[CYCLE & CARRIAGE BINTANG BERHAD，销售业务有所改善]

-车辆销量增长17％
-由保险赔偿支持，净利润增长65％
-GST积极影响从6月1日开始

这集团受益于交易条件改善及业务改善策略的早期影响，并受到保险赔偿及MBM股息收入的支持。集团前六个月的收入增长11％至7.844亿令吉，而单位销售额增长17％。

Mercedes-Benz贸易业务录得净利润410万令吉，而去年则录得亏损190万令吉，原因是2017年末槟城市因洪水造成的损失导致保险赔偿金达980万令吉和较高的单位销售量。在集团投资Mercedes-Benz马来西亚的股息收入为1,120万令吉，整体净利润为1,530万令吉，较去年增加65％。截至6月底，这集团的净债务为1.848亿令吉，而2017年底的净负债为2.163亿令吉，主要是由于营运资金需求减少。

前景：
虽然销售业务有所改善，但今年剩余时间的前景仍然充满挑战，利润受到压力和9月份实施销售和服务税导致的不确定性。
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James Ng Stock Pick Performance:
Since Recommended Return:

1) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.76 in 1 month 8 days, total return is 27.2%

2) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.905 in 1 month 15 days, total return is 13.8%

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

最终决定永远是你的，谢谢。

James Ng
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[CYCLE & CARRIAGE BINTANG BERHAD, sales operations have improved]

-Vehicle unit sales up 17%
-Net profit up 65%, supported by insurance compensation
-GST positive impact starts from 1st June

The Group benefited from improved trading conditions and the early impact of the Group’s business-improvement strategy, supported by insurance compensation and MBM dividend income. The Group’s revenue in the first six months increased by 11% to RM784.4 million, while unit sales were 17% higher.

Net profit of RM4.1 million was recorded by Mercedes-Benz trading operations, compared to a loss of RM1.9 million in the previous year, due to higher unit sales and insurance compensation of RM9.8 million for damages suffered from flood in Penang in late 2017. The overall net profit of RM15.3 million was 65% higher than prior year, after accounting for dividend income of RM11.2 million from the Group’s investment in Mercedes-Benz Malaysia. The Group had net debt of RM184.8 million at the end of June, compared to RM216.3 million at the end of 2017, mainly due to lower working capital requirements.

Prospects:
Whilst sales operations have improved, the outlook for the rest of the year remains challenging, with margins under pressure and uncertainties arising from the implementation of the Sales and Service Tax in September.
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James Ng Stock Pick Performance:
Since Recommended Return:

1) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.76 in 1 month 8 days, total return is 27.2%

2) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.905 in 1 month 15 days, total return is 13.8%

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