AZZ 0.00% $7.50 antares energy limited

now for a valuation reminder, page-39

  1. 6,389 Posts.
    To buy into AZZ on a short term basis I would like to see several things:

    1. The USA based dumper gone for good. I guess we'll either have to wait for the next Top 20 update or see an end to the 300,000 share trades or whatever number they are down to now.

    2. The company come out with some decent information about the Petrohawk asset. Right now the value is zero as no numbers can be applied to it. It could be worth $0 to several tens of millions. Who knows for sure.

    3. Information about what it plans to do with the cash.

    4. It would also be nice to actually see the company put a final order to buy the rest of the share buyback in the market queue and be done with it. Say 35 or 35.5 cents.

    To be a long term buy, I'd need to see that above information to evaluate it first and then I'd like to see an expanded BOD's with some people that really hve no connection to the company or allegiance to any current director or high level management type.

    The share price is bascially pathetic reflecting the trust the market places in the people running AZZ.

    Yes, it looks cheap, but people were saying that at much higher prices.

    I'd guess that at the current prices it is selling for less than cash value, after taxes...........and still no buying support anyhwere in the queue - less than 500k over 30 cents....


 
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Currently unlisted public company.

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