All in all a pretty decent performance for 2019 and good sign of an expanding business with higher CAPEX investment.
As at 31 December 2019, the Group ended with healthy cash and bank balances of RM54.45 million as compared to RM53.96 million in prior year after payment of dividend of RM11.52 million in FY2019 as compared to RM8.36 million in prior year and capital expenditure (“CAPEX”) investment of RM24.74 million in FY2019 as compared to RM8.55 million incurred in prior year.
Considering how bad the automotive industry was hit this time, Q1 result is actually quite decent. Might be an opportunity for new investors to enter. Hoping that the worst is over and only good news after this :)
Agreed with Yuming, focus on bigger pic. Other than health care related stocks, most of the companies are in fact doing worst than JHM at the moment. Poh Kong has negative Q despite surging gold price since beginning of 2020.
@apolloang, mean investors focus on company future and good prospects. Report drop doesn't mean company not doing well, but might some project inccurred bigger expenses and cost.....Study more on this stock, dont ever trade with rumours.
Dont forget the report just drop but still much profit ya....... If the report lose money, then only can say bye bye... but actrually opposite..... report still profit....
everyday stock up, ppl blame it on kang tao.. never study the stock, never even open annual report before, never even see announcements before... haiz...
. market is unpredictable even with QR.. its mainly game by operators... we just decide to hike on the ship, up or down the operators control, just we need to be alert and jump ship beforehand
Despite disruption of manufacturing activities during MCO period which has impacted financial performance for the first half of the financial year ending 2020. However, the manufacturing activities returned to normal when MITI lifted the cap on the headcount utilisation at the end of April.
We remained optimistic for the period ahead as we have seen the demand in automotive and industrial segment has rebounded when US and Europe gradually reopens and production halts lifted.
For those who dont even know how to read the key points in the annual report even after cut/paste just for them, and say no fundamentals, good luck to them in their stock investment..
well done to everyone who made money...told everyone to keep buying when below RM1...yesterday's high was 1.43, if sold easily 40%. Still hv plenty of upside if u r patience... solid fundamentals/highest profit payout for the tech sector to the shareholders for the last 3 years/and from the report, the JHM management team is competent and continue to expand and look for more opportunities...
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
thanos2020
245 posts
Posted by thanos2020 > 2020-06-18 14:34 | Report Abuse
All in all a pretty decent performance for 2019 and good sign of an expanding business with higher CAPEX investment.
As at 31 December 2019, the Group ended with healthy cash and bank balances of RM54.45 million as compared to RM53.96 million in prior year after payment of dividend of RM11.52 million in FY2019 as compared to RM8.36 million in prior year and capital expenditure (“CAPEX”) investment of RM24.74 million in FY2019 as compared to RM8.55 million
incurred in prior year.