AMO - Ambertech

[Lizard]

AMO agm today was not terribly compelling. Forecasting $1.0 - $1.4m NPBT for the half year, so will be well down on pcp and really going to have to wait for an indication on FY before I'd want to buy again. But worth watching, as they have the potential for a safe recovery play one day.

Though when the time comes, it may not be worth the risk if they fail to keep the market well-informed and perform as erratically as has happened in the past.

[Lizard]

Some shareholder activism emerging here, with an attempt by a major shareholder to remove/replace several board members. Given the performance of AMO, this can probably only be a good thing.

Current share price of 20cps/market cap $6.6m on sales of $54.5m and equity of $13.2m, so there is plenty of room for improvement. Will watch with interest.

[percy]

AMO Trading well,modest ratios,and paying a good divie.Positive out look.
https://cdn-api.markitdigital.com/ap...5739-2A1506596

[percy]

AMO gets a mention ;
https://stockhead.cmail19.com/t/d-l-exjtdd-yupddjlly-m/

[percy]

In a weak market AMO's share price looks very strong,in fact it looks to me as though it is in "break out" mode.