AZG 0.00% 3.6¢ allmine group limited

investor007: "Some of the contract delays are actually a...

  1. 4,283 Posts.
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    investor007: "Some of the contract delays are actually a blessing in disguise...".

    LOL. I wish I was happy if ever my pay check was deferred.

    investor007: "The make up of AZG's register is still pre-dominantly retail investors"

    The top 20 shareholders own 61.01%. One would assume that the high net worth individuals on this list would have some professional guidance or know a little about investing. (Quasi institutional)

    After meeting with several micro cap fund managers (The smart ones) and having heard that AZG was stated on Montgomery and Your Money Your Call I would assume that AZG is not under the radar. I think everyone is just waiting for the annuals to come out. Yes I agree definitely no track record and their maintenance division licks balls(drain on capital employed). Division only profitable if they have large scale.

    But does it matter if institutional investors are buying or selling? Shouldn't one focus on their understanding of the business especially how to value it and price the risk inherent in the business?

    Still disappointed with share price!!! Hopefully it will keep going down.

    Just for fun I did some research on NFC. Very interesting.
 
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