tag:blogger.com,1999:blog-250589152024-03-28T16:19:07.418+08:00Sharetisfy歌词Unknownnoreply@blogger.comBlogger73125tag:blogger.com,1999:blog-25058915.post-38740305034451487072024-01-24T19:45:00.001+08:002024-01-24T19:47:42.070+08:00马来西亚家具股开始复苏?马来西亚家具股开始复苏?<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="362" src="https://www.youtube.com/embed/BhTj2F1GZg0" width="644"></iframe></p><br/><br/>https://www.youtube.com/watch?v=BhTj2F1GZg0Adminhttp://www.blogger.com/profile/02423328634093657906noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-89409437357608669712023-09-03T19:21:00.002+08:002023-09-03T19:21:08.450+08:00现金比股价还高!10亿净现金企业真的太夸张了!现金比股价还高!10亿净现金企业真的太夸张了!<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="362" src="https://www.youtube.com/embed/GzN0xmxvteg" width="644"></iframe></p><br/><br/>https://www.youtube.com/watch?v=GzN0xmxvtegAdminhttp://www.blogger.com/profile/02423328634093657906noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-34667575999810880562023-01-07T09:06:00.002+08:002023-01-08T15:37:02.040+08:00Wood manufacturing sector's tailwinds dissipating amid tapering furniture demand, says HLIB Research<p>Wood manufacturing sector's tailwinds dissipating amid tapering furniture demand, says HLIB Research<br /><br />KUALA LUMPUR (Jan 6): The wood manufacturing sector's prospects appear to be dimming even with the easing in elevated raw material costs and supply chain issues, as the industry is facing yet another obstacle — slowing furniture demand.<br /><br />The declining US home sales, normalising pandemic trend as workers return to the office, coupled with increasing risk of a global economic downturn, are weighing furniture demand, said Hong Leong Investment Bank (HLIB) in a report on Friday (Jan 6).<br /><br />Among the top five export markets for Malaysian furniture in the first 10-month period last year, Singapore registered the largest year-on-year growth of 47.2% but the US remains the largest export market, making up 57.3% of total export value for the period, said the investment bank.<br /><br />However, it said existing US home sales have been declining amid rising mortgage rates, making it increasingly unaffordable for home buyers there.<br /><br />“This would inevitably have a negative impact on Malaysian furniture makers given that the US is the largest export market,” it noted.<br /><br />As workers return to office post-pandemic, HLIB said consumers are expected to shift their spending from buying home goods, like new furniture, to travel and leisure as international borders have opened.<br /><br />Moreover, HLIB said the weakening of the US dollar against the ringgit is a bane for the wood manufacturing sector as most of its revenues are denominated in the greenback.<br /><br />“Should global furniture demand take a downturn as a result of economic slowdown while the ringgit continues to strengthen against the greenback, there might be further margin compression ahead for the wood manufacturing sector,” it said.<br /><br />Therefore, HLIB downgraded the sector to “neutral” from “overweight”, and expects panel board makers like Evergreen Fibreboard Bhd and Heveaboard Bhd to fare better than furniture makers like Lii Hen Industries Bhd and Homeritz Corp Bhd, as the US is not their main export market.<br /><br />Evergreen’s operations in Thailand and Indonesia cater to the Middle East and Indonesian markets respectively, while Heveaboard’s main export market is Japan, said HLIB.<br /><br />“These markets are expected to be more resilient compared to the US market and as such, the panel board makers should fare better than the furniture makers as they would not be significantly impacted should there be an economic recession in the US,” it said.<br /><br />http://www.theedgemarkets.com/node/650721<br /></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-84523898013771901232020-11-04T20:26:00.002+08:002020-11-04T20:26:15.739+08:00居家办公兴起 家具业下半年回春<p><span></span></p><a name='more'></a><br />居家办公兴起 家具业下半年回春<br />13-16 minutes<br /><br />(吉隆坡3日讯)全球居家办公趋势兴起,家具业在近期市场下跌走势中仍保持其韧性,特别是刨花板(particleboard)领域,获益于强劲订单、原料价格走低、平均售价攀升、以及大幅改善生产组合的4大利好因素,有望在下半年转亏为盈。<br /><br />大华继显分析员表示,我国家具业仍是受瞩目的焦点,有望在下半年交出亮眼盈利,并且受到多项有利因素推动,如中美贸易战产生的订单外移、居家办公推高家具需求、以及因价格上涨和改善使用率而扩大赚幅等。<br /><br />受惠4大因素<br /><br />“家具公司如利兴工业(LIIHEN,7089,主板消费股)、家丽资机构(HOMERIZ,5160,主板消费股)和堡发资源(POHUAT,7088,主板消费股)主要出口至美国和欧洲,预期都可从上述有利因素中受惠。”<br /><br />与此同时,刨花板领域上市公司如美固木合板(MIECO,5001,主板工业股)和亿维雅(HEVEA,5095,主板工业股)则有望在下半年转亏为盈,尤其是因强劲需求、急剧上涨的价格和有利的销售组合所带动。<br /><br />自6月实施复原式行动管制令(RMCO)后,目前的生产线使用率已接近顶限,介于80%至90%,但美固木合板和亿维雅的需求激增,订单已排满到明年首季。为满足爆炸性成长的出口,特别是美国方面的刨花板短缺,也进一步推高平均售价,价格飙升20%至30%。<br /><br />“美固木合板料可从价格上涨和销售组合转变中受益匪浅。”<br /><br />分析员也指出,我国刨花板公司已摆脱泰国生产商激烈的价格竞争,并在3大利好因素推动下,有望实现新的盈利增长。即1.平均售价上涨、2.可持续性的订单可见度和交货时间至少增加到4个月、以及3.降低原料价格而提高赚幅。<br /><br />美固刨花板大赢家<br /><br />由于分析员预计,家具和刨花板公司将因为强劲需求和高赚幅,而产生可观的盈利,上修家具领域至“增持”。<br /><br />同时,看好刨花板公司盈利优势和下半年转亏为盈的机会,有望推动股价回弹超出家具生产商的股价回升走势。