[WTK HOLDINGS BHD：预计这集团主要出口市场印度的原木需求将保持疲软，主要原因是INR兑美元大幅走低，胶合板部门的销售继续面临日本国内胶合板供应以及印尼进口胶合板的竞争]

于本季度（4Q2018），这集团持续经营业务收入为2.189亿令吉，而去年同期则为2亿2450万令吉（「2017年第4季度」），减少560万令吉或2.5％。报告的收入下降主要是由于种植园和制造及贸易部门的销售额分别下降了280万令吉和180万令吉，而木材和其他部门的销售额则略微分别下降了RM70万和RM30万。

税前利润增加的主要原因是其他部门的税前亏损减少700万令吉，但部分被木材部门的税前利润减少160万令吉以及种植部门税前亏损增加510万令吉所抵消。

持续运营的部门：
木材：
4Q18 vs 4Q17：
在本季度，木材部门的收入为1.808亿令吉，较2017年第四季度的1.815亿令吉略微减少了70万令吉或0.4％。收入减少主要是由于原木部门录得的销售额减少2,010万令吉，但部分被胶合板部门的销售额增加1,940万令吉所抵消。

原木部门录得的收入减少主要是由于印度卢比对美元贬值及市场需求放缓导致原木出口销售减少3310万令吉，继续拖累出口量和销售价格走低。该部门记录税前亏损为290万令吉（2017年第四季度：税前利润为960万令吉），因为与出口等级原木相比，本地销售的原木利润率较低。该木材部门本季度的税前利润为1600万令吉，而2017年第四季度则为1760万令吉。

YTD18 vs YTD17：
收入增加主要是由于胶合板部门的销售收入增加了960万令吉，但部分被原木部门的贡献减少了140万令吉抵消。对于原木部门，出口销售收入在12M2018下降了6,750万令吉，而12M2017则主要由于美元兑印度卢比的强劲增加导致印度买家大幅减少订单或推迟部分出货以期他们的货币反弹。尽管销售额略有下降，但该部门在12M2018（12M2017：税前利润为1220万令吉）录得税前亏损920万令吉，因为与出口等级原木相比，本地销售的原木利润率较低。12M2018，木材部门的税前利润为2100万令吉，而12M2017则为3360万令吉。

4Q18 vs 3Q18：
原木部门税前亏损290万令吉（3Q2018：税前利润为70万令吉），因为与出口等级原木相比，本地销售的原木利润率较低。

种植：
4Q18 vs 4Q17：
种植业部门在4Q2018的收入为2,230万令吉，而2017年第四季度则为2510万令吉，减少了280万令吉或11.2％，主要是由于fresh fruit bunch（“FFB”）的销售下降310万令吉，但部分被其棕榈油厂的销售额增加了30万令吉所抵消。

在油棕地区，FFB销售额较低，为740万令吉（2017年第四季度：1,040万令吉），主要是由于平均销售价格下跌33.5％，尽管销售量增长了6.0％。因此，该季度的税前亏损扩大至520万令吉（2017年第四季度：280万令吉）。此外，这集团已采纳MFRS 141及116，使成本影响400万令吉（2017年第4季度：190万令吉）。该厂于4Q2018录得较低的税前利润260万令吉（2017年第4季度：320万令吉），主要是由于油提取率（“OER”）和籽粒提取率（“KER”）的增加较低。总体而言，该部门在4Q2018的税前亏损从2017年第四季度的150万令吉扩大至六百六十万令吉。

YTD18 vs YTD17：
收入增加主要归因于棕榈油厂销售额增加2990万令吉，但部分被FFB销售额减少460万令吉所抵销。另一方面，FFB销售额减少3,230万令吉（12M2017：3,690万令吉），主要由于FFB销售价格下跌25.7％，尽管销量增加17.8％。由于收入减少以及运营成本增加，种植园税前营运亏损在12M2018扩大至2120万令吉，而12M2017则为1,120万令吉。此外，这集团采纳MFRS 141及116后确认于12M2018（12M2017：930万令吉）的成本影响为1,200万令吉。总体而言，该部门的税前亏损于12M2018扩大至2,680万令吉，而12M2017是1780万令吉。

