[FELDA GLOBAL VENTURES HOLDINGS BHD：收入较去年同期下跌20.4％至134.7亿令吉，而这集团于zakat及税项之前产生重大亏损10.2295亿令吉]
YoY:
截至2018年12月31日止财政年度集团收入较去年同期下跌20.4％至134.7亿令吉，而这集团于zakat及税项之前产生重大亏损10.2295亿令吉，而去年则为盈利4.0253亿令吉。这集团的业绩在很大程度上受到impairment损害的影响，全年平均毛棕榈油价格下跌至每吨2,282令吉。
（a）种植业：
种植业部门截至2018年12月31日止财政年度录得亏损9.5956亿令吉，而去年则为盈利5.2069亿令吉。该业务因收购APL（花了5.13亿令吉）而产生的商誉减值亏损而受到重大影响。
该部门的表现较低是由于平均每吨CPO价格下降至2,282令吉，而去年则为每吨2,792令吉。内核破碎和炼油业务的利润率下降，种植材料的产量和利润率下降进一步加剧了这种情况。 2018年FFB产量也略微减少1.2％至421万公吨，产量为每公顷16.90公吨。
（b）糖业：
由于国内食糖市场的激烈竞争导致平均销售价格下降，这部门较高的利润部分受到销量下降的影响。
（c）LSB部门：
截至2018年12月31日止财政年度，LSB部门的利润减少35％（4439万令吉）。这主要是由于缺乏像去年有长期投资的一次性收益达7,313万令吉的确认。
QoQ：
这集团于zakat及税项之前录得亏损1.3928亿令吉，而上一季度因为确认了重大减值7.88亿令吉则亏损了9.1114亿令吉。
（a）种植业：
种植业部门录得亏损1.2154亿令吉，而上一季度则录得重大亏损8.4979亿令吉。
（b）糖业：
由于销量下降以及与上一季度相比平均销售价格下降，糖业亏损1,281万令吉，而上一季度的盈利则为2159万令吉。
（c）LSB部门：
由于散货和商品营销业务的贡献有所改善，LSB部门的利润为1,926万令吉，而上一季度为亏损3,161万令吉。
前景：
随着B10生物柴油的使用，国内消费将略有增加，这将随着2020年的B20任务而增加。
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James Ng Stock Pick Performance:
Since Recommended Return:
a) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.23 in 7 months 29 days, total return is 54.7%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.12 in 2 months 12 days, total return is 40%
c) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 in 2 months 6 days, total return is 31.6%
d) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.93 (dividend RM0.007) in 6 months 16 days, total return is 31%
e) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.18 (dividend RM0.0375) in 4 months 14 day, total return is 17.3%
f) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.995 in 2 months 2 day, total return is 17.1%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.36 (dividend RM0.035) in 3 months 10 days, total return is 9.8%
h) HSL (HOCK SENG LEE BHD), recommended on 1 Jul 18, initial price was RM1.40, rose to RM1.52 (dividend RM0.01) in 7 months 27 days, total return is 9.3%
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
【看懂年报和季报】课程
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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/2205699789696763 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
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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[FELDA GLOBAL VENTURES HOLDINGS BHD: revenue dropped by 20.4% to RM13.47 billion for the financial year ended 31 December 2018 against previous year while the Group incurred a significant loss before zakat and taxation of RM1,022.95 million]
YoY:
Group revenue dropped by 20.4% to RM13.47 billion for the financial year ended 31 December 2018 against previous year while the Group incurred a significant loss before zakat and taxation of RM1,022.95 million compared to a profit of RM402.53 million in previous year. The results of the Group were largely hit by impairments and lower average CPO price realized of RM2,282 per mt for the year.
(a) Plantation Sector:
Plantation Sector posted a loss of RM959.56 million for the financial year ended 31 December 2018 compared to a profit of RM520.69 million in previous year. The Sector was significantly impacted by the impairment losses in the goodwill that arose from the acquisition of APL of RM513 million.
The Sector’s result was brought down by lower average CPO price realised of RM2,282 per mt compared to RM2,792 per mt in previous year. This was further compounded by declining margin in kernel crushing and refining business, lower volume and margin achieved in planting materials. FFB production also weakened marginally by 1.2% to 4.21 million mt in 2018 with a yield of 16.90 mt per hectare.
(b) Sugar Sector:
The higher profit was partly affected by lower sugar volume due to aggressive competition in domestic sugar market resulting in lower average selling price.
(c) LSB Sector:
LSB Sector recorded 35% lower profit of RM44.39 million for the financial year ended 31 December 2018. This was mainly attributable to the absence of the one-off gain on disposal of long term investment amounted to RM73.13 million recognised in previous year.
QoQ:
The Group posted a loss before zakat and taxation of RM139.28 million compared to a loss of RM911.14 million due to significant impairment of RM788 million recognised in preceding quarter.
(a) Plantation Sector:
The Plantation Sector recorded a loss of RM121.54 million compared to a significant loss of RM849.79 million in preceding quarter.
(b) Sugar Sector:
Sugar Sector’s recorded a loss of RM12.81 million compared to profit of RM21.59 million in preceding quarter due to lower sales volume coupled with the decrease in average selling price as compared to preceding quarter.
(c) LSB Sector:
LSB Sector posted a profit of RM19.26 million compared to RM31.61 million losses in preceding quarter due to improved contribution from bulking and commodities marketing business.
Prospects:
Domestic consumption will be given a slight boost with the B10 biodiesel mandate, which will increase with 2020’s B20 mandate.
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James Ng Stock Pick Performance:
Since Recommended Return:
a) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.23 in 7 months 29 days, total return is 54.7%
b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.12 in 2 months 12 days, total return is 40%
c) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.27 in 2 months 6 days, total return is 31.6%
d) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.93 (dividend RM0.007) in 6 months 16 days, total return is 31%
e) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.18 (dividend RM0.0375) in 4 months 14 day, total return is 17.3%
f) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM0.995 in 2 months 2 day, total return is 17.1%
g) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.36 (dividend RM0.035) in 3 months 10 days, total return is 9.8%
h) HSL (HOCK SENG LEE BHD), recommended on 1 Jul 18, initial price was RM1.40, rose to RM1.52 (dividend RM0.01) in 7 months 27 days, total return is 9.3%
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/2205699789696763 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://www.facebook.com/jamesshareinvest/posts/2207464132853662
