MTO 0.62% $1.61 motorcycle holdings limited

I really can't understand the situation with this long...

  1. 2,082 Posts.
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    I really can't understand the situation with this long established Aust stock.....its on a PE of 5 and div yield of  12%.

    Directors buying constantly.....I would have though value investors would have ripped into it - but no.

    Maybe a buyback could be considered, but excellent management here - who know what they are doing.

    Just buy and hold I guess.  Ultra simple for others to research, to confirm what I have intimated here, I think.

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    MotorCycle Holdings Limited Interim Results December 2020


    ▸ Revenue increased 23% to $218.4 million
    ▸ Debt reduced to zero, and $7.4 million cash in bank
    ▸ Interim dividend of 10 cents per share declared
    ▸ Underlying EBITDA of $26.8 million, up 168%
    ▸ NPAT increased 258% to $17.2 million
    ▸ Gross profit margin of 29.6%
 
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