I'm thinking this is a contrarian turnaround story. If management are to be believed improved performance expected in 2nd half. I calculate AGI to be trading on 14-15x FY17. The business looks in reasonable shape and most issues are being addressed and downside is limited if Nova wants this and pay $1.60 as has been touted. But if the turnaround story gathers momentum and 2nd half is stronger followed by a good FY18 then this could easily go well north of $2 (once they reinstate dividends it will get another kick). I remember ALL went through similar ups and downs over the years so it's a punt for the patient. Most comforting is the balance sheet is fairly strong.
I'm thinking this is a contrarian turnaround story. If...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AGI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
76.5¢ |
Change
-0.075(8.93%) |
Mkt cap ! $257.6M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 84.0¢ | 75.0¢ | $66.80K | 86.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8573 | 76.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 2442 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| AGI (ASX) Chart |