[SUPERMAX CORP BHD：工厂＃12完成后，该集团还将继续寻找和进行下一阶段的产能增长，并已在巴生Meru收购了一块土地，计划建造13号，14号和15号工厂，产能将增长超过60％，在未来5年内产能将达到每年超过440亿件]

4Q19 vs 4Q18:
速柏玛的全球天然橡胶及丁腈橡胶手套销售收入为3.76亿令吉，较去年同期增加14.1％或4650万令吉。增加的原因是集团内新的替代生产线的投产以及美元兑马来西亚令吉的走强。 EBITDA上涨0.3％，PBT下跌10.7％。

YTD19 vs YTD18：
截至二零一九年六月三十日止财政年度，速柏玛录得收入15亿令吉。与截至30.6.2018的上一财政年度相比，这个数字增加了14.2％或1.849亿令吉。由于其重建工厂的产能增加，收入增加。尽管年内成本压力不断上升，但提高生产效率及改善管理成本的努力使速柏玛的PBT增长6.6％至1.726亿令吉; PAT增加12.3％至1.237亿令吉。

4Q19 vs 3Q19：
相比前一季度，集团的收入增长了4.1％或1480万令吉。这部分是由于美元兑马来西亚令吉走强的贡献。

前景：
手套部门：
尽管经过一段滞后期后，公司仍会将成本的增加转嫁给客户。速柏玛能够凭借其强大的品牌，全面的全球分销网络和庞大的客户群，度过充满挑战的时期。对于天然橡胶和腈类产品，一次性手套的全球市场依然强劲，尽管全球事件和成本压力的挑战目前仍将存在。

速柏玛将继续专注于通过各种措施提高效率，包括其旧工厂的更换和重建计​​划，以及正在建设的最新工厂＃12。速柏玛已准备好充分利用预期将继续增长的全球需求。

工厂＃12完成后，该集团还将继续寻找和进行下一阶段的产能增长，并已在巴生Meru收购了一块土地，计划建造13号，14号和15号工厂，产能将增长超过60％，在未来5年内产能将达到每年超过440亿件。

隐形眼镜部门：
速柏玛继续在开发隐形眼镜业务方面取得进展。最初几年奠定了基础，建立了最先进的洁净室制造设施，组建了一支高技能专业人员团队，并开发了生产最高质量隐形眼镜的能力。然后，它热切地努力获得必要的许可和批准，使集团能够进入全球各个市场。凭借手中的许可证，速柏玛已逐步将其全球营销足迹扩展至越来越多的国家，包括美国和日本，这两个国家是隐形眼镜的全球最大市场。

获得许可证后，不仅能继续进入其他国家的市场，而且还获得批准其新开发的产品在现有市场和新市场中的分销。该集团的复曲面透镜（用于矫正散光）已于今年早些时候在美国和日本市场获得批准。这证明了集团的制造能力以及所生产镜片的质量，因为这两个国家对医疗器械实施了非常严格的规定和标准。

随着集团的重点扩展到市场渗透，营销工作也得到了加强。已经采用了各种平台来批发分销，通过在线B2C销售，如美国（www.aveovision.com），马来西亚（www.aveovision.my），最近还在英国（www.aveovision.co.uk）推出的网站，和用移动卡车来分销。

展望未来，速柏玛将继续致力于在更多国家获得更多产品的许可和批准;进一步扩大其产品范围，包括其他类型的镜片，如彩色镜片;并提高其全球产品的市场渗透率，以充分利用其产能。
-----------------------------
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 RM1.68 (dividend RM0.025) in 1 year 30 days, total return is 138.5%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.40 (dividend RM0.04) in 1 year 2 months 10 days, total return is 81.1%

c) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.30 in 8 months 26 days, total return is 62.5%

d) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.08 (dividends RM0.063) in 11 months 4 days, total return is 34.8%

e) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.64 (dividend RM0.07) in 9 months 24 days, total return is 34.6%

f) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.76 in 7 months 22 days, total return is 32.2%

g) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.30 (dividend RM0.1875) in 10 months 28 days, total return is 31.6%

h) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.26 (dividend RM0.008) in 8 months 19 days, total return is 31.4%

i) PESTECH (PESTECH INTERNATIONAL BHD), recommended on 2 Jun 19, initial price was RM1.04, rose to RM1.30 in 3 months 9 days, total return is 25%

j) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM1.94 (dividend RM0.01) in 3 months 8 days, total return is 16.8%

k) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.35 (dividends RM0.084) in 1 Year 1 month 13 days, total return is 12%

l) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.52 (dividends RM0.04) in 11 months 11 days, total return is 9.1%

m) FIAMMA (FIAMMA HOLDINGS BHD), recommended on 23 Sep 18, initial price was RM0.495, rose to RM0.49 (dividends RM0.0225) in 11 months 19 days, total return is 3.5%