4Q18 vs 3Q18：
由于棕榈油厂业务销售收入增加200万令吉，种植园部门4Q2018收入从3Q2018的2220万令吉略微增加了10万令吉或0.5％至2230万令吉，部分被FFB销售额减少了190万令吉抵消。

就本季度而言，种植园销售收入为740万令吉（3Q2018：920万令吉），原因是FFB销售量和平均销售价格分别下降7.2％和14.3％（对比上一季度）。因此，种植园在4Q2018（3Q2018：480万令吉）的税前亏损为520万令吉。此外，这集团于采纳MFRS 141及116后确认本季度（3Q2018：260万令吉）的成本影响为400万令吉。因此，该部门报告税前亏损略高为660万令吉，从上一季度报告的610万令吉增加了50万令吉。

制造和贸易：
4Q18 vs 4Q17：
该部门于二零一八年第四季录得收入1,560万令吉，而2017年第四季则录得1,740万令吉，其中包括因采纳MFRS 15而导致收入减少90万令吉（2017年第四季度：100万令吉）。 如果没有MFRS 15的影响，该部门于4Q2018的收入为1,650万令吉，较2017年第四季的1,840万令吉减少190万令吉或10.3％，主要由于本地销售减少所致。由于2018年6月1日至2018年8月31日期间经销商有提高库存的活动（因为商品和服务税（GST）税率设定为零，以及在2018年9月1日生效的销售和服务税（”SST“）实施之前），因此4Q2018的本地销售下降归因于4Q2018的高库存水平。因此，该部门的税前利润从110万令吉略微下降至90万令吉，由于销售额下降以及外币波动的影响。

YTD18 vs YTD17：
12M2018，该部门的收入为6,760万令吉，而12M2017为7080万令吉，其中包括因采纳MFRS 15而导致收入减少90万令吉（12M2017：RM100万）。剔除MFRS 15的影响，该部门的12M2018收入报告为6,850万令吉，而12M2017则为7,180万令吉，减少330万令吉或4.6％。这主要是由于澳大利亚，泰国和香港的遮蔽胶带需求减少导致出口销售收入减少，加上马来西亚令吉（“RM”）对美元的强势增长，相比12M2017之下溢价6.5％。此外，新加坡子公司因新加坡元（“SGD”）兑换RM的汇率贬值4.0％，使出口销售收入进一步下降。因此，12M2018的税前利润为640万令吉，而12M2017则为710万令吉，相应减少了70万令吉或9.9％，同时来自其新加坡子公司的销售减少和新元兑换RM的汇率贬值减少。

4Q18 vs 3Q18：
该部门于二零一八年第四季录得收入1,560万令吉，而二零一八年第三季则录得1,940万令吉，其中包括因采纳MFRS 15而导致收入减少90万令吉（3Q2018：无）。剔除MFRS 15的影响，该部门4Q2018的收入为1,650万令吉，较3Q2018的1,940万令吉减少了290万令吉或14.9％。收入减少主要是由于本地及出口销售分别减少190万令吉及1百万令吉。由于经销商在零利率商品及服务税期间及2018年9月1日实施的SST之前的提高库存活动导致4Q2018的本地销售下降，原因是由于经销商的库存较高，而本季度的出口销售额较低（主要是由于遮蔽胶带的需求减少）。因此，该部门于二零一八年第四季录得较低的税前利润100万令吉，相比于二零一八年第三季的250万令吉减少150万令吉或60.0％，因为收入减少及考虑到准备奖金。

