Previous high is 0.565, with another good QR, and if the market good sentiment can continue for short term, JHM might be able to hit 0.6, just my prediction.
We have screened on JHM CONSOLIDATION BHD on 15 Oct that it has a potential up side the next trading day.
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VLVL jealous of u. I bought too early, a day after boll break, dint expect gonna touch the line back. Still holding some, its friday, nid some moneh belanja family lobster weekend haha
JHM is one of company who has benefited from the depreciation RM. It would move up higher after announcing good QR at the end of the month. This is another turnaround story of the company.
Assuming JHM able to turnaround due to higher revenue from HB-LED product and better cost control, I just make a simple estimation by annualizing last two quarter EPS to projectile forward annual PE which is 2*(1.45+1.19) = 5.28 sen. Taking PE = 10, share price = 0.53 Taking PE = 12, share price = 0.63 Taking PE = 15, share price = 0.79 Looks like current price is still very cheap..
actually you can notice on other shares, some of them with good result and also falling down due to market is not good right now. The good fundamental will reflect the price on someday :)
Buyer is on fear or caution, resulting on no buying. Holder is also on fear, so resulting in in selling while at profit or while losses is still low. Market direction is very uncertain,more downside than upside.
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....
tkp2
3,027 posts
Posted by tkp2 > 2015-09-03 16:24 | Report Abuse
about time to fly, watch out !!