<div class=newsTextDataWrapInner><p><strong>JHM Consolidation Bhd (-ve)</strong></p></div>

<div class=newsTextDataWrapInner><p>JHM (Fundamental: 0.35/3, Valuation: 0/3) was issued an unusual market activity (UMA) query by Bursa Malaysia yesterday. The stock jumped a cumulative 37.1% over the last three days to close at an all-time high of 48 sen yesterday, on heavy volume.</p></div>

<div class=newsTextDataWrapInner><p>In response to the UMA, the company replied that it is not aware of any corporate development that may have caused the rally in its share price. This was the second UMA query for JHM this year.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The company returned to the black in 1Q2015 with a net profit of RM1.8 million, a reversal from a net loss of RM1.1 million in 2014. However, net gearing jumped to 40% at end-March 2015, from 10% in 2014. No dividend was paid since 2009.</p></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-Consolidation-Bhd_fd_160715_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/JHM-Consolidation-Bhd_fd_160715_theedgemarkets.png" style="height:658px; width:500px" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in<em> The Edge Financial Daily</em>, on July 16, 2015.</p></div>


JHM Consolidation Bhd (-ve)

JHM (Fundamental: 0.35/3, Valuation: 0/3) was issued an unusual market activity (UMA) query by Bursa Malaysia yesterday. The stock jumped a cumulative 37.1% over the last three days to close at an all-time high of 48 sen yesterday, on heavy v...

Stock With Momentum: JHM Consolidation

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