浅谈Kossan rubber industries bhd (Kossan)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

浅谈Powerwell holdings berhad (Pwrwell)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

[AMVERTON BHD：销售和利润的下降主要归因于开发活动的减少，因为由于当前疲软的市场环境，这集团未启动任何新项目]

YTD19 vs YTD18:
截至2019年9月30日止财政期间，集团的收入为6075万令吉，较去年同期的9785万令吉减少37.92％。集团在本财政期间的除税及非控股权益前盈利为580万令吉，较去年同期的3,242万令吉减少82.12％。

物业开发与投资，建筑及其他相关服务：
该部门在本财政期间的收入减少58.06％至2,355万令吉，上一年同期则为5,616万令吉。利润从上一年同期的2865万令吉减少88.57％至327万令吉。销售和利润的下降主要归因于开发活动的减少，因为由于当前疲软的市场环境，这集团未启动任何新项目。

制造和贸易：
该部门在本财政期间的收入减少6.66％，至2,354万令吉，而上一年同期为2,522万令吉。盈利从去年同期的91万令吉减少34.21％至60万令吉。收入和利润均较上年同期有所下降，主要是由于第三季度实现了较低的销售额。

酒店及休闲相关服务：
该部门在本期间的收入减少7.59％，至1,196万令吉，而去年同期为1,294万令吉。该部门在本财政期间录得59万令吉盈利，而去年同期则为99万令吉。本财政期间的销售和利润较低，主要是由于关闭了Puteri Garden和巴生的一家餐饮店。

种植：
在本财政期间，种植收入减少27.49％至289万令吉，而去年同期为399万令吉。该部门报告亏损48万令吉，而去年同期为利润10万令吉。当前财政期间FFB生产的减少和CPO价格的持续下降导致当前财政期间收入和利润的减少。

3Q19 vs 2Q19：
截至2019年9月30日的第三季度，这集团的收入减少至1,731万令吉，而上一季度则为2,064万令吉。这集团的除税前及非控股权益前盈利较低，为115万令吉，较上季的263万令吉减少56.26％。本季度的收入和税前利润较低，主要是由于房地产和制造部门的销售额减少。

前景：
这集团预期来年物业市场将继续保持疲软及充满挑战。
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.48 (dividend RM0.025) in 1 year 5 months 9 days, total return is 250.3%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.95 (dividend RM0.04) in 1 year 6 months 20 days, total return is 150.3%

c) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.41 in 1 year 1 day, total return is 145.2%

d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM3.02 (adjusted)(dividend RM0.01) in 7 months 19 days, total return is 81.4%

e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.775 in 4 months 27 days, total return is 70.3%

f) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.47 in 6 months 22 days, total return is 63.3%

g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.29 (dividends RM0.113) in 1 Year 3 months 14 days, total return is 51.1%

h) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.19 (dividend RM0.015) in 1 Year 1 month 5 days, total return is 50.6%

i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.34 (dividend RM0.018) in 1 Year 29 days, total return is 40.7%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.63 (dividend RM0.105) in 1 Year 2 months 3 days, total return is 36.6%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
----------------------
[AMVERTON BHD: Lower sales and profit were mainly attributed to lesser development activities as the Group did not launch any new projects due to the current soft market environment]

YTD19 vs YTD18:
The Group's revenue was RM60.75 million for the financial period ended 30 September 2019, a decrease of 37.92% as compared to RM97.85 million recorded in the previous year corresponding period. The Group's profit before taxation and non-controlling interest for the current financial period was RM5.80 million, a decrease of 82.12% as compared to RM32.42 million recorded in the previous year corresponding period.

Property development & investment, construction & other related services:
This Division registered a 58.06% decrease in revenue to RM23.55 million for the current financial period as compared to RM56.16 million recorded in the previous year corresponding period. Profit decreased by 88.57% to RM3.27 million for the current financial period as compared to RM28.65 million recorded in the previous year corresponding period. Lower sales and profit were mainly attributed to lesser development activities as the Group did not launch any new projects due to the current soft market environment.

Manufacturing and trading:
This Division recorded a 6.66% decrease in revenue to RM23.54 million for the current financial period as compared to RM25.22 million in the previous year corresponding period. Profit decreased by 34.21% to RM0.60 million as compared to RM0.91 million recorded in the previous year corresponding period. Record of lower revenue and profit as compared to the previous year corresponding period was mainly due to lower sales achieved in third quarter.

Hotel & leisure related services:
This Division recorded a 7.59% decrease in revenue to RM11.96 million for the current period as compared to RM12.94 million in the previous year corresponding period. The Division recorded RM0.59 million profit for the current financial period as compared to RM0.99 million profit in the previous year corresponding period. The lower sales and profit for current financial period was mainly due to closure of Puteri Garden and an F&B outlet in Klang.

Plantation:
The plantation revenue decreased by 27.49% to RM2.89 million for the current financial period as compared to RM3.99 million in the previous year corresponding period. The Division reported a loss of RM0.48 million as compared to a profit of RM0.10 million in the previous year corresponding period. The decrease in FFB production for current financial period and continuous drop in CPO prices has led to the decrease in revenue and profit respectively for the current financial period.

3Q19 vs 2Q19:
For the 3rd quarter ended 30 September 2019, the Group registered a decrease in revenue to RM17.31 million as compared to RM20.64 million achieved in the preceding quarter. The Group posted a lower profit before taxation and before non-controlling interest of RM1.15 million, a decrease of 56.26% as compared to RM2.63 million for the preceding quarter. The lower revenue and profit before taxation for the current quarter was mainly attributed to less sales generated from the property and manufacturing divisions.

Prospects:
The Group anticipates that the property market will continue to remain soft and challenging for the coming year.
--------------------------------------------------------------------------
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng

浅谈Supermax corp bhd (Supermx)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

[YONG TAI BHD：在政府推动的旨在加强本地旅游业的举措（例如，Visit Malaysia 2020运动）的推动下，集团还将受益于预计到访人数的增加；未开票销售总额为3.82亿令吉]

物业发展：
截至2019年9月30日止的本季，集团录得2,664万令吉的营业额和674万令吉的PBT，而去年同期的收入为2,467万令吉和PBT 343万令吉。房地产开发部门2020年第一季度的收入和PBT较2019年第一季度有所增加，主要是由于正在进行的开发项目（The Apple, Amber Cove, The Dawn和Impression U-Thant）的贡献。

物业投资：
截至2019年9月30日止的本季，集团录得285万令吉的Encore Melaka票务收入和671万令吉的LBT，而去年同期的收入为448万令吉和747万令吉的LBT。尽管2020年第一季度门票销售低迷，但随着集团对剧院运营成本进行合理化，房地产投资部门的LBT有所减少。

