JHM gets query on recent share price hike
Page 1 of 1
JHM gets query on recent share price hike
JHM gets query on recent share price hike
[You must be registered and logged in to see this image.]
By Chester Tay / theedgemarkets.com | May 28, 2015 : 3:18 PM MYT
KUALA LUMPUR (May 28): [size=14]JHM Consolidation Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), an electronic components maker, received an unusual market activity (UMA) query from Bursa Malaysia today on the recent rise in its share price.
The company’s shares, which were trading at around 15 sen on May 6, has tripled to 46.5 sen today. The stock could be seen going on an upward trajectory from May 11 onwards, just a week or so before the release of the company’s earnings for the first three months of the year on May 22.
It recorded a net profit of RM1.79 million for its first quarter ended March 31, 2015 (1QFY15), a little over 15 times from the RM118,000 it saw a year ago, while revenue was up 51% to RM25.05 million, from RM16.6 million.
It had said then that the significant increase in its earnings was due to a significant increase in demand of Light-Emitting Diode (LED) application and customisation products during the quarter under review.
Meanwhile, according to Bursa’s UMA query today, JHM (fundamental: 0.35; valuation: 0.5) is required to check if there is any factor that caused the significant changes in its share price.
As at 2:46pm today, the counter was trading steady at 46.5 sen apiece, up 5 sen or 12.05%, with 12.5 million shares done, giving it a market capitalisation of RM56.58 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
[/size]
[You must be registered and logged in to see this image.]
By Chester Tay / theedgemarkets.com | May 28, 2015 : 3:18 PM MYT
KUALA LUMPUR (May 28): [size=14]JHM Consolidation Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), an electronic components maker, received an unusual market activity (UMA) query from Bursa Malaysia today on the recent rise in its share price.
The company’s shares, which were trading at around 15 sen on May 6, has tripled to 46.5 sen today. The stock could be seen going on an upward trajectory from May 11 onwards, just a week or so before the release of the company’s earnings for the first three months of the year on May 22.
It recorded a net profit of RM1.79 million for its first quarter ended March 31, 2015 (1QFY15), a little over 15 times from the RM118,000 it saw a year ago, while revenue was up 51% to RM25.05 million, from RM16.6 million.
It had said then that the significant increase in its earnings was due to a significant increase in demand of Light-Emitting Diode (LED) application and customisation products during the quarter under review.
Meanwhile, according to Bursa’s UMA query today, JHM (fundamental: 0.35; valuation: 0.5) is required to check if there is any factor that caused the significant changes in its share price.
As at 2:46pm today, the counter was trading steady at 46.5 sen apiece, up 5 sen or 12.05%, with 12.5 million shares done, giving it a market capitalisation of RM56.58 million.
(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» UMA EKA Noodles gets UMA query after recent share price rally
» UMA Borneo Aqua gets UMA query on recent share price surge
» UMA Lay Hong gets UMA query on share price hike
» UMA SHH Resources gets UMA query over share price hike
» UMA SAM Engineering gets UMA query about share price hike
» UMA Borneo Aqua gets UMA query on recent share price surge
» UMA Lay Hong gets UMA query on share price hike
» UMA SHH Resources gets UMA query over share price hike
» UMA SAM Engineering gets UMA query about share price hike
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum