[GAMUDA BHD,捷运2号线的进度加快,海外项目尤其是越南及马来西亚新兴城镇的推出,房地产销售增加,高速公路部门的稳定盈利贡献]
截至2018年4月30日止的当前季度,金务大的收入增长12%至18亿令吉,而去年同期则为16亿令吉。与此同时,净利润增长17%至2.01亿令吉或每股8.16仙,而去年同期则为1.71亿令吉或每股7.04仙。
截至2018年4月30日止九个月,金务大收入增长31%至53亿令吉,而去年同期则为40亿令吉。与此同时,净利润增长23%至6.15亿令吉或每股25.03仙,而去年同期则为4.99亿令吉或每股20.60仙。本季度及本年度收入及净利润的增加主要是由于金务大各项建设项目的工作进度较高,加上海外物业销售增加以及马来西亚的若干新物业项目。
GAMUDA工程:
截至2018年4月30日止九个月,建筑部门的收入增长23%至31亿令吉,而去年同期则为25亿令吉。年初至今的税前利润(“PBT”)增长60%至3.14亿令吉,而去年同期则为1.97亿令吉。收入和PBT的增加主要是由于KVMRT Line 2项目的工作进度较高,其中金务大是项目交付合作伙伴和唯一的地下工程承包商。与此同时,Pan Borneo Sarawak Highway - Pantu Junction至Btg Skrang的工程正按计划进行。
GAMUDA LAND:
截至2018年4月30日止九个月,物业部门销售额增长85%至26亿令吉,而去年同期则为14亿令吉。与此同时,物业部门本年度收入为18亿令吉,PBT为1.43亿令吉,而去年同期收入为11亿令吉,而PBT则为1.27亿令吉。更好的销售,收入和利润表现主要是由于海外项目的销售贡献增加,新加坡和越南的支持,Gamuda Gardens以及twentyfive.7的新项目推出。由于新乡镇的前期成本增加以及今年出售更多经济适用房,PBT增长了12%。
GAMUDA基础设施特许权:
该部门的收入为3.8亿令吉(不包括联营公司的收入)和PBT为3.25亿令吉,与去年的财务表现相似。
前景:
巴生谷大众捷运:Sungai Buloh - Serdang - Putrajaya Line(“MRT Line 2”)项目交付合作伙伴(“PDP”)Line 2:
到目前为止,已经获得了310亿令吉的合同,占整个工程的98%。
Underground Works Package(“UGW Line 2”):
截至2018年5月底的总体累计进度按计划计算为31.5%。
沙捞越Pan Borneo Highway - WPC04(Pantu Junction to Btg Skrang):
2018年5月底的总体累计进度为25%。
槟城运输总体规划:
与相关州和联邦政府机构的讨论已经加强,他们的目标是在2018年第四季度之前获得批准。
吉隆坡 - 新加坡高铁(HSR)项目:
金务大于2018年5月31日收到MyHSR公司的一封信,通知在马来西亚政府宣布取消高铁项目后,所有谈判都将暂停,并预定在2018年6月1日签署协议条款和合同条件的计划将不再发生。
GAMUDA LAND:
物业部门今年前三个季度售出价值26亿令吉的物业,比去年同期的14亿令吉高出85%。物业部门有望实现全年目标销售额35亿令吉。
马来西亚:
Gamuda Cove是一个未来的标志性乡镇开发项目,将在2018年第四季度启动,位于1,530英亩的土地,GDV是RM200亿,位于沿着Expressway Lingkaran Tengah(ELITE高速公路)的Cyberjaya / Putrajaya交汇处对面,距离吉隆坡国际机场15分钟。
海外:
新加坡的GEM Residences已售出99%,预计将于2019年上半年完工。澳大利亚661 Chapel Street的建设于2018年4月完工。
高速公路:
除SMART Expressway的流量低于预期外,其他高速公路的交通量继续保持稳定和弹性。
水:
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd('Splash')是Sungai雪兰莪供水计划第1和第3阶段的特许权持有者,正在等待雪兰莪州政府关于收购其水资产和业务的提议。
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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。
我为那些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
最终决定永远是你的,谢谢。
James Ng
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Gamuda Group’s revenue grew 12% to RM1.8 billion for current quarter ended 30 April 2018 compared with RM 1.6 billion in the preceding year comparative quarter. Meanwhile, net profit grew 17% to RM201 million or 8.16 sen per share as compared with RM171 million or 7.04 sen per share in the preceding year comparative quarter.
