The source just said JHM is working with the same US customer on EV/AV charging stations to be deployed globally. People links charging station to E-car by Tesla.
The rise in Tesla's market value was in large part due to its top selling Model 3. The number of Tesla vehicles delivered worldwide has soared since the release of the Model 3 in Q3 2017, and the carmaker added its new Model Y to the product lineup in 2020. Tesla delivered 80,050 Model 3 and Model Y units in the second quarter of 2020.
Tesla est annual car sales is ard 350k - 400K units. And each tesla need tis charging station which takes ard 1-12hrs to charge dependant on the model and battery capacity. So if tis is true abt the EV/AV stations fr tesla. Plenty of opportunities fr JHM...
I have hold since RM1. I don't plan to sell too. I know there will be series of good news coming out soon. JHM is the next tech company to watch in Malaysia.
JHM is ramping up automotive LED orders by 4x of normal capacity on customers’ request, backed by strong rebound in car sales. Furthermore, the group has also secured several new customers including one which is the biggest auto LED player worldwide with ~30% market share. In the industrial division, we also expect doubling of revenue from a US customer (specialising in signal test and measurement equipment) for FY20, thanks to aggressive 5G rollout = V shape type of profit,, sharp recovery in next Q result onward.
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....
VEEvee
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Posted by VEEvee > 2020-08-28 10:22 | Report Abuse
Kambing is coming to TP3. 0