尽管存在短期挑战，但董事会仍然对威铖的长期前景持积极态度，基本面稳固，与现有客户的关系稳固，强大的执行能力，最近增加的新关键客户以及潜在的未来合约获胜。 ----------------------------- 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 RM1.35 (dividend RM0.015) in 10 months 14 days, total return is 90.9%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.37 in 6 months 10 days, total return is 71.3%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.29 (dividend RM0.04) in 11 months 25 days, total return is 67.3%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 12 days, total return is 41.9%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.76 in 5 months 6 day, total return is 32.2%
f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 6 months 3 days, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.51 (dividend RM0.035) in 7 months 8 days, total return is 21.7%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.66 (dividends RM0.03) in 8 months 27 days, total return is 18.2%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 5 months 27 days, total return is 16.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.16 in 5 months 6 days, total return is 11.5%
k) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.69 in 3 months 2 days, total return is 9%
l) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.10 (dividends RM0.084) in 10 months 28 days, total return is 5.7%
James Ng ------------------------ [V.S INDUSTRY BHD: Performance has been and continues to be impinged by rising cost and competition with export sales to the US affected by the trade war while local customers in China are holding back orders due to economic uncertainties]
For this quarter, profit before tax increased 28.4% or RM8.4 million to RM38.2 million over the same period. For the nine months period ended 30 April 2019, the Group recorded a revenue of RM2,948.0 million, a decrease of RM125.8 million as compared to the corresponding period of the preceding year of RM3,073.8 million. Profit before tax stood at RM133.0 million, dropped by 8.8% or RM12.9 million over the same period.
The improved earnings for the current quarter was mainly attributable to commendable performance from operations in Malaysia which partially offset the negative contributions from the operations in China. On cumulative quarters basis, the overseas operations, particularly China, had incurred losses that further affected the Group earnings.
Malaysia: For the current quarter and cumulative quarters, Malaysia segment recorded 6.9% and 7.3% increase in revenue respectively due to higher sales orders from key customers. Meanwhile, profit before tax was up 58.9% and 19.8% respectively over the same period.
Indonesia: Indonesia segment recorded profit before tax for the quarter under review despite lower revenue mainly due to a change in the product mix. Despite recording profit for the quarter under review, Indonesia segment was loss-making for the cumulative quarters as the profit in the current quarter was insufficient to set off the loss incurred in prior quarter.
China: China segment recorded a lower revenue for the current quarter and cumulative quarters as a result of lower sales orders completed. Operations in China were loss-making for the current quarter and cumulative quarters in the absence of large sales orders which resulted in lack of economies of scale as the facilities remained under-utilized.
For the current quarter under review, the Group recorded a lower profit before tax of RM38.2 million as compared to RM49.4 million in the preceding quarter mainly attributable to lower sales orders from key customers.
Prospects: Amidst the challenging operating environment, the Group performance thus far has been satisfactory. The Group’s operations in China remains difficult. Performance has been and continues to be impinged by rising cost and competition with export sales to the US affected by the trade war while local customers in China are holding back orders due to economic uncertainties. The issue of under-utilization of capacity is expected to prevail.
Despite the short-term challenges, the Board remains positive on the long-term prospects of the Group, underpinned by solid fundamentals, robust relationships with existing customers, strong execution skills, recent addition of new key customer and potential future contract win. -------------------------------------------------------------------------- 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 RM1.35 (dividend RM0.015) in 10 months 14 days, total return is 90.9%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.37 in 6 months 10 days, total return is 71.3%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.29 (dividend RM0.04) in 11 months 25 days, total return is 67.3%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 12 days, total return is 41.9%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.76 in 5 months 6 day, total return is 32.2%
f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 6 months 3 days, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.51 (dividend RM0.035) in 7 months 8 days, total return is 21.7%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.66 (dividends RM0.03) in 8 months 27 days, total return is 18.2%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 5 months 27 days, total return is 16.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.16 in 5 months 6 days, total return is 11.5%
k) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.69 in 3 months 2 days, total return is 9%
l) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.10 (dividends RM0.084) in 10 months 28 days, total return is 5.7%
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 https://web.facebook.com/jamesshareinvest/
In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2311638045769603 by date.
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.
Author:James Ng | Publish date: Wed, 26 Jun 2019, 9:16 PM
浅谈V.S Industry bhd (VS) ----------------------------- 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 RM1.35 (dividend RM0.015) in 10 months 14 days, total return is 90.9%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.37 in 6 months 10 days, total return is 71.3%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.29 (dividend RM0.04) in 11 months 25 days, total return is 67.3%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 12 days, total return is 41.9%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.76 in 5 months 6 day, total return is 32.2%
f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 6 months 3 days, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.51 (dividend RM0.035) in 7 months 8 days, total return is 21.7%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.66 (dividends RM0.03) in 8 months 27 days, total return is 18.2%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 5 months 27 days, total return is 16.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.16 in 5 months 6 days, total return is 11.5%
k) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.69 in 3 months 2 days, total return is 9%
l) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.10 (dividends RM0.084) in 10 months 28 days, total return is 5.7%
集团： 根据目前这集团下半年资产使用率及期租率较高的展望，董事会预期这集团于2019年的财务表现会有所改善。 ----------------------------- 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 RM1.36 (dividend RM0.015) in 10 months 13 days, total return is 92.3%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.35 in 6 months 9 days, total return is 68.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.29 (dividend RM0.04) in 11 months 24 days, total return is 67.3%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.62 (dividend RM0.0825) in 8 months 11 days, total return is 43%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 (dividend RM0.008) in 6 months 2 days, total return is 32.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.755 in 5 months 5 day, total return is 31.3%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months 7 days, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.64 (dividends RM0.03) in 8 months 26 days, total return is 16.8%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 5 months 26 days, total return is 16.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.18 in 5 months 5 days, total return is 13.5%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.09 (dividends RM0.084) in 10 months 27 days, total return is 5.4%
l) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.63 in 3 months 1 day, total return is 5.2%
James Ng ---------------------------------- [VELESTO ENERGY BERHAD: four out of the seven jack-up drilling rigs owned by the Group are working while the rest are being prepared to be mobilized for the recently awarded long term contracts, expected to commence within the month of May 2019]
YoY: Group: Group revenue of RM127.0 million for the first quarter ended 31st March 2019 was higher than the RM121.8 million registered in the same quarter of 2018, an increase of RM5.2 million or 4.3%. The Drilling Services segment reported a higher revenue in the first quarter of 2019 as a result of higher utilisation of rigs and average charter rate.
Drilling Services Segment: In the first quarter of 2019, the Drilling Services segment contributed revenue of RM124.7 million or 98.2% of the total revenue for the Group, an increase of RM6.7 million or 5.7% from the RM118.0 million recorded in the same quarter of 2018. This was due to higher average asset utilisation of 66% as compared to 65% in the same period of 2018.
Oilfield Services Segment: This segment reported a lower loss before taxation of RM0.3 million in the first quarter of 2019 as compared to RM0.9 million loss recorded in the same quarter of 2018, an improvement of RM0.6 million or 66.7%.
Others Segment: Others segment recorded loss before taxation of RM8.5 million as compared to profit before taxation of RM16.2 million mainly due to net foreign exchange gain of RM18.2 million resulted from early settlement of revolving credit recorded in the previous year corresponding period.
