JDO - Judo Capital Holdings

[UMike]

Anyone around?

JDO CEO on Business weekend.

 

[frugal.rock]

I had jumped out before the drop, still at a loss though.

Had considered dropping a load on a buy at $0.87 area after the drop, but was too busy elsewhere to carry it out.
Still a couple of years off paying a divvy I feel.
Circa $1 price entry is probably a pretty good place for a 5 year plus outlook though... SP should appreciate nicely when it's getting closer to paying a div.

 

[UMike]

While not around for long, they have constantly hit or exceeded guidance.
Now have a P/E rating of 15.

So long as there is no deep recession at $1 there is a chance this may outperform the mkt.

Would be a great match-up with tyro imo.

 

[peter2]

The board isn't happy with the constant sell-off in the shares.

The board hasn't provided any guidance on the NIM once the cheap financing obtained during the pandemic is replaced with more expensive finance. Uncertainty will cause a selloff every day of the week.

 

[UMike]

I'm not happy either.

Got another lot Monday. Probably could be listed as a substantial shareholder if this keeps up.

 

[UMike]

Bit of a bottom picker stock atm.
Picked up some more for the Super Fund's bottom draw.

 

[frugal.rock]

Bit of a bottom picker stock atm

Pretty much my sentiment also, thus my entry into the yearly comp.
Not expecting it to shoot out the lights, but hopefully it's a safe choice given time.
Now it's waiting time.

 

[UMike]

Yea missed out on a pretty large order at a low ball $0.80.
Who knows $0.805 or $0.81 would have got it. That'd be OK.

It's just following the general market atm.

 

[Garpal Gumnut]

I have contemplated a punt on this little monster.

But wonder why nobody searches for it on the internets. And I agree with @UMike as to his lowball hope but it may be too late.
Or not too late on the other hand.

Although ... However ... hmmm ... let me visit the internets again ... some kinda announcement today ... could it be getting married? ... hmmm nah ... said to be a routine announcement.

gg

 

[UMike]

I have contemplated a punt on this little monster.

But wonder why nobody searches for it on the internets. And I agree with @UMike as to his lowball hope but it may be too late.
Or not too late on the other hand.

Although ... However ... hmmm ... let me visit the internets again ... some kinda announcement today ... could it be getting married? ... hmmm nah ... said to be a routine announcement.

gg

Usually if I own a large amount of the stock I am quite happy for the lowball not to ever be reached.

 

[Garpal Gumnut]

Usually if I own a large amount of the stock I am quite happy for the lowball not to ever be reached.

I'll stop looking at JDO for a little while now. It may be the right and decent thing to do @UMike to remove your order at $0.80 to enable god fearing and upright citizens such as myself ( and @divs4ever no doubt ) to pop in ahead of you in the queue at 80c.

The spinning top's push up is certainly losing momentum as this move up peters out on low volume.



gg

 

[UMike]

@Garpal Gumnut

Might roll the dice and gamble an expiry time out.

JDO and WDS.

 

[Ferret]

One of my picks for the 2024 comp.

JDO had a very strong December. Perhaps it has turned the corner.

The business seemed to be doing ok while the stock price languished. Maybe some takeover potential too.

 

[Ferret]

No news, but a big fall on decent volume today. Down 10% at one point.

Just a large sale being pushed through or bad news to follow?

 

[UMike]

Apparently there was a down grade by a broker. To Sell
Not sure it will impact the long term price action.

 

[UMike]

 

[UMike]

Probably proves you should never succumb to a scare campaign.
Got no evidence of the broker down grade. but they should be outed as the morons they are.

Hopefully this trajectory continues.

 

[Ferret]

The market likes it. We'll see if it can hold its gains.

 

[UMike]

Yep as taken from @debtfree 's market wrap

• Judo Capital Holdings (JDO)
  • Downgraded to sell from buy at Citi; Price Target: $0.87
  • Retained at hold Ord Minnett; Price Target: $1.10

Shows how much Citi knows.
They doubled down again today.

 

[frugal.rock]

My best stock in the yearly comp.
A bank.
How boring eh?!
@debtfree