ION 11.1% 0.8¢ iondrive limited

in the buy zone, page-20

  1. 9,485 Posts.
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    re: in the buy zone, ridgy Morn all , I did a bit or reading on ion last night .
    Interesting little company .

    I'm a great fan of the motor industry as it was my bread and butter for many years .

    But do manufacturers ever earn any good bucks out of such a hard pressed game ?

    Looks like ion has some great assets and am a fan of the Ford things which is a turnaround story .

    Concern looking ahead is how long can u new car sales continue at the present rate ?

    If realestate is coming off yet car sales continue to surge then we should consider that the top will come eventually .
    If oil doesn't come off then big engined cars should eventually get wacked . Ion supplies autos to big engined cars .
    What's interesting is the supply the new aluminium engines for GM .
    That could be a boom and Ford has certainly turned the corner with stylish cars .

    I reckon it's time to just trade the patterns but be aware of the bigger pic [down trend] .

    Jeepers Ridge u must of bought a stack to worry about dumping them .
    Surely a looser stop want inflict less damage in the medium term .
    ge
 
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