AMA 1.67% 5.9¢ ama group limited

Definitely heading back there, if not this week, then early next...

  1. 500 Posts.
    Definitely heading back there, if not this week, then early next week.

    The more you look at the numbers, the more ridiculous the current market price looks. Even if they we're to notch up an ebit of only 10% of their previous amount, it would be 1 million dollars. On a company valuation of 9 million? you have an ebit of 1 million? Not to mention the 80 million in sales revenue previously reported.

    My opinion is that they're hold the div. steady, and that ebit will improve from its current position, rather than regress.

    All we need is one announcement saying, hey, the interest rates have gone down on our debt and the banks realise we're making a good profit. So business will continue as usual. AND WE ARE BACK.

    Again, if not this week, next week for sure.
 
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