[MCT BHD：计划在2020年第一季度之前在Cybersouth项目中进行几次重要发布，集团的前景是乐观的；重点将放在价格介于RM250000和RM750,000的住宅产业，以及一些商业单位来补充已完成的项目]
本季度：
集团的毛利率从33％增至40％，这得益于Skypark @ Cyberjaya的建筑成本节省，该成本已于2018年完成。集团还完成了4,700万令吉的Cyberbaya开发土地的出售，录得本季度的5百万令吉的出售收益。得益于最终控股公司的2亿令吉贷款，集团在2019年第三季度录得200万令吉未实现的汇兑损失。因此，集团在本季度录得1,800万令吉的税后利润。
YTD19 vs YTD18：
SkyPark @ Cyberjaya带来的节省以及施工进度的改善为这期间的收入和利润确认做出了贡献。毛利率保持在34％的健康水平，而总支出则占收入的28％。 28％的有效税率高于24％的法定税率，这主要是由于确认了往年税收的不足。
前景：
根据最近的预算案，外国人现在可以购买价格从600,000令吉起的overhang物业，而之前的门槛是100万令吉。这些措施虽然可以刺激房地产市场，但不会对这集团造成重大影响，因为集团的已建成超过600,000令吉的物业的存货极少。
尽管如此，凭借集团在住宅开发方面的经验，鉴于集团计划在2020年第一季度之前在Cybersouth项目中进行几次重要发布，集团的前景是乐观的。重点将放在价格介于RM250000和RM750,000的住宅产业，以及一些商业单位来补充已完成的项目。集团的2018年土地储备工作也将在2020年取得成果，因为集团的目标是到2020年上半年在梳邦再也启动新收购土地的第一阶段的项目。
-----------------------------
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 RM2.46 (dividend RM0.025) in 1 year 5 months 29 days, total return is 247.6%
b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.44 in 1 year 21 days, total return is 150.4%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.94 (dividend RM0.04) in 1 year 7 months 9 days, total return is 149.1%
d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.93 (adjusted)(dividend RM0.01) in 8 months 8 days, total return is 76%
e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.76 in 5 months 16 days, total return is 67%
f) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.36 in 7 months 11 days, total return is 51.1%
g) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.23 (dividends RM0.113) in 1 Year 4 months 3 days, total return is 47.4%
h) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.63 (dividend RM0.105) in 1 Year 2 months 23 days, total return is 36.6%
i) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM5.04 (adjusted) (dividend RM0.13431) in 1 Year 6 months 12 days, total return is 30.7%
j) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.02 (dividend RM0.015) in 1 Year 1 month 25 days, total return is 29.4%
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。
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。
1)【看懂年报和季报】课程:
11a.m. – 7p.m.，免费茶和咖啡
2月22日星期六：Silka Johor Bahru Hotel, Johor Bahru 7份点心
3月29日星期日：Hotel Sri Petaling, KL 3份点心
4月19日星期日：AG Hotel Penang, George Town 2份点心
2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐
2月23日星期日：Silka Johor Bahru Hotel, Johor Bahru
3月28日星期六：Hotel Sri Petaling, KL
4月18日星期六：AG Hotel Penang, George Town
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
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：jamesnginvest
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
-----------------
[MCT BHD: the outlook for the Group is positive given that the Group is planning several key launches at the Cybersouth project by the first quarter of 2020; the focus will remain at residential properties that are priced between RM250,000 and RM750,000, with some commercial units to complement the completed projects]
This quarter:
The Group’s gross profit margin improved from 33% to 40% arising from savings in construction cost for Skypark @ Cyberjaya which was completed in 2018. The Group also completed the RM47 million disposal of land for development in Cyberjaya which recorded a gain on disposal of RM5 million for the current quarter under review. Due to the loan from the Company’s ultimate holding company of RM200 million, the Group recorded unrealised foreign exchange loss of RM2 million for Q3 2019. Consequently, the Group recorded profit after tax of RM18 million for the current quarter under review.
YTD19 vs YTD18:
Savings realised from SkyPark @ Cyberjaya coupled with the improvement of construction progress has contributed to the revenue and profit recognition for the period. Gross profit margin remained healthy at 34% whilst total expenses stood at 28% of revenue. The effective tax rate of 28% is higher than the statutory tax rate of 24% is mainly due to recognition of under-provision of taxes from prior years.
Prospects:
Under the recent Budget, it was announced that foreigners can now purchase overhang properties priced from RM600,000 onwards, which was reduced from the RM1 million threshold previously. Whilst such measures served to stimulate the property market, it would not affect the Group materially as the Group’s inventory of completed properties priced above RM600,000 is minimal.
Nonetheless, with the Group’s experience in residential development, the outlook for the Group is positive given that the Group is planning several key launches at the Cybersouth project by the first quarter of 2020. The focus will remain at residential properties that are priced between RM250,000 and RM750,000, with some commercial units to complement the completed projects. The Group’s landbanking efforts in 2018 will also bear fruit in 2020 as the Group is targeting to launch the first phase of the newly acquired land in Subang Jaya by the first half of 2020.
--------------------------------------------------------------------------
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
https://klse.i3investor.com/blogs/general/2020-02-11-story-h1483760648.jsp
