personally i have been dealing with auto parts distributors and manufactures for years, word on the street is bapcor are sacking many of the sales staff and bumping prices to make it look better on the balance sheets and better GDP after a couple of discussions with there members.. they have mentioned they are currently looking for an USA buyer...All the manufacturing and distribution arms (BW, Baxters, Roadsafe, AADi, AAD) sales team members have informed me they are quiet and feeling the squeeze in the industry. If they sell might be a good gamble.. If they don't....
all IMO this is not financial advice.
BAP Price at posting:
$6.03 Sentiment: None Disclosure: Not Held
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