QoQ: The Group posted a loss before taxation of RM19.6 million in the first quarter of 2019 compared to a profit before taxation of RM15.5 million reported in the fourth quarter of 2018.
Prospects: Drilling Services Segment: The benchmark Brent oil price has been stabilising within a narrow band of around USD70 per barrel, driven by both positive and negative industry activities and other global factors. The positives include the continued production quota by OPEC and non-OPEC major producers, the Iran and Venezuela sanctions and the declining producing capability of some of the major producers.
Drilling activities have continued to increase with more contracts being tendered out and awarded, both locally and globally. At present, four out of the seven jack-up drilling rigs owned by the Group are working while the rest are being prepared to be mobilized for the recently awarded long term contracts, expected to commence within the month of May 2019. With the commencement of the new contracts, utilization of the rigs are expected to increase significantly in the second half of the year, with a number of them expected to continue working into 2020 and beyond.
The demand for hydraulic workover units is also improving with one of the Group’s unit already working and a number of tenders presently being issued out. The increased demand in both jack-up drilling rigs and hydraulic workover units is expected to benefit the Group, being the main player with strong domestic and regional track records. Gradual improvement in time charter rate is also seen based on recently awarded contracts. At present, the Group is aggressively bidding for additional new contracts to replace the three contracts expected to expire late this year and next year.
Oilfield Services Segment: While the business outlook has shown some improvement, the Group will continuously evaluate the viability of the only remaining minor subsidiary operating under this segment.
Group: Based on the present outlook of higher utilisation and time charter rates for the Group’s assets in the second half of the year, the Board expects an improved financial performance of the Group in 2019. -------------------------------------------------------------------------- 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 RM1.36 (dividend RM0.015) in 10 months 13 days, total return is 92.3%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.35 in 6 months 9 days, total return is 68.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.29 (dividend RM0.04) in 11 months 24 days, total return is 67.3%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.62 (dividend RM0.0825) in 8 months 11 days, total return is 43%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 (dividend RM0.008) in 6 months 2 days, total return is 32.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.755 in 5 months 5 day, total return is 31.3%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months 7 days, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.64 (dividends RM0.03) in 8 months 26 days, total return is 16.8%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 5 months 26 days, total return is 16.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.18 in 5 months 5 days, total return is 13.5%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.09 (dividends RM0.084) in 10 months 27 days, total return is 5.4%
l) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.63 in 3 months 1 day, total return is 5.2%
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 https://web.facebook.com/jamesshareinvest/
In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2302632626670145 by date.
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.
Author:James Ng | Publish date: Tue, 25 Jun 2019, 9:16 PM
浅谈QL Resources Bhd (QL) ----------------------------- 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 RM1.36 (dividend RM0.015) in 10 months 13 days, total return is 92.3%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.35 in 6 months 9 days, total return is 68.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.29 (dividend RM0.04) in 11 months 24 days, total return is 67.3%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.62 (dividend RM0.0825) in 8 months 11 days, total return is 43%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 (dividend RM0.008) in 6 months 2 days, total return is 32.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.755 in 5 months 5 day, total return is 31.3%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months 7 days, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.64 (dividends RM0.03) in 8 months 26 days, total return is 16.8%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 5 months 26 days, total return is 16.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.18 in 5 months 5 days, total return is 13.5%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.09 (dividends RM0.084) in 10 months 27 days, total return is 5.4%
l) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.63 in 3 months 1 day, total return is 5.2%
前景： 预计服装和包装业务将在2020财年保持盈利。 ----------------------------- 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 RM1.37 (dividend RM0.015) in 10 months 12 days, total return is 93.7%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 6 months 8 days, total return is 73.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 23 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.64 (dividend RM0.0825) in 8 months 10 days, total return is 44%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.765 in 5 months 4 day, total return is 33%
f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 (dividend RM0.008) in 6 months 1 day, total return is 32.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months 6 day, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.64 (dividends RM0.03) in 8 months 25 days, total return is 16.8%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.96 in 5 months 25 days, total return is 12.9%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 3 months, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.09 (dividends RM0.084) in 10 months 26 days, total return is 5.4%
l) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.09 in 5 months 4 days, total return is 4.8%
m) HUAYANG (HUA YANG BHD), recommended on 17 Feb 19, initial price was RM0.40, rose to RM0.415 in 4 months 7 days, total return is 3.75%
James Ng ---------------------------------------- [MAGNI-TECH INDUSTRIES BHD: garment segment has higher sale orders received]
4Q19 vs 4Q18: Revenue for Q4-FYR 2019 increased by 6.4% as compared to Q4-FYR 2018. On a segmental basis, garment revenue for Q4-FYR 2019 increased by 7.4% mainly due to higher sale orders received. Packaging revenue for Q4-FYR 2019 decreased slightly by 1.4% mainly due to lower sale orders received.
Profit before tax ("PBT") for Q4-FYR 2019 improved by 18.0% as compared to Q4-FYR 2018. Garment PBT for Q4-FYR 2019 improved by 17.0% mainly due to higher revenue and lower foreign exchange loss by RM2.826 million. Packaging PBT for Q4-FYR 2019 increased by 35.6% mainly due to better gross margin, and higher interest and dividend income.
YTD19 vs YTD18: Revenue for FYR 2019 decreased marginally by 0.6% as compared to FYR 2018. Garment revenue decreased marginally by 0.8% mainly due to lower sale orders received. However, packaging revenue increased by 1.3% mainly due to higher sale orders received. PBT for FYR 2019 increased by 11.9% as compared to FYR 2018.
Garment PBT increased by 10.9% as compared to FYR 2018 mainly due to gain on foreign exchange of RM2.675 million versus loss on foreign exchange of RM8.830 million in FYR 2018, better gross margin and higher dividend income. Packaging PBT improved by 32.3% mainly due to higher revenue, better gross margin, and higher dividend and interest income.
4Q19 vs 3Q19: Revenue for Q4-FYR 2019 decreased by 24.1% as compared to Q3-FYR 2019. Garment revenue for Q4-FYR 2019 dropped by 26.1% mainly due to lower sale orders received. Packaging revenue for Q4-FYR 2019 decreased by 2.2% mainly due to lower sale orders received.
PBT for Q4-FYR 2019 dropped by 42.8% as compared to Q3-FYR 2019. Garment PBT decreased 45.3% mainly due to lower revenue, and higher foreign exchange loss by RM1.525 million. Packaging PBT increased by 14.8% mainly due to better gross profit margin and higher dividend income.
Prospects: Both the garment and packaging businesses are expected to remain profitable for FYR 2020. -------------------------------------------------------------------------- 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 RM1.37 (dividend RM0.015) in 10 months 12 days, total return is 93.7%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 6 months 8 days, total return is 73.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 23 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.64 (dividend RM0.0825) in 8 months 10 days, total return is 44%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.765 in 5 months 4 day, total return is 33%
f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 (dividend RM0.008) in 6 months 1 day, total return is 32.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months 6 day, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.64 (dividends RM0.03) in 8 months 25 days, total return is 16.8%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.96 in 5 months 25 days, total return is 12.9%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 3 months, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.09 (dividends RM0.084) in 10 months 26 days, total return is 5.4%
l) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.09 in 5 months 4 days, total return is 4.8%
m) HUAYANG (HUA YANG BHD), recommended on 17 Feb 19, initial price was RM0.40, rose to RM0.415 in 4 months 7 days, total return is 3.75%
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 https://web.facebook.com/jamesshareinvest/
In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2302632626670145 by date.
