JAT 1.56% 32.5¢ jatcorp limited

I find it fascinating that people buy or sell so quickly without...

  1. 340 Posts.
    lightbulb Created with Sketch. 197
    I find it fascinating that people buy or sell so quickly without fully understanding the announcements. Directors only sold shares to comply with ASX orders. The shares are worth more than 30 cents, why would you sell for 22c? It's like someone offering you $2 million for your $3 million house, you wouldn't sell it, would you?

    Nonetheless, a little price consolidation is healthy. Currently the market capital including GK =522 million shares * $0.215/share=$122 million. Remember in the past half year, Jat+GK's revenue is over $2 million+$1 million=$3 million, that's at least $6 million annually, even during the Daigou shock Jat had in the past half year, its revenue is still much higher than Bub ($3 million) or Wha, with less than half of their market cap. So underpriced.

    After getting so much exposure in media, China international export expo, contracts with Jbingo, upcoming contracts with Netease (already got official offer from them), possibly JD, Alibaba, etc, it's highly unlikely the revenue won't boost over $10 million next financial year. So underpriced.

    The goals and plans haven't changed: catching Bub/Wha's market capital, 50c before the end of 2018, JAT is taking big steps forward, we have announcements every week, actions are taken as the plans, where else do we get such good management? So underpriced

    To me, it's like buying rib eye steaks for $8/kilo, I'm buying as much as I can, I don't mind getting a bit extra fat (rich). lol

    IMHO DYOR GLTA
    Last edited by michaelx: 03/04/18
 
watchlist Created with Sketch. Add JAT (ASX) to my watchlist
(20min delay)
Last
32.5¢
Change
0.005(1.56%)
Mkt cap ! $27.06M
Open High Low Value Volume
31.0¢ 32.5¢ 31.0¢ $6.157K 18.95K

Buyers (Bids)

No. Vol. Price($)
1 9900 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 151515 1
View Market Depth
Last trade - 14.56pm 03/05/2024 (20 minute delay) ?
Last
32.5¢
  Change
0.005 ( 0.00 %)
Open High Low Volume
32.5¢ 32.5¢ 32.5¢ 1364
Last updated 12.01pm 03/05/2024 ?
JAT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.