JAT 7.19% 82.0¢ jatcorp limited

Ann: Acquisition of 70% of Australian Infant Formula Manufacturer, page-675

  1. 135 Posts.
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    Chris I hope it does come good for you and all of us. I hope you did not buy too high and over extend yourself. Just look at the history and see what you want to do. I might be completely wrong with my questions and concerns about the company but what concerns me is that it seems no one has any answers for those questions. Yes financially on the surface Jat is looking good but it take the whole package to build trust and faith.

    I know I hold bubs but there is a reason. I believe in the long term as the company was founded upon the pretex of passion, heart and determination. The founder is probably not ready to run the company in its current state but by surrounding herself with strong people who have runs on the board makes it a solid proposition and this is what WHA has not done. The founder has not really brought in people who are better than himself.

    Have a look at the setup of the other companies. Look at the info on this page https://investor.bubsaustralia.com/about/
    This is much more professional and detailed than JAT. Yes anyone can paint a beautiful picture on the outside it is the mechanics on the inside that count and I 100% agree with that. Hence when researching about others the comanies seem very transparent with little negative history or past. This is all that I have been trying to get answers to.

    I hope it comes good. I really do as the potential is massive but I look at it realistically and question many things before I can believe. The other thing is that China is very unpredictable and in the current market they could easily close down imports of formula from the world as they really are trying to boost confidence back in their own companies as it is a loss of face for them. This has been my concern with JAT that we have all our eggs in one basket not like the others which have strong presence in other markets that will sustain them if China does something drastic. I hope the new plant means that we can also start putting a strong presence on local soil as well as it is much cheaper with lower logistical costs to also sell domestically. This will also build brand strength in the foreign market eg, Taiwan, HK, Malaysia etc.

    DYOR IMO. Fingers crossed Chris and I really hope someone can provide info to my questions as I can not find it hence the scepticism


 
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