Good one of the bunch. Not a great one, but appears to have a business you can understand. Pretty consistent revenues and profits, Australian Chairman (one more Australian director please), just picked up its biggest contract. I don't mind this company. I can see it slowly going from 78 to 80 to 85 to 90 and up to maybe $1.20 in a few years. Not a big re-rater, but a slow chugging stock. I don't think it can pay a dividend in a hurry cash balance too small. Share price can drop a lot on buying/ selling action but can up jut as quick.
If this drops under 60 it would be a good top up point to sell back around 80. Not a bad stock. But, Chinese. What do you believe eh?
JCI Price at posting:
78.0¢ Sentiment: None Disclosure: Held
