Jat vs BUB
Problem for JAT in a word - management.
Mainly fluff and not much follow through.
Take their most recent advice about USA application - surely something with that upside deserves some further updates.
How long did it take to complete 1 shop fit out in China with a billion plus workforce to do the job?
Until confidence is restored, this will underperform.
As for this quarter -- I'm praying its a ripper too.
However, if the 4C is not released Friday or Monday then i may be looking for a parachute. Their MO is to release poor results at the very end of the reporting period.
I can't see a takeover by the shareholders for this one - despite the enthusiasm people are throwing about.
Best i think we can hope for is someone like BUB making a scrip offer for JAT just to get hold of their production facilities to meet a genuinely growing business and an additional food print in China. Food for thought, pardon the pun. However, even that now seems unlikely as there are so many shares in this with all the recent dilutions - perhaps a billions shares or so back it would have been more viable.
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