[POS MALAYSIA BHD：对于他们的邮政服务，大马邮政正与监管机构合作，以实现更具可持续性的定价模式，以解决与普遍服务义务相关的高成本问题]

YTD19 vs YTD18:
截至2019年3月31日止财政年度，大马邮政录得较低收入23.551亿令吉，而截至2018年3月31日止相应年度则为24.726亿令吉。

邮政服务：
邮政服务的收入较去年同期的7亿3430万令吉减少到6.976亿令吉。

快递：
与截至2018年3月31日止相应年度的7.745亿令吉相比，Courier录得更高的收入8.243亿令吉。这主要是由于电子商务及网上商业客户需求增加所致。

国际：
国际收入减少了1320万令吉，主要是由于失去一个主要客户导致转运量下降。

后勤：
物流业务的收入减少了1.233亿令吉，主要来自项目物流的下降，即Pengerang的炼油和石化综合开发项目（“RAPID”）已经完成。

航空：
与截至2018年3月31日的相应年度相比，航空增加了1,310万令吉，主要是由于处理的货物吨位增加。

其他：
其他由打印和insertion，数字证书和Ar Rahnu组成的部门，收入减少了710万令吉，主要是由于数字证书业务的贡献减少。

截至二零一九年三月三十一日止财政年度，大马邮政录得税前亏损1.584亿令吉，而2018年3月31日止相应年度的溢利为1.173亿令吉。

4Q19 vs 4Q18：
截至2019年3月31日止财务季度，大马邮政录得较低收入5.947亿令吉，而截至2018年3月31日止季度的前一季度则为6.531亿令吉。

邮政服务：
邮政服务的收入较去年同期的1.95亿令吉减少到1.897亿令吉。

快递：
Courier的收入较去年同期2018年3月31日的2.134亿令吉减少到1.976亿令吉。

国际：
国际收入增加了320万令吉，部分原因是本季度修订定价。

后勤：
物流业务的收入减少了3520万令吉，主要来自项目物流的下降，即Pengerang的炼油和石化综合开发项目（“RAPID”）已经完成。

航空：
与截至2018年3月31日止的相应季度相比，航空下跌660万令吉，主要是由于本季度处理的货物吨位较低。

其他：
包括印刷和insertion，数字证书和Ar Rahnu在内的其他部门的收入增加了130万令吉，主要来自印刷和insertion业务。

截至二零一九年三月三十一日止财政季度，大马邮政录得1.337亿令吉的税前亏损，而2018年3月31日结束的前一个季度的利润为2,880万令吉。

4Q19 vs 3Q19：
截至2019年3月31日止大马邮政的税前亏损为1.337亿令吉，而截至2018年12月31日止的前一季度除税前亏损为1,870万令吉，主要由于销售及营运成本增加所致，增加了7,830万令吉，其他开支增加5,370万令吉。

前景：
对于他们的邮政服务，大马邮政正与监管机构合作，以实现更具可持续性的定价模式，以解决与普遍服务义务相关的高成本问题。该集团期待此次合作取得积极成果。快递业务仍然是马来西亚邮政的盈利和增长部门。大马邮政正专注于最后一英里，以改善现有的交付能力。还在进行自动化和数字技术方面的投资，以提高运营效率，并提供增值服务，作为与竞争对手相比的差异化因素。大马邮政正在寻求为中小企业（SME）提供一个全面的平台，以利用中小企业的发展。这些活动预计会带来更高的收入和更高的成本效益。

不断增长的跨境电子商务量是国际业务的主要推动力，并促进了更高的跨境交易量。大马邮政相信，即使利润率充满挑战，该部门仍有充裕的增长空间。 Pos Logistics寻求获得更多的中长期合同以获得更好的回报。未来前景看好。

航空货运量的增加和航空公司客运量的增加导致航空业务的业绩有所改善，这一趋势应在短期至中期内持续存在。整体而言，虽然大马邮政对其部分业务持谨慎乐观态度，但大马邮政的核心业务即邮政服务及快递业务继续在充满挑战的环境中运作。正在采取坚定的步骤来解决这些问题，但这些步骤的结果只会在中期内显现出来。
-----------------------------
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 RM1.36 (dividend RM0.015) in 9 months 30 days, total return is 92.3%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.34 in 5 months 26 days, total return is 67.5%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.27 (dividend RM0.04) in 11 months 10 days, total return is 64.8%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.76 in 4 months 22 days, total return is 32.2%

e) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.40 (dividend RM0.0825) in 7 months 28 days, total return is 31.3%

f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.24 (dividend RM0.008) in 5 months 19 days, total return is 29.3%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.75 (dividends RM0.03) in 8 months 12 day, total return is 24.5%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.98 in 5 months 12 day, total return is 15.3%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 6 months 24 days, total return is 13%

j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.75 in 2 months 18 days, total return is 12.9%

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：
10a.m. – 9p.m.，免费午餐和晚餐

6月23日星期日：AG Hotel Penang, George Town

7月28日星期日：Silka Johor Bahru Hotel, Johor Bahru

9月7日星期六：Hotel Sri Petaling, KL

2)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

7月27日星期六：Silka Johor Bahru Hotel, Johor Bahru 5份点心

8月11日星期日：AG Hotel Penang, George Town 4份点心

9月8日星期日：Hotel Sri Petaling, KL 3份点心

3) 【公司业绩分享会】:
2p.m. – 7p.m.，免费茶和咖啡

6月22日星期六：AG Hotel Penang, George Town 4份点心

7月21日星期日：Hotel Sri Petaling, KL 3份点心

7月26日星期五：Silka Johor Bahru Hotel, Johor Bahru 5份点心

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/2282069248726483 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/ByltwMdnvVf

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
--------------------------
[POS MALAYSIA BHD: For their postal services, the Group is engaging the regulator for a more sustainable pricing model to address the high cost associated with universal service obligations]

YTD19 vs YTD18:
The Group recorded lower revenue of RM2,355.1 million for the financial year ended 31 March 2019 as compared to RM2,472.6 million in the previous corresponding year ended 31 March 2018.

