[ENRA GROUP BHD：英国的Rugby房地产项目正在等待规划批准，以增加独立退休生活的单位数量；由于新收购了Q Homes Sdn. Bhd.，集团正致力在巴生谷已建城市发展负担得起的有地房地产]
2Q20 vs 2Q19:
截至2019年9月30日的季度（“ 19/20财年第二季度”），集团的收入增加了592万令吉，这是由于房地产开发部门的贡献增加，尽管能源服务部门的收入减少了。来自投资控股及其他部门的收入增加和亏损减少，导致持续经营的税前利润增加了239万令吉，相比之下，18/19财年第二季度亏损为37万令吉。
房地产开发部门的收入从Q2 FY18/19的零令吉增加到1363万令吉，这是由于出售了在伦敦的Portland Chambers's flat的一个单位和来自吉隆坡，瓜拉蕉赖的Shamelin Star项目的2个公寓单位。地产发展部门录得除税前盈利（PBT）为9万4000令吉，而去年同期则为17万令吉的LBT。同时，能源服务部门的盈利较去年同期的319万令吉，增加了43万令吉，而主要是由于直接运营成本的减少。
YTD20 vs YTD19：
尽管能源部门的贡献减少了41％（6MFY19/20 6089万令吉 vs 6MFY18/19的1.03亿令吉），但房地产开发部门的收入增长了100％（6MFY19/20的3,267万令吉 vs 6MFY18/19的零令吉）是由于在伦敦售出2套公寓和3套Shamelin Star的共管公寓，使YTD FY19/20的收入从YTD FY18/19的1.03亿令吉减少946万令吉。撇除一笔来自存货的公允价值收益外，6MFY18/19的PBT实际上为273万令吉，与19/20财年上半年的275万令吉相当。
2Q20 vs 1Q20:
PBT为129万令吉，较上一季度的73万令吉高，这得益于投资控股水平下较低的管理成本。
前景：
物业发展：
截至2019年11月21日，这集团已成功售出3个Portland Chambers公寓单位，最后一个单位待完成销售。同时，英国的Rugby房地产项目正在等待规划批准，以增加独立退休生活的单位数量。由于新收购了Q Homes Sdn. Bhd.，集团正致力在巴生谷已建城市发展负担得起的有地房地产。
能源服务：
在19/20财政年度的后半段，该部门将继续成为集团的主要收入和盈利贡献者。随着全球石油价格徘徊在每桶60-65美元之间，以及能源公司恢复资本支出以及维修，保养和更换计划，该行业有望保持稳定。凭借积极的营销策略，改善的供应链管理，这集团预计该部门本年度的业绩将令人满意。只要有机会增强他们的订单，包括智能和节能照明业务，该部门还将继续竞标合同。
鉴于不确定的全球经济环境，这集团将继续专注于业务发展的机会，运营改善和成本管理计划。
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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 RM2.50 (dividend RM0.025) in 1 year 5 months 18 days, total return is 253.1%
b) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.36 in 1 year 10 days, total return is 136.5%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.84 (dividend RM0.04) in 1 year 6 months 29 days, total return is 136.5%
d) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM2.97 (adjusted)(dividend RM0.01) in 7 months 28 days, total return is 78.4%
e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.74 in 5 months 5 days, total return is 62.6%
f) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.29 (dividends RM0.113) in 1 Year 3 months 23 days, total return is 51.1%
g) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.12 (dividend RM0.015) in 1 Year 1 month 14 days, total return is 41.9%
h) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.27 in 7 months, total return is 41.1%
i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.64 (dividend RM0.105) in 1 Year 2 months 12 days, total return is 37.4%
j) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.30 (dividend RM0.018) in 1 Year 1 month 7 days, total return is 36.6%
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
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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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[ENRA GROUP BHD: the Rugby property project in the United Kingdom is pending enhanced planning approval to increase the number of units for independent retirement living; with the newly acquired subsidiary, Q Homes Sdn. Bhd., the Group is gearing towards developing affordable landed properties in established townships in the Klang Valley]
2Q20 vs 2Q19:
For the quarter ended 30 Sept 2019 ("Q2 FY19/20"), the Group revenue increased by RM5.92 million due to higher contribution from Property Development division despite lower revenue from Energy Services division. The increase in revenue and lower loss from Investment Holdings and Others division has resulted in higher profit before taxation ("PBT") from continuing operations by RM2.39 million as compared to Q2 FY18/19 loss of RM0.37 million.
The revenue of Property Development division has increased to RM13.63 million against RMNil in Q2 FY18/19, owing to the sales of one (1) unit of Portland Chambers's flat in London and 2 units of condominiums from Shamelin Star project in Cheras, Kuala Lumpur. The Property Development division recorded a profit before taxation ("PBT") of RM94K as compared to loss before taxation ("LBT") of RM0.17 million in the same quarter last year. Meanwhile, the Energy Services division recorded a slightly higher profit by RM0.43 million as compared to RM3.19 million in the same quarter in previous year, mainly due to reduction in direct operational cost.
YTD20 vs YTD19:
Revenue for YTD FY19/20 decreased by RM9.46 million from RM103 million in YTD FY18/19, mainly due to lower contribution from Energy division by 41% (6MFY19/20 of RM60.89 million vs 6MFY18/19 of RM103 million) despite 100% increase (6MFY19/20 of RM32.67 million vs 6MFY18/19 of RMNil) in Property Development division resulted from 2 flats sold in London and 3 Shamelin Star condominium's units sold. Excluding one off fair value gain on inventories, PBT for 6MFY18/19 was actually RM2.73 million which is comparable to RM2.75 million in the first half of FY19/20.
2Q20 vs 1Q20:
The higher PBT of RM1.29 million as compared to RM0.73 million in the immediate preceding quarter, was benefited from lower administration cost at Investment holding level.
Prospects:
Property development:
As of 21 November 2019, the Group has successfully sold 3 flats units of Portland Chambers with the last unit pending completion of sales. Meanwhile, the Rugby property project in the United Kingdom is pending enhanced planning approval to increase the number of units for independent retirement living. With the newly acquired subsidiary, Q Homes Sdn. Bhd., the Group is gearing towards developing affordable landed properties in established townships in the Klang Valley.
Energy services:
The segment will continue to be the leading revenue and earnings contributor to the Group in remaining half of FY 19/20. With global oil price hovering between USD60 - 65 per barrel and the resumption of capital expenditure and repair, maintenance and replacement programme by the energy players, this sector is expected to remain stable. With aggressive marketing strategies, improvement in supply chain management, the Group anticipates the current year performance for the segment to be satisfactory. This segment will also continue to bid for contracts whenever the opportunity arises to enhance their order book including for the smart and energy savings lighting business.
The Group will continue to focus on opportunistic business development, operational improvement and cost management initiatives in view of the uncertain global economic environment.
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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 > 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.
https://klse.i3investor.com/blogs/general/2020-01-31-story-h1482988160.jsp
James Ng
