Australia's largest stock trading and investment forum Australia's #1 stock forum

AMA

Click for more information

3.39%

6.1¢ ama group limited

Canadian Insight, page-2

First 2 Last

Share
Profile

Follow
Diplaris

63 Posts.

3

27/07/15

10:58

Post #: 15698126
Share

Originally posted by JamesRS ↑

Came across an interesting few pieces of news from Canada regarding the smash repair industry there. Similar sized market, similar geographic spread.

In 2009, company called the Boyd Group had around $200 in annual sales. Now, that's about a quarter of their annual turnover. Five years ago, the major players had less than 10% of the total market, now they have double that at over 20%.

Economies of scale and efficiency come from management purchasing parts and infrastructure in bulk and negotiating discounts from major suppliers. Also back office efficiency in terms of scheduling, payroll management and other administration, allowing owned centers to do more work more quickly - which in turn drives repeat business and better customer reviews as well as the holy grail, more referred work from insurance agencies.

That's compelling from my point of view, and shows that AMA Group may well have the same sort of runway in front of it that Boyd Group had in 2009. Watching how industry dynamics and business cases play out in other countries doesn't mean it will be an exact carbon copy here, but it's good insight to see how it may play out here and a lot of factors are the same.

Expand

Did you find out how long had they consolidated up already to get to their 200M ?

AMA Price at posting: 68.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

SKS

SKS secures $20M for extension works on Melbourne data centre

BOE

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s

LTR

Liontown's first spodumene shipment to leave Kathleen Valley this month – but prices far from 2022

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

There are more pages in this discussion • 2 more messages in this thread...

First 2 Last

Add AMA (ASX) to my watchlist

(20min delay)
Last 6.1¢		Change 0.002(3.39%)		Mkt cap ! $282.1M

Open	High	Low	Value	Volume
5.8¢	6.2¢	5.7¢	$251.8K	4.274M

Buyers (Bids)

No.	Vol.	Price($)
4	219169	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.2¢	1490968	7

View Market Depth

No.	Vol.	Price($)
4	219169	0.060
4	656349	0.059
4	632032	0.058
2	234316	0.057
2	510000	0.056

Price($)	Vol.	No.
0.062	1490968	7
0.063	2	1
0.064	16000	1
0.065	309881	4
0.066	20000	1

Last trade - 14.38pm 04/09/2024 (20 minute delay)

AMA (ASX) Chart