[THONG GUAN INDUSTRIES BHD：额外的拉伸薄膜生产线已于2019年第一季度开始生产]

当前季度 - 收入：
截至2018年12月31日（4Q18）的当前季度，通源工业的收入为2.191亿令吉，而2017年12月31日（2017年第4季度）的收入为2.0954亿令吉。与2017年第4季度相比，通源工业塑料及石油产品的销售于4Q18增加5.8％。这主要是由于拉伸薄膜销售的改善。

本季度 - 税前利润（PBT）：
截至2018年12月31日（4Q18）的本季度，集团的塑料产品部门录得PBT为2,453万令吉，而其食品，饮料及其他消费品部门录得亏损343万令吉，而2017年第4季度分别录得利润325万令吉及亏损379万令吉 。本季度税前利润较高主要是由于美元升值导致其出口销售价格上涨。食品，饮料及其他消耗品部门录得亏损，主要由于餐厅业务经营亏损及资产减值所致。

累计期 - 收入：
于二零一八年，通源工业塑胶产品部门的收入增长3.8％或增加2958万令吉。通源工业的食品，饮料及其他消耗品部门亦实现1.5％或84万令吉的增长。 2018年的总收入为8.6162亿令吉，较去年同期的8.312亿令吉增长3.7％。收入增加的主要原因是其拉伸薄膜，工业袋和PVC食品包装的出口销售增加。

累计期 - 税前利润（PBT）：
截至2018年12月31日止年度，通源工业的塑料产品部门税前利润为5,917万令吉（2017年：5,291万令吉），而其食品，饮料及其他消耗品部门录得亏损552万令吉（2017年：亏损223万令吉）。 2018年税前利润增加主要是由于拉伸薄膜，工业袋和PVC食品包装的销售增加。食品，饮料及其他消费品部门录得税前亏损，主要是由于其餐厅业务及其有机面部门经营亏损及资产减值所致。

与前一季度的结果比较：
与前一季度相比，通源工业税前利润的改善主要是由于塑料产品的毛利率有所改善，原因是由于美元兑MYR升值而转换为MYR后销售价格较高（与3Q18相比）。

前景：
截至2018年12月31日止年度，通源工业收入录得3.7％的适度增长。通源工业正努力为其产品寻找新客户及市场。额外的拉伸薄膜生产线已于2019年第一季度开始生产。随着额外产能的投产，通源工业乐观地继续增加其销量和收入。除非出现任何不可预见的情况，否则通源工业预期将于下一个财政年度及以后继续发展业务。
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James Ng Stock Pick Performance:
Since Recommended Return:

a) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.25 in 3 months 6 days, total return is 56.3%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.23 in 8 months 21 days, total return is 54.7%

c) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.965 (dividend RM0.015) in 7 months 10 days, total return is 37.1%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.77 in 1 month 28 days, total return is 33.9%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 in 2 months 27 days, total return is 29.5%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.33 (dividend RM0.0375) in 5 months 8 days, total return is 25.3%

g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.98 in 2 months 23 day, total return is 15.3%

h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.62 (dividends RM0.02) in 5 months 21 days, total return is 14.7%

i) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.19 in 2 months 2 days, total return is 14.4%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.38 (dividend RM0.035) in 4 months 4 days, total return is 11.4%

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
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日期：4月21日星期日
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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
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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/2218984575034951 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

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
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[THONG GUAN INDUSTRIES BHD: additional stretch film production line has completed commissioning in the first quarter of 2019]

Current Quarter - Revenue:
For the current quarter ended 31 December 2018 (4Q18), the Group registered a revenue of RM219.10 million as compared to RM209.54 million recorded in 31 December 2017 (4Q17). The sales of the Group's Plastic and petroleum products increased by 5.8% in 4Q18 as compared to 4Q17. This was mainly contributed by the improvement of stretch film sales.

Current Quarter - Profit Before Tax (PBT):
For the current quarter ended 31 December 2018 (4Q18), the Group's plastic products division recorded a PBT of RM24.53 million while its food, beverages and other consumable products division recorded a loss of RM3.43 million as compared to profits of RM3.25 million and loss of RM3.79 million respectively recorded in 4Q17. Higher profit before tax for the current quarter was mainly due to the better selling prices of its export due to the appreciation of the USD. The food, beverages & other consumable products, division recorded a loss due mainly to the operating losses and impairment of assets from its restaurant operations.

Cumulative Period - Revenue:
For the year 2018, the Group recorded a growth in revenue of 3.8% or RM29.58 million increase for its plastic products division. The Group also achieved a 1.5% or RM0.84 million growth in its food, beverages and other consumable products division. The total revenue for the year 2018 is RM861.62 million, a growth of 3.7% as compared to the preceeding year's corresponding year of RM831.20 million. The increase in revenue was mainly contributed by the increase in export sales of its stretch film, industrial bags and PVC food wrap.

Cumulative Period - Profit before Tax (PBT):
The Group's profit before tax for the year ended 31 December 2018 is RM59.17 million (2017: RM52.91 million) for its plastic products division while its food, beverages and other consumable products division recorded a losses of RM5.52 million (2017: losses of RM2.23 million). The higher profit before tax for year 2018 was mainly due to the increase of sale from stretch film, industrial bag and PVC food wrap. The food, beverages and other consumable products division recorded a loss before tax mainly due to the operating losses and impairment of assets from its restaurant operations and its organic noodle division.

Comparison with immediate preceding quarter’s results:
The improvement in the Group's profit before tax as compared to the immediate preceding quarter was mainly due to the improvement on gross margin in plastic products due to the higher selling prices when translated to MYR as a result of the appreciation of the USD against MYR during the current quarter as compared to 3Q18.

Prospects:
For the year ended 31 December 2018, the Group recorded a modest 3.7% growth in revenue. The Group is working hard to look for new customers and markets for its products. The additional stretch film production line has completed commissioning in the first quarter of 2019. With the additional capacity coming on stream, the Group is optimistic to continue to grow its sales volume and revenue. Barring any unforseen circumstances, the Group expects to continue to grow its business in the next financial year and beyond.
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James Ng Stock Pick Performance:
Since Recommended Return:

a) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.25 in 3 months 6 days, total return is 56.3%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.23 in 8 months 21 days, total return is 54.7%

c) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.965 (dividend RM0.015) in 7 months 10 days, total return is 37.1%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.77 in 1 month 28 days, total return is 33.9%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 in 2 months 27 days, total return is 29.5%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.33 (dividend RM0.0375) in 5 months 8 days, total return is 25.3%

g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.98 in 2 months 23 day, total return is 15.3%

h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.62 (dividends RM0.02) in 5 months 21 days, total return is 14.7%

i) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.19 in 2 months 2 days, total return is 14.4%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.38 (dividend RM0.035) in 4 months 4 days, total return is 11.4%

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/2218984575034951 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