Hi,
I am a long term shareholder in JMB and I have in the last year seen a lot of changes in this company IMO for the better.
They now have a new CEO & CFO. The new CEO has created a blog on JMB website and he keeps the shareholders informed of new developments in the company. I think it is worth having a look. Just go to www.jumbuck.com and check the blog. On Friday they added a new feature that enables people to enter their email address and receive any new announcements directly.
Current announcements show that 3 directors have bought shares recently. They also bought a new company INSQRIBE and they did it in a smart way IMO (they paid $400,000 plus profit sharing and some options at $0.40). Profit sharing is a great way to acquire a business. It is worth checking INSQRIBE website.
On their last report JMB had cash and no debt.
Another good thing about this company is their dividend which is over 9% (1.5c div - share price 16c).
I believe that the new management is really working hard and I am confident that the share price will go up.
Hi,I am a long term shareholder in JMB and I have in the last...
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