Look at the video, Chief Investment Officer at Philip Capital recommended BUY CALL on tech exporter stocks like JHM on Bloomberg. If you happen to look at the annual report 2015, you'll realize that Top 8 shareholder is actually Philip Capital fund. And this is the only fund, more funds will start realizing its value. Very attractive at this price now.
IBanker as according to your TP only apply when the market is in good conditions or bull run . Even blue chips with sound fundermental will not be spared and forced down without choices if the world's financial markets is looming .
Based on thestar.com report above, I estimated the profit for this year to be in the region of $14m to $15m ie the profit would be double that of 2015. Therefore their plan to increase their bottomline to above $20m by 2018 is very realistic. As long as their sales continue to increase at the current rate that $20m is likely to achieve by next financial year (2017). meaning accumulate this share on weakness
My forecast above is assuming that the margin is maintain and that $180m of revenue is from LED as disclosed by their CEO and the other 20% from the other precision business.
The report mentioned that $90m of LED were delivered in the first half year and 80% of the revenue were from LED. It means that Q2 revenue would be in the region of $60-$65m compared to Q1 and if margin is maintain then EPS for Q2 would be above 3 cents ps. Therefore I would expect the share price to have a good run this year.
Bro Ex CFO, i bought on 24/6, it was not a really good entry, i buy based on the long lower shadow of the candle chart. I took the gamble and lucky that i make the right move. In fact, i wanted to sell this few days after reading that the director had disposed off some of his holding, just being lucky it goes up again
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....
IBanker
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Posted by IBanker > 2016-06-23 23:58 | Report Abuse
https://www.youtube.com/watch?v=V8m9bsFIQTo