In the aftermath of what has happened over the last 4-6 weeks and in particular yesterday afternoon, what are peoples thoughts on the direction of AAM now and what direction would they like it to take?
Personally I think much of the downside is factored in at the moment and that if they are hitting, or close to hitting, majority of their targets and actually starting to produce a profit (even if it is marginal) then we may see a slow turn-around in the SP.
I'd like these directors to start giving some regular correspondence and give us a real understanding of where AAM is at. At the moment its like a 200 piece puzzle and 100 of the pieces are missing or drawn on a little piece of cardboard as a guess/estimate. We need some solid figures and to give us some comfort with the new position AAM is in, we need them in a timely manner.
What are other peoples thoughts? I still believe there is potential here that the directors can extract. But I do think it could be a slow process renewing shareholder confidence like turning a ocean liner.
Thought?
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