Fresh, its a very interesting world we live in. I was at an AGM of another stock I hold (not hard to guess which one) and the board were in agreeance that anything that can save you money in this economic enviroment is going to succeed?
How does this apply to JMB? Simple, I work for an ASX10 company and I can tell you times are tough. Pressure on FTE and management searching for ways to reduce cost. The revamped platform we have launching in England is just the start of what we can deliver to a marketplace looking to save a buck... what better way than highly experienced contractors in an area you wish to bolster temporarily. Working where I work has also given me the opportunity to meet many contractors and consultants, and I have run the idea by them, with such uncertainty they are all worried about their next contract and are sold on the idea and would welcome such a platform to showcase their skills and land their next job. With a fully diluted marketcap of 6m we are very undervalued and when the market wakes up and sees some decent revenue coming in watch the PE multiply. Can't say anything about timing, but I love picking undervalued stocks and watching the market wake up. Maybe today was the start?
JMB Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held