Ann: Half Year Results Presentation 2016-CAA.AX, page-4

  1. 110 Posts.
    There's no decent liquidity in this stock so they're easy to buy but hard to sell.

    Their market cap is a fraction of the borrowing since 2009 and, similar to OneSteel/Arrium are the "Incumbent" in the industry with a load of Legacy Issues, such as inappropriate manufacturing facilities, more expensive Head Office / systems / work practices and peripheral issues and distractions than their main competitors.

    Their competitors are more agile, lean and capable family businesses with decades of experience in aluminium, including:
    Aluminium Profiles Australia 40+ Years http://www.aluminiumprofiles.com.au/ ) who are just putting in a large press that will hit at a high margin segment previously dominated by Capral,
    GJames 40+ years (http://gjames.com/ )
    Ullrich 50+ Years ( www.ullrich.com.au/ ) New Press 2009
    Almax Aluminium - 10+ Years (http://www.almax.net.au) New Press 2015
    Aluminium Shapemakers 40+ Years (http://www.alushapes.com.au) New Press 2016
    Extrusions Australia - 10+ Years http://www.extrusions.com.au
    Independent Extrusions 20+ Years (Inex) http://www.inex.co.nz New Press and paint line 2013
    Olympic Aluminium Co Pty Ltd 20+ Years (http://www.olympicaluminium.com New Press 2014

    Contrast this with Capral, whose last 3 CEOs were new to the Industry and presided over loss of most key experienced manufacturing staff over the past 6 years.
    Last edited by Frank Ockem: 30/08/16
 
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Last
$10.27
Change
-0.230(2.19%)
Mkt cap ! $170.7M
Open High Low Value Volume
$10.42 $10.42 $10.22 $180.8K 17.55K

Buyers (Bids)

No. Vol. Price($)
1 203 $10.27
 

Sellers (Offers)

Price($) Vol. No.
$10.40 1000 1
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