Jubilee as a BUY is my fourth share tip of the year.3 Jan 2024 17:40
From TW: "And with the new JV agreed and more to follow makes me more and more certain that at some stage Jubilee will be reporting near peak cycle pre-tax profits of £100-150 million. Put that on a modest multiple of, say 4, and you get a valuation of, say £500 million, which would be 18p per share.
It might not happen next year but it looks a good bet for 2025 and thus in 12 months time as we approach 2025 the shares should at least have doubled if not trebled. Jubilee as a BUY is my fourth share tip of the year."