Originally Posted by
Beagle
About 4 years ago the SP was 28 cps before the 10:1 share consolidation ($2.80) so we have seen truly woeful performance relative to the NZX50. What this suggests to me is there's actually not a lot of money in the used car game and its a very, very tough industry.
Market over supplied at present ? The management team reckon there's market consolidation to come.
Interesting times in the industry.
AHG in Australia continues to get smashed.
But none of this is a concern because our resident optimist who has been talking this up consistently for years now tells us the share price is going to double in 2-3 years :D