JAN 3.92% 26.5¢ janison education group limited

Since your post #: 59581285. after the report where you outlined...

  1. 910 Posts.
    lightbulb Created with Sketch. 170
    Since your post #: 59581285. after the report where you outlined the story "for" JAN, I responded with;

    "At this point in time with the current mood of the market, betting on future earnings with businesses that trade at extreme multiples is a risky proposition. So that's where focusing on the bottom line can actually protect your invested capital. Janison has run hard over the past 12 months and my gut feeling after reading the report was that there'd be some indigestion."

    Given that there's been a wider sell-off (on businesses that have their earnings forecasted way into the future), I'm not surprised at the pullback.. Going back one month ago, JAN was way over-valued. It's starting to get back to something a little more reasonable now, remembering that there is absolutely zero guarantee that JAN will still be growing in 5 years time. Or maybe it will....flip the coin. Heads you win, tails you lose. It's your money...until it's not.

 
watchlist Created with Sketch. Add JAN (ASX) to my watchlist
(20min delay)
Last
26.5¢
Change
0.010(3.92%)
Mkt cap ! $68.45M
Open High Low Value Volume
25.5¢ 27.0¢ 25.5¢ $20.41K 77.23K

Buyers (Bids)

No. Vol. Price($)
1 37 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 24200 4
View Market Depth
Last trade - 14.27pm 26/06/2024 (20 minute delay) ?
JAN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.