[POS MALAYSIA BHD：2020财年年初政府将在tariff调整方面取得有利成果；诸如SendParcel之类的新平台有望增强Pos Malaysia在中小企业市场的竞争力]

财政期间：
截至2019年9月30日的财政期间，大马邮政的收入为11.23亿令吉，较2018年9月30日同期的11.792亿令吉来得低。

邮政服务：
邮政服务部门的营业额为2亿9400万令吉，低于3亿2千930万令吉。

快递：
Courier录得的收入为4.246亿令吉，比截至2018年9月30日同期的4.236亿令吉略高。这是由于合约客户的销量增加所致。

国际：
国际收入增加了590万令吉，部分原因是自本财政年度开始以来价格的调整。

后勤：
物流业务的收入减少420万令吉，主要由于在Pengerang的炼油和石化综合开发项目（“ RAPID”）的完成，并被运输和汽车物流业务的收入增加所抵消。

航空货运：
航空较截至2018年9月30日的同期减少了2,010万令吉，主要是由于处理的货运吨位减少。

其他：
其他部门包括印刷和植入，数字证书和Ar Rahnu的收入减少了350万令吉，主要是由于较低的印刷和植入业务。

截至2019年9月30日的财政期间，大马邮政的税前亏损为5090万令吉，而截至2018年9月30日的同期亏损为600万令吉。

本季度：
截至2019年9月30日的财政季度，大马邮政的收入为5.5亿令吉，低于截至2018年9月30日的相应季度的5.887亿令吉。

邮政服务：
邮政服务部门的收入从1亿5千730万令吉减少至1亿4650万令吉。

快递：
截至2018年9月30日的同期，快递公司的收入为2.001亿令吉，而上一季度为2.191亿令吉。

国际：
国际收入增加了760万令吉，主要是由于价格调整。

后勤：
物流业务的收入减少470万令吉，主要是由于在Pengerang的炼油和石化综合开发项目（“ RAPID”）的完成。

航空货运：
与截至2018年9月30日止的同期相比，航空减少890万令吉，主要是由于处理的货运吨数减少。

其他：
其他部门，包括印刷和植入，数字证书和Ar Rahnu，收入减少290万令吉，主要是由于印刷和植入业务的收入减少。

截至2019年9月30日的财政季度，大马邮政的税前亏损为3,540万令吉，而截至2018年9月30日的相应季度则为亏损1,900万令吉。

QoQ:
该集团在截至2019年9月30日的本季度录得3,540万令吉的税前亏损，而截至2019年6月30日的上一季度的亏损为1,550万令吉，主要是由于收入减少了2,300万令吉。

前景：
马来西亚邮政总局预计，2020财年年初政府将在tariff调整方面取得有利成果。他们正在建立服务于不断发展的电子商务市场的能力。因此，正在对自动化和数字技术进行投资，以提高运营效率，并提供增值服务，以与竞争对手区分开。诸如SendParcel之类的新平台有望增强Pos Malaysia在中小企业市场的竞争力。

跨境电子商务交易量的增长是马来西亚邮政国际业务的主要驱动力，主要发达国家的稳定经济增长推动了跨境交易量的增加。这是马来西亚邮政将继续专注于增长的领域。马来西亚邮政局还与政府合作，以减轻最近的万国邮政联盟（UPU）协议的影响，该协议提高了国际和国内邮政费率的tariff。

物流业务的前景在很大程度上受到汽车行业的推动。他们正在利用现有和新客户群中的新模型。他们也正在寻找市场，例如专门从事化学品和液化天然气运输的市场。

对于航空业务，正在与计划将其业务扩展到马来西亚的目标航空公司进行讨论。他们还通过与全球行业参与者的战略伙伴关系建立合资企业，以使其能够利用其全球网络来提高收入和盈利能力。计划中包括对工程服务进行阶段性检查，通过与全球物流公司，航空公司和电子商务公司合作来探索“一带一路”（OBOR）计划所创造的机会，以增加电子商务量业务处理。总体而言，大马邮政对其业务持乐观态度。
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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 RM2.20 (dividend RM0.025) in 1 year 3 months 30 days, total return is 211.2%

b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.30 in 10 months 22 days, total return is 126.1%

c) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM1.01 in 3 months 17 days, total return is 122%

d) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.42 (dividend RM0.04) in 1 year 5 months 11 days, total return is 83.6%

e) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.78 (adjusted)(dividend RM0.01) in 6 months 10 days, total return is 67.1%

f) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.38 in 5 months 12 days, total return is 53.3%

g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.35 (dividends RM0.083) in 1 Year 2 months 5 days, total return is 53%

h) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.19 in 11 months 26 days, total return is 48.8%

i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.30 (dividend RM0.018) in 11 months 19 days, total return is 36.6%

j) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.66 (dividend RM0.07) in 1 Year 24 days, total return is 36.2%

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。

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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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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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[POS MALAYSIA BHD: Pos Malaysia expects a favourable outcome on tariff rebalancing from the Government in early FYE2020; new platforms such as SendParcel are expected to enhance Pos Malaysia’s competitiveness in the SME market]

Financial period:
The Group recorded lower revenue of RM1,123.0 million for the financial period ended 30 September 2019 as compared to RM1,179.2 million in the previous corresponding period ended 30 September 2018.

