[SCICOM MSC BHD：由于客户服务要求和/或策略的变化，某些项目的可计费人数减少]

YoY:
BPO:
与上一年度相比，本财政季度现有项目的净收入减少了24万令吉。由于客户服务要求和/或策略的变化，某些项目的可计费人数减少。新项目的收入抵消了现有收入的减少，达到189万令吉。

教育：
在本财政季度，集团教育的收入包括公司培训和英语语言测试/评估。

本财政季度的税前利润与上一年度的相应季度相比较低，主要原因是：
- BPO业务收入的构成及其相关的利润率和相应的成本的变化导致营业利润下降。

- 本财政季度的外汇损失为58.8万令吉，而上一年度的外汇收益为46.2万令吉。这导致负差异为105万令吉。

- 在审查中的财务季度提供的坏账额为RM306K。

YTD:
BPO:
与上一年同季相比，现有项目的净收入减少了1240万令吉。由于客户服务要求和/或策略的变化，某些项目的可计费人数减少。新项目的收入抵消了现有收入的减少，为335万令吉。

教育：
在本财政期间，集团教育的收入包括公司培训和英语语言测试/评估。

本财政期间的税前利润较上年同期较低，主要原因是：
- BPO业务收入的构成及其相关的利润率和相应的成本的变化导致营业利润下降。

- 在审查的财政期间提供的坏账额为RM306K。

QoQ:
BPO:
与上一财政季度相比，本财政季度收入净增加了104万令吉，其中包括新项目的收入和现有项目的有机增长，分别为786,000令吉和25万令吉。

教育：
在本财政季度，集团教育收入较低的主要原因是英语语言测试评估的收入较低。

尽管收入较高，但本财政季度的税前利润与上一季度相比较低，主要原因是：
- 上一季度停止基于短期交易的项目。这可以通过增加基于人数的账单来缓解。较高的可结算人数导致员工福利成本增加。

- 在审查的财政期间提供的坏账额为RM306K。

- 本财政季度的汇兑损失高于上一季度，高了48.4万令吉。

前景：
于本财政期间，这集团的BPO业务客户人数较上一财政期间增加20％。这集团预期他们的产品组合有前景，可转换为可结算收入，并有助于这集团于2019财政年度的盈利及向前推进至2020年。
-----------------------------
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 RM1.63 (dividend RM0.015) in 11 months 9 days, total return is 130.1%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.44 in 7 months 6 days, total return is 80%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.39 (dividend RM0.04) in 1 year 20 days, total return is 79.9%

d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.55 (dividend RM0.1875) in 9 months 7 days, total return is 44.8%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.32 (dividend RM0.008) in 6 months 28 days, total return is 37.6%

f) PESTECH (PESTECH INTERNATIONAL BHD), recommended on 2 Jun 19, initial price was RM1.04, rose to RM1.43 in 1 month 21 days, total return is 37.5%

g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.70 (dividend RM0.035) in 8 months 4 days, total return is 36.6%

h) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.785 in 6 months 2 days, total return is 36.5%

i) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM1.80 (dividends RM0.063) in 9 months 14 days, total return is 17.2%

j) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.985 in 6 months 21 days, total return is 15.9%

k) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.58 (dividends RM0.04) in 9 months 21 days, total return is 13.3%

l) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.15 in 6 months 2 days, total return is 10.6%

m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.11 (dividends RM0.084) in 11 months 22 days, total return is 5.9%

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

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

8月10日星期六：AG Hotel Penang, George Town

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

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

8月9日星期五：AG Hotel Penang, George Town 4份点心

9月6日星期五：Hotel Sri Petaling, KL 3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/2325332794400128 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/B0PYk7jnhpG

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
--------------------------
[SCICOM MSC BHD: The reduction in billable headcount for certain projects is as a result of a change in clients’ customer service requirements and/or strategies]

YoY:
BPO:
Net revenue from existing projects has decreased by RM0.24 million for the financial quarter under review as compared to the preceding year corresponding quarter. The reduction in billable headcount for certain projects is as a result of a change in clients’ customer service requirements and/or strategies. The decrease in existing revenue is mitigated by revenue from newly secured projects amounted to RM1.89 million.

