In that blog, this sentence is incorrect: "The condition is it must achieve an annual net profit of RM20 million for at least 3 years."
This is the correct version, which JHM has already achieved: "To get listing in the Main Market, your company must provide a profit figure and uninterrupted profit after tax or PAT of 3 to 5 full financial years with an aggregate of a minimum of RM20 million and a minimum of RM6 million PAT in the latest full financial year." http://biz.advertising.com.my/listing-requirements-bursa-malaysia.htm
Catalysts for uptrend: 1. Q3 earning coming soon, making it the 11th quarter in the green. 2. Up-listing to main board coming soon in first half of 2018. 3. The main customer of MLS Automotive Inc is Magna International Inc. Google it and you will know how significant this agreement with MLS Automotive Inc is. 4. Aerospace production = more revenue 5. Acquisition of Mace = more revenue
From the news: “We recently secured a contract with a US customer to make precision tooling parts for aircraft. We are working on a deal to make driver boards for interior lighting of aircraft,” he said.
The group is also negotiating for a contract to produce general lighting applications for the European market, Khor said.
These are potential huge revenue generators for the future.
“MLS is our biggest customer. About 40% of the group’s revenue for 2017 would come from MLS. “Next year, we are projecting that the revenue contribution from MLS would exceed 50%,” he said after signing the collaborative agreement with MLS.
MLS is forecast to contribute around RM300mil to JHM in 2018. Let's say it will be 55% in 2018 from MLS alone. That's mean total possible revenue will be RM545 in 2018. It is one fold revenue compared to 2017. That's how 2018 is working by forecast. How further prospect? Don't forecast about new aerospace segment and many others.
I'm delighted to be a long term investor for JHM and shall continue to be...
clearsky bro... how big the d contribute from general lighting applications for the European market and general lighting applications for the European market?
“MLS is our biggest customer. About 40% of the group’s revenue for 2017 would come from MLS. “Next year, we are projecting that the revenue contribution from MLS would exceed 50%,” he said after signing the collaborative agreement with MLS.
MLS is forecast to contribute around RM300mil to JHM in 2018. Let's say it will be 55% in 2018 from MLS alone. That's mean total possible revenue will be RM545 in 2018. It is one fold revenue compared to 2017. That's how 2018 is working by forecast. How about further future prospect? Don't forget about new aerospace segment and many others.
i have been monitoring the buy and sell queue for today. definitely there is a strong buying interest in this stock. and today close at 3.05 after touching a trendline support at 3.02. i believe there are some syndicate trying to push down the price and collect below 3 (director's buying price recently). lets hope that the support is strong enough and continue its uptrend
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....
smart1
179 posts
Posted by smart1 > 2017-11-03 14:45 | Report Abuse
It is back to RM3 ....