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Bapcor Ltd (ASX: BAP) was originally called Burson Group. Today. Bapcor is a specialist auto parts business but what most consumers don’t know is that Bapcor is more than a retailer of spare parts. Its bread and butter is ‘trade services’. For example, when you get your car serviced by a mechanic, the mechanic doesn’t store all of the parts for the make and model of your car in their shop. Instead, they rely on a nearby distributor like Burson’s who can deliver the exact parts within a matter of hours.
The Bapcor Ltd (ASX:BAP) share price is revving higher after providing a solid FY21 update.
The Carsales.com Ltd (ASX: CAR) share price jumped 3% in early trading on Wednesday after releasing its FY20 financial report to investors. The ASX 200 (ASX: XJO) was up 0.8%.
The Bapcor Ltd (ASX: BAP) share price raced 6% higher in early ASX trading today following the release of its FY20 financial report.
We’re just getting into the swing of things for with reporting season for ASX shares. There are a few things I’m looking out for.
Bapcor (ASX:BAP) has reported impressive growth for May and June, higher than expected.
Institutions often get the biggest slice of the pie when it comes to discounted share issues, but retail investors can sometimes take advantage of their size to get proportionally large holdings…
Bapcor (ASX:BAP) is doing a capital raising. Is the price too cheap to ignore?
The S&P/ASX 200 (ASX: XJO) snapped back from an initial sell-off to trade 2.4% higher. Bapcor Ltd (ASX:BAP) and South32 Ltd (ASX:S32) shares led the way.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.12% at lunch.
