ARB reporting some less than desirable results this morning for the half year ending 31DEC25. Worth nothing this had been flagged in their AGM.

Headline Figures are: total sales revenue down 1%, Australian OEM Sales down 38.2%, Export channels up 8.8% with the US market up 26.1%. Underlying profit before tax down 16.3%. $60 Mil in cash and no debt.

Held IRL and on SM, I'm encouraged by the uptick in sales to the US, and find the explanations behind the drawback in the financials and the Aussy market reasonable.

Shareprice is down 12% at market open and 20% over the last 12 months, might be a chance to top up. I'm not worried yet but keen to hear the bear case if anyone is?

Market-Update.PDF

Mon 12th Jan

@Bear77 You peaked my interest. W3 is historically the strongest wave up. I noted you comments on US Trade tariffs.

Note: These charts are not time projects just levels they should hit or surpass all going well.

1 month chart

3d, 1d Chart

ARB generated sales revenue of $283.9 million for the six months ending December 31, 2020, a 21.6 per cent increase on the prior corresponding period. The shares have enjoyed a substantial rise this calendar year to close at $45.60 on June 17.