Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Canadians stocks http://finance.yahoo.com/q?s=AMZKF.PK&ql=1
Most canadian stocks are listed as a .PK but not the REAL pinks.
They can be purchase without Global desks etc..
Dave
mick this stock really undervalued.. 7 million float.. no debt.. 12 million cash on hand... insiders holds 61% of shares.. last year retired 5 million o/s.. o/s 20.3 million... 500 employees.. signed mult-year contract with FORD.. it has 2 production facilities...
last 2 quarters 6.3 million dollars net profit.
every quarter pays dividend.. i got 25 cents dividend per share..
until end of the year it can go up 10 dollars very easily..
it is not trading on the american stocks exchange.. just toronto stock exchange... am.to
or search
automodular corporation...
where is pps for amzkf?
AMZKF.PK Try this to buy.
Dave
tse:AM 20 CENTS UP...
TSE:AM HUGE NEWS OUT..Automodular Extended contract with FORD
AJAX, ONTARIO, Jun 27, 2011 (MARKETWIRE via COMTEX) -- Automodular Corporation ("Automodular") CA:AM +2.89% announces that it has signed a multi-year agreement ("MYA") with Ford Motor Company ("Ford") for an extension of services at its Oakville operations. Automodular sub-assembles, sequences and delivers engines, suspension and instrument panel modules for the Ford Edge, Ford Flex, Lincoln MKX and Lincoln MKT being produced in Ford's flexible assembly complex in Oakville, Ontario. This MYA will end in June, 2014.
The MYA provides for certain price reductions over the course of the agreement some of which are retroactive to January 1, 2011. The impact on previously reported first quarter 2011 financial results is a reduction in revenues and pre-tax earnings of $0.6 million and a reduction in net earnings of $0.4 million.
Automodular is a supplier of sub-assembly, sequencing and transportation services to Ford's Oakville Assembly Plant. The Company has two operating facilities and employs approximately 500 people.
http://www.marketwatch.com/story/automodular-announces-oakville-contract-extension-2011-06-27?reflink=MW_news_stmp
That is the reason to buy more buddy :) Great find! Thanks:)
TSE:AM, public float under 7 million. insiders holds 61% of shares. i got message from the company.. here it is
Approximately 2/3 of the outstanding shares are owned by insiders - these include Michael Blair, Scotia Merchant Capital, Franklin Templeton and officers/directors (the first three make up approximately 60%). Therefore the public float is approximately 1/3 of the outstanding shares or just under 7 million shares.
Chris Nutt
Vice President.
not lucky if it was in the usa market. share price would be 20 dollars..
This is very undervalued company! And they pay dividends:)
tse:AM NEWS OUT.. THE COMPANY MADE 3 YEAR CONTRACT WITH UNION...
http://www.marketwatch.com/story/automodular-announces-oakville-labour-agreement-2011-06-20?reflink=MW_news_stmp
insiders are collecting shares
Automodular Corporation (AM)
As of June 12th, 2011
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jun 02/11 Jun 02/11 Doyle, Travis Indirect Ownership Common Shares 10 - Acquisition in the public market 6,500 $1.160
Jun 02/11 Jun 02/11 Nutt, Christopher Stephen Indirect Ownership Common Shares 10 - Acquisition in the public market 500 $1.230
May 31/11 May 30/11 Dell, Christopher Indirect Ownership Common Shares [Amended Filing] 10 - Acquisition in the public market 14,000 $1.400
May 31/11 May 30/11 Dell, Christopher Direct Ownership Common Shares [Amended Filing] 10 - Acquisition in the public market 1,500 $1.400
May 19/11 May 17/11 Dell, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 1,100 $1.420
May 19/11 May 17/11 Dell, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 2,900 $1.450
May 19/11 May 17/11 Dell, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 2,093 $1.450
May 19/11 May 17/11 Dell, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 8,800 $1.400
May 19/11 May 17/11 Dell, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 100 $1.390
May 19/11 May 17/11 Dell, Christopher Direct Ownership Common Shares 10 - Acquisition in the public market 1,100 $1.380
float 12.9 million .. share price must be minimum 20 dollars.. watch out this baby
Great dividends:)This is undervalued stock, I like the O/S and float, both low!
