RE: Falling back..6 Jul 2017 13:04
I've been holding this share for almost a year but made a decision to liquidate all of my holdings, although I think this is a well run company. There maybe a short term upside I.e M&A or good Brexit deal for car manufacturers, but there's also the risk of car finance bubble, and end of car Bull market or the uptake of electric cars that will affect the take up of service contracts. Furthermore, the current share price is close to the resistance level and year high.
Normally, I sell shares in a company that I'm unwilling to add at the current price. However, as this is an AIM share, it's very easy to get back in without having to pay the 0.5% stamp duty.
Good luck to long term holders and you may see me here later for a short term punt if the price drops.