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CMH sitting at R40.06 is decent value if you look at what theyre actually moving through those dealerships. Volume's been solid even with load-shedding killing foot traffic, means the guys who do show up are buying. Good day to top up before the next earnings surprise imo, not selling at these prices.
cmh sitting at r40 and dealers are actually shifting stock again. rand weakness helping exports but domestic demand still weak, ngl. if they can keep fcf positive and not blow cap on expansion, could work. long game though, not a quick flip.
CMH sitting at R40.06 feels like value when you consider the dealership network still moves real volume despite the economic squeeze. Locally we're not seeing the same margin recovery as Bidvest Auto but the used car market keeps CMH afloat in a way that pure retail can't. Positioned perfectly for when the rand stabilizes and credit appetite comes back.
cmh's balance sheet looks decent compared to where it was two years ago, cash position helped them weather the rand weakness. dealership stocks like this always get hammered on recession fears but the vehicles still need selling. long-term view hasn't changed, loadshedding's more of a threat to sales than anything else right now.
CMH down 1.12% today but still trading above the 200-day moving average. Is this a dip to load up on given the resilience in vehicle sales, or are we overthinking a structural slowdown in the sector?
CMH SITTING AT R39.68 AND NOBODY TALKING ABOUT THE AUTOMOTIVE RECOVERY COMING!! DEALERSHIP NETWORKS LIKE THIS PRINT MONEY WHEN INTEREST RATES DROP AND CONSUMER CONFIDENCE RETURNS, LOOK WHAT HAPPENED TO SIMILAR PLAYS GLOBALLY!! MASSIVE UPSIDE FROM HERE, LFG!!
CMH got hammered on the automotive cycle but the dealership network is still solid. At R39.68 theres decent value if you believe the new vehicle sales recover once load-shedding eases up. I've been nibbling on dips, put an order at R38.50 last week and got filled on a chunk. Not selling at these prices, the upside when the market turns is worth the wait.
cmh getting hammered on used car weakness and interest rate pressure. dealer networks bleeding cash when credit demand drops like this. at r39.68 who's actually buying here, sentiment is cooked.
cmh closed at r39.68 yesterday and honestly the dealership game is brutal right now with interest rates still high. but the company's got solid market share across the provinces, way better positioned than some of the smaller players. if rates come down next year could be a decent recovery play for patient holders imo
CMH jumping 3.14% today, that's lekker to see for a Monday, wonder if the dealerships are finally picking up some momentum.
CMH taking a knock today at R3821 but the automotive sector's energy transition exposure is where the real story sits. The OEM supply chain transition to EVs could reshape margins over the next three to five years, though near-term consumer weakness from load-shedding disruptions
CMH dropped 1.29% today but I'm wondering if this is a chance to get in on a solid company, or should we wait to see if it dips more? Anyone else holding this one?
CMH's down 3.31% today, but the real story for construction types like me is whether they can sustain earnings growth when consumer discretionary spending gets squeezed by rate hikes and load shedding hitting household budgets. The automotive distribution play is structural long-
CMH trading at R4100 with that minus 1.44% dip today, but the real story here is the automotive retail cycle we're in. With dealer inventory pressures and new vehicle sales moderating, the margin compression at CMH's dealerships is worth monitoring against their ability to levera
CMH up 1.18% today, but I'm wondering if anyone's actually made money on this thing or if it's just chop. Feels like I could just buy CAGR and sleep better at night?
CMH up 1.63% today at R4116, which is lekker compared to how flat the retail sector's been lately. Makes me wonder if the motor dealers are benefiting from something the rest of consumer goods isn't catching.
CMH's up 1.63% today but I'm sceptical on the long-term thesis here. The automotive retail space is getting hammered by rising interest rates and consumer debt stress, which means vehicle sales are under pressure and that flows straight through to their bottom line. Unless we see
CMH's logistics network has been absorbing significant freight cost pressures over the past 18 months, but what's interesting from a supply chain perspective is the inventory velocity we're tracking through their dealer channels. Dealer stock turns have remained relatively stable
CMH breaking above 4180 resistance looks promising on the surface, but that +2.32% pop feels thin on volume and we're still trapped beneath the 4250 level that rejected us twice in the past month. The rally smells like a bear trap to me, especially with consumer discretionary und
Everyone's jumping in on CMH today with that 2.44% pop but I reckon it's just noise, the real pressure on dealerships isn't going away anytime soon. Might be better to wait for a proper dip before loading up.