当中,美固木合板是刨花板领域的大赢家,虽然股价已攀升逾40%,但仍是分析员首选股项。<br /><br />“该公司除了恢复高盈利能力外,还计划重组一些短期债务,以使资产负债表变得更健康。”<br /><br />综合上述因素,大华继显分析员上调评级至“增持”,喊买美固木合板,目标价为55仙。<br /><br />其他家具领域方面,分析员首选利兴工业、家丽资机构和堡发资源,主因是它们出口美国的业务及受惠于正在进行的中美贸易转移。<br /><br />小型资本公司中,伟迈控股(WEGMANS,0197,创业板)近期扩大产能,也具有巨大增长潜力,使客户基础多样化并扩大产品范围。<br /><br /><br /><br /><p></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-23655214536386724292020-11-03T18:45:00.001+08:002020-11-03T18:45:55.215+08:00UOB Kay Hian upgrades furniture, particleboard sectors to 'overweight'<p><span></span></p><a name='more'></a>UOB Kay Hian upgrades furniture, particleboard sectors to 'overweight'<br />3-4 minutes<br /><br />KUALA LUMPUR (Nov 3): UOB Kay Hian has upgraded the furniture and particleboard sectors to "overweight" as it expects furniture and particleboard companies to generate strong earnings momentum on robust demand and better margins.<br /><br />The research house’s analyst Jack Goh in a note today said Malaysia’s furniture industry remains under the limelight and is poised to generate impressive earnings momentum in 2H20.<br /><br />This is boosted by several catalysts including structural demand shift on the US-China trade tension; pent-up demand for furniture, riding on the work-from-home trend; and margin expansion on price hikes and improved utilisation.<br /><br />“Local furniture companies such as Lii Hen Industries Bhd, Homeritz Corp Bhd and Poh Huat Resources Holdings Bhd, which export mostly to the US and Europe, will benefit,” said Goh.<br /><br />Goh also opined that particleboard companies such as Mieco Chipboard Bhd and Heveaboard Bhd (Hevea) are set for a turnaround from losses in 1H20 to deliver spectacular earnings in 2H20, backed by robust demand, sharply higher prices and favourable sales mix.<br /><br />“We gathered that Mieco and Hevea are seeing overwhelming demand from local furniture manufacturers since the RMCO [in June], and their order visibility remains good through to 1Q21 even though their production lines are currently running close to full capacity at 80-90% utilisation rates,” said Goh.<br /><br />Goh also said the shortage of particle boards in the market to fulfil explosive export demand (particularly to the US) has led to aggressive average selling price (ASP) revision, with chipboard prices surging by as much as 20-30%.<br /><br />Mieco, in particular, has greatly benefitted from price hikes and the shift in sales mix, he added.<br /><br />Goh also noted Malaysian particleboard producers have emerged from an intense pricing competition from Thailand producers which have depressed particleboard prices in 2017 to 2019.<br /><br />However, he said they are now poised for a new leg of earnings growth, driven by a trifecta of factors: ASP hike, sustainable orderbook visibility with delivery lead time rising to at least four months, and lower raw materials prices which lift profit margins.<br /><br />Goh believes the particleboard companies’ share price recoveries are in sync with that of furniture producers, and could outperform the furniture sector with the segment’s expected claim to earnings prominence and turnaround from losses in 2H20.<br /><br />“Our top pick for the particleboard segment remains Mieco despite its more than 40% share price appreciation since our last report two months ago. Besides nursing itself back to high profitability, Mieco is on course to restructure some of its short-term debts for a healthier balance sheet,” said Goh.<br /><br />At 11.19am, Lii Hen rose 15 sen or 3.82% to RM4.08, Homeritz increased by 1 sen or 1.25% to 81 sen, and Poh Huat went up 4 sen or 2.3% to RM1.78.<br /><br />Meanwhile, Mieco rose 3 sen or 6.25% to 51 sen, while Heveaboard increased by 1.5 sen or 3.03% to 51 sen.<br /><br />http://www.theedgemarkets.com/article/uob-kay-hian-upgrades-furniture-particleboard-sectors-overweight<br /><p></p>Adminhttp://www.blogger.com/profile/16609839271303069034noreply@blogger.comtag:blogger.com,1999:blog-25058915.post-3016422507451064652020-10-18T14:15:00.000+08:002020-10-18T14:15:15.636+08:00家丽资4送1红股凭单<p><span></span></p><a name='more'></a><br /><br />(吉隆坡17日讯)家丽资机构(HOMERIZ,5160,主板消费股)献议,每4股派送1红股及1凭单,享有权日待定。<br /><br />家丽资机构日前向交易所报备,建议送出最高9375万3102股红股,以及9375万3102张凭单C;料在末季完成。<br /><br />根据74.96仙的5天交易量加权平均市价(VWAP),凭单C的行使价定在75仙,发行红股的活动完成后,凭单行使价会调低至60仙。<br /><br />目前,该公司的股本达3亿2万4625股,相等于6001万7098令吉;在发行红股和凭单全面转换后,股本最多会扩大至5亿6251万8612,相等1亿5676万2362令吉。<br /><br />该公司通过此活动奖励股东,及提高股票数量并增加流通量。<br /><br /><br />http://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%AE%B6%E4%B8%BD%E8%B5%844%E9%80%811%E7%BA%A2%E8%82%A1%E5%87%AD%E5%8D%95<p></p>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-73846359898543454882020-09-04T21:21:00.004+08:002020-09-04T21:21:54.770+08:00Furniture makers’ long-term outlook good<br />
