Jicka

AMA - medium to long term buy

Long
Jicka Updated   
ASX:AMA   AMA GROUP LIMITED
Been looking at AMA lately and have taken a position.

Chart
- Declining volume - nice and boring as it cools off and people forget about it, hopefully the market still in disbelief as it marches higher
- Gap fill on daily
- Magic line has turned up

Fundamentals
- Massive growth, 130 up to 180 repair shops
- Insider buys - good cluster of 4 different buyers
- 6% fully franked dividend
- low float - good if momentum takes hold
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