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.
Author:James Ng | Publish date: Mon, 24 Jun 2019, 9:22 PM
浅谈Lingkaran Trans Kota holdings bhd (LiTraK) ----------------------------- 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 RM1.37 (dividend RM0.015) in 10 months 12 days, total return is 93.7%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 6 months 8 days, total return is 73.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 23 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.64 (dividend RM0.0825) in 8 months 10 days, total return is 44%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.765 in 5 months 4 day, total return is 33%
f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 (dividend RM0.008) in 6 months 1 day, total return is 32.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months 6 day, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.64 (dividends RM0.03) in 8 months 25 days, total return is 16.8%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.96 in 5 months 25 days, total return is 12.9%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 3 months, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.09 (dividends RM0.084) in 10 months 26 days, total return is 5.4%
l) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.09 in 5 months 4 days, total return is 4.8%
m) HUAYANG (HUA YANG BHD), recommended on 17 Feb 19, initial price was RM0.40, rose to RM0.415 in 4 months 7 days, total return is 3.75%
Author:James Ng | Publish date: Mon, 24 Jun 2019, 8:34 AM
[REVENUE GROUP BHD：部署新的数字EDC终端扩展其在马来西亚的业务，该终端能够接受其实体店商户的快速响应（“QR”）付款，升级及改善其revPAY平台及数据中心，以迎合更多数量的电子交易，并聘请额外的资讯科技人员，以支持其产品开发及业务拓展]
3Q19 vs 3Q18: 截至2019年3月31日止的本财政季度，银丰录得收入1,552万令吉（2018年3月31日：794万令吉）。银丰收入由截至2018年3月31日止财政季度的794万令吉增加758万令吉至截至2019年3月31日止财政季度的1,552万令吉。截至2019年3月31日止本季度录得较高收入主要归因于EDC终端向银丰客户的销售额增加。
YTD19 vs YTD18： 截至本财年末，银丰录得收入4,394万令吉（2018年3月31日：2,334万令吉）。银丰收入由截至2018年3月31日止财政期间的2,334万令吉增加2,060万令吉至截至2019年3月31日止财政期间的4,394万令吉。截至2019年3月31日止财政期间录得的较高收入主要为归功于EDC终端的销售额增加。
以上述未来计划为前提，并通过马来西亚国家银行（“BNM”）实施支付卡改革框架（“PCRF”），以促进更广泛的接受和电子支付的使用，成功开发和部署数字支付终端，以及银丰为提供额外增值服务和解决方案以补充银丰现有业务而进行的收购，董事会认为，除非出现任何不可预见的情况，否则银丰2019年的前景仍将有利。 ----------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 9 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.42 in 6 months 5 days, total return is 77.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 20 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 7 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.008) in 5 months 29 days, total return is 34.5%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.75 in 5 months 1 day, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.50 (dividend RM0.035) in 7 months 3 day, total return is 20.9%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.63 (dividends RM0.03) in 8 months 22 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 22 days, total return is 13.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.17 in 5 months 1 day, total return is 12.5%
k) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 28 days, total return is 12.3%
l) HUAYANG (HUA YANG BHD), recommended on 17 Feb 19, initial price was RM0.40, rose to RM0.425 in 4 months 4 days, total return is 6.3%
m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.08 (dividends RM0.084) in 10 months 23 days, total return is 5.2%
n) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM1.73 in 21 days, total return is 4.2%
James Ng ----------------------------- [REVENUE GROUP BHD: to expand its business presence in Malaysia by deploying new digital EDC terminals with capability to accept Quick Respond (“QR”) Payment to its physical store merchants, to upgrade and enhance its revPAY platform and the data centre to cater for higher volume of electronic transactions, as well as recruit additional Information Technology (“IT”) personnel to support its product development and business expansion]
3Q19 vs 3Q18: The Group recorded revenue of RM15.52 million for the current financial quarter ended 31 March 2019 (31 March 2018: RM7.94 million). The Group revenue increased by RM7.58 million from RM7.94 million for the financial quarter ended 31 March 2018 to RM15.52 million for the financial quarter ended 31 March 2019. The higher revenue recorded for the current financial quarter ended 31 March 2019 was mainly attributed to the higher sales of EDC terminals to the Group’s customers.
The Group registered a PBT of RM3.33 million in the current financial quarter under review (31 March 2018: RM2.25 million). The higher PBT achieved for the current financial quarter ended 31 March 2019 mainly driven by the increase in the revenue from their business activities, however, it was offset by the increase in the administrative expenses arising from the increase in their headcount and higher depreciation charges.
YTD19 vs YTD18: For the financial year-to-date, the Group recorded revenue of RM43.94 million (31 March 2018: RM23.34 million). The Group revenue increased by RM20.60 million from RM23.34 million for the financial period ended 31 March 2018 to RM43.94 million for the financial period ended 31 March 2019. The higher revenue recorded for the financial period ended 31 March 2019 was mainly attributed to the higher sales of EDC terminals.
The Group registered a PBT of RM9.88 million for the current financial year-to-date. The higher PBT achieved for the current financial year-to-date ended 31 March 2019 mainly driven by the increase in the revenue from their business activities, however, it was offset by the increase in the administrative expenses arising from the increase in our headcount and higher depreciation charges, as well as one-off listing expenses incurred arising from the listing of the Group on Bursa Securities.
3Q19 vs 2Q19: For the current financial quarter ended 31 March 2019, the Group recorded a higher revenue of RM15.52 million but with a marginally higher PBT of RM3.33 million as compared to RM13.59 million and RM3.33 million respectively in the immediate preceding financial quarter ended 31 December 2018 mainly attributed to higher sales of EDC terminals.
Prospects: (i) The Group intends to expand its business presence in Malaysia by deploying new digital EDC terminals with capability to accept Quick Respond (“QR”) Payment to its physical store merchants. On 8 November 2018, the Group has successfully developed an all-in-one digital payment terminal and will be deploying the new all-in-one digital payment terminal progressively to the Group’s partner banks;
(ii) The Group intends to upgrade and enhance its revPAY platform and the data centre to cater for higher volume of electronic transactions, as well as recruit additional Information Technology (“IT”) personnel to support its product development and business expansion;
(iii) The Group also intends to expand its geographical reach by entering into ASEAN countries;
(iv) The acquisitions of Anypay Sdn Bhd and Buymall Services Sdn Bhd will enable the Group to provide additional value-added services and solutions to the customers which will complement the Group existing business.
Premised on the future plans above and with the implementation of the Payment Card Reform Framework (“PCRF”) by Bank Negara Malaysia (“BNM”) to promote wider acceptance and the usage of electronic payments, the successful development and deployment of the all-in-one-digital payment terminal, as well as the acquisitions undertaken by the Group to provide additional value added services and solutions to complement the Group’s existing business, the Board of Directors is of the opinion that, barring any unforeseen circumstances, the prospects and outlook of the Group for 2019 will remain favourable. -------------------------------------------------------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 9 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.42 in 6 months 5 days, total return is 77.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 20 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 7 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.008) in 5 months 29 days, total return is 34.5%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.75 in 5 months 1 day, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.50 (dividend RM0.035) in 7 months 3 day, total return is 20.9%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.63 (dividends RM0.03) in 8 months 22 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 22 days, total return is 13.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.17 in 5 months 1 day, total return is 12.5%
k) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 28 days, total return is 12.3%
l) HUAYANG (HUA YANG BHD), recommended on 17 Feb 19, initial price was RM0.40, rose to RM0.425 in 4 months 4 days, total return is 6.3%
m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.08 (dividends RM0.084) in 10 months 23 days, total return is 5.2%
n) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM1.73 in 21 days, total return is 4.2%
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 https://web.facebook.com/jamesshareinvest/
In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2302632626670145 by date.
