[KKB ENGINEERING BHD:除了Sapura Fabrication Sdn Bhd的合同,还获得了Petronas Carigali私人有限公司的另一份合同,继续参与计划中的砂拉越州水网实施项目下的新项目,特别是基础设施或建筑和钢铁相关工程]
与去年相比:
集团目前的季度收入为1.122亿令吉(2017年第3季度:4,930万令吉),来自工程和制造业的收入分别为9,980万令吉(3Q17:4,560万令吉)及1240万令吉(3Q17:RM370万)。QoQ,收入增长了一倍以上,主要归因于集团土木建筑和工程部门内的钢铁制造部门的收入增加,加上集团钢管制造部门的收入增加。
同样,集团的税前利润飙升55.7%至1,060万令吉(2017年第3季度:680万令吉)。由于工程和制造业的收入增加,制造业(特别是钢管制造部门)的利润率提高,为集团的整体利润改善做出了贡献。
截至2018年9月30日止九个月期间的综合收入及税前利润为2.699亿令吉及1,640万令吉,较去年同期大幅改善。收入和税前利润均分别超过前一年的12个月收入和税前利润约为29%和156.7%。
工程部门:
工程部门在2018年第3季度的表现有所改善,收入为9,980万令吉,而2017年第3季度则为4,560万令吉,使其年初至今的收入达到2.343亿令吉(2017年9个月:1.293亿令吉)。增加的原因是收入确认主要来自子公司(即KKBWCT Joint Venture Sdn Bhd)开展的砂拉越州拟议的婆罗洲高速公路(第一期工程包裹合同 - WPC-09)相关的工作,从2016年第4季度开始。
集团的钢铁制造部门本季度和今年迄今为止的收入分别为3970万令吉(2017年第3季度:2000万令吉)和7880万令吉(2017年9个月:5260万令吉)。由Petronas Carigali私人有限公司于2018年3月颁发的D28第一期Provision of Engineering, Procurement, Construction, Installation and Commissioning of Wellhead Platforms项目已开始为集团的盈利做出贡献。
制造业:
本季度的综合收入为1240万令吉,比起去年相应的季度370万令吉来了强劲反弹,主要归功于钢管制造部门的强劲表现。集团钢管制造部门的总收入为890万令吉,来自下属子公司Harum Bidang私人有限公司和KKB Industries(沙巴)私人有限公司,与去年同期仅相当于RM157K相比大幅增加。
与上一季度相比:
本季度显示许甲明的收入和税前利润均有所增长。收入增长20.4%,而税前利润较上一季度增长223.1%。集团税前利润增长百分比超过收入增长百分比主要是由于制造业毛利率较高,特别是钢管制造部门,加上集团钢铁制造部门在工程部门的利润率提高。
前景:
2018年7月,除了Sapura Fabrication Sdn Bhd颁发的Provision of Procurement and Construction for Wellhead Deck, Pipes and Conductors for the Pegaga Development Project (Mubadala Petroleum) in Block SK320, offshore waters of Sarawak项目之外,OceanMight私人有限公司(KKB的子公司)还获得了Petronas Carigali私人有限公司的另一份合同,为D18第二期项目Provision of Engineering, Procurement, Construction and Commissioning of Wellhead Platforms。
管理层继续参与计划中的砂拉越州水网实施项目下的新项目,特别是基础设施或建筑和钢铁相关工程。除非出现任何不可预见的情况,由于现有的合同以及正在进行的建设工程,以促进沙捞越州的婆罗洲公路建设和升级(第一期工程包裹合同 - WPC-09),KKB集团预计其工程和制造业将在2018年结束的财政年度实现可持续增长。
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James Ng Stock Pick Performance:
Since Recommended Return:
a) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.22 in 1 month 20 days, total return is 26.4%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.00 in 1 month 27 days, total return is 25%
c) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.87 (dividend RM0.007) in 5 months 30 days, total return is 22.7%
d) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.955 in 7 months 12 days, total return is 20.1%
e) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.21 (dividend RM0.0375) in 3 months 29 days, total return is 18.9%
f) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.01 in 1 month 14 day, total return is 18.8%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.33 (dividend RM0.035) in 2 months 25 days, total return is 7.5%
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。
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[KKB ENGINEERING BHD: secured another contract from Petronas Carigali Sdn Bhd, in addition to the award from Sapura Fabrication Sdn Bhd, continues to participate in new projects, in particular infrastructures or construction and steel related works under the planned Sarawak State Water Grid Implementation Project]
Compared with last year:
The Group’s current quarter revenue of RM112.2 million (3Q17: RM49.3 million) comprises revenue from the Engineering and Manufacturing sectors of RM99.8 million (3Q17: RM45.6 million) and RM12.4 million (3Q17: RM3.7 million) respectively. Quarter on quarter, revenue rose by more than double, mainly attributed to higher revenue recognition from the Group’s Civil Construction and Steel Fabrication divisions within the Engineering sector coupled with improved revenue of the Group’s Steel Pipes manufacturing division.
