To those with a LT view I recommend patience.
Let's not forget that our last annual report (audited) saw JAT with a $20m loss on the year. All of us who follow the company know that this was attributable to an impairment write off but the wider market looks at figures and assumes a large loss attributable to COGS or blown out expenditure.
I'm waiting for the next two years of audited reports - 21 and 22.
Given that we are still setting up ANMA efficiencies and VMeat is in its infancy I expect the 21 FY numbers to be a modest profit - the market will still react positively to this as a profit is a profit (and we should have nothing like the impairment making the numbers look worse than they are).
I'm most excited for the 22 FY numbers as this will be the first full year that ANMA is fully operational and I expect our VMeat business to be in full swing.
It's all about patience - the market waits for FY audited numbers and our last results with the impairment were not great.
GLTAH
- Forums
- ASX - By Stock
- Ann: Appendix 4C - quarterly
To those with a LT view I recommend patience. Let's not forget...
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JAT (ASX) to my watchlist
|
|||||
Last
65.0¢ |
Change
-0.035(5.11%) |
Mkt cap ! $54.12M |
Open | High | Low | Value | Volume |
66.5¢ | 66.5¢ | 63.0¢ | $56.30K | 87.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4300 | 63.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
68.0¢ | 950 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4342 | 0.630 |
2 | 21129 | 0.620 |
3 | 14333 | 0.600 |
1 | 11888 | 0.590 |
3 | 8900 | 0.580 |
Price($) | Vol. | No. |
---|---|---|
0.680 | 950 | 1 |
0.690 | 7000 | 1 |
0.700 | 17142 | 2 |
0.705 | 7050 | 1 |
0.720 | 15000 | 1 |
Last trade - 15.43pm 02/09/2024 (20 minute delay) ? |
Featured News
JAT (ASX) Chart |