What Growth? This is what i have picked up from The Star Article.
New markets and also broaden customers base.
JHM plan to expand their automotive LED business into Europe and Japan soon.
JHM Consolidation Bhd plans for its new aerospace business segment to be a major contributor to the group’s revenue by the second half of 2017.
Aerospace business deals usually cover a 30-year.
Good prospect for coming 6 months.
On its automotive LED segment, the group still had orders with an estimated market value of over RM90mil to deliver for the second half of 2016, which is about 20% more than what was delivered in the same period a year ago.
Target more investors and fund managers.
JHM targeting to go to the Main Market by 2018.
I think no dividend.
What I'm going to do? Bought at RM0.70++, will hold due to the growth prospect. Will buy more? Not at this moment even if the price drop a bit.
Current PE ratio is 21 times saw from real time stock price system and also another delayed price system. Should be around there.
This PE ratio is not expensive because of the growth. The PE ratio is also not cheap. Wait for next quarterly result.
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