[YONG TAI BHD：获得马六甲州政府的批准，用于在印象城开发国际邮轮码头；拟议中的这个邮轮码头预计将在不久的将来完成后为YTB集团的业务做出积极贡献，因为它将帮助吸引国际和本地游客前往印象城Encore Melaka剧院，尤其是增加了新设施后]

2Q20 vs 2Q19:
物业发展：
截至2019年12月31日的本季度，该集团录得收入878万令吉和PBT 191万令吉，而去年同期的收入为1824万令吉和PBT 250万令吉。

物业投资：
截至2019年12月31日止的本季，集团录得Encore Melaka票房收入191万令吉及LBT 687万令吉，而上一季度的收入为250万令吉和953万令吉的LBT。尽管2020年第二季度门票销售低迷，但由于永大对场馆运营成本进行了成本合理化，房地产投资部门的LBT有所减少。

YTD20 vs YTD19：
物业发展：
在迄今的财政期间，集团取得3,542万令吉的营业额和865万令吉的PBT，而去年同期的收入为4,290万令吉和593万令吉的PBT。尽管2Q PTD 2020的收入较低，但由于其正在进行的一些开发项目节省了成本，因此在这六个月中，PBT较高。

物业投资：
在迄今的财政期间，该集团的收入为472万令吉，并产生1,358万令吉的LBT。

2Q20 vs 1Q20：
集团目前的季度税前亏损为496万令吉，相比之下，截至2019年9月30日的上一季度的税前利润为3万令吉。

前景：
随着政府发起的Visit Malaysia 2020 (“VM 2020”)运动的开展，该集团预计2020财年Encore Melaka的剧票购买率将有所提高，门票销售将增加。

尽管政府已宣布正在考虑采取经济刺激措施并重新制定VM 2020计划以减轻COVID-19疫情对经济的负面影响，但集团预计Encore Melaka的门票销售将在FY 2020下半年下降。由于马来西亚，中国和其他国家/地区的政府实施旅行禁令/旅行限制，票务销售被取消以及中国旅游预订量呈下降趋势。

在房地产开发部门，永大将专注于减少存货。最近，该集团还获得马六甲州政府的批准，用于在印象城开发国际邮轮码头。拟议中的这个邮轮码头预计将在不久的将来完成后为YTB集团的业务做出积极贡献，因为它将帮助吸引国际和本地游客前往印象城Encore Melaka剧院，尤其是增加了新设施后。
-----------------------------
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 RM1.70 (dividend RM0.025) in 1 year 6 months 30 days, total return is 141.3%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.68 (dividend RM0.04) in 1 year 8 months 12 days, total return is 116.4%

c) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM3.24 (adjusted)(dividend RM0.055) in 9 months 11 days, total return is 97.3%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.83 in 1 year 1 month 22 days, total return is 44.3%

e) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM1.89 (dividends RM0.113) in 1 Year 5 months 6 days, total return is 26%

f) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM0.945 (dividend RM0.015) in 1 Year 2 months 26 days, total return is 20%

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：Espira 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：Espira 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
-------------------------
[YONG TAI BHD: The Group has obtained the approval from State Government of Melaka for the proposed development of an international cruise terminal at Impression City; this proposed cruise terminal is expected to contribute positively to YTB Group’s business in near future upon completion, as it would help to attract international and local tourists to the attractions at Impression City-Encore Melaka theatre, especially as new facilities are added]

2Q20 vs 2Q19:
Property Development:
The Group recorded revenue of RM8.78 million and PBT of RM1.91 million for the current quarter ended 31 December 2019 as compared to revenue of RM18.24 million and PBT of RM2.50 million in the preceding year quarter.

Property Investment:
The Group recorded RM1.91 million of Encore Melaka ticket revenue and LBT of RM6.87 million for the current quarter ended 31 December 2019 as compared to revenue of RM2.50 millin and LBT of RM9.53 million in the preceding year quarter. Despite the low ticket sales in 2Q 2020, the LBT from the property investment segment has reduced following the cost rationalisation exercise undertaken by the Group on the theare operation costs.

YTD20 vs YTD19:
Property Development:
During the financial period to-date, the Group achieved revenue of RM35.42 million and PBT of RM8.65 million as compared to revenue of RM42.90 million and PBT of RM5.93 million in the preceding year quarter. Despite lower revenue recognised for 2Q PTD 2020, the PBT during the first 6-month under review was higher due to cost savings from some of its on-going development projects.

Property Investment:
During the financial period to-date, the Group registered revenue of RM4.72 million and incurred LBT of RM13.58 million.

2Q20 vs 1Q20:
The Group’s current quarter loss before tax is RM4.96 million as compared to RM0.03 million profit before tax reported in the preceding quarter ended 30 September 2019.

Prospects:
The Group is expecting to see improvement in occupancy rate and higher ticket sales for Encore Melaka in FY 2020, with the implementation of various promotional activities under the Visit Malaysia 2020 (“VM 2020”) campaign that has been launched by the Government.

While the Government has announced that it is looking at introducing economic stimulus measures and re-strategising the VM 2020 plan to mitigate the negative economic impact from the COVID-19 outbreak, the Group anticipates the ticket sales at Encore Melaka will decline in second half of FY 2020, following ticketing sales cancellations and the falling trend of tour bookings from China as a result of travel ban/restriction imposed by the government of Malaysia, China and various countries.

On the property development division, the Group will focus on reducing its inventories. Recently, the Group has also obtained the approval from State Government of Melaka for the proposed development of an international cruise terminal at Impression City. This proposed cruise terminal is expected to contribute positively to YTB Group’s business in near future upon completion, as it would help to attract international and local tourists to the attractions at Impression City-Encore Melaka theatre, especially as new facilities are added.
--------------------------------------------------------------------------
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