professional investors buy on forecasts not on results. The good results were already factored into the previous share price. With the recent interest rate rise and future ones expected, the forecast for retail is poor. If there will be a downturn in the economy over the next 6 months, then retail will suffer especially an electronic retailer like JBH.
I like JB, recently sold out at $15.50 and will buy in again when charts indicate sentiment has changed. Longterm, i think JB is a beauty
my opinions only, DYOR
big jump in profit with big fall in price, page-6
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Last
$77.47 |
Change
0.700(0.91%) |
Mkt cap ! $8.470B | |||
| Open | High | Low | Value | Volume |
| $76.05 | $77.52 | $75.95 | $46.70M | 606.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1450 | $77.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $77.47 | 859 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| JBH (ASX) Chart |