PWR Holdings: A report to watch today

Livewire Equities

Queensland based manufacturer of car-cooling systems for high-performance vehicles, PWR Holdings, reports today. This is another small cap that has seen a number of contributors get behind it in recent months, including Ben Griffiths from Eley Griffiths, Andrew Smith from Perennial Value, and Alex Lu at Morgans.

Alex Lu, Morgans

"PWR Holdings’ track record of delivering organic revenue growth is well demonstrated by its historical 3-year CAGR of 24% (FY13-16A). While currency headwinds and investments into resources (staff and equipment) will weigh on earnings in FY17, we believe the company is positioned well for strong growth in future years. Given that, we maintain our Add recommendation and share price target: (VIEW LINK)

Ben Griffiths, Eley Griffiths Group

At the Future Generation Investment Forum, Ben Griffiths picked PWH as his best idea, telling the audience there was upside going forward from contract wins, more stable currency conditions, and also new US aftermarket sales channels: (VIEW LINK)

Andrew Smith, Perennial

In a short video, Andrew highlighted two stocks in elite sports, saying of PWH that “The growth rate has been fantastic, growing 24% (in sterling terms)”


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