CMH sitting at R40.06 feels like value when you consider the dealership network still moves real volume des…by @sextant_za on $CMH

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.