[THONG GUAN INDUSTRIES BHD：完成了其第四条优质拉伸膜生产线，一条新的吹膜挤出生产线以及其第11条PVC食品包装线的调试；随着额外产能的投产以及快递袋和其他产品部门的不断扩大，通源工业对销量和利润的上升趋势保持乐观]

在截至2019年9月30日的季度（3Q19），通源工业录得2亿5655万令吉的收入，而2018年同期（3Q18）录得2亿2159万令吉。塑料和石油产品部门的收入增长了16.9％，这是由于其拉伸膜，垃圾袋和快递袋的销量增加了。与3Q18相比，食品，饮料和其他消费品的销售额略有增长。

截至2019年9月30日止季度（3Q19），集团的塑料制品部门的PBT为2224万令吉，而其食品，饮料和其他消耗品部门的PBT为94万令吉，而3Q18录得利润为1251万令吉及48万令吉亏损。

本季度税前利润的增长主要是由于其拉伸膜，工业膜和袋子，垃圾袋和快递袋的销量增加和盈利能力提高。食品和饮料税前利润的增长主要来自茶叶产品带来的销售增长。

在过去的9个月里，集团的塑料制品部门的收入增长了9.9％或5898万令吉。该集团的食品，饮料和其他消费品部门也实现了4.4％或195万令吉的增长。前9个月的总收入为7亿344万令吉，比去年同期的6亿4251万令吉增长了9.5％。收入增加的主要原因是其拉伸膜和快递袋的出口销售增加。

截至2019年9月30日止的9个月累计，集团的塑料制品事业部税前盈利为5179万令吉（2018年：3464万令吉），而食品，饮料及其他消费品事业部取得了240万令吉的利润（2018年：亏损209万令吉）。

累计9个月的税前利润较高，主要是由于拉伸膜和快递袋的出口增加。美元兑马币汇率走强以及其主要原材料价格下跌也加强了PBT。对于食品，饮料和其他消费品部门，税前利润的增长主要来自茶和咖啡产品的销售。

QoQ：
收入和PBT均比上一季度有所增长，主要是由于其大多数塑料产品和新的快递袋部门的销量增加。

前景：
截至2019年9月30日的当前季度，通源工业的收入和利润均取得令人鼓舞的两位数增长。通源工业一直在努力，并有具体计划为其产品寻找新客户和市场。该集团已于本季度完成了其第四条优质拉伸膜生产线，一条新的吹膜挤出生产线以及其第11条PVC食品包装线的调试。随着额外产能的投产以及快递袋和其他产品部门的不断扩大，通源工业对销量和利润的上升趋势保持乐观。除非有任何不可预见的情况，通源工业预计将继续其所有业务部门的增长计划。
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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 RM1.98 (dividend RM0.025) in 1 year 3 months 9 days, total return is 180.4%

b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.33 in 9 months 30 days, total return is 131.3%

c) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM1.05 in 2 months 25 days, total return is 130.8%

d) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.46 (dividend RM0.04) in 1 year 4 months 20 days, total return is 88.7%

e) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.23 in 11 months 5 days, total return is 53.8%

f) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.52 (dividend RM0.01) in 5 months 19 days, total return is 51.5%

g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.31 (dividends RM0.083) in 1 Year 1 month 14 days, total return is 50.5%

h) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.71 (dividend RM0.07) in 14 months 29 days, total return is 40.2%

i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.32 (dividend RM0.018) in 10 months 27 days, total return is 38.7%

j) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.22 (dividend RM0.22) in 1 Year 1 month 7 days, total return is 29.1%

k) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.15 in 4 months 21 days, total return is 27.8%

l) PESTECH (PESTECH INTERNATIONAL BHD), recommended on 2 Jun 19, initial price was RM1.04, rose to RM1.31 in 5 months 19 days, total return is 26%