其他：
4Q18 vs 4Q17：
该部门4Q2018的收入为30万令吉，与2017年第四季度的50万令吉相比，略微减少了20万令吉或40.0％，主要是由于短期存款利息收入减少。该部门在4Q2018的税前亏损为340万令吉，而2017年第四季度则为1,040万令吉。于二零一八年第四季度的税前亏损主要是由于AMV签订的繁重合同的拨备拨回而导致石油及天然气部门的全资附属公司Alanya Marine Ventures Sdn Bhd（「AMV」）拆分净额减少310万令吉。

YTD18 vs YTD17：
截至12M2018，该部门的收入为170万令吉，与12M2017的210万令吉相比，略微减少了40万令吉或19.0％。这主要是由于短期存款的利息收入减少。

4Q18 vs 3Q18：
4Q2018的收入报告为RM30万，较二零一八年第三季的50万令吉略微减少20万令吉或40.0％。这主要是由于短期存款的利息收入减少。然而，该部门于二零一八年第四季录得较高的税前亏损340万令吉，而二零一八年第三季则为60万令吉，主要由于AMV因合约拨备拨回而导致AMV拆分的净收益减少。

前景：
世界主要经济体（即美利坚合众国及其贸易伙伴）之间持续的贸易紧张局势以及紧缩的货币政策继续增加全球经济增长前景的不确定性。长期的不确定性也可能抑制该地区经济的增长。鉴于持续的经济事件及商品价格的波动，这集团将对业务活动前景保持谨慎。

木材：
预计这集团主要出口市场印度的原木需求将保持疲软，主要原因是INR兑美元大幅走低。这集团短期内对原木出口市场持谨慎态度。胶合板部门的销售继续面临日本国内胶合板供应以及印尼进口胶合板的竞争。因此，从海外进口到日本市场的胶合板正在经历销售价格和量减少的下行压力。鉴于这种情况，日本贸易公司只选择进口高端地板胶合板，因为它们的国内胶合板能够以较低的成本替代通用胶合板。

种植：
由于印度尼西亚的CPO价格保持疲软，该集团的种植部门预计将迎来充满挑战的一年。

制造和贸易：
虽然美国和中国之间持续的贸易紧张局势并没有显着影响他们对中国的销售，但国内和海外市场的竞争仍然激烈，原材料价格上涨。面对充满挑战的经济环境，这集团决心持续采取适当措施，在国内及海外市场保持竞争力，以维持其市场份额及盈利能力。鉴于生产成本上升对该部门盈利能力的不利影响，这集团将继续研究其原材料的替代计划，同时不影响产品质量。
---------------------------------------------------------------
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 RM1.42 in 3 months 18 days, total return is 77.5%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.24 in 9 months 2 day, total return is 56%

c) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.05 (dividend RM0.015) in 7 months 22 days, total return is 49%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.82 in 2 months 14 days, total return is 42.6%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 in 3 months 11 days, total return is 29.5%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.40 (dividend RM0.0375) in 5 months 20 days, total return is 29%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.64 (dividends RM0.02) in 6 months 3 days, total return is 16.1%

h) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.20 in 2 months 14 days, total return is 15.4%

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

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.39 (dividend RM0.035) in 4 months 16 days, total return is 12.2%

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

【看懂年报和季报】课程
时间：11a.m. – 7p.m

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
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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/2229034960696579 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

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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
------------------------------
[WTK HOLDINGS BHD: Demand for logs from the Group’s main export market, India, is expected to remain soft, mainly due to broadly lower INR against the USD, plywood segment sales continue to face competition from Japanese domestic plywood supply as well as imported plywood from Indonesia]

For the quarter (“4Q2018”) under review, the Group’s revenue from its continuing operation was RM218.9 million as compared to RM224.5 million in the preceding year corresponding quarter (“4Q2017”), representing a decrease of RM5.6 million or 2.5%. The lower revenue reported was mainly attributed to lower sales by plantation and manufacturing & trading divisions of RM2.8 million and RM1.8 million, respectively, while timber and others divisions sales was marginally lower by RM0.7 million and RM0.3 million, respectively.

Higher profit before tax was mainly attributed to lower loss before tax by others division by RM7.0 million, but was partially offset by lower profit before tax for the timber division by RM1.6 million and an increase in the loss before tax for the plantation division by RM5.1 million.

