Tan believes that the aerospace LED lighting segment will overtake it in three to five years. The auto LED lighting unit now contributes 80% of the group’s revenue.
It is not the retailer push up the price, the price is manipulated by operator. Look at last Thursday and Friday, only operator could played the price like roller coaster.
Since the Bulls will only see all the positive signs in all the reports whereas the Bears will only focus on the negatives, both would not be able to agree else they both end up as Stags! Let's just agree to disagree and each take they own positions. Don't need to try to convince others to join you whether as Bulls or Bears. Just let the market decide, the ones who really put their money where their mouths are! No point arguing till the cows come home!
GEORGE TOWN: JHM Consolidation Bhd, whose net profit nearly tripled in 2016, sees its diversification into the aerospace sector bearing fruit, with its new aerospace light-emitting diode (LED) lighting business segment expected to help the group sustain its double-digit revenue growth for the second year in a row for the financial year ending Dec 31, 2017 (FY17).
JHM Consolidation Berhad is a Malaysia-based investment holding company. The Company's segments include Electronic products and Investment holding. The Company's Electronic products segment is engaged in the manufacturing and assembling of components related to high brightness light emitting diode (HB LED), direct current (DC) micromotor components, pitch connector pins, and other electronic components and products. Its Investment holding segment is engaged in investment holding activities. The Company's subsidiaries include Morrissey Technology Sdn. Bhd., which is engaged in the design and manufacture of precision miniature engineering metal parts and components; Jingheng Electronic Precision Technology Sdn. Bhd., which is engaged in the original design manufacturing of semiconductor LED components, and Morrissey Assembly Solution Sdn. Bhd., which is engaged in the manufacture and assembly of electronic components using surface-mount technology, among others.» Full Overview of JHMC.KL
growing: btw the bonus proposed previously confirmed @ date? =================================================================== There will be an EGM first to approve the bonus issues proposal. After that, only the ex-date will be announced.
I think it is not a dreamers' counter. When PAPERPLANE forecasted KESM could reach RM11, no one believed him because at that time it was only RM5. Today KESM is RM12.
【2017】 # Aero LED (start production toward end of the year) # Auto LED new contract value (unknown) from N.A. for trucks & buses. Start by H2FY17. # Japan market - motorbikes (very big in term of revenue). Start by H2FY17. # New venture into general lighting @ +5% rev in Q1FY17. Will become +10% rev in FY2017. # New venture into street lighting for US customer (getting qualification) # New venture into ceiling lights for Europe customer (well-know home products retailer) # New venture into Agricultural lighting for Europe customer. # Revenue growth in 2017 is at least 20% (from both trucks and buses + motorbikes projects alone)
【2018】 # Aero LED stabilise # Kick off Aero Mech # Europe Auto LED
【2019】 # Aero Mech (command higher rev in future + very good profit margin)
With above progress update highlighted by management, the coming result is supposed to be very positive. Do you still think RM4 is expensive? I can already sense the market cap of RM1bil is not far away. Even hit RM1bil market capital, I expect the "let me huat journey" for the company still can continue very huat.
Naturally, people are tend to be greedy (ask for cheaper) and get worry (profit run away). They are putting the focus purely on share price instead of future business prospect. Anyone can intro any company that can provide such impressive growth prospect, high visibility and high certainty story?
If you able to find a company with 20-30% growth, you supposed to be very happy. But, JHM's growth can be 10x greater.
I don't worry about the short term, but taking well on the future growth progress. If got cheap sales, I find money to buy more for extra gain. If goes up higher, I'm enjoying more profit.
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....
jc5360
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Posted by jc5360 > 2017-04-17 11:45 | Report Abuse
Tan believes that the aerospace LED lighting segment will overtake it in three to five years. The auto LED lighting unit now contributes 80% of the group’s revenue.