JYC - Joyce Corporation

[frugal.rock]

Chart update

Its just such a well run little business, one for the bottom drawer.

From back in 2021 I believe.

 

[divs4ever]

was a mere 36 cents when i bought into them in January 2013

one of those strange winding journeys

but well and truly repaid for that trip to Perth , not to mention the other investment ideas i spotted on the trip about a 66% successful hit rate so ended well in front ( even without JYC )

 

[galumay]

Poor finish to the year for JYC after a good H1, hopefully someone smarter than me can explain "Normalised" NPAT, I cant find anything in the notes but it has a significant variance to reported earnings. Assume its non-recurring revenue/cost adjustment.

 

[divs4ever]

Poor finish to the year for JYC after a good H1, hopefully someone smarter than me can explain "Normalised" NPAT, I cant find anything in the notes but it has a significant variance to reported earnings. Assume its non-recurring revenue/cost adjustment.


View attachment 183406

an uniformed guess is adjusted for extra days ( or a whole week ) in the accounting period

i had seen references to non-52 week year in other shares i hold ( some had 2 extra days some were less specific )

( remember this was a leap year )

 

[galumay]

Yeah, not that, its a lot of money!

 

[galumay]

Well regardless of my reservations about the result, I gratefully accepted the Final & Special Divvies into my account today, 5% thank you very much! My second largest holding behind AAPL, even after I sold down a bit this week.