AMM 0.00% 0.9¢ armada metals limited

hi mike, good result! ROE: based on share holder equity of 140 m...

  1. 721 Posts.
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    hi mike,

    good result! ROE: based on share holder equity of 140 m (dec 09) and NPAT 17.2 is 12.2% . ROE is increasing which is good.
    I like companies with ROE above 15
    I will keep an eye on it.
    I looked at the stocks you mentioned in the it sector. I like DWS ( i own) which was a bargain not very long ago and DTL which i am looking to buy . Also OCL which you mention which on a valuation basis purely is more attractive than AMM.
    could you please shed some light on what advantages do you see in amm as compared to OCL?
    cheers
 
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