Education:
The revenue from Group’s Education during the financial quarter under review comprises of corporate trainings and English Language Testing/ Assessments.

The lower profit before tax for the financial quarter under review as compared to the preceding year corresponding quarter is due mainly to:
- Change in composition of revenue for BPO business and its associated profit margin and accompanying cost has resulted in a decrease in operating profit.

- Foreign exchange loss for the financial quarter under review amounted to RM588K against a foreign exchange gain of RM462K in the preceding year corresponding quarter. This has resulted in a negative variance of RM1.05 million.

- Bad debts amounted to RM306K provided in the financial quarter under review.

YTD:
BPO:
Net revenue from existing projects has decreased by RM12.40 million for the financial quarter under review as compared to the preceding year corresponding quarter. The reduction in billable headcount for certain projects is as a result of a change in clients’ customer service requirements and/or strategies. The decrease in existing revenue is mitigated by revenue from newly secured projects amounted to RM3.35 million.

Education:
The revenue from Group’s Education during the financial period under review comprises of corporate trainings and English Language Testing/ Assessments.

The lower profit before tax for the financial period under review as compared to the preceding year corresponding period is due mainly to:
- Change in composition of revenue for BPO business and its associated profit margin and accompanying cost has resulted in a decrease in operating profit.

- Bad debts amounted to RM306K provided in the financial period under review.

QoQ:
BPO:
The net increase in revenue for the financial quarter under review by RM1.04 million as compared to the preceding financial quarter comprises of revenue from newly secured projects and organic growth for existing projects, amounted to RM786K and RM250K, respectively.

Education:
The lower revenue from Group’s Education during the financial quarter under review is due mainly to lower in take for the English Language Test Assessment.

The lower profit before taxation for the current financial quarter under review as compared to the preceding quarter despite a higher revenue is primarily due to:
- Cessation of short term transactions based project in the preceding quarter. This is mitigated by increase in billings based on headcount. The higher billable headcount resulted in an increase in employee benefit cost.

- Bad debts amounted to RM306K provided in the financial period under review.

- Foreign exchange loss for the financial quarter under review is higher than the preceding quarter by RM484K.

Prospects:
For the current financial period under review, the Group has increased its BPO business client base by 20% as compared to the preceding financial period. The Group expects other current prospects with respect to their suite of products, to convert into billable revenue and contribute to the Group’s earnings in financial year 2019 and moving forward into 2020.
--------------------------------------------------------------------------
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 RM1.63 (dividend RM0.015) in 11 months 9 days, total return is 130.1%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.44 in 7 months 6 days, total return is 80%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.39 (dividend RM0.04) in 1 year 20 days, total return is 79.9%

d) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.55 (dividend RM0.1875) in 9 months 7 days, total return is 44.8%

e) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.32 (dividend RM0.008) in 6 months 28 days, total return is 37.6%

f) PESTECH (PESTECH INTERNATIONAL BHD), recommended on 2 Jun 19, initial price was RM1.04, rose to RM1.43 in 1 month 21 days, total return is 37.5%

g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.70 (dividend RM0.035) in 8 months 4 days, total return is 36.6%

h) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.785 in 6 months 2 days, total return is 36.5%

i) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM1.80 (dividends RM0.063) in 9 months 14 days, total return is 17.2%

j) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.985 in 6 months 21 days, total return is 15.9%

k) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.58 (dividends RM0.04) in 9 months 21 days, total return is 13.3%

l) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.15 in 6 months 2 days, total return is 10.6%

m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.11 (dividends RM0.084) in 11 months 22 days, total return is 5.9%

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/2325332794400128 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