AHG automotive holdings group limited.

Slower sales

  1. 583 Posts.
    lightbulb Created with Sketch. 145
    This article indicates slowing vehicle sales.  Seems because of weaker consumer sentiment, tightening credit conditions, along with softer house prices.

    https://www.fnarena.com/index.php/2018/10/08/weak-consumer-puts-vehicle-sales-in-reverse/

    May affect short term but you would expect that over the medium term it would revert to the average

    AHG is still a hold for me but the SP not likely to rerate higher unless there is a positive catalyst.  Selling the transport business could help.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.