BAP Bapcor

[macduffy]

Former HBY shareholders mightn't be interested in this but BAP seems to be obtaining better synergies from the HBY takeover than originally budgetted for.

http://sharecafe.com.au/sharecafe.asp?a=AV&ai=44947&symbol=BAP

Disc: I reinvested my HBY funds into BAP.

[percy]

I think it was a smart move on your part to reinvest your HBY funds into BAP.
HBY acquisition will strengthen BAP's buying power, and with synergy savings, and divestment of non-core assets BAP will be "well positioned."

[percy]

The result was outstanding.
Plenty of growth,cost savings,and the the divestment of non-core HBY assets will strengthen the balance sheet.
Well done macduffy.

[macduffy]

Yes, a stunning result, percy. I had been interested in BAP for some time - Burson Group before the name change to Bapcor. Acknowledged as Australia's leading automotive parts business and their takeover of NZ's equivalent, HBY, made it a no-brainer for me. Now, to off-load those pesky shoe stores!

[macduffy]

"Bullish consensus on Bapcor."

https://www.livewiremarkets.com/wires/bullish-consensus-on-bapcor?utm_source=Trending+on+Livewire+%22The+Morn ing+Wire%22&utm_campaign=e8a913e6fa-EMAIL_CAMPAIGN_2017_08_22&utm_medium=email&utm_term=0_1911ffeed5-e8a913e6fa-82636925

[macduffy]

Sale of shoes and Contract Resources for around $92m announced.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11931845&ref=rss

[LAC]

Results looked good today. SP still heading South though.

[macduffy]

BAP up 5.9% on the back of an upbeat presentation at today's Macquarie Australia conference.

https://www.asx.com.au/asxpdf/20180503/pdf/43tr8r0vnfw5wb.pdf

[dragonz]

This is one of 4 stocks I bought of the back of their annual results last Wednesday. And all 4 have hit all time highs in the last day or 2. Investors who want to cash in on Bapcors upcoming dividend of AU$0.085 per share have only 2 days left to buy the shares before its ex-dividend date, 30 August 2018,

[dragonz]

Another all time high today :t_up:

[winner69]

Another all time high today :t_up:


Going well ...we’ll done

[winner69]

Looks like Bapcor upset the market today

https://www.asx.com.au/asxpdf/20190213/pdf/442kts1g0fm2ym.pdf

[Jaa]

Good revenue numbers from Bapcor today but lots of increased costs due to the bush fires and COVID. Market seems excited by the July same store growth numbers of 10-20% and the increased dividend. Good long term hold this one.