PWR 0.00% $2.20 peter warren automotive holdings limited

Yes it does appear that this stock is quiet on HC. Surprised...

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    Yes it does appear that this stock is quiet on HC. Surprised about this. Given the growth prospects and the attention by many fund managers.

    Currently:
    Blackrock hold >10% of the capital - which is a big tick of approval
    PPT and Ellerston capital each hold >5%
    Warren family hold 35% - very aligned to growing the company.

    It seems to attract the attention of institutions and have gained analyst attentions according to AFR article on 3 June 2021 "Peter Warren in driver's seat: analysts":
    - The analysts tip this stock to be north of $4 in 12 months time. Morgan Stanley thinks it will be $4.40+ and Jeffries $4.20+
    - Opportunities to expand into Victoria where they do not currently operate
    - Vehicle sales are currently and expected to be strong - a tailwind
    - Analyst highlighted a "long runway of M&A opportunities ahead"
    - Comparison made to the growth journey of Eagers automotives and its share price.

    Guidance was upgraded following listing.

    Retail shareholders don't seem to have placed as much attention on this stock which allowed me to top up progressively.

    Good luck to everyone.
 
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$2.20
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Last trade - 15.59pm 07/05/2024 (20 minute delay) ?
Last
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