<a name='more'></a><br /><br />Homeritz is a leading upholstered home furniture manufacturer in Malaysia, focusing on dining chairs, sofas and bed frames.<br /><br />PETALING JAYA: The Malaysian furniture sector’s long-term outlook is encouraging, and demand growth will resume once the global economy reverts to normalcy in 2021, said a PublicInvest Research report.<br /><br />The research unit also said furniture demand will be bolstered by trade diversion due to the US-China trade war.<br /><br />Prior to the Covid-19 pandemic, total Malaysia furniture exports were growing at a compound annual growth rate (CAGR) of 7.6% between 2014 and 2019 to RM11.9bil, in tandem with the growth in the global furniture market.<br /><br />In addition, Malaysian furniture manufacturers are among the preferred options as buyers from the United States divert its orders from China to countries in South-East Asia.<br /><br />According to the Malaysian Timber Council (MTC), Malaysian wooden furniture exports to the United States jumped by 38% year-on-year in 2019 to RM4.7bil from RM3.4bil in 2018.<br /><br />Also, profit margins could improve, given the low raw material prices and a favourable foreign exchange rate.<br /><br />The report noted that prices of rubberwood, a main raw material used, have fallen and stabilised since the export ban in 2017.<br /><br />Given the ample supply of rubberwood as well as falling leather prices, margins are expected to improve.<br /><br />PublicInvest Research also believes exporters will likely benefit from the weak ringgit against the US dollar, and estimates that for every 1% drop in the ringgit, earnings for the furniture stocks under its coverage would increase by 0.8%.<br /><br />The research unit has an Overweight rating on the furniture sector, and Outperform calls on furniture makers Poh Huat Resources Holdings Bhd, Homeritz Corp Bhd and Wegmans Holdings Bhd.<br /><br />The report said Poh Huat’s growth will be supported by the higher furniture sales orders especially from the United States, and a change in furniture consumption, likely to be skewed towards affordable panel-based home-office furniture given a change in working environment.<br /><br />Meanwhile, Homeritz is a leading upholstered home furniture manufacturer in Malaysia, focusing on dining chairs, sofas and bed frames.<br /><br />PublicInvest Research pointed out that Homeritz is a leader in upholstered furniture manufacturing, has higher-than-average profit margins as an integrated original design manufacturer, and is in a net cash position with no borrowings.<br /><br />Wegmans Furniture is a Muar-based home furniture manufacturer specialising in dining furniture made from rubberwood.<br /><br />Regarding Wegmans’ ongoing litigation with the owner of an adjacent piece of land near its new plant, the report said the potential financial impact, if any, would be minimal as it involves a nursery where the owner is mostly seeking damages for the loss of 1,500 trees and the surrounding infrastructure.<br /><br />Wegmans may be able to claim the financial loss against the insurance company.<br /><br />The report said furniture stocks are still attractive given the potential annual earnings growth of 37% and 20% for financial years (FY) 2021 and 2022 respectively.<br /><br />The furniture stocks are valued at 10 to 15 times FY21 projected earnings per share, which translates to price-earnings to growth (PEG) of only 0.14-0.57 times (Wegmans has the lowest PEG due to its relatively stronger earnings growth).<br /><br />In addition, dividend yield remains high at a three-year historical average of 4%.<br /><br />Homeritz has the highest dividend yield and for FY20 and FY21, a yield of 4.5%. is projected.<br /><br />Homeritz had consistently declared high dividend payout, leading to a six-year historical dividend yield of 6.7%.<br /><br />Target prices for Poh Huat, Homeritz and Wegmans are RM1.80,93 sen and 40 sen respectively.<br /><br />https://www.thestar.com.my/business/business-news/2020/09/04/furniture-makers-long-term-outlook-good<br />Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-43062159355976504982020-08-25T21:08:00.000+08:002020-09-07T21:59:51.663+08:00马股系列 – 家私股四大天王 LIIHEN, POHUAT, LATITUD & HOMERIZ<br />
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<span data-keep-original-tag="false" data-original-attrs="{" style="color: #222222; font-family: "arial" , "verdana" , sans-serif;">众所周知手套股的四大天王
THKS绝对是今年的明星股,可是今天小编却想和大家聊聊我们大马家私股的四大天王,LIIHEN, LATITUD,
POHUAT以及HOMERIZ, 虽然HOMERIZ本身的营业额和另外三位老大相比还是有一点距离,可是如果对比LATITID
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<span style="color: #222222; font-family: "arial" , "verdana" , sans-serif; font-size: 12px;">这四家的家私股其中三家都是柔佛的公司而除了LATITUD是在巴生的,这四间家私公司超过90%以上的都是做出口生意,比较大的份额是北美地区或是欧洲地区,而为什么会聊到家私股呢?</span></div>
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第一点因为通过美国的新房屋销售数据显示,美国的房屋销售因为现在低利率政策刺激,再加上美国大规模的QE印钱,导致房屋销售有强势反弹和增长的现象。第二点因为中美贸易战,对于大马的家私业者是有利的,尤其在越南有设厂的公司,是有机会把美国的订单从中国商家里拿过来。<br />
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近期因为美金走弱而导致马币持续走强,马币走强对于家私出口的确是一个利空。<br />
