yanlin you posted:
"I think this is the time that Warren Buffet would say to buy..... it has a business model that you can understand, it is profitable, it has good long term growth prospects and, it is unloved!!!
"
Do you see Warren Buffett buying shares in Best Buy (the US equivalent of JBH) NO!!!!
JBH's economic moat is at risk
Buying a stock with a declining economic moat is a risk.
JBH's current profit is declining.
Part of this profit decline is due to STRUCTURAL reasons, ie international online purchases.
This risk is not going to go away. Its a STRUCTURAL shift.
Even if the local market competition shrinks, they are still competiting against overseas online suppliers.
consolidation, page-27
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add JBH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$82.25 |
Change
0.580(0.71%) |
Mkt cap ! $8.958B | |||
| Open | High | Low | Value | Volume |
| $83.01 | $83.30 | $81.47 | $15.25M | 185.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 38 | $82.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $82.26 | 172 | 15 |
View Market Depth
| Last trade - 15.48pm 12/09/2024 (20 minute delay) ? |
| JBH (ASX) Chart |