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.
Author:James Ng | Publish date: Sun, 23 Jun 2019, 9:16 PM
浅谈IOI Corp bhd (IOICorp) ----------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 9 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.42 in 6 months 5 days, total return is 77.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 20 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 7 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.008) in 5 months 29 days, total return is 34.5%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.75 in 5 months 1 day, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.50 (dividend RM0.035) in 7 months 3 day, total return is 20.9%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.63 (dividends RM0.03) in 8 months 22 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 22 days, total return is 13.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.17 in 5 months 1 day, total return is 12.5%
k) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 28 days, total return is 12.3%
l) HUAYANG (HUA YANG BHD), recommended on 17 Feb 19, initial price was RM0.40, rose to RM0.425 in 4 months 4 days, total return is 6.3%
m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.08 (dividends RM0.084) in 10 months 23 days, total return is 5.2%
n) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM1.73 in 21 days, total return is 4.2%
2019年，公司预计将加强其在中东和东南亚的地位（贡献了公司过去几年的盈利）。随着预计公司计划通过进一步扩大中亚三个国家的市场份额，即公司目前经营的土库曼斯坦，哈萨克斯坦和乌兹别克斯坦，将会获得更多增长。他们的氯碱项目也将在非洲，尤其是坦桑尼亚取得更多进展。他们的地域扩张将有助于缓和和抵消任何不可预见的地缘政治风险，以保持公司的业务目标，并在未来继续推动盈利。整体而言，管理层对世霸动力的前景及未来将继续产生积极成果的观点持乐观态度。 ----------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 9 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.42 in 6 months 5 days, total return is 77.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 20 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 7 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.008) in 5 months 29 days, total return is 34.5%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.75 in 5 months 1 day, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.50 (dividend RM0.035) in 7 months 3 day, total return is 20.9%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.63 (dividends RM0.03) in 8 months 22 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 22 days, total return is 13.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.17 in 5 months 1 day, total return is 12.5%
k) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 28 days, total return is 12.3%
l) HUAYANG (HUA YANG BHD), recommended on 17 Feb 19, initial price was RM0.40, rose to RM0.425 in 4 months 4 days, total return is 6.3%
m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.08 (dividends RM0.084) in 10 months 23 days, total return is 5.2%
n) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM1.73 in 21 days, total return is 4.2%
James Ng ------------------------------------------ [SERBA DINAMIK HOLDINGS BHD: The Company are actively pursuing for more opportunity in the power sector from Malaysia and Laos to boost its market share and strengthening its position as an engineering provider in the sector]
1Q19 vs 1Q18: For the quarter ended 31 March 2019 (“Q1FY19”), the Group recorded revenue of RM984.4 million which was 34.7% higher than corresponding quarter of the preceding year (“Q1FY18”) due to strong activities from O&M. The Group also recorded profit before taxation of RM124.5 million, 29.0% higher as compared to profit before taxation of RM96.5 million in Q1FY18.
O&M contribute 87.2% of revenue in Q1FY19 with an increase of RM224.3 million or 35.3% against Q1FY18. The increase was due to higher activities from their MRO activity in Malaysia, Indonesia and middle east region such as Qatar, UAE & Bahrain while IRM activity showed some slight decline against Q1FY18. The segment recorded an improved operating profit of RM157.8 million which represents a gross margin of 18.4%.
EPCC revenue recorded a total of RM111.2 million, increased by RM16.9 million against Q1FY18 and contributed 11.3% of the total revenue of the Group. Additional revenue was derive from their hydro-power plants in Laos which mark the first contribution from the country.
1Q19 vs 4Q18: For quarter ended 31 March 2019, the Group recorded a slight increase of revenue of 0.7% from immediate preceding quarter (“Q4FY18”) mainly due to increase revenue from other product and services and also EPCC revenue with additional activity from their hydro-power plants project in Laos. The decline in O&M revenue was partially offsetted by an increase in revenue from countries such as UAE, Indonesia and Malaysia.
EPCC revenue recorded an increase of RM7.5 million or 7.2% higher against Q4FY18 which is mainly derived from their contract with New Thunder Technical Services in UAE and Nam Taep 123 Hydropower Company Limited in Laos. Operating profit also recorded an increase from RM16.8 million in Q4FY18 to RM17.2 million in Q1FY19 resulting in 15.5% of gross profit margin. Other product and services recorded an improved in revenue and higher in operating profit mainly due to better margin from their IT related services.
On geographical segmentation, Malaysia remained as the biggest revenue contributor by country, recording a total of RM306.9 million for Q1FY19 or 31.2% of total revenue recording an improvement against Q1FY18. The improvement in revenue is mainly contributed by higher call out works for O&M and EPCC activity.
Middle east contributed 59.1% of the overall revenue for the quarter or RM581.3 million, an increase of RM100.1 million against Q1FY18. The increase was mainly contributed by higher call out activity in Qatar and UAE. Their central asia region contributed RM41.0 million or 4.2% of total revenue for the Group, with the revenue recognised from Turkmenistan amounting to RM37.7 million during the quarter while India contributed the balance. Indonesia contributed 4.6% of total revenue for the quarter or RM45.7 million and europe contributed RM0.3 million of revenue. South east asia region through Laos contributed first revenue of RM7.7 million to the Group or 0.8% of current quarter which derived from their EPCC contract for the development of 30MW hydropower plants in Huoaphan Province, Laos.
Prospects: Malaysia GDP recorded a higher growth of 4.7% for 4Q2018 (3Q2018: 4.4%) supported by continued expansion in domestic demand and a positive growth in net exports. Private sector expenditure remained the main driver of demand, while a rebound in real exports of goods and services contributed towards the positive growth of net exports. The global economy expansion continued, albeit at a more moderate pace in the 4Q2018. With the exception of the US, major advanced and emerging market economies recorded more moderate growth.
IMF in their recent report projected global growth is set to moderate in the near term, then pick up modestly. The current forecast envisages that global growth will level off in the first half of 2019 and firm up after that. The projected pickup in the second half of 2019 is predicated on an ongoing build-up of policy stimulus in China, recent improvements in global financial market sentiment, the waning of some temporary drags on growth in the euro area, and a gradual stabilization of conditions in stressed emerging market economies, including Argentina and Turkey.
On the Oil and Gas front, oil prices have slight increased month on month with the Brent Crude price being traded at USD64.43/bbl in March 2019. Oil prices were supported by increasing confidence that the oil market will balance later this year, the better performance of equity markets and growing optimism regarding the possibility of a US-China deal on trade matters. 2019 has a more positive outlook with expected increase in both upstream and downstream activities. PETRONAS’ capital investment is set to be higher than 2018 with anticipated amount of approximately RM50 billion for 2019. This show the confidence of the national oil company towards to industry and create more opportunity for service provider to expand their business.
