JB HI-FI (JBH) Shares

ABOUT JB HI-FI

JB Hi-Fi Limited is an Australian retailer that sells and specializes in consumer goods. The company has locations in Australia and New Zealand. It headquarters in Melbourne and employs approximately 12 500 people in Australia and all its subsidiaries under the company’s control.

John Barbuto started JB Hi-Fi Limited in 1974. He sold the business in 1983 to Richard Bouris, David Rodd and Peter Caserta who increased the one store to ten in Melbourne and Sydney. In 2004, the company bought 70% of the Clive Anthony’s chain in Queensland and two years later, it bought the Hill and Stewart chain of eleven electronic stores in New Zealand.

In 2010, it closed all Hill and Stewart stores and established it under its own JB Hi-Fi brand.

When the company bought The Good Guys in 2016, it enlarged its share of the Australian home appliances retail market with 29%.

It grew its share of the consumer electronics retail market to 24%. Since 2018, JB Hi-Fi Limited is ranks as the seventh largest consumer electronics and home appliance retailer in the world.

OVERVIEW OF JB HI-FI

• JB Hi-Fi Limited is involved in the retailing of home consumer products.
• The company has two divisions, Australia and New Zealand. It handles the sale of consumer electronics products and services, which includes audio equipment, televisions, software, computers, cameras, CD’s, DVD’s, Blu-ray discs and games, cooking products, whitegoods and small appliances.
• It is involved in the sale of consumer electronics products and services, including televisions, audio equipment, computers and cameras, software, whitegoods cooking products, small appliances, telecommunication products and services, musical instrument, and digital video content.
• The company also offers information technology and consulting services.
• It has approximately 60 JB Hi-Fi Home branded stores, including those in New Zealand and operates approximately 190 physical stores. Furthermore, it offers various solutions, such as corporate, government and education sales of products and services, and insurance replacements.
• The company has approximately 40 stores with small appliances.

VISION & VALUES OF JB HI-FI

• JB Hi-Fi has the best brands, huge range, cheapest prices, convenient locations, and genuine personal service from experienced specialist staff.
• The company is committed to ensure that it conducts business ethically and in accordance with the high standards of corporate governance. Environment sustainability is important to the company and it believes in its ability to create or preserve value for its shareholders.
• The company has collaborated with cyber-security firm Family Zone to offer cyber-safe hardware, solutions and training to schools across Australia.
• Its mission is to give students the opportunity to learn about the dangers of a technologically driven world in a safe, collaborative way.
• This includes cyber-safe hardware, monitoring tools for parents, and delivering cyber security solutions to schools. Shareholders who purchase company shares can rest assured of superior value.

MARKET PERFORMANCE OF JB HI-FI

• JB Hi-Fi Limited trades on Australian Securities Exchange (ASX) and lists under the stock symbol JBH. The company forms part of the ASX 100.
• The full year report for 2019 shows total sales of US Dollar 7 095.30m, up 3.5%, EBIT of US Dollar 372.8m, up 6.4%, and net profit after tax of US Dollar 249.8m, up 7.1%.
• Dividends per share is 142.0c, which is an increase of 7.6%.

Buy JB HI-FI stocks / shares – A Step by Step Guide how to Buy / Purchase JB HI-FI Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy JB HI-FI Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN JB HI-FI STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE JB HI-FI STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of JB HI-FI stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy JB HI-FI stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?