Back to scraping the bottom of the barrel for "value" stocks now...

Back to scraping the bottom of the barrel for "value" stocks now that PE's have been re-rated. Still the odd one left at the illiquid end.

Ambertech - not perhaps a long-term pick as distribution is rarely a great long-term niche. However, at 50cps, AMO is currently selling well below NTA and on a PE of 8-9, yield of 7% (plus franking).

If they get any recovery off last years dull performance, the PE should fall further. So far, the indications are encouraging, although agm should give more guidance.