Middle east oil & gas industry has also shifted its focus from the upstream towards the downstream segments, as the region seeks to diversify by increasing exports of specialised refined petrochemicals products. Some notable plants are expected to come on stream such as the Jazan refinery in Saudi Arabia and expansion of Jebel Ali refinery in UAE which is expected to complete in 2019. This will create more opportunity for the Group to expand its business further in the region.
In term of power industry, electricity generation and consumption has been on increasing trend in Malaysia and expected to continue growing in 2019. Laos also has seen significant growth in their power industry over the years and this will continue as it is set to become the “Battery of South East Asia” by 2020. The Company are actively pursuing for more opportunity in the power sector from both countries to boost its market share and strengthening its position as an engineering provider in the sector.
For 2019, the Company is expecting to strengthen its position in middle east and south east asia which have contributed to the company’s earnings for the past years. More growth is expected to come from central asia as the Company plan expand further by gaining more market share in the three countries i.e. Turkmenistan, Kazakhstan and Uzbekistan which the Company are currently operating in. They will also see more progress in Africa especially in Tanzania with their Chlor-alkali project. Their geographical expansion will help to cushion and offset any unforeseen geopolitical risks for the Company to maintain its business goals and continue driving profitability in future. Overall, the management is optimistic about the prospects of the Group and of the view that the Group will continue to generate positive results in future. -------------------------------------------------------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 9 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.42 in 6 months 5 days, total return is 77.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 20 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 7 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.008) in 5 months 29 days, total return is 34.5%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.75 in 5 months 1 day, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.50 (dividend RM0.035) in 7 months 3 day, total return is 20.9%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.63 (dividends RM0.03) in 8 months 22 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 22 days, total return is 13.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.17 in 5 months 1 day, total return is 12.5%
k) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 28 days, total return is 12.3%
l) HUAYANG (HUA YANG BHD), recommended on 17 Feb 19, initial price was RM0.40, rose to RM0.425 in 4 months 4 days, total return is 6.3%
m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.08 (dividends RM0.084) in 10 months 23 days, total return is 5.2%
n) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM1.73 in 21 days, total return is 4.2%
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 https://web.facebook.com/jamesshareinvest/
In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2302632626670145 by date.
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.
is the only stock now that has the potential to fly like Yinson n or Takaful. Its Right Timing is so close n near, perhaps within a few more days only. If n only IF it closes much higher than 421, New blue sky is so NICE.
1st TP at 599 n beyond is highly achievable ...
https://klse.i3investor.com/blogs/AmInvestResearch/211749.jsp 23/06/2019 4:18 AM
Author:James Ng | Publish date: Sat, 22 Jun 2019, 9:16 PM
浅谈Nestle Malaysia bhd (Nestle) ----------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 9 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.42 in 6 months 5 days, total return is 77.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 20 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 7 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.008) in 5 months 29 days, total return is 34.5%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.75 in 5 months 1 day, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.50 (dividend RM0.035) in 7 months 3 day, total return is 20.9%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.63 (dividends RM0.03) in 8 months 22 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 22 days, total return is 13.5%
j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.17 in 5 months 1 day, total return is 12.5%
k) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 28 days, total return is 12.3%
l) HUAYANG (HUA YANG BHD), recommended on 17 Feb 19, initial price was RM0.40, rose to RM0.425 in 4 months 4 days, total return is 6.3%
m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.08 (dividends RM0.084) in 10 months 23 days, total return is 5.2%
n) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM1.73 in 21 days, total return is 4.2%
正如2019年3月14日宣布的那样，Uzma的90.25％同系子公司PT Cougar Drilling Solution Indonesia（“PTCDSI”）获得了为PT Pertamina Hulu Energi Onshore West Java（“PHE-ONWJ”）提供的定向钻井服务的合同。合同期限为2019年2月25日至2021年2月25日（两（2）年），延期期权须经SKK MIGAS批准，SKK MIGAS是印尼政府为管理上游石油和天然气业务活动而建立的机构。
于2019年3月19日及2019年3月20日宣布，乌兹马全资附属公司MMSVS集团控股有限公司（「MMSVS」）已获授予为PTTEP International Limited，PTTEP Siam Limited和PTTEP SP Limited提供Onshore Hydraulic Workover Services（340K）的合约。合同期限为2019年3月1日至2022年6月30日（三（3）年），最长延长期限为一（1）年。 ----------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 9 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.42 in 6 months 5 days, total return is 77.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 20 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 7 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.008) in 5 months 29 days, total return is 34.5%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.75 in 5 months 1 day, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.50 (dividend RM0.035) in 7 months 3 day, total return is 20.9%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.63 (dividends RM0.03) in 8 months 22 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 22 days, total return is 13.5%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 28 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.08 (dividends RM0.084) in 10 months 23 days, total return is 5.2%
James Ng --------------- [UZMA BHD: impairment loss recognized for TBRSC project]
The Group’s revenue increased by RM2.9 million or 1% compare to PTD2018 was mainly due to acquisition of a subsidiary Setegap Venture Petroleum Sdn. Bhd (“SVP”) as at the end of January 2019 which offset by the lower recognition of revenue for certain projects. As a result, gross profit decreased by RM6.4million or 5.7% as compared to PTD2018.
In line with the decrease in Gross Profit, the Group reported decrease in adjusted PBT of RM9.7 million or 30%. The decrease was contributed by the impairment loss recognized for TBRSC project and reversal of impairment loss in PTD2018 which offset the re-measurement gain for acquisition of SVP in PTD2019.
In comparing to the preceding quarter, the group reported increase of Adjusted PBT RM5.5 million or 66.8% was mainly due to improve in gross profit and re-measurement gain to offset impairment loss for receivables for current quarter.
Prospects: As announced on 29 January 2019 and 31 January 2019, Uzma completed the proposed acquisition in accordance with the terms and conditions of the share sale agreement to acquire additional 15% equity interest in SVP.
As announced on 14 March 2019, PT Cougar Drilling Solution Indonesia (“PTCDSI”), 90.25% fellow subsidiary of Uzma had been awarded a contract for the Provision of Directional Drilling Services for PT Pertamina Hulu Energi Onshore West Java (“PHE-ONWJ”). The tenure of the contract is two (2) years from 25 February 2019 to 25 February 2021 with an extension option subject to the approval of SKK MIGAS, an institution established by the Indonesia government to manage upstream oil and gas business activities.
As announced on 19 March 2019 and 20 March 2019, MMSVS Group Holdings Co., Ltd (“MMSVS”), a wholly owned subsidiary of the Group had been awarded a contract for the Provision of Onshore Hydraulic Workover Services (340K) for PTTEP International Limited, PTTEP Siam Limited and PTTEP SP Limited. The tenure of the contract is three (3) years from 1 March 2019 to 30 June 2022 with a maximum extension option of one (1) year. -------------------------------------------------------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 9 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.42 in 6 months 5 days, total return is 77.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 20 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 7 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.008) in 5 months 29 days, total return is 34.5%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.75 in 5 months 1 day, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.50 (dividend RM0.035) in 7 months 3 day, total return is 20.9%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.63 (dividends RM0.03) in 8 months 22 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 22 days, total return is 13.5%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 28 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.08 (dividends RM0.084) in 10 months 23 days, total return is 5.2%
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 https://web.facebook.com/jamesshareinvest/
In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2302632626670145 by date.