GO AM!
i think told need t trade on both exchanges. i'll check again.
to think gm and chrysler tried to band in ford - f in their scheme of this money stuff from gov't.
ford must be sharp as a tack when it comes to gov't items.
there are many canadian stocks undervalued real companies.. i think you can buy.. ask your broker..
i have already talked to company they are planing to pay dividend regularly..
each quarter dividend, plus nice net profit..
this will go up 50 dollars.. or it will be taken over from a big auto supplier company
VERY UNDERVALUED
Ford sales to increase by approximately 50 % about 8 million vehicles a year
NEW YORK, June 7, 2011 /PRNewswire/ --
Ford expects its worldwide sales to increase by approximately 50 percent by mid-decade to about 8 million vehicles a year
By 2014, more than 140 percent of Ford's global product portfolio will be new or significantly refreshed compared with 2009
Small vehicles will represent about 55 percent of Ford's total vehicle sales by 2020, with nearly one-third of sales in 2020 coming from Asia Pacific Africa due to significant growth
Ford expects global Automotive operating margins to increase to 8 to 9 percent from 6.1 percent in 2010. North America operating margin at mid-decade is expected to be in the 8 percent to 10 percent range
Ford expects to achieve investment grade in the near-term and resume paying dividends as appropriate thereafter
In the second quarter of 2011, Ford will pay down an additional $2.3 billion of the term loans under its secured credit facility, and Ford repaid the remaining $800 million drawn amount under its revolving credit line
Ford Motor Company (NYSE: F) today said it expects its worldwide sales to increase by approximately 50 percent by mid-decade to about 8 million vehicles a year – with improved operating margins – as the company continues its One Ford plan to accelerate product introductions and expand quickly in growth markets.
In a presentation today to financial analysts led by Ford President and CEO Alan Mulally, the company said it is well positioned to grow profitably. Ford expects industry-wide vehicle sales to rise substantially by mid-decade, with much of Ford's growth opportunity driven by accelerated expansion in the developing markets, recovery in mature markets, and sales of smaller and more fuel-efficient vehicles.
"Ford is a growing company operating in a growing global automotive market," Mulally said. "Through our One Ford plan, we are increasing our product investments to meet this growing demand with a full family of best-in-class products."
By mid-decade, Ford said it expects:
Its vehicle sales will increase approximately 50 percent to about 8 million – from 5.3 million in 2010
Global Automotive operating margins will increase to 8 to 9 percent from 6.1 percent in 2010, with North America operating margin at mid-decade in the 8 percent to 10 percent range*
Capital spending will average about $6 billion annually through mid-decade, an increase from $3.9 billion in capital spending in 2010
Total Automotive debt will be reduced to about $10 billion, down from $16.6 billion at March 31, 2011 and from $33.6 billion at the end of 2009
The company will return to investment grade in the near-term, and resume paying dividends at an appropriate level of after-tax earnings
Ford Credit to increase managed receivables to the $110 to $120 billion range by mid-decade, compared with $83 billion at year-end 2010; Ford Credit also expects to achieve an after-tax return on equity in the low double-digit range
These milestones will be achieved, the company said, by continuing to make progress on its One Ford plan:
Aggressively restructuring to operate profitably at the current demand and changing model mix
Accelerating the development of new products that customers want and value
Financing the plan and improving the balance sheet
Working together effectively as one team, leveraging Ford's global assets
For complete copies of Ford's June 7 presentation, please visit: www.shareholder.ford.com
Ford's mid-decade outlook is driven by the company's confidence in its product plan and ability to expand into new markets and appeal to a broadening customer base. By 2020, Ford expects about 32 percent of vehicle sales to come from the Asia Pacific Africa region, more than doubling the current percentage of global sales volume Ford achieves in the region.
Globally, small vehicles will increase from representing 48 percent of Ford's sales to about 55 percent of the company's global sales by 2020.
The company also said that by 2014 more than 140 percent of the global product portfolio will be new or significantly refreshed compared with 2009. This will include a continued focus on global vehicles, including one midsize vehicle, one full-size commercial van and one global compact pickup – in addition to the global small vehicles already being sold today. Ford said it has proven it can win with this strategy, having recently introduced the successful global Fiesta, Focus and Transit Connect.
By mid-decade, Ford expects that about 6 million of its global vehicle sales – or about 75 percent of its total volume – will come from vehicles built on five vehicle architectures: B, C, C/D, full-size commercial van and compact pickup platforms.
At the same time, Ford said it will pursue profitable growth opportunities in emerging markets by creating lower-priced versions of global vehicles that offer a $1,000 to $2,000 cost reduction depending on vehicle size and systems. By increasing the localization of global vehicles in certain circumstances, Ford said it will better meet customer needs and win new buyers for its products. In all cases, Ford vehicles will deliver the top standards for quality, fuel efficiency, safety, smart design and value that customers expect.
