Buyers jump in and see a few days of strong gains

Potential Buy Entry Alert to Watch PWH

Time Frame : Daily

Sector : Automobiles and Components

Key Stats : $348 Million Market Cap, VWAP 3.543, ASX Ranking 422, 4 Week Av Turnover $140,723, Current Turnover (Intraday as at time of alert) $198,407, PE 31.6, Div Yield 2.10%.

Company Overview : PWR Holdings Limited (PWH) is an Australian-based company involved in the design and the production of customised cooling solutions for motorsports and the automotive industry. PWH offers cooling solutions for water (radiators), oil and forced induction air (inter-coolers) systems for the motorsports industry. It engineers cooling solutions for the automotive OEM (Original Equipment Manufacture) and automotive aftermarket and is into technology applications when cooling solutions are required.

Broker Consensus : Not covered by a major broker


PWH – PWR Holdings Limited

PWH has had a good rally off 3.30 the last few days which confirms a higher low and the expectations of a continuation move up. We are now on watch for minor contraction in price and a minor higher low for confirmation that buyers are on the march and building our buy entry.

Stock Code : PWH – PWR Holdings Limited

Company Website : www.pwr.com.au

Current Price : 3.62

Status : On watch for potential higher low and move through 4.00