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Thread: BAP Bapcor

  1. #1
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    Default BAP Bapcor

    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.as...947&symbol=BAP

    Disc: I reinvested my HBY funds into BAP.

  2. #2
    percy
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    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."

  3. #3
    percy
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    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.

  4. #4
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    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!

  5. #5
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  6. #6
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    Sale of shoes and Contract Resources for around $92m announced.

    http://www.nzherald.co.nz/business/n...931845&ref=rss

  7. #7
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    Results looked good today. SP still heading South though.

  8. #8
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    BAP up 5.9% on the back of an upbeat presentation at today's Macquarie Australia conference.

    https://www.asx.com.au/asxpdf/201805...8r0vnfw5wb.pdf

  9. #9
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    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,

  10. #10
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    Another all time high today

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