Articles On AMA Group (ASX:AMA)

Highlights At the opening tick, the ASX 200 was trading 12.4 points or 0.17% down at 7,394.2. The Information Technology and Healthcare sectors were down 0.77% and 0.32%, respectively Sydney Airport has granted due diligence to a cons...

The S&P/ASX 200 (ASX: XJO) suffered a 1.6% loss during the week, while all three US benchmarks also ended lower. Here are my three key investor takeaways from the week. Takeovers aren’t always a given Searching for the next takeover tar...

The S&P/ASX 200 Index (ASX: XJO) rose by 0.5% today to 7,407 points. Here are some of the highlights from the ASX: Santos Ltd (ASX: STO) and Oil Search Ltd (ASX: OSH) The two oil businesses have agreed to combine to create a “regiona...

The AMA Group [ASX:AMA] share price is on pause today after it flagged a $150 million capital raising to strengthen its balance sheet. The post AMA Group Share Price Paused on $150 Million Capital Raising (ASX:AMA) appeared first on Money...

Highlights The ASX 200 was trading 0.3% higher at 7,391, by lunch. The index gained as much as 0.8% in opening deals. Nine of 11 sectors traded higher, while materials gained the most. Wisetech Global, Ariadne Australia and 4 others...

The AMA Group Ltd (ASX: AMA) share price won’t be moving today after the company announced a $150 million capital raising to bolster its balance sheet. What are the terms of the capital raise? The $150 million capital raising will comprise...

Highlights The ASX 200 was trading 7 points up at 7,376.5 during opening trade. The market breadth has been on a positive side so far, with 10 out of the 11 sectors trading in the green. New Energy Solar announced that its off-market...

ShareCafeAustralia… One Hour In… ASX200 up 31 ASX200 up 31 points (0.4%) to 7402.   AMA Group (TH); in voluntary suspension as it is considering a capital raising. Cleanaway (-0.7%); ex div 2.35c.  Trading down 2c. Infratril (+0.7%); has c...

AMA Group’s raising will take the shape of a $100 million fully underwritten rights issue and a $50 million fully underwritten convertible note.

Well, isn’t this smashing. AMA Group is set to delve into the world of convertible bonds as part of a $150 million recapitalisation, in a deal expected to be put to fund managers on Friday.

The AMA Group Ltd (ASX: AMA) share price has been going nowhere since yesterday morning. A trading halt came into effect pending a release from the smash repair company before market open on Monday. The last closing price of AMA Group’s sh...

Highlights The ASX 200 declined as much as 1.1% to hit a low of 7,440.10 by lunchtime. All the 11 sectors were bleeding in red, while energy declined the most. The top loser on the ASX was iron ore miner Fortescue Metals. Appen, Alum...

Highlights The ASX 200 has opened 0.9 points lower, owing to jittery sentiments from increasing COVID-19 infections in the country. Today, the market breadth is on a negative side, with seven out of the 11 sectors trading lower. AMA G...

ShareCafeAustralia… One Hour In… ASX200 down 74 ASX200 down 74 points (1%) to 7449.   Altium (+0.2%); ex div 21c.  Trading up 8c. Alumina (+4.5%); there has been a military coup in Guinea, which is a key source of bauxite – made to use alu...

Smash repairer AMA Group is set to raise equity at its lowest price since the market crash in March last year. 

The S&P/ASX 200 (ASX: XJO) finished the week on a positive note, adding 0.5% on Friday with the market ending up the same amount over the five days. On Friday it was all about resources and utilities, with Alumina Limited (ASX: AWC) jum...

Swiss bank UBS is on board smash repairer AMA Group in the strongest sign yet that the smash repairer’s capital review is quickly headed towards a capital injection.

In late trade, the S&P/ASX 200 Index (ASX: XJO) is on course to finish the week with a decent gain. At the time of writing, the benchmark index is up 0.5% to 7,522.4 points. Four ASX shares that have failed to follow the market higher...

Highlights The ASX 200 gained as much as 0.5% to 7,522.90 by the lunchtime. Seven of the 11 sectors traded higher, while material and energy gained the most. Coal miner Whitehaven Coal topped the gainers’ chart, while Afterpay emerged...

AMA Group has promised to restructure its debt by December 31.

Highlights Australian companies have had mixed fortunes amid the pandemic, with some finding it extremely difficult to tackle while others benefit from the unprecedented situation. Border closures and other COVID-19-related restriction...

In Short & Caught, Stockhead recaps the ASX stocks that are the most shorted right now.   How does shorting work? Shorting works by selling stocks you do not actually own in the hope of buying them back at a lower price. Investors are i...

Bankers have been pitching to smash repairer AMA Group, which is assessing how best to fund its future.

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

The market is gaining ground this morning but broker downgrades are holding back these two ASX shares. The S&P/ASX 200 Index (Index:^AXJO) increased by 0.4% at the time of writing with the Sydney Airport Holdings Pty Ltd (ASX: SYD) sha...

