JLG 0.71% $4.18 johns lyng group limited

Agreed Mr Dollar, however having an intimate knowledge of this...

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  1. 3 Posts.
    Agreed Mr Dollar, however having an intimate knowledge of this company and the industry the big news in the detail is the expansion to the US.

    This is significant because:
    - the market size is enormous, obviously

    - i would think that a current client, such as a large adjusting house must have offered support when they arrived in the US.

    - the appointment of Robert Kelly and Paul Dwyer as Board Members. Robert and Paul are both globally recognised insurance leaders and will no doubt leverage their broker and insurance network in the US to gain clients

    - Curt Mudd is also an impressive American executive with a background in global roles at Nike and Limited Brands

    - back home in Australia they subtley mention that one of the reasons for the IPO was to gain access to capital markets. This translates to buying up the competition. Insurers are legally obliged to have enough capacity to service insurance claims to they will have nowhere else to turn as insurance building is a very unique form of building.

    JLG is set to grow significantly.
 
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$4.18
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