Small Cap Stocks Down Under 18 June 2021: Peter Warren Automotive Holdings, E&P Financial Group, Youfoodz

Peter Warren Automotive Holdings: Too far, too fast

In today’s edition of Small Cap Stocks Down Under, headquartered in Warwick Farm, New South Wales, is Peter Warren Automotive Holdings, which, as we are sure you guessed, is not involved in farming. The company is quite new to the ASX, listing on 27 April 2021 at $2.90 per share and raising $227.4m for Peter Warren. The company currently operates 70 franchise car dealership business across Australia under seven different brands. Since listing, the stock has done extremely well for early shareholders, rising 25% as of yesterday’s close. However, we think this dealer has overplayed its hand.

 

Also in today’s edition, a look at financial services provider the E&P Financial Group (ASX: EP1) and meals ready to eat developer Youfoodz (ASX: YFZ).

 

Click here to read the previous edition of Small Cap Stocks Down Under published 4 June 2021

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