James的股票投资James Share Investing

[转贴] [Hextar Global Berhad:与Sumitomo Chemical Vietnam Co.,Ltd.签署了分销协议,以在越南分销其产品] - James的股票投资James Share Investing

James Ng
Publish date: Wed, 29 Apr 2020, 09:23 AM

[Hextar Global Berhad:与Sumitomo Chemical Vietnam Co.,Ltd.签署了分销协议,以在越南分销其产品;已接受Sime Darby Plantation Berhad授予的投标书,内容涉及在马来西亚,巴布亚新几内亚和所罗门群岛供应农药]

在本季度,该集团的总收入为8,277万令吉,比去年同期增加1,730万令吉或26.4%。该增加主要是由于收购后来自扩大后的农业部门的收入增加以及来自消费品部门的收入合并。

在今年迄今的基础上,该集团的总收入为3亿3728万令吉,比上一个财政年度增加6329万令吉或23.1%。该增加主要是由于收购后来自经扩大集团的收入增加。

在本季度,该集团的税前盈利为1068万令吉,而上一年同期为952万令吉,增加了116万令吉或12.2%。这主要是由于收购后扩大后的集团取得了积极成果。截至2019年12月31日的本财政年度,集团录得除税前盈利1118万令吉,而前一个财政年度为3815万令吉。

QoQ:
在本季度,集团录得除税前盈利1068万令吉,而前一个季度为1130万令吉,比前一季度减少62万令吉或5.5%。税前利润率由上一季度的11.6%增长至本季度的12.9%,增长了1.3%,这归功于集团不断努力实现成本合理化和提高运营效率。

前景:
农业领域:
收购于2019年4月30日宣布完成,这是该公司巩固其在马来西亚领先和最大的农用化学品生产商地位的巨大里程碑。这集团预见,这项卓越的业务合并将有能力通过增加产品范围和扩大分销网络(尤其是在新市场中的存在)来增强农用化学品业务的竞争力。

该集团在农业化学行业具有核心竞争力,这得益于其在研发,商业化和营销方面的实力,有超过500种产品注册。集团的产品品牌名称“ Hextar”是农用化学品市场上历史悠久的品牌,已有30多年的历史,在30多个国家/地区拥有广泛的分销网络。除此之外,农药行业的进入壁垒很高,因此,这集团在业务可持续性方面会不错。

在本季度中,Hextar Chemicals Sdn. Bhd.(公司的全资子公司)与Sumitomo Chemical Vietnam Co.,Ltd.签署了分销协议,以在越南分销其产品。这为集团在印度支那拥有更多的市场份额铺平了道路,印度支那主要活跃于其农业行业。此外,Hextar Chemicals Sdn. Bhd.已接受Sime Darby Plantation Berhad授予的投标书,内容涉及在马来西亚,巴布亚新几内亚和所罗门群岛供应农药。

消费品领域:
这集团已于2019年10月21日订立有条件的买卖协议,以卖掉业务合并后的空置物业,因业务已合并到一个地点,随后于2020年2月24日获得股东的批准来卖掉上述产业。

卖掉符合内部的重组,以将两个生产运营地点合并为一个运营地点。随着业务合并以及集团在成本合理化和提高运营效率方面的不断努力,该部门的税后亏损从上一财政年度的778万令吉减少至本财政年度的147万令吉。这集团对该部门的进一步改善非常乐观,并将继续监控该部门的财务表现。这集团仍专注于营运效率,盈利能力及业务可持续性。董事会认为,这集团准备在来临的财政年取得令人满意的财务业绩。
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Since Recommended Return:

a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM2.15 (dividend RM0.04) in 1 year 8 months 16 days, total return is 206.3%

b) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.60 (dividend RM0.04) in 1 year 9 months 27 days, total return is 106.3%

c) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM3.02 (adjusted)(dividend RM0.055) in 10 months 26 days, total return is 84.1%