The Group’s revenue grew 31% to RM5.3 billion for the nine months ended 30 April 2018 compared with RM 4.0 billion in the same period last year. Meanwhile, net profit grew 23% to RM615 million or 25.03 sen per share as compared with RM499 million or 20.60 sen per share in preceding year corresponding period. The increase in revenue and net profit for the current quarter and year to date were mainly due to higher work progress from the Group’s various construction projects coupled with stronger overseas property sales and several new property projects in Malaysia.
GAMUDA ENGINEERING:
The construction division’s revenue grew 23% to RM3.1 billion for the nine months ended 30 April 2018 compared with RM2.5 billion in the preceding year corresponding period. Year to date profit before tax (“PBT”) grew by 60% to RM314 million compared with RM197 million in the preceding year corresponding period. The increase in revenue and PBT were mainly due to higher work progress from the KVMRT Line 2 project where the Group is the Project Delivery Partner and the sole underground works package contractor. Meanwhile, works on the Pan Borneo Sarawak Highway – Pantu Junction to Btg Skrang is progressing on schedule.
GAMUDA LAND:
The property division sales grew by 85% to RM2.6 billion worth of properties for the nine months ended 30 April 2018 compared with RM1.4 billion in last year’s corresponding period. Meanwhile, the property division reported revenue of RM1.8 billion and PBT of RM143 million in the current year to date compared with revenue of RM1.1 billion and PBT of RM127 million in the preceding year corresponding period. The better sales, revenue and profit performance were mainly due to stronger sales contribution from the overseas projects, underpined by Singapore and Vietnam, new project launches in Gamuda Gardens and twentyfive.7. PBT grew by 12% as a result of higher upfront cost for new townships and more affordable housing sold this year.
GAMUDA INFRASTRUCTURE CONCESSIONS:
The division reported a revenue of RM380 million (excluding share of associated companies’ revenue) and PBT of RM325 million which is similar to last year’s financial performance.
Prospects:
Klang Valley Mass Rapid Transit: Sungai Buloh – Serdang – Putrajaya Line (“MRT Line 2”) Project Delivery Partner (“PDP”) Line 2:
To date, RM 31 billion representing 98% of the overall works packages have been awarded.
Underground Works Package (“UGW Line 2”):
The overall cumulative progress as at end of May 2018 is according to plan at 31.5%.
Pan Borneo Highway, Sarawak – WPC04 (Pantu Junction to Btg Skrang):
Overall cumulative progress at the end of May 2018 was 25%.
Penang Transport Master Plan:
Discussions with the relevant State and Federal Government agencies have intensified, and they target to obtain the approvals by Q4, 2018.
Kuala Lumpur – Singapore High Speed Rail (HSR) Project:
The Consortium has on 31 May 2018 received a letter from MyHSR Corp informing that following the announcement by the Government of Malaysia on the cancellation of the HSR Project, all negotiations would be suspended and the signing of the Articles of Agreements and Conditions of Contract scheduled on 1 June 2018 would no longer take place.
GAMUDA LAND:
The property division sold RM2.6 billion worth of properties for the first three quarters of this year, 85% more than the RM1.4 billion sales for the same period last year. The property division is on track to achieve full year target sales of RM3.5 billion.
Malaysia:
Gamuda Cove, a future landmark township development with a GDV of RM20 billion on 1,530 acres located opposite the Cyberjaya/Putrajaya interchange along Expressway Lingkaran Tengah (ELITE Highway) and 15 minutes from Kuala Lumpur International Airport will be launched in Q4 of 2018.
Overseas:
GEM Residences in Singapore is already 99% sold and construction expected to be completed in the first half of 2019. The construction of 661 Chapel Street, Australia was completed in April 2018.
Expressway:
Except for the SMART Expressway which experienced lower-than-expected traffic, the traffic volumes of other expressways continue to be stable and resilient.
Water:
Syarikat Pengeluar Air Sungai Selangor Sdn Bhd (‘Splash’), the concession holder of the Sungai Selangor Water Supply Scheme Phase 1 and 3 is awaiting the offer from the Selangor State Government on the takeover of its water assets and operations.
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I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:
the forecasted growth of a company must > 14% per year
I wish to convince readers to learn FA in order to make money from stock market.
I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page https://web.facebook.com/jamesshareinvest/
Final decision is always yours, thank you.
James Ng
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GAMUDACreated by James Ng | Sep 18, 2024