Summary The ASX 200 ended 43 points or 0.59% higher at 7308.60, led by gains in energy, telecom, and banks Barring tech and consumer staples, all sectors ended in green. Edutech firm IDP Education was the top gainer, while intellectua...

The most notable directors trade over $100,000 in the last fortnight was a $4 million trade by Yaniv Meydan from Openpay (ASX:OPY). Meydan, who is based in Israel and whose family vehicle is one of Openpay’s largest shareholders, chipped in...

World Overnight SPI Overnight (Jun) 7093.00 + 3.00 0.04% S&P ASX 200 7092.50 – 22.70 – 0.32% S&P500 4195.99 + 7.86 0.19% Nasdaq Comp 13738.00 + 80.82 0.59% DJIA 34323.05 + 10.59 0.03% S&P500 VIX 17.36 – 1.48 – 7.86...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a small gain. At the time of writing, the benchmark index is up 0.1% to 7,122.7 points. Four ASX shares that are climbing more than most today are listed below...

The most noteworthy directors trade over $100,000 was a $6 million buy made by a former NRL player. Wes Maas played two first-grade games for South Sydney in 2002 but after that founded civil and mining construction company Maas Group (ASX:...

If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells). Trading Places is Stockhead’s recap of the substantial holder movements am...

This year's economic recovery has breathed new life in the local automotive industry, but not all share prices have been treated equally -New car sales are back on the rise in Australia, but structural challenges remain for the industry-His...

Last week your columnist delved into the issues facing stocks such as Crown Resorts (ASX: CWN) that rely on the stroke of a regulator’s pen to stay in business. Highlighting the risk, Crown has since become a takeover target with diminished...

The New Criterion's Tim Boreham highlights ASX listed stocks exposed to single party risk and subsequent share price plunge risk By Tim Boreham, Editor, The New Criterion Last week your columnist delved into the issues facing stocks such as...

If you want to know which ASX stocks fund managers and famous investors are putting their money into we’ve been keeping track of substantial holder buys (and sells). Trading Places is Stockhead’s recap of the substantial holder movements am...

Dear Reader: As part of FNArena's coverage of the February reporting season in Australia, Editions of the Australian Broker Call *Extra* Report will be focusing on responses to released financial results during the month. **** An additional...

AMA Group Ltd (ASX: AMA) shares have plunged today following the release of the smash repairer’s half-yearly results for FY21. At the time of writing, the AMA share price is trading at 65 cents, down 7.14% on yesterday’s close. What’s weig...

The OC Micro-Cap Fund has released its update for the month of January and revealed that it has extended its 12-month total return to an impressive 41.5%. This means the small-cap focused fund is outperforming the S&P/ASX Emerging Comp...

Summary Australian automotive industry has been on a recovery mode after the pandemic restrictions eased. Companies like AP Eagers and ARB Corporation are near to 52 week highs.  Firms are also looking for consolidation to deliver grow...

Less than a week since quitting as chief executive of Australia’s largest vehicle smash repairer AMA Group – it looks like Andy Hopkins has sold out of the company entirely. 

During January the ASX200 ended the month virtually where it started with consumer discretionary and banks the standout sectors -The ASX made gains of 0.3% in January-Value outperformed growth-Commodity prices were a key area of strength-FY...

The AMA Group Ltd (ASX: AMA) share price opened more than 2% higher today before dipping slightly to its current level of 64 cents. The jump follows news that the company is seeking to recover $1 million from former chief executive Andy Ho...

The S&P/ASX 200 Index (ASX:XJO) fell by 1.4% today to 6,587 points. The number of COVID-19 cases in NSW continues to rise and now Victoria has a cluster to deal with as well. Here are some of the highlights from the ASX: Cimic Group L...

The market is in retreat today but there are two ASX stocks bucking the downtrend after getting upgraded by leading brokers. The S&P/ASX 200 Index (Index:^AXJO) shed 0.5% ahead of the close with most sectors slumping into the red on we...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

In a much-anticipated acquisition, GUD Holdings has committed to the expansion of its automotive business with the purchase of ACAD from AMA Group, now considered a takeover target -Additional investment by GUD Holdings required-AMA Group t...

ShareCafeGUD – UBS rates the stock as Neutral GUD Holdings will acquire AMA Group’s ((AMA)) automotive components and accessories division (ACAD) for $70m, to be funded by an institutional placement and share purchase plan. UBS considers th...

The AMA Group Ltd (ASX: AMA) share price is pushing higher on Thursday after announcing the divestment of its ACAD business to GUD Holdings Limited (ASX: GUD). At the time of writing, the AMA share price is up 2% to 84 cents, whereas the G...

GUD Holdings is on the hunt for $70 million in fresh equity to fund its acquisition of AMA Group's automotive components and accessories division (ACAD). 

It's appears to be a case of killing two birds with one stone at car parts and services business APAS.