<div class=newsTextDataWrapInner><p><strong>JHM Consolidation Bhd (-ve)</strong><br />
JHM (Fundamental: 0.35/3, Valuation: 0.5/3) was first picked by our momentum algorithm on May 25 at 35 sen. The stock fell slightly to 34 sen the next day, before rebounding to a new high of 41 sen yesterday, up 20.6%. It was among the most actively traded gainers yesterday, with 16 million shares changing hands.</p></div>

<div class=newsTextDataWrapInner><p>Last Friday, the company released markedly stronger 1Q2015 results.&nbsp; It returned to the black with a net profit of RM1.8 million, a reversal from a net loss of RM1.1 million in 2014. Revenue increased 50.9% y-o-y to RM25 million in 1Q2015 on higher demand for LED application and customisation products.</p></div>

<div class=newsTextDataWrapInner><p>However, net gearing jumped to 40% at end-March 2015, from 10% in 2014. No dividend was paid since 2009.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Based in Penang, JHM manufactures and assembles High Brightness Light Emitting Diode (‘HB LED’), Direct Current (‘DC’) components, fine pitch connector pins and other electronic components and products.</p></div>

<div class=newsTextDataWrapInner><p><img alt="JHM_fd_28may15" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/JHM_fd_28may15.png" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on April 27, 2015.</p></div>


JHM Consolidation Bhd (-ve)
JHM (Fundamental: 0.35/3, Valuation: 0.5/3) was first picked by our momentum algorithm on May 25 at 35 sen. The stock fell slightly to 34 sen the next day, before rebounding to a new high of 41 sen yesterday, up 20.6%. It was among the most acti...

Stock With Momentum: JHM Consolidation

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