I think its justifiable, a mirror move to GDB's ascension. Except this company has a more legit reason for the hike. As a microelectronics parts supplier, this is a technology theme play with a company that has consistently squeeze > 10% PAT for the past 5 years.
Typical chinaman co that is well managed. Headroom is alot more to go considering it is way below its usual range. One of the remainder stocks that is still "undervalued"
Can check my call previously on Adventa, LKL, Notion etc haha.. Better not miss this boat newbies
Fund managers already saw tis counter undervalued weeks back...mentioned in my comments earlier, they hv been slowly accumulating...now buying lot, stock and barrel...retailers baru sedar.... E&E lifted already 100%, China econ recovery data is good, US stimulus plan is kicking off... all good news...
Technically we are near the flag convergence point, you will miss the boat once it goes past the flag mark at RM1.01. If I have to say.. someone is strongly accumulating at the current level, when enough passengers is on the boat, you will only regret for not taking the ticket on Polar Express.
thanos good point, this is TECH co. I think the buying momentum did not build as strong as the likes of Notion, Penta, Dufu etc because it is a more specialized co. But nevertheless, E&E/ semicon co will almost always lead the economy out of a recession (financial/economic).
Investing in this company is still a better play than construction/O&G because you should see the fruits bearing much ahead.Healthcare is already going at its peak until the next financial Q results is released and the O&G sector is impeded by the lack of demand.
Big picture wise, with MCO lifted.. don't see any other impeding factors for JHM to REVERSE TO MEAN.
I don't think its a coincidence that the volume surpassed notion + notion warrant combined (The hottest stock yesterday). We are only seeing the tip of the iceberg now.
Just to highlight, the company previously has significant exposure to the automotive industry however it has since diversified to industrial (28% to 34%) in FY2019.
More importantly its transactional currency is equally split between Ringgit and US (44% each as of 2018) which gives them the benefit of being a forex counter similar to furniture counters (albeit at a lower exposure)
One thing that most people forget is microelectronic component will only increase exponentially within automotive You can see the amount of safety navigation (i.e. pre-collision braking, advanced safety assist) features that are seen even at base units of Motor Vehicle. Although a rational person might think that the TIV this year will be somewhat hampered by the decrease in demand due to Covid, heck which industry is not affected right?
However you gotta really think about the exponential incremental microelectronic components that goes into a car now vs say 2-3 years ago and ask yourself that it will provide a hedge against actual motor vehicle demand.
The price disparity now still give a good headroom for investor to buy and hold.
Bro like I mention, tech play (microelectronic), USD exposure (forex gains for cash flow), diversification of revenue to industrial and more importantly exponential microelectronic parts in automotive.
This is an IR4.0 play... It is a joke for the company's share price to maintain at current level really when you have healthcare goreng speculating ahead of order book. This company has a tested and proven 5 year financial to show
At RM0.995 this is testing flag breakout, we are poised to take the Polar express ticket soon. By then the volume of trade will only continue to increase, my TP RM1.15!!
1. Pick a hot stock that shot up in price today with big volume
2. Do a Facebook Live session with that stock as title to attract attention.
3. Talk about Covid-19 statistics for 20 minutes, while waiting for more people to join the live session.
4. When you're happy with the number of audiences watching, start to talk about Bursa statistics.
5. Introduce the company, what they do, what products they make. Talk about how much the share price has gained today.
6. Introduce your stock pick service. Mention some successful calls, examples: Notion, JAKS, Frontkn, Mi. Emphasize the great returns achieved (capital gains & dividends received) in one year. like 80% to 120% .. say that if for other companies, it will take 4-5 years to achieve the same results.
7. Only mention your winners as examples, maybe 4 or 5 stocks out of total 50 recommendations. For those stocks that went to Holland and never came back, just keep quiet lah
8. Say to audience that if they enjoy the video, please share to friends. Invite audience to join your stock pick service, and state that they must hold the stocks for 1-2 years to see results. If still stuck in Holland, just hold 3-4 years lor ...
Powerful? Only half day push up. Next Monday will be 'no eye see'. I don't see next week will be good counter to buy in. Hope.not drop to 0.80 only... Is consider good if can maintain at 0.90
Unless there is person goreng next week or company has positive announcement lor.. if not sure will drop like hellllllll cos DJI dropped 622 last night... My personal opinion this counter will drop on Monday la...
Malaysia reopening economy but you are investing in Jhm with reference to DJI (threatening of trade war and Elon Musk calling Tesla overpriced). Can't see what's the logic. If it's like this mgt don't have to perform well, just open a company and let DT dictate the share price movement.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kleverman
69 posts
Posted by kleverman > 2020-04-30 10:30 | Report Abuse
Fantastic company with strong 5 year historical financial results. With the upcoming lift of the MCO, should be a MINIMUM rebound to RM1.15.
Transfer to main board is a testimony of the company's strength, similar to GDB but engine haven't fully rev up. VROOMM