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[转贴] [EVERGREEN FIBREBOARD BHD:全球Covid-19爆发引起的不利影响,尤其是MCO的执行对面板的销量造成了影响。销量下降的原因还在于由于火灾引起的Batu Pahat MDF生产线停产] - James的股票投资James Share Investing

James Ng
Publish date: Wed, 09 Sep 2020, 09:57 AM

[EVERGREEN FIBREBOARD BHD:全球Covid-19爆发引起的不利影响,尤其是MCO的执行对面板的销量造成了影响。销量下降的原因还在于由于火灾引起的Batu Pahat MDF生产线停产]

2Q20 vs 2Q19:
马来西亚:
截至2020年6月30日,马来西亚部门的收入从去年同期的1亿3千3百70万令吉减少34.7%或4646万令吉至8724万令吉。尽管下游产品的收入增加,而面板的平均销售价格提高,但收入的下降主要是由于全球Covid-19爆发引起的不利影响,尤其是MCO的执行对面板的销量造成了影响。销量下降的原因还在于由于火灾引起的Batu Pahat MDF生产线停产。

截至2020年6月30日的季度的税前亏损从去年同期的377万令吉增加162.1%至988万令吉。除税前亏损增加,主要是由于本季度销量下降和外汇损失增加导致运营成本增加。

泰国:
截至2020年6月30日的季度,泰国部门的收入从去年同期的7,716万令吉减少17.5%或1,349万令吉,至6,367万令吉。尽管平均售价较高,但收入下降主要是由于销量下降。截至2020年6月30日的季度的税前亏损从去年同期的630万令吉减少68.6%至198万令吉。

其他:
截至2020年6月30日的季度,税前利润从去年同期的59万令吉增加257万令吉至316万令吉。

合并:
截至2020年6月30日止的季度,该集团的营业额从去年同期的2亿3193万令吉,减少25.4%或5901万令吉,至1亿7292万令吉。尽管下游产品的收入增加和面板的平均销售价格提高,收入的下降主要是由于全球Covid 19爆发引起的不利影响,尤其是对MCO的实施造成的影响,面板的销量下降了。截至2020年6月30日的季度的税前亏损从去年同期的948万令吉减少了78万令吉,降至870万令吉。

2Q20 vs 1Q20:
本季收入减少24.0%或5449万令吉,至1.7292亿令吉,相比上一季度为2.2741亿令吉。收入减少主要是由于全球Covid-19爆发,尤其是在马来西亚执行行动控制令(MCO)造成的不利影响导致销量下降。该集团本季的除税前亏损为870万令吉,而上一季则录得1,175万令吉的税前亏损。

前景:
由于Covid-19的爆发,它对包括马来西亚和这集团产品出口到的市场在内的全球经济产生了重大影响。董事会将继续监督Covid-19对这集团的运营和财务业绩的影响,并将采取适当及时的措施,以尽量减少对这集团的影响。
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James Ng Stock Pick Performance:
Since Recommended Return:

a. FRONTKEN CORP BHD, recommended on 12 Aug 18, initial price was RM0.715, rose to RM3.55, dividend RM0.052, in 2 years 27 days, total return is 403.8%

b. TOP GLOVE CORP BHD, recommended on 1 July 18, initial price was RM12.14, rose to RM45.84 adjusted, dividend RM0.52, in 2 Years 2 months 7 days, total return is 281.9%

c. MI TECHNOVATION BERHAD, recommended on 2 Jun 19, initial price was RM1.67, rose to RM5.78 adjusted, dividend RM0.055, in 1 Year 3 months 6 days, total return is 249.4%

d. OPENSYS M BHD, recommended on 24 May 20, initial price was RM0.355, rose to RM0.945, dividend RM0.0025, in 3 months 15 days, total return is 166.9%

e. CHIN HIN GROUP BHD, recommended on 2 Feb 20, initial price was RM0.57, rose to RM1.37, dividend RM0.01, in 7 months 6 days, total return is 142.1%

f. KKB ENGINEERING BHD, recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.53, dividend RM0.10, in 2 Years 2 months 7 days, total return is 105%

g. KAREX BHD, recommended on 20 Oct 19, initial price was RM0.445, rose to RM0.78, dividend RM0.015, in 10 months 19 days, total return is 78.7%

h. POWER ROOT BHD, recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.18, dividend RM0.188, in 1 Year 11 months 1 day, total return is 48.9%

i. PERAK TRANSIT BHD, recommended on 19 Jul 20, initial price was RM0.18, rose to RM0.265, dividend RM0.0025, in 1 month 20 days, total return is 48.6%

j. PROLEXUS BHD, recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.66, dividend RM0.003, in 1 Year 14 days, total return is 45.7%

