[LAFARGE MALAYSIA BHD：随着价格的上涨，出口市场对水泥的需求不断增长，Langkawi工厂已准备好从中受益，降低成本和提高工厂可靠性仍然是一个优先事项，拉法基马也将继续专注于进一步提高其运营效率]

4Q18 vs 4Q17:
尽管收入略微下降，但拉法基马当前季度的税前亏损较低为8,000万令吉，而去年同期的税前亏损为1.03亿令吉。水泥业务的经营亏损减少主要是由于更好的网络路线优化导致分销成本改善及重组后的SG＆A降低，朝着更精简的组织和有力的成本削减措施，折旧也降低，和去年同一季度产生的一次性重组成本。

YTD18 vs YTD17：
收入减少部分被出口增加抵消。拉法基马税前亏损为4.05亿令吉，而去年税前亏损则为2.79亿令吉。

4Q18 vs 3Q18：
拉法基马本季度收入高于上季度，主要是由于水泥的国内和出口销售增加。与收入增加一致，拉法基马录得较低的税前亏损8,000万令吉，而上一季则为1.34亿令吉。改善的结果还归因于较低的经营成本，主要是由于有利的能源和分销成本，但部分被集料和混凝土部门的商誉减值抵消了。

前景：
随着价格的上涨，出口市场对水泥的需求不断增长。Langkawi工厂已准备好从中受益。降低成本和提高工厂可靠性仍然是一个优先事项，拉法基马也将继续专注于进一步提高其运营效率。
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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 RM1.35 (dividend RM0.015) in 8 months 19 days, total return is 90.9%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.47 in 4 months 15 day, total return is 83.8%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.38 in 9 months 28 day, total return is 73.6%

d) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.38 in 4 months 9 days, total return is 43%

e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 3 months 11 days, total return is 28.7%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.34 (dividend RM0.0825) in 6 months 17 day, total return is 28.2%

g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.09 in 3 months 29 days, total return is 28.2%

h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.78 (dividends RM0.03) in 6 months 29 days, total return is 26.6%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 5 months 13 day, total return is 13%

j) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.15 (dividend RM0.061) in 9 months 3 day, total return is 6.3%

k) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.10 in 3 months 11 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

1)【股票-实际操作班】课程：
时间：10a.m. – 9p.m.，包括免费午餐和晚餐

日期：5月25日星期六
地点：Hotel Sri Petaling, KL

日期：6月15日星期六
地点：Silka Johor Bahru Hotel, Johor Bahru

日期：6月23日星期日
地点：AG Hotel Penang, George Town

2)【看懂年报和季报】课程:
时间：11a.m. – 7p.m

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)

日期：7月27日星期六
地点：Silka Johor Bahru Hotel, Johor Bahru (包括免费5份点心，茶和咖啡)

日期：8月11日星期日
地点：AG Hotel Penang, George Town (包括免费4份点心，茶和咖啡)

3) 【公司业绩分享会】:
时间：2p.m. – 7p.m.

日期：6月9日星期日
地点：Hotel Sri Petaling, KL (包括免费3份点心，茶和咖啡)

日期：6月16日星期日
地点：Silka Johor Bahru Hotel, Johor Bahru (包括免费5份点心，茶和咖啡)

日期：6月22日星期六
地点：AG Hotel Penang, George Town (包括免费4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/2249007575365984 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/BxBntmGgrrW

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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[LAFARGE MALAYSIA BHD: There is growing demand for clinker in the export markets with improving prices, Langkawi plant is well-positioned to benefit from this, cost reduction and plant reliability remains a priority and the Group will also continue to focus on enhancing its operational efficiency further]

4Q18 vs 4Q17:
Despite the marginally lower revenue, the Group recorded a lower loss before tax for the current quarter of RM80 million compared to the loss before tax of RM103 million for the same period last year. The lower operating loss from the Cement segment is mainly due to the improvement in distribution cost attributed to better network route optimization and lower SG&A following a restructuring exercise towards a leaner organization and vigorous cost cutting measures, lower depreciation and higher one-off restructuring cost incurred in the corresponding quarter last year.

YTD18 vs YTD17:
The decrease of revenue was compensated partially by the higher export. The Group recorded a loss before tax of RM405 million compared to loss before tax of RM279 million in last year.

4Q18 vs 3Q18:
The Group’s revenue in current quarter is higher than last quarter mainly due to higher domestic and export sales from Cement segment. In line with the higher revenue, the Group recorded a lower loss before tax of RM80 million compared to RM134 million in preceding quarter. The improved result is also attributed to the lower operating cost mainly due to the favourable energy and distribution costs partially offset by the goodwill impairment in Aggregates & Concrete segment.

Prospects:
There is growing demand for clinker in the export markets with improving prices. Langkawi plant is well-positioned to benefit from this. Cost reduction and plant reliability remains a priority and the Group will also continue to focus on enhancing its operational efficiency further.
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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 RM1.35 (dividend RM0.015) in 8 months 19 days, total return is 90.9%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.47 in 4 months 15 day, total return is 83.8%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.38 in 9 months 28 day, total return is 73.6%

d) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.38 in 4 months 9 days, total return is 43%

e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 3 months 11 days, total return is 28.7%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.34 (dividend RM0.0825) in 6 months 17 day, total return is 28.2%

g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.09 in 3 months 29 days, total return is 28.2%

h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.78 (dividends RM0.03) in 6 months 29 days, total return is 26.6%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 5 months 13 day, total return is 13%

j) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.15 (dividend RM0.061) in 9 months 3 day, total return is 6.3%

k) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.10 in 3 months 11 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/2249007575365984 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