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

JAT

Click for more information

0.98%

51.5¢ jatcorp limited

Undervalued is an Understatement., page-12

First 12 Last

Share
Profile

Follow
Bricking

2,490 Posts.

169

03/08/20

16:38

Post #: 46270685
Share

Originally posted by CaptainSteve ↑

It seem that most holders are disappointed in Jatcorp's latest cash flow quarterly. Yes we all wanted a huge cash receipts revenue of over $25 mil for the quarter. $63 mil of cash receipts is slightly down on last years $66 mil.

Jat's half year report shows that a substantial increase in gross profit was occurring in FY 2020 compared to FY2019 due to an increase in gross margin % from 10% to 24%.

Jatcorp will probably only have double the gross profit in FY 2020 compared to FY 2019 even with only $63 mil cash receipts. We would all like to have seen triple gross profit but a 100% increase is not bad.

Instead of a $4 mil or $ 5 mil net profit JAT will be lucky to get $1 mil or $2 mil net profit now.
It is still a big improvement on the $20 mil net loss FY 2019.

This bit of an SP dip has given me another opportunity to average down on my JAT holdings as IMO it is still way undervalued.

GLTAH DYORs

Expand

Time to give it a rest Steve imo

JAT Price at posting: 3.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

PFE

Pantera begins drilling of maiden test well at Smackover

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 17 more messages in this thread...

First 12 Last

Add JAT (ASX) to my watchlist

(20min delay)
Last 51.5¢		Change 0.005(0.98%)		Mkt cap ! $42.88M

Open	High	Low	Value	Volume
51.5¢	51.5¢	51.5¢	$1.116K	2.167K

Buyers (Bids)

No.	Vol.	Price($)
2	5347	51.0¢

Sellers (Offers)

Price($)	Vol.	No.
51.5¢	948	1

View Market Depth

No.	Vol.	Price($)
2	5347	0.510
2	1124	0.490
1	1000	0.480
1	2150	0.460
2	26000	0.455

Price($)	Vol.	No.
0.520	1648	1
0.550	39565	1
0.560	12073	3
0.590	20000	1
0.600	103269	1

Last trade - 15.54pm 07/11/2024 (20 minute delay)

JAT (ASX) Chart