QoQ：
永大集团本季度的税前利润为3万令吉，而截至2019年6月30日的上一季度报告的税前亏损为7756万令吉。

前景：
进入2020财年，集团预计将通过开展各种促销活动来鼓励更多的游客，与旅行社和酒店经营者建立更有效的合作关系，从而使Encore Melaka的购买率和门票销售继续提高。在政府推动的旨在加强本地旅游业的举措（例如，Visit Malaysia 2020运动）的推动下，集团还将受益于预计到访人数的增加。

在房地产开发部门，永大集团将专注于减少存货。鉴于马来西亚目前房地产市场疲软，永大集团将审慎推出新项目，并将选择适合市场需求的合适房地产产品。集团也正在重新考虑Terra广场的发展计划，这将是印象城发展的下一阶段。

截至2019年9月30日的未开票销售总额为3.82亿令吉，这归因于其正在进行的发展项目，即The Apple，Amber Cove，The Dawn和Impression U-Thant，集团预计其财务业绩的状况将在截至2020年6月30日的一年改善。
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.40 (dividend RM0.025) in 1 year 5 months 8 days, total return is 239.2%

b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.48 in 1 year, total return is 157.4%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.90 (dividend RM0.04) in 1 year 6 months 19 days, total return is 144%

d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.94 (adjusted)(dividend RM0.01) in 7 months 18 days, total return is 76.6%

e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.755 in 4 months 26 days, total return is 65.9%

f) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.49 in 6 months 21 days, total return is 65.6%

g) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.19 (dividend RM0.015) in 1 Year 1 month 4 days, total return is 50.6%

h) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.28 (dividends RM0.113) in 1 Year 3 months 13 days, total return is 50.5%

i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.34 (dividend RM0.018) in 1 Year 28 days, total return is 40.7%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.64 (dividend RM0.105) in 1 Year 2 months 2 days, total return is 37.4%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
-----------------------
[YONG TAI BHD: The Group will also benefit from the expected increase in the number of tourist arrivals with the initiatives driven by the Government to strengthen the local tourism industry such as Visit Malaysia 2020 campaign; total unbilled sales of RM382 million]

Property Development:
The Group recorded revenue of RM26.64 million and PBT of RM6.74 million for the current quarter ended 30 September 2019 as compared to revenue of RM24.67 million and PBT of RM3.43 million in the preceding year quarter. The increase in revenue and PBT in 1Q 2020 as compared to 1Q 2019 from the property development segment was mainly due to the contribution from the on-going development projects, namely The Apple, Amber Cove, The Dawn and Impression U-Thant.

Property Investment:
The Group recorded RM2.85 million of Encore Melaka ticket revenue and LBT of RM6.71 million for the current quarter ended 30 September 2019 as compared to revenue of RM4.48 million and LBT of RM7.47 million in the preceding year quarter. Despite the low ticket sales in 1Q 2020, the LBT from the property investment segment has reduced following the cost rationalisation undertaken by the Group on the theatre operation costs.

QoQ:
The Group’s current quarter profit before tax is RM0.03 million as compared to RM77.56 million loss before tax reported in the preceding quarter ended 30 June 2019.

Prospects:
Moving into FY 2020, the Group is expecting to see continuing improvement in occupancy rate and higher ticket sales for Encore Melaka by implementing various promotional activities to encourage greater volume of visitors and more effective partnerships with tour agencies and hoteliers. The Group will also benefit from the expected increase in the number of tourist arrivals with the initiatives driven by the Government to strengthen the local tourism industry such as Visit Malaysia 2020 campaign.

On the property development division, the Group will focus on reducing its inventories. In view of the current weak property market conditions in Malaysia, the Group will be prudent in launching new projects and will select the right property offerings that will suit the market demand. The Group is also re-visiting the development plan of Terra Square, which will be the next phase of Impression City development.

With total unbilled sales of RM382 million as at 30 September 2019, which are attributed to its on-going development projects, namely The Apple, Amber Cove, The Dawn and Impression U-Thant, the Group expects its financial results to improve for the financial year ending 30 June 2020.
--------------------------------------------------------------------------
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng

浅谈DRB-Hicom bhd (DRBHcom)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

[TIONG NAM LOGISTICS HOLDINGS BHD：将加强其核心竞争力，并加强在客户开发和服务创新的企业战略努力，是他们在竞争激烈的经营环境中保持差异化的因素]

本季度的收入增加了2.2％，达到1.555亿令吉，而去年同期为1.521亿令吉。物流与仓储服务收入从前一年同期的1.378亿令吉减少0.9％至1.366亿令吉。

地产发展收入从去年同期的1380万令吉增长了8.7％至1500万令吉。该增加主要由于出售他们的开发物业。東南物流在本季录得260万令吉的税前盈利，而去年同期则为520万令吉的税前盈利。

QoQ：
本季度的收入增加了3.7％，达到1.555亿令吉，相比上一季度的1.5亿令吉。物流与仓储服务收入从前一季度的1.416亿令吉减少3.5％至1.366亿令吉。地产发展收入从前一季的620万令吉增加141.9％至1500万令吉。该集团的税前盈利为260万令吉，而上一季度则为390万令吉。

前景：
该集团认识到这行业的发展，保持集团的市场份额是至关重要的，因为可确保他们的长期可持续性。这集团将加强其核心竞争力，并加强在客户开发和服务创新的企业战略努力，是他们在竞争激烈的经营环境中保持差异化的因素。展望未来，集团将继续在运营效率和成本控制的有效性寻求新的商业机会，重点是与竞争对手有更好的抗衡。预计这集团将在2020财政年度实现营业利润。
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.41 (dividend RM0.025) in 1 year 5 months 5 days, total return is 240.6%

b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.44 in 11 months 28 days, total return is 150.4%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.85 (dividend RM0.04) in 1 year 6 months 16 days, total return is 137.7%

d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.91 (adjusted)(dividend RM0.01) in 7 months 15 days, total return is 74.9%

e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.76 in 4 months 23 days, total return is 67%

f) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.49 in 6 months 18 days, total return is 65.6%

g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.30 (dividends RM0.113) in 1 Year 3 months 10 days, total return is 51.8%

h) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.18 (dividend RM0.015) in 1 Year 1 month 1 day, total return is 49.4%

i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.33 (dividend RM0.018) in 1 Year 25 days, total return is 39.7%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.66 (dividend RM0.105) in 1 Year 1 month 30 days, total return is 39%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
------------------------------------------------------
[TIONG NAM LOGISTICS HOLDINGS BHD: The Group will strengthen their core competencies and step up efforts in corporate strategies of clientele development and service innovation as a differentiating factor in the competitive operating environment]

Revenue for the current quarter has increased by 2.2% to RM 155.5 million as compared to RM 152.1 million for the preceding year corresponding quarter. Logistics and Warehousing Services revenue has decreased by 0.9% to RM 136.6 million compared to RM 137.8 million for the preceding year corresponding quarter.

Property Development revenue has increased by 8.7% to RM 15.0 million compared to RM 13.8 million for the preceding year corresponding quarter. This increase is mainly due to sale of their development properties. The Group posted a pre-tax profit of RM 2.6 million for the current quarter as compared to the pre-tax profit of RM 5.2 million for the preceding year corresponding quarter.

