Australia's largest stock trading and investment forum Australia's #1 stock forum

JHC

Click for more information

0.00%

$1.40 japara healthcare limited

Deutsche downgrades it, price plummets and immediately UBS buy...

First 7 Last

Share
Profile

Follow
Mamm0n

15 Posts.

09/12/15

12:06

Post #: 16577057
Share

Originally posted by stlamc ↑

Yep, a combo of global broker recommendation downgrade (Deutsche down to sell) and likely short selling (as much as 24% of trades one or two days this week but Monday will have that info). And add in asx sell off today and this week which seems to have a strong overseas shift out of oz.

Full service clients might get their broker's advice a few days earlier than the public announcement. Also, jhc has had a strong run up since September, so natural profit taking.

I'm not convinced that deutsche has priced in jhc's growth from the recent announced activities. It's target price is $2.88 vs consensus of $3.20. P/e is high, but consensus has 10 to 20% revenue and npat growth per annum over next few years.

Expand

Deutsche downgrades it, price plummets and immediately UBS buy 14 mil. shares in the dip

JHC Price at posting: $3.05 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

EXR

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

Essential Energy conference: Streamlining approvals key to the green energy transition

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

There are more pages in this discussion • 4 more messages in this thread...

First 7 Last

Add JHC (ASX) to my watchlist