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Re: Psionic Trader post# 199144

Saturday, 05/12/2012 10:37:56 AM

Saturday, May 12, 2012 10:37:56 AM

Post# of 396422
AMNF.PK

I purchased some AMNF.PK around .80 here is what I like.

1) AMNF.PK pays roughly a 6% dividend. That is a fantastic place to park some money.

2) AMNF.PK had record earnings of .02 in a seasonally weak quarter. And is growing significantly.

3) AMNF.PK continues to buy back shares quarter after quarter.

4) AMNF.PK is in a recession resistant industry, so and industry that will grow despite what the economy is doing.

5) AMNF.PK is not a make you rich story, but it is a solid place to make money. I think it could hit a $1.00 at some point. In the meantime collect 6%. Which is a lot better then cash.

Conclusion: I believe AMNF.PK is a pretty good buy here, with a bit of upside, but a decent yield too. Not much risk here in my opinion, and the 6% yield makes it quite attractive by it self. Then if you factor in picking up revenue growth, a stock buyback, record EPS. It is even more attractive. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
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