JAT 11.9% 66.0¢ jatcorp limited

Ann: Acquisition of 70% of Australian Infant Formula Manufacturer, page-694

  1. 6,846 Posts.
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    Now JAT made 2.3 million profit
    BuB made 2.3 profit for quarter but lost money but shareprice 1.21 JAT 6 cents
    I'm not the sharpest shovel in the shed, But seems to me there
    is more downside risk to BUB than JAT.
    Jat is diversified in business as well as products, Green Forrest has a whole range of products.
    Jat has Canola Oil, Cosmetics.
    If China ever put restrictions on trade, We would do what China does and ship to another country that then exports to China.
    If China stopped imports of IF
    it would just get posted back their and cost them more money. China has 20 million babys a year that stays on milk products an average of 6 to 7 years, They need the stuff to make stronger babies simple as that.
    You only need to look back in history to the mongols and Genghis Khan on why they want and need dairy products.
    What needs to be done by Australian Government is these people making money by buying infant formula of the shelves in Australia and other products then onselling should be paying tax on their profits. I know if tom dick or harry sells over $20,000 on ebay the information goes to the Tax Department. Regardless of what the product cost you.
 
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