Amiad Water Systems Share Discussion Threads

[bertiebingo] 14/10/2021 16:04

Anyone know how to look at this stock as I can't find any research and financial results seem to be only available in Hebrew.

[richardly] 28/9/2021 23:55

Halifax Share Dealing:
Removal of shares.
Important Information & Other Key Dates:
Further to the Cancellation of Listing on 26th August 2021, we have received notification that the Amiad Water System (Amiad) shares are no longer eligible to be held within the UK Settlement System.
We have therefore removed the Amiad shares from your account.
Should we receive any distributions from the Company, we will notify you at that time. Please note, however, that there can be no certainty that such a distribution will be made.
A certificated holding may be retained by the registrar. If this is the case, we will reflect this on your account although it may not be visible. Should you hold your shares in a ShareBuilder Account please be aware that upon receiving a certificated holding we will take the necessary steps to transfer the shares to your ShareDealing Account, in accordance with our Terms & Conditions. No fractions of shares will be transferred.
Should you wish to find more information, please visit the Amiad website, www.amiad.com.

[cerrito] 05/7/2021 22:34

I have not been invested in AFS for some years but did well with them in the past.
I keep a periodic watch on them and just seen that leaving AIM for Israel.
As they are one of the few pure water plays sad news for AIM but I can hardly blame AFS for the decision they took.

[richardly] 28/4/2021 22:21

So has anyone in the UK got anything to say about the latest development?

[scepticalinvestor] 26/3/2021 07:18

very decent update

[kevph] 26/7/2018 08:11

That 10% stake taken seems to have stepped the price up. Potential to be acquired perhaps?

[bruceylegs] 24/7/2018 10:33

Market giving its approval of the Indian acquisition.

Bought after a nice cup & handle formed during late June.

[cjohn] 04/6/2018 09:13

Have taken profits here.

Still decent value, but no longer compelling.

[cjohn] 23/2/2018 11:26

And has now risen 50% from the 120p I paid; and still looks cheap.

[cjohn] 10/10/2017 20:23

Debt over last ten years has remained low, and is lower than 5 years ago. Tangible gearing of 20% is scarcely unbearable.

look at the almost year on year increases in tangible asset value for the last decade.

This is a financially very sound company with a decent long-term record of increasing shareholder value. Far too cheap.

[eastbourne1982] 09/10/2017 23:53

Kibbutz owns 48% of the company, hardly a sign of not backing the company.

Last results were decent.

Whilst the company could be described as being from Isreal, it is a global business that has been around for some time, it isn't a recently floated pile of garbage.

This company should be worth 50 - 75 million, not 30 million.

I hold and will continue to do so.

Some decent buying recently as well.

[mrx9000] 09/10/2017 22:37

Looked at this, they are cheap for a reason...

- Israeli, increasing debtors, poor cashflow margin etc etc. No recent director buying, in fact none for a while apart from significant sell of £9m in 2013. Bargepole stock.

[cjohn] 09/10/2017 17:40

Good to see this moving up in an absence of news.

The sheer cheapness of the shares in relation to current assets and the encouraging forward outlook mean these are manifestly under-valued. (And clearly off the radar of most investors. Hence the bargain valuation.)

[malcolm355] 25/9/2017 16:49

Article involving CEO Dori Ivzori written in Hebrew on Jan 2015.

hxxp://mynetkibbutz.co.il/article/153661?OriginalPostId=153688

[luckymouse] 02/2/2015 15:00

Gorgeous looking chart - shame the 12% spread is such a rip off you cant touch it

[cerrito] 17/2/2014 09:09

Been thinking in rather a lack luster way of going back in; share price will be affected by £ strength and of course Viola ditching 3.5% in such a thinly traded stock will not have helped.
That having been said the Oct 18 trading statement did not inspire optimism with the forecast that H2 13 revenue will be the lowest 6 month figure since 2010

[cerrito] 16/12/2013 21:13

Evening Standard today ran a story on Matthew Sheldon the K Benson fund manager's purchase oif shares as per 11 Dec RNS; also interesting ti see Impax had increased their stake. Perhaps the share price have reached their bottom. Sheldon was quoted as saying it was a unique opportunity to get a stake.

[staverly] 28/9/2013 13:19

According to ShareScope house broker Nomura has materially cut FY turnover expectations to 79m from 95m. It would appear that the house broker reduced expectations on 10th September. share price surprisingly unaffected, DYOR

[pugugly] 11/9/2013 10:13

staverly:> Many thanks for your 241. Had just coome to have a look as now hit a 6 month low but in an area of potential future growth but your comments re managmentand lack of a competent person to answer question plus breakdown of shareholders have persuaded me to look elsewhere.

IMO given the concentration of shareholders maybe this coy should not be listed.

e&oe.

[staverly] 18/6/2013 02:11

Just got round to looking at their FY. I await the AR in suspense as cannot make sense of the cash flow statement. Appreciate some help as to how cash flow from operations appears as 15.4m

[cerrito] 10/4/2013 10:00

The company is right when it says in this morning's release that it has the right solutions and is in the right markets.
That having been said the results were good but not sure if good enough to justify the current sp; having had these quite often in the past I have none now and not buying at these prices.
As I have said before such is the shortage of pure water stocks in the worldwide equity markets do not see a big downside here but the spread is quite high and also remember they have a stable shareholder base.
As they indicated the second half weaker; of the after tax profit, $4.2m earned in the first half and $3.7m in the second with sales in the second half at $64.6m down from $66.4m in the first half. The second half did have a very strong operating cash flow and the financial structure is appropriate.
Will keep watching and I note their comments that the first half will be sluggish

[staverly] 05/3/2013 00:23

cnx: yeah, that hadn't escaped my notice. You know my views. Last year they reported on 29th March so still maybe time to sit this one out. Good luck