JAT 7.25% 74.0¢ jatcorp limited

@DrtyflthyMy thoughts exactly. Only been buying the last few...

  1. 3,850 Posts.
    lightbulb Created with Sketch. 146

    @Drtyflthy

    My thoughts exactly. Only been buying the last few weeks. Can only go off what they report. Key takeaways for me

    Sunnya Acquisition has doubled in value

    Green Seas acquisition has seen 30% + increase in sales FY19


    My guestimate is they will contribute $8-$10M EBITDA FY20 as it stand now

    Carrying value of these two acquisitions alone was $26M and we control both


    No Appendix 3B lodged this quarter - suggests cashflow will be good

    Reading between the lines its a buy at these prices. It is still a punt but @ $40M market cap its a educated punt.

 
watchlist Created with Sketch. Add JAT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.