[TAMBUN INDAH LAND BHD：正在进行的项目减少，考虑到整体市场情况，恒大置地对新物业的推出采取谨慎的态度]
本季度的收入和税前利润分别为3,310万令吉和1,350万令吉，与去年同期相比，收入减少31.4％，税前利润减少36.8％。
物业发展及物业管理：
本季度的收入较上年同期有所下降，主要是由于正在进行的项目减少，考虑到整体市场情况，恒大置地对新物业的推出采取谨慎的态度。本季度的税前利润与去年同期相比有所下降，这是由于记录的收入减少以及不利的产品组合（包括负担得起的物业所占比例较高），以及子公司Mustiara Sdn Bhd在本季度为槟城Simpang Ampat新收购的土地提取了定期贷款，导致利息费用增加。
投资控股：
收入主要来自已建成的投资物业收取的租金。
QoQ：
与上一季度相比，收入和税前利润分别下降了17.4％和11.5％。收入减少的主要原因是本季度内启动的项目尚处于建设初期。除税前利润减少主要是由于本季度收入减少以及本季度利息支出增加。
前景：
房地产行业的前景仍然充满挑战，恒大置地将保持审慎态度。恒大置地预期本财政年度会取得适度的表现。
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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 RM2.44 (dividend RM0.025) in 1 year 6 months 13 days, total return is 244.8%
b) MI (MI TECHNOVATION BERHAD), recommended on 2 Jun 19, initial price was RM1.67, rose to RM4.46 (adjusted)(dividend RM0.01) in 8 months 23 days, total return is 167.7%
c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM2.07 (dividend RM0.04) in 1 year 7 months 24 days, total return is 165.4%
d) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM1.46 in 1 year 1 month 5 days, total return is 153.9%
e) PRLEXUS (PROLEXUS BHD), recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.785 in 6 months, total return is 72.5%
f) PWROOT (POWER ROOT BHD), recommended on 7 Oct 18, initial price was RM1.59, rose to RM2.32 (dividends RM0.113) in 1 Year 4 months 18 days, total return is 53%
g) TSH (TSH RESOURCES BHD), recommended on 30 Jun 19, initial price was RM0.90, rose to RM1.23 in 7 months 26 days, total return is 36.7%
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 3 months 7 days, total return is 36.6%
i) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.28 (dividend RM0.018) in 1 Year 2 months 2 days, total return is 34.5%
j) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.04 (dividend RM0.015) in 1 Year 2 months 9 days, total return is 31.9%
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。
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2)【股票-实际操作班】课程：
10a.m. – 9p.m.，免费午餐和晚餐
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有兴趣的朋友，可以电邮或PM FB page联络我
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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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[TAMBUN INDAH LAND BHD: fewer on-going projects, with the Group adopting a cautious approach for new property launches given the overall market condition]
The current quarter's revenue and profit before tax of RM33.1 million and RM13.5 million represented a 31.4% decrease in revenue and 36.8% decrease in profit before tax over the same quarter of the preceding year.
Property development & property management:
The lower revenue in the current quarter as compared to the same quarter of the preceding year was mainly due to fewer on-going projects, with the Group adopting a cautious approach for new property launches given the overall market condition. The lower profit before tax for the current quarter as compared to the preceding year quarter was due to the lower revenue recorded and an unfavourable product mix consisting of a higher proportion of affordable properties, as well as the increase in the interest expense due to the drawdown of a term loan in the current quarter for the newly acquired land at Simpang Ampat, Penang by its subsidiary, Mustiara Sdn Bhd.
Investment holdings:
The revenue was mainly derived from rental received from completed investment properties.
QoQ:
Compared to the immediate preceding quarter, revenue and profit before tax decreased by 17.4% and 11.5% respectively. The lower revenue was mainly due to the timing of the work progress of the current on-going developments as the projects launched during the quarter under review were at their early stage of construction. The lower profit before tax was mainly attributed by the lower revenue recorded as well as the increase in interest expense in the current quarter.
Prospects:
The outlook for the property industry continues to be challenging and the Group will remain cautious. The Group expects to achieve a moderate performance in the current financial year.
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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.
James Ng
https://klse.i3investor.com/blogs/general/2020-02-26-story-h1483967265.jsp
