Not sure the slag off of the undisclosed competitors is warranted. JAT has a lot to do to win the hearts of funds in Australia.
JAT should actually take a leaf out of BUB's book and put together a presentation with some voluntary disclosures which breaks down sales, GP and NPAT of each entity it consolidates for HY compared to last year etc. Some analysis of products sales would be good too.
That would be transparent for shareholders and make it much more understandable what each entity contributes to the business.
They would be reporting that in their management accounts.
The less they report, the more investors will avoid this entity, IMO.
HB
SP Discussion, page-826
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