AMM 53.9% 2.0¢ armada metals limited

Ann: Amcom acquires L7 Solutions , page-6

  1. 751 Posts.
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    I increased my AMM holdings last Friday, what you've got is a well-priced, low debt company still undergoing strong organic growth (fibre division EBITDA grew 22% in FY11) with the additional growth upside in their cloud and voice businesses.

    With Amcom's Gigabit+ bandwidth capabilities (at least in CBD areas) the network is no longer the bottleneck. In a few years time most of Amcom's value proposition will be centred around their IT, Voice and Cloud applications with the network becoming invisible.

    Technology companies are always vulnerable to obsolescence, but as far as enterprise ICT goes Amcom is miles ahead of the curve in comparison to their competition.

    Unless they lose their edge AMM is a forever stock for me.
 
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