Shares & Derivatives
(Realizing Losses) Full Divestment of Johnson Holdings 1955 Hkex
By Investing Thoughts  •  July 25, 2022
Perhaps taking realized losses is something that is difficult and sad to do, but having done my research and reviewing various factors which i will explain later on, i have decided to realized my losses which amount to around 17-20%. To recap, Johnson Holdings is a cleaning company in Hong Kong that derives majority of revenue from government related cleaning projects such as sweeping roads, putting poison for rodents and cleaning of facilities etc. In FY 20/21  77.7% of revenue is from Government Related Tenders At its latest financial year, it has generated 25.9 cents hkd of profit which translates to a PE of less than 4 as of the trading price of 0.98 as at 22 July Divestment Reason 1: Shaky 2nd half results Johnson Holdings generated 13.5 cents in 1H 2022 and 12.4 cents in 2H 2022. On surface it looks ok, However if i were to break up the results, the gross profit margins is actually lower in 2H 2022....
Read the full article
By Investing Thoughts
Age 25, currently doing part-time. Studied in NTU as a Banking and Finance student. Also known as zzxiaoboizz Enjoys doing equity research and investing. Currently vested in Hong Kong and Singapore listed Equities Would pen some of his thoughts here. Also enjoys watching concerts.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance