James的股票投资James Share Investing

[转贴] [MCT BHD:重点仍将放在价格介于250,000令吉和750,000令吉之间的住宅物业,以及一些商业物业单位,以补充已完成的项目] - James的股票投资James Share Investing

James Ng
Publish date: Wed, 15 Apr 2020, 08:44 AM

[MCT BHD:重点仍将放在价格介于250,000令吉和750,000令吉之间的住宅物业,以及一些商业物业单位,以补充已完成的项目]

这季:
集团在本季度录得收入1.18亿令吉,较截至2019年9月30日的上一季度的1.41亿令吉下降16%。下降主要是由于完成率高的项目的销售速度放缓如Lakefront Residence Phase 2和Casa Wood @ Cyber​​south。

这季度的总支出从截至2019年9月30日的上一季度的3,700万令吉增加1,600万令吉,至5,300万令吉。该增加主要是由于确认了减记的900万令吉的存货以及投资物业和right of use assets的减值亏损分别为1,100万令吉和300万令吉。

此外,作为集团现金管理工作的一部分,集团从最终控股公司获得了5.15亿令吉的贷款,以偿还所有未偿还的借款。这导致本季度的外汇变现亏损达300万令吉。因此,集团在本季度录得1,800万令吉的税后盈利。

YTD19 vs YTD18:
截至2019年12月31日的12个月期间,集团录得4亿6100万令吉收入。

前景:
根据政府发起的首次购房活动,房地产业在2019年下半年的交易量略有上升。鉴于集团预期在2020年第一季度之前在Cyber​​south推出新阶段,集团的前景仍然乐观。集团的重点仍将放在价格介于250,000令吉和750,000令吉之间的住宅物业,以及一些商业物业单位,以补充已完成的项目。
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Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.03 (dividend RM0.04) in 1 year 8 months 2 days, total return is 189.5%

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c) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM3.08 (adjusted)(dividend RM0.055) in 10 months 12 days, total return is 87.7%

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e) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.17 (dividend RM0.148) in 1 Year 6 months 7 days, total return is 45.8%

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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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[MCT BHD: The Group’s focus will remain at residential properties that are priced between RM250,000 and RM750,000, with some commercial units to complement the completed projects]

This quarter:
The Group recorded revenue of RM118 million for the current quarter under review, a 16% drop from the RM141 million recorded for the preceding quarter ended 30 September 2019. The decrease was mainly due to the slowdown in sales velocity for projects with high completion rates such as Lakefront Residence Phase 2 and Casa Wood @ Cybersouth.

Total expenses for the quarter under review increased by RM16 million to RM53 million from RM37 million recorded for the preceding quarter ended 30 September 2019. The increase was mainly due to the recognition of inventories written down of RM9 million and impairment loss on investment properties and right of use assets of RM11 million and RM3 million respectively.

Further, as part of the Group’s cash management efforts, the Group undertook a RM515 million loan from the ultimate holding company to repay all outstanding borrowings. This led to a realised loss on foreign exchange amounting to RM3 million for the current quarter under review. Consequently, the Group recorded profit after tax of RM18 million for the current quarter under review.

YTD19 vs YTD18:
The Group recorded revenue of RM461 million for the 12 months period ended 31 December 2019.

Prospects:
The property sector saw a marginal uptick in transaction in the 2nd half of 2019 pursuant to the Home Ownership Campaign initiated by the Government to increase first-time home ownership. The outlook for the Group remains positive given that the Group is expecting to launch a new phase at Cybersouth by the first quarter of 2020. The Group’s focus will remain at residential properties that are priced between RM250,000 and RM750,000, with some commercial units to complement the completed projects.
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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

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