JHM’s customers are US based, and US automotive programs are still doing well. Layoffs at GM or Ford doesn’t affect the programs that are ongoing, and so, business is still booming. Expect a record quarter yet again. One thing that I hope to see going forward is a diversification of revenue contribution by different sectors/customers, instead of domination by one single major customer. Hopefully aerospace business will pick up its speed soon. Bright future ahead for JHM now that component shortage issue is slowly mitigated.
expect the company will resume its strong growth trajectory and achieve a new high in FY19, on maiden contributions from new segments such as life sciences and aerospace, expected by 2Q19 and coupled with new head and tail light projects, as well as the abating material shortage issue.
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smart1
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Posted by smart1 > 2019-02-13 21:57 | Report Abuse
From the stock price movement, expect another fantastic quarter result.