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如果要从这四大天王做比较的话,我们从过去公司的业绩来做比较,很明显的LIIHEN短短8年就成功的实现逆袭,从老三位置成功的抢到了龙头的宝座,无论是营业额或是盈利都横扫同行。</div>
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小编粗浅的分析公司的基本面,除了LATITUD, 其他公司的ROE
股本回报率5年平均都是在15%以上而龙头老大LIIHEN的ROE则是排名最高,平均五年高达23%,而公司净现金比列对比股价则是POHUAT是高举榜首,现在股价1.32里面有45%是现金,而Profit
Margin最高的就是HOMERIZ, 因为HOMERIZ专注于OBM,所以他们的净利润对比其他同行是最高的15%。<br />
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所以单看这些简单数据来评估管理层在经营业务的能力上,看来LIIHEN的确实比同行更稳定,比较少有业绩炸弹的事情发生,无论是汇率问题,最低薪资问题或是原料问题,LIIHEN还是能迎刃而解,保持成长。<br />
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可是对于LIIHEN,小编还是有一些保留,因为当小编在查这四间公司的过往历史时,发觉LIIHEN在
2004年有发生一些公司管理层涉及发放虚假通告,或是一些不符合程序的事情的负面新闻,虽然现在掌托者已经是新的一代,可是这些负面事情还是会影响小编投资这间公司的看法。<br />
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其实4大家私股在这5年也是有不停的做扩张,尤其是LATITUD和POHUAT年里两间公司在这5年都丢了超过一个亿去做扩张,LIIHEN也是丢了8千万,可是从营业额来看,LIIHEN
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POHUAT的成长比较明显,体现了公司的管理层的能力,能有效的把资金转化成盈利,而LATITUD虽然丢了很多钱,可是这几年却不见成效,可能还是需要时间去等待发芽,可是对于小股东而言,如果能选择好的管理层管理的公司,这样才能睡得安心安稳。<br />
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而如果要小编在这4间挑选的话肯定是
LIIHEN和POHUAT,其实小编觉得POHUAT的价值更被低估,因为POHUAT的净现金比例对比股价高达45%,对于股东权益来说更加值得,第二点是小编觉得公司管理层无论在处理公司的网站上或是年报的内容上都比较丰富和专业,第三点是小编比较喜欢在越南有设厂的公司,越南的地理位置以及更有机会在中美贸易战中获益,而且公司年报不断强调以及投资自动化,对未来的方向和战略相当明确和透明,小编比较喜欢有透明度的公司,这样对没什么资讯的投资者比较公平。<br />
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虽说如此,小编还是从来没买过POHUAT的股票,反而LIIHEN近期却是做过短期交易,因为其实LIIHEN身为家私业的龙头再加上稳定的盈利,其实会更加受到市场上投资者的青睐。<br />
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<img data-original-attrs="{" height="252" src="https://klse.i3investor.com/files/my/blog/img/bl6532_pohuat_ta.png" width="600" /><br />
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其实对于小编而言,家私股算是比较稳定的派息股,而股价的走势通常都是和马币强弱有相关联系,当马币走弱,家私股的业绩会比较靓丽,而当马币走强的时候则相反,但如果长期投资家私股,每一年15%资本增长加5%的股息收入应该还是可以达标的,如果没时间去看着盘,在好的价格持守家私股可能也是一个不错的选择,但是小编还是偏向投资其他成长更加突出的公司。<br />
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*小编写这边文章的时候是在21号的时候,到今天为止都没有持有任何这四家公司的股票,文章只是纯粹的学术和资讯分享,没有任何买卖建议,买卖需自负。<br />
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<br />
#金斯利投资笔记<br />
#马股系列<br />
#大马家私股<br />
#家私股4大天王<br />
#LIIHEN7089<br />
#POHUAT7088<br />
#LATITUD7006<br />
#HOMERIZ5160<br />
<br />
https://klse.i3investor.com/blogs/kirthongyuan/2020-08-25-story-h1512511037.jsp</div>
</div>
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-75507422578433673292020-08-22T22:39:00.002+08:002020-08-22T22:39:50.945+08:00[HOMERIZ (5160) 家丽资机构 HOMERITZ CORP BHD:产量下降,因为由于马来西亚Covid-19大流行的爆发,其业务和运营在2020财年第三季度期间暂时中断] - James的股票投资James Share Investing <br />
<a name='more'></a> [HOMERITZ CORP BHD:产量下降,因为由于马来西亚Covid-19大流行的爆发,其业务和运营在2020财年第三季度期间暂时中断]<br /><br />2020财年第三季度,家丽资机构的收入和税前利润分别比上一财政年度同期下降35.12%和61.86%。 2020财年第三季度的收入和PBT的下降主要是由于产量下降,因为由于马来西亚Covid-19大流行的爆发,其业务和运营在2020财年第三季度期间暂时中断。由于2020财年第三季度较高的固定成本和半可变成本的吸收导致生产工作日缩短,因此PBT下降率较高。<br /><br />马来西亚政府已于2020年3月18日发布联邦公报,以颁布《行动控制令》(MCO),该指令于2020年3月18日生效。自2020年4月初以来,家丽资机构的子公司的经营获得马来西亚木材工业委员会(“ MTIB”)的批准,但工人人数受到限制。家丽资机构的子公司按照MTIB批准书中的条款和条件严格执行标准操作程序(“ SOP”)。随着有条件的MCO于2020年5月4日生效,所有工人均被允许工作,条件是家丽资机构的子公司继续严格执行SOP。<br /><br />9MFY2020家丽资机构的收入和税前利润分别比上一财政年度同期下降4.44%和5.63%。收入和PBT的下降主要归因于9MFY2020产量的降低,因为2020财年第三季度的产量受到马来西亚MCO实施的影响。<br /><br />QoQ:<br />与2020财年第二季度相比,家丽资机构的收入和PBT分别下降了43.51%和55.82%。收入和PBT的下降主要是由于在马来西亚Covid-19大流行爆发后,在2020财年第三季度业务和运营面临暂时中断,导致产量下降。<br /><br />前景:<br />该集团在全球经济不确定性的环境中运营,同时面临生产成本增加,汇率波动和COVID-19大流行的挑战。随着Covid-19病毒在世界范围内传播,世界卫生组织于2020年3月宣布它为大流行病。为应对这一暴发,马来西亚实施了前所未有的行动控制令(MCO),导致大多数商业和社会活动受到严重破坏,宏观经济受影响。由于尚未确定COVID-19大流行的全部影响,因此2020年的前景仍然充满挑战和不确定性。<br />------------------------<br />James Ng Stock Pick Performance:<br />Since Recommended Return:<br /><br />a. FRONTKEN CORP BHD, recommended on 12 Aug 18, initial price was RM0.715, rose to RM3.73, dividend RM0.04, in 2 years 9 days, total return is 427.3%<br /><br />b. TOP GLOVE CORP BHD, recommended on 1 July 18, initial price was RM12.14, rose to RM56.00 adjusted, dividend RM0.52, in 2 Years 1 month 20 days, total return is 365.6%<br /><br />c. MI TECHNOVATION BERHAD, recommended on 2 Jun 19, initial price was RM1.67, rose to RM6.78 adjusted, dividend RM0.055, in 1 Year 2 months 19 days, total return is 309.3%<br /><br />d. OPENSYS M BHD, recommended on 24 May 20, initial price was RM0.355, rose to RM1.09, dividend RM0.0025, in 2 months 28 days , total return is 207.7%<br /><br />e. KAREX BHD, recommended on 20 Oct 19, initial price was RM0.445, rose to RM1.09, dividend RM0.015, in 10 months 1 day, total return is 148.3%<br /><br />f. KKB ENGINEERING BHD, recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.61, dividend RM0.04, in 2 Years 1 month 20 days, total return is 107.5%<br /><br />g. PERAK TRANSIT BHD, recommended on 19 Jul 20, initial price was RM0.18, rose to RM0.285, in 1 month 2 days, total return is 58.3%<br /><br />h. PROLEXUS BHD, recommended on 25 Aug 19, initial price was RM0.455, rose to RM0.69, dividend RM0.003, in 11 months 27 days , total return is 52.3%<br /><br />i. MGB BHD, recommended on 1 March 20, initial price was RM0.565, rose to RM0.85, in 5 months 20 days , total return is 50.4%<br /><br />j. DESTINI BHD, recommended on 24 Sep 19, initial price was RM0.20, rose to RM0.30, in 10 months 28 days , total return is 50%<br /><br />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:<br /><br />预计公司每年的增长率必须超过14%<br /><br />我想说服读者学习基本面分析FA以便能从股市赚钱。