ATG - Austin Group - Aussie Stock Forums

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  1. #1

    Default ATG - Austin Group

    From .80c a share and paying a dividend of .03c down to .27c and no dividends.
    This Geelong based clothing wholesaler appears to be in real trouble.
    Anyone hqave any updates ? Any "positive" news ??

  2. #2

    Talking Re: ATG - Austin Group

    I like this company, especially at the lower price it is currently at. They have zero debt and can easily afford a bad year. There 4 previous years to this bad year had returns on equity of around 20-27%. They have some very good brand names and they sound like they are putting an effort in to grow the company with some outside assistance. (refer to announcment on 16/6/06). I have high hopes for this company to do well into the future.

  3. #3

    Default Re: ATG - Austin Group

    Yeah Ok ... I'll bite.

    This sort of pattern often signals a final low. Not for me and yet not one to dismiss either.

    This is one I'd add to the pipeline for monitoring
    Attached Images
    All the Best
    by the tips of my fingers

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