There's no decent liquidity in this stock so they're easy to buy...

  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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(20min delay)
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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Last trade - 16.10pm 25/06/2025 (20 minute delay) ?
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