[TA ANN HOLDINGS BHD：已根据Kapit FMU获得森林管理认证（FMU），总面积为149,756公顷，正在积极开展其他认证计划，以使剩余的FMU的总面积228,467公顷，预计将在今年通过认证]

大安本季度的税前利润和净利润分别为4,754万令吉和3,154万令吉，而2017年同期的税前利润和净利润分别为2700万令吉和2270万令吉。购买Sarawak Plantation Berhad 30.39％股权的收益为2719万令吉。

由于本季度平均毛棕榈油销售价格较低，大安已确认本回顾季度内生物资产公允价值变动金额为550万令吉的亏损，而相应去年上一季度实现亏损586万令吉（重述）。

于2018年，收入及净利润分别为9.6222亿令吉及9,130万令吉，而2017年则分别为11.7085亿令吉及1.2465亿令吉。大安已确认2018年的生物资产公允价值变动产生的亏损为273万令吉，而2017年实现的损失为1763万令吉（重述）。

这季度的收入和净利润分别为2.3765亿令吉和3154万令吉，而上一季度分别为2.7485亿令吉和3835万令吉。

前景：
该集团一直致力于森林地区的可持续森林管理。于二零一八年，大安已根据Kapit FMU获得森林管理认证（FMU），总面积为149,756公顷。正在积极开展其他认证计划，以使剩余的FMU的总面积228,467公顷，预计将在今年通过认证。

大安已根据森林经营认证承诺，于2018年对原木生产进行调整和整合。从今年开始，他们将拥有稳定和可持续的原木生产。因此，大安将受益于更高的原木出口回报，以最大化其森林资源的价值。

对于棕榈油行业而言，年龄增长和成熟的种植面积预计将提高其收获产量。油棕产业在收入和利润方面的贡献预计将在今年显着增加，与FFB数量增加以及预计CPO价格会从2018年11月两年低点（RM1,800 / mt）的回升相一致。除不可预见的情况外，董事会预计大安将在2019年取得令人满意的业绩。
---------------------------------------------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.28 (dividend RM0.015) in 8 months 6 days, total return is 81.1%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.40 in 4 months 2 day, total return is 75%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.21 in 9 months 15 day, total return is 52.2%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.805 in 2 months 27 days, total return is 40%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.31 in 3 months 24 days, total return is 35.8%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.35 (dividend RM0.0825) in 6 months 4 day, total return is 28.7%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.67 (dividends RM0.03) in 6 months 16 days, total return is 18.2%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 3 months 16 days, total return is 16.5%

i) 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 29 days, total return is 13.8%

j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.64 in 27 days, total return is 5.8%

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：AG Hotel Penang, George Town (包括免费3份点心，茶和咖啡)

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/2239247806341961 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/BwbNjCsgv03
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
--------------------------------
[TA ANN HOLDINGS BHD: the Group has obtained a Forest Management Certification (FMU) on a total area of 149,756 hectares under the Kapit FMU, the other certification programme is actively being carried out to have the remaining FMUs with a combined area size of 228,467 hectares anticipated to be certified by this year]

The Group’s profit before tax and net profit for the quarter were RM47.54 million and RM31.54 million respectively compared to profit before tax and net profit of RM27.00 million and RM22.70 million respectively of the corresponding quarter in year 2017. Gain in bargain purchase of the 30.39% equity interest in Sarawak Plantation Berhad amounting to RM27.19 million.

With the effect of the lower average CPO selling price registered during the quarter under reivew, the Group had recognised a loss arising from the changes in the fair value of the biological assets amounting to RM5.50 million during the current quarter under review as compared to a loss of RM5.86 million realised in the corresponding preceding quarter (restated).

For the year 2018, the revenue and net profit were RM962.22 million and RM91.30 million respectively compared to RM1,170.85 million and RM124.65 million respectively in 2017. The Group has recognised a loss arising from the changes in the fair value of the biological assets of RM2.73 million in 2018 compared to a loss of RM 17.63 million realised in 2017 (restated).

Revenue and net profit were reported at RM237.65 million and RM31.54 million respectively in the quarter under review compared to RM274.85 million and RM38.35 million respectively of the preceding quarter.

Prospects:
The Group has been embarking on sustainable forest management of its forest areas. In 2018, the Group has obtained a Forest Management Certification (FMU) on a total area of 149,756 hectares under the Kapit FMU. The other certification programme is actively being carried out to have the remaining FMUs with a combined area size of 228,467 hectares anticipated to be certified by this year.

The Group has gone through the adjustment and consolidation of logs production in 2018 in line with the forest management certification undertaking. For this year onwards, they will have a stable and sustainable logs production. Thus, the Group will benefit from higher return of export logs to maximise the value of their forest resources.

For the palm oil sector, the improving age profile and growing matured estates are expected to boost both their harvesting yield and production volume. The contribution from oil palm sector in terms of income revenue and profit is expected to increase significantly in the current year in line with higher FFB volume and the anticipated recovery of CPO prices from the two year low at RM1,800/mt in November 2018. Barring unforeseen circumstances, the Board of Directors expects the Group to achieve a satisfactory performance for the year 2019.
--------------------------------------------------------------------------
James Ng Stock Pick Performance:
Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.28 (dividend RM0.015) in 8 months 6 days, total return is 81.1%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.40 in 4 months 2 day, total return is 75%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.21 in 9 months 15 day, total return is 52.2%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.805 in 2 months 27 days, total return is 40%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.31 in 3 months 24 days, total return is 35.8%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.35 (dividend RM0.0825) in 6 months 4 day, total return is 28.7%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.67 (dividends RM0.03) in 6 months 16 days, total return is 18.2%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.99 in 3 months 16 days, total return is 16.5%

i) 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 29 days, total return is 13.8%

j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.64 in 27 days, total return is 5.8%

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/2239247806341961 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