All posts and charts are for educational and illustration purposes only
Monday, November 27, 2017
Jumbo - Earnings below estimate , higher dividend did not help share price
Jumbo - FY 17 earnings below estimates dampened by higher operating cost. Faster expansion plan incurring higher capex will be a key risk if it fails to deliver growth. The increased dividend to 1.2c did not help to boost the sentiment. On the charts , its heading for its next support at 0.525 and a break below this level will take the share price down to 0.47.
at 8:17:00 PM