In today’s briefing:
- StubWorld: Astra Trading Cheap. So Is United Tractor
StubWorld: Astra Trading Cheap. So Is United Tractor
- Astra International (ASII IJ) is coming up cheap after United Tractors (UNTR IJ) positively responded to its large share buyback announcement. Yet both companies are looking attractive here.
- Preceding my comments on Astra and United Tractor are the current setup/unwind tables for Asia-Pacific Holdcos.
- These relationships trade with a minimum liquidity of US$1mn, and a % market capitalisation >20%.
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