News Focus
News Focus
Followers 318
Posts 22313
Boards Moderated 18
Alias Born 12/28/2002

Re: None

Tuesday, 07/05/2022 3:43:56 PM

Tuesday, July 05, 2022 3:43:56 PM

Post# of 129715
Anyone still follow JCTCF? Might be a decent hold into earnings next week. Company had an excellent Q2 report, even including a 1-time charge-

https://finance.yahoo.com/news/jewett-cameron-announces-2nd-quarter-205500204.html

They sounded pretty upbeat back then. Obviously things may have changed with the economy slowing. But with the stock down from the double digits late last year to the $6's now...seems like an attractive risk/reward. As JCTCF has a low float and their fiscal Q3 report next week is their seasonally strongest quarter. So they could post big EPS. Only bummer is they recognized a PPP gain in the year ago Q3, so the headline earnings comp might be tough.

Here's another interesting tidbit on JCTCF. There's a Seeking Alpha article on the company from back in May. Written by the former CFO! Guessing he knows a little something about the company-

https://seekingalpha.com/article/4507216-jewett-cameron-transformation-not-reflected-stock-price

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today