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 [YTL CORP BHD:水泥行业参与者的前景仍然极具竞争性,马来西亚和新加坡的物业市场环境充满挑战,由于全球市场的波动和批发电力市场的发电容量供过于求,新加坡的电力市场将充满竞争性]

杨忠礼机构本季度录得PBT 2.242亿令吉。与去年录得的3.982亿令吉相比,这减少了1.74亿令吉或43.7%。杨忠礼机构于本财政期间录得5.662亿令吉的PBT。与去年录得的8.371亿令吉相比,这减少了2.71亿令吉或32.4%。

施工:
收入和PBT的增加是由于工程增加导致PBT增加。

IT与电子商务:
收入下降,而PBT的增加是由于存款利息收入增加和管理费用降低。

水泥制造和贸易:
收入和PBT的减少是由于所有部门的销售量下降以及Pentadbir Tanah KL收购MRT项目的土地后,没有土地卖掉的收益。

物业投资及发展:
PBT减少是由于YTL Hospitality REIT记录的以澳元计价的定期贷款未实现的外汇收益减少。由于Pentadbir Tanah KL收购了MRT项目的Udapakat Bina Sdn Bhd(YTL Land&Development Berhad的子公司)的土地后,没有土地卖掉的一次性收益,所以收入和PBT在6个月期间下降。

管理服务及其他:
收入增加是由于外国子公司投资基金获得的分配收入增加,而LBT因联营公司利润份额,利息收入以及YTL Power International Berhad记录的应计技术服务收入增加而有所改善。

酒店:
较低的PBT是由于Niseko Village K.K.的运营费用增加。

公用事业:
较低的PBT是由于较低的归属合同水平,较低的零售和油罐租赁利润率以及法院对多功能公用事业(商业)部门记录的未决诉讼作出裁决后的应收款减值准备。

与上一季度相比,较低的PBT是由于法院就多功能公用事业(商户)部门的未决诉讼作出裁决后确认应收款项减值准备。

前景:
施工:
由于合约主要涉及杨忠礼机构的物业发展及基建工程,预期今年将取得令人满意的表现。

IT与电子商务:
鉴于相当一部分收入来自相对有弹性的共享费收入,今年的展望应该令人满意。

水泥生产和贸易:
行业参与者的前景仍然极具竞争性,预计今年将取得令人满意的业绩。

物业投资及发展:
尽管马来西亚和新加坡的市场环境充满挑战,但杨忠礼机构仍然乐观地认为,战略位置的物业将继续吸引买家。

管理服务/酒店:
考虑到市场状况,预计今年的这两个部门仍将令人满意。

公用事业:
由于全球市场的波动和批发电力市场的发电容量供过于求,新加坡的电力市场将充满竞争性。至于供水和污水处理部门,Wessex Water在严格的监管制度下运营,有信心实现其2015-20监管超越目标,同时继续为客户提供一流的价格优惠服务。杨忠礼机构继续为政府实施1BestariNet项目,为超过10000所学校提供连接,并为Frog Virtual Learning Environment增添新功能,该平台可让学校简化及加强教与学,沟通及管理。
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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 RM1.35 (dividend RM0.015) in 8 months 19 days, total return is 90.9%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.47 in 4 months 15 day, total return is 83.8%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.38 in 9 months 28 day, total return is 73.6%

d) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.38 in 4 months 9 days, total return is 43%

e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 3 months 11 days, total return is 28.7%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.34 (dividend RM0.0825) in 6 months 17 day, total return is 28.2%

g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.09 in 3 months 29 days, total return is 28.2%

h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.78 (dividends RM0.03) in 6 months 29 days, total return is 26.6%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 5 months 13 day, total return is 13%

j) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.15 (dividend RM0.061) in 9 months 3 day, total return is 6.3%

k) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.10 in 3 months 11 days, total return is 5.8%

l) AWC (AWC BHD), recommended on 21 Apr 19, initial price was RM0.73, rose to RM0.77 in 14 days, total return is 5.5%

m) HSL (HOCK SENG LEE BHD), recommended on 1 Jul 18, initial price was RM1.40, rose to RM1.45 (dividend RM0.01) in 10 months 2 days, total return is 4.3%

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 https://web.facebook.com/jamesshareinvest/ 与我联系

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

5月25日星期六:Hotel Sri Petaling, KL

6月15日星期六:Silka Johor Bahru Hotel, Johor Bahru

6月23日星期日:AG Hotel Penang, George Town

2)【看懂年报和季报】课程:
11a.m. – 7p.m

5月26日星期日:Hotel Sri Petaling, KL (3份点心)

7月27日星期六:Silka Johor Bahru Hotel, Johor Bahru (5份点心)

8月11日星期日:AG Hotel Penang, George Town (4份点心)

3) 【公司业绩分享会】:
2p.m. – 7p.m.

