In today’s briefing:
- Carly Holdings Limited – Q2 Shows Vehicle Finance = Growth
- Building Products Sector Building on Solid Foundations
- Auteco Minerals (AUT) – Exploration Upside
Carly Holdings Limited – Q2 Shows Vehicle Finance = Growth
- Carly Holdings Limited (ASX:CL8) operates a vehicle subscription business, which it launched in March 2019, leveraging the existing DriveMyCar operations and technology.
- Car subscription allows business and retail customers to pay a single monthly fee to access a car for 30 days or more and is an alternative to purchasing or financing a vehicle.
- Carly has attracted larger automotive industry businesses as shareholders, with a model that facilitates sales volumes of new vehicles and delivers a new recurring revenue stream for automotive manufacturers and dealers.
Building Products Sector Building on Solid Foundations
- Acrow Formwork and Construction Services (‘ACF’) and Big River Industries (‘BRI’) are key players within the Australian Building Products and Distribution markets.
- Acrow focuses upon Formwork, Industrial Services and Scaffolding; and Big River specialises in the manufacturing of timber veneer, plywood and formply, and distribution of building supplies.
- Both businesses have undergone significant strategic pivots over the past 4-5 years and are now reaping the rewards.
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.
Auteco Minerals (AUT) – Exploration Upside
- Pickle Crow represents a medium to long-term development proposition with potential for exploration results that shift the paradigm along the journey.
- We model one of many potential development pathways as a starting point for valuation.
- With a decent lead-time to first gold, exploration results will be the main share-price driver near-term.
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.
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