Q: Hi Peter and Team,
I've been a long term holder of Boyd Group. Great recommendation by the 5i team!
Do you have any idea what went on at the end of 2023 that led to a number of Directors ceasing to be insiders to the company and their insider ownership subsequently being sold off or not visible on insider reports?
Next question: This seems like it should be a steady long term business with ability to grow and maintain strong earnings given the expensive and technologically advanced direction car manufactures are taking. Am I missing something in my outlook?
I've been a long term holder of Boyd Group. Great recommendation by the 5i team!
Do you have any idea what went on at the end of 2023 that led to a number of Directors ceasing to be insiders to the company and their insider ownership subsequently being sold off or not visible on insider reports?
Next question: This seems like it should be a steady long term business with ability to grow and maintain strong earnings given the expensive and technologically advanced direction car manufactures are taking. Am I missing something in my outlook?
5i Research Answer:
We like BYD’s business model. The business model is highly recurring, with predictable...