I am getting the feeling that AAX may be back in favour. I...

  1. 1,157 Posts.
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    I am getting the feeling that AAX may be back in favour. I believe our results announcemetn is later this month, which I feel will be solid. Management were quite optimistic with the forecasts, but i think the market is now onto how undervalued this stock is. Its been out of favour, but the contract wins are there now, the orderbook is fully loaded and management are confident enough to be making acquisitions.

    We have defintiely turned the corner from the losses and costs from office closures and redundancies of 18 months ago. The balance sheet is still strong.

    I thin kwere are well on the way to a rerating, good results in the next month and a divi will see us back up at the $4+ IMO in the near term IMO.

    Please do your own reserah, this is my opinion only.

    Cheers
    Spek
 
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