AU8 1.67% 6.1¢ aumake international limited

Overdone, page-24

  1. 26,847 Posts.
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    Even compared with BLY, which is providing drilling services/equipment renting to metal mining companies.

    BLY:

    Market cap: $76m
    Net debt: ($566m)
    NPAT: ($66m) loss
    12 month share movement: -67%

    At one stage share movement: -80%, dropped to 8.5c then bounced to 26c within 2-3 weeks.

    TTN is high risk at $1.70 where AMP and Pie funds buying, but after 80% drop for the year, IMO, risk/reward ratio is attractive for risk takers. TTN business nature, is every contract term do few months, they know to find new customers if lost. At least they are still making profit. I can't believe this one was trading at $3.70 12 months ago.

    DYOR, I view TTN as good ST trading oppo.
    If you prefer investing less risk, I won't suggest. Current market, there are not many stocks undervalued for Long term investment, even banks are not cheap. Only one blue chip, BHP might be a good LT oppo.
 
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