Well done n pe still attractive base on the grow momentum n biz expansion. As Long as below rm 3, still got room to sprint. Once crossed rm 3 then slow jog to rm 3.5 before end May result announcement
Export oriented stocks are expected to outperform the market this year due to depreciation of ringgit. The profitability of JHM will increase with depreciation of ringgit due to a rate hike in the US in this month.
As long as JHM can show sustainable results, JingHengmonyet is still very good to keep given their pioneering technology and uniquely priducts portfolio .
In the same time, Penta is reviving their effort in smart building solution and Robotic technology. Which I believe these are long term catalyst for future industry need.
because JHM involves in aerospace business, penta is just in a normal automated industry. People always have assumption that making aeroplane is a big business, but in fact this is true la, haha.
Some short term buyers iare unloading these two days. I could see the support there this morning. I would keep accumulate on weakness. My conservative forecast based on PE 15 value this share at $3.60. 9 months ago I value this share at $2.20. The last three Q results have all exceeded my forecast. I expect the same to happen this time.
I got into JHM cos of our good friend sifu Venfx's recommendation. Being an ex CFO of listed company, I decided to investigate JHM and do my own forecast. This is an amazing company that is growing at quite a fast pace. It certainly have a story to tell. before long JHM will be on the Main Board. Thanks to sifu Venfx. I am very grateful his recommendation.
as it keep ourperforming my forecast. Now I am accumulationg Johotin. It is another counter that has been out performing my own forecast. With the release of NZ milk powder in 2017 I expect it to outperform 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....
gohcheehoh
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Posted by gohcheehoh > 2017-03-02 21:31 | Report Abuse
Well done n pe still attractive base on the grow momentum n biz expansion. As Long as below rm 3, still got room to sprint. Once crossed rm 3 then slow jog to rm 3.5 before end May result announcement