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页面与我联系。

1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡

10月19日星期六：Silka Johor Bahru Hotel, Johor Bahru 5份点心

12月22日星期日：AG Hotel Penang, George Town 2份点心

12月29日星期日：Hotel Sri Petaling, KL 3份点心

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

10月20日星期日：Silka Johor Bahru Hotel, Johor Bahru

12月21日星期六：AG Hotel Penang, George Town

12月28日星期六：Hotel Sri Petaling, KL

3) 【公司业绩分享会】:
2p.m. – 7p.m.，免费茶和咖啡

10月18日星期五：Silka Johor Bahru Hotel, Johor Bahru 5份点心

12月20日星期五：AG Hotel Penang, George Town 2份点心

12月27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

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：jamesnginvest

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
--------------------------------
[SUPERMAX CORP BHD: The Group is looking beyond Plant #12 for its next phase of capacity growth and has acquired a piece of land in Meru, Klang on which it plans to build Plants #13, #14 and #15 that will see capacity grow over 60% to more than 44 billion pieces per annum over the next 5 years]

4Q19 vs 4Q18:
The Group recorded total revenue of RM 376.0 million from global sales of its natural rubber and nitrile rubber gloves, an increase of 14.1% or RM 46.5 million compared to the corresponding period a year ago. The increase was attributed to the commissioning of the new replacement lines within the Group and stronger USD vs MYR. EBITDA was 0.3% higher and PBT 10.7% lower.

YTD19 vs YTD18:
For the financial year ended 30.6.2019, the Group recorded revenue of RM 1.5 billion. This was 14.2% or RM 184.9 million higher compared to the last financial year ended 30.6.2018. The higher revenue was achieved on the back of increased production capacity from its rebuilt plants. Despite the rising cost pressures during the year, efforts to drive production efficiency and better manage costs enabled the Group to achieve a 6.6% rise in PBT to RM172.6 million; and a 12.3% increase in PAT to RM123.7 million.

4Q19 vs 3Q19:
On a preceding quarter basis, the Group’s revenue was higher by 4.1% or RM 14.8 million. This is partly due to contribution of the strengthening of the USD vs MYR.

Prospects:
Glove Division:
The Company will pass through the cost increases to the customers albeit after a lag period. The Group was able to bank on its strong branding, comprehensive global distribution network and large customer base to weather through the challenging period. The global market place remains robust for disposable gloves, for both the natural rubber and nitrile variants, although challenges from global events and cost pressures will remain for now.

The Group will continue to focus on driving efficiency through various initiatives including its replacement and rebuilding programme for its older plants as well as the on-going construction of its latest Plant #12. The Group is well positioned to capitalise on global demand that is expected to continue growing.

The Group is also looking beyond Plant #12 for its next phase of capacity growth and has acquired a piece of land in Meru, Klang on which it plans to build Plants #13, #14 and #15 that will see capacity grow over 60% to more than 44 billion pieces per annum over the next 5 years.

Contact Lens Division:
The Group continues to make progress in developing its contact lens business. The groundwork had been laid in the initial few years with the setting-up of a state-of-the-art clean room manufacturing facility, assembling a team of highly-skilled professionals and developing the capabilities to produce contact lenses of the highest quality. It has then worked fervently to procure the necessary licences and approvals which allows the Group access to various markets globally. With the licences in hand, the Group has gradually extended its global marketing footprint to more and more countries, including the US and Japan, which are the 2 largest markets in the world for contact lenses.

The process of securing licences continues not only to access the markets in other countries but also to obtain approval for its newly developed products to be distributed in both existing and new markets. The Group’s toric lenses (for correction of astigmatism) have been approved for the US and Japanese markets earlier this year. This is a testament to the Group’s manufacturing capabilities as well as the quality of the lenses produced as these 2 countries impose very strict regulations and standards on medical devices.

Marketing efforts have also been stepped up as the Group’s focus extends to market penetration. Various platforms have been employed from wholesale distribution, to mobile trucks to online B2C sales via websites launched in the US (www.aveovision.com), in Malaysia
(www.aveovision.my) and more recently also in the UK (www.aveovision.co.uk).

Going forward, the Group will continue to work on obtaining the licences and approvals for more of its products in more countries; further expanding its product range to include other types of lenses such as colour lenses; and increasing market penetration for its products globally in order to fully utilise its capacity.
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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.

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