The reason that I didn't exit on the last run to ~9c was because I believe JAT should be valued at ~23c or $200m MC (see Peer Comparison below).
Peer Comparison:
...If JAT was valued the same as WHA the SP would be 21c... and 30c if JAT traded at BUB's valuation.... IMO JAT at these levels is ridiculously cheap.
JAT is cash-flow positive with current annualised >$65m+ revenues and growing - the market will surely realise soon?!
Lots to like here - Australian milk products in China (and now Korea/Japan) are always going to be a winner, particularly with backing like what JAT has.
Looking forward to the commentary in the half yearly report.
Ann: Sole agency - Japan and Korea, page-36
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
