Altron Limited A (JSE: AEL) share price, discussion & sentiment

Picked up a small parcel of AEL at 28.50 this morning, though the fundamentals still don't justify a strong conviction given the software division's churn and legacy hardware exposure.

AEL pushing through R28.40 on a 4.6% jump today, which is decent action for a tech stock that's been struggling. Need to see if this holds above the 200-day or if it's just noise from broader market relief.

altron sitting at r28.40 and people still crying about the turnaround taking time. this is a legacy tech business that's actually shrinking its deadweight and refocusing on higher margin services. took ibm years to pivot, took accenture to build what it is now. we're not pre-revenue but we're definitely in rebuild mode and the market's giving it to us cheap.

AEL sitting at R28.40 and the distribution side actually moves decent volume, but margins getting squeezed everywhere. Thing is, if they can sweat the IT services contracts harder and stop bleeding cash on the dodgy bits, there's something there. Most of these local tech plays trade on hope, this one at least has actual revenue to lean on.

Picked up another tranche at R27.80 last week, good dip that. AEL's distribution arm still printing cash even with the rand weakness, and their services division margins are tightening up nicely. Not selling at these prices, the turnaround story is real if you've got patience for it.

AEL sitting at R28.40 and ngl the distribution side still throws off cash even when IT services are choppy. compare that to the other local tech plays and you're getting decent dividend yield without the valuation madness. long term play if they sort out the services margin pressure.

AEL up just over 1% today but the tech services space is still brutal for SA listings. Trading at what looks like a significant discount to peers, though you need to check if that's justified by deteriorating earnings or just market apathy toward the sector.

AEL's been grinding higher and today's 2.85% pop shows some appetite returning, but the real question is whether management can actually deliver on margins in their IT services and solutions business when corporate spending remains under pressure across the continent. Long-term,

altron's been getting hammered but the distribution side still moves decent volume, problem is the services bit keeps dragging. at r27.20 you're not paying mad money but ngl the rand strength isn't helping their offshore margins either.

R45 EOY easy!! BEST IS YET TO COME!!

AEL's balance sheet is getting squeezed. Debt's climbing and margins are thin, which in a rising rate environment is rough. Question is whether the distribution arm can keep carrying the deadweight of the services division long enough for a turnaround. At R27.20 you're basically pricing in zero growth for the next couple years.

Pulled the latest results over the weekend, cash position solid ngl

All my ael is red but honestly the dividend yield is still decent at these levels. Company's been printing cash from operations, just wish they'd stop the dilution games. If they can hold the capex discipline and commodity prices stay reasonable, reckon this pulls back to 35-40 range over two years. Better risk reward than most of the other industrial plays on the board right now.

Lions roar, AEL better do the same

AEL sitting at R27.25 but earnings been weak, balance sheet still carrying that debt load from the acquisition. Compare that to Barloworld or Italtile and you're seeing better fundamentals across the board. Long term play if they actually fix ops but right now just bagholding territory for most.

Worth reading [LINK]

AEL popping 6% on the back of what looks like profit-taking reversal after that brutal selloff last month. At these levels the valuation's starting to look interesting for a turnaround play, but need to see if management can actually deliver on cost cuts without gutting revenue.

Everyone jumping in today because of the 4.56% jump, but is R2248 really fair value for Altron? I'm worried we might be getting ahead of ourselves here, what do you guys think?

AEL creeping up 2% today, probably some relief on the logistics side as load-shedding pressure eases slightly. The renewable energy buildout still needs reliable distribution partners, so if they're capturing that upside it's worth watching the cash flow story over the next quarter.

AEL climbing nicely today, though I'm keeping a close eye on how the regulatory landscape plays out for them. The dividend yield still looks attractive at current levels, but until we get more clarity on NHI implementation and how it affects private healthcare demand, I'm holding rather than adding. Decent day nonetheless.