PWR 1.81% $2.17 peter warren automotive holdings limited


  1. 1,564 Posts.
    Hi Rem
    I to hold these at much higher prices !! fortunatley i hold them in my super fund and cant get may hands on the cash till i am 55!! thats still 10 years away so maybe i may be back in front on them by then.

    If you look at the volume of shares traded and the press release I think you will find that the demise in the share price can be almost entirely blamed on 2 funds that being ING and CBA getting out of the stock.

    PWR looks cheap at 20c but the market doesnt think so
    bottom fishing is fraught with danger but a bounce to 30c does not seem that unlikely once these two funds are out.

    Just my thoughts HDR and CRS look the goods to me

    Cheers Hooter
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