The profit result will almost certainly disappoint / be an excuse to sell. This is because AMA has not owned the majority of their acquisitions for long enough to improve the reported results. The next half year results will probat be a better guide.
This is coming from a content holder, bought the stock at low 30s for stable and attractive dividend - have been pleasantly surprised by the clear shift in strategy toward panel repair that has driven the re-rating
AMA Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
