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Jabil Circuit Inc. Message Board

  • njerseyguy22 njerseyguy22 Dec 18, 2013 8:24 AM Flag

    fair opinion: stock will tank to between 9 to 11 per share in due time

    1)mismanaged company cant give straight answers on conference call
    2) asset sale

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    • Not any time soon... company has an opertunity to buy back shares at these discounted prices and JBL just got 750 million in cash deal (that is about $3.75 per share).

      JBL will have about 2 billion in cash on the books once the deal is done... I dont think a company with that much cash plus over 15 billion in revenues sells that low. 1 week done the line stock price might be in the 18's.

      • 1 Reply to goldentouchbronx
      • Have you looked at their balance sheet? Liabilities seemed to have doubled over the past 5 years
        2013 (08/31/13) 2012 (08/31/12) 2011 (08/31/11) 2010 (08/31/10) 2009 (08/31/09)
        Liabilites
        Current Liabilities
        Debt in Current Liabilities 216 18 74 168 198
        Long-Term Debt Due in One Year 216 18 74 168 198
        Notes Payable (Short-Term Borrowings) 0 0 0 0 0
        Account Payable/Creditors – Trade 3,301 2,993 2,885 2,742 1,938
        Income Taxes Payable 40 36 33 19 12
        Current Liabilities – Other 1,307 812 898 677 539
        Accrued Expenses 1,301 808 892 672 538
        Current Liabilities – Other (Sundry) 6 4 5 4 1
        Current Liabilities Total 4,864 3,859 3,890 3,605 2,686

 
JBL
20.54+0.21(+1.03%)Jul 27 4:00 PMEDT