27/02/2024 16:52

Johns Lyng (JLG) $6.25

JLG -13.19%: The John ding-a-lings as they’re called on the desk were whacked today after missing 1H earnings expectations. While revenue of $610.6m was above expectations, profit of $23.4m was a ~7% miss impacted by higher costs.

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11/08/2023 09:23

Johns Lyng Group (JLG) $5.51

Non-residential construction business JLG rallied +2.6% on Thursday for no major reason, perhaps we just saw some book squaring/bottom picking ahead of their result on the 29th. The builder delivered a poor quality upgrade in late June.

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22/06/2023 17:01

Johns Lyng Group (JLG) $5.24

JLG -11.93%: the builder was out with a downgrade that read like an upgrade today. The construction company now expects an extra 10% in both revenue to $1.25b and EBITDA to $133m.

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11/10/2022 09:36

Johns Lyng Group Ltd (JLG) $5.63

As we mentioned in yesterday’s Match Out Report Johns Lyng Group (JLG) fell almost -15% on Monday after their influential CEO sold 7.5% of his holding to fund a new house in Colorado and tax liabilities. Unfortunately they also reconfirmed FY23 revenue & EBITDA guidance which was around 5% below market expectations – i.e. an awful combination of insider selling shares...

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20/09/2022 09:14

Johns Lyng Group (JLG) $6.16

JLG is a Victorian-based non-residential construction business that was looking good earlier in the year but this $1.6bn business has subsequently been hammered since the CEO and COO started selling shares in May although we would add that both directors retain significant holdings in the business.

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