Postal Services:
Postal Services registered lower revenue of RM294.0 million as compared to RM329.3 million.

Courier:
Courier recorded slightly higher revenue of RM424.6 million compared to RM423.6 million registered in the previous corresponding period ended 30 September 2018. This is contributed by the increased volume from contract customers.

International:
International revenue increased by RM5.9 million partly due to the revision in pricing since the beginning of the financial year.

Logistics:
Logistics registered lower revenue by RM4.2 million mainly due to the completion of Refinery and Petrochemical Integrated Development Project (“RAPID”) in Pengerang and offset by higher revenue in haulage and automotive logistics.

Aviation:
Aviation dropped by RM20.1 million compared to previous corresponding period ended 30 September 2018 mainly contributed by lower tonnage of cargo handled.

Others:
Other segments which consist of printing and insertion, digital certificates and Ar Rahnu, generated a decrease in revenue of RM3.5 million mainly due to lower printing and insertion business.

For the financial period ended 30 September 2019, the Group registered a loss before tax of RM50.9 million from RM6.0 million loss in the corresponding period ended 30 September 2018.

This quarter:
The Group recorded lower revenue of RM550.0 million for the financial quarter ended 30 September 2019 as compared to RM588.7 million in the previous corresponding quarter ended 30 September 2018.

Postal Services:
Postal Services registered lower revenue of RM146.5 million as compared to RM157.3 million.

Courier:
Courier recorded lower revenue of RM200.1 million compared to RM219.1 million registered in the previous corresponding quarter ended 30 September 2018.

International:
International revenue increased by RM7.6 million mainly due to the revision in pricing.

Logistics:
Logistics registered lower revenue by RM4.7 million mainly due to the completion of Refinery and Petrochemical Integrated Development Project (“RAPID”) in Pengerang.

Aviation:
Aviation decreased by RM8.9 million compared to previous corresponding quarter ended 30 September 2018 mainly contributed by lower tonnage of cargo handled.

Others:
Other segments which consist of printing and insertion, digital certificates and Ar Rahnu, generated a decrease in revenue of RM2.9 million mainly due to lower revenue from printing and insertion business.

For the financial quarter ended 30 September 2019, the Group registered a loss before tax of RM35.4 million from RM19.0 million loss in the corresponding quarter ended 30 September 2018.

QoQ:
The group recorded a loss before tax of RM35.4 million in the current quarter ended 30 September 2019 compared to a loss of RM15.5 million in the preceding quarter ended 30 June 2019 mainly due to lower revenue by RM23.0 million.

Prospects:
Pos Malaysia expects a favourable outcome on tariff rebalancing from the Government in early FYE2020. They are building capabilities to serve the growing e-Commerce market. Hence, investments in automation and digital technology are being made to enable higher operational efficiencies and also to provide value added services as a differentiator vis-à-vis competitors. New platforms such as SendParcel are expected to enhance Pos Malaysia’s competitiveness in the SME market.

The growing cross-border e-Commerce volume is the key driver of Pos Malaysia’s International business and the steady economic growth in major developed countries has contributed to the higher cross-border volumes. This is an area where Pos Malaysia would continue to focus as a driver of growth. Pos Malaysia is also working with the Government to lessen the impact to the Rakyat by the recent Universal Postal Union (UPU) agreement to raise tariff both on international and domestic postal remuneration rates.

The outlook for the Logistics business is largely driven by the automotive industry. They are capitalising on the new models from their existing and new customer base. They are also looking into niche segments such as those specialising in transporting chemicals and liquidated gas.

For Aviation business, discussions with the targeted airlines planning to expand their operation to Malaysia are ongoing. They are also establishing joint ventures through strategic partnerships with global industry players to enable them to leverage on their global network to enhance revenue and profitability. Included in the plans are doing out-of-phase checks for engineering services, exploring the opportunities created by the One Belt One Road (OBOR) initiatives by engaging global logistics companies, airlines and e-commerce companies to increase the volume of e-commerce business handled. Overall, the Group is optimistic about its businesses.
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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