SHJ 0.00% 80.5¢ shine justice ltd

Most Undervalued stock on ASX

  1. 165 Posts.
    lightbulb Created with Sketch. 12
    I've said it time and again and no I am not an upseller, this is fact.
    Shine lawyers is making $1m Gross Profit per week on a company that was this morning valued at $120M.
    Their main assets, work already done but not paid went up 8% organically.
    Their biggest liability is $90M in future tax IE to be taken from the $320M plus of profit from work ALREADY DONE
    Company is only value at a third of this ??????
    EPS 12.4c Price 72c should be EPS 12.4 - Price $1.50 EPS noted to go up close to 10% next year before J&J case.
    Company has $30M sitting in back and GOFC continually rising.
    Corporate Raider would swoop if major shareholders couldn't block
    If these results do not see over $1 very soon then I must be reading the wrong books or wrong reports
    Big Buy!!!!! If you can get them
 
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