jumbo expands into germany, page-36

petepan:

you can search for all my past post on hotcopper on many stocks I post and see how the doomday scenario play out....

not long ago FXJ and HVN two of the most hated stock on the ASX and short big time...6 months later it outperform the market by a huge margin...

I'm not into mining or airlines that is not my area of expertise and I chose not to...

The only mining stocks I like are you sell the shovel to the miners :-) ...how they dig out or make money is their business...

Not only I done the research I add more to my portfolio recently... enough from me...you can bring the horse to the water but you can not make it drink...

and on the JIN notes notice how people criticise it for expanding oversea and use up cash...so what do grow business suppose to do? sit on their ass?

do you know the history of Wesfarmers ..it used to be a farmer co-operative selling farming stuff...under the leadership of Michael Chaney, he recognised farming is cynical business and there isn't much money to be made..

so while the money still good and flow, he sold landmark to elders and he expanding into retail and stable products and start up bunnings, buy officeworks and so begin the transition to retail ...Richard Goyder is his Junior work under him take over the reign and continue the Journey and snapped up Coles...they overpaid for Coles and I was a

critic but they are one focus management group and Coles start to look better every day....they now complete the transition and they worth hundred times more than what they was.... see a similar JIN story? JIN get out of unprofitable business and chase profitable business...and the mangement is very focus on one goal .... JIN will be many times bigger than it is today....short term pain cash flow = massive long term gain...

good luck to all, have fun and when it get heated walk away, the aim is to have fun while making money...not becomes grumpy people with money :-)