Jewett-Cameron Trading Company Ltd JCTC

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[Possibleidiot01]

Jewett-Cameron Trading Co. (NSDQCM: JCTC) jewettcameron.com/

What they do: Materials (lumber and wood production) engages in the manufacturing and distribution of pet, fencing, and other products. The company operates through Pet, Fencing and Other; and Industrial Wood Products segments.

Potential rewards: I’m sorry I have been trying to avoid using pictures in these articles because it makes them too long, but I couldn’t avoid attaching a picture for Jewett-Cameron as they are listed as a “lumber company” when they more accurately make pet accessories (that includes some lumber such as fencing). My first impression of JCTC is that they should get bought out by a private company. Share price is down 33% on the year as money is tight right now for people and there is less discretionary spending in pet accessories. There are cracks in the earnings as Q1-2025 reported a $700,000 net loss compared to a net income of $1.3M last year. This appears to be a good little company struggling in challenging economic (and market) conditions, and I wonder how long their little $12.5M market cap sits available before someone is willing to buy that $46.5M TTM revenue in a private equity deal.
Potential risks: Recession and less spending on discretionary pet items is obviously this company/ stocks greatest risk. Despite an already tiny $12.5M market cap, if the current trends continue to get worse for JCTC then so can their share price. This might be the greatest risk (and potential reward) for JCTC shareholders as this is too good of a company to go bankrupt, and I wonder sometimes if private equity doesn’t put on a disguise (poorer clothes and a cheaper car) and attend MCC Vegas looking for takeout candidates.