Continuing Operations:
Timber:
4Q18 vs 4Q17:
For the current quarter, the timber division recorded a revenue of RM180.8 million, representing a slight decrease of RM0.7 million or 0.4%, as compared to RM181.5 million in 4Q2017. The lower revenue was mainly attributed to lower sales recorded by the log segment of RM20.1 million, but was partially offset by the higher sales of plywood segment by RM19.4 million.

The lower revenue recorded by the log segment was mainly attributed to decrease in export sales of logs by RM33.1 million, as the effect from the depreciation of Indian Rupee (“INR”) against United States Dollar (“USD”) and slower market demand continued to drag both the export volume and selling prices lower. The segment recorded a loss before tax of RM2.9 million (4Q2017: profit before tax of RM9.6 million) as logs sold locally fetch a lower margin as compared to export grade logs. The timber division recorded a lower profit before tax of RM16.0 million in the current quarter, as compared to RM17.6 million in 4Q2017.

YTD18 vs YTD17:
The higher revenue was mainly attributed to increased sales revenue from the plywood segment by RM9.6 million, but was partially offset by lower contribution from the log segment by RM1.4 million. For log segment, revenue derived from export sales declined by RM67.5 million during 12M2018 as compared to 12M2017 mainly due to stronger USD against INR had caused buyers from India to significantly reduced their orders or delayed some of their shipments in the hope of a rebound in their currency. Despite a marginal decrease in sales, the segment recorded a loss before tax of RM9.2 million in 12M2018 (12M2017: profit before tax of RM12.2 million) as logs sold locally derived a lower margin as compared to export grade logs. The timber division recorded a lower profit before tax of RM21.0 million in 12M2018 as compared to RM33.6 million achieved in 12M2017.

4Q18 vs 3Q18:
The log segment recorded a loss before tax of RM2.9 million (3Q2018: profit before tax of RM0.7 million) as logs sold locally fetch a lower margin as compared to export grade logs.

Plantation:
4Q18 vs 4Q17:
Plantation division recorded a revenue of RM22.3 million in 4Q2018 as compared to RM25.1 million in 4Q2017, representing a decrease of RM2.8 million or 11.2%, mainly attributed to the decline in fresh fruit bunch (“FFB”) sales of RM3.1 million, but was partially offset by higher sales from its palm oil mill by RM0.3 million.

On the oil palm estates, lower FFB sales was recorded at RM7.4 million (4Q2017: RM10.4 million) mainly due to 33.5% drop in the average selling price, despite sales volume grew by 6.0%. As a result, its loss before tax for the quarter widened to RM5.2 million (4Q2017: RM2.8 million). Additionally, the Group had recognised the costs impact of RM4.0 million (4Q2017: RM1.9 million) from the adoption of MFRS 141 and 116. The mill recorded a lower profit before tax of RM2.6 million in 4Q2018 (4Q2017: RM3.2 million), mainly due to lower gain in oil extraction rate (“OER”) and kernel extraction rate (“KER”). Overall, the division’s loss before tax in 4Q2018 widened to RM6.6 million from RM1.5 million in 4Q2017.

YTD18 vs YTD17:
Higher revenue was mainly attributed to higher sales recorded by the palm oil mill by RM29.9 million, but was partially offset by lower FFB sales by RM4.6 million. On the other hand, lower FFB sales of RM32.3 million (12M2017: RM36.9 million) was mainly due to the weakening FFB selling price by 25.7% despite the sales volume increased by 17.8%. As a result of lower revenue coupled with increasing operational costs, the estate operations’ loss before tax widened to RM21.2 million during 12M2018 as compared to RM11.2 million in 12M2017. Additionally, the Group had recognised the costs impact of RM12.0 million during 12M2018 (12M2017: RM9.3 million) from the adoption of MFRS 141 and 116. Overall, the division’s loss before tax widened to RM26.8 million in 12M2018 as compared to RM17.8 million in 12M2017.

