[WZ SATU BHD：接受SIPP-YTLJV颁发的一份合约，内容涉及从Genuang至Paloh建造桥梁的分包工程，从Gemas到Johor Bahru的双轨项目，总合同价值为1.335亿令吉]

1Q19 vs 1Q18:
永成第一的税前亏损为1,170万令吉，而去年同期的税前利润为140万令吉。

1Q19 vs 4Q18：
本季度税前亏损为1,170万令吉，而上一季度则为7,620万令吉。本季度较低的亏损主要是由于上一季度因为承认项目成本超支，商誉和矿业资产的一次性减值导致税前亏损增加。

前景：
永成第一正积极寻求各种机会，以改善本财政年度土木工程及建筑业务的贡献。永成第一于二零一八年十二月十七日通过其全资附属公司WZS Bina Raya Sdn Bhd接受SIPP-YTLJV颁发的一份合约，内容涉及从Genuang至Paloh建造桥梁的分包工程，从Gemas到Johor Bahru的双轨项目，总合同价值为1.335亿令吉。该项目预计将对永成第一当前和下一个财政年度的未来收益和每股净资产产生积极影响。

永成第一正在考虑增加其在岸和下游长期服务合同的数量，例如维护;进入工厂/设施改进计划;通过最大化石油和天然气部门的可用设施和资源，创造可持续的业务。目前的7.31亿令吉订单将确保永成第一在当前和下一个财政年度保持忙碌。如果铝土矿开采暂停和出口禁令未延长至2019年3月31日以后，永成第一预计此部门将作出积极贡献。

鉴于充满挑战的时期，永成第一正继续进行降低成本的工作，以提高营运效率，包括调整整个集团的劳动力规模及资源合理化。预计这些措施将进一步降低运营管理费用，意味着在不久的将来能充分和更好地将集团生存于恶劣的经营环境。
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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 RM1.39 in 3 months 19 days, total return is 73.8%

b) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.10 (dividend RM0.015) in 7 months 23 days, total return is 55.9%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.23 in 9 months 3 day, total return is 54.7%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.82 in 2 months 15 days, total return is 42.6%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 in 3 months 12 days, total return is 31.6%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.37 (dividend RM0.0375) in 5 months 21 days, total return is 27.4%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.65 (dividends RM0.02) in 6 months 4 days, total return is 16.8%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 3 months 4 days, total return is 16.5%

i) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.20 in 2 months 15 days, total return is 15.4%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.41 (dividend RM0.035) in 4 months 17 days, total return is 13.8%

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/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

请大家来Follow James的Instagram，获取最新的资讯： https://www.instagram.com/p/Bv2-eq1FWWO

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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[WZ SATU BHD: accepted a Letter of Award from SIPP-YTLJV ("Award") in relation to the subcontract works for the construction of bridges from Genuang to Paloh for the electrified double track project from Gemas to Johor Bahru with a total contract value of RM133.5 million]

1Q19 vs 1Q18:
The Group registered a loss before taxation of RM11.7 million compared to a profit before taxation of RM1.4 million for the preceding year corresponding quarter.

1Q19 vs 4Q18:
The current quarter registered a loss before taxation of RM11.7 million compared to RM76.2 million in the preceding quarter. The current quarter's lower losses were mainly due to higher losses before taxation in the preceding quarter arisen from recognition of project cost overruns, one-off impairments of goodwill and mining assets.

Prospects:
The Group is actively pursuing various opportunities to improve the contribution in the current financial year for the civil engineering and construction segment. The Group had on 17 December 2018 via its wholly-owned subsidiary WZS Bina Raya Sdn Bhd accepted a Letter of Award from SIPP-YTLJV ("Award") in relation to the subcontract works for the construction of bridges from Genuang to Paloh for the electrified double track project from Gemas to Johor Bahru with a total contract value of RM133.5 million. The Award is expected to contribute positively to the future earnings and net assets per share of the Group for the current and next financial year.

The Group is looking into increasing its volume of onshore and downstream long term service contracts such as for maintenance; venturing into plant / facility improvement programmes; generating sustainable jobs by maximising available facilities and resources for the oil and gas segment. The current orderbook of RM731 million will ensure the Group is kept busy for the current and next financial year. Should the bauxite mining moratorium and export ban not be extended beyond 31 March 2019, the Group anticipates this segment to contribute positively.

In view of the challenging times, the Group is continuing with its cost reduction exercise that enhances operational efficiency including right-sizing of the work force and rationalisation of resources throughout the Group. These measures are expected to further reduce the operating overheads meaning fully and better positioning the Group against tough operating conditions in the near future.
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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 RM1.39 in 3 months 19 days, total return is 73.8%

b) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.10 (dividend RM0.015) in 7 months 23 days, total return is 55.9%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.23 in 9 months 3 day, total return is 54.7%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.82 in 2 months 15 days, total return is 42.6%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 in 3 months 12 days, total return is 31.6%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.37 (dividend RM0.0375) in 5 months 21 days, total return is 27.4%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.65 (dividends RM0.02) in 6 months 4 days, total return is 16.8%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 3 months 4 days, total return is 16.5%

i) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.20 in 2 months 15 days, total return is 15.4%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.41 (dividend RM0.035) in 4 months 17 days, total return is 13.8%

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.

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