Australia's largest stock trading and investment forum Australia's #1 stock forum

LAA

Click for more information

0.00%

5.9¢ latam autos limited

Ann: LatAm Autos Investor Presentation August 2015, page-22

First 22 Last

Share
Profile

Follow
wolfblack

260 Posts.

10/09/15

15:43

Post #: 15970624
Share

Originally posted by heraclitus ↑

It's an interesting one, Michael. It was great buying back last year in the low 20s but i thought it was possibly a bit expensive in the high 30s+, so sold. Nobody can know if the plan will come together but i like the plan itself, the demographic and the sector. Risks are not executing on the biz plan or it being slower than expected, currency and competition.

All you can really do with these pre-ebit companies is keep watching the qtr reports for progress and cash reserves. If they get anywhere near low cash reserves, the market will price a CR and it will struggle.

The other important factor is how aggressive directors have been to buy on-market and that's after already owning significant stakes in the company. Something I always like to see.

Expand

Top 20 hold over 70% of stock (when looking at the top 20 holder announcement back in Dec 14).
IMO this is a good sign. We have another 24 months before we will see positive cash incoming so could be a nice one to accumulate along the road.

LAA Price at posting: 29.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

WC8

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

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

MIN

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

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

First 22 Last

Add LAA (ASX) to my watchlist

SPONSORED BY