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James的股票投资James Share Investing

Author: James Ng   |   Latest post: Fri, 24 May 2019, 9:30 PM

 

[转贴] [SARAWAK PLANTATION BHD:已大致完成管理层的转型及改革,作为其转型实施的一部分,标准操作程序和报告得到了加强,转型显示出积极的结果,特别是在2018年下半年的生产中] - James的股票投资James Share Investing

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[SARAWAK PLANTATION BHD:已大致完成管理层的转型及改革,作为其转型实施的一部分,标准操作程序和报告得到了加强,转型显示出积极的结果,特别是在2018年下半年的生产中]

4Q18 vs 4Q17:
这集团本季度的税前亏损为RM50万,而去年同期的税前亏损为1,770万令吉。税前亏损减少主要是由于:

- 2018年第4季确认的物业,厂房及设备及不记名工厂的减值亏损反转,分别为190万令吉及120万令吉(分类为其他非经营收入),而2017年第4季度确认的工厂和设备以及不记名工厂(包括在其他非经营费用中)物业的减值亏损为1290万令吉 。

- 由于2018年第4季度确认的生物资产公允价值变动510万令吉而产生的损失,而2017年第4季度确认的亏损为1,030万令吉。

油棕作业:
CPO和PK的平均销售价格分别下降了约29.8%和44.4%,而CPO和PK的销售量分别增长了约30.6%和27%。油棕业务的税前营业利润(扣除行政及财务费用后)本季度为230万令吉,而去年同期的营业利润为640万令吉,主要为由于本季度收入减少。

YTD18 vs YTD17:
营业利润减少的主要原因是本财政年度PK实际平均销售价格下降和销量下降所致,但被CPO销售量增加抵消。这集团于本财政年度录得的税前利润为1,580万令吉,而去年则为1,380万令吉的税前利润。与上一年相比,本财政年度的税前利润增加主要是由于:

- 物业,厂房及设备及不记名工厂的减值亏损拨回分别为本财政年度确认的190万令吉和120万令吉(分类为其他非经营收入),而上一年度确认的厂房及设备和不记名工厂(包括在其他非经营费用中)物业的减值亏损为1290万令吉。

- 由于本财政年度确认的生物资产公允价值变动产生的损失为270万令吉,而去年确认的亏损为1,250万令吉。

油棕作业:
PK的销量下降了约2%,而本财年CPO的销量增长了1.3%。油棕业务的税前营业利润(扣除行政和财务费用后)本财政年度为1,750万令吉,而去年则为4,120万令吉,与收入减少一致。

4Q18 vs 3Q18:
营业利润减少主要是由于销售成本较高,本季度CPO和PK的平均售价较低所致,但被CPO和PK的销量增长部分抵消了这一影响。收入增长主要是由于销量增加但被CPO和PK的平均销售价格下降所抵消。本季度CPO和PK的销量分别增长了约24.9%和46.7%。

前景:
这集团于本财政年度已大致完成管理层的转型及改革。作为其转型实施的一部分,标准操作程序和报告得到了加强。转型显示出积极的结果,特别是在2018年下半年的生产中。

这集团预期下一财政年度的产量将进一步改善。此外,由于目前CPO价格从每公吨1,800令吉回升至每公吨2,100令吉,因此为这集团带来正面收益。除非出现任何不可预见及无法控制的情况,董事会相信这集团将于下一个财政年度取得令人满意的业绩。
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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 RM1.24 (dividend RM0.015) in 8 months 5 days, total return is 75.5%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 4 months 1 day, total return is 73.8%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.23 in 9 months 14 day, total return is 54.7%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.785 in 2 months 26 days, total return is 36.5%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.31 in 3 months 23 days, total return is 35.8%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.35 (dividend RM0.0825) in 6 months 3 day, total return is 28.7%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.74 (dividends RM0.03) in 6 months 15 days, total return is 23.8%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.995 in 3 months 15 days, total return is 17.1%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.42 (dividend RM0.035) in 4 months 28 days, total return is 14.6%

j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.65 in 26 days, total return is 6.5%

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

预计公司每年的增长率必须> 14%

我想说服读者学习基本面分析FA以便能从股市赚钱。

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

【看懂年报和季报】课程
时间:11a.m. – 7p.m

日期:4月21日星期日
地点:AG Hotel Penang, George Town (包括免费3份点心,茶和咖啡)

日期:4月28日星期日
地点:Silka Johor Bahru Hotel, Johor Bahru (包括免费点心,茶和咖啡)

日期:5月26日星期日
地点:Hotel Sri Petaling, KL (包括免费3份点心,茶和咖啡)