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.
Author:James Ng | Publish date: Fri, 21 Jun 2019, 9:15 PM
浅谈Top Glove corp bhd (TopGlov) ----------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 9 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.42 in 6 months 5 days, total return is 77.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 20 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 7 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.29 (dividend RM0.008) in 5 months 29 days, total return is 34.5%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.75 in 5 months 1 day, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.50 (dividend RM0.035) in 7 months 3 day, total return is 20.9%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.63 (dividends RM0.03) in 8 months 22 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 22 days, total return is 13.5%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 28 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.08 (dividends RM0.084) in 10 months 23 days, total return is 5.2%
前景： 由于新的替代能源资源和金融机构对该行业的风险偏好，石油和天然气行业的短期至中期前景仍然具有挑战性和不确定性。目前全球经济总体面临着贸易保护主义抬头，地缘政治条件不确定以及下行风险加大的风险。维持主要经济体前所未有的宽松货币环境以鼓励企业的增长趋势变得不明朗，美国联邦储备委员会开始缓和其采取逐步增加利率政策的立场，这是由于持续的全球贸易争端间接导致的。在充满挑战的全球经济环境及其他货币对美元的波动中，云升控股将努力在截至2020年1月31日的下一个财政年度取得令人满意的业绩。 ----------------------------- 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 RM1.34 (dividend RM0.015) in 10 months 8 days, total return is 89.5%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.40 in 6 months 4 days, total return is 75%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.32 (dividend RM0.04) in 11 months 19 days, total return is 71.1%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.58 (dividend RM0.0825) in 8 months 6 days, total return is 40.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 28 days, total return is 30.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 5 months, total return is 28.7%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.55 (dividend RM0.035) in 7 months 2 day, total return is 24.8%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.66 (dividends RM0.03) in 8 months 21 days, total return is 18.2%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 21 days, total return is 13.5%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 27 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.10 (dividends RM0.084) in 10 months 22 days, total return is 5.7%
James Ng -------------------------------- [YINSON HOLDINGS BHD: challenging global economic environment and the volatility of other currencies against US Dollar]
Offshore & Marine: The segment results increased by RM31.95 million mainly due to higher recorded revenue but set-off by higher impairment loss on trade and other receivables, impairment loss on tax recoverable and net unfavorable foreign exchange movement.
Other Operations: The lower loss was mainly driven by net favorable foreign exchange movement and lower fair value loss on investment properties but set-off by higher administrative overheads and impairment loss on investment in a joint venture.
Results of Joint Ventures and Associates: The share of the results of joint ventures has decreased by RM30.42 million to profit of RM12.66 million for the financial year ended 31 January 2019 as compared to RM43.08 million for the corresponding financial year ended 31 January 2018 mainly due to comparatively lower scheduled contract chartering rate for FSO PTSC Bien Dong 01 and lower chartering rate from the interim contract entered for continue deployment of FPSO PTSC Lam Son.
The share of results of associates has decreased by RM0.58 million to profit of RM0.15 million for the financial year ended 31 January 2019 as compared to profit of RM0.73 million for the financial year ended 31 January 2018 mainly due to the absence of share of results upon an associated company reclassification as the Company’s subsidiary since June 2017.
Consolidated profit after tax: For the current financial year under review, the Group’s profit after tax has decreased by RM27.69 million or 9.48% to RM264.38 million as compared to RM292.07 million for the corresponding financial year ended 31 January 2018. The decrease was mainly attributable to higher impairment loss on trade and receivables of RM1.74 million, impairment loss on tax recoverable of RM3.69 million, higher depreciation and amortisation of RM60.25 million, impairment loss on investment in a joint venture of RM12.89 million, lower share of results in joint ventures of RM30.42 million, higher finance cost of RM78.02 million and higher tax expenses of RM9.79 million.
Should the results not be affected by impairment loss on property, plant & equipment and impairment loss on investment in a joint venture, the Group’s profit after tax for the current financial year under review would be RM310.30 million as compared to RM324.87 million for the corresponding financial year ended 31 January 2018.
Consolidated financial position: the Group’s current liabilities has increased by RM557.35 million or 73.21% to RM1,318.70 million from RM761.35 million for the last audited financial year ended 31 January 2018 mainly due to the higher payables position incurred to undertake new FPSO vessel conversion, recognition of put option liability arising from the disposal of 26% equity interest in a subsidiary and effect of higher loans and borrowings. The Group’s liquidity indicators, Current Ratio (Calculated as “Current Assets” divided by “Current Liabilities”) decreased to 1.40 times as compared to 1.62 times for the last audited financial year ended 31 January 2018.
Compared with Preceding Quarter: The increase of PBT was mainly attributable to profit on higher recorded revenue, absence of fair value loss on investment properties of RM3.50 million and net reversal effect on impairment loss on property, plant & equipment of RM104.63 million, set-off mainly by impairment loss on trade and other receivables of RM1.09 million, impairment loss on tax recoverable of RM3.69 million, net unfavorable forex movement of RM48.52 million and impairment loss on investment in a joint venture of RM12.89 million.
Prospects: The short-term to medium-term outlook in the oil and gas industry remains challenging and uncertain due to emerging new alternative energy resources and financial institutions risk appetite towards the sector. Overall current global economic is exposed to the risk of increasing trade protectionism, geopolitical conditions uncertainty, with higher downside risks. Tendency to uphold the unprecedented easing of monetary conditions in major economies to encourage businesses has growth uncertain with the Federal Reserve of United States soften its stands in adopting gradual incremental policy on interest rate indirectly resulted from on-going global trade disputes. Amid the challenging global economic environment and the volatility of other currencies against US Dollar, the Group shall strive to achieve satisfactory results for the next financial year ending 31 January 2020. -------------------------------------------------------------------------- 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 RM1.34 (dividend RM0.015) in 10 months 8 days, total return is 89.5%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.40 in 6 months 4 days, total return is 75%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.32 (dividend RM0.04) in 11 months 19 days, total return is 71.1%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.58 (dividend RM0.0825) in 8 months 6 days, total return is 40.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 28 days, total return is 30.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 5 months, total return is 28.7%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.55 (dividend RM0.035) in 7 months 2 day, total return is 24.8%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.66 (dividends RM0.03) in 8 months 21 days, total return is 18.2%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 21 days, total return is 13.5%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 27 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.10 (dividends RM0.084) in 10 months 22 days, total return is 5.7%
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 https://web.facebook.com/jamesshareinvest/
In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2302632626670145 by date.
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.
