Auto stocks oversold
Article Abstract:
By end of 2006, automotive industry is likely to recover from slowdown in vehicle sales it is witnessing so far. The share prices of all the related industries are at attractive levels and can be bought by investors willing to be patient. In this context, earnings potential and share price trends of Repco, AP Eagers, Adtrans and Coventry Group are discussed.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2006
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Bad news, good prospects
Article Abstract:
The financial performance of Coventry Group, an Australian automotive parts manufacturer is discussed. This small company reported average annual earnings per share growth of 99.8% for the past three years. Its market capitalization is merely $252 million. Chief executive Chris Glenn discusses the prospects for the company in the coming year.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
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No margin for error
Article Abstract:
The trend in car sales in Australia is discussed. Though new car sales are booming, part makers and car dealers are having a tough time in the country.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2005
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