JMH see 2H underlying profits for the second half of year to be broadly in line with the second half of 2022
$JMH USD (J36.SG)$ in 2022 2H, jmh did around $837m profit. if it is really broadly in line, and add to 2023 1H of $823m, 2023 will be $1660m vs $1584m, which will be 4.7% higher than last year? so it still doesnt make sense why it is trading at 2020 low?
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Deep Sea : Market sentiment is bad. That’s why funds are selling off the STI stocks including JMH.
Deep Sea : Will need to hold for one year in order to make profit. In the meantime, can earn the dividend and wait out. The price is already low and undervalued.