ATL apollo tourism & leisure ltd

Somebody or institution holding less than the 5% disclosure rule...

  1. 2,009 Posts.
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    Somebody or institution holding less than the 5% disclosure rule seems to be feeding the market at the bottom end. They must really want out after the selling in the last couple of days. I hope they are still not holding too many more. I believe they are currently mildly undervalued but with the sales of RVs depressed and being overstocked as well as IMO buying Windsor too early it is going to take a change in the caravan and RV sales market conditions both here and in North America before any real gains will be made. Watch for stock markdowns and possible balance sheet impairment - that stock especially any financed on floor plan will need to be shifted with consequent drops in margin. They have been around long enough to have experienced the last cyclical downturn - they will know what they have to do. It is a case of how long it will take. DYOR
 
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