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2.5¢ atomos limited

Ann: FY21 H1 Trading Update, page-30

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hotsteve

132 Posts.

100

21/01/21

10:49

Post #: 50333588
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Originally posted by Roy2U: ↑

It is now 2 weeks since the 7 Jan 2021 market update. The last closing price before that update was 98cents. It is now at the time of writing back to 98 cents after getting as high as $1.12 the day of the announcement. I want to re-cap on how good this update was:

1H21 sales guidance of $28M+ set about 5 weeks earlier was exceeded by $4.6M or 16%;
Sales momentum accelerated in the later months of 1H21;
AMS will be EBITDA and Cash Flow positive in 1H21;
AMS is the only company with monitor/recorders with Apple ProRes Raw (8 camera makers);
Entertainment sales to accelerate in 2H21 from $1M of initial sales of Neon range;
Cost control continues to meet guidance.

IMO, the big yawn in the share price post this update indicates a rare market pricing mis-match. The above guidance beating news indicates that AMS is performing much better in all respects than the market gives it credit for.

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Agree - these are compelling announcements.

There has been a lot of portfolio rebalancing over the last 2-3 weeks, so I would say the market will soon realise this is a good thing, and will react accordingly.
AMS Price at posting: 97.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.5¢		Change -0.001(3.85%)		Mkt cap ! $30.37M

Open	High	Low	Value	Volume
2.6¢	2.6¢	2.5¢	$12.22K	480.0K

Buyers (Bids)

No.	Vol.	Price($)
4	619508	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	7000	1

View Market Depth

No.	Vol.	Price($)
4	619508	0.025
4	550000	0.024
6	790969	0.021
3	337830	0.020
1	100000	0.019

Price($)	Vol.	No.
0.028	7000	1
0.029	100000	1
0.030	100000	1
0.032	33600	2
0.033	300000	1

Last trade - 15.27pm 07/11/2024 (20 minute delay)

AMS (ASX) Chart