JIN - Jumbo Interactive

[westboy]

Before any of you start triming stocks because you are overweight on a stock please read this.

Most wont get it but that is fine.

http://valuebin.wordpress.com/2011/01/27/warren-buffett-on-investing-small-sums-of-money/

Happy investing

Cheers

 

[ROE]

The secret is out

When I was doing this there was barely anyone covering small caps or micro caps

now you got every man and his dog doing it and now you even have micro/small caps fund managers
all they do is looking for micro caps and small caps.

I like to tell people small and micro caps are risky, go buy Woolies and CBA and BHP

 

[westboy]

http://www.wfunds.com.au/fundreports/ALF_2012_Sept_Q3_WEBREADY_V2.pdf

This is worth a read I think

Cheers

 

[westboy]

$2 is holding well
..........Woot

 

[fonglooi]

$2 is holding well
..........Woot

how is the usa investment going? Is they any risk of losing money? and when will the company giving out dividend?

 

[herzy]

how is the usa investment going? Is they any risk of losing money? and when will the company giving out dividend?

The company is already paying a dividend, and I think is still fair to good value based purely on Aus operations. As for USA, I have no idea - doesn't seem to expensive, and the potential there is huge. However, I have no idea as to prospects for success. Anything they do there is (imo) a bonus...

 

[westboy]

fonglooi, They are spending a fairly modest sum on trying to get overseas licences, If they get one they have a warchest of capital to through a it, but a licence is a license to print money if theyhave the capital to though at it which JIN does.

Herzy is right, anything that happens overseas is a bonus.


Cheers

 

[Vader]

MASSIVE announcement by Jumbo today...

Jumbo expands into USA through joint venture

On the face of it, this sounds like an amazing opportunity to start cashing in on the US lottery market... I wouldn't mind finding out more about this Retail Gaming Solutions though, can't seem to find much about them.

 

[ROE]

Step in the right direction, successful business requires many year of hard work and laying foundation..

Jumbo is going in the right direction...

 

[VSntchr]

JUMBO expands into MEXICO!

From announcement:
● Signed long-term exclusive agreements with Sorteo Games (“Sorteo”)
which holds two national lottery systems (“Lotería Nacional” and
“Pronósticos”) and distribution licenses in Mexico

● Exclusive agreement includes rights to sell official “Lotería Nacional” and
“Pronósticos” Mexican lotteries in Mexico via internet and mobile.

● Strategic investment of US$2 million in Sorteo Games Inc, plus an option
for an additional US$3 million, to assist with the expansion of the
business in Latin America


Two announcements in two days.
No earnings information given, so could take a while for the market to digest this...but obviously is a MASSIVE move for JIN

 

[ROE]

http://www.marketwatch.com/story/so...vestment-and-partnership-agreement-2012-11-30

Market has not factor in these deals.
in 3-5 years their earning could be double what it is today

 

[Out Too Soon]

Wow! bought yesterday @ 2.23, already looking good

Edit: because I really should give some explanation
After the uptrend there was a gap down on Nov the 26th following that yucky wedge triangle. Then there was a price spike both down & up at the start of the healthy upward triangle. ie I expected a good result from all these signs/price actions.
PS: have been watching JIN for a week or so & like the fundamentals also
Not so sure about a continued uptrend in the next few days but I'd say it's better than 50%.

 

[ROE]

Profit upgrade, more and more people joining JIN every year, their customers database grow yet again
18m in cold hard cash, no debt, dividend likely to increase what is not to like

10 baggers soon

 

[Boggo]

Profit upgrade, more and more people joining JIN every year, their customers database grow yet again
18m in cold hard cash, no debt, dividend likely to increase what is not to like

10 baggers soon

Hard to ignore this type of pattern too

(click to expand)

 

[Out Too Soon]

Wow, lucky I'm a short term trader & already took profits, JIN was sailing along nicely & suddenly almost 10% drop, no explanation I can see on ASX as yet, feel sorry for any small investors if they were still holding. Unless there is some reason other than big profit taking then I guess the sp will climb again. Anyone with thoughts or info? :dunno:

 

[VSntchr]

No need to feel sorry for small investors, pullbacks are a great time to load up more stock.

Easy for a big mover like JIN to fall this far...its really only back to what it was about a week ago...hardly worth worrying about!

 

[ROE]

After a week or two resisting $3, today it doing a Usain Bolt to the finish line close at $3.14 an easy 5.5%
they need to start doing a CCP soon with 50-100% dividend increase every half

I'm expecting at least 50% increase in dividend this half

 

[VSntchr]

After a week or two resisting $3, today it doing a Usain Bolt to the finish line close at $3.14 an easy 5.5%
they need to start doing a CCP soon with 50-100% dividend increase every half

I'm expecting at least 50% increase in dividend this half

Great run continuing.
Dissapointed I sold some at 2.50 then more at 2.90ish. Buuttt, its still by far my biggest holding...so I had to exercise some portfolio management!

Results will be interesting...

 

[Ves]

I'm expecting at least 50% increase in dividend this half

Earnings will be pretty flat because of the drag by overseas marketing costs, the accounting changes and because of the options exercised. As they said at the 2012 AGM - they won't payout more than 20-30% of earnings whilst there are so many growth avenues available.

I personally don't see an increase in divvy this year.

 

[Ves]

This will get hammered tomorrow. Missed low-end of NPAT guidance released in December.