QoQ:
Revenue for the current quarter has increased by 3.7% to RM 155.5 million as compared to RM 150.0 million for the preceding quarter. Logistics and Warehousing Services revenue has decreased by 3.5% to RM 136.6 million compared to RM 141.6 million for the preceding quarter. Property Development revenue has increased by 141.9% to RM 15.0 million compared to RM 6.2 million for the preceding quarter. The Group’s posted a pre-tax profit of RM 2.6 million compared to the pre-tax profit of RM 3.9 million for the preceding quarter.

Prospects:
The Group is cognizant of the industry development and understands that maintaining the Group’s market share is paramount to their long term sustainability. The Group will strengthen their core competencies and step up efforts in corporate strategies of clientele development and service innovation as a differentiating factor in the competitive operating environment. Going forward, the Group will continue seeking new business opportunities, focus on operational efficiency and cost control effectiveness to better contend with competition. The Group is expected to make an operating profit for the financial year 2020.
--------------------------------------------------------------------------
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng

浅谈Greatech technology berhad (Greatec)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

[SURIA CAPITAL HOLDINGS BHD：收入较低]

本季度：
集团在截至2019年9月30日的季度录得1490万令吉的税前利润，较截至2018年9月30日的相应季度的1890万令吉减少400万令吉（21％），主要因为这季的收入较低。

年初至今：
曙光资本在截至2019年9月30日止的year-to-date录得税前盈利5620万令吉，较截至2018年9月30日止的5890万令吉减少270万令吉（5％），主要是由于年初至今的收入较低。

港口业务：
迄今为止的税前利润从上一年的4870万令吉减少了310万令吉（6％）至本年度的4560万令吉。这主要是由于营业收入的下降，但又被其他费用的下降所抵消，这主要是由于上一年山打根港口的散装肥料输送设备的注销。

物流和加油服务：
在本季度，物流和加油服务部门为集团的收入贡献了不到1％（2018年9月30日：1％）。

合同及工程和渡轮码头运营：
在本季度，该部门贡献了集团收入的14％（2018年9月30日：2％）。年初至今，它贡献了集团收入的9％（2018年9月30日：4％）。在渡轮码头运营中，来自Jesselton Point运营的乘客费是收入的主要来源，占收入的57％（2018年9月30日：56％）。

QoQ:
曙光资本报告本季的税前盈利为1,490万令吉，而上一季度为2,090万令吉，减少600万令吉（29％），主要是由于这季度收入减少。

前景：
董事会认为，港口业务将保持表现，并将继续为曙光资本在本财政年度带来积极成果。除港口业务外，董事会对房地产开发项目（除非有任何不可预见的情况）都持乐观态度，因为预计这些项目将为曙光资本在本财政年度带来良好的前景和业绩。
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.41 (dividend RM0.025) in 1 year 5 months 5 days, total return is 240.6%

b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.44 in 11 months 28 days, total return is 150.4%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.85 (dividend RM0.04) in 1 year 6 months 16 days, total return is 137.7%

d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.91 (adjusted)(dividend RM0.01) in 7 months 15 days, total return is 74.9%

e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.76 in 4 months 23 days, total return is 67%

f) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.49 in 6 months 18 days, total return is 65.6%

g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.30 (dividends RM0.113) in 1 Year 3 months 10 days, total return is 51.8%

h) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.18 (dividend RM0.015) in 1 Year 1 month 1 day, total return is 49.4%

i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.33 (dividend RM0.018) in 1 Year 25 days, total return is 39.7%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.66 (dividend RM0.105) in 1 Year 1 month 30 days, total return is 39%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
-------------------------------------------
[SURIA CAPITAL HOLDINGS BHD: lower revenue]

This quarter:
The Group registered a pre-tax profit of RM14.9 million for the quarter ended 30 September 2019, lower by RM4.0 million (21%) from RM18.9 million for the corresponding quarter ended 30 September 2018, mainly due to lower revenue for the quarter under review.

YTD:
The Group registered a pre-tax profit of RM56.2 million for the year-to-date ended 30 September 2019, decreased by RM2.7 million (5%) from RM58.9 million for the prior year-todate ended 30 September 2018, mainly due to lower revenue for the year-to-date under
review.

Port operations:
Profit before tax has decreased by RM3.1 million (6%) to RM45.6 million for the current year to-date from RM48.7 million in prior year. This was mainly due to lower operating revenue but offset by lower other expenses which was mainly due to write off of bulk fertilizer conveyor facility at Sandakan Port in prior year.

Logistics and bunkering services:
For the current quarter, the logistics and bunkering services segment contributed <1% (30 September 2018: 1%) to the Group’s revenue.

Contract and engineering and ferry terminal operations:
For the current quarter, this segment contributed 14% of the Group’s revenue (30 September 2018: 2%). For the year-to-date, it contributed 9% of the Group’s revenue (30 September 2018: 4%). In the ferry terminal operations, the passenger fees from Jesselton Point operations is the main source of revenue, contributed 57% (30 September 2018: 56%).

QoQ:
The Group reported a pre-tax profit of RM14.9 million for the current quarter as compared to RM20.9 million for the immediate preceding quarter, representing a decrease of RM6.0 million (29%), mainly due to lower revenue registered for the current quarter under review.

Prospects:
The Board is of the view that the port operations will remain resilient and will continue to contribute positive results for the Group for the financial year. Apart from port operations, the Board is also optimistic, except for any unforeseen circumstances, about the property development projects as it is anticipated that the projects will provide favourable prospects and results to the Group for the financial year.
--------------------------------------------------------------------------
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng

浅谈SKP Resources bhd (SKPRes)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

[I-BERHAD：未开票销售额为1.129亿令吉，而2019年6月30日为1.235亿令吉]

3Q19 vs 3Q18:
在截至2019年9月30日的当前财政季度（“ 2019年第三季度”），I公司的收入和税前利润分别为4,220万令吉和1,170万令吉，而截至2018年9月30日的相应财政季度（“ Q3 2018”）的收入和税前盈利分别为6,070万令吉和1720万令吉。

物业发展：
当前季度的业绩受到未开票销售下降的影响，因为2018年没有新项目推出。

物业投资：
2019年第三季度收入的增长来自该部门额外完工物业的租赁。除税前亏损是由于该部门额外完成的物业产生的经营成本以及应占联营公司业绩的结果。

休闲：
休闲部门的收入一直保持可持续性，本季度的税前利润更高。

3Q19 vs 2Q19：
本季度I公司录得相若的收入和税前利润分别为4220万令吉和1170万令吉，而上一季度分别为4220万令吉和1490万令吉。 2019年第三季度的税前利润较低主要是由于应占一家联营公司的业绩。

