Fat Bloater, can you please give me a reason why JIN should not trade on a higher multiple than it currently does?
Please factor in your argument the companies current balance sheet that does not consist of any debt and in fact has approximately $14m in cash sitting their, also please comment on their excelent cash flow, also comment on the current low penetration of online lottery sales in its domestic business which, in my view will only naturally grow (simply natural progretion).
Im not even going to ask you to comment on the international side to the business, however obviously you do need to have a capex profile if you would like to grow and expand, however once that capex profile subsides your cash flows improve dramatically.
Dangerous stock to short if someone wants to gain a sunstantial holding, when volume of just 178,213 shares can move the price up 17.13% on an announcement like yesterdays.
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Fat Bloater, can you please give me a reason why JIN should not...
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Last
$13.36 |
Change
-0.010(0.07%) |
Mkt cap ! $841.2M |
Open | High | Low | Value | Volume |
$13.40 | $13.45 | $13.21 | $2.525M | 189.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $13.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.37 | 572 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 930 | 13.250 |
1 | 1000 | 13.240 |
2 | 401 | 13.200 |
1 | 1318 | 13.180 |
3 | 2805 | 13.170 |
Price($) | Vol. | No. |
---|---|---|
13.410 | 10745 | 1 |
13.610 | 2945 | 1 |
13.660 | 24 | 1 |
13.780 | 1000 | 1 |
13.790 | 11490 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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JIN (ASX) Chart |