[MAGNI-TECH INDUSTRIES BHD：收到更高的销售订单]

3Q20 vs 3Q19:
尽管由于2020年第3季度的节日期间两个业务部门的工作日缩短，但2020年第3季度的收入比2019年第3季度增长了1.5％，达到3.13546亿令吉。服装业务部门在Q3-FYR 2020的收入增长了2.4％主要是由于收到更高的销售订单。

2020财年第3季度的税前利润（PBT）为4225万令吉，较2019财年第3季度下降9.7％。服装2020财年第3季度的PBT下降11.0％，主要是由于产生的营业成本相对于收入而言较低以及负面外汇影响达101.5万令吉，即外汇损失为61.6万令吉，而2019年第三季度的外汇收益为39.9万令吉。尽管收入下降，但2020年第三季度的Packaging PBT增长了81.6％，这主要是由于销售材料成本和运营成本的降低。

YTD20 vs YTD19：
年初至今的收入比上一年度迄今增加了12.4％至9.42205亿令吉。服装收入增长了14.8％，主要是由于收到了更多的销售订单。年初至今的PBT较上一年度迄今增加了13.4％，至1亿2058.4万令吉。服装PBT较上一年度迄今增加13.4％，主要是由于收入增加，营业费用相对于收入减少，投资相关收入增加，但外汇收益减少了179.7万令吉（即减少至200.4万令吉，去年同期为380.1万令吉），从而部分抵消了。尽管收入下降，但包装PBT增长了2.2％，这主要是由于销售的材料成本降低了。

3Q20 vs 2Q20：
尽管两个业务部门的工作日都很短，但与2020财年第二季度相比，2020财年第三季度的收入增长了4.1％。2020年第三季度服装收入增长了4.3％，这主要是由于收到的销售订单增加。 2020年第三季度的包装收入增长了1.6％，这主要是由于收到了更多的销售订单。

与2020财年第二季度相比，2020财年第三季度的PBT增长了10.8％。服装PBT增长了7.4％，这主要是由于2020财年第三季度的收入增加以及运营效率提高导致的营业费用降低，但部分被负面的外汇影响抵消了324.7万令吉（外汇亏损为61.6万令吉，而Q2-FYR 2020的外汇收益为263.1万令吉）。包装PBT增长78.2％，主要是由于较低的销售材料成本，较低的运营费用以及较高的收入。

前景：
服装的制造和销售仍将是美特工业的主要收入来源。他们正在采取积极措施减轻材料供应链中断（Covid-19）以及在马来西亚和越南运营所面临的物流挑战。
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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 RM2.03 (dividend RM0.025) in 1 year 6 months 27 days, total return is 187.4%

b) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM3.96 (adjusted)(dividend RM0.055) in 9 months 8 days, total return is 140.4%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.74 (dividend RM0.04) in 1 year 8 months 9 days, total return is 123.9%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.06 in 1 year 1 month 19 days, total return is 84.3%

e) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.00 (dividends RM0.113) in 1 Year 5 months 3 days, total return is 32.9%

f) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.03 (dividend RM0.015) in 1 Year 2 months 23 days, total return is 30.6%

g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.52 (dividend RM0.105) in 1 Year 3 months 21 days, total return is 28%

h) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.58 in 6 months 14 days, total return is 27.5%

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

3月29日星期日：Hotel Sri Petaling, KL 3份点心

4月19日星期日：AG Hotel Penang, George Town 2份点心

4月25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

3月28日星期六：Hotel Sri Petaling, KL

4月18日星期六：AG Hotel Penang, George Town

4月26日星期日：Silka Johor Bahru Hotel, Johor Bahru

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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[MAGNI-TECH INDUSTRIES BHD: higher sale orders received]

3Q20 vs 3Q19:
Revenue for Q3-FYR 2020 increased by 1.5% to RM313.546 million over Q3-FYR 2019 despite shorter working days across both business segments due to the festive period in Q3-FYR 2020. Garment segment delivered a 2.4% growth in revenue for Q3-FYR 2020 mainly due to higher sale orders received.

Profit before tax ("PBT") for Q3-FYR 2020 was RM42.250 million, a 9.7% drop from Q3-FYR 2019. Garment PBT for Q3-FYR 2020 dropped by 11.0% mainly due to higher operating costs incurred relative to revenue and negative forex impact by RM1.015 million, ie. forex loss of RM0.616 million versus forex gain of RM0.399 million in Q3-FYR 2019. In spite of lower revenue, Packaging PBT for Q3-FYR 2020 increased by 81.6% mainly due to lower material costs of sales and operating costs.

YTD20 vs YTD19:
Revenue for YTD increased by 12.4% to RM942.205 million as compared to Last YTD. Garment revenue grew by 14.8% mainly due to higher sale orders received. PBT for YTD improved by 13.4% to RM120.584 million as compared to Last YTD. Garment PBT increased by 13.4% as compared to Last YTD mainly due to higher revenue and lower operating expenses incurred relative to revenue, higher investment related income, which were partially offset by lower forex gain by RM1.797 million (ie. decreased to RM2.004 million from RM3.801 million in Last YTD). In spite of lower revenue, Packaging PBT increased by 2.2% mainly due to lower material costs of sales.

3Q20 vs 2Q20:
Revenue for Q3-FYR 2020 increased by 4.1% as compared to Q2-FYR 2020 despite short working days across both business segments. Garment revenue for Q2-FYR 2020 increased by 4.3% mainly due to higher sale orders received. Packaging revenue for Q2-FYR 2020 increased by 1.6% mainly due to higher sale orders received.

PBT for Q3-FYR 2020 increased by 10.8% as compared to Q2-FYR 2020. Garment PBT increased by 7.4% mainly due to higher revenue in Q3-FYR 2020 and lower operating expenses incurred resulting from improvement in operating efficiency, which were partially offset by negative forex impact by RM3.247 million (ie. forex loss of RM0.616 million versus forex gain of RM2.631 million in Q2-FYR 2020). Packaging PBT was 78.2% higher mainly due to lower material costs of sales, lower operating expenses incurred and higher revenue.

Prospects:
The manufacturing and sale of garment will still be the Group's major revenue contributor. They are taking proactive measures to mitigate material supply chain disruptions (Covid-19), and logistic challenges to their operations in Malaysia and Vietnam.
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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