Highlights

James的股票投资James Share Investing

Author: James Ng   |   Latest post: Thu, 23 Jan 2020, 1:20 PM

 

[转贴] [SERBA DINAMIK HOLDINGS BHD:世霸动力已与Petroliam Nasional Berhad签订了Master Service Agreement(“ MSA”)] - James的股票投资James Share Investing

Author:   |    Publish date:


[SERBA DINAMIK HOLDINGS BHD:世霸动力已与Petroliam Nasional Berhad签订了Master Service Agreement(“ MSA”);已被委任为机械旋转设备服务及零件的panel contractors]

3Q19 vs 3Q18:
截至2019年9月30日的季度(“ 19财年第三季度”),由于O&M的强劲活动,世霸动力的收入为10.451亿令吉,比去年同期(“ 2018财年第三季度”)高35.7%。世霸动力亦录得除税前盈利1.374亿令吉,较18财年第3季度的9,710万令吉高41.5%。

O&M在Q3FY19贡献了88.6%的收入,比2018财年第三季增加了2.276亿令吉或32.6%。增长的原因是他们在中东地区(例如卡塔尔,阿联酋和科威特)以及马来西亚的MRO活动增加了活动。 比起18财年第三季度,IRM活动也显示出更高的增长。该部门录得1.616亿令吉的营业利润改善,毛利率为17.5%。

EPCC收入共录得1.067亿令吉,较18财年第3季增加3,750万令吉,占集团总收入的10.2%。 EPCC部门的收入增加主要来自他们在坦桑尼亚的氯碱工厂以及与阿联酋New Thunder的合作。

3Q19 vs 2Q19:
整体营运盈利为1.800亿令吉,与19财年第2季相比减少1760万令吉或8.9%。

YTD19与YTD18:
该集团今年迄今的收入共计31.681亿令吉,营业利润为5.559亿令吉,占总收入的17.5%。与去年同期相比,收入和营业利润分别增长了37.4%和38.3%。 O&M的收入增长了33.1%,主要来自中东地区,马来西亚和印度尼西亚。O&M营业利润也比上年同期增长35.2%。

EPCC和其他产品与服务的收入也分别增长了1.220亿令吉和5990万令吉或50.2%和870.5%。两个业务部门的营业利润也分别较上年同期增加了1,640万令吉和1,040万令吉或41.9%和545.4%。该集团的税前累积盈利提高至4.057亿令吉,比去年同期高出1.029亿令吉。

就地域划分而言,马来西亚仍然是按国家划分的最大收入来源,在19财年第3季共录得2亿6470万令吉,占总收入的25.3%,较18财年第3季有所改善。收入的增长主要归因于O&M和EPCC活动的更多工作。中东地区贡献了本季度总收入的64.1%或6.699亿令吉,比18财年第三季度增加了1.995亿令吉。增加的主要原因是卡塔尔和阿联酋的活动增多。

前景:
在国内需求持续增长的支持下,2019年第二季度马来西亚GDP录得4.9%的较高增长(2019年第一季度:4.5%)。强劲的家庭支出和私人投资的增加推动了内需的增长。通过采取行动和交流来增加货币政策的显着转变缓解了紧张局势对金融市场情绪和活动的影响,而总体上具有弹性的服务业则支持了就业增长。

世霸动力仍设法获得了各种新合同,并设法更新一些现有的运维合同和获得EPCC部门的新合同。这可以通过他们最近在大马交易所网站上发布的公告来显示,该公告有助于他们扩大集团的订单。该公司将始终利用其在石油和天然气,发电行业,水处理和公用事业行业的核心竞争力。

最近,世霸动力已与Petroliam Nasional Berhad签订了Master Service Agreement(“ MSA”)。世霸动力已被委任为机械旋转设备服务及零件的panel contractors。这将有助于加强他们在马来西亚的地位,因为MSA可能会覆盖马来西亚国家石油公司集团内的客户。该集团还成功获得了State Concern Turkmengas的合同,以提供天然气管道的自动化辅助设备(SCADA)。因此,世霸动力能够继续在中亚地区开展业务。该集团还与阿曼国家的Revenue International LLC签订了O&M合同,以对泵,压缩机和其他相关旋转设备以及人力和零件进行维修,大修和维护。

