[UNITED U-LI CORP BHD：会因各种主要基建项目的预期复苏而保持乐观，其电缆支持系统和电气照明及Fittings产品的国内需求将继续增长，而出口市场的前景预计将保持稳定，特别是在东盟国家]

YTD18 vs YTD17:
截至2018年12月31日止期间，友谊的除税前溢利为668.3万令吉，低于先前相应的税前利润2735.3万令吉，主要由于折旧/摊销成本增加，净外汇收益减少及销售商品的利润率降低所致。

电缆支持系统：
截至2018年12月31日止的本财政期间，该业务部门录得收入1.62968亿令吉，而去年同期则为1.59548亿令吉，略微增加2.1％。

电气照明和Fittings：
截至2018年12月31日止的本财政期间，该业务部门录得略高的收入4055.1万令吉，而去年同期则为4,041.3万令吉。

4Q18 vs 4Q17：
截至2018年12月31日止友谊的收入为4842.6万令吉，低于上一个相应季度的5208.5万令吉，主要是由于Cable Support Systems部门和Electrical Lighting and Fittings部门的收入贡献减少。

电缆支持系统：
本季度的税前利润为141.8万令吉，高于上一季度的55万令吉。这主要是由于销售和分销费用较低以及本季度所售商品的利润率略高。

电气照明及Fittings：
本季度，该部门的税前利润为5.4万令吉，而上一季度为196.4万令吉，主要原因是劳务费用增加，促销费用增加以及本季度所产生的收入减少。

4Q18 vs 3Q18：
就本季度而言，友谊的税前利润为144.1万令吉，较上一季度的310.8万令吉较低。

前景：
友谊预计2019年的前景将极具挑战性，但仍会因各种主要基建项目的预期复苏而保持乐观。其电缆支持系统和电气照明及Fittings产品的国内需求将继续增长，而出口市场的前景预计将保持稳定，特别是在东盟国家。由于本地及全球市场状况仍不明朗，友谊将继续在其所有业务往来中谨慎行事。友谊将继续致力于进一步提升产品质量和满足客户需求，同时保持高效运营。
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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 RM1.35 in 3 months 17 days, total return is 68.8%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.26 in 9 months 1 day, total return is 58.5%

c) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.81 in 2 months 13 days, total return is 40.9%

d) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.99 (dividend RM0.015) in 7 months 21 days, total return is 40.6%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.26 in 3 months 10 days, total return is 30.6%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.31 (dividend RM0.0375) in 5 months 19 days, total return is 24.2%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.66 (dividends RM0.02) in 6 months 2 days, total return is 17.5%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 3 months 2 days, total return is 13.5%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 4 months 15 days, total return is 13%

j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.17 in 2 months 13 days, total return is 12.5%

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。

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
时间：11a.m. – 7p.m

日期：4月21日星期日
地点：G Inn Hotel, George Town (Penang)

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
地点：Hotel Sri Petaling, KL (包括免费3份点心，茶和咖啡)

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/2224010674532341 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

请大家来Follow James的Instagram，获取最新的资讯： https://www.instagram.com/p/Bvx8qDlFyU-

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
--------------------------------
[UNITED U-LI CORP BHD: remains positive with the expected revival of various major infrastructure projects, domestic demand for their Cable Support Systems and Electrical Lighting and Fittings products will continue to grow while the outlook for export market is expected to be stable especially in ASEAN countries]

YTD18 vs YTD17:
The Group’s profit before taxation for the period ended 31 December 2018 of RM6.683 million was lower than the previous corresponding profit before taxation of RM27.353 million, mainly due to higher depreciation/amortization costs, lower net forex gain and lower profit margin achieved on goods sold.

Cable Support Systems:
For the current financial period ended 31 December 2018, this business segment registered a revenue of RM162.968 million as compared to RM159.548 million in the previous corresponding period, a marginal increase of 2.1% comparatively.

Electrical Lighting and Fittings:
For the current financial period ended 31 December 2018, this business segment registered a marginally higher revenue of RM40.551 million as compared to RM40.413 million in the previous corresponding period.

4Q18 vs 4Q17:
The Group’s revenue for the current quarter ended 31 December 2018 of RM48.426 million was lower than the previous corresponding quarter of RM52.085 million, mainly due to lower revenue contribution from both Cable Support Systems division and the Electrical Lighting and Fittings division.

Cable Support Systems:
Profit before taxation for the current quarter of RM1.418 million was higher as compared to RM0.550 million in the previous corresponding quarter. This is mainly due to lower selling and distribution expenses and marginally higher profit margin achieved on goods sold during the quarter under review.

Electrical Lighting & Fittings:
For the current quarter, this division made a profit before taxation of RM0.054 million as compared to RM1.964 million in the previous corresponding quarter, mainly due to higher labour charges, higher promotional expenses and lower revenue generated during the quarter under review.

4Q18 vs 3Q18:
For the quarter under review, the Group’s profit before taxation of RM1.441 million is lower as compared to RM3.108 million in the immediate preceding quarter.

Prospects:
The Group anticipates that the outlook in 2019 to be extremely challenging but still remains positive with the expected revival of various major infrastructure projects. Domestic demand for their Cable Support Systems and Electrical Lighting and Fittings products will continue to grow while the outlook for export market is expected to be stable especially in ASEAN countries. The Group will continue to exercise caution in all its business dealings as local and global market conditions remain uncertain. The Group will continue its efforts to further improve on product quality and customers’ needs while maintaining efficient operations.
--------------------------------------------------------------------------
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 RM1.35 in 3 months 17 days, total return is 68.8%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.26 in 9 months 1 day, total return is 58.5%

c) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.81 in 2 months 13 days, total return is 40.9%

d) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.99 (dividend RM0.015) in 7 months 21 days, total return is 40.6%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.26 in 3 months 10 days, total return is 30.6%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.31 (dividend RM0.0375) in 5 months 19 days, total return is 24.2%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.66 (dividends RM0.02) in 6 months 2 days, total return is 17.5%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.965 in 3 months 2 days, total return is 13.5%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 4 months 15 days, total return is 13%

j) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.17 in 2 months 13 days, total return is 12.5%

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.

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/2224010674532341 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