Author:James Ng | Publish date: Thu, 20 Jun 2019, 7:17 PM
浅谈Misc bhd (Misc) ----------------------------- 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 RM1.34 (dividend RM0.015) in 10 months 8 days, total return is 89.5%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.40 in 6 months 4 days, total return is 75%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.32 (dividend RM0.04) in 11 months 19 days, total return is 71.1%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.58 (dividend RM0.0825) in 8 months 6 days, total return is 40.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 28 days, total return is 30.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 5 months, total return is 28.7%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.55 (dividend RM0.035) in 7 months 2 day, total return is 24.8%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.66 (dividends RM0.03) in 8 months 21 days, total return is 18.2%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 5 months 21 days, total return is 13.5%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 27 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.10 (dividends RM0.084) in 10 months 22 days, total return is 5.7%
鹏达集团认为有机会从马来西亚及东南亚上游石油及天然气活动增加的活动中获得更多订单。除非有不可预见的情况，鹏达集团预期下一财政年度的整体表现仍将令人满意。 ----------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 7 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 6 months 3 days, total return is 73.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 18 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.55 (dividend RM0.0825) in 8 months 5 days, total return is 39.3%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.755 in 4 months 30 days, total return is 31.3%
f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 27 days, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months 1 day, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.68 (dividends RM0.03) in 8 months 20 days, total return is 19.6%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.97 in 5 months 20 days, total return is 14.1%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 26 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.04 (dividends RM0.084) in 10 months 21 days, total return is 4.2%
James Ng --------------------------------------------- [PANTECH GROUP HOLDINGS BHD: focus and expand on its existing revenue generating businesses and seek opportunities to grow its businesses, both local and overseas, by expanding its capacity as the major pipes, valves and fittings solutions provider to the oil and gas industries, related upstream and downstream industries]
Trading Division: For the current quarter ended 28 February 2019, the trading division recorded higher external revenue of RM93.91 million (Q4FY18: RM85.70 million) and higher segment profit before tax of RM13.35 million (Q4FY18: RM9.48 million), an increase of approximately RM8.21 million (9.59%) and RM3.87 million (40.82%) respectively.
For the 12 months ended 28 February 2019, the trading division recorded higher external revenue of RM387.10 million (12 months FY18: RM347.97 million) and higher segment profit before tax of RM50.90 million (12 months FY18: RM41.39 million), an increase of approximately RM39.13 million (11.25%) and RM9.51 million (22.98%) respectively. The higher revenue and segment profit before tax for the current quarter and the 12 months ended 28 February 2019 was mainly due to the increased in sales demand and delivery in local oil and gas projects.
Manufacturing Division: For the current quarter ended 28 February 2019, the manufacturing division recorded lower external revenue of RM48.70 million (Q4FY18: RM63.86 million) and a lower segment profit before tax of RM2.07 million (Q4FY18: RM5.98 million), a decrease of approximately RM15.16 million (23.73%) and RM3.90 million (65.33%) respectively.
For the 12 months ended 28 February 2019, the manufacturing division recorded lower external revenue of RM222.11 million (12 months FY18: RM266.80 million) and lower segment profit before tax of RM15.05 million (12 months FY18: RM21.88 million), a decrease of approximately RM44.68 million (16.75%) and RM6.84 million (31.24%) respectively.
Group Performance: For the current quarter ended 28 February 2019, the Group registered lower revenue of RM142.61 million (Q4FY18: RM149.56 million) and marginally lower profit before tax (“PBT”) of RM14.02 million (Q4FY18: RM14.21 million). For the 12 months ended 28 February 2019, the Group registered lower revenue of RM609.22 million (12 months FY18: RM614.77 million) but a higher profit before tax of RM61.63 million (12 months FY18: RM58.13 million). The better Group performance was mainly due to the increase in sales demand from trading division despite lower sales contribution from carbon steel manufacturing plant.
In the current quarter under review, the Group reported higher revenue of RM142.61 million compared to the preceding quarter of RM140.16 million. In tandem with higher sales, the Group reported higher profit after taxation (“PAT”) of RM11.47 million compared to preceding quarter of RM11.19 million which was mainly due to the better product mix from trading division.
Prospects: The Group will prudently continue to focus and expand on its existing revenue generating businesses and seek opportunities to grow its businesses, both local and overseas, by expanding its capacity as the major pipes, valves and fittings solutions provider to the oil and gas industries, related upstream and downstream industries.
The Group see the opportunities to secure more orders from the increased activities in upstream oil and gas activities in Malaysia and Southeast Asia. Barring further unforeseen circumstances, the Group expects its overall performance for the next financial year to remain satisfactory. -------------------------------------------------------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 7 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 6 months 3 days, total return is 73.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 18 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.55 (dividend RM0.0825) in 8 months 5 days, total return is 39.3%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.755 in 4 months 30 days, total return is 31.3%
f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 27 days, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months 1 day, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.68 (dividends RM0.03) in 8 months 20 days, total return is 19.6%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.97 in 5 months 20 days, total return is 14.1%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 26 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.04 (dividends RM0.084) in 10 months 21 days, total return is 4.2%
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 https://web.facebook.com/jamesshareinvest/
In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2302632626670145 by date.
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.
Author:James Ng | Publish date: Wed, 19 Jun 2019, 9:17 PM
浅谈Axiata group berhad (Axiata) ----------------------------- 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 RM1.33 (dividend RM0.015) in 10 months 7 days, total return is 88.1%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 6 months 3 days, total return is 73.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.30 (dividend RM0.04) in 11 months 18 days, total return is 68.6%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.55 (dividend RM0.0825) in 8 months 5 days, total return is 39.3%
e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.755 in 4 months 30 days, total return is 31.3%
f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 27 days, total return is 30.4%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months 1 day, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.68 (dividends RM0.03) in 8 months 20 days, total return is 19.6%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.97 in 5 months 20 days, total return is 14.1%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 26 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.04 (dividends RM0.084) in 10 months 21 days, total return is 4.2%
根据其对可持续发展的承诺，Top Glove还将继续加强其在ESG领域的实践，特别是在劳工实践方面。为了表彰其社区外展工作，Top Glove还被评为2019年马来西亚奖的CSR年度马来西亚公司（制造业）。 ----------------------------- 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 RM1.32 (dividend RM0.015) in 10 months 6 days, total return is 86.7%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.36 in 6 months 2 days, total return is 70%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.27 (dividend RM0.04) in 11 months 17 days, total return is 64.8%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.56 (dividend RM0.0825) in 8 months 4 days, total return is 39.8%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 26 days, total return is 30.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 4 months 29 days, total return is 28.7%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.68 (dividends RM0.03) in 8 months 19 day, total return is 19.6%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.97 in 5 months 19 day, total return is 14.1%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 25 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.04 (dividends RM0.084) in 10 months 20 days, total return is 4.2%
James Ng -------------------------------- [TOP GLOVE CORP BHD: Expansion plans will boost the Group’s total number of production lines by an additional 224 lines and production capacity by 22.8 billion gloves per annum, by December 2020, Top Glove is projected to have 872 production lines and a production capacity of 83.3 billion gloves per annum]
YoY: For 3QFY19, the Group’s Sales Revenue came in at RM1.19 billion, 8.1% higher than 3QFY18 following a 9% increase in Sales Volume versus 3QFY18, in spite of the challenging environment. The price increased of raw materials has improved as the effect of upward revisions to its average selling prices were reflected from May 2019 onwards, which improved the profit contribution from the natural rubber glove segment. As for nitrile glove segment, there was improvement in contribution due to higher sales volume and declining raw material price, coupled with improved in production efficiency from new facilities.
On a 9 months basis, Top Glove attained Sales Revenue of RM3.6 billion, an upturn of 20.5% compared with the corresponding period in FY18, which already amounts to 86% of the total Sales Revenue in FY18. In tandem, Sales Volume also grew 15% compared with 9MFY18.
