$AMMX- Analysts Report- UNDERVALUED, Major News C
Post# of 12922
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Summary of Our Research Findings
This report offers an analysis of AmeraMex International, Inc., which trades as AMMX on the OTC.
We believe there is a positive risk reward ratio to these shares at the current price.
AmeraMex is a heavy equipment sales, rental and leasing company, located in California, that has reported eight consecutive quarters of profitability.
The Company has developed a specialty in shipping container loading and unloading equipment serving several of the U.S. West Coast port operators.
The trend toward renting and leasing of heavy equipment continues to benefit AMMX’s business.
With a stable U.S. business, the Company is expanding internationally and has developed several very meaningful business opportunities in Western Africa. Should the necessary financing be secured, a very positive affect on revenues should result.
The Company has already preannounced a strong December 2015 quarter and provided guidance for additional growth in the 2016.
We can easily see 40% top line growth for 2016 at revenue of $13mm. Current market cap is only $5 mm yielding an attractive price-to-sales ratio for this growing and profitable company.
Over the coming weeks, we will be watching closely for news relative to the development of the Company’s African opportunities. Should the financing be secured, the price of the shares will likely rise significantly.
http://www.globesmallcap.com/ammx-eight-quart...re-likely/
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