That’s the thing the consumer doesn’t have to worry about paying for dents in vehicles, cause the insurer does. It’s like saying people won’t get their houses rebuilt after the recent bush fires cause they are worried about money, they don’t have to pay for it!!!
Its the only recession proof market, as all funds are paid by the insurer.
Yes their aftermarket division may suffer, however this company has always returned in excess of 10% ebitda.
They turned over almost 400 mil to the half year & had some one off costs & tough conditions. They also only had 2 months of trading with capital smart heading into the holiday period. They should at a minimum with cap smart fully operational turn over another 500mil to the next half year & deliver on their 10% average to achieve their revised profit forecast, which investors were happy to hold at around $1.00.
That’s 5 times you money if you hold till the August report.
- Forums
- ASX - By Stock
- AMA
- AMA update. Undervalued 15-22%
AMA update. Undervalued 15-22%, page-14
-
- There are more pages in this discussion • 73 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMA (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.7¢ |
Change
-0.003(5.00%) |
Mkt cap ! $272.6M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 5.7¢ | $108.6K | 1.873M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 247049 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 79675 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 247049 | 0.057 |
17 | 2063239 | 0.056 |
4 | 367983 | 0.055 |
2 | 118800 | 0.053 |
1 | 96153 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 79675 | 1 |
0.060 | 695370 | 3 |
0.061 | 614056 | 3 |
0.062 | 510645 | 4 |
0.063 | 384468 | 4 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
AMA (ASX) Chart |