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AYS - amaysim Australia

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yep, you gotta do what your gut tells ya. I'm actually hurting quite badly with TLS and VOC right now - so like you maybe I should go easy on the telco side of things too
 
roland said:
yep, you gotta do what your gut tells ya. I'm actually hurting quite badly with TLS and VOC right now - so like you maybe I should go easy on the telco side of things too
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I hear ya. Telecommunications is a tough game. The key is finding the growth sectors or new sectors and then finding the quality players in those sectors with real revenue growth potential. It's not easy and takes a lot of research, but it's interesting and more fun than an ETF.
 
There is a perception out there that the mobile phone reseller model is going to come under increasing pressure due to margin compression by the telcos.
 
roland said:
Hey greggles, I enjoyed your commentary on AYS. Comsec just upgraded this to a buy with a 12 month target of $1.40 - might pick some up on Monday
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Roland, I hope you didn't buy those Amaysim shares. They're tanking again and closed at 75c today. No news behind it, just general negative sentiment pushing it down. What an ugly slide it has been since 8 February. Telcos are on the nose at the moment. Best to keep your distance.

 
greggles said:
Amaysim launches $50m entitlement offer

https://www.sbs.com.au/news/amaysim-launches-50m-entitlement-offer
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following trading open, it will be interesting to see market reaction.
60 cents for rights against market price of 94 cents is definitely a deep discount to lift share price. Debt reduction has been reported but at the same time, share holders still to wait. One can argue how competitive $60 per month plan would be considering Telstra does offer a much wider reach across Australia as well as when on roaming overseas and support . Then TPG.
DNH and exited much earlier though ironically excepting mine, other two mobiles at home on Amaysim plan
 
No way I’d touch this. I follow a bargain hunting website, and CashRewards we’re offering $35 back on the $10 Amaysim SIM card (prepaid). You could cancel after 1 day!!! Someone is footing that bill to acquire customers...
 
Hello AYS followers
Between Feb and March this year, many of the posters including myself felt AYS is not to touch.
AYS /Clik resolved an ACCC issue almost at the same time with the details given on the attached link.
https://www.asx.com.au/asxpdf/20190327/pdf/443swl9bkb5rw3.pdf
Since the rights issue, AYS has shot up to 75 cents.
EPS -0.041 AUD
So for those exercising their rights, @60 cents have got a paper return (if held since Feb 19) of 25% in 3 months. Would it be sustainable? Have held and sold out long back.
Anyone could comment?
Thanks
 
Interesting couple of days with 1.9% and 1.3% gains to confirm a BO.

What caught my eye today was the range of the SP which would mean something to the guys following VSA which I still haven't fully grasped so maybe @barney might add his view.



 
Trav. said:
What caught my eye today was the range of the SP
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I'm certainly no expert Trav but when we get a wide ranging bar that closes back towards the lower end of the bar, its generally a red flag. If it trades back above 80 cents on reasonable Volume in the near term that would look a lot healthier.

Will have another look later this arv ….. Still have to do some real work to pay for my trading mistakes
 
Screenshot of this morning …… Trading this arv is looking ok with Buyers still poking their noses in above 81 cents.

Its been a pretty solid recovery since the sell off earlier this year.

 
barney said:
Its been a pretty solid recovery since the sell off earlier this year.
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Terrible numbers for AYS today, especially for mobile where underlying EBITDA was down a whopping 51.3% to $15.2 million.

A $6.5 million operating loss for the year, down from a $14.8 million profit for FY2018.

I know that mobile is a highly competitive market but this is a really disappointing result for AYS.

Nothing to recommend here. Share price down 13.4% to 58c.

 
greggles said:
Terrible numbers for AYS today, especially for mobile where underlying EBITDA was down a whopping 51.3% to $15.2 million.
Click to expand...

Hadn't looked at this since last month … Ouch! (DNH fortunately)

As is often the case, the chart was telling the story early. Easy in hindsight of course, but there is a valuable lesson in those bars.

It started showing weakness immediately after the failed double top late July.

Capitulation confirmed on 5th August … There was time to get out with half a shirt between 6th-9th August

I remember calling that bar on the 16th July a potential Red Flag …. It certainly turned out to be one.

Obviously a few punters were privy to the problems ahead ….. Not a good look for the Board

 
JTLP said:
No way I’d touch this. I follow a bargain hunting website, and CashRewards we’re offering $35 back on the $10 Amaysim SIM card (prepaid). You could cancel after 1 day!!! Someone is footing that bill to acquire customers...
Click to expand...

Wowwee. Wonder why their margins fell. You can’t give money away...
 
System1 worked there, was out on open last monday.19th..limiting losses.always interesting to follow up on sells
 
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