4Q18 vs 3Q18:
Plantation division’s revenue for 4Q2018 increased marginally by RM0.1 million or 0.5% to RM22.3 million from RM22.2 million in 3Q2018, on the back of increased sales revenue from palm oil mill operations by RM2.0 million which was partially offset by RM1.9 million decrease in FFB sales.

For the current quarter under review, the lower sales revenue from estate operations at RM7.4 million (3Q2018: RM9.2 million) was attributed to lower FFB sales volume and average selling prices by 7.2% and 14.3% respectively, as compared to the preceding quarter. Consequently, the estate operations recorded a higher loss before tax of RM5.2 million in 4Q2018 (3Q2018: RM4.8 million). Additionally, the Group had recognised the costs impact of RM4.0 million during the current quarter (3Q2018: RM2.6 million) from the adoption of MFRS 141 and 116. Accordingly, the division reported a marginally higher loss before tax of RM6.6 million, an increase of RM0.5 million from RM6.1 million reported in the preceding quarter.

Manufacturing and Trading:
4Q18 vs 4Q17:
The division recorded a revenue of RM15.6 million in 4Q2018 as compared to RM17.4 million in 4Q2017, which includes the reduction of revenue of RM0.9 million (4Q2017: RM1.0 million) arising from the adoption of MFRS 15. Excluding the impact of MFRS 15, the division’s revenue for 4Q2018 stood at RM16.5 million, representing a decrease of RM1.9 million or 10.3%, when compared to RM18.4 million in 4Q2017, mainly due to the decrease in local sales. Lower local sales in 4Q2018 was attributed to high stockholding level in 4Q2018 due to stock-up activities by dealers during the period between 1 June 2018 and 31 August 2018 where the Goods and Services Tax (GST) rate was set at zero percent (“zero rate GST period”), and prior to the implementation of Sales and Services Tax (“SST”) effective 1 September 2018. Consequently, the division’s profit before tax declined marginally from RM1.1 million to RM0.9 million in tandem with lower sales and the effect of foreign currency fluctuations.

YTD18 vs YTD17:
For 12M2018, the division registered a revenue of RM67.6 million as compared to RM70.8 million in 12M2017, which includes the reduction of revenue of RM0.9 million (12M2017: RM1.0 million) arising from the adoption of MFRS 15. Excluding the impact of MFRS 15, the division’s revenue for 12M2018 reported at RM68.5 million as compared to RM71.8 million in 12M2017, representing a decrease of RM3.3 million or 4.6%. This was mainly due to reduction in export sales revenue as a result of lower demand of masking tapes from Australia, Thailand and Hong Kong, coupled with the strengthening of Ringgit Malaysia (“RM”) against USD, which was at 6.5% premium as compared to 12M2017. Additionally, the lower export sales revenue was further compounded by a 4.0% exchange rate depreciation of Singapore Dollar (“SGD”) against RM from its Singapore subsidiary. Accordingly, a lower profit before tax of RM6.4 million was registered in 12M2018 when compared to RM7.1 million in 12M2017, representing a decrease of RM0.7 million or 9.9%, in tandem with lower sales and exchange rate depreciation of SGD against RM from its Singapore subsidiary.

4Q18 vs 3Q18:
The division recorded a revenue of RM15.6 million in 4Q2018 as compared to RM19.4 million in 3Q2018, which includes the reduction of revenue of RM0.9 million (3Q2018: Nil) arising from the adoption of MFRS 15. Excluding the impact of MFRS 15, the division’s revenue for 4Q2018 stood at RM16.5 million, representing a decrease of RM2.9 million or 14.9%, when compared to RM19.4 million in 3Q2018. The reduction in revenue was mainly due to the decrease in both local and export sales by RM1.9 million and RM1.0 million, respectively. Lower local sales in 4Q2018 was attributed to high stockholding level in 4Q2018 due to stock-up activities by dealers during the zero rate GST period, and prior to the implementation of SST effective 1 September 2018, whilst, lower export sales for the current quarter was mainly due to decreased demand of masking tapes. Accordingly, the division registered a lower profit before tax of RM1.0 million in 4Q2018, representing a decrease of RM1.5 million or 60.0% when compared to RM2.5 million in 3Q2018 in tandem with lower revenue and after taking into account of provision for bonuses.

