for half of BV.
Yes, the problem with the market is that it only looks back at...
Add MTO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.26 |
Change
0.080(6.78%) |
Mkt cap ! $92.99M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.18 | $121.8K | 101.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6500 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 4431 | 2 |
View Market Depth
| Last trade - 15.01pm 09/07/2024 (20 minute delay) ? |
| MTO (ASX) Chart |