[KUMPULAN FIMA BHD：印尼子公司产生的更高的管理成本；他们在马来西亚的种植园刚刚成熟，仍在进行土地开发或棕榈种植]

集团的税前盈利（PPT）较去年同期小幅减少31万令吉或2.0％至1,545万令吉。

制造部：
制造业部门的收入从去年的3086万令吉微跌2.2％至3,018万令吉。

种植部：
该部门录得除税前亏损188万令吉，与去年同期相比，主要是由于其印尼子公司产生的更高的管理成本。他们在马来西亚的种植园刚刚成熟，仍在进行土地开发或棕榈种植，其税前亏损总额为357万令吉，而去年同期为288万令吉。

储存部：
该部门的PBT较去年同期增加了146万令吉，至1,055万令吉。

食品部：
该部门的PBT已从去年同期的158万令吉增至439万令吉。

QoQ：
由于所有四个主要部门的收入都下降，集团收入较上季度减少了2033万令吉，至1亿1475万令吉。

制造部：
制造业部门的收入在本季度减少274万令吉或8.3％，与上一季度相比。减少的主要原因是某些旅行证件数量减少。由于较低的收入加上减记的额外库存，PBT在本季度也减少至444万令吉。

种植部：
种植部的收入较上季减少977万令吉或26.0％，主要是由于原棕油和CPKO的销量减少。由于收入减少，该部门在本季度的PBT低了176万令吉。

储存部：
储存部门的收入为2,030万令吉，较上一季度小幅减少7.2％或158万令吉，主要是由于食用油部门的贡献减少。与较低的收入一致，PBT录得较上一季度微减了17万令吉，至1055万令吉。

食品部：
由于鲭鱼和金枪鱼产品的销量减少，食品部的收入较上季度减少633万令吉或15.2％至3,527万令吉。

前景：
制造部门-该部门将继续共同努力，建立新的战略联盟，以开发新产品和解决方案以补充其现有产品。

种植部-油棕生产和加工的整体表现在很大程度上受棕榈油价格走势及其种植园产量的影响。

储存部门-该部门正在寻求与客户签订更多的长期合同以及处理更高利润的产品。

食品部门面临许多挑战，特别是在该部门主要业务所在的巴布亚新几内亚，由于廉价进口产品和汇率波动引起的激烈市场竞争。
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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 RM1.88 (dividend RM0.025) in 1 year 2 months 13 days, total return is 166.4%

b) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.87 in 1 month 29 days, total return is 91.2%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.42 (dividend RM0.04) in 1 year 3 months 23 days, total return is 83.6%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.94 in 9 months 5 days, total return is 63.5%

e) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.27 in 10 months 9 days, total return is 58.8%

f) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.18 (dividends RM0.083) in 1 Year 18 days, total return is 42.3%

g) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.35 (dividend RM0.018) in 10 months 2 days, total return is 41.8%

h) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.31 (dividend RM0.01) in 4 months 22 days, total return is 38.9%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.67 (dividend RM0.07) in 11 months 7 days, total return is 37%

j) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.25 (dividend RM0.22) in 1 Year 11 days, total return is 30.7%

k) PESTECH (PESTECH INTERNATIONAL BHD), recommended on 2 Jun 19, initial price was RM1.04, rose to RM1.31 in 4 months 22 days, total return is 26%

l) DESTINI (DESTINI BHD), recommended on 24 Sep 19, initial price was RM0.20, rose to RM0.23 in 1 months 1 day, total return is 15%

m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.20 (dividends RM0.111) in 1 Year 2 months 25 days, total return is 8.9%

n) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.51 (dividends RM0.04) in 1 Year 25 days, total return is 8.4%

o) FIAMMA (FIAMMA HOLDINGS BHD), recommended on 23 Sep 18, initial price was RM0.495, rose to RM0.51 (dividends RM0.0225) in 1 Year 1 month 2 days, total return is 7.6%

p) GTRONIC (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.16 (dividends RM0.08) in 1 Year 3 months 17 days, total return is 3.2%

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

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

2020年2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

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

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

12月28日星期六：Hotel Sri Petaling, KL

2020年2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru

3) 【公司业绩分享会】:
2p.m. – 7p.m.，免费茶和咖啡

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

2020年2月21日星期五：Silka Johor Bahru Hotel, Johor Bahru 7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
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[KUMPULAN FIMA BHD: higher manuring cost incurred by its Indonesian subsidiary; their plantation estates in Malaysia which are newly matured and still in the process of land development or palm planting]

Group profit before tax ("PBT") has slightly decreased by RM0.31 million or 2.0% to RM15.45 million as compared to the corresponding period last year.

Manufacturing Division:
Revenue from Manufacturing Division has slightly decreased by 2.2% to RM30.18 million from RM30.86 million last year.

Plantation Division:
The division has recorded loss before tax of RM1.88 million as compared to same period last year, mainly due to higher manuring cost incurred by its Indonesian subsidiary. Their plantation estates in Malaysia which are newly matured and still in the process of land development or palm planting registered a total pretax loss of RM3.57 million as compared to RM2.88 million pretax loss recorded in the corresponding period last year.

Bulking Division:
The division's PBT increased by RM1.46 million to RM10.55 million as compared to the same corresponding period last year.

Food Division:
The division's PBT has increased to RM4.39 million as compared to RM1.58 million recorded in the same period last year.

QoQ:
The Group revenue decreased by RM20.33 million to RM114.75 million as compared to the preceding quarter, as a result of lower revenue recorded by all four main divisions.

Manufacturing Division:
Manufacturing Division's revenue decreased by RM2.74 million or 8.3% in the current quarter as compared to the preceding quarter. The decline was mainly due to decrease volume of certain travel documents. On the back of lower revenue coupled with additional inventories written down, PBT has also decreased to RM4.44 million in current quarter.

Plantation Division:
Plantation Division's revenue for the quarter decreased by RM9.77 million or 26.0%, as compared to the preceding quarter mainly due to lower sales volume of CPO and CPKO. In line with decrease in revenue, the division recorded lower PBT by RM1.76 million during the quarter.

Bulking Division:
Revenue from Bulking Division of RM20.30 million was slightly lower by 7.2% or RM1.58 million as compared to the preceding quarter mainly due to lower contribution from edible oil segment. In line with lower revenue, PBT has recorded a marginal decrease by RM0.17 million to RM10.55 million as compared to the preceding quarter.

Food Division:
Revenue from Food Division has decreased by RM6.33 million or 15.2% to RM35.27 million as compared to the preceding quarter due to lower sales volume of mackerel and tuna products.

Prospects:
Manufacturing Division - The division will continue its concerted efforts to establish new strategic alliances to develop new products and solutions to complement its existing products.

Plantation Division - The overall performance of the oil palm production and processing is very much influenced by the direction of palm oil prices and their estates' yield.

Bulking Division - The division is looking at securing more long term contracts with customers as well as handling higher margin products.

Food Division faces many challenges ahead, particularly in Papua New Guinea where the division's main operation is located, amidst intense market competition from cheaper imported products and currency fluctuation.
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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