I have bought in today as I know this company very well. I have been in the insurance industry for over 20 years and JLG do the majority of insurance claims work for various insurers. They are growing and every natural disaster rakes in hundreds of thousands profit to them .. with natural disasters becoming more and more the norm in Australia, this company will make more and more..
Also note that the Steadfast group is a major shareholder.. they are one major source of income for JLG as brokers working under Steadfast have all their claims done by JLG. I have no doubt Steadfast will now also push a lot more business to JLG and whilst it is early days, I see Steadfast buying a lot more of JLG in the future !!
IPO - Johns Lyng Group Limited, page-19
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Last
$4.21 |
Change
-0.030(0.71%) |
Mkt cap ! $969.2M | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.29 | $4.20 | $1.624M | 384.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1184 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.21 | 6537 | 4 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| JLG (ASX) Chart |