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

为了方便大家查询我写过的公司和选股文章以及视频,制作了索引。大家只要依照日期,就能从这 
https://web.facebook.com/jamesshareinvest/posts/2239247806341961 找到公司和选股文章以及视频。

James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/

James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp

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: https://www.instagram.com/p/BwYvmETg5mL

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
------------------------------------
[SARAWAK PLANTATION BHD: substantially completed its transformation and reformation of the management during the current financial year, as part of its transformation implementation, standard operating procedures and reporting were enhanced and strengthened, the transformation had shown positive results especially in the production for the second half of the year 2018]

4Q18 vs 4Q17:
The Group recorded a loss before tax of RM0.5 million for the current quarter, as compared to a loss before tax of RM17.7 million in the corresponding period of the preceding year. Lower loss before tax was principally due to:

-A reversal of impairment loss on property, plant and equipment and bearer plants of RM1.9 million and 1.2 million respectively (classified as other non-operating income) recognised in Quarter 4, 2018 against impairment losses of RM12.9 million on property, plant and equipment and bearer plants (included in other non operating expenses ) recognised in Quarter 4, 2017.

-Loss arising from changes in fair value of biological assets of RM5.1 million recognised in Quarter 4, 2018 compared to a loss of RM10.3 million recognised in Quarter 4, 2017.

Oil palm operations:
Both average selling prices of CPO and PK had decreased approximately by 29.8% and 44.4% whereas sales volumes of CPO and PK had increased by approximately 30.6% and 27% respectively for the current quarter. The operating profit before tax for the oil palm operations (after deducting administrative and finance cost) was RM2.3 million for the current quarter as compared to operating profit before tax of RM6.4 million for the corresponding period of the preceding year, was principally due to lower revenue for the current quarter.

YTD18 vs YTD17:
The decrease in operating profits was principally due to the effect of lower realised average selling prices and lower sale volumes of PK offseted by higher sale volumes of CPO during the current financial year. The Group recorded a profit before tax of RM15.8 million for the current financial year, as compared to a profit before tax of RM13.8 million in the preceding year. Higher profit before tax for the current financial year compared against the preceding year was principally due to:

-A reversal of impairment loss on property, plant and equipment and bearer plants of RM1.9 million and 1.2 million respectively (classified as other non-operating income) recognised in the current financial year against impairment losses of RM12.9 million on property, plant and equipment and bearer plants (included in other non operating expenses ) recognised in preceding year.

-Loss arising from changes in fair value of biological assets of RM2.7 million recognised in current financial year compared to a loss of RM12.5 million recognised in preceding year.

Oil palm operations:
The sales volumes of PK had decreased by approximately 2% whereas the sales volumes of CPO had increased by 1.3% respectively for the current financial year. The operating profit before tax for the oil palm operations (after deducting administrative and finance cost) was RM17.5 million for the current financial year as compared to RM41.2 million for the preceding year, in line with the decrease in revenue.

4Q18 vs 3Q18:
The decrease in operating profits was principally due to the effect of higher cost of sales, lower average selling price of CPO and PK partially offsetted by higher sales volumes of CPO and PK during the current quarter. Revenue was higher mainly due to higher sales volumes offsetted by lower realised average selling prices of CPO and PK. The sales volumes of CPO and PK had increased approximately by 24.9% and 46.7% respectively for the current quarter.

Prospects:
The Group had substantially completed its transformation and reformation of the management during the current financial year. As part of its transformation implementation, standard operating procedures and reporting were enhanced and strengthened. The transformation had shown positive results especially in the production for the second half of the year 2018.

The Group anticipates further improvements in production volume in the coming financial year. In addition, with the current recovery of CPO price from RM1,800 per metric tonne to RM2,100 per metric tonne, it provides positive earnings to the Group. Barring any unforeseen and uncontrollable circumstances, the Board is confident that the Group will achieve satisfactory results in the coming financial 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 RM1.24 (dividend RM0.015) in 8 months 5 days, total return is 75.5%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.39 in 4 months 1 day, total return is 73.8%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.23 in 9 months 14 day, total return is 54.7%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.785 in 2 months 26 days, total return is 36.5%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.31 in 3 months 23 days, total return is 35.8%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.35 (dividend RM0.0825) in 6 months 3 day, total return is 28.7%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.74 (dividends RM0.03) in 6 months 15 days, total return is 23.8%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.995 in 3 months 15 days, total return is 17.1%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.42 (dividend RM0.035) in 4 months 28 days, total return is 14.6%

j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.65 in 26 days, total return is 6.5%

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/2239247806341961 by date.

James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/

James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp

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

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

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Chart Stock Name Last Change Volume 
SWKPLNT 1.58 -0.02 (1.25%) 13,000 

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