前景：
由于市场和消费者情绪持续疲软，预计2019年4Q房地产市场特别是住宅和商业产业将保持疲软。截至2019年9月30日，集团的未开票销售额为1.129亿令吉，而2019年6月30日为1.235亿令吉。在上述情况下，董事会认为，尽管I公司持续进行策略性努力，但截至2019年12月31日止的财政年度会有挑战。
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.41 (dividend RM0.025) in 1 year 5 months 5 days, total return is 240.6%

b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.44 in 11 months 28 days, total return is 150.4%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.85 (dividend RM0.04) in 1 year 6 months 16 days, total return is 137.7%

d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.91 (adjusted)(dividend RM0.01) in 7 months 15 days, total return is 74.9%

e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.76 in 4 months 23 days, total return is 67%

f) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.49 in 6 months 18 days, total return is 65.6%

g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.30 (dividends RM0.113) in 1 Year 3 months 10 days, total return is 51.8%

h) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.18 (dividend RM0.015) in 1 Year 1 month 1 day, total return is 49.4%

i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.33 (dividend RM0.018) in 1 Year 25 days, total return is 39.7%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.66 (dividend RM0.105) in 1 Year 1 month 30 days, total return is 39%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
-----------------
[I-BERHAD: unbilled sales as at 30 September 2019 stood at RM112.9 million as compared to RM123.5 million as at 30 June 2019]

3Q19 vs 3Q18:
For the current financial quarter ended 30 September 2019 (“Q3 2019”), the Group posted lower revenue of RM42.2 million and profit before tax of RM11.7 million as compared to the revenue and profit before tax of RM60.7 million and RM17.2 million respectively for the corresponding financial quarter ended 30 September 2018 (“Q3 2018”).

Property development:
The performance for the current quarter had been impacted by lower unbilled sales as there was no new project launched in 2018.

Property investment:
The improvement in revenue for Q3 2019 arises from the lease of the additional completed properties in the segment. The loss before taxation was a result of the operating costs incurred for the additional completed properties in the segment as well as the share of results of an associate.

Leisure:
The leisure segment revenue has been sustainable with a higher profit before tax for the current quarter.

3Q19 vs 2Q19:
The Group registered comparable revenue but lower profit before tax of RM42.2 million and RM11.7 million respectively for the current quarter as compared to RM42.2 million and RM14.9 million respectively for the preceding quarter. The lower profit before tax in Q3 2019 was mainly due to the share of results of an associate.

Prospects:
The Property market particularly the residential and commercial sub-sectors, is expected to remain soft for the rest of 2019 due to the continued weak market and consumer sentiments. The Group’s unbilled sales as at 30 September 2019 stood at RM112.9 million as compared to RM123.5 million as at 30 June 2019. Under the foregoing circumstances, the Board is of view that the operating performance of the Group will remain challenging for the financial year ending 31 December 2019 despite the Group’s continuous strategic efforts.
--------------------------------------------------------------------------
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng

浅谈Maxis bhd (Maxis)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

[STRAITS INTER LOGISTICS BHD：Tumpuan Megah和Banle的持续增长，分别每年500万令吉和83万美元的税后保证，预计将进一步提高集团的收入和盈利能力]

随着集团不断建立包括燃油加油和石油产品贸易在内的可持续收入来源的战略，该集团在2019年第三季度的收入从2018年第三季度的6939万令吉增加了3倍多，增加了1亿5630万令吉至2亿2569万令吉。收入的大幅增长主要是由于合并了Tumpuan Megah Development Sdn Bhd（“ Tumpuan Megah”）的业绩。

集团在2019年第三季度的税前利润为291万令吉，而2018年第三季度的税前利润为128万令吉。2019年第三季度的税前利润与2018年第三季度相比增长了127.3％，是由于收入增长了225.3％，主要是由于大马海峡物流扩大了产品线，包括船用燃料油（“ MFO”）的扩展。

QoQ：
2019年第三季度，随着公司开始进行MFO加油和增加其加油业务，收入从上一季度的1.2522亿令吉增加了1.0047亿令吉或80.2％至2.2569亿令吉。石油和天然气行业的回暖继续为加油业务的需求做出积极贡献。本季度的PBT比上一季度减少31万令吉。

前景：
Tumpuan Megah和Banle的持续增长，分别每年500万令吉和83万美元的税后保证，预计将进一步提高集团的收入和盈利能力。该税后利润保证用于2019年12月31日和2020年12月31日的两个财政年度。随着集团业务基础设施和产品线的扩大，集团有望进一步利用好的中期前景。

此外，海峡通过其子公司Tumpuan Megah已于2019年6月26日与民都鲁港口有限公司（BPSB）签订了加油服务协议，合同期限为3年，从2019年8月1日开始。因此，通过在民都鲁港口范围内建立新的加油基地，使Tumpuan Megah能够扩大其在东马的加油业务。

于2019年10月1日，Tumpuan Megah与Lumut Maritime Terminal Sdn Bhd（「LMTSB」）订立了第二项加油服务协议，合约期为一（1）年，由2019年10月1日开始，并双方可选择续约不得超过一（1）年。通过与LMTSB签订此协议，Tumpuan Megah可以在Lumut建立加油业务基地，称为“ PIT-STOP BUNKER HUB @ LUMUT”，随后会将其加油业务和运营进一步扩展到马来西亚半岛西海岸。

为配合集团的业务战略进一步扩展其加油服务和MFO的供应，Straits Marine Fuels & Energy Sdn Bhd的全资子公司SMF Ixora Ltd于2019年9月12日签署了一份备忘录，以在当前财政年度获得第二艘船，即M.T. Poseidon（484万美元的购买价），与进一步扩大其加油服务和MFO的供应战略相一致。M.T. Poseidon现在是该集团船队中最大的单位，并自此更名为M.T. Ixora。

与马来西亚经济的稳步复苏和一些重大建筑项目的复苏相一致，建筑材料的需求和交付量的增加最终将导致对物流和运输服务的需求增加，该行业由海峡集团70.0％拥有的子公司海峡联盟运输有限公司（Straits Alliance Transport Sdn Bhd）运营。随着新船收购完成和新的业务活动，集团对2019年的展望仍然乐观。
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.39 (dividend RM0.025) in 1 year 5 months 4 days, total return is 237.8%

b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.39 in 11 months 27 days, total return is 141.7%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.85 (dividend RM0.04) in 1 year 6 months 15 days, total return is 137.7%

d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.91 (adjusted)(dividend RM0.01) in 7 months 14 days, total return is 74.9%

e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.765 in 4 months 22 days, total return is 68.1%

f) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.45 in 6 months 17 days, total return is 61.1%

g) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.20 (dividend RM0.015) in 1 Year 1 month, total return is 51.9%

h) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.29 (dividends RM0.113) in 1 Year 3 months 9 days, total return is 51.1%

i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.33 (dividend RM0.018) in 1 Year 24 days, total return is 39.7%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.65 (dividend RM0.105) in 1 Year 1 month 29 days, total return is 38.2%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
------------------------------------------
[STRAITS INTER LOGISTICS BHD: continued growth enjoyed by both Tumpuan Megah and Banle, which comes with a Profit After Tax Guarantee per annum of RM5.00 million and USD0.83 million respectively are expected to further enhance both the Group’s revenue and profitability]

As the Group’s strategy to continue building a sustainable revenue stream consisting of oil bunkering and trading in oil products takes place, it had more than tripled its revenue for the third quarter of 2019 by RM156.30 million to RM225.69 million, from RM69.39 million achieved in the third quarter of 2018. The substantial increase in revenue is mainly due to the consolidation of the results of Tumpuan Megah Development Sdn Bhd (“Tumpuan Megah”).