<br /><br />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。<br /><br />Whatsapp : 011 - 15852043<br /><br />请订阅James的股票投资James Share Investing的Youtube频道:https://www.youtube.com/channel/UC60FiPa8yhuzgA0YMPuzgXQ<br /><br />Facebook Group: https://www.facebook.com/groups/jamesinvesting<br /><br />这个是我的TELEGRAM Group链接: https://t.me/joinchat/LhwHNhdU1fDgxrSafTrTiw<br /><br />请大家来Follow James的Instagram,获取最新的资讯:jamesnginvest<br /><br />免责声明:<br />高波动性投资产品,你的交易存在风险。过往表现不能作为将来业绩指标。内容仅作为分享,讨论以及领域的分析,而非是一种投资建议,买或卖自负。请Like和Share。最终决定永远是你的,谢谢。<br /><br />James Ng<br />------------------------------<br />[HOMERITZ CORP BHD: decrease in output as their business and operations faced temporary interruption during Q3FY2020 pursuant to the outbreak of the Covid-19 pandemic in Malaysia]<br /><br />The Group’s revenue and PBT of Q3FY2020 decreased by 35.12% and 61.86% respectively compared with the corresponding period last financial year. The decrease in revenue and PBT of Q3FY2020 were mainly due to the decrease in output as their business and operations faced temporary interruption during Q3FY2020 pursuant to the outbreak of the Covid-19 pandemic in Malaysia. The rate of decrease in PBT is higher as a result of the lower production working days caused by the higher absorption of fixed cost and semi variable cost during Q3FY2020.<br /><br />The Government of Malaysia had issued a Federal Gazette on 18 March 2020 to impose the Movement Control Order (MCO), effective 18 March 2020. Since early April 2020, the subsidiaries of the Group started to operate with limitation in terms of number of workers after granted approval from the Malaysian Timber Industry Board (“MTIB”). The subsidiaries of the Group are to operate under strict Standard Operating Procedures (“SOP”) as set out under the term and condition in the MTIB’s approval letter. With the commencement of conditional MCO on 4 May 2020, all the workers are allowed to work with the condition that the subsidiaries of the Group continue follow the SOP strictly.<br /><br />The Group’s revenue and PBT of 9MFY2020 decreased by 4.44% and 5.63% respectively compared with the corresponding period last financial year. The decrease in revenue and PBT were mainly attributed the lower of output for 9MFY2020 as the output in Q3FY2020 are affected by the imposition of the MCO in Malaysia.<br /><br />QoQ:<br />The Group’s revenue and PBT for the Q3FY2020 decreased by 43.51% and 55.82% respectively compared with the Q2FY2020. The decrease of revenue and PBT were mainly attributed the lower output as a result of business and operations faced temporary interruption during Q3FY2020 pursuant to the outbreak of the Covid-19 pandemic in Malaysia.<br /><br />Prospects:<br />The Group are operating in global economic uncertainties as well as facing increases in their production costs, fluctuation in foreign exchange rates and the COVID-19 pandemic. As Covid-19 virus spreads across the world, the World Health Organisation declared it a pandemic in March 2020. In response to the outbreak, Malaysia implemented the unprecedented Movement Control Order (MCO) causing most business and social activities to be severely disrupted with major macro-economic impacts. Outlook for 2020 remains challenging and uncertain as the full impact of the COVID-19 pandemic has not been ascertained.<br />--------------------------------------------------------------------------<br />I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:<br /><br />the forecasted growth of a company must over 14% per year<br /><br />I wish to convince readers to learn FA in order to make money from stock market.<br /><br />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.<br /><br />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.<br /><br />James Ng<br /><br />https://klse.i3investor.com/blogs/general/2020-08-22-story-h1512479110.jsp<br />Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-55514970790413636552020-08-02T09:08:00.002+08:002020-08-02T09:08:26.008+08:00季报分析 | HOMERIZ (5160) 家丽资机构 HOMERITZ CORP BHD 3Q20业绩探讨 <br />
<a name='more'></a>季报分析 | HOMERIZ (5160) 家丽资机构 HOMERITZ CORP BHD 3Q20业绩探讨 <img border="0" data-original-height="387" data-original-width="600" height="310" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiHD4S3zXgBFDX7mpCtkg_63-EvJ196x2sBobtjsHLNpLwrWEwnC7fU-EKrtbt6gx2XY-R-CKI-WwJgsytZeIEHLG6YVWl83XWitYtHwGrdWy-ZvhGSEvskncbp1wzx4eA63qmi/w480-h310/190715X15_C5926-0.jpg" width="480" /><br />
