JAT 1.72% 59.0¢ jatcorp limited

I also read a particular article by a well known online stock...

  1. 3,323 Posts.
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    I also read a particular article by a well known online stock review company. They got it wrong about Jatcorp as being similar to other milk company's in losing a large revenue of milk products because of daigue dependence. I posted about this at the time.

    It was low margin green forrest products that were mainly effected and caused most of the revenue drop. You will also note the gross margin of what revenue was left went up as well as the result of the loss of low margin Green forrest products.

    The margin also went up partially as a result of some more inhouse products now being manufactured at ANMA instead of external sources.

    All good anyway IMO. If and when Green Forrest comes back, and they most probably will, additional revenue will be generated again. Meanwhile we have so much to look forward to Jatcorp 100% owned products powering on, Sunnya powering on with new direct contracts and Vmeat, real meat, Cosmetics etc still to contribute.

    GLTAH DYOR
    Last edited by CaptainSteve: 21/05/21
 
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