AVV aav limited

getting cheap, but..... , page-9

  1. 5,784 Posts.
    re: the analyser Top-Pick, ETC is not one that has hit my radar. Just did a quick look why and reason is that it is unprofitable at the moment and cash flows are poor.

    That is not to say it will not turn around - I prefer to see turnaround in key ratios or continuation/acceleration of already good results and then I find it - not enough time to look at them all! Might mean I miss an early move on some turnarounds but rather see some results first - and there is always a chance to get on later once I smell a turnaround - That's just my approach.

    In the same Industry (different Sub Industry) have a look at AMM, I believe it turned the corner 4 periods ago. Recently directors sold a bit of stock, I didn't like that but I am giving higher consideration to the improvement in earnings, operating margins, return on assets, revenues and cash flows over the past 2 years.

    Not cheap on a pe basis at this point but if earnings growth trend continues it is nearer to fair value I feel.

    Not a recommendation to buy though - do your own research if interested.
 
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