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Bullboard - Stock Discussion Forum Jemtec Inc V.JTC

JEMTEC Inc. provides integrated technology systems for community-based corrections in Canada. The company offers services and technologies for offender monitoring in Canadian federal and provincial correctional departments, and private customers. It also provides various levels of technology, which allows corrections, courts, and police to select from various options ensuring the correct level... see more

Bullboard (TSXV:JTC)

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  • TorontojayX
Post by Torontojayon Mar 24, 2022 6:01am

Ttm earnings yield

In the last 4 quarters Jemtec has produced net income of ~  $ 635k. They have no debt and a cash position of $ 2,023,154. The market cap is ~ $ 5.59m and ex cash it's ~ 3.567 m.  ...more  
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(581)
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  • TorontojayX
Comment by Torontojayon Feb 23, 2022 7:17pm

RE:strong buy under $2.00????

Doesn't a company with a high return on equity deserve to be trading at a higher book value? 
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(82)
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  • loopsbutterflyX
Post by loopsbutterflyon Feb 18, 2022 9:23pm

strong buy under $2.00????

why??? book value is well under $1.00
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(581)
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  • TorontojayX
Comment by Torontojayon Dec 24, 2021 11:10am

RE:RE:RE:Special dividend?

The market may have anticipated that no special dividend may come our way. Either way, it's a good sign and a strong buy under $2. 
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(3)
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  • Philbert77X
Comment by Philbert77on Dec 22, 2021 7:53pm

RE:RE:Special dividend?

I would agree as well. If not this year, then next year for sure.
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  • DudeRancher1953X
Comment by DudeRancher1953on Dec 22, 2021 10:45am

RE:Special dividend?

I have high confidence that there will be another similar special dividend announced soon. If there is no such announcement, I will be very pleased as it will suggest that they have something better ...more  
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(581)
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  • TorontojayX
Post by Torontojayon Dec 22, 2021 9:08am

Special dividend?

Last year I received a nice 25 cent per share special dividend. With the huge cash balance I wouldn't be surprised to see another one. It was declared last year on Dec 22 and was payable on Feb 10 ...more  
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(3)
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  • benzobenzoX
Comment by benzobenzoon Dec 21, 2021 4:55pm

RE:RE:RE:RE:Boring and profitable

I'm not sure who won the Ontario gov't contract.  However when it was not renewed Jemtec for years lost money.  It was selling for less than NCAV.  Now the business metrics look ...more  
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  • DudeRancher1953X
Comment by DudeRancher1953on Dec 20, 2021 1:00pm

RE:RE:RE:Boring and profitable

You mention the loss of the Ontario gov't contract. Any idea who took over that business? I don't know a lot about the competition here however I suspect it is the technology companies ...more  
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(3)
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  • Philbert77X
Comment by Philbert77on Dec 18, 2021 5:00pm

RE:RE:RE:Boring and profitable

The CEO is not a young man and he does hold a fair number of shares. I suspect at some point this company will get bought out. How else is he going to unload such a large amount of shares?
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  • benzobenzoX
Comment by benzobenzoon Dec 04, 2021 1:25am

RE:RE:Boring and profitable

Thank you.  I have directly asked management succession plans and also the certainty of long term contracts.  A few years ago their Ontario govt contract completed and was not renewed.  ...more  
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  • Charley33X
Post by Charley33on Dec 02, 2021 1:19pm

Quebec to roll out tracking bracelets for violent partners

Could it be a new business for JTC ? https://www.cbc.ca/news/canada/montreal/tracking-bracelets-domestic-violence-partners-1.6270113
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(1)
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  • DudeRancher1953X
Comment by DudeRancher1953on Oct 19, 2021 10:33am

RE:Boring and profitable

Thanks for the post. I view the company in a similar manner. One concern I have is that the CEO is extremely key here and to a certain extent is a one-person show. I may be wrong on this, however it ...more  
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(581)
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  • TorontojayX
Post by Torontojayon Oct 16, 2021 12:41pm

Income before taxes

2021 ttm: $677,560  2020: $578,730 2019: $558,214 2018: $234,691 2017: $ 34,024 2016: $ (149,370)  Year over year net income before taxes is growing nicely and a reason to be ...more  
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  • TorontojayX
Post by Torontojayon Oct 16, 2021 11:25am

Boring and profitable

Jemtec is a true hidden gem waiting to be discovered. Let's go over why I believe Jemtec could be a multi-bagger in the making. For starters, Jemtec was trading at around 40 cents per share 5 ...more  
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