come on bro...look at their results...damn good ..isnt it.....but...minority shareholders see this kind of response...u give them dragon meat for dinner also no taste lahhhh.....lol
[ Review Of Performance 2015 ] For the quarter ended 31 December 2015, the Group recorded revenue and profit before tax of RM40.01 million and RM4.21 million respectively. These represent improvement of 98.88% inrevenue and 50.94 times in profit before tax as compared to the corresponding period ended 31 December 2014. For the financial year ended 31 December 2015, the Group recorded revenue and profit before tax of RM131.72 million and RM9.00 million respectively. These represent improvement of 83.38% in revenue and 6.18 times in profit before tax as compared to financial year ended 31 December 2014. The increase in revenue was mainly due to higher volume loadings from existing customers. Besides, the Group has also secured new customers during the financial year ended 31 December 2015 which contributed a total sales of RM 23.81 million or 18.07% of the Group total revenue.
[ Commentary On Prospects ] With the improvement of demand in automotive industry and the expansion of production capacity by the Group, the board remains optimistic of achieving satisfactory performance in financial year 2016.
I love these, kind of little bit conservative and walk the plans company ... althought JHM has not in most fund manager radars. This possibly has safed it from recent turnmoils.
Hi Ven Felix, i am holding good company with optimistic management also, you can check out my history comments, although this quarter report result slightly dropped, but they are looking good for coming quarter ;)
JinAurora, JHM performed the ever best results so far. They will keep in performing a steadily profit, even in weak Rm4.20 vs Usd$1. JHM will be doubled its profit; if, Rm note strengthening to Rm3.80 vs Usd$1.00 .
Hi Ven Felix, i am holding good company with optimistic management also, you can check out my history comments, although this quarter report result slightly dropped, but they are looking good for coming quarter ;)
[Contents from above New] GEORGE TOWN: Ace Market-listed electronic component manufacturer JHM Consolidation Bhd is investing RM25mil in an expansion project later this year to support an automotive lighting deal that will generate US$50mil per annum starting next year.
Group executive chairman and managing director Datuk Tan King Seng said after a shareholders’ meeting that JHM would supply signature lighting lamps for the rear end of branded cars of a North American customer.
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....
VenFx
14,784 posts
Posted by VenFx > 2016-02-29 14:10 | Report Abuse
Great results x 1054% :)
Hope Rm will strengthening furthur to Rm$4.00 vs Usd$1 .