[IGB REAL ESTATE INVESTMENT TRUST：租金收入增加]

4Q19 vs 4Q18:
在本季度，IGB REIT的总收入为1.396亿令吉，较2018年同期的1.372亿令吉增长1.8％。这主要是由于本季度的租金收入增加。税后盈利为7530万令吉，较2018年同期的1.055亿令吉下降28.7％。

YTD19 vs YTD18：
在当前期间，IGB REIT的总收入为5.521亿令吉，较2018年同期的5.357亿令吉增长3.1％。这主要是由于本期迄今为止的租金收入增加。净产业收入为3.988亿令吉，较2018年同期的3.863亿令吉增长3.2％。这主要是由于本期迄今为止的租金收入增加。尽管本期间迄今的总收入增加和净产业收入增加（主要是由于租金收入增加所致），但税后利润为3.159亿令吉，较2018年同期的3亿3380万令吉下降5.4％。

4Q19 vs 3Q19：
在本季度，IGB REIT的总收入为1.396亿令吉，较上一季度的1.363亿令吉增加2.4％，这主要是由于本季度的租金收入增加。税后利润为7530万令吉，比上一季度的7980万令吉降低了5.7％，这主要是由于本季度的维护费用增加。

前景：
Retail Group Malaysia (“RGM”)预测，马来西亚零售业的销售额将在2020年增长4.6％，达到1,124亿令吉。怡保花园产托决心继续推进其资产增强计划，并通过带来创新，与租户以及公司合作伙伴共同开展独家活动，为购物者和访客开展现场促销活动。 IGB REIT将继续致力于为利益相关者创造长期价值，并期待带来新的零售经验来激发市场。
-----------------------------
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 RM1.47 (dividend RM0.025) in 1 year 7 months 4 days, total return is 109%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.47 (dividend RM0.04) in 1 year 8 months 15 days, total return is 89.9%

c) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.55 (adjusted)(dividend RM0.055) in 9 months 14 days, total return is 56%

d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.70 in 1 year 1 month 25 days, total return is 21.7%

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

7月5日星期日：Espira Sri Petaling, KL 3份点心

7月11日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心

7月19日星期日：AG Hotel Penang, George Town 2份点心

2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐

7月4日星期六：Espira Sri Petaling, KL

7月12日星期日：Silka Johor Bahru Hotel, Johor Bahru

7月18日星期六：AG Hotel Penang, George Town

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
-----------------
[IGB REAL ESTATE INVESTMENT TRUST: higher rental income]

4Q19 vs 4Q18:
For the current quarter, IGB REIT’s gross revenue was RM139.6 million, up 1.8% against the corresponding quarter in 2018 of RM137.2 million. This was mainly due to higher rental income in the current quarter. Profit after taxation was RM75.3 million, down 28.7% compared with the corresponding quarter in 2018 of RM105.5 million.

YTD19 vs YTD18:
For the current period-to-date, IGB REIT’s gross revenue was RM552.1 million, up 3.1% against the corresponding period-to-date in 2018 of RM535.7 million. This was mainly due to higher rental income in the current period-to-date. Net property income was RM398.8 million, up 3.2% compared with the corresponding period-to-date in 2018 of RM386.3 million. This was mainly due to higher rental income in the current period-to-date. Despite the higher gross revenue and higher net property income in the current period-to-date mainly arising from higher rental income, the profit after taxation was RM315.9 million, down 5.4% compared with the corresponding period-to-date in 2018 of RM333.8 million.

4Q19 vs 3Q19:
For the current quarter, IGB REIT’s gross revenue was RM139.6 million, 2.4% higher compared with the immediate preceding quarter of RM136.3 million, mainly due to higher rental income in the current quarter. Profit after taxation was RM75.3 million, 5.7% lower compared with the immediate preceding quarter of RM79.8 million, mainly due to higher maintenance expenses in the current quarter.

Prospects:
Retail Group Malaysia (“RGM”) has forecast an improved growth in sales for the Malaysian retail industry of 4.6% to RM112.4 billion in 2020. IGB REIT is determined to continue to push ahead with its Asset Enhancement Initiatives, and bring on creative activities and exclusive events by working with tenants as well as corporate partners, to raise on-ground promotional activities for shoppers and visitors. IGB REIT remains committed to create long-term value for stakeholders, and looks forward to bringing new retail experiences that excite the market.
--------------------------------------------------------------------------
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