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e) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.26 (dividend RM0.148) in 1 Year 6 months 21 days, total return is 51.4%

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。

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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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[Hextar Global Berhad: subsidiary of the Company had signed a distributor agreement with Sumitomo Chemical Vietnam Co., Ltd. for distribution its product in Vietnam; Hextar Chemicals Sdn. Bhd. had accepted a tender awarded by Sime Darby Plantation Berhad for supply of agrochemicals in Malaysia, Papua New Guinea and Solomon Islands]

For the current quarter, the Group registered a total revenue of RM82.77 million, representing an increase of RM17.30 million or 26.4% as compared to the corresponding quarter of the preceding year. The increase was mainly due to the increase in revenue from the enlarged Agriculture segment and the incorporation of revenue from the Consumer Products segment, following the Acquisition.

On the year-to-date basis, the Group registered a total revenue of RM337.28 million, an increase of RM63.29 million or 23.1% as compared to the corresponding preceding financial year. The increase was mainly due to the increase in revenue from the enlarged group following the Acquisition.

For the current quarter, the Group recorded a profit before taxation of RM10.68 million against RM9.52 million in the corresponding quarter of the preceding year, increased by RM1.16 million or 12.2%. The was mainly contributed by the positive results from the enlarged Group following the Acquisition. For the current financial year ended 31 December 2019, the Group recorded a profit before taxation of RM11.18 million against RM38.15 million in the corresponding preceding financial year.

QoQ:
During the current quarter, the Group recorded a profit before taxation of RM10.68 million against RM11.30 million in the immediate preceding quarter, representing a decrease of RM0.62 million or 5.5% as compared to the immediate preceding quarter. The profit before taxation margin improved from 11.6% in the immediate preceding quarter to 12.9% for the quarter under review, representing an increase of 1.3% as resulted from the Group continuous effort in cost rationalisation and improved operational efficiency.

Prospects:
Agriculture segment:
The Acquisition of which the announcement of completion was made on 30 April 2019 witnessed a tremendous corporate milestone for the Company to solidify its position as a leading and biggest producer of agrochemicals in Malaysia. The Group foresees this prominent business combination has the ability to enhance the competitiveness of their agrochemical business by increasing product range and extending distribution network especially the presence in the new markets.

The Group has core competencies in the agrochemical industry supported by its strength in research and development and commercialization and marketing of over 500 product registrations. The Group’s product brand name “Hextar” is a long-established brand name in the agrochemical market for more than 30 years with a wide distribution network of over 30 countries. In addition to that, the agrochemical industry has high barriers to entry, therefore, the Group enjoys the resilience for its business sustainability.

During the quarter under review, Hextar Chemicals Sdn. Bhd., a wholly-owned subsidiary of the Company had signed a distributor agreement with Sumitomo Chemical Vietnam Co., Ltd. for distribution its product in Vietnam. This paves way for the Group to have more market presence in Indochina which is predominantly active in its agriculture industry. In addition, Hextar Chemicals Sdn. Bhd. had accepted a tender awarded by Sime Darby Plantation Berhad for supply of agrochemicals in Malaysia, Papua New Guinea and Solomon Islands.

Consumer Products segment:
The Group had on 21 October 2019, entered into a conditional Sale and Purchase Agreement to dispose a property that has been left vacant following the consolidation of operations into a single location, and subsequently on 24 February 2020, obtained the approval from the shareholders for the disposal of the said property.

The disposal is in line with the internal re-organisation to consolidate two production operation locations into a single operation location. Following the consolidation of operations and the Group’s continuous effort in cost rationalisation and improved operational efficiency, the segment’s loss after taxation reduced from RM7.78 million in the preceding financial year to RM1.47 million for the current financial year. The Group is very positive for this segment to improve further moving forward and will continuously monitor the financial performance for this business segment. The Group remains focused on the operational efficiency, profitability and business sustainability. The Board is of the view the Group is poised to deliver a satisfactory financial performance for the financial year.
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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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