m) DESTINI (DESTINI BHD), recommended on 24 Sep 19, initial price was RM0.20, rose to RM0.24 in 1 months 26 days, total return is 20%

n) SWKPLNT (SARAWAK PLANTATION BHD), recommended on 24 Mar 19, initial price was RM1.55, rose to RM1.72 (dividend RM0.05) in 7 months 28 days, total return is 14.2%

o) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.34 (dividends RM0.111) in 1 Year 3 months 21 days, total return is 12.4%

p) FIAMMA (FIAMMA HOLDINGS BHD), recommended on 23 Sep 18, initial price was RM0.495, rose to RM0.52 (dividend RM0.0225) in 1 year 1 month 29 days, total return is 9.6%

q) STRAITS (STRAITS INTER LOGISTICS BHD), recommended on 28 Jul 19, initial price was RM0.21, rose to RM0.22 in 3 months 21 days, total return is 4.8%

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

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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
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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[THONG GUAN INDUSTRIES BHD: The Group has completed commissioning its fourth premium stretch film production line, a new blown film extrusion line and its 11th PVC food wrap line during the quarter; with the additional capacity coming on stream and the continued expansion of the courier bags and other product divisions, the Group is optimistic to continue its upward trend in sales volume and profitability]

For the quarter ended 30 September 2019 (3Q19), the Group registered a revenue of RM256.55 million as compared to RM221.59 million recorded in the corresponding quarter of 2018 (3Q18). The 16.9% increase for the plastic and petroleum products' segment revenue was due to the increase in sales volume of its stretch film, garbage bags and courier bags. There is a modest increase in the sales of food, beverages and other consumable products as compared to 3Q18.

For the quarter ended 30 September 2019 (3Q19), the Group's plastic products division recorded a PBT of RM22.24 million while its food, beverages and other consumable products division recorded a PBT of RM0.94 million respectively as compared to a profits of RM12.51 million and a loss of RM0.48 million recorded in 3Q18.

The Improvement of profit before tax for the current quarter was mainly due to the increase of sales volume and profitablility of its stretch film, industrial film and bags, garbage bags and courier bags. The improvement in profit before tax of food and bevarages was mainly from the sales increase contributed by tea products.

For the nine months cummulative period, the Group recorded a growth in revenue of 9.9% or RM58.98 million for its plastic products division. The Group also achieved a 4.4% or RM1.95 million growth in its food, beverages and other consumable products division. The total revenue for the nine months cummulative period is RM703.44 million, a growth of 9.5% as compared to the preceeding year's corresponding period of RM642.51 million. The increased in revenue was mainly contributed by the increase in export sales of its stretch film and courier bags.

The Group's profit before tax for the 9 months cumulative period ended 30 September 2019 is RM51.79 million (2018: RM34.64 million) for its plastic products division while its food, beverages and other consumable products division recorded a profit of RM2.40 million (2018: loss of RM2.09 million).

The higher profit before tax for the 9 months cumulative period was mainly due to the increase in export on stretch films and courier bags. The strengthened US dollar against MYR and the decrease in the prices of its major raw materials also strengtened the PBT. For the food, beverages and other consumable products division, the increase in the profit before taxation mainly comes from the sales of tea and coffee products.

QoQ:
The higher revenue and PBT recorded as compared to the preceding quarter was mainly due to the increase in the sales volume of most of its plastic products and the new courier bags division.

Prospects:
For the current quarter ended 30 September 2019, the Group recorded a very encouraging double digit growth in revenue and profitability. The Group has been working hard and has concrete plans to look for new customers and markets for its products. The Group has completed commissioning its fourth premium stretch film production line, a new blown film extrusion line and its 11th PVC food wrap line during the quarter. With the additional capacity coming on stream and the continued expansion of the courier bags and other product divisions, the Group is optimistic to continue its upward trend in sales volume and profitability. Barring any unforeseen circumstances, the Group expects to continue its growth plans for all its business units.
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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