JHM jumps 135% on 1Q results

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KUALA LUMPUR (May 25): Top gainer JHM Consolidation Bhd jumped as much as 135% after the electronic component manufacture posted significantly stronger first quarter results from a year earlier.

Last Friday, JHM (fundamental: 1.15; valuation: 0.9) said it posted a net profit of RM1.79 million for the first quarter ended March 31, 2015 against RM118,000. Revenue increased to RM25.05 million from RM16.6 million.

Today, JHM, which was also the bourse's fifth most active stock, rose as much as 25 sen to 43.5 sen.

At 10.44am, the stock pared gains at 37 sen with some 15 million shares changing hands.

(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.)