[MATRIX CONCEPTS HOLDINGS BHD：与上一季度（包括较高比例的商业和工业物业）相比，由于产品组合包括较多的价格更实惠的住宅物业，金群利本季度的利润率有所下降]

包括Matrix Global Schools，d'Tempat Country Club和d'Sora Business Boutique Hotel在内的集团投资物业的收入贡献从上一季度的920万令吉微降至本季度的890万令吉。

与上一季度（包括较高比例的商业和工业物业）相比，由于产品组合包括较多的价格更实惠的住宅物业，金群利本季度的利润率有所下降。

这季度的税后盈利从之前的6,590万令吉减少1,290万令吉或19.7％至5,290万令吉。这主要是由于产品组合，以及在本季度的所得税费用增加所致，这是由于某些暂时性差异的未确认递延税项资产和出于税收目的的不可扣除费用所致。

QoQ:
该集团的税前利润为9,520万令吉，比上一季度的9,140万令吉增加了390万令吉或4.2％。这季度的利润率较弱的主要原因是产品组合主要包括住宅物业，而上一季度的商业和工业物业所占比例较高。

前景：
鉴于当前的Covid-19大流行，马来西亚政府于3月中旬实施了行动控制令，这暂时中断了该集团的业务运营。由于雅加达持续的Covid-19局势，预计Menara Syariah的竣工时间将推迟6个月，但要受到印度尼西亚当局的健康咨询和旅行限制。尽管房地产业持谨慎态度，但该集团仍希望在2021财年保持积极的业绩。
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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 RM3.36 (dividend RM0.04) in 1 year 11 months 5 days, total return is 375.5%

b) TOPGLOV (TOP GLOVE CORP BHD), recommended on 1 July 18, initial price was RM12.14, rose to RM45.96 (adjusted)(dividend RM0.52) in 2 Years 16 days, total return is 282.9%

c) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM5.15 (adjusted)(dividend RM0.055) in 1 Year 1 month 15 days, total return is 211.7%

d) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.66 (dividend RM0.04) in 2 Years 16 days, total return is 113.8%

e) OPENSYS (OPENSYS M BHD), recommended on 24 May 20, initial price was RM0.355, rose to RM0.74 in 1 month 23 days, total return is 108.5%

f) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.17 (dividend RM0.188) in 1 Year 9 months 10 days, total return is 48.3%

g) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.845 in 1 year 5 months 26 days, total return is 47%

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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[MATRIX CONCEPTS HOLDINGS BHD: The Group’s profit margins for the quarter under review declined due to the product mix comprising more affordably-priced range residential properties, as compared to the previous corresponding quarter which consisted of a higher portion of commercial and industrial properties]

Revenue contribution from the Group's investment properties, comprising Matrix Global Schools, d'Tempat Country Club and d'Sora Business Boutique Hotel decreased slightly to RM8.9 million in the quarter under review from RM9.2 million in the previous corresponding quarter.

The Group’s profit margins for the quarter under review declined due to the product mix comprising more affordably-priced range residential properties, as compared to the previous corresponding quarter which consisted of a higher portion of commercial and industrial properties.

Profit after tax recorded for the quarter under review moderated by RM12.9 million or 19.7% to RM52.9 million from RM65.9 million previously. This was largely due to product mix coupled with increased income tax expenses recorded in the quarter under review, stemming from non-recognition of deferred tax assets for certain temporary differences and non-deductible expenses for tax purposes.

QoQ:
The Group’s profit before tax stood at RM95.2 million compared to RM91.4 million in the preceding quarter, an increase of RM3.9 million or 4.2%. The weaker profit margins posted in the quarter under review was mainly due to the product mix comprising mainly residential properties, as compared to the preceding quarter which consisted of a higher portion of commercial and industrial properties.

Prospects:
In light of the current Covid-19 pandemic, the Government of Malaysia had implemented a Movement Control Order in mid-March, which temporarily disrupted the Group’s business operations. Due to the ongoing Covid-19 situation in Jakarta, the completion of Menara Syariah is expected to be delayed by 6 months, subject to the health advisory and travel restrictions by the Indonesian authorities. Despite the cautious sentiment of the property industry, the Group is hopeful of sustaining positive uptake of its properties in FY2021.
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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