Bursa Alert
Global Market
NewsStock With Momentum: Jerasia Capital
Page 1 of 1
Stock With Momentum: Jerasia Capital
by Cals Wed 03 Jun 2015, 01:51
Stock With Momentum: Jerasia Capital
JERASIA CAPITAL BHD ([You must be registered and logged in to see this image.] Financial Dashboard) (-ve)
Jerasia (Fundamental: 0.35/3, Valuation: 1.7/3) saw a sharp surge in investor interest last Friday, gaining 15.6% to 52 sen. This comes after the company announced strong FYMarch2015 results on Thursday. Yesterday, it closed at 55.5 sen.
Jerasia is mainly involved in contract manufacturing of fashion apparels for exports and retail for fashion garments and accessories. Retail brands include MNG Mango and Nike.
The company’s revenue and profit grew from FY2010 to FY2013. However revenue declined marginally to RM320.9 million in FY2014 while net profit fell 53.1% to RM3.3 million due to its dissociation with Calvin Klein Jeans and an increase in expenses from new shop openings, refurbishments and the launch of a new brand.
For FY2015, net profit tripled on a 4.5% increase in revenue, thanks to accelerated spending before the implementation of the Goods and Services Tax (GST) in April and unrealised forex gains.
[You must be registered and logged in to see this image.]
This article first appeared in The Edge Financial Daily, on June 2, 2015.
JERASIA CAPITAL BHD ([You must be registered and logged in to see this image.] Financial Dashboard) (-ve)
Jerasia (Fundamental: 0.35/3, Valuation: 1.7/3) saw a sharp surge in investor interest last Friday, gaining 15.6% to 52 sen. This comes after the company announced strong FYMarch2015 results on Thursday. Yesterday, it closed at 55.5 sen.
Jerasia is mainly involved in contract manufacturing of fashion apparels for exports and retail for fashion garments and accessories. Retail brands include MNG Mango and Nike.
The company’s revenue and profit grew from FY2010 to FY2013. However revenue declined marginally to RM320.9 million in FY2014 while net profit fell 53.1% to RM3.3 million due to its dissociation with Calvin Klein Jeans and an increase in expenses from new shop openings, refurbishments and the launch of a new brand.
For FY2015, net profit tripled on a 4.5% increase in revenue, thanks to accelerated spending before the implementation of the Goods and Services Tax (GST) in April and unrealised forex gains.
[You must be registered and logged in to see this image.]
This article first appeared in The Edge Financial Daily, on June 2, 2015.
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» Stock With Momentum: Jerasia Capital
» Stocks With Momentum Asia Poly, Kim Hin, Taliworks, Jerasia Capital, NCB Holdings, Xian Leng
» Stocks With Momentum Cocoaland, Kawan Food, Paramount, Harbour-Link, ECM Libra, Hup Seng, Heitech Padu, HCK Capital, Golden Land, Jerasia, KESM, Asia
» Stock With Momentum: LPI Capital
» Stock With Momentum: SWS Capital
» Stocks With Momentum Asia Poly, Kim Hin, Taliworks, Jerasia Capital, NCB Holdings, Xian Leng
» Stocks With Momentum Cocoaland, Kawan Food, Paramount, Harbour-Link, ECM Libra, Hup Seng, Heitech Padu, HCK Capital, Golden Land, Jerasia, KESM, Asia
» Stock With Momentum: LPI Capital
» Stock With Momentum: SWS Capital
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|