I believe there is value in JDO’s share price currently. Their share price fell by more that 45% on the 25th of June. They started the day at $1.50 and closed at $0.90 making up some ground on the day. This fall was after they updated the market and cut their 2026 earnings forecast on the back of an increase in bad debts. Profit before tax is now expected to be between $163-$169m down from previous guidance of $180-$190m.

But this is the time you need to buy cyclical stocks like JDO, at or near the bottom of their cycle. For Australia to continue to be prosperous, then SME’s have to do well, and access to capital is key to this, and that’s what JDO do, lend money to SME’s. Business conditions are shot at the moment especially for SME’s but as the cycle begins to tick up again, JDO are in a positioned to benefit. I will do some numbers and further research on JDO and repot back soon!

P.S. I did by a small parcel of JDO shares today 🙂

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Reference to specific securities (if any) is included for the purpose of illustration only and should not be construed as a recommendation to buy or sell the same. All securities mentioned herein may or may not form part of my holdings at a certain point in time, and the holdings may change over time.

My Research Tool and Data Source of choice is:  Stockopeida