ION 0.00% 0.9¢ iondrive limited

Very undervalued at present due to concerns over the car...

  1. TDF
    102 Posts.
    Very undervalued at present due to concerns over the car industry and exchange rate trending against exports.

    I hold lots.

    US car sales might be under pressure, but what about the trend to alloy wheels? Sales of wheels are increasing. Harley Davidson sales are steady. Overseas earnings only account for 17% of ION's total earnings.

    Cheap at $2.

    It was a real steal at $1.70 after it went ex div.

    TDF
 
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