AYO unknown

watch this one, page-16

  1. 11,444 Posts.
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    re: watch this one... for the revival Jocam,
    That's truly amazing - you think that AYO is a bargain at a market cap of $100mil and that PSA is a sell at a market cap of $150mil.
    We expect PSA will have a positive cashflow of $60mil+ next year,can you tell me what AYO will have in cashflow next year - I can't see more than $20mil from Turkey and I'm not convinced their US operations will be cashflow positive even though they're spending big dollars on them at the moment.
    Anyway I picked up 15k PSA today at $1.22 after somebody dumped 50k on the market.
    I'll keep looking into AYO but doesn't seem good value to me at the moment.
 
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