The SIQ share price has risen by about 70% since mid October 2022.
SIQ is a cash generating machine with a confirmed pent up revenue recognition awaiting a freeing up of car new car supply.
In addition SIQ is ideally placed to benefit from a surge in electric vehicle sales as employees(consumers) seek to reduce car running costs and do their bit for reducing personal carbon footprint.
The Jun’23 Half Year report will be much anticipated and the outlook even more so.
Congrats to those shareholders who have entered SIQ over the last 10 months.
P.S. the increase in the SP has been so strong SIQ is now well overweight in my combined portfolios. It is a nice problem to have that I was not anticipating back in October.
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