JAT 1.92% 5.1¢ jatenergy limited

Ann: Acquisition of 70% of Australian Infant Formula Manufacturer, page-17

  1. 4,720 Posts.
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    WOW, this is a HUGE announcement.

    Key points
    - Melbourne based dairy product manufacturer
    - CNCA/SAMR approval to export to China
    - 12 mill cash and 2 mill in JAT shares to be funded by existing cash reserves, anticipated cash flows (cash flow positive) and debt funding - Essentially no dilution in shareholders through a CR!
    - Payment to be made in 6 tranches (to 30 June 2020), so wont affect continuing cash flow.
    - Secures infant formula slots (guaranteed exporting IF products)
    - Acquisition captures the manufacturing MARGIN (what Ive been harping on about) increase profit margins on products

    The significance of this announcement is huge, and yet still the company is only valued at 46 mill MC. Confirmation I am buying more upon this announcement to increase this as my largest holding on my portfolio. This is guaranteed a lock now with this confirmation!

    GL guys
    Last edited by Mundo122: 08/08/19
 
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