While Ford's continued product expansion is expected to drive volume and revenue growth, the company also expects its pricing power to continue to be positive as it enhances the overall brand value.
A key factor driving Ford's mid-decade outlook is the expectation for growth of industry volumes. Ford expects industry volumes to grow to the 95 million to 100 million range by mid-decade, compared to 74 million in 2010. Ford expects fuel prices and commodity costs generally will continue to increase as world economies continue to recover.
Ford also announced that it will pay down in the second quarter of 2011 an additional $2.3 billion of the term loans under its secured credit agreement, and that it repaid the remaining $800 million drawn amount of its revolving credit line. Ford ended the first quarter with $16.6 billion of Automotive debt. Going forward, Ford plans to reach an Automotive debt level of $10 billion, while moving from a secured funding base to unsecured funding.
Ford said it expects to achieve investment grade in the near-term, and to resume paying dividends at an appropriate level of after-tax earnings.
"We will continue to focus on maintaining healthy, growing operating margins and creating long-term value," said Lewis Booth, Ford executive vice president and chief financial officer. "Maintaining adequate cash to support and grow the business and reducing our debt are essential steps we are taking to achieve and solidify a world-class balance sheet."
* Automotive operating margin defined as Automotive pre-tax operating profit, excluding special items and Other Automotive (primarily net interest), divided by Automotive revenue
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 166,000 employees and about 70 plants worldwide, the company's automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit www.ford.com.
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on expectations, forecasts, and assumptions by our management and involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those stated, including, without limitation:
Decline in industry sales volume, particularly in the United States or Europe, due to financial crisis, recession, geo-political events, or other factors;
Decline in market share or failure to achieve growth;
Lower-than-anticipated market acceptance of new or existing products;
An increase in or acceleration of market shift beyond our current planning assumptions from sales of trucks, medium- and large-sized utilities, or other more profitable vehicles, particularly in the United States;
An increase in fuel prices, continued volatility of fuel prices, or reduced availability of fuel;
Continued or increased price competition resulting from industry overcapacity, currency fluctuations, or other factors;
Adverse effects from the bankruptcy, insolvency, or government-funded restructuring of, change in ownership or control of, or alliances entered into by a major competitor;
Fluctuations in foreign currency exchange rates, commodity prices, and interest rates;
Economic distress of suppliers that may require us to provide substantial financial support or take other measures to ensure supplies of components or materials and could increase our costs, affect our liquidity, or cause production constraints or disruptions;
Single-source supply of components or materials;
Labor or other constraints on our ability to maintain competitive cost structure;
Work stoppages at Ford or supplier facilities or other interruptions of production;
Substantial pension and postretirement health care and life insurance liabilities impairing our liquidity or financial condition;
Worse-than-assumed economic and demographic experience for our postretirement benefit plans (e.g., discount rates or investment returns);
Restriction on use of tax attributes from tax law "ownership change;"
The discovery of defects in vehicles resulting in delays in new model launches, recall campaigns, reputational damage, or increased warranty costs;
Increased safety, emissions, fuel economy, or other regulation resulting in higher costs, cash expenditures, and/or sales restrictions;
Unusual or significant litigation, governmental investigations or adverse publicity arising out of alleged defects in our products, perceived environmental impacts, or otherwise;
A change in our requirements for parts where we have long-term supply arrangements committing us to purchase minimum or fixed quantities of certain parts, or to pay a minimum amount to the seller ("take-or-pay" contracts);
Adverse effects on our results from a decrease in or cessation or clawback of government incentives related to investments;
Adverse effects on our operations resulting from certain geo-political or other events;
Inherent limitations of internal controls impacting financial statements and safeguarding of assets;
Substantial levels of Automotive indebtedness adversely affecting our financial condition or preventing us from fulfilling our debt obligations;
Failure of financial institutions to fulfill commitments under committed credit facilities;
A prolonged disruption of the debt and securitization markets;
Inability of Ford Credit to access debt, securitization, or derivative markets around the world at competitive rates or in sufficient amounts due to credit rating downgrades, market volatility, market disruption, regulatory requirements, or other factors;
Higher-than-expected credit losses;
Increased competition from banks or other financial institutions seeking to increase their share of financing Ford vehicles;
Collection and servicing problems related to finance receivables and net investment in operating leases;
Lower-than-anticipated residual values or higher-than-expected return volumes for leased vehicles;
Imposition of additional costs or restrictions due to the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Act") and its implementing rules and regulations;
New or increased credit, consumer, or data protection or other regulations resulting in higher costs and/or additional financing restrictions; and
Inability of Ford Credit to obtain competitive funding.