Others:
4Q18 vs 4Q17:
The division’s revenue for 4Q2018 reported at RM0.3 million, representing a marginal decrease of RM0.2 million or 40.0% as compared to RM0.5 million in 4Q2017, mainly due to lower interest income received from short term deposits. The division registered a lower loss before tax of RM3.4 million in 4Q2018 as compared RM10.4 million in 4Q2017. The loss before tax in 4Q2018 was mainly due to lower net gain on deconsolidation of a wholly-owned subsidiary, Alanya Marine Ventures Sdn Bhd (“AMV”) from the oil and gas division of RM3.1 million, arising from the reversal of provision for onerous contract by AMV.

YTD18 vs YTD17:
For 12M2018, the division reported a revenue of RM1.7 million, representing a marginal decrease of RM0.4 million or 19.0% as compared to RM2.1 million in 12M2017. This was mainly due to lower interest income received from short term deposits.

4Q18 vs 3Q18:
Revenue for 4Q2018 reported at RM0.3 million, representing a marginal decrease of RM0.2 million or 40.0% as compared to RM0.5 million in 3Q2018. This was mainly due to lower interest income received from short term deposits. However, the division registered a higher loss before tax of RM3.4 million in 4Q2018 as compared RM0.6 million in 3Q2018 mainly due to lower net gain on deconsolidation of AMV arising from the reversal of provision for onerous contract by AMV.

Prospects:
The on-going trade tension between the world’s major economies, i.e. United States of America and its trade partners, and tightening monetary policy continue to raise uncertainty in the growth prospects of global economy. The prolonged uncertainties may also dampen growth of economies in the region. In light of the ongoing economic events and the volatility of the commodity prices, the Group will remain cautious of the prospect of the Group’s business activities.

Timber:
Demand for logs from the Group’s main export market, India, is expected to remain soft, mainly due to broadly lower INR against the USD. The Group maintains a cautious outlook for logs export market over the short term. Plywood segment sales continue to face competition from Japanese domestic plywood supply as well as imported plywood from Indonesia. As a result, plywood imported into the Japanese market from overseas are experiencing downward pressure on the selling price and reduced volume. Given this scenario, the Japanese trading houses are selective in importing only higher end floor-based plywood as their domestic plywood are able to substitute the general-purpose plywood at lesser costs.

Plantation:
The Group’s plantation division expects a challenging year as CPO prices remained soft, while facing increasing supplies from Indonesia.

Manufacturing and Trading:
While the on-going trade tension between the United States and China has not significantly affected their sales into China, the challenges continue to be intense competition in both the domestic and overseas market and rising raw material prices. In the face of the challenging economic conditions, the Group is determined to continuously implement appropriate measures to remain competitive in both the domestic and overseas market so as to maintain its market share and profitability. Given the adverse impact of rising production costs on the profitability of the division, the Group will continuously look into substitution plans for its raw materials without compromising on product quality.
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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 RM1.42 in 3 months 18 days, total return is 77.5%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.24 in 9 months 2 day, total return is 56%

c) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.05 (dividend RM0.015) in 7 months 22 days, total return is 49%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.82 in 2 months 14 days, total return is 42.6%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.25 in 3 months 11 days, total return is 29.5%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.40 (dividend RM0.0375) in 5 months 20 days, total return is 29%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.64 (dividends RM0.02) in 6 months 3 days, total return is 16.1%

h) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.20 in 2 months 14 days, total return is 15.4%

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

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.39 (dividend RM0.035) in 4 months 16 days, total return is 12.2%

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/

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/2229034960696579 by date.

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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