Bahman Motor Opens a Five-Model Auction on Saturday, August 22; Mazda3 Below Market Price as Its Stock Is Up 90 Percent Over the Past Year

Starting tomorrow, Bahman Motor is auctioning off five of its own cars, but why now? Instead of a lottery or a fixed price, competing bids on the platform set the price this time. Viewing at the warehouse, a bid on the platform, a deposit, then the winners pay the balance. Bidding opens eight a m Saturday, August twenty second, and closes six p m Wednesday, August twenty sixth. The same company has a separate story running in the stock market right now. Bahman Motor's own stock is up close to ninety percent over the past year. This chart shows the last three months of the price; it has nearly doubled. Today's price sits only about four percent below its own fifty two week high. The stock's price to earnings ratio is only about four point three, a low number. Over the last five sessions, retail investors net bought roughly four hundred sixty six billion rials. Here is the main point: one company is clearing its car lot while its stock nears a record. If bidding runs hot, the final price lands well above the base price; if not, the market looks saturated. Watch the auction final results, and how the stock trades in the coming sessions. Full story on Sahmino dot com; do you think bidding in this auction turns out hot or not?