[LBS (5789) 林木生集團 LBS BINA GROUP BHD：销售下降和利润率下降] - James的股票投资James Share Investing
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
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
[LBS BINA GROUP BHD: lower sales and lower profit margin]
For the current quarter under review, the Group achieved revenue of RM299 million and profit before tax (“PBT”) of RM24 million as compared to revenue of RM327 million and PBT of RM37 million in the previous year corresponding quarter.
Property Development segment recorded higher revenue and lower PBT. The decrease in PBT was mainly due to lower sales and lower profit margin.
Construction and Trading:
Construction and Trading segment recorded revenue and PBT of RM125 million and RM1 million respectively as compared to revenue of RM184 million and PBT of RM5 million in the previous year corresponding quarter. The decrease in PBT was mainly due to the implementation of Movement Control Order (“MCO”) from 18 March 2020 to curb the outbreak of Covid-19 which have caused significant disruptions to the construction activities and progress.
Management, Investment and Others:
Management, Investment and Others segment recorded revenue of RM104 million and loss before tax (“LBT”) of RM2 million as compared to revenue of RM18 million and PBT of RM3 million in the previous year corresponding quarter.
Motor Racing Circuit:
Motor Racing Circuit segment recorded revenue of RM1 million and LBT of RM4 million as compared to revenue of RM5 million and LBT of RM2 million in the previous year corresponding quarter. Due to the outbreak of Covid-19, scheduled racing events have been postponed to later date which has negative impact on the revenue and LBT.
For the current quarter under review, the Group achieved revenue of RM299 million and PBT of RM24 million as compared to revenue of RM291 million and PBT of RM34 million in the immediate preceding quarter. The decrease in PBT was mainly due to cost savings from certain completed projects in the immediate preceding quarter.
With the implementation of the MCO in mid-March 2020, property developers have seen a decline in property sales due to the travelling and movement restrictions and other precautionary measures imposed by the relevant authorities. These have posed significant impact on the business operations with new challenges in securing and conducting property viewings, delay in the signing of the Sale and Purchase agreements and deferment in new project launches etc. Buyer sentiments remain weak with job security concerns. The outlook and full impact of the pandemic on the current financial year remains to be seen as the Covid-19 situation is unprecedented and still on-going.
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 firstname.lastname@example.org 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.