过去几年,集团一直在大力探索工业4.0的前景。工业4.0涉及数字格式的数据收集,可用于数据分析,从而进一步帮助用户做出必要的操作或决策。世霸动力正在积极寻找智能维护项目的机会。该集团认为,智能维护系统和应用程序将帮助资产所有者提高资产效率和生产率。该集团还希望将该智能维护应用程序扩展到发电和设施管理等其他行业。

鉴于各种新合同的签订和现有合同的续签,世霸动力仍预计运维业务将继续为世霸动力的主要收入来源。 EPCC将会通过签定额外合同继续为集团做出巨大贡献。总体而言,管理层对他们的未来业绩和世霸动力的前景持乐观态度。
-----------------------------
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 RM1.98 (dividend RM0.025) in 1 year 3 months 20 days, total return is 180.4%

b) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.985 in 3 months 7 days, total return is 116.5%

c) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.21 in 10 months 12 days, total return is 110.4%

d) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.47 (dividend RM0.04) in 1 year 5 months 1 day, total return is 89.9%

e) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.42 (dividends RM0.083) in 1 Year 1 month 25 days, total return is 57.4%

f) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.52 (dividend RM0.01) in 5 months 30 days, total return is 51.5%

g) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.17 in 11 months 16 days, total return is 46.3%

h) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.32 (dividend RM0.018) in 11 months 9 days, total return is 38.7%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.68 (dividend RM0.07) in 1 Year 14 days, total return is 37.8%

j) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.20 in 5 months 2 days, total return is 33.3%

k) PESTECH (PESTECH INTERNATIONAL BHD), recommended on 2 Jun 19, initial price was RM1.04, rose to RM1.28 in 5 months 30 days, total return is 23.1%

l) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.07 (dividend RM0.22) in 1 Year 1 month 18 days, total return is 21.2%

m) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.70 (dividend RM0.05) in 8 months 8 days, total return is 12.9%

n) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.28 (adjusted)(dividends RM0.111) in 1 Year 4 months 3 days, total return is 10.9%

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

预计公司每年的增长率必须> 14%

我想说服读者学习基本面分析FA以便能从股市赚钱。

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

1)【看懂年报和季报】课程:
11a.m. – 7p.m.,免费茶和咖啡

12月22日星期日:AG Hotel Penang, George Town 2份点心

12月29日星期日:Hotel Sri Petaling, KL 3份点心

2020年2月22日星期六:Silka Johor Bahru Hotel, Johor Bahru 7份点心

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

12月21日星期六:AG Hotel Penang, George Town

12月28日星期六:Hotel Sri Petaling, KL

2020年2月23日星期日:Silka Johor Bahru Hotel, Johor Bahru

3) 【公司业绩分享会】:
2p.m. – 7p.m.,免费茶和咖啡

12月20日星期五:AG Hotel Penang, George Town 2份点心

12月27日星期五:Hotel Sri Petaling, KL 3份点心

2020年2月21日星期五:Silka Johor Bahru Hotel, Johor Bahru 7份点心

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

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

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

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

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

James Ng
-------------------------------------------
[SERBA DINAMIK HOLDINGS BHD: the Group has managed to secure Master Service Agreement (“MSA”) with Petroliam Nasional Berhad; the Group has been appointed as panel contractors for mechanical rotating equipment services and parts]

3Q19 vs 3Q18:
For the quarter ended 30 September 2019 (“Q3FY19”), the Group recorded revenue of RM1,045.1 million which was 35.7% higher than corresponding quarter of the preceding year (“Q3FY18”) due to strong activities from O&M. The Group also recorded profit before taxation of RM137.4 million, 41.5% higher as compared to profit before taxation of RM97.1 million in Q3FY18.

O&M contributed 88.6% of revenue in Q3FY19 with an increase of RM227.6 million or 32.6% against Q3FY18. The increase was due to higher activities from their MRO activity in middle east region such as Qatar, UAE & Kuwait, and Malaysia. IRM activity also showed higher growth against Q3FY18. The segment recorded an improved operating profit of RM161.6 million which represents a gross margin of 17.5%.

EPCC revenue recorded a total of RM106.7 million, increased by RM37.5 million against Q3FY18 and contributed 10.2% of the total revenue of the Group. Increased revenue from EPCC segment was mainly derived from their chlor-alkali plant in Tanzania and activity with New Thunder in UAE.

