Thanks sc100.
Did Rob go into detail about earnings forecasts? I note that the same guidance of $10 million EBIT was given back in Oct/Nov last year (based on the run rate at that time). I would have thought they would comfortably exceed this guidance since they have made a number of accretive acquisitions since then.
Perhaps it's better that the pace of acquisitions slows down so they can focus on driving organic growth which is the market's preference atm.
Just looking at the most recent broker report from Fosters they are forecasting 10-20% sustainable growth for most of the existing businesses in the portfolio. This isn't too shabby. Factoring in future acqusitions, AMA should still be able to post solid double digit growth going forward.
Thanks sc100. Did Rob go into detail about earnings forecasts? I...
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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 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| AMA (ASX) Chart |
