Jemtec Inc V.JTC

Technology Scientific & Technical Instruments

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 of offender control. In addition, the company offers offender location detection/verification technologies, include offender reporting through telephone contact, offender reporting kiosks with integrated database, global positioning system active and passive tracking, voice verification, electronic monitoring house arrest systems, remote alcohol in-home monitoring, and private monitoring services. JEMTEC Inc. was incorporated in 1981 and is headquartered in North Vancouver, Canada.

TSXV:JTC - Post by User

Jemtec Inc

<< Previous

Bullboard Posts

Next >>

(3)
•••

Comment by benzobenzoon Nov 19, 2023 1:40am

96 Views

Post# 35743073

RE:last trade $0.80

I agree loopsbutterfly. Likely significant losses for a period of time now. Leadership trying to obtain private contracts to avoid the govt bidding process for contracts. I don't know the margins on the private contracts but they need to do something after losing the Solgen contract. Likely will be bleeding $ for awhile. Hence, deterioration in balance sheet analysis. Should trade below book value. Margin of safety would be to purchase significantly below bv as this for the foreseeable future is a melthing ice cube w/ erosion to the asset valuation.

<< Previous

Bullboard Posts

Next >>

GFL Environmental to relocate headquarters to the US