2CC - 2 Cheap Cars Group

[silverblizzard888]

Great post Baa Baa....


Siverblizzard88.We may get our orders filled a little cheaper tomorrow when their listing name changes to 2 cheap cars..Fine thing to invest in The Colonial Motor Company or New Zealand Automotive Investments ,but 2 cheap cars.??.
Bring on tomorrow..May have to increase our buy orders.?...lol.

It seems your sophisticated high premium portfolio maybe be tainted with the word cheap now.

Indeed I may just have to increase the buy order or am I 2 Cheap to do so.

In a way the name aligns with their brand and that will probably help a good few interested investors find their stock. However it may lower their chance of getting a movie date.

[percy]

Well well well.
Which company is the first company on NZX list of companies.?
Which company is the first company on my Stocknessmonster.com watch list.?
Which company is top of the list of my ASB share trading platform watch list.?
2CC Number One on all lists.

Brilliant.

[silverblizzard888]

Well well well.
Which company is the first company on NZX list of companies.?
Which company is the first company on my Stocknessmonster.com watch list.?
Which company is top of the list of my ASB share trading platform watch list.?
2CC Number One on all lists.

Brilliant.

Top stock on the NZX today the name change works!

I can imagine the AGM now, "Welcome to all the 2 Cheap shareholders" haha

[percy]

http://nzx-prod-s7fsd7f98s.s3-websit...832/397373.pdf

[winner69]

Wow what a start to the new year ..going very well …just look at those margins

Love the bits about being ‘being ‘super focused’ and ‘ahead of the curve


http://nzx-prod-s7fsd7f98s.s3-websit...313/398016.pdf

percy failing in his duty to keep this thread on first page …had to go to page 4 to find it

[percy]

Wow what a start to the new year ..going very well …just look at those margins

Love the bits about being ‘being ‘super focused’ and ‘ahead of the curve


http://nzx-prod-s7fsd7f98s.s3-websit...313/398016.pdf

percy failing in his duty to keep this thread on first page …had to go to page 4 to find it

Yes a big WOW..!!
Most probably time for a "well positioned".
Good to see over 500,000 wanted at 28 cents.
The strong trading should see 2CC in a lot stronger position to upgrade and expand their foot print.
New business strategy is proving to be very successful very quickly.
.Pleasing seeing how strong they are in EVs and Hybrids.
• EV/HEVS leadership is further strengthened moving to 52% of total sales for Q1 (up from 41% for FY23).

[Fortunecookie]

Yes a big WOW..!!
Most probably time for a "well positioned".
Good to see over 500,000 wanted at 28 cents.
The strong trading should see 2CC in a lot stronger position to upgrade and expand their foot print.
New business strategy is proving to be very successful very quickly.
.Pleasing seeing how strong they are in EVs and Hybrids.
• EV/HEVS leadership is further strengthened moving to 52% of total sales for Q1 (up from 41% for FY23).

Percy you are a neon sale sign. Are you employed by 2CC as a spokesman haha.

On a serious note, this is a commodities business and they are well positioned. From I can see they have been a profitable business since 2016 and presumably much earlier.

[winner69]

NPAT this year forecast $5m …..eps of 11 cents

Jeez …..deserves a share price over $1 on that performance

Well over $1 if you take into account the growth/expansion they are talking about

[percy]

NPAT this year forecast $5m …..eps of 11 cents

Jeez …..deserves a share price over $1 on that performance

Well over $1 if you take into account the growth/expansion they are talking about

Growth/expansion.
Currently 12 sites.
$5 mil NPAT would enable to add a further 3 to 6 sites.
Foot print growth.3 sites 25% growth.6 sites 50% growth.
Therefore it may be possible to grow eps by 20% to 30% over the next couple of years..Logistics improvements will help.

[Rawz]

the horse has bolted eh Percy. bugger for the 28 cent bid lol. Ah well at least got a few thousand