Replies to post #99085 on Savvy Trades and Investments

[hweb2]

Decent quarter from JCTCF but they had an impossible comp. Lots of value in the $6's and commentary sounds ok heading into their fiscal Q4. That will be a much easier comp...and I think this low floater could pop significantly higher on that report...but it won't be out til November. Might be a snoozefest til then. JCTCF has bought back a bunch of shares over the years, wish they would just take this one private.

https://finance.yahoo.com/news/jewett-cameron-announces-3rd-quarter-210600048.html

[hweb2]

JCTCF is down about 20% since last week to a new 52-week low. Not quite sure why. Lots of stocks struggling in this tough market, but JCTCF down more than most.

I've been adding after this selloff. JCTCF has excellent fundamentals, with consistently solid earnings for years now. Around $7/share in tangible book value. Should have a favorable Q4 report at the end of November. Although like most companies, a slowing economy will have an impact on them. Still think this low floater will get a pop higher at some point, even if it's just back to the $6's