JUMBO INTERACTIVE (JIN) Shares

ABOUT JUMBO INTERACTIVE

Jumbo Interactive Ltd. is an Australian corporation and re-seller of lottery games under agreement with Government Licensed Lottery Operator Tatts Group. The company operates ozlotteries.com, which is one of Australia’s largest e-commerce websites retailing Australian lotteries, such as Saturday Lotto, Oz Lotto and Powerball.

Mike Veverka started Jumbo Interactive Ltd. in 1995 as a software developer and an Internet Service Provider in Queensland. It provided e-commerce services to merchants around the world wishing to sell products via the Internet.

When the Interactive Gabling Act passed in 2001, the focus shifted towards Internet lotteries. To join this the company moved to national lottery games when it bought TMS Global Services in 2005. TMS was operating a lottery network since 1984 in agreement with Tattersalls.

In 2007, Jumbo bought Manaccom, which is a software publisher and the focus shifted to the Internet and to the development of Oz Lotteries website.

To this day, it serves in excess of 1.5 million clients.

In 2015, the company added charity lottery games to its products. It has direct contracts with some of the main Australian charity lotteries. The inclusion of these offers high growth potential for Jumbo Interactive Ltd. The company is a member of Asia Pacific Lottery Association, World Lottery Association and North American Association of State and Provincial Lotteries.

In 2017, its alliance with the Tatts Group strengthened, when the Tatts Group invested US Dollar 15.6 million in Jumbo, acquiring a 15% stake.

OVERVIEW OF JUMBO INTERACTIVE

• Jumbo Interactive Ltd. is involved in the retail of lottery tickets through the Internet and mobile devices sold in Australia and other overseas jurisdictions.
• The company operates in two division, namely Internet Lotteries and All other divisions. The first consists of the retail of lottery tickets sold in Australia and international areas, and Internet database management/marketing.
• The Internet division has a further two segments: Internet Lotteries Australia and Internet Lotteries Germany. All other divisions include operating segments of non-lottery business activities.
• The Australian Charity Lottery business involves the sale of a number of charity-based lotteries to customers in Australia. This includes over four charities and the games integrates into the OzLotteries.com Website and application.
• The Company offers German lottery sales online on desktop, tablet and mobile devices.

VISION & VALUES OF JUMBO INTERACTIVE

• Jumbo Interactive Ltd. vision is developing and operating the world’s best digital lotto experience. The board and executive management has the skills and ability to deliver this vision.
• The company view new technology as an opportunity to innovate, push technological boundaries and create unique solutions.
• It plays an important role in the Australian lottery industry helping to raise money for government social initiatives such as education and health, and growing the market by offering customers an additional purchase source.
• Shareholders who purchase company shares can rest assured of superior value.

MARKET PERFORMANCE OF JUMBO INTERACTIVE

• Jumbo Interactive Ltd. trades on Australian Securities Exchange (ASX) and lists under the stock symbol JIN. The company forms part of the ASX 100.
• In summary, the performance of the company at the end of 2019 reports a Total Transaction Value increase of 75% to US Dollar 321 million and NPAT increase of 125% to US Dollar 26.4 million.
• The year-end share price increase to US Dollar 20.15 from US Dollar 5.00 in 2018.

Buy JUMBO INTERACTIVE stocks / shares – A Step by Step Guide how to Buy / Purchase JUMBO INTERACTIVE 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 JUMBO INTERACTIVE 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 JUMBO INTERACTIVE 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 JUMBO INTERACTIVE 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 JUMBO INTERACTIVE 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 JUMBO INTERACTIVE 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?