AMM 0.00% 1.4¢ armada metals limited

new high, page-31

  1. 1,340 Posts.
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    With a PE of 22, I wouldn't call Amcom much of a buying opportunity... yet. AMM is trading on a 2015 forecast PE of 15. Will the PE still be 22 in 2015... if so great. But on the other hand, I don't think its that likely. It's more likely that the companies like Vocus and Amcom will trade on PE 13 - PE 18 most of the time. Therefore, unless the market is still super optimistic about Amcom in 2015, you can't really be that convinced you'll make much capital gains... especially if you bought in at above $2... even if the company does perform well. The guy who bought at $2.05 is either a daytrader or I doubt he is making money out of investing because that was not supported by any kind of fundamental valuation that I can understand.

    If you buy Amcom at $1.50, then that's a forecast PE of 12.5 in 2015... in that scenario, even if the stock is trading at PE 13 in 2015, then you'll still have capital gains plus dividend.

    Buying Amcom now is a bet that sentiment for the stock will hold up. I can't believe it was trading at over $2.10 already... that is really optimistic in my view.

    better to buy MAQ or even VOC in my opinion, although I'm a buyer of neither at the moment.
 
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Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $2.912M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 855713 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 328015 1
View Market Depth
Last trade - 16.12pm 19/06/2024 (20 minute delay) ?
AMM (ASX) Chart
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