There is not much interest apparent in JBH on BBs
or in the media, which is
surprising as its SP has been steadily gaining over the past year.

The cryptic maths in the thread title, is intended to show that the epic jbh,
represents the company jab holdings, which in turn has EDIT a 21% share in
USA company RM motors. However my maths is never very good and the actual %
is lower - still a decent 21% though! The chart for jbh speaks for itself:



It holds a c. fifth share in American classic car auctioneers RM and
has interests in Canadian equivalents. The Classic car auction market
appears to be booming over there of late. Possibly a reason is the
desire of many to hold some alternative investments that are also
a pleasure to own in more tangible form than a share certificate.

I have been averaging up over the past few months but even so
my holding is showing an overall 40% paper gain. JBH's results are
due in a couple of weeks and if the press reports of RM's auction
results are any fair yardstick, JBH's profits (it takes a big % divi
from RM) should be first rate. There is a possiblity
of some corporate action eg a reverse t/o. A large % of the shares
are family controlled and shortage of stock can lead to
sp volatility.

My target atm is for a 1 bagger but so far am only 40% there!

DYOR

T/O announced after hours:




LONDON (AFX) - North Cross International Limited, a newly created company, has made a recommended offer for JAB Holdings Ltd at 0.475 pence cash per share, valuing the whole of JAB at 2.0 mln stg.

North Cross International has received irrevocable undertakings to accept the offer in respect of 260,277,177 JAB shares, representing approximately 60.62 pct.

North Cross International is a newly formed company for the purposes of making the offer and is controlled by discretionary trusts under which Julian Treger, a JAB director, is a potential beneficiary

Disappointing imho - I'd prefer to stay in for the longer term