The Group recorded a profit before tax of RM2.91 million in the third quarter of 2019 as compared to RM1.28 million in third quarter of 2018. The 127.3% jump in profit before tax for the third quarter of 2019 as compared to the third quarter of 2018 was due to revenue improvement which increased by 225.3%, mainly contributed by the Group’s expansion of its product line to include the bunkering of Marine Fuel Oil (“MFO”).

QoQ:
For the third quarter of 2019, the revenue increased by RM100.47 million or 80.2% to RM225.69 million, from RM125.22 million achieved in the preceding quarter, as the Company commenced its MFO bunkering and increased its bunkering operation. The pick up in the oil and gas industry continued to contribute positively in demand for the bunkering business. PBT for the Group had recorded a decrease of RM0.31 million in the current quarter compared to the preceding quarter.

Prospects:
The continued growth enjoyed by both Tumpuan Megah and Banle, which comes with a Profit After Tax Guarantee per annum of RM5.00 million and USD0.83 million respectively are expected to further enhance both the Group’s revenue and profitability. This Profit After Tax Guarantee is for both financial year ending (“FYE”) 31 December 2019 and 31 December 2020. With this expanded Group business infrastructure and product line, the Group is further poised to exploit its positive mid-term prospects.

Furthermore, Straits has through its subsidiary, Tumpuan Megah, had on 26 June 2019 entered into a provision of bunkering services agreement with Bintulu Port Sdn Bhd (‘‘BPSB’’) for a contract period of three (3) years commencing from 1 August 2019. Hence, enabling Tumpuan Megah to enlarge its bunkering business in East Malaysia by establishing a new bunkering base within the port limits of Bintulu.

On 1 October 2019, Tumpuan Megah, had entered into a second provision of bunkering services agreement with Lumut Maritime Terminal Sdn Bhd (“LMTSB”) for a contract period of one (1) year commencing from 1 October 2019 with the option to renew for not more than one (1) year to be mutually agreed upon. By entering into this agreement with LMTSB, it enable Tumpuan Megah to establish a base in bunkering business in Lumut, known as “PIT-STOP BUNKER HUB @ LUMUT”, and subsequently further expanding its bunkering business and operation into the West Coast of Peninsular Malaysia.

In line with the Group’s business strategy to further expand its bunkering services and supply of MFO, it had on 12 September 2019, through SMF Ixora Ltd, a wholly-owned subsidiary of Straits Marine Fuels & Energy Sdn Bhd had entered a Memorandum of Agreement to acquire its second vessel in this current financial year, namely M.T. Poseidon for a purchase consideration of USD4.84 million which is in line with strategy to further expand its bunkering services and supply of MFO. M.T. Poseidon is now the largest unit in the Groups’ fleet of vessels and has since been renamed M.T. Ixora.

Consistent with the steady recovery of the Malaysia economy and revival of some major construction projects, the increase in demand and deliveries of construction materials will ultimately result in increase in the demand for logistics and transportation services, a sector in which Straits’ 70.0% owned subsidiary, Straits Alliance Transport Sdn Bhd operates in. With the completion of the new vessels acquisitions and new business activities, the Group’s outlook for 2019 continue to look positive.
--------------------------------------------------------------------------
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng

浅谈Notion vtec bhd (Notion)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

[MAH SING GROUP BHD：有望在本财政年度实现15亿令吉的销售目标；年内收购的另外两个新土地的项目，即M Luna（Kepong）和M Adora（Wangsa Melawati），计划于2020年第一季度启动]

在截至2019年9月30日的9个月期间，马星集团的税前盈利为2.119亿令吉，而收入为13亿令吉，而上一年同期税前盈利为2.635亿令吉，而收入则为17亿令吉。在季度基础上，该集团的税前盈利为6990万令吉，收入为4亿1550万令吉，而去年同期的税前利润为8130万令吉，而收入为5.043亿令吉。

物业发展：
截至2019年9月30日止期间，房地产发展收入为11亿令吉，而上年同期为14亿令吉，营业利润为1.893亿令吉，而上一年同期为2.448亿令吉。

塑料：
营业利润从一年前的1,560万令吉下降至本期间的1,350万令吉，这主要是由于去年同期计入了模具销售产生的某些收益。

投资控股及其他：
该部门的收入主要包括来自资金存入的利息收入，建筑材料贸易和Ramada Meridin酒店业务。

QoQ:
与上一个季度的6800万令吉相比，本季度的税前盈利6990万令吉没有大的波动。

前景：
马星集团有望在本财政年度实现15亿令吉的销售目标。 10月，集团在收购土地后的七个月内成功启动了M Oscar（Off Kuchai Lama），这是今年征地的第一个项目。随着M Centura在同一地点的第一个项目取得成功，集团最近还在Sentul开设了M Arisa的销售廊。年内收购的另外两个新土地的项目，即M Luna（Kepong）和M Adora（Wangsa Melawati），计划于2020年第一季度启动。

作为集团持续支持政府的“居者有其屋”运动的一部分，并在其成立25周年之际，该集团于2019年下半年同时开展了“ Lock and Win”和“ Refer N' Reward”促销活动。该集团还与Ringgit Plus合作推出了“ Madam Loan”，这是一款基于人工智能的聊天机器人，可帮助解决首次购房者的贷款资格查询问题，并会提供建议适合预算的MahSing在全国范围内的房地产项目。

马星集团的资产负债表继续保持健康，现金及银行结余约为10亿令吉。截至2019年9月30日，集团剩余的土地储备为2,064英亩，剩余的总发展价值和未开票的销售总额为255亿令吉，其中剩余的履约义务（未履行或部分未履行）为17.1亿令吉。
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.37 (dividend RM0.025) in 1 year 5 months 3 days, total return is 235%

b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.39 in 11 months 26 days, total return is 141.7%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.75 (dividend RM0.04) in 1 year 6 months 14 days, total return is 125.2%

d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.84 (adjusted)(dividend RM0.01) in 7 months 13 days, total return is 70.7%

e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.745 in 4 months 21 days, total return is 63.7%

f) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.46 in 6 months 16 days, total return is 62.2%

g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.33 (dividends RM0.113) in 1 Year 3 months 8 days, total return is 53.6%

h) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.21 (dividend RM0.015) in 1 Year 30 days, total return is 53.1%

i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.35 (dividend RM0.018) in 1 Year 23 days, total return is 41.8%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.66 (dividend RM0.105) in 1 Year 1 month 28 days, total return is 39%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
--------------------------------
[MAH SING GROUP BHD: on track to achieve the sales target of RM1.5 billion for the current financial year; the projects for the other two new prime lands acquired during the year, namely M Luna (Kepong) and M Adora (Wangsa Melawati), are targeted to be launched in Q1 2020]

For the nine-month period ended 30 September 2019, the Group posted profit before tax of RM211.9 million on the back of revenue of RM1.3 billion as compared to RM263.5 million profit before tax and RM1.7 billion revenue in the previous year corresponding period. On a quarterly basis, the Group recorded profit before tax of RM69.9 million and revenue of RM415.5 million as compared to RM81.3 million profit before tax and RM504.3 million revenue in the same quarter last year.

