Hope Nasdaq will miraculously rebound last 30 minutes from 3.30 am to 4.00 am tomorrow morning. JHM after ex-date has high probability to rise because the bonus scripts have not credited into shareholders CDS account yet. It will be credited into the shareholders CDS account on 19 June 2017 (next Monday).
The best-performing counter for companies with a market cap of at least RM500 million on Bursa Malaysia, JHM’s share price has surged 460% in the last year.
The group, which manufactures micro-electronics and LED components, is currently trading at a trailing PER of 23.3 times. In the last five years, its trailing PER averaged at about 16 times.
An analyst says while JHM’s earnings continue to point towards an upward trend, the magnitude of growth does not match the growth seen in its share price.
Why do you want to sell JHM when automobile stocks like GM and Ford have been consolidating greatly last Friday and today? Nonsense! Sell only IT stocks with a high P/E for pofit taking.
U.S. factory output fell unexpectedly in May on a broad decline in production, including the manufacturing of cars, casting a shadow over the economy's rebound from sluggishness at the start of the year. http://www.reuters.com/article/us-usa-economy-output-idUSKBN1961P0
basically, you have gained nth from getting bonus share. In general, bonus issue is like dividend, however instead of giving cash, the company decided to put it as reserve and giving investor additional share without requesting extra money from investor. Shareholder's equity of the company has increased, number of issued share also increased. price will adjust accordingly. advantage- share become more affordable, more liquidity. The reserved money will be used to expansion of the company.
makesomemoneyonly sifu, the advantages of "share become more affordable, more liquidity" is less relevant for low price stocks in Bursa, cos trading lot is 100units. for JHM before bonus, 540+- can trade already. But, company will be more reliable in the eyes of the lender as more capital is "locked up" in the company, giving the company more credibility hence borrowing power.
Ermm, yeah apollo, think not high nor low.... but seems profit increasing every quarter recently...who know someday might bcome MPI...dream first, kikiki...
4. Hotayi Electronics (M) Sdn Bhd, a Taiwanese-owned electronic manufacturing services (EMS) company, is re-investing RM1 billion to expand its vertical integration (V.I.) segment http://www.klsescreener.com/v2/news/view/245771
Pls feel free to have a little checking on this Rooster EGgs . Corporate exercise has gain approval from EGM . Expecting Fund raising to be completed by Enf of Julai 2017 .
Financial year 2015 [ 20% / $64mil No reference for Yoy growth ]
Financial year 2016 [ 35% / $128mil & Yoy growth by 200% ]
Financial year 2017 (Q4 is est.) [ 50% / $250mil & Yoy growth by 195% ]
Financial year 2018 ( i. $300mil Box built contract has secured for for 2018 & 19 so far, as announce in their Jun'17 p.r. ; ii. EGgs has started searching for their 3rd new strategic production plant )
[ 85% / $425mil & Yoy growth by 170% ]
Financial year 2019 [ 100% / $500mil & Yoy growth by 118% ]
*** Remarks *** Segment Net margin.................................................... i . Pcba : apprx. 1.9% ii. Box Built : apprx. 5.1%
By End2017 financial, EGgs probably will has follow segment profit.... i . Pcba : apprx. $14.39mil (53%) ii. Box Built : apprx. $12.80mil (47%)
[ $15MIL FROM THE RAISING FUND, EG TO ROBOTISE IT'S EXISTING FACILITIES & FURTHUR CURBING THE CURVE AT FASTEST SPEED, BIG LIKE ! ]
EG: Machinery upgrades to bring new sales of RM100m per year. EG Industries, which has secured shareholders' nod for its renounceable rights issue to raise up to RM63.9m for business expansion, says its planned upgrades of its machinery and equipment should generate additional sales of about RM100m a year. EG Industries said the approval was obtained at the group's EGM. The renounceable rights issue, which will be undertaken on the basis of one rights share for four existing EG Industries shares, is at an indicative issue price of 95 sen. (The Edge)
Posted by Ryls > Jun 18, 2017 10:14 PM | Report Abuse
People might not understand what is box built ...
ME: BEFORE ONE CAN UNDERSTOOD BOX BUILT, HE MIGHT NEED TO WHICH SECTOR FOR BOX BUILT ARE TO BE FITTED; SO, BY READING THE BELOW GIVEN LINK ,I THINK IT MAY HELP IN PAINTING AN OVERALL PICTURE.
Thats ok la rough prediction for my benchmark, coz im newbie only just 3 months register cds account, need to experience/calculate something...huhu, ya seems 2 condition before quarter report and after bonus make stocks going south,ermmm...
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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....
LordOfEquities
44 posts
Posted by LordOfEquities > 2017-06-12 13:34 | Report Abuse
the TP is for bonus ex date, I think. hahaha