APE 2.45% $10.45 eagers automotive limited

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  1. 500 Posts.
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    Valuation is about $8.75, currently trading on speculation of there Shopping centre disruption doing well, then you look at what percentage of there margins are finance income based - take that and look at what ASIC have been doing and the changes that will be made on Flex commission and insurances surrounding CCI - then there is where the issue is in my opinion - currently overvalued. great company potential is enormous for growth but right now OV - no down ramping intended just facts. technically wise, watching very close for a trade and bounce from around here.
 
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