PWR Preliminary Final Report and 2023 Annual Report

Your new Chairman, Roland Dane, who has unanimous support of the Board, has substantial Board, leadership, operational and financial experience and has been a Board member since March 2017. Roland will take over as Chairman at the conclusion of the 2023 Annual General Meeting

PWR HOLDINGS LIMITED (ASX:PWH) - Ann: PWR Preliminary Final Report and 2023 Annual Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Return (inc div)   1yr: 4.38%   3yr: 27.35% pa   5yr: 27.90% pa

PWH: returns are like the leaky radiator at the moment. Engine light is amber!!! not red yet...

Founder led per se' ARB. REH ect

Kees Weel

Managing Director and Chief Executive Officer

Kees Weel is the founder of PWR and has been awarded the 2021 Australian Performance Automotive Industry “Australian of the Year”.  From the humble beginnings of hand making his first copper and brass radiator in 1982 to a visionary leader of PWR, Kees has led PWR on an extraordinary journey that has cemented PWR’s reputation globally for quality and innovative cooling products and unparalleled customer service.

It was Kees inspiration to begin manufacturing radiators that quickly led to a ready-made customer base that required superior quality and capability from radiators.  With an ever growing business and in-demand product, in 2006 Kees started building, what is today, PWR’s state of the art manufacturing facility at Ormeau.  Kees’s uniquely Australian approach to business is his greatest strength, where no challenge is too big and an ethos that everything can be made with time, money and hard work.

Following its listing on the ASX, Kees has continued to oversee the extraordinary growth of PWR while still maintaining its commitment to quality and customer service and that ‘family feel’ amongst employees.

Kees continues to develop PWR’s business capabilities and leads his high performance team to be innovative, listen to the customer and always have a can do attitude.  Printed in supersized letters on the wall at the Ormeau manufacturing facility is Kees’ motto: Most people see things as they are and say why.  We dream of things that never were and say why not?

Kees was a team principal of PWR Racing V8 Super Car Team 1998-2007 and was a board member for Tega V8 Supercars in 2007.

I thinking ...So will always will look overvalued!!

Disclosure in the Portfolio, not in Strawman though.

PWH custom car cooling systems for high performance vehicles 

broken to the upside here. Bullish trend

Fundermentally looks ok. The outlook for ROE 30%, cash flow 10 cents, payout ratio conservative. pays divi 9.20 cents .100% Franked.