前阵子当看到南洋独家新闻报道说家具业订单大增的时候,我当下认定是炒作新闻,因为收到的消息都是说由于欧美国家受到疫情打击,因此对本地出口的家私需求有所放缓。而在7月的最后一天,Homeriz的最新季报公布了,正好可以从中检视本地家具领域的过去表现和未来前景。<br />
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Homeriz在2020年第三季的营业额按季减少43.5%至2347万令吉,净利也下挫57.9%至246万令吉。管理层表示由于政府针对新冠疫情爆发而在2020年3月18日采取行动管制措施,因此企业暂停营运直至4月初,旗下子公司获得批准以限制员工人数运作,并在2020年5月4日落实有条件行动管制令之后全面复工复产。Homeriz的季度正好落在3月至5月,换句话说3月份的工作天数只是平常的一半,4月份的生产力和员工人数都受到限制,按此计算的话第三季的营收和净利大跌一半也就不难理解了。<br />
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累积首9个月,Homeriz的营业额和净利按年下降4.4%和7.3%,分别是1亿899万令吉和1638万令吉,若非受到疫情干扰和行动管制令的影响,企业的获利表现肯定比去年好。或许是为了应对疫情造成的不确定性,管理层选择预留更多现金而没有派发股息。<br />
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根据近期投行分析,Liihen和Homeriz的销售表现已经大致回到今年1月、2月期间的水平,并引述大马家具总会的看法,指家具销量在市场重开后出乎意料地强劲,然而这是不是企业在管制令之前累积的未完成订单或是近期客户群的新增订单就不得而知了。去年有报导指出,Homeriz在2019年已签下8组美国新客户,目前正实施扩充计划,生产线可在未来3到5年内投入运作。而截止至今年5月底,企业的资本支出就已经超越去年达到1428万令吉了,为近年来开销最高,其中663万令吉是买下租赁地契,看来企业的增产活动依然如期展开,并没受到新冠疫情的太多影响,对关心企业未来发展的投资人来说也算是注入一支强心剂吧。<br />
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http://investalone.blogspot.com/2020/08/homeriz-3q20.htmlUnknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-37043983349072478122020-07-02T19:43:00.001+08:002020-07-02T19:43:10.786+08:00HOMERIZ (5160) 家丽资机构 HOMERITZ CORP BHD 62仙投资 <br />
<a name='more'></a><span style="font-size: small;"><span style="background-color: #edf2ff; color: #333333; font-family: "verdana" , "arial" , "helvetica" , fantasy , sans-serif;"><span>HOMERIZ (5160) 家丽资机构 HOMERITZ CORP BHD 62仙投资 <br /><br />-Homeritz
Corp Bhd是一家投资控股公司,设计,制造和销售室内装饰家具产品。 该公司提供的室内装饰家具产品包括皮革和织物沙发,餐椅和床架。
和Eritz品牌的生活用家具产品。 它还参与房地产投资活动; 以及家具和家具零件的设计,制造和销售。 该公司的主要收入来自亚太市场。</span></span></span>
<span style="font-size: small;"><span style="background-color: #edf2ff; color: #333333; font-family: "verdana" , "arial" , "helvetica" , fantasy , sans-serif;"><span><br /></span></span><span style="background-color: #edf2ff; color: #333333; font-family: "verdana", "arial", "helvetica", fantasy, sans-serif;">-HLG:</span></span>
<span style="font-size: small;"><br style="background-color: #edf2ff; color: #333333; font-family: Verdana, Arial, Helvetica, fantasy, sans-serif;" /></span>
<span style="font-size: small;"><span style="background-color: #edf2ff; color: #333333; font-family: "verdana", "arial", "helvetica", fantasy, sans-serif;">Maintain
BUY, TP: RM0.72. After rolling over our valuation year to FY21 and
adjusting for changes in earnings our TP falls from RM0.76 to RM0.72
pegged to an unchanged 10x PE multiple. We continue to like Homeritz due
to healthy net cash per share per share of RM0.27</span></span>
<span style="font-size: small;"><span style="background-color: #edf2ff; color: #333333; font-family: "verdana", "arial", "helvetica", fantasy, sans-serif;"><br /></span></span>
<span style="font-size: small;"><span style="background-color: #edf2ff; color: #333333; font-family: "verdana", "arial", "helvetica", fantasy, sans-serif;"></span><br /></span>
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<span style="font-size: small;"><span style="box-sizing: border-box; margin: 0px; padding: 0px;">-产品热销 订单大增 家具业逆势疯赶工</span></span></h1>
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<span style="background-color: #edf2ff; color: #333333; font-family: verdana, arial, helvetica, fantasy, sans-serif;"><a href="http://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E4%BA%A7%E5%93%81%E7%83%AD%E9%94%80-%E8%AE%A2%E5%8D%95%E5%A4%A7%E5%A2%9E-%E5%AE%B6%E5%85%B7%E4%B8%9A%E9%80%86%E5%8A%BF%E7%96%AF%E8%B5%B6%E5%B7%A5">http://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E4%BA%A7%E5%93%81%E7%83%AD%E9%94%80-%E8%AE%A2%E5%8D%95%E5%A4%A7%E5%A2%9E-%E5%AE%B6%E5%85%B7%E4%B8%9A%E9%80%86%E5%8A%BF%E7%96%AF%E8%B5%B6%E5%B7%A5</a></span><br />
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Fundamental Analysis: Lii Hen vs Homeritz</span></h1>
</header><figure class="post-thumbnail" style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 21.312px auto; max-width: none; padding: 0px; text-align: center;"><span style="font-size: small;"><img alt="" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" data-attachment-id="148" data-comments-opened="1" data-image-description="" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="furniture" data-large-file="https://focusinvesting484855354.files.wordpress.com/2020/04/furniture-e1587544896739.jpg?w=750" data-medium-file="https://focusinvesting484855354.files.wordpress.com/2020/04/furniture-e1587544896739.jpg?w=300" data-orig-file="https://focusinvesting484855354.files.wordpress.com/2020/04/furniture-e1587544896739.jpg" data-orig-size="960,536" data-permalink="https://focusinvesting484855354.wordpress.com/furniture/" height="536" src="https://focusinvesting484855354.files.wordpress.com/2020/04/furniture-e1587544896739.jpg?w=960" style="border-style: none; box-sizing: inherit; height: auto; margin-bottom: 0px; margin-top: 0px; max-width: 100%; vertical-align: middle;" width="960" /></span></figure><div class="entry-content" style="box-sizing: inherit; margin: 21.312px auto; max-width: none;">