3Q19 vs 2Q19:
Overall Operating profit stood at RM180.0 million, a difference of RM17.6 million or 8.9% lower against Q2FY19.

YTD19 vs YTD18:
The group’s year to date (“YTD”) revenue recorded a total of RM3,168.1 million with operating profit at RM555.9 million or 17.5% of total revenue. This is an improvement against the same period last year with 37.4% and 38.3% for revenue and operating profit respectively. O&M have shown an increase in revenue of 33.1% mainly from middle east region, Malaysia as well as Indonesia. O&M operating profit also showed an increase of 35.2% against the corresponding period of the preceding year.

EPCC and other product & services also showed an increase in revenue of RM122.0 million and RM59.9 million or 50.2% and 870.5% respectively. The operating profit for both business segments also improved by RM16.4 million and RM10.4 million or 41.9% and 545.4% increase against the corresponding period of the preceding year. The group’s cumulative profit before tax improved to RM405.7 million, RM102.9 million higher than the corresponding period of the preceding year.

On geographical segmentation, Malaysia remained as the biggest revenue contributor by country, recording a total of RM264.7 million for Q3FY19 or 25.3% of total revenue recording an improvement against Q3FY18. The improvement in revenue is mainly contributed by higher call out works for O&M and EPCC activity. Middle east contributed 64.1% of the overall revenue for the quarter or RM669.9 million, an increase of RM199.5 million against Q3FY18. The increase was mainly contributed by higher call out activity in Qatar & UAE.

Prospects:
Malaysia GDP recorded a higher growth of 4.9% for 2Q2019 (1Q2019: 4.5%) supported by continued expansion in domestic demand. Domestic demand expanded supported by firm household spending and slightly higher private investment. A notable shift toward increased monetary policy accommodation through both action and communication has cushioned the impact of tensions on financial market sentiment and activity, while a generally resilient service sector has supported employment growth.

The Group still managed to secure various new contracts as well as manage to obtain renewal for some of the existing contracts for O&M and new contracts for EPCC segment. This can be shown through their recent announcement in Bursa Malaysia’s website which helps them to grow the Group’s orderbook. The company will always continue to leverage on its core competencies of operating in Oil & Gas, power generation industries, water treatment and utilities industries.

Recently, the Group has managed to secure Master Service Agreement (“MSA”) with Petroliam Nasional Berhad. The Group has been appointed as panel contractors for mechanical rotating equipment services and parts. This will help to strengthen their position in Malaysia as the MSA could potentially cover customers within Petronas Group of Companies. The Group also succeeded to secure contract with State Concern Turkmengas to delivery supplementary equipment and automation (SCADA) of gas pipeline. As a result of this, the Group is able to continue present in central asia region. The Group was also awarded O&M contract with Revenue International LLC from country of Oman to do repair, overhaul and maintenance of pumps, compressors and other associated rotating equipments with manpower and spare parts.

The Group has been exploring prospects of Industry 4.0 quite intensely in the past years. Industry 4.0 involves data collection in digital format that can be used in data analytics which further help users to make necessary action or decision. The Group is aggressively looking for opportunities for smart maintenance project. The Group believed that the smart maintenance systems and applications would help asset owners to improve in terms of assets efficiency and productivity. The Group is also looking to expand that smart maintenance applications to other industries such as power generation and facility management.

The Group still foresee O&M business segment will remain as a major revenue contributor for the Group in light of various new contract wins and renewals of existing contract. EPCC will continue to contribute considerably to the Group with the additional contract in hand. Overall, the management is positive about their future results and prospects of the Group.
--------------------------------------------------------------------------
I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

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

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

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

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

James Ng

Share this
Labels: SERBADK

Related Stocks

Chart Stock Name Last Change Volume 
SERBADK 2.32 -0.01 (0.43%) 2,556,000 

  Be the first to like this.
 


 

358  242  498  874 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 IMPIANA 0.0250.00 
 DGB 0.135+0.005 
 SUPERMX 1.61+0.09 
 XDL 0.165+0.005 
 HSI-C7K 0.285+0.01 
 XDL-WD 0.02+0.005 
 ALAM-WA 0.0650.00 
 EAH 0.0150.00 
 MYEG-C87 0.055+0.005 
 HSI-H8K 0.175-0.02 

FEATURED POSTS

1. Leveraged & Inverse ETF CMS
Partners & Brokers