Property development:
For the period ended 30 September 2019, revenue from property development was RM1.1 billion compared to RM1.4 billion in the previous year corresponding period while operating profit was RM189.3 million as compared to RM244.8 million in the previous year corresponding period.

Plastics:
Operating profits declined from RM15.6 million a year ago to RM13.5 million in the current period mainly due to the inclusion of certain gains which arose from the sales of mould in the corresponding period last year.

Investment holding & Others:
Revenue for the segment comprise mainly interest income from the deposit of funds, trading of building materials and Ramada Meridin Hotel operations.

QoQ:
There was no major fluctuation in the Group's current quarter profit before tax of RM69.9 million as compared to the immediate preceding quarter of RM68 million.

Prospects:
The Group is on track to achieve the sales target of RM1.5 billion for the current financial year. In October, the Group successfully launched M Oscar (Off Kuchai Lama), the first project from this year's land acquisition trail, within seven months from the land acquistion. The Group also recently launched M Arisa's sales gallery in Sentul following the success of M Centura, its first project in the same location. The projects for the other two new prime lands acquired during the year, namely M Luna (Kepong) and M Adora (Wangsa Melawati), are targeted to be launched in Q1 2020.

As part of the Group's continuous support of the government's Home Ownership Campaign and in conjunction with its 25th anniversary, the Group concurrently launched sales campaigns "Lock and Win" and "Refer N' Reward" in the second half of 2019. In addition, the Group also teamed up with Ringgit Plus to launch ‘Madam Loan’, an artificial intelligence powered chatbot to help address loan eligibility queries among first-time home buyers and suggest properties from MahSing’s projects nationwide that would suit one’s budget.

The Group's balance sheet continues to remain healthy with cash and bank balances of approximately RM1 billion. At 30 September 2019, the Group has remaining landbank of 2,064 acres with remaining gross development value and unbilled sales totalling RM25.5 billion of which the remaining performance obligation (unsatisfied or partially unsatisfied) was RM 1.71 billion.
--------------------------------------------------------------------------
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng

浅谈Fraser & Neave holdings bhd (F&N)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

[FOCUS POINT HOLDINGS BHD：首9个月开设10个新店面（包括2个franchised outlets），并计划于2019年第四季开设2个新店面和1个新的Komugi licensed outlet]

YTD19 vs YTD18:
集团收入为1.386亿令吉，较去年同期的1.291亿令吉高出7％。集团收入增加主要是由于眼镜及相关产品以及食品和饮料业务的销售额增加。集团的税前利润（“ PBT”）较高为830万令吉，而同期为560万令吉。出色的业绩归因于三（3）个业务的运营业绩的总体改善。因此，集团也录得520万令吉的税后盈利，比同期的260万令吉大幅提高。

眼镜及相关产品部门：
眼镜及相关产品部门的营业额为1亿2210万令吉，较上年同期的1亿1540万令吉，增长6％。新店铺的收入贡献为410万令吉，占零售总收入的4％。在现有店面上，收入比去年同期增长了3％。税前盈利（“ PBT”）为750万令吉，较去年同期的620万令吉高出20％。 PBT的增加归因于更高的收入和rebate income。

特许经营部门：
该部门的税前利润为100万令吉，比去年同期的90万令吉高出11％。

食品和饮料领域：
此部门的收入为1,320万令吉，较去年同期的1,030万令吉增加28％，主要是由于2018年第4季度开始的公司销售贡献增加。由于销售增加和营业支出减少，毛利润率增加。税前利润为10万令吉，比同期的税前亏损160万令吉高出106％。

3Q19 vs 3Q18:
集团的营业额为4,690万令吉，较上一季度的4,610万令吉增加2％，这主要是由于食品和饮料业务取得了更高的营业额。至于集团的税前利润为240万令吉，比去年同期的340万令吉减少29％，主要是由于采用MFRS 16导致眼镜及相关产品业务的经营业绩下降（租赁的影响），但被食品及饮料业务营运业绩改善所抵销。

3Q19 vs 2Q19：
集团的营业额为4,690万令吉，较上一季度的4,590万令吉增加2％，这是由于眼镜及相关产品以及食品和饮料业务的销售额增加。因此，该集团的税前盈利为240万令吉，较上一个季度的270万令吉降低8％。

前景：
他们将继续增强他们的眼镜业务的战术品牌以及广告和促销活动，以实现可持续增长。他们一直努力在战略位置开设新的店面，同时关闭不良的店面。推出新的概念商店来竞争也能保持必要的竞争力。焦点眼睛于首9个月开设10个新店面（包括2个franchised outlets），并计划于2019年第四季开设2个新店面。

在食品和饮料业务方面，将重点放在加强其运营和节约成本以进一步改善其业绩。焦点眼睛还将积极扩展Komugi licensing业务到国外及其企业销售业务。焦点眼睛于首9个月于海外开设1个新的Komugi店铺及4个新的licensed outlets，并预期于2019年第四季开设1个新的licensed outlet。焦点眼睛相信其可于2019年取得令人满意的表现。
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.35 (dividend RM0.025) in 1 year 5 months 2 days, total return is 232.2%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.77 (dividend RM0.04) in 1 year 6 months 13 days, total return is 127.7%

c) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.27 in 11 months 25 days, total return is 120.9%

d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.87 (adjusted)(dividend RM0.01) in 7 months 12 days, total return is 72.5%

e) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.50 in 6 months 15 days, total return is 66.7%

f) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.74 in 4 months 20 days, total return is 62.6%

g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.30 (dividends RM0.113) in 1 Year 3 months 7 days, total return is 51.8%

h) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.19 (dividend RM0.015) in 1 Year 29 days, total return is 50.6%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.66 (dividend RM0.105) in 1 Year 1 month 27 days, total return is 39%

j) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.28 (dividend RM0.018) in 1 Year 22 days, total return is 34.5%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
-----------------------------------------
[FOCUS POINT HOLDINGS BHD: The Group opened 10 new outlets (included 2 franchised outlets) in the first 9 months and targets to open 2 new outlets and 1 new Komugi licensed outlet in the fourth quarter of 2019]

YTD19 vs YTD18:
Group revenue at RM138.6 million was 7% higher compared with RM129.1 million of the corresponding period. The increase in Group revenue was mainly attributed to higher sales attained by the optical and related products as well as food and beverage businesses. The Group recorded higher profit before tax (“PBT”) at RM8.3 million compared with RM5.6 million of the corresponding period. The outstanding performance was attributed to the overall improvement in operating results of the three (3) businesses. Consequently, the Group also recorded profit after tax of RM5.2 million, substantially higher compared with RM2.6 million of the corresponding period.

