Judges Scientific Share Discussion Threads

[davidosh] 18/11/2019 16:52

A great landmark reached today. Well done David Cicurel and the whole team plus all the subsids.

David and JDG first came to our Mello dinner to present and meet investors in 2009 and has been back at least once every year since so tens and tens of Mello investors came on board as shareholders. The price was £1.78 at the first Mello from memory so that is almost 30x and certainly is with dividends included and he always requests to come back and update everyone each year.

[jaf111] 18/11/2019 13:46

Well that didn’t take long.......
How long until £60?????
I’m certainly not complaining
LOL

[jaf111] 18/11/2019 13:05

Come on......who is going to be the first person to buy @ £50???????

[cornishman33] 16/11/2019 19:14

No, not me. I bought into JDG after reading many compelling posts by CR, the originator of this thread. Now a 35 bagger with a 30% yield. No plans to sell yet unless the situation changes.

[rhomboid] 16/11/2019 18:28

I should have paid more attention to the Cornishman on the fool....Dave your board was a great source of ideas ..sadly judges escaped my notice

Best Regards

[alter ego] 15/11/2019 22:42

Cornishman33, I recall someone with a very similar moniker on MF. Perhaps you were one of those that helped me find JDG?

[cornishman33] 15/11/2019 19:50

Started buying these in Sep 2009 when this thread was started. Taken some profit along the way, but still my largest holding. Less than 2000 comments in 10 years shows a distinct lack of interest in this type of company. Too boring I suppose.

[scottishfield] 15/11/2019 17:04

V well done alter ego, that's the way to do it, if you can. Easier said than done!

[alter ego] 15/11/2019 13:33

I find myself in the fortunate position of having bought JDG many years ago when they were highlighted by posters on the M Fool message boards. They have since increased elevenfold and are now a substantial chunk of my portfolio. My only "skill" has been to ignore fluctuations in price and hold for the long term.

I am intrigued however as to how much higher they can go in anticipation of full year results.

[grahamburn] 15/11/2019 12:17

Suppose you should have accumulated between May 2015 and August 2016 when the price fluctuated between £16 to £17 and then down to £14. I was fortunate to find the business during that period.

But in the investment game there isn't any mileage in saying "wasn't I wise", especially when there have been some occasions when decisions made have gone the other way just as dramatically.

This business still has plenty of scope for growth - both organic and acquisition-led - so accumulating in a sound company is rarely wrong.

[scooper72] 15/11/2019 11:48

And now about to break 5000p. My obvious regret is now that I should really have bought more than the 56 shares I have. I've almost doubled my money in a year. Don't want to sell as clearly they have a v good long term business strategy. But the big question is when to accumulate more.

[cornishman33] 02/10/2019 20:26

Another landmark for JDG, breaking £40. These were on offer for under £1 in 2009, just 10 years ago, also a divi with 20% CAGR. A nice 40 bagger for those with patience. What's not to like?

[tomps2] 27/9/2019 08:06

JDG H1 19 analyst presentation 18.9.19, by CEO & CFO, with the COO chipping in for the Q&A.

Quoting David Cicurel, CEO quoting Charlie Munger, 'figure out what works & do it!' JDG do that. A quality company.

[xajorkith] 18/9/2019 17:56

Very positive write-up on Stockopedia's SCVR, with organic growth & cash flow highlighted in particular.

Courtesy of Graham Neary:

"What's really impressive to me about these results is that they are organic. In the company's words: In the absence of any material acquisition since 1 January 2018, this statement shows no distinction between total and organic performance."

and,

"On a cash flow basis, the performance is great: £7.3 million of (after-tax) cash from operating activities, with only £300k spent on capex. Such a low capex number doesn't look sustainable, but it's still a fantastic cash flow performance for the six-month period."

[jaf111] 18/9/2019 12:42

Liberum Capital Reiterates its Buy - Target raised from 4,135p to 4,390p

[nchanning] 18/9/2019 09:19

Worth noting this quote from 2018 interim results 'In the last three years, trading has displayed a second half bias which is not expected to be replicated this year .In fact there was an H2 weighting for the 4th year in a row which led to two more ahead of expectations announcements before the end of the year.So worth taking today's promise of no H2 weighting with a pinch of salt

[xajorkith] 18/9/2019 09:13

Strong results with UK weakness more than offset by strength in the US and the associated / ongoing currency tailwind.

Typically cautious outlook, but encouraging to see the order book strengthening as we move into H2, following a slow Q2.

Price target upgraded to 4390 by Liberum, but expect this to be comfortably beaten as we move into 2020.

[nchanning] 18/9/2019 09:04

Mr Cicurel has traditionally been conservative in upgrading forecasts , so don't be surprised to see Judges beat Liberum upgraded forecasts of 206 EPS . Furthermore there is still the firepower to easily add 3-4 million in EBIT through acquisition . Expecting 250 EPS in the near term if this happens and a share price of 5000p

[spann_703] 18/9/2019 07:55

Nice results. Cash balance up circa 30%, outlook: "Adjusted profit before tax and earnings per share anticipated to be ahead of FY 2019 expectations".

[tudes100] 18/9/2019 07:47

Excellent results, US sales firing

[jaf111] 18/9/2019 07:47

Always pleased to see.....

Adjusted profit before tax and earnings per share anticipated to be ahead of FY 2019 expectations

[jaf111] 09/9/2019 19:02

Liberum Capital Buy - Target 4,135p

[xajorkith] 12/6/2019 12:30

Nice move here recently.

Seems the market agrees with post 1942 :-)