SP And of course MASSIVE profit taking since this morning's huge rise following the announcement.Up a mere 5% now. Someone made a pile!
NEW ARTICLE: Shares In Jelf Group plc Soar 20% As Marsh Emerges As A Potential Buyer "Shares in Jelf Group (LSE:JLF) soared by more than 20% today, as the insurance broker announced that it was in talks with Marsh over a possible cash bid. Jelf's management has been seriously looking for a buyer since the company implemented a new ..."[link]
Director Purchase. Wish I could buy some more at 125p at the moment !
New EPS Forecasts Fincap has issues new EPS ForecastsOriginal Forecasts - Based on a price of £1.40 on 18th Dec-142015 EPS Forecast 9.50p EPS Growth 74.6% PER 14.9 PER 0.20 2016 EPS Forecast 9.80p EPS Growth 3.2% PER 14.5 PER 4.59New Forecasts - Based on a price of £1.53 on 7th Jan-152015 EPS Forecast 10.1p EPS Growth 85.7% PER 15.1 PEG 0.18 2016 EPS Forecast 11.3p EPS Growth 11.9% PER 13.5 PEG 1.14This represents a 6% increase in forecasts for 2015 and 15% increase for 2016.The EPS Growth is still lower than I normally look for and gives a higher PEG too.Its only going to take another small EPS upgrade to increase the growth to bring the PEG to below 1.0I may buy a few more tomorrowSee what I look for when buying a stock at[link] follow me on Twitter@GrowthStocksUK
Re: Too expensive or still good time to buy? Well I won't be selling until after 30th December. Every dividend helps.
Too expensive or still good time to buy? Do we think 150-155 is a good entry point for Jelf?I feel they still have more to go.Interested to hear someone elses POV
NEW ARTICLE: Jelf wants to attract bidders "Insurance broker LSE:JLF:Jelf's market value is up by almost a half this year, yet the shares have traded sideways since the spring. Insurance premiums are under pressure and the company will likely depend on acquisitions to drive earnings growth ..."[link]
New major VC investor. Hence the drop in share price over the last few days.