This summary was created by AI, based on 3 opinions in the last 12 months.
Jardine Matheson (JMHLY-OTC) is a company that reports in U.S. dollars and has significant exposure to China and Indonesia. The stock is currently trading at a low forward earnings multiple and offers a high dividend yield. Despite challenges with Chinese political pressure, the underlying performance of the company has improved, with a strong asset base including mining. Analysts believe there is potential for the stock to see growth in the coming years, particularly if interest rates fall and the USD weakens, leading to a rise in Jardine's profit. The stock is considered a good opportunity for accumulation and has the potential to act as a bond proxy. The consensus of the experts is overall positive on the stock.
Are exposed only 25% to China; rather, Indonesia is their greatest exposure where they collet revenues in the Indonesia rupee, but must show profits in US dollars. In the past year, the rupee has fallen then come back, but this isn't reflected in their earnings yet. It will in the next report. If interest rates fall, then the USD will and Jardine's profit will rise. The dividend grows 6-10% yearly (and could rise higher with a weaker USD), paying 5.5% now. It's like a bond proxy. Lots of room to buy companies.
(Analysts’ price target is $54.61)It has been in Hong Kong for 150 years. The Chinese political pressure has had a negative effect but the underlying performance has improved. It has a number of assets including the Indonesian ones with strength in mining. Buy 3 Hold 2 Sell 0
The stock has been flat. A conglomerate across SE Asia. It's a big conglomerate which includes BMW/ Mercedes dealerships, financials, hotels, supermarkets, parts of Ikea and Starbucks franchises. They are also sitting on a ton of cash. Likes this company because they make smart acquisitions.
Jardine Matheson is a American stock, trading under the symbol JMHLY-OTC on the US OTC (JMHLY). It is usually referred to as OTC:JMHLY or JMHLY-OTC
In the last year, 1 stock analyst published opinions about JMHLY-OTC. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Jardine Matheson.
Jardine Matheson was recommended as a Top Pick by on . Read the latest stock experts ratings for Jardine Matheson.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Jardine Matheson In the last year. It is a trending stock that is worth watching.
On 2024-03-15, Jardine Matheson (JMHLY-OTC) stock closed at a price of $39.62.
It is cheap at 7X forward earnings and pays a dividend over 5%. It reports in U.S. dollars and has some China exposure. It has been down over the past year so it is a good time to accumulate. Buy it on the Singapore exchange if you can.