We cannot be certain that any expectation, forecast, or assumption made in preparing forward-looking statements will prove accurate, or that any projection will be realized. It is to be expected that there may be differences between projected and actual results. Our forward-looking statements speak only as of the date of their initial issuance, and we do not undertake any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise. For additional discussion of these risks, see "Item 1A . Risk Factors" of our Annual Report on Form 10-K for the year ended December 31, 2010.
i wished traded in u.s.a. amerit won't just do a canadian company.
Mick, AM the most undervalued stock.. check the financial
http://www.google.ca/finance?q=TSE:AM&fstype=ii
float 12.9 million.. o/s reduced from 25.9 to 20.3 million last year..
first quarter earning per share 18 cents..
the quarter before 14 cents..
last 2 quarter 45 cents dividend..
500 employees..
12 million dollars cash on hand plus no debt..
this must be 50 dollars
ford said will be doing more international sales. glad to chat with ya.
FORD car sales increased 21% in Canada.. AM is a Ford subcontractor.. i am expecting huge profit in the second quarter
Fuel-Efficient Products Drive Ford to #1 in Canada; Car Sales up 21%; Overall Sales up 6% year-to-date
Print | Email this page | Subscribe
Ford Canada #1 in May and year-to-date
Overall car sales increased 21%
Ford Focus sales were up 13%
Ford Transit Connect sales increased 114%
Ford Explorer sales rose 121%
Ford Expedition sales were up 20%
Ford Navigator sales increased 19%
Lincoln MKZ sales rose 23%
OAKVILLE, Ont., June 1, 2011 – Sales of fuel-efficient products helped to keep Ford Motor Company of Canada, Limited in the top spot for May and year-to-date. In May, overall car sales were up 21 per cent with the all-new Focus leading the pack. Truck sales dropped 10 per cent, resulting in overall sales being down about 3 per cent in May compared to the same month last year.
"Our market share increased in May, despite a slight sales decline in an industry that is down four per cent, by staying focused on delivering vehicles offering fuel-efficiency, exciting design and real value," said David Mondragon, president and CEO, Ford of Canada.
For example, the just-launched 2012 Ford Focus recently joined a list of 11 other Ford vehicles that have previously earned the Top Safety Pick award from the Insurance Institute for Highway Safety (IIHS). To earn a Top Safety Pick, a vehicle must receive a rating of “good” in offset frontal-, side- and rear-impact tests and the roof strength evaluation, as well as offer electronic stability control.
"There has been lots of volatility in the Canadian market but we remain focused on delivering the freshest showroom in the industry with a balanced lineup of cars, trucks and CUV's that meet the demands of our customers," said Mondragon.
Ford Motor Company of Canada, Limited
May 2011 Vehicle Sales
2011
2010
% Change
Total Vehicles
May
25,448
26,122
-2.6
January - May
106,927
101,054
5.8
Total Cars
May
7,534
6,216
21.2
January - May
26,737
21,656
23.5
Total Trucks
May
17,914
19,906
-10.0
January - May
80,190
79,398
1.0
# # #
June 1, 2011
http://www.corporate.ford.com/news-center/news/press-releases/press-releases-detail/pr-fuelefficient-products-drive-ford-34733
AM, recording day june 06, 2011.. 25 cents dividend.. i talked to president they want to pay dividend regularly.. float 12.9 million .. o/s 20.3 million.. last year 5 million shares cancelled
Ok bud. Thx for lettin me know.
GO TSE:AM!
Hey Tobb, Blue is in the jailhouse. He wanted me to let you know.
19.8 million shares
Any chance you know the float? Thanks
agreed, very undervalued right now and it has great dividend yield:)
TSE:AM closed at 1.40 it will be 20 dollars within 2 months
Dividends will come soon:) GREAT!
bid 1.35 (7000 shares) X ask 1.42(1400 shares)
Indeed! Keep addin!!
TSE:AM
TSE:AM accumulation continue...
this is just beginning end of the year we will see 20 dollars
that is why I will be adding.....great company and VERY undervalued!
AM works with FORD. Ford made 2.5 billion dollars profit in the first quarter.. the company works overtime.. next quarter we will see maybe 50 cents dividend
Now I have 7k shares......will add more once funds clear......this stock is great!
how many share did you get
i think sometime this year we will see over 20 dollars, my target 50 dollars..
plus dividends buddy!
VERY NICE! :)
I will be adding here some more shares.
GO TSE:AM!
Followers
|
5
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
130
|
Created
|
05/12/11
|
Type
|
Free
|
Moderators |
|
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |