[PESTECH INTERNATIONAL BHD：订单额达16.3亿令吉，并对本地及海外的进一步业务发展抱有积极的期望；决定着手参与了2019年8月19日提交的大规模太阳能3项目的招标]

4Q19 vs 4Q18:
该集团在本季度录得2亿8526万令吉的收入，而去年同期为1亿1930万令吉。在本财政季度，项目部门的收入为2亿8056万令吉，相比之下去年同期的财政季度为1亿1669万令吉。业绩与正在进行的输电，配电和铁路电气化项目的计划进度一致。截至2019年6月30日，他们的订单余额为16.3亿令吉，将在合同期内逐步实现。

本季度其他收入增加主要是由于有供应商2年信贷期的折价。这集团的税前盈利为4154万令吉，上年同期则为1762万令吉。这集团的税后盈利为3,631万令吉，上年同期则为1,626万令吉。这季度的PAT利润率为13.6％，高于集团9％至11％的目标。

4Q19 vs 3Q19：
集团在本季度录得2亿8526万令吉的收入，而前一季为2亿2206万令吉。这季度的税前利润为4154万令吉，上一季度为2369万令吉。这季度的税前盈利较高，这主要是由于毛利润增加至5936万令吉，而上一季度则为4099万令吉。

本季度其他收入增加，主要是因为与上一季度相比，美元对马来西亚令吉的汇率走强。该集团的税前利润为4154万令吉，而上一季度为2369万令吉。这季度和上一季度的PBT利润率分别为15％和11％。该集团的税后盈利为3,631万令吉，而上一季度则为2,251万令吉。这季度和上一季度的PAT利润率分别为13％和10％。

前景：
集团在2019财政年度的最后一个季度，订单额达16.3亿令吉，并对本地及海外的进一步业务发展抱有积极的期望。伴随着马来西亚能源，科学，技术，环境和气候变化部呼吁更多地实施可再生能源的呼吁，PESTECH决定着手参与了2019年8月19日提交的大规模太阳能3项目的招标。利用PESTECH核心技术团队的电力基础设施设计和工程能力，他们与本地和国外技术合作伙伴形成了合作关系，为了在技术和商业角度上为他们的投标建立一个最具竞争力的解决方案。这集团计划投资于专有技术和工具，这些技术和工具将能够为太阳能发电场和储能设施提供各种解决方案，以全天候利用太阳光的能量。

本地区也出现了类似的太阳能发电场和一般可再生能源的前景，PESTECH已将目光投向柬埔寨和缅甸，探索各种商业模式，无论是通过总承包合同执行还是通过特许经营，均可为集团带来正收入基础。

电力设备的数字化为自动化和监控电力分配提供了进一步的机会。他们在通讯模块中的专有技术在电力设备监控设备中的应用，使PESTECH可以向电力公司和公共机构利用现有的电网来提供服务。智能电能表已经成为其产品组合的一部分，也是本地区大多数电力公司寻求提高其客户服务质量的重要因素。

另一方面，这集团通过持续参与各种报价和招标活动，保持其在高压输电和铁路电气化领域的业务发展势头。东盟地区的高压输电项目的前景仍然令人鼓舞，特别是在出于社会消费目的急需电气化的发展中国家。在本地区，发展中国家正在寻求公共交通现代化解决方案，以改善物流基础设施，以提高生活水平并促进总体经济发展，这两种铁路（无论是城市铁路还是双轨铁路）的铁路电气化项目都会开始出现。因此，在他们踏上令人振奋的2020财政年度之际，管理层对集团保持正面的前瞻性展望。
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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 RM1.92 (dividend RM0.025) in 1 year 2 months 25 days, total return is 172%

b) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.975 in 2 months 12 days, total return is 114.3%

c) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.16 in 9 months 17 days, total return is 101.7%

d) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.40 (dividend RM0.04) in 1 year 4 months 7 days, total return is 81.1%

e) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.26 in 10 months 21 days, total return is 57.5%

f) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.45 (dividend RM0.01) in 5 months 6 days, total return is 47.3%

g) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.40 (dividend RM0.018) in 10 months 14 days, total return is 46.9%

h) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.16 (dividends RM0.083) in 1 Year 30 days, total return is 41.1%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.68 (dividend RM0.07) in 11 months 19 days, total return is 37.8%

j) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.20 (dividend RM0.22) in 1 Year 23 days, total return is 28%

k) DESTINI (DESTINI BHD), recommended on 24 Sep 19, initial price was RM0.20, rose to RM0.245 in 1 months 13 days, total return is 22.5%

l) PESTECH (PESTECH INTERNATIONAL BHD), recommended on 2 Jun 19, initial price was RM1.04, rose to RM1.26 in 5 months 6 days, total return is 21.2%

m) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.26 (dividends RM0.111) in 1 Year 3 months 8 days, total return is 10.4%

n) STRAITS (STRAITS INTER LOGISTICS BHD), recommended on 28 Jul 19, initial price was RM0.21, rose to RM0.23 in 3 months 8 days, total return is 9.5%

o) KAREX (KAREX BHD), recommended on 20 Oct 19, initial price was RM0.445, rose to RM0.475 in 21 days, total return is 6.7%

p) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM0.955 in 4 months 8 days, total return is 6.1%

q) FIAMMA (FIAMMA HOLDINGS BHD), recommended on 23 Sep 18, initial price was RM0.495, rose to RM0.50 (dividend RM0.0225) in 1 year 1 month 16 days, total return is 5.6%

