Australian (ASX) Stock Market Forum

ARB - ARB Corporation

buyers and sellers doing their thing

there's been a selldown, of late, as with the general market
View attachment 195490
.
AFI has just lodged a holder statement, coming in at 5 percent (also ARB is the 3rd biggest holding in MIR portfolio )

that pe is still at 25, though
may sell down some of my goldies today, they have a great run.
ARB will be one of the ones I look at.
Mick
 
I guess AFI is ruing the decision to boost the holding in ARB, declaring an Initial substantial holding of 5.03% on 14 March
Screenshot_20250408_100247_CommSec~2.jpg
 
Liquidity in ARB has all but dried up.
Currently 5 sellers for a total of 734 shares.
Been some volume over the past ten days, looks all those who wanted out have done so.
Happy tokeep holding as along term investment.
Have placed some low ball bids just in case.
Mick
 
Market Matters:
"ARB Corp (ARB) -3.49% hit on commentary from a UBS analyst note with the investment bank revising down earnings forecasts citing tariff concerns and slowing revenue momentum for the car parts manufacturer."

Not Held
 
Market Matters:
"ARB Corp (ARB) -3.49% hit on commentary from a UBS analyst note with the investment bank revising down earnings forecasts citing tariff concerns and slowing revenue momentum for the car parts manufacturer."

Not Held
Goes to show these highly paid stock analysts are noi better than us mere mortals.
ARB hit 40 bucks, and is looking rather nice.
Next target is that 48 buck high a year ago, then that 55 high from late 2021.
That will probably do me.
Mick
 
Top