Postal Services:
Postal Services registered lower revenue of RM697.6 million as compared to RM734.3 million.

Courier:
Courier recorded higher revenue of RM824.3 million compared to RM774.5 million registered in the previous corresponding year ended 31 March 2018. This is mainly driven by increased demand in e-Commerce as well as online business customers.

International:
International revenue dropped by RM13.2 million largely due to lower volume in transhipment pursuant to a loss in one major customer’s account.

Logistics:
Logistics registered lower revenue by RM123.3 million mainly from the drop in project logistics namely Refinery and Petrochemical Integrated Development Project (“RAPID”) in Pengerang which has been completed.

Aviation:
Aviation increased by RM13.1 million compared to previous corresponding year ended 31 March 2018 mainly contributed by higher tonnage of cargo handled.

Others:
Other segments which consist of printing and insertion, digital certificates and Ar Rahnu, generated a decrease in revenue of RM7.1 million mainly due to lower contribution from digital certificates business.

For the financial year ended 31 March 2019, the Group registered a loss before tax of RM158.4 million from a profit of RM117.3 million in the previous corresponding year ended 31 March 2018.

4Q19 vs 4Q18:
The Group recorded a lower revenue of RM594.7 million for the financial quarter ended 31 March 2019 as compared to RM653.1 million in the previous corresponding quarter ended 31 March 2018.

Postal Services:
Postal Services registered lower revenue of RM189.7 million as compared to RM195.0 million.

Courier:
Courier recorded lower revenue of RM197.6 million compared to RM213.4 million registered in the previous corresponding quarter ended 31 March 2018.

International:
International revenue increased by RM3.2 million partly due to revision of pricing during this quarter.

Logistics:
Logistics registered lower revenue by RM35.2 million mainly from the drop in project logistics namely Refinery and Petrochemical Integrated Development Project (“RAPID”) in Pengerang which has been completed.

Aviation:
Aviation dropped by RM6.6 million compared to previous corresponding quarter ended 31 March 2018 mainly due to lower tonnage from cargo handled during this quarter.

Others:
Other segments which consist of printing and insertion, digital certificates and Ar Rahnu, registered an increase in revenue by RM1.3 million mainly contributed by printing and insertion business.

For the financial quarter ended 31 March 2019, the Group registered a loss before tax of RM133.7 million from a profit of RM28.8 million in the previous corresponding quarter ended 31 March 2018.

4Q19 vs 3Q19:
The group recorded a loss before tax of RM133.7 million in the current quarter ended 31 March 2019 compared to a loss before tax of RM18.7 million in the preceding quarter ended 31 December 2018 mainly due to an increase in cost of sales and operating expenses of RM78.3 million and increase in other expenses of RM53.7 million.

Prospects:
For their postal services, the Group is engaging the regulator for a more sustainable pricing model to address the high cost associated with universal service obligations. The Group is expecting a positive outcome from this engagement. The courier business remains a profitable and growing segment for Pos Malaysia. The Group is concentrating on the last mile where improvements are being made to existing delivery capacity. Investments in automation and digital technology are also being made to enable higher operational efficiencies and to provide value added services as a differentiator vis-à-vis competitors. The Group is looking at providing a comprehensive platform to Small and Medium Enterprises (SME) to tap into the growth of the SME industry. Higher revenue and better cost efficiencies are expected from these activities.

The growing cross-border e-Commerce volume is the key driver of International business and has contributed to higher cross-border volumes. The Group believes that even though margins are challenging, there is still ample growth in this segment. Pos Logistics seeks to secure more medium to long term contracts for better returns. The outlook looks positive in the future.

The increase in air freight volume and higher airline passenger traffic have resulted in improved performance from the Aviation business and this trend should persist in the short to medium term. Overall, although the Group is cautiously optimistic about some of its businesses, the Group’s core businesses namely Postal Services and Courier, continue to operate in a challenging environment. Firm steps are being taken to address these issues but the outcome of these steps will only be evident in the medium term.
--------------------------------------------------------------------------
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 RM1.36 (dividend RM0.015) in 9 months 30 days, total return is 92.3%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.34 in 5 months 26 days, total return is 67.5%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.27 (dividend RM0.04) in 11 months 10 days, total return is 64.8%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.76 in 4 months 22 days, total return is 32.2%

e) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.40 (dividend RM0.0825) in 7 months 28 days, total return is 31.3%

f) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.24 (dividend RM0.008) in 5 months 19 days, total return is 29.3%

g) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.75 (dividends RM0.03) in 8 months 12 day, total return is 24.5%

h) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.98 in 5 months 12 day, total return is 15.3%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 6 months 24 days, total return is 13%

j) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.75 in 2 months 18 days, total return is 12.9%

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/2282069248726483 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