Canaccord research update with increased price target of $0.49 on the back of this acquisition. Market seems to like it..
"AMA has announced the acquisition of Queensland based Custom Alloy, which is an established manufacturer of aluminium bull bars and accessories. The acquisition is highly complementary with AMA’s existing ECB bull bar operations and located within 15 minutes of ECB’s current location. On the back of the acquisition we have increase our FY14 and FY15 EPS forecasts to 2.4c (?5%) and 2.8c (?14%) and increased out price target and DCF valuation to $0.49."
ama acquisition, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AMA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.9¢ |
Change
-0.001(1.67%) |
Mkt cap ! $286.9M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.1¢ | 5.8¢ | $126.4K | 2.136M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 729133 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 359639 | 4 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| AMA (ASX) Chart |
