JEP Holdings Ltd.

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6 years 4 months ago - 6 years 4 months ago #24282 by Big Fish
Replied by Big Fish on topic JEP Holdings Ltd.
Andy Luong has built UMS up strongly into a $600 million company.
I am confident he will steer JEP to new heights from being a $110 m company now.

I am almost certain he will privatise JEP now that UMS has 29.5% stake in JEP. It will hopefully be at more than 10 cents....Thanks Joseph for highlighting this stock.
Last edit: 6 years 4 months ago by Big Fish.
The following user(s) said Thank You: Value Investor

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6 years 4 months ago #24287 by josephyeo
Replied by josephyeo on topic JEP Holdings Ltd.
You are most welcome Big Fish
The following user(s) said Thank You: Value Investor

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6 years 4 months ago #24302 by Big Fish
Replied by Big Fish on topic JEP Holdings Ltd.
Joseph's first post in this thread was in April 2017 when the share price was 2.8 cents (as stated in his post). Today, it is at 8.6 cents! A whopping 207% gain in 1 year!

People, this business has high barriers to entry. I think that's why UMS is going after it.


I read about its specialised business in :
JEP HOLDINGS: Flying higher on orders from aerospace and oil & gas clients
www.nextinsight.net/story-archive-mainme...nd-oil-a-gas-clients

No question, at 29.5% stake now, UMS will privatise JEP in due course. Hopefully at above 15 cents.

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5 years 2 months ago #24762 by Val
Replied by Val on topic JEP Holdings Ltd.
Privatisation offer at 15 cents! But market trading above that (15.2 cents), which implies some investor is blocking the offer as it is seen as being a lowball offer.

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5 years 1 month ago - 5 years 1 month ago #24767 by Val
Replied by Val on topic JEP Holdings Ltd.
UMS, the controlling shareholder, has bought out Ellipsiz' 10%. So UMS holding went up from 27.96% to 38.78%. That's why it had to make a takeover offer for the rest of the shares. I don't think UMS necessarily wants to take JEP private yet.

UMS has finally turned JEP around : It recorded a net profit after tax of S$2.2
million, up by 166% from $0.8 million in FY2017. Profitability improved due to the higher gross margin generated from the Precision Manufacturing segment. For the financial year ended 31 December 2018, the group reported overall gross margin of 15%, up by 3% a year ago.

I think JEP can continue to do better under UMS, so it's a good idea to hold on to the shares instead of selling to UMS at 15 cents.
Last edit: 5 years 1 month ago by Val.

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5 years 1 month ago #24795 by bluesky3000
Replied by bluesky3000 on topic JEP Holdings Ltd.
Agree to holding on the share, great analysis there

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