A new thread. Company listed 2006, profitable, motoring after care market aggregator. Got to a high of $1, gradual decline till today to 23c
Todays trading alert to 31/12/08 puts substance to decline.
$31m mkt cap c.f. turnover $79m immediately alerts the value investor, enough to interest any follower of WB!
Co.financials appear reasonable on the whole, but buying businesses at value of goodwill is problematic at the best of times.
The only negative from examining the annual…
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