Stock Market 4wd

Submitted: Monday, Dec 22, 2003 at 16:02

ThreadID: 9279 Views:1877 Replies:4 FollowUps:2

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Member - Timothy

Here's a thought on an idle day.

They say the only real way to get a good return on your money from a bank is to actually buy shares in the bank and rely on growth plus dividends.

Following this chain of thought, would it be possible to get some of our rightful money back from the 4wd aftermarket suppliers etc by buying their own shares?

I brought this up some time back when I heard Codan was about to float.
Some more research shows ARB are listed (and highly recommeded as a good buy by several sources including Etrade). Their ASX code is ARP.

Can you add any other listed companies wholly or partly involved in the 4wd industry?

Not that I've got any money to invest, but it might be an interesting list to compile and see how they do against others in the sector

regards

Timothy

Insert usual disclaimer here ----Defender Extreme

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Reply By: Members - Andrew & Jen - Monday, Dec 22, 2003 at 16:51

Monday, Dec 22, 2003 at 16:51

ARB have been a great share - and you get a discount when you buy from them if you are a shareholder! They had a share split 5 for 1 last year which makes their share price seem somewhat lower than it might have been. They are one of the favoured "small caps". However, it might take me about 200 years to get back as dividends the amount that I have spend at the joint.
Also what a lovely present for Jen (my one) Christmas - some ARB shares!!
AndrewMy Toy - 2001 Landcruiser 100S Turbo Diesel
"We do not stop playing because we grow old; we grow old because we stop playing"

AnswerID: 40858

Reply By: Member - Bob - Monday, Dec 22, 2003 at 17:55

Monday, Dec 22, 2003 at 17:55

Its a bit like ethical investing. Why invest in a bunch of scumbags (like the banks- say) just because you will get a good return? So investing in the 4WD industry gives you a good feeling. Right? I applied this principle about two years ago and acquired a small interest in SouthCorp (by drinking more I help the company and therefore my returns). Well if you have seen SouthCorps performance over the last two years you will realise what a fool I was.Bob

AnswerID: 40861

Follow Up By: Members - Andrew & Jen - Monday, Dec 22, 2003 at 18:24

Monday, Dec 22, 2003 at 18:24

Yes Bob - Southcorp haven't done quite so well as ARB. You will have to up your drinking to improve their share price - what more evidence do you want that you arent drinking enough. Good for you - all those anti-oxidants etc.
On that point, it always irks me that if the management do a good job, they make a fortune on their share options. If they stuff it up, they are off loaded but are given a huge payout to terminate them early. Sort of win win if you are an exec.
Andrew
My Toy - 2001 Landcruiser 100S Turbo Diesel
"We do not stop playing because we grow old; we grow old because we stop playing"

FollowupID: 303390

Follow Up By: Member - Jack - Monday, Dec 22, 2003 at 20:41

Monday, Dec 22, 2003 at 20:41

But if you drink enough of their product, you won't care anyway .....
Merry (hic) Christmas
JackNo trees were harmed in the making or sending of this message.
However a great number of electrons were terribly inconvenienced.

FollowupID: 303407

Reply By: Member - Ed. C.- Monday, Dec 22, 2003 at 23:33

Monday, Dec 22, 2003 at 23:33

Around 4-5 yrs. ago, I purchased 7,000 shares in GUD Holdings (Ryco filters, Sunbeam appliances, Victa mowers, Davey pumps being among their brands) at an av. price of $2.75 ($19,250 invested)...
Approx. 2 & a bit yrs. ago they were trading around $1.50 p/share...
Closing price today (Mon.) was $6.68.. (you do the sums)... Not to mention the generous dividends paid throughout...
You might say that I am one "Happy Camper" as far as this company is concerned...

As most of you will be aware, Repco has recently listed, & I'm thinkin' about that one.. Need to do a bit more research.. Not specifically 4wd related, but I'm sure most of us would shop there from time to time...

Other companies thet have done very nicely for me ( apart from several of the banks) are Woolworths (purchased @ $3.00), Wesfarmers (Bunnings, Blackwoods, p/p approx. $8.60, Boral/ Origin Energy, QBE Insurance & several more....

Of course, there is always the "other side"... AMP has been a bit of a disaster, and HIH ?? .. Dead loss....a few others not worth a mention...

If you buy the right companies at the right price, & at the RIGHT TIME, & also know when to SELL, you can do very well.. & with the help of "gearing", well, the world is your oyster...

Regards, Ed. C.Cunfucius say.....
"He who lie underneath automobile with tool in hand............
Not necessarily mechanic!!"

AnswerID: 40914

Reply By: Wazza (Vic) - Tuesday, Dec 23, 2003 at 07:17

Tuesday, Dec 23, 2003 at 07:17

Yep, TJM is owned by CMI (ASX code CMI):

Activity Summary - CMI is an engineering company that produces precision metal and electrical products primarily for the automotive industry. The company's parts division produces seat belt, suspension, brake and exhaust components. The electrical division produces, cabling, plugs and electrical couplers. CMI also operates TJM Products a manufacturer of specialty 4WD products. CMI's US distribution division distributes CMI's and other companies products to major manufacturers.

Your theory works. I've made enough money trading QBE shares to pay for my insurance for many years.~

AnswerID: 40938