Optical and related products segment:
Optical and related products segment recorded higher revenue at RM122.1 million compared with RM115.4 million of the corresponding period, representing an increase of 6%. Revenue contribution from the new outlets amounted to RM4.1 million, representing 4% of total retail outlet revenue. On existing outlets, revenue was 3% higher as compared with the corresponding period. Profit before tax (“PBT”) at RM7.5 million was 20% higher compared with RM6.2 million of the corresponding period. The increase in PBT was attributed to attainment of higher revenue and rebate income.

Franchise management segment:
The segment recorded profit before tax at RM1.0 million, 11% higher compared with RM0.9 million of the corresponding period.

Food and beverage segment:
This segment recorded revenue at RM13.2 million, 28% higher compared with RM10.3 million of the corresponding period mainly due to higher contribution from corporate sales which commenced in quarter 4, 2018. Owing to higher sales and lower operating expenses, higher gross profit margin attained. Profit before tax at RM0.1 million was 106% higher compared with loss before tax of RM1.6 million of the corresponding period.

3Q19 vs 3Q18:
Group revenue at RM46.9 million was 2% higher compared with RM46.1 million of the corresponding quarter, attributed to higher revenue attained mainly by food and beverage business. For Group profit before tax, it was recorded at RM2.4 million, 29% lower compared with RM3.4 million of the corresponding quarter, attributed mainly to the lower operating result of optical and related products business as a result of the adoption of MFRS 16, Leases in 2019 and offset by improved performance in operating results of food and beverage business.

3Q19 vs 2Q19:
Group revenue at RM46.9 million was 2% higher compared with RM45.9 million of the immediate preceding quarter due to higher sales attained by the optical and related products as well as food and beverage businesses. Consequently, the Group registered profit before tax at RM2.4 million, 8% lower compared with RM2.7 million of the immediate preceding quarter.

Prospects:
They will continue to enhance their optical business’s tactical branding, and advertising & promotional activities for sustainable growth. It is their on-going effort to open new outlets at strategic locations and at the same time consolidating non-performing outlets. Launching of new store concepts to compete is also a necessity to stay relevant. The Group opened 10 new outlets (included 2 franchised outlets) in the first 9 months and targets to open 2 new outlets in the fourth quarter of 2019.

In respect of the food & beverage business, much emphasis would be placed on strengthening its operation and cost saving to further improve its performance. The Group is also active in expanding Komugi licensing business abroad and its corporate sales business. The Group opened 1 new own Komugi outlet and 4 new licensed outlets in overseas in the first 9 months and expecting to open 1 new licensed outlet in the fourth quarter of 2019. The Group believes it can deliver a satisfactory performance for 2019.
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I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng

浅谈JCY International bhd (JCY)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

 

[MMC CORP BHD：KVMRT-SSP Line的工作进度更高；Malakoff的贡献更大，这是由于其燃煤电厂的贡献有所提高，barging和demurrage费用降低，融资成本降低以及收购子公司的公允价值收益所致]

3Q19 vs 3Q18:
截至2019年9月30日的季度，马矿业录得收入12.458亿令吉，较截至2018年9月30日的同期的9.441亿令吉增长32.0％，这是由于KVMRT-SSP Line的工作进度增加，但被Langat污水处理项目的进度降低所抵消。

集团的税前利润增至1.202亿令吉，而截至2018年9月30日同期的税前利润为8880万令吉，是因为：

i. KVMRT-SSP Line的工作进度更高；
ii。 Malakoff的贡献更大，这是由于其燃煤电厂的贡献有所提高，barging和demurrage费用降低，融资成本降低以及收购子公司的公允价值收益所致；
iii。出售集团持有的资产并降低整个集团的管理成本；和
iv。 Pelabuhan Tanjung Pelepas（“ PTP”）的漏油补偿。

YTD19 vs YTD18：
截至2019年9月30日的财政期间，马矿业录得36.192亿令吉的收入，较截至2018年9月30日的相应财政期间的34.246亿令吉增长5.7％，这是由于KVMRT-SSP Line的工作进度增加，合并PPSB的收入和PTP处理的更高数量。

这财政期间，马矿业的税前利润增至3.406亿令吉，而截至2018年9月30日的上一季度财政期间的税前利润为1.931亿令吉，这主要是由于港口实体和KVMRT-SSP Line的贡献增加，出售资产的收益和降低行政成本。

港口与物流：
该部门录得收入23.637亿令吉，比截至2018年9月30日的同期财务报告的21.832亿令吉增长8.3％，这主要是由于PPSB的收入完全合并以及PTP和柔佛港（“ JPB”）的处理量增加。

由于PTP和JPB的处理量增加，PTP漏油的赔偿金，以及来自Red Sea Gateway Terminal的更高贡献，该部门的zakat和税前利润增加了2870万令吉，至3.147亿令吉，而截至2018年9月30日的相应财政期间则为2.860亿令吉。

能源与公用事业：
该部门的zakat前税前利润增加至1.067亿令吉，而截至2018年9月30日的相应财政期间则为9340万令吉，这是由于马拉科夫的贡献增加，这归因于其燃煤电厂的贡献增加，barging和demurrage费减少，较低的财务成本和收购子公司的公允价值收益。

工程：
该部门录得收入11.787亿令吉，较截至2018年9月30日的相应财政期间所报告的11.746亿令吉增加0.3％，主要由于KVMRT-SSP Line的工作进度增加，但被Langat Sewerage的项目进度减少所抵消。由于KVMRT-SSP Line的工作进度增加，该部门的zakat税前利润增长了11.1％，从截至2018年9月30日财务同期的1.728亿令吉增至1.92亿令吉。

投资控股，企业及其他：
由于士乃机场的客运量增加，该部门录得收入7,640万令吉，较截至2018年9月30日的相应财政期间报告的6,680万令吉增长14.4％。该部门的zakat税前亏损减少了8630万令吉，至2亿7280万令吉，相比截至2018年9月30日止财政年度的3亿5910万令吉，主要是由于出售资产的收益，产生的财务费用较低，行政费用较低。

3Q19 vs 2Q19：
由于PTP处理的量减少以及PPSB的运营费用增加，马矿业本季度的税前利润较低为1.202亿令吉，而上一季度为1.319亿令吉，但被马拉科夫（Malakoff）的较高贡献，和收购子公司的公允价值收益所抵消。

