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

AMA

Click for more information

0.00%

6.6¢ ama group limited

Yesterday, page-31

First 31 Last

Share
Profile

Follow
Diplaris

49 Posts.

25/01/16

11:49

Post #: 16863068
Share

Originally posted by DZIRED ↑

I totally agree with what you're saying, and I believe that they are spending a lot time integrating these businesses. In the Chairman's address from the AGM, he said:
"Our main aim is to slow the acquisition pipeline a little to allow full integration across both the Woods and Gemini businesses and we envisage being seamless by end June 2016 from a systems, process, people and procurement perspective."

The issue that I have is, why there are no announcements made to keep the shareholders informed of these acquisitions.
I'm in the automotive industry but, have nothing to do with AMA other than a shareholder. So I hear and see things that most of AMA shareholders wouldn't and that is a concern. I'm sure every shareholder would like to know where their money is being spent.

Expand

They just announced Micra as it was material.They now have over 70 sites and a much larger annual ebitda.
My guess is the other sites are under materiality or not strategic enough to announce in their own right.AMA could easily grow by 30-40 sites per year and would be announcing every other day.As updates come through we will see where the money has been spent I am sure.

AMA Price at posting: 88.0¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

WC8

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

AXP

Tambourah chases gold veins and mineralisation extension with drilling

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

MIN

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

ACW

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

There are more pages in this discussion • 7 more messages in this thread...

First 31 Last

Add AMA (ASX) to my watchlist

(20min delay)
Last 6.6¢		Change 0.000(0.00%)		Mkt cap ! $286.9M

Open	High	Low	Value	Volume
6.4¢	6.7¢	6.4¢	$89.63K	1.363M

Buyers (Bids)

No.	Vol.	Price($)
1	78125	6.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.6¢	454517	3

View Market Depth

No.	Vol.	Price($)
4	59761	1.050
3	2596	1.045
3	3726	1.040
2	2898	1.035
1	50000	1.030

Price($)	Vol.	No.
1.055	77023	3
1.060	53603	4
1.065	51503	3
1.070	2503	1
1.080	1158	1

Last trade - 15.59pm 25/11/2024 (20 minute delay)

AMA (ASX) Chart