Johnson Service Share Discussion Threads

[mistermagoo1969] 27/4/2009 15:17

Im in thanks for the heads up on CR

[boobly] 27/4/2009 10:50

Debbs :......Perhaps best to quietly buy a few before the `NEWS` gets out ;>)

[debbiegee] 27/4/2009 10:47

A news alert just popped up on my screen,JSG BEST BUY !

Wasnt quick enough to type into it and read more so have just google searched JSG news but found nothing new ???????

[cockneyrebel] 24/4/2009 20:07

impatient traders.

AGM on May 7th - I'd have thought in a market like this you want to be long JSG. Seems even if a co comes out and says they are near to death the shares are going up - a positive statement and they should rocket.

When the co has already said it will meet forecasts and the fwd PE is 4, and a co where the chance of an upgrade looks very likely here out, why don't the traders buy and hold?

I would expect good buying up to the AGM in a fortnight as those wanting to be in ahead of any news buy the stock up.

CR

[solsticefire] 24/4/2009 19:48

Naahh think itll be flat tomorrow :-)

[swordfish7] 24/4/2009 01:18

Excellent news! Confirmed sell on British bullsh1t. Good rise tomorrow then.

[chrysippus] 21/4/2009 23:09

CR -

Agreed, feels like one of the lower risk shares at the moment! Hope for steady progress...

Ta again for your replies the other day on your thread.

Best

C

[cockneyrebel] 21/4/2009 19:25

CBI - chinese risk1 - I don't do chinese unless it's a spring roll! Very poor corporate govenance on all of them - ok for a day trade but I'll never hold one overnight unless I'm feeling particularly brave.

JSG - been good director buying if you look back and the recent comment suggests the savings and restructuring they have done will kick in in the coming year imo.

CR

[stucom] 21/4/2009 16:46

yep....WHY was just a short term play......there are a lot of 'dotcom' style plays around at the moment,and it's impossible to get on all of them! seen a few 100/200% rises of late.just trying to top up trhe kitty for the real rises later in the year hopwfully.had WTM on,but plumped for JSG......been in/out of TW over last month from 18p.see at least 60p when bondholders sign off docs on april 30th,plus gov stimulus.......................stu

[boobly] 21/4/2009 16:39

stucom :....I seem to remember you were into BVC many moons ago .
I had been watching WHY from around 10p ! but couldn`t quite make my mind up about the strength of the business . That flight has definately left without me !
FWIW , I believe this to be a REAL business , with REAL potential ,
for REAL recovery , so I hope we`re all better off in here !
Good luck .

[stucom] 21/4/2009 16:20

missed the boat on WHY yesterday due to S/T being knacked most of day,had JSG on my list.added a few this am........nice so far..........

[boobly] 21/4/2009 09:51

There`s been a lot of loose stock hoovered up over the last few days .
Strong buying again today .

[chrysippus] 21/4/2009 00:42

Cyberbub -

Research says it certainly doesn't look like imminent bust is on the cards at all... divestment to pay down debt, restructure to improve productivity, seasoned turnaround specialist at the helm, mature stable management team, director buys, market leading position, all says co. will come out the other side with this price looking a bargain.

(I know you know all this - partly convincing myself since new in here today as the top pick from a hard weekend's screening!)

Best wishes

C

[cyberbub] 20/4/2009 21:36

Are we reasonably sure that they won't be going bust imminently though, ll23pp?

[risk1] 20/4/2009 21:26

CR

Can you have a look at CBI please

ought 22k shares last week was thinking of doubling up

tia

[cockneyrebel] 20/4/2009 21:22

They had big share dilution cyberbub.

As for forward earnings, from what the co says ther could be a grater improvement in the coming year than forecast. If we have got a recovery earlier and stronger than expected then eps might get a boost there too.

I think the current 3.5p forward forecast looks capable of being beaten by some way - 4p looks achievale quite easily. A forward PE of under 4 just as we get recovery looks remarkably attractive imo - especially as all around are re-rating up onto higher PE's.

6p eps the year after might easily be on, PE's of 8 or so once the market firms up. Perhaps a 3-4 bagger over 18 months if all goes well?

CR

[cyberbub] 20/4/2009 21:18

PS it doesn't surprise me to see a peak of 19p, most of these smallcaps which are bouncing seem to run out of steam at roughly 3x their lowest price (6p in this case), as the short-termers are very happy with a 3-bagger in a short space of time.

I would like to think that we could continue higher on this share, the cliff-drop looks very tempting, but given the huge equity dilution last year it's difficult to see how we could get much beyond 25p at least in the short term?? That would be the equivalent of around 75p pre-dilution, would it not?

Any comments appreciated.

DYOR

[cyberbub] 20/4/2009 21:15

Anyone got any comments on my post 718? Thanks very much. Cyber

[cockneyrebel] 20/4/2009 19:30

You can see the Dow sort of moving in waves all the way over the past two years in like a ball bouncing. Looks like there's a bit of a down wave there now for a few days perhaps, but suspect the up days in between will befefit small caps the most. Dunno that the FTSE is following quite the same pattern tho, seems less wave like and generally more positive. I think if you're holding the fundamentally cheaper stocks with greater potential you're out running the market imo.

CR