Interestingly carmall owned by Singapore sgcarmart. April 2nd...

Interestingly carmall owned by Singapore sgcarmart. April 2nd sgcarmart purchased 100 percent by Singapore press holdings, the huge listed media house with capitalisation of over 6 billion.
A few players going to slug it out to achieve market dominance in the Asian region in online vehicle sales.
No doubt Patrick Grove and co. ultimate aim is to be taken out by the likes of Carsales.com or SPH.
Ultimately a good buy at present with a hold for the longer term.
Easily could see a capitalisation of $100 m in the short term and double that for a take over premium.
Hang on for a price of over $1.