Ann: BRL: Jameson Reaches Agreement with Strategic Partner, page-49

Probably the most frustrating stock I hold. Been in it since 2013 and have averaged down along the way so have a decent paper profit.

May get out, just can't be bothered any more. I still however think the share price is currently undervalued. But market sentiment can not be discounted when valuing this stock.

Management only looking after themselves and their mates and as a result retail investors and institutions have no confidence in this outfit even though the numbers seem great.

Dividend, share buyback, something positive for shareholders might give them a boost. The Jameson agreement although positive in the long term is still a costly proposition unless you're in this stock for the long haul won't do much for the stock price in the interim.

A positive ruling the court case will have a greater effect on the share price IMO.


Cheers