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。

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

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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
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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

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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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[PESTECH INTERNATIONAL BHD: order book balance of RM1.63 billion and a positive expectation for further business development both locally and abroad; PESTECH decided to embark on the participation of the call for tender on the Large Scale Solar 3 project, which was submitted on 19 August 2019]

4Q19 vs 4Q18:
The Group registered revenue of RM285.26 million for current quarter under review as compared to RM119.30 million for the preceding year corresponding quarter. During the current financial quarter, revenue for Project segment was RM280.56 million as compared to RM116.69 million in the preceding year corresponding financial quarter. The performance was in line with the planned progress of on-going transmission, distribution and rail electrification projects. As of 30.6.2019, their order book balance stood at RM1.63 billion, which will be realised progressively over the contract periods.

Increase in other income in the current quarter were mainly due to unwinding discount of suppliers for 2 years credit term as compared to preceding year corresponding quarter. The Group recorded profit before tax of RM41.54 million as compared to RM17.62 million for the preceding year corresponding quarter. The Group recorded profit after tax of RM36.31 million as compared to RM16.26 million for the preceding year corresponding quarter. The PAT margin for the quarter under review was 13.6%, which is above the Group target of 9% to 11%.

4Q19 vs 3Q19:
The Group recorded revenue of RM285.26 million for current quarter under review as compared to RM222.06 million for the immediate preceding quarter. Profit before tax for the current quarter under review was recorded at RM41.54 million as compared to RM23.69 million for the immediate preceding quarter. The profit before tax for current quarter under review was higher, this was mainly due to higher gross profit at RM59.36 million, while immediate preceding quarter at RM40.99 million.

Increased in other income in the current quarter was mainly due to strengthening of United States Dollar against Ringgit Malaysia as compared to immediate preceding quarter. The Group recorded profit before tax of RM41.54 million as compared to RM23.69 million for the immediate preceding quarter. The PBT margin for the quarter under review and immediate preceding quarter were 15% and 11% respectively. The Group recorded profit after tax of RM36.31 million as compared to RM22.51 million for the immediate preceding quarter. The PAT margin for the quarter under review and immediate preceding quarter were 13% and 10% respectively.

Prospects:
The Group transits over the final quarter of financial year 2019 with an order book balance of RM1.63 billion and a positive expectation for further business development both locally and abroad. In conjunction with the call for greater implementation of renewable energy, particularly by the Malaysian Ministry of Energy, Science, Technology, Environment and Climate Change, PESTECH decided to embark on the participation of the call for tender on the Large Scale Solar 3 project, which was submitted on 19 August 2019. Leveraging on the power infrastructure design and engineering capability of PESTECH’s core group of technical team, they have formed collaboration with local and foreign technical partners in order to establish a most competitive solution for their bid in terms of both technical and commercial angle. The Group intends to invest into the know-how and tools that will be able to offer various solutions for solar energy farm and energy storage facility in order to harness energy from the sun round the clock.

Similar prospects for solar farm, and renewable energy in general, are also emerging in the region, and PESTECH has set its sight on Cambodia and Myanmar to explore various business models that could bring positive income to the Group either under turnkey contract implementation or on concession basis.

The digitalisation of power equipment has provided further opportunity to automate and to monitor the electric power distribution. The application of their know-how in communication modules to monitoring devices of power equipment allow PESTECH to offer services to electric utility and public authority utilising existing electrical network. The smart energy meter that is already part of their product portfolio also serve as an important ingredient that most electrical utilities in the region sought after in order to improve quality of services to their customers.

On the other hand, the Group is keeping its business momentum in the high voltage power transmission and rail electrification segments by continuously participate in various quotation and tender exercises. Prospects remain encouraging for high voltage power transmission projects in the ASEAN region, especially in less developed countries where electrification is dearly required for social consumption purposes. Rail electrification, both for urban rail and double track, projects are beginning to present themselves in this region where developing countries seek public transport modernization solutions to improve logistics infrastructure for the upgrading of living standard and enhancement of overall economic development. As such, the management maintains their positive forward looking perspective for the Group as they embark on an exciting financial year 2020.
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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