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Inside Supply Network (ASX:SNL) & National Tyre (ASX:NTD) ft. Raymond Jang

Supply Network Limited (ASX:SNL) and National Tyre & Wheel Ltd (ASX:NTD) are two ASX-listed distribution businesses involved in the automotive sector, but their fortunes couldn't be any more different. NTD & SNL share the focus in this Australian Investors Podcast episode with Raymond Jang & Owen Rask.

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National Tyre & Wheel Ltd (ASX: NTD) shares have been sold down while Supply Network Limited (ASX: SNL) has powered ahead. In this episode of The Australian Investors Podcast, analysts Owen Rask and Raymond Jang take a good hard look at the story behind these two companies.

Special note: this Investors Podcast episode is proudly supported by Selfwealth, Australia’s leading non-bank broker. Trade ASX shares like National Tyre or Supply Network for just $9.50 per trade — flat. Click here to join Selfwealth (it’s free!).

About National Tyre & Supply Network

Supply Network sells trucks and bus parts under the Multispares brand in Australia and New Zealand. The business was founded by Harry Forsyth when he started selling spares for buses in the 1970s, he remains the majority shareholder with 30%. It strives to provide the biggest range, best quality parts at the best prices through its significant scale advantage, commitment to customer service and deep expertise.

National Tyre & Wheel is Australia’s largest independent tyre and wheel distributor, specialising in importing tyres and distributing them throughout Australia. NTD’s business model has included buying other independent distributors in the hope of ‘rolling them up’ into what is now the leading independent brand. NTD’s roots trace back to Terry Smith and Exclusive Tyres, which was the original and exclusive importer of Cooper & Micky Thompson tyres. It has operations around Australia, New Zealand and even South Africa.

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At the time of recording, National Tyre & Wheel had a ‘HOLD’ rating inside Rask Rockets Beyond.

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