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In my previous <a href="https://focusinvesting484855354.wordpress.com/2020/04/25/investment-ideas-the-furniture-industry/" rel="noreferrer noopener" style="box-sizing: inherit; color: #1279be; cursor: pointer; max-width: unset;" target="_blank">post</a>,
I made some highlights on the Malaysian furniture industry. In this
article, I would analyse the two furniture companies which I believe are
well positioned to ride out this economic uncertainty. To be honest,
there are many other companies to analyze within this industry and I may
have only analyzed a small portion of it. Here are the list of
companies that I have gone through:</span></div>
<ul style="-webkit-font-smoothing: antialiased; box-sizing: inherit; font-family: var(--font-base,"PT Sans",-apple-system,BlinkMacSystemFont,"Segoe UI","Roboto","Oxygen","Ubuntu","Cantarell","Fira Sans","Droid Sans","Helvetica Neue",sans-serif); margin: 21.312px auto; max-width: 100%; padding: 0px 0px 0px 32px;">
<li style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 0px; max-width: unset; padding: 0px;"><span style="font-size: small;">Homeritz</span></li>
<li style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 0px; max-width: unset; padding: 0px;"><span style="font-size: small;">Lii Hen</span></li>
<li style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 0px; max-width: unset; padding: 0px;"><span style="font-size: small;">Evergreen</span></li>
<li style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 0px; max-width: unset; padding: 0px;"><span style="font-size: small;">Heveaboard</span></li>
<li style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 0px; max-width: unset; padding: 0px;"><span style="font-size: small;">Jay Corp</span></li>
<li style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 0px; max-width: unset; padding: 0px;"><span style="font-size: small;">Poh Huat</span></li>
<li style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 0px; max-width: unset; padding: 0px;"><span style="font-size: small;">SWS</span></li>
</ul>
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<span style="font-size: small;">
I am sure that there are some I have missed out on but among these, I
believe Lii Hen and Homeritz are worth considering. The table below is a
summary of what my analysis indicates.</span></div>
<figure class="wp-block-image size-full is-resized" style="-webkit-font-smoothing: antialiased; box-sizing: inherit; display: table; margin: 21.312px auto; max-width: 100%; padding: 0px; text-align: center;"><span style="font-size: small;"><img alt="" class="wp-image-208" data-attachment-id="208" data-comments-opened="1" data-image-description="" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="image-25" data-large-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-25.png?w=750" data-medium-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-25.png?w=300" data-orig-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-25.png" data-orig-size="1467,992" data-permalink="https://focusinvesting484855354.wordpress.com/image-25/" height="435" src="https://focusinvesting484855354.files.wordpress.com/2020/04/image-25.png" style="border-style: none; box-sizing: inherit; height: auto; max-width: 100%; vertical-align: middle;" width="644" /></span><figcaption style="box-sizing: inherit; caption-side: bottom; color: #757575; display: table-caption; margin-bottom: 16px; margin-top: calc(8px); max-width: unset;"><span style="font-size: small;">Current price was on 24.4.2020</span></figcaption></figure><div style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 21.312px auto; max-width: 100%; overflow-wrap: break-word; padding: 0px;">
<span style="font-size: small;">
Analyzing the two companies was not simple, both companies had different
attractive points. If you noticed, Lii Hen has many characteristics of a
good company (good growth & strong cash position) but no investment
should ever be bought based on good growth alone. The <span style="box-sizing: inherit; font-weight: bolder; max-width: unset;">PRICE</span> we pay for the investment is equally important and Lii Hen may be selling at a discount.</span></div>
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<span style="font-size: small;">
Next up, we have Homeritz. The company experienced practically zero growth (<em style="box-sizing: inherit; max-width: unset;">actual: 3%</em>)
but it has been enjoying remarkable profit margins. Among the analyzed
companies, Homeritz has the highest profit margins and the only company
with double digits (<em style="box-sizing: inherit; max-width: unset;">average profit margin = 16.7%</em>).
Moreover, the cash position in Homeritz was equal to RM 0.27 per share!
