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ASX:AMA

AMA Group Ltd

Investment Summary

The fund managers believe that AMA Group Ltd (AMA) has significant potential moving forward following crucial leadership changes and a successful recapitalisation, in which Thorney Opportunities (TOP) played a central role. While AMA negatively impacted TOP’s performance in FY2024, the managers are cautiously optimistic about the company’s future. With a strengthened balance sheet and refreshed leadership, they believe AMA, as Australia's largest collision repair business, is positioned to perform well in FY2025 and beyond. Despite challenges, the fund managers remain confident in its recovery and long-term prospects.

Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed. 

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Commentary From The Manager

Thorney

Date

30 Aug 2024

Price

$0.06

Medium

Annual Report

Commentary

Thorney Opportunities continues to hold its position in AMA Group Limited (ASX: AMA), following its pivotal role in driving leadership changes and acting as an anchor participant in the company’s successful recapitalisation. As the largest shareholder in AMA, Thorney Opportunities is encouraged by the share price performance, which has traded above the recapitalisation price. With new, motivated leadership and a robust balance sheet, the fund remains optimistic about the future prospects of AMA, particularly as Australia’s largest collision repair business. Thorney Opportunities believes that the company is well-positioned to deliver strong performance in FY2025 and beyond.

Thorney

Date

20 Feb 2025

Price

$0.05

Medium

Half Year Report

Commentary

Thorney Opportunities continues to hold its position in AMA Group Limited (ASX:AMA), having played a pivotal role in the company’s recent recapitalisation. As the largest shareholder, Thorney Opportunities was instrumental in leadership changes and supporting the recapitalisation efforts, which have led to positive market reception, with the share price trading well above the recapitalisation price. With refreshed leadership and a strengthened balance sheet, Thorney Opportunities remains optimistic about AMA’s potential as Australia’s largest collision repair business. The outlook for FY2025 and beyond appears promising, and Thorney Opportunities believes the company is well-positioned for further growth.

Please note: The completeness, accuracy or current status of the investments referenced are not guaranteed. 

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