ASH 0.00% 19.0¢ ashley services group limited

TheBull.com.au Buy List, page-9

  1. 233 Posts.
    Called the company today. The results announcement is expected during the week commencing 22-August-2016. It may be any time that week.

    Expecting a re-rating post the results. If they have a decent outlook statement, it would put a rocket under it.

    Volume seems low still, and justifiably so as a lot of the initial IPO shareholders got burnt. However, right now it is priced as a deep value play.

    If management deliver as it seems like they may, the liquidity will come back with the price rising simultaneously.

    ASH is a strong strong buy in my view. DYOR.

    GLTAH
 
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