Australian (ASX) Stock Market Forum

AZD - Amazing Loans

3 veiws of a secret

3 veiws of a secret
Joined
18 February 2006
Posts
640
Reactions
0
I first read an article about this share some months ago,and decided to watch it more often.Unless I'm mistaken,does this share understand the terms like "SOUTH" ???? Anybody else game with AZD?
 
3 veiws of a secret said:
I first read an article about this share some months ago,and decided to watch it more often.Unless I'm mistaken,does this share understand the terms like "SOUTH" ???? Anybody else game with AZD?
You may have missed the boat. They are building up a lot of debt to lendout to the motor trade which could see a lot of repossesions if things toughen up ??????
 
nioka said:
You may have missed the boat. They are building up a lot of debt to lendout to the motor trade which could see a lot of repossesions if things toughen up ??????

I have'nt seen the price today ,but your correct its left me on the jetty ! I was more curious about the share possibly being inflation proof, but I think that was wishful thinking! salutations & THANX
 
3 veiws of a secret said:
I first read an article about this share some months ago,and decided to watch it more often.Unless I'm mistaken,does this share understand the terms like "SOUTH" ???? Anybody else game with AZD?

The biggest purchaser of shares is the company itself. Compare volumes of the buyback with the daily volumes. Those unlisted $2.50 options are now seriously in the money. Funny the company has extened their buyback even longer - why would a company planning huge expansion be wasting money on an overpriced buyback?

Two directors/management are taking huge salaries and "consulatancy fees" - $500,000+ each. Not bad for a company with revenue of $1.6m.

In my opinion, this smells. This is classic Pierpont fodder.
 
Vainglorious said:
The biggest purchaser of shares is the company itself. Compare volumes of the buyback with the daily volumes. Those unlisted $2.50 options are now seriously in the money. Funny the company has extened their buyback even longer - why would a company planning huge expansion be wasting money on an overpriced buyback?

Two directors/management are taking huge salaries and "consulatancy fees" - $500,000+ each. Not bad for a company with revenue of $1.6m.

In my opinion, this smells. This is classic Pierpont fodder.

I really have not delved to deep into this share I must admit time is precious. But for sure the volumes of buyers and sellers are slim pickings,and I would not be suprised if the directors are topping up their portfolios using revenue consolidated or whatever. Good luck to the punters ,but when this share slides it will dangle .Who knows?
 
Top