[SUNWAY CONSTRUCTION GROUP BHD：未结订单金额为58亿令吉，2018年前六个月新订单金额为8.54亿令吉，维持2018财年的新订单目标15亿令吉]

本季度：
双威建筑截至2018年6月30日止的本季度收入为5.443亿令吉及税前利润为4520万令吉，而去年前一个财政年度同期的收入为4亿1730万令吉及税前利润为4,190万令吉。双威建筑的收入增加30.4％，主要由于建筑部门所致。

建筑业务部门的收入为5.116亿令吉，税前利润为4300万令吉，而上一财政年度的相应季度收入为3.872亿令吉及税前利润为3560万令吉。本季度收入增长32.1％，主要是由于工作进展较快，中部地区建筑部门和民事部门的贡献增加。

预制部门收入为3,270万令吉，税前利润为220万令吉，而上一财政年度相应季度的收入为3,010万令吉及税前利润为630万令吉。本季度收入增长8.6％是由于现有销售订单取得了较好的进展。

全年：
截至2018年6月30日止六个月，双威建筑录得收入10.735亿令吉及税前利润8,890万令吉，相比之下，相应前一个财政年度6个月内收入为8.368亿令吉及税前利润为8,520万令吉。截至目前为止，本年度收入增加主要是由于建筑部门的表现，弥补了预制部门收入的减少。

建筑部门于六个月内录得收入10.037亿令吉及税前利润8,310万令吉，而上一个财政年度的相应营业收入为7.379亿令吉及税前利润为6,310万令吉。目前六个月期间收入增加36％主要是由于中部地区建筑部门（Parcel F，Putrajaya）和民用部门（KVMRT V201从Sg Buloh到Persiaran Dagang以及LRT 3从Kawasan 17到Sri Andalas（已于2017年第四季度获得））的贡献增加。

预制部门收入为6,980万令吉及税前利润为580万令吉，而上一财政年度相应六个月期间的收入为9890万令吉及税前利润为2,210万令吉。

2Q18对比1Q18：
截至2018年6月30日止的本季度，双威建筑收入为5.443亿令吉及税前利润为4520万令吉，而上一季度的收入为5.292亿令吉及税前利润为4,370万令吉。双威建筑的收入增加2.9％，主要是由于建筑业务。

建筑业务部门收入为5.116亿令吉，税前利润为4300万令吉，而上一季度收入为4.921亿令吉，税前利润为4,010万令吉。本季度收入增加主要是由于建筑和民用部门的营业额增加。

预制部门收入为3,270万令吉，税前利润为220万令吉，而上一季度收入为3,710万令吉及税前利润为360万令吉。

前景：
截至2018年6月，SunCon集团的未结订单金额为58亿令吉，2018年前六个月新订单金额为8.54亿令吉。他们根据现有的活跃招标活动和潜在的内部项目，维持2018财年的新订单目标15亿令吉。

预计第二季度马来西亚的国内生产总值（GDP）将从今年第一季度的5.4％增长5.5％至5.6％，这表明马来西亚经济在新政府的经济政策下正在获得动力。 SunCon将通过其控股公司Sunway Berhad缓解本地建筑业增长的预期放缓，该母公司传统上一直贡献了约40％的收入和海外扩张。他们的母公司现在采取积极的姿态扩大其医疗中心，并发展其槟城和Seberang Jaya土地储备。尽管预计他们的收入可能会受到影响，但他们相信，与2017财年相比，他们将继续保持持续增长。在风险方面，钢筋价格的平均价格自2017年12月每吨RM2,700以来已下降约10％价格。再加上水泥价格低，原材料可望在未来节省一些成本。

尽管新加坡2018年第一季度的建筑业务出现负增长，但由于预计2018年房地产市场将出现复苏，预计建筑业可能已触底。他们的预制单位主要在新加坡运营，应该具有弹性。它的健康优秀订单为1.83亿令吉。这意味着大约一年的营业额，这是一个基于其较短的合同期限的标准。Housing and Development Board（HDB）报告称，截至2018年5月，共有7,634个单位已经启动（2017年：17,593; 2016年：17,891个单位）。这是2018年推出的17,000个BTO单位的第一批。尽管由于竞争激烈和螺纹钢价格上涨造成的利润压力，该部门在2018年结束时的前景应该是好的因为有HDB单位的推出。基于上述情况，除非出现任何不可预见的情况，SunCon预计在截至2018年的财政年度中表现令人满意。
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James Ng Stock Pick Performance:
Since Recommended Return:

1) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.875 in 1 month 27 day, total return is 22.4%

2) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.40 in 3 months 1 day, total return is 10.6%

3) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.86 in 3 months 8 day, total return is 8.2%

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

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James Ng
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[SUNWAY CONSTRUCTION GROUP BHD: outstanding order book stands at RM5.8 billion with RM854 million new order book win in first six months 2018, maintain new order book target of RM1.5 billion for the financial year 2018]

For the quarter:
The Group recorded revenue of RM544.3 million and profit before tax of RM45.2 million for the current quarter ended 30 June 2018, compared to revenue of RM417.3 million and profit before tax of RM41.9 million in the corresponding quarter of the preceding financial year. The Group's revenue increased by 30.4% mainly due to construction segment.

