looks like someone is still accumulating
looks like someone is still accumulating
not long to ex div , better get in it might run away
9% dividend worth a punt i reckon , punting that they can maintain most of this dividend going forward. used car sales are rebounding in most countries quickly therefore any dividend yield near 9% is much better than 2% in the bank.
Jun 17, 2020,01:43pm EDT
Used-Car Sales Rebound First, As Sonic Auto Reopens From Pandemic
Even before the pandemic, many customers with good credit histories who could afford a new vehicle were purchasing used cars and trucks instead
https://www.forbes.com/sites/jimhenr.../#70329e923bbf
Attachment 11750
June change of registrations highest for 2020.
Lovely , i can see a bird in flight with those charts:)
Sneaky car dealers and loan sharks ......preying on the not so informed
That’s what clipping the target is all about ...good for shareholders
https://www.stuff.co.nz/business/mon...om-dealerships