前景：
持续投资港口的基础设施，能力以及执行运营计划有望带来积极的成果。 MMC推动的运营和成本协同效应将进一步改善其港口和物流部门的绩效。

能源与公用事业部门有望从集团的关联公司Malakoff和Gas Malaysia取得积极的贡献。现有的大量订单为KVMRT-SSP Line定位的工程部门提供了利润可视性。此外，工程部门的收益贡献将通过正在进行的项目来维持。总体而言，马矿业希望在探索新机遇的同时，专注于运营绩效和效率，以增强他们的能力。基于上述，马矿业预期2019年的财务表现会令人满意。
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.41 (dividend RM0.025) in 1 year 5 months 1 day, total return is 240.6%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.75 (dividend RM0.04) in 1 year 6 months 12 days, total return is 125.2%

c) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.28 in 11 months 24 days, total return is 122.6%

d) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.56 in 6 months 14 days, total return is 73.3%

e) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.87 (adjusted)(dividend RM0.01) in 7 months 11 days, total return is 72.5%

f) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.75 in 4 months 19 days, total return is 64.8%

g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.32 (dividends RM0.113) in 1 Year 3 months 6 days, total return is 53%

h) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.16 (dividend RM0.015) in 1 Year 28 days, total return is 46.9%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.65 (dividend RM0.105) in 1 Year 1 month 26 days, total return is 38.2%

j) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.018) in 1 Year 21 days, total return is 35.5%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过jamesngshare@gmail.com 或我的FB页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

Facebook Group: https://www.facebook.com/groups/jamesinvesting

这个是我的TELEGRAM Group链接，大家可以在这个Group获知何时做Fb live: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw

请大家来Follow James的Instagram，获取最新的资讯：jamesnginvest

这个分享纯属讨论以及领域的分析，买或卖自负。请Like和Share这个post。最终决定永远是你的，谢谢。

James Ng
----------------------
[MMC CORP BHD: Higher work progress from KVMRT-SSP Line; higher contribution from Malakoff due to improved contribution from its coal plants, lower barging and demurrage cost, lower finance cost and fair value gain on acquisition of a subsidiary]

3Q19 vs 3Q18:
For the quarter ended 30 September 2019, the Group recorded RM1,245.8 million in revenue, a 32.0% increase from RM944.1 million reported in the corresponding quarter ended 30 September 2018, due to higher work progress from KVMRT-SSP Line, offset with lower progress from Langat Sewerage project.

The Group’s Profit before zakat and taxation increased to RM120.2 million compared with RM88.8 million reported in the corresponding quarter ended 30 September 2018, mainly due to the following:

i. Higher work progress from KVMRT-SSP Line;
ii. Higher contribution from Malakoff due to improved contribution from its coal plants, lower barging and demurrage cost, lower finance cost and fair value gain on acquisition of a subsidiary;
iii. Gain on disposal of an asset held for sale and lower administrative cost across the Group; and
iv. Oil spill compensation at Pelabuhan Tanjung Pelepas (“PTP”).

YTD19 vs YTD18:
For the financial period ended 30 September 2019, the Group recorded RM3,619.2 million in revenue, a 5.7% increase from RM3,424.6 million reported in the corresponding financial period ended 30 September 2018 due to higher work progress from KVMRT-SSP Line, consolidation of PPSB’s revenue and higher volume handled at PTP.

The Group’s Profit before zakat and taxation increased to RM340.6 million compared with RM193.1 million reported in the corresponding financial period ended 30 September 2018, mainly due to higher contributions from port entities and KVMRT-SSP Line, gain on disposal of assets held for sale and lower administrative costs.

Ports & Logistics:
The segment recorded revenue of RM2,363.7 million, an increase of 8.3% compared with RM2,183.2 million reported in the corresponding financial period ended 30 September 2018, mainly due to the effect of full consolidation of PPSB’s revenue and higher volume handled at PTP and Johor Port (“JPB”).

The segment recorded higher Profit before zakat and taxation by RM28.7 million to RM314.7 million compared with RM286.0 million reported in the corresponding financial period ended 30 September 2018 due to higher volume handled at PTP and JPB, oil spill compensation at PTP as well as higher contribution from Red Sea Gateway Terminal.

Energy & Utilities:
The segment recorded increase in Profit before zakat and taxation to RM106.7 million compared with RM93.4 million reported in the corresponding financial period ended 30 September 2018 due to higher contribution from Malakoff attributed by improved contribution from its coal plants, lower barging and demurrage cost, lower finance cost and fair value gain on acquisition of a subsidiary.

Engineering:
The segment recorded revenue of RM1,178.7 million, an increase of 0.3% compared with RM1,174.6 million reported in the corresponding financial period ended 30 September 2018 mainly due to higher work progress from KVMRT-SSP Line, offset with lower progress from Langat Sewerage project. The segment recorded increase of 11.1% in Profit before zakat and taxation to RM192.0 million from RM172.8 million reported in the corresponding financial period ended 30 September 2018 due to higher work progress from KVMRT-SSP Line.

Investment Holding, Corporate & Others:
The segment recorded revenue of RM76.4 million, an increase of 14.4% compared with RM66.8 million reported in the corresponding financial period ended 30 September 2018 due to higher passenger volume at Senai Airport. The segment recorded lower Loss before zakat and taxation by RM86.3 million to RM272.8 million compared with RM359.1 million reported in the corresponding financial period ended 30 September 2018 year mainly due to gain on disposal of an asset held for sale, lower finance costs incurred and lower administrative cost.

3Q19 vs 2Q19:
The Group recorded lower Profit before zakat and taxation of RM120.2 million in the current quarter compared with RM131.9 million in the immediate preceding quarter due to lower volume handled at PTP and higher operating expenses at PPSB, offset with higher contribution from Malakoff due to fair value gain on acquisition of a subsidiary.

Prospects:
Continuous investments into the ports’ infrastructure, capacities and capabilities along with execution of operational plans are expected to deliver positive results. Operational and cost synergies driven by MMC would further improve the performance of its Ports & Logistics division.

The Energy & Utilities division is expected to contribute positively from the Group’s associated companies, namely Malakoff and Gas Malaysia. Substantial existing order-book provides earnings visibility for the Engineering division anchored by the KVMRT-SSP Line. Furthermore, the earnings contribution from the Engineering division will be sustained by on-going projects. Overall, the Group expects to strengthen their capabilities with a focus on operating performance and efficiency, whilst exploring new opportunities. Based on the foregoing, the Group expects the financial performance for 2019 to be satisfactory.
--------------------------------------------------------------------------
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page.

This sharing is purely a discussion and analysis of the sector, buying or selling at your own risk. Please Like and Share this post. Final decision is always yours, thank you.

James Ng

浅谈Vortex Consolidated berhad (VC)
-----------------------------
James Ng Stock Pick Performance:
Since Recommended Return: