1. U.S. Futures


JRSH: Jerash Holdings.

Discussion in 'Penny Stocks' started by donkeydoink, Nov 6, 2022.

  1. donkeydoink

    donkeydoink New Member

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    Jerash Holdings. (Named for a city in Jordan. Corporate HQ in NJ.)

    I'm seeing an estimated climb in profit in 2023 of +70%. How can this be? Maybe the fact that the Jordanian location is now fully owned, not rented or leased? And as time marches on, economic conditions have to eventually turn brighter? But CURRENT year earnings = DOWN -30%.

    From $4.05 today to a target share price of $9.67, there is a 139% jump.
    https://www.stockrover.com/research/insight/summary/Quotes/JRSH
    https://jerashholdings.com/

    The company makes clothing for brands we all recognize: North Face, Hilfiger. Adidas. etc.