6月9日星期日:Hotel Sri Petaling, KL (3份点心)

6月16日星期日:Silka Johor Bahru Hotel, Johor Bahru (5份点心)

6月22日星期六:AG Hotel Penang, George Town (4份点心)

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

为了方便大家查询我写过的公司和选股文章以及视频,制作了索引。大家只要依照日期,就能从这
https://web.facebook.com/jamesshareinvest/posts/2249007575365984 找到公司和选股文章以及视频。

James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/

James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp

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: https://www.instagram.com/p/BxEbd4EgKkt

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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[YTL CORP BHD: Cement outlook remains highly competitive, the challenging property market conditions both in Malaysia and Singapore, electricity market in Singapore will remain competitive, driven by volatilities across global markets and generation capacity oversupply in the wholesale electricity market]

The Group recorded a PBT of RM224.2m for this quarter. This represents a decrease of RM174m or 43.7% as compared to a profit of RM398.2m recorded in last year. The Group recorded a PBT of RM566.2m for this financial period. This represents a decrease of RM271m or 32.4% as compared to a profit of RM837.1m recorded in last year.

Construction:
Increase in revenue and PBT was due to increase in works which has resulted in an increase in PBT.

IT & e-commerce:
Revenue decreased whilst the increase in PBT was due to higher interest income earned on deposits and lower administration expenses.

Cement Manufacturing & trading:
Decrease in revenue and PBT was due to lower sales volume from all divisions and absence of gain on disposal of land following the acquisition by Pentadbir Tanah KL for the MRT project.

Property investment & development:
Decrease PBT was due to the lower unrealised forex gain on term loan denominated in Australian Dollar recorded by YTL Hospitality REIT. Revenue and PBT for 6 months decreased due to the absence of one-off gain from land disposal by Udapakat Bina Sdn Bhd (a subsidiary of YTL Land & Development Berhad) following the acquisition by Pentadbir Tanah KL for the MRT project.

Management services & others:
Increase in revenue was due to higher distribution income received from investment in a fund by a foreign subsidiary whilst LBT improved due to higher share of profits of the associates, interest income and coupled with accrued technical service income recorded by YTL Power International Berhad.

Hotels:
Lower PBT was due to higher operating expenses incurred by Niseko Village K.K.

Utilities:
Lower PBT was due to lower vesting contract level, lower retail and tank leasing margin and coupled with an allowance for impairment of receivable following a court decision on the outstanding litigation recorded by Multi utilities business (Merchant) divisions.

Compared with preceding quarter, the lower PBT was due to recognition of an allowance of impairment of receivable following a court decision on an outstanding litigation in the Multi utilities business (Merchant) division.

Prospects:
Construction:
It is expected to achieve satisfactory performance for this year as the contracts relate mainly to the Group's property development and infrastructure works.

IT & e-commerce:
Outlook in this year should be satisfactory, given that a significant portion of revenue is derived from relatively resilient spectrum sharing fee income.

Cement manufacturing & trading:
Outlook remains highly competitive amongst industry players and it is expected to achieve satisfactory performance for this year.

Property investment & development:
Notwithstanding the challenging market conditions both in Malaysia and Singapore, the Group remains optimistic that properties in strategic locations will continue to draw buyers.

Management services & othes/Hotels:
Considering the market condition, these 2 segments for this year is expected to remain satisfactory.

Utilities:
Electricity market in Singapore will remain competitive, driven by volatilities across global markets and generation capacity oversupply in the wholesale electricity market. As for Water & Sewerage division, Wessex Water which operates under a strict regulatory regime is confident of delivering its 2015-20 regulatory outperformance target whilst continuing to provide customers with first-class affordable service. The Group has continued to implement the 1BestariNet project for the government, providing connectivity to more than 10000 schools and adding new features to the Frog Virtual Learning Environment, a platform that allows schools to simplify and enhance teaching and learning, communication and administration.
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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 RM1.35 (dividend RM0.015) in 8 months 19 days, total return is 90.9%

b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.47 in 4 months 15 day, total return is 83.8%

c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.38 in 9 months 28 day, total return is 73.6%

d) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.38 in 4 months 9 days, total return is 43%

e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.74 in 3 months 11 days, total return is 28.7%

f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.34 (dividend RM0.0825) in 6 months 17 day, total return is 28.2%

g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.09 in 3 months 29 days, total return is 28.2%

h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.78 (dividends RM0.03) in 6 months 29 days, total return is 26.6%

i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.40 (dividend RM0.035) in 5 months 13 day, total return is 13%

j) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.15 (dividend RM0.061) in 9 months 3 day, total return is 6.3%

k) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.10 in 3 months 11 days, total return is 5.8%

l) AWC (AWC BHD), recommended on 21 Apr 19, initial price was RM0.73, rose to RM0.77 in 14 days, total return is 5.5%

m) HSL (HOCK SENG LEE BHD), recommended on 1 Jul 18, initial price was RM1.40, rose to RM1.45 (dividend RM0.01) in 10 months 2 days, total return is 4.3%

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 https://web.facebook.com/jamesshareinvest/

In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://web.facebook.com/jamesshareinvest/posts/2249007575365984 by date.

James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/

James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp

Facebook Group: https://www.facebook.com/groups/jamesinvesting

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

https://klse.i3investor.com/blogs/general/205099.jsp

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