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超过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。

Whatsapp : 011 - 15852043

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高波动性投资产品,你的交易存在风险。过往表现不能作为将来业绩指标。内容仅作为分享,讨论以及领域的分析,而非是一种投资建议,买或卖自负。请Like和Share。最终决定永远是你的,谢谢。

James Ng
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[EVERGREEN FIBREBOARD BHD: adverse impact caused by Covid-19 outbreak globally and particularly the enforcement of Movement Control Order MCO in Malaysia. The lower sales volume was also due to stoppage of Batu Pahat MDF production line that caused by fire accident]

2Q20 vs 2Q19:
Malaysia:
The Malaysia segment’s revenue for the quarter ended 30 June 2020 decreased by 34.7 % or RM46.46 million to RM87.24 million from RM133.7 million recorded in the preceding year corresponding quarter. Despite of higher revenue from downstream products and higher average selling price from panel board, the decrease in revenue was mainly due to lower sales volume from panel board as a result of the adverse impact caused by Covid-19 outbreak globally and particularly the enforcement of Movement Control Order MCO in Malaysia. The lower sales volume was also due to stoppage of Batu Pahat MDF production line that caused by fire accident.

Loss before tax for the quarter ended 30 June 2020 increased by 162.1% to RM9.88 million from RM3.77 million recorded in the corresponding quarter of the preceding year. The increase in loss before tax was mainly due to higher operational cost caused by lower sales volume and higher foreign exchange loss suffered in current quarter.

Thailand:
The Thailand segment’s revenue for the quarter ended 30 June 2020 decreased by 17.5% or RM13.49 million to RM63.67 million from RM77.16 million recorded in the preceding year corresponding quarter. Despite of higher average selling price, the decrease in revenue was mainly due to the lower sales volume. Loss before tax for the quarter ended 30 June 2020 decreased by 68.6% to RM1.98 million from RM 6.30 million recorded in the corresponding quarter of the preceding year.

Others:
Profit before tax for the quarter ended 30 June 2020 increased by RM 2.57 million to RM 3.16 million from RM 0.59 million recorded in the corresponding quarter of the preceding year.

Consolidated:
The Group’s revenue for the quarter ended 30 June 2020 decreased by 25.4% or RM59.01 million to RM172.92 million from RM231.93 million recorded in the preceding year corresponding quarter. Despite of higher revenue from downstream products and higher average selling price from panel board, the decrease in revenue was mainly due to lower sales volume from panel board as a result of the adverse impact caused by Covid 19 outbreak globally and particularly the enforcement of Movement Control Order (MCO) in Malaysia. Loss before tax for the quarter ended 30 June 2020 decreased by RM0.78 million to RM8.70 million from RM9.48 million recorded in the corresponding quarter of the preceding year.

2Q20 vs 1Q20:
The current quarter revenue decreased by 24.0% or RM54.49 million to RM172.92 million, as compared to RM227.41 million recorded in the preceding quarter. The decrease in revenue was mainly due to lower sales volume as a result of the adverse impact caused by Covid-19 outbreak globally and particularly the enforcement of Movement Control Order (MCO) in Malaysia. The Group’s loss before tax was reported at RM8.70 million for the current quarter, compared to loss before tax of RM11.75 million recorded in the preceding quarter.

Prospects:
Due to the emergence of Covid-19 outbreak, it has brought significant economic impact globally including Malaysia and markets in which the Group’s products are exported to. The Board will continuously monitor the impact of Covid-19 on the Group’s operations and financial performance and will take appropriate and timely measures to minimize the impact to the Group.
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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 over 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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