Similarly, the Group’s pre-tax profit soared 55.7% to reach RM10.6 million (3Q17: RM6.8 million). Improved margin from the Manufacturing sector in particular the steel pipes manufacturing division have contributed to the Group’s overall improved bottom line on the back of higher revenue achieved by both the Engineering and Manufacturing sectors.
Consolidated revenue and pre-tax profit for the nine months period ended 30 September 2018 of RM269.9 million and RM16.4 million, improved significantly compared to the preceding year corresponding period. Both revenue and pre-tax profit have surpassed the preceding year twelve months revenue and pre-tax profit by about 29% and 156.7% respectively.
Engineering Sector:
The Engineering Sector has improved its performance for the 3rd Quarter 2018 with revenue of RM99.8 million as compared to the preceding year 3rd Quarter 2017 of RM45.6 million, bringing its year-to-date revenue to RM234.3 million (9 months 2017: RM129.3 million). The increase is attributed to the revenue recognition mainly from the jobs in hand associated with the Proposed Pan Borneo Highway in the State of Sarawak (Phase 1 Works Package Contract – WPC-09) undertaken by the subsidiary Company i.e KKBWCT Joint Venture Sdn Bhd which commenced from the 4th Quarter 2016 onwards.
The Group’s Steel Fabrication division saw higher revenue for the quarter and year-to-date of RM39.7 million (3Q17: RM20.0 million) and RM78.8 million (9 months 2017: RM52.6 million), respectively. The D28 Phase 1 project for the Provision of Engineering, Procurement, Construction, Installation and Commissioning of Wellhead Platforms, awarded in March 2018 from Petronas Carigali Sdn Bhd has started to contribute to the Group’s earnings.
Manufacturing Sector:
Current quarter’s consolidated revenue of RM12.4 million rebounded strongly as compared to the preceding year corresponding quarter of RM3.7 million, mainly attributed to strong performance of the Steel Pipes manufacturing division. The Group’s Steel Pipes manufacturing division under subsidiary companies, Harum Bidang Sdn Bhd and KKB Industries (Sabah) Sdn Bhd registered aggregate revenue of RM8.9 million, a significant increase as compared to the preceding year corresponding quarter of merely RM157K.
Compared with preceding quarter:
Current quarter shows an increase in both the Group’s revenue and pre-tax profit. Revenue improved by 20.4%, while pre-tax profit rose by 223.1% compared to the preceding quarter. The improvement in pre-tax profit in excess of the group’s revenue in percentage term was mainly due to higher gross profit margin registered by the Manufacturing sector, specifically Steel Pipes manufacturing division coupled with improved margin of the Group’s Steel Fabrication division within the Engineering sector.
Prospects:
In July 2018, OceanMight Sdn Bhd (KKB’s subsidiary) secured another contract from Petronas Carigali Sdn Bhd for the Provision of Engineering, Procurement, Construction and Commissioning of Wellhead Platforms for D18 Phase 2 Project, in addition to the award from Sapura Fabrication Sdn Bhd for the Provision of Procurement and Construction for Wellhead Deck, Pipes and Conductors for the Pegaga Development Project (Mubadala Petroleum) in Block SK320, offshore waters of Sarawak.
Management continues to participate in new projects, in particular infrastructures or construction and steel related works under the planned Sarawak State Water Grid Implementation Project. With the existing contracts in hand and the on-going construction works for the development and upgrading of the Proposed Pan Borneo Highway in the State of Sarawak (Phase 1 Works Package Contract – WPC-09), KKB Group remained optimistic that both its Engineering and Manufacturing sectors will perform favourably towards a sustainable growth for the financial year ending 2018, barring any unforeseen circumstances.
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James Ng Stock Pick Performance:
Since Recommended Return:
a) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.22 in 1 month 20 days, total return is 26.4%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.00 in 1 month 27 days, total return is 25%
c) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.87 (dividend RM0.007) in 5 months 30 days, total return is 22.7%
d) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.955 in 7 months 12 days, total return is 20.1%
e) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.21 (dividend RM0.0375) in 3 months 29 days, total return is 18.9%
f) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.01 in 1 month 14 day, total return is 18.8%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.33 (dividend RM0.035) in 2 months 25 days, total return is 7.5%
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.
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James Ng
Created by James Ng | Sep 18, 2024