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

JAT

0.00%

75.0¢ jatcorp limited

There's always a turning point, page-61

First 61 Last

Share
Profile

Follow
Fatman8

6,849 Posts.

1440

27/01/21

08:19

Post #: 50457204
Share

Originally posted by CaptainSteve: ↑

Jatcorp purchased a majority holding in Golden Koala who were not going so well. They were cheap because of that. Even with the necessity for Golden Koala to call in receivers to recover $2.5mil from Nutritional Choice Australia Pty Ltd they still made a few sales with Jatcorps assistance. That $2.5 mil was an actual temporary write down of real money. It still has a very good chance of being returned when NCA is sold, and added back into income.

A majority holding was purchased in Green forrest and Sunnya. Both were a screaming buy as they were net profitable, had fantastic management that would stay and synergy's with JAT. Jatcorp have grown them even more. They have paid dividends to Jatcorp from net profits, not the other way around.

Jatcorp then bought an even larger majority holding in ANMA. ANMA were not going so well so Jatcorp bought them cheap and with Jatcorp contacts and management have provided manufacturing contracts not seen by them previously. Jatcorp have also provided 65% of the funding for doubling the factory production capacity and a much broader line capability. And once again no goodwill was sold. Get it right. Those intangible write-downs will provide Jatcorp tax benefits for years, providing higher net profits than would otherwise have been the case.

The other 50/50 subsidiary's should provide excellent opportunity's for growth in other products and Hangzou JAT is 100% owned by JAT.

If you like shares in a boring single company without subsidiary's and not expanding into new markets go somewhere else.

Jatcorp is on the right path to grow faster than any one trick company IMO.

GLTAH DYOR

Expand

My mistake JAT purchased 70% and sold 5% so now own 65%

JAT Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BUX

Buxton projects new graphite province discovery at WA Narryer play

There are more pages in this discussion • 92 more messages in this thread...

First 61 Last

Add JAT (ASX) to my watchlist

(20min delay)
Last 75.0¢		Change 0.000(0.00%)		Mkt cap ! $62.44M

Open	High	Low	Value	Volume
75.0¢	75.0¢	73.0¢	$41.80K	55.83K

Buyers (Bids)

No.	Vol.	Price($)
1	19643	75.0¢

Sellers (Offers)

Price($)	Vol.	No.
78.0¢	30000	1

View Market Depth

No.	Vol.	Price($)
1	19643	0.750
1	3846	0.650
1	17500	0.645
1	1650	0.600
1	11888	0.590

Price($)	Vol.	No.
0.780	30000	1
0.790	3655	1
0.800	22550	3
0.805	18000	2
0.820	42584	2

Last trade - 15.03pm 04/10/2024 (20 minute delay)

JAT (ASX) Chart

There's always a turning point, page-61

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

There's always a turning point, page-61

Top Stories

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News