AMA

1.49%

6.6¢ ama group limited

AMA - Buy ?, page-13

First 13 Last

Share
Profile

Follow
bensterz

1,782 Posts.

2

29/02/16

00:48

Post #: 17138586
Share

Originally posted by Stefanof ↑

Bernsterz,
your 100% correct on the dividend, quite often companies make me cringe when you know they can add value to the company by reinvesting in growth, I need to remind myself about that when holding all shares to see if they are in a position to pay it.
As with contacting them and receiving a satisfactory reply don't hold your breathe I've been trying for two months and have given up.
The only reason I've researched AMA is a conservative broker I know attended an investor meting last year and completely loved it and promoted AMA and Ray Malone strongly, adding weight to the recommendation is he personally bought alarge position in the high 90s but time and time again I'm coming up against information that doesn't seem to justify the SP .He is already down a considerable amount since his recommendation.
Example AMA paid higher premiums for Gemini 7.5 x and approx. 4 x for the previous business's
My explanation for this is Andy Hopkins and his twin brother are master business builders and skilled negotiators of the highest calibre. You see they built Gemini up before in the UK and sold to Nationwide and kept the name. Now as we speak he is building up Gemini again in the UK .The methods they use remind me of a private equity firm tarting a company up and off loading it after its already run past its best. The Hopkins are just simply brilliant and their ability at timing when to enter and leave is superb. Most business's the Hopkins bought into Gemini were on the rocks one example was the purchase of Platinum Collision Centres who they picked up for next to nothing after they were liquidated.
My point is I'm starting to believe the Hopkins and early shareholders are the biggest winners here , I know Hopkins has performance targets to meet to gain the full amount of the deal but either way he has already done well.
The broker I know will attend their next meeting and will be asking questions that truly need to be answered

Expand

I'm thinking of it from the point of view of 'don't ask, don't get.'

If I don't get satisfactory answers and decide to sell then even at these SPs I have made a decent return from a one year investment.

Question you might be able to answer though: if Andy Hopkins is the CEO of the smash repair business within AMA as well as on the board - how does he have time to be amalgamating a new business in the UK and meet his (presumably full time) obligations with AMA? Are you able to shed any light on this please?
1 Upvote

0 Great analysis

Reply

Top Stories

C1X

iTech inks deal with Chilean lithium giant to progress Reynolds Range

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

ALY

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

PCL

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

CMB

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CAF

IP anomaly thrills Cannidah with project extension hopes in QLD

There are more pages in this discussion • 24 more messages in this thread...

First 13 Last

Add AMA (ASX) to my watchlist

(20min delay)
Last 6.6¢		Change -0.001(1.49%)		Mkt cap ! $286.9M

Open	High	Low	Value	Volume
6.4¢	6.7¢	6.4¢	$214.0K	3.275M

Buyers (Bids)

No.	Vol.	Price($)
4	145752	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	154026	1

View Market Depth

No.	Vol.	Price($)
4	59761	1.050
3	2596	1.045
3	3726	1.040
2	2898	1.035
1	50000	1.030

Price($)	Vol.	No.
1.055	77023	3
1.060	53603	4
1.065	51503	3
1.070	2503	1
1.080	1158	1

Last trade - 16.10pm 22/11/2024 (20 minute delay)

AMA (ASX) Chart

AMA - Buy ?, page-13

iTech inks deal with Chilean lithium giant to progress Reynolds Range

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

IP anomaly thrills Cannidah with project extension hopes in QLD

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

AMA - Buy ?, page-13

Top Stories

iTech inks deal with Chilean lithium giant to progress Reynolds Range

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Alcidion inks deal with Vic health provider Peninsula for use of Miya Precision tech

ASX Market Open: Aussie market to leap on best 'Trump trade' bump since election day | November 22, 2024

HotCopper users react as Pancontinental Energy's trading halt lift reveals little

Asian Battery Metals uncover second massive sulphide discovery at Mongolia's Oval play

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

IP anomaly thrills Cannidah with project extension hopes in QLD

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News