Construction segment reported revenue of RM511.6 million and profit before tax of RM43.0 million compared to revenue of RM387.2 million and profit before tax of RM35.6 million in the corresponding quarter of the preceding financial year. The higher revenue in current quarter by 32.1% was due to higher contribution from both Building division and Civil division in Central region due to higher progress of work.

Precast segment reported revenue of RM32.7 million and profit before tax of RM2.2 million compared to revenue of RM30.1 million and profit before tax of RM6.3 million in the corresponding quarter of the preceding financial year. The higher revenue in current quarter by 8.6% was due to better progress from existing sales order.

For the full year:
The Group recorded revenue of RM1,073.5 million and profit before tax of RM88.9 million for six months ended 30 June 2018, compared to revenue of RM836.8 million and profit before tax of RM85.2 million in the corresponding six months of the preceding financial year. Higher revenue for the current year to-date was mainly due to construction segment which compensated the reduction in revenue from precast segment.

Construction segment reported revenue of RM1,003.7 million and profit before tax of RM83.1 million compared to revenue of RM737.9 million and profit before tax of RM63.1 million in the corresponding six months period of the preceding financial year. Higher revenue in the current six months period by 36% was mainly due to higher contribution from Building division in Central region (Parcel F, Putrajaya) and Civil division (KVMRT V201 from Sg Buloh to Persiaran Dagang and LRT 3 from Kawasan 17 to Sri Andalas which was secured in fourth quarter 2017).

Precast segment reported revenue of RM69.8 million and profit before tax of RM5.8 million compared to revenue of RM98.9 million and profit before tax of RM22.1 million in the corresponding six months period of the preceding financial year.

2Q18 vs 1Q18:
The Group recorded revenue of RM544.3 million and profit before tax of RM45.2 million for the current quarter ended 30 June 2018, compared to revenue of RM529.2 million and profit before tax of RM43.7 million in the immediate preceding quarter. The Group's revenue increased by 2.9% mainly due to construction segment.

Construction segment reported revenue of RM511.6 million and profit before tax of RM43.0 million compared to revenue of RM492.1 million and profit before tax of RM40.1 million in the immediate preceding quarter. Higher revenue recorded in current quarter was mainly due to higher turnover from both Building and Civil segment.

Precast segment reported revenue of RM32.7 million and profit before tax of RM2.2 million compared to revenue of RM37.1 million and profit before tax of RM3.6 million in the immediate preceding quarter.

Prospects:
SunCon group's outstanding order book as at June 2018 stands at RM5.8 billion with RM854 million new order book win in first six months 2018. They maintain their new order book target of RM1.5 billion for the financial year 2018 based on their existing active tender activities and potential in-house projects.

Malaysia’s gross domestic product (GDP) is projected to grow by 5.5% to 5.6% in the second quarter (Q2) from 5.4% in the first quarter of this year, a sign that Malaysia’s economy is gaining momentum under the new Pakatan Harapan government’s economic policy. SunCon will be mitigating the anticipated slow down in the local construction growth from in-house projects by its holding company, Sunway Berhad which traditionally has been contributing approximate 40% of their revenue and also overseas expansion. Their parent company is now on an aggressive stance to expand its medical centre and developing its Penang and Seberang Jaya landbank. Despite the anticipation that their top line might be affected, they are confident that they will continue to have a sustained growth compared to financial year 2017. On the risk aspect, average price of steel bar prices has dropped by approximately 10% since December 2017 month's price of RM2,700 per tonne. Coupled with low cement prices, raw material cost can expect some savings going forward.

Despite the negative growth in construction segment seen in Singapore for first quarter 2018, it is expected that the construction sector is likely to bottom out, as property market is forecast to recover in 2018. Their precast unit which predominantly operates in Singapore should be resilient due to it's healthy outstanding order which stands at RM183 million. This translates to approximately one year of turnover which is a norm based on its shorter contract duration. The Housing and Development Board (HDB) reports that a total of 7,634 units of flats have been launched up to May 2018 (2017 : 17,593; 2016 : 17,891 units). This is the first tranche of 17,000 BTO flats to be launched in 2018. With the healthy flow of HDB unit launches reported, prospect of this division for year ending 2018 should be reasonable, albeit margin pressure due to stiff competition and higher rebar prices. Based on the above and barring any unforeseen circumstances, SunCon expects to perform satisfactorily in the financial year ending 2018.
------------------------------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

1) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.875 in 1 month 27 day, total return is 22.4%

2) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.40 in 3 months 1 day, total return is 10.6%

3) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.86 in 3 months 8 day, total return is 8.2%

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/

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Final decision is always yours, thank you.

James Ng