QoQ: On a quarter on quarter comparison, Sales Revenue for 3QFY19 increased 2.6% and Sales Volume increased by 2% compared with 2QFY19. The price increased of raw materials has improved from May 2019 onwards due to the effect of selling price revision. The nitrile latex price decreased slightly by 3.1% to USD1.05/kg, which mitigated the impact from competition in nitrile glove segment. In order to ensure it is well-positioned to cater to the strong demand growth, the Group will continue to improve its product quality and manufacturing efficiency, and also increase its capacity.
Prospects: Top Glove is well-positioned to cater to global glove demand, which is projected to grow by at least 10% annually and will continue expanding its operations. Expansion plans will boost the Group’s total number of production lines by an additional 224 lines and production capacity by 22.8 billion gloves per annum. By December 2020, Top Glove is projected to have 872 production lines and a production capacity of 83.3 billion gloves per annum.
In another development, Top Glove recently launched its flagship green product, BioGreen Biodegradable Nitrile Gloves (Powder-Free), in conjunction with World Environment Day. Developed to safeguard the environment while protecting the user, these gloves are proven to biodegrade at least 10 times faster compared to conventional nitrile examination gloves, thereby providing an “end-of-life solution” to help reduce the accumulation of waste in landfills.
In line with its commitment to sustainability, Top Glove will also continue to level up its practices in the ESG space particularly in terms of labour practices. In recognition of its community outreach efforts, Top Glove was also named CSR Malaysia Company of the Year (Manufacturing) in the CSR Malaysia Awards 2019. -------------------------------------------------------------------------- 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 RM1.32 (dividend RM0.015) in 10 months 6 days, total return is 86.7%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.36 in 6 months 2 days, total return is 70%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.27 (dividend RM0.04) in 11 months 17 days, total return is 64.8%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.56 (dividend RM0.0825) in 8 months 4 days, total return is 39.8%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 26 days, total return is 30.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 4 months 29 days, total return is 28.7%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.68 (dividends RM0.03) in 8 months 19 day, total return is 19.6%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.97 in 5 months 19 day, total return is 14.1%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 25 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.04 (dividends RM0.084) in 10 months 20 days, total return is 4.2%
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 https://web.facebook.com/jamesshareinvest/
In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2292806867652721 by date.
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.
Author:James Ng | Publish date: Tue, 18 Jun 2019, 9:18 PM
浅谈Mestron holdings berhad (Mestron) ----------------------------- 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 RM1.32 (dividend RM0.015) in 10 months 6 days, total return is 86.7%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.36 in 6 months 2 days, total return is 70%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.27 (dividend RM0.04) in 11 months 17 days, total return is 64.8%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.56 (dividend RM0.0825) in 8 months 4 days, total return is 39.8%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 26 days, total return is 30.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 4 months 29 days, total return is 28.7%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.49 (dividend RM0.035) in 7 months, total return is 20.1%
h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.68 (dividends RM0.03) in 8 months 19 day, total return is 19.6%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.97 in 5 months 19 day, total return is 14.1%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 25 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.04 (dividends RM0.084) in 10 months 20 days, total return is 4.2%
PTD19 vs. PTD17： 由于支付税项及其罚款，软件和服务的财务和运营成本较高，而教育部门因较低的学生注册水平和更高的运营支出而保持疲弱，因此集团PBT较2017年的PTD的3790万令吉低了1810万令吉或48％。
Q119 vs. Q418： 毕达良录得LBT为360万令吉，比上一季度的130万令吉低了490万令吉，原因是营运成本较高，因为教育业务较低的学生入学人数及软件的财务及营运成本较高，和由于UNIMY搬迁而导致固定资产减值准备增加导致经营支出增加。
前景： 这公司预计毕达良于2019年6月30日止财政年度的表现仍将继续面临挑战。 ----------------------------- 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 RM1.35 (dividend RM0.015) in 10 months 5 days, total return is 90.9%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.35 in 6 months 1 day, total return is 68.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.27 (dividend RM0.04) in 11 months 16 days, total return is 64.8%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 3 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 25 days, total return is 30.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.745 in 4 months 28 days, total return is 29.6%
g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.68 (dividends RM0.03) in 8 months 18 day, total return is 19.6%
h) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.44 (dividend RM0.035) in 6 months 30 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.975 in 5 months 18 day, total return is 14.7%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 24 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.05 (dividends RM0.084) in 10 months 19 days, total return is 4.4%
James Ng ------------------------------ [PRESTARIANG BERHAD: termination of SKIN project resulted to discontinuing its revenue recognition]
Q119 vs. Q118: The Group recorded a lower revenue of RM41.8 million, RM30.9 million or 43% lower for the current quarter compared to RM72.7 million recorded in previous year corresponding quarter. The significant reduction in revenue was mainly due to termination of SKIN project resulted to discontinuing its revenue recognition.
The Group recorded LBT of RM3.6 million, RM16.7 million lower than the previous year corresponding quarter due to net flow through of discontinued recognition of SKIN’s revenue and higher costs of doing current business namely higher finance cost , coupled with one off provision for impairment of fixed assets due to relocation of UNIMY to new location.
PTD19 vs. PTD17: The Group PBT was lower by RM18.1 million or 48% in comparison to PTD 2017 of RM37.9 million due to payment of under taxation and its penalties, higher finance and operating costs for Software and Services whilst Education segment remained weak due to lower student enrollment and higher operating expenditures.
Q119 vs. Q418: The Group recorded LBT of RM3.6 million, RM4.9 million lower than the preceding quarter of RM1.3 million due to higher costs for doing business namely higher finance and operating costs for Software and Education segment remained weak due to lower students enrollment and higher operating expenditures compounded by provision for impairment of fixed assets due to UNIMY’s relocation.
Prospects: The Company foresees the Group's performance for the financial year ending 30 June 2019 continue to remain challenging. -------------------------------------------------------------------------- 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 RM1.35 (dividend RM0.015) in 10 months 5 days, total return is 90.9%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.35 in 6 months 1 day, total return is 68.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.27 (dividend RM0.04) in 11 months 16 days, total return is 64.8%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 3 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 25 days, total return is 30.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.745 in 4 months 28 days, total return is 29.6%
g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.68 (dividends RM0.03) in 8 months 18 day, total return is 19.6%
h) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.44 (dividend RM0.035) in 6 months 30 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.975 in 5 months 18 day, total return is 14.7%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 24 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.05 (dividends RM0.084) in 10 months 19 days, total return is 4.4%
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 https://web.facebook.com/jamesshareinvest/
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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.
Author:James Ng | Publish date: Mon, 17 Jun 2019, 9:15 PM
浅谈Bermaz Auto bhd (BAuto) ----------------------------- 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 RM1.35 (dividend RM0.015) in 10 months 5 days, total return is 90.9%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.35 in 6 months 1 day, total return is 68.8%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.27 (dividend RM0.04) in 11 months 16 days, total return is 64.8%
d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.60 (dividend RM0.0825) in 8 months 3 days, total return is 41.9%
e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 (dividend RM0.008) in 5 months 25 days, total return is 30.4%
f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.745 in 4 months 28 days, total return is 29.6%
g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.68 (dividends RM0.03) in 8 months 18 day, total return is 19.6%
h) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.44 (dividend RM0.035) in 6 months 30 days, total return is 16.1%
i) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.975 in 5 months 18 day, total return is 14.7%
j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.74 in 2 months 24 days, total return is 12.3%
k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.05 (dividends RM0.084) in 10 months 19 days, total return is 4.4%