If you would refer to the table below, you’d see that Homertiz has a
cash position of 82 million while the company’s market capitalization is
142 million (<em style="box-sizing: inherit; max-width: unset;">the cash is more than half its value now!</em>)</span></div>
<figure class="wp-block-image size-full" style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 21.312px auto; max-width: 100%; padding: 0px; text-align: center;"><span style="font-size: small;"><img alt="" class="wp-image-199" data-attachment-id="199" data-comments-opened="1" data-image-description="" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="image-22" data-large-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-22.png?w=750" data-medium-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-22.png?w=300" data-orig-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-22.png" data-orig-size="1026,333" data-permalink="https://focusinvesting484855354.wordpress.com/image-22/" src="https://focusinvesting484855354.files.wordpress.com/2020/04/image-22.png" style="border-style: none; box-sizing: inherit; height: auto; max-width: 100%; vertical-align: middle;" /></span></figure><div style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 21.312px auto; max-width: 100%; overflow-wrap: break-word; padding: 0px;">
<span style="font-size: small;">
In all aspects except debt, Lii Hen shows promising figures. The revenue
and profit has been growing at a CAGR of 14%. The cash position and
working capital has been growing steadily as well. However, I do not
believe that Lii Hen’s 14% growth rate is sustainable. Assuming that the
14% growth rate is maintained, Lii Hen’s revenue would double to RM
1.67 billion by 2024. The recent slowdown and pandemic would drastically
reduce furniture sales. I believe the future growth may fall between 3%
to 5%.</span></div>
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<span style="font-size: small;">
Homeritz has been stagnant with its growth but it does make predicting
it’s future earnings relatively simple. Moreover, the significantly
higher profit margins enjoyed by Homeritz would suggest its products are
within the premium product range and enjoys an above average profit.
Refer to the chart below for Lii Hen’s and Homeritz’s profit margins in
comparison to industrial averages. As you can see, Homeritz’s profit
margin is between 10% to 20% while Lii Hen’s is between 4% to 12%.
However, the industrial average is only 2.4%.</span></div>
<figure class="wp-block-image size-large" style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 21.312px auto; max-width: 100%; padding: 0px; text-align: center;"><span style="font-size: small;"><img alt="" class="wp-image-201" data-attachment-id="201" data-comments-opened="1" data-image-description="" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="image-23" data-large-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-23.png?w=750" data-medium-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-23.png?w=300" data-orig-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-23.png" data-orig-size="788,406" data-permalink="https://focusinvesting484855354.wordpress.com/image-23/" src="https://focusinvesting484855354.files.wordpress.com/2020/04/image-23.png?w=788" style="border-style: none; box-sizing: inherit; height: auto; max-width: 100%; vertical-align: middle;" /></span></figure><div style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 21.312px auto; max-width: 100%; overflow-wrap: break-word; padding: 0px;">
<span style="font-size: small;"><span style="box-sizing: inherit; font-weight: bolder; max-width: unset;">Branding</span></span></div>
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<span style="font-size: small;">
When it comes to branding, I prefer Homeritz as the company markets its
products under one brand name, Eritz. Although, the company is currently
in the ODM business, I believe that the company can make the switch
from ODM to OBM with its existing Eritz brand.</span></div>
<figure class="wp-block-image size-large" style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 21.312px auto; max-width: 100%; padding: 0px; text-align: center;"><span style="font-size: small;"><img alt="" class="wp-image-203" data-attachment-id="203" data-comments-opened="1" data-image-description="" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="image-24" data-large-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-24.png?w=750" data-medium-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-24.png?w=300" data-orig-file="https://focusinvesting484855354.files.wordpress.com/2020/04/image-24.png" data-orig-size="1121,492" data-permalink="https://focusinvesting484855354.wordpress.com/image-24/" src="https://focusinvesting484855354.files.wordpress.com/2020/04/image-24.png?w=1024" style="border-style: none; box-sizing: inherit; height: auto; max-width: 100%; vertical-align: middle;" /></span><figcaption style="box-sizing: inherit; color: #757575; margin-bottom: 16px; margin-top: calc(8px); max-width: unset;"><span style="font-size: small;">Homeritz’s brand</span></figcaption></figure><div style="-webkit-font-smoothing: antialiased; box-sizing: inherit; margin: 21.312px auto; max-width: 100%; overflow-wrap: break-word; padding: 0px;">
<span style="font-size: small;">
Lii Hen has yet to market its products under one brand name. As mentioned in my previous <a href="https://focusinvesting484855354.wordpress.com/2020/04/25/investment-ideas-the-furniture-industry/" rel="noreferrer noopener" style="box-sizing: inherit; color: #1279be; cursor: pointer; max-width: unset;" target="_blank">post</a>.
The move towards an OBM model would benefit the company in terms of
higher profit margins and Homeritz’s significantly higher profit margins
with its Eritz branding may be a key reason for its success.</span></div>
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<span style="font-size: small;"><span style="box-sizing: inherit; font-weight: bolder; max-width: unset;">Conclusion</span></span></div>
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<span style="font-size: small;">
As Lii Hen grows, the business would eventually require less capital
expenditures and would translate to potentially higher dividend returns.
However the lack of a branding is regrettable. Based on my estimates,
the company is worth between RM 2.50 to RM 3.20. The current price may
provide a 20% margin of safety.</span></div>
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<span style="font-size: small;">
Homeritz on the other hand has a cash position which is worth RM 0.27
while trading at RM 0.48. Moreover, assuming that the business remains
constant without growth, the company is worth RM 0.65 to RM 0.77. The
current price may provide a 25% margin of safety.</span></div>
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<span style="font-size: small;">
I already own shares of Homeritz and am looking towards puchasing Lii Hen. Therefore, my analysis would be biased.</span></div>
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广告</span></div>
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基本面分析:Lii Hen vs Homeritz</span></div>
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<span style="font-size: small;"><br /></span></div>
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<span style="font-size: small;">
在我以前的文章中,我对马来西亚家具业做了一些重点介绍。在本文中,我将分析两家相信可以很好地克服这种经济不确定性的家具公司。老实说,在这个行业中还有许多其他公司需要分析,而我可能只分析了其中的一小部分。以下是我经历过的公司列表:</span></div>
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荷马里兹</span></div>
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黎亨</span></div>
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常绿</span></div>
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橡胶板</span></div>
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杰伊公司</span></div>
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宝发</span></div>
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<span style="font-size: small;">
速帝世界总冠军大赛</span></div>
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<span style="font-size: small;">
我敢肯定我错过了一些,但是在这些之中,我相信Lii Hen和Homeritz值得