AMU 0.00% 21.0¢ amadeus energy limited

pe ratio of 2.6 with rising production, page-5

  1. 749 Posts.
    Hi Ozgem

    Yes, you and a small, loyal band of standard bearers have indeed kept the flag aloft through the lean times. I guess that reflects pretty accurately how the stock itself has been marketed by management: no blaring trumpets or fanfare, just a stealthy advance under cover of darkness.

    Ah weel... just like William Wallace in 'Braveheart', it took a while to rally the necessary troops but what a stand they then made! (We won't talk about what happened ultimately as it doesn't suit my metaphor, but you get the point)

    I reckon the trigger for a SP surge will be the announcement on increased production rates. Management could do a lot worse than publish an earnings table as AZZ did this morning; a tantalising glimpse pf blue-sky which sent the stock into orbit, despite the fact that AZZ's numbers (good though they appear to be) are not yet confirmed.

    AMU's earnings are already very healthy but they're about to get a whole lot better. As an earlier poster said some weeks ago, perhaps management need to put their production figures into cents-per-share earnings (currently nearly 13 cps and rising). That's patently ridiculous for a share priced at .33 cents and either the market or a predator will ultimately acknowledge it.

    Patience!

    Gupper

 
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