Saturday 30 July 2016

JHM Consolidation (5) - Earnings At All Time High

Author: Icon8888   |   Publish date: Mon, 30 May 2016, 09:08 PM 


1. Strong Results, Very Satisfactory

JHM released its March 2016 results today. Please refer to table below :-


I am very pleased with this latest quarter result. Revenue has been growing for 5 consecutive quarters. The group's restructuring effort is clearly paying off.

Net profit came in at RM2.8 mil. However, this includes net forex loss of RM1.3 mil. Without exceptional items, core net profit would be RM3.7 mil, translating into EPS of 3 sen.

Based on latest price of 72 sen and annualised EPS of 12 sen, the stock is currently trading at prospective PER of 6 times.


2. Future Plans

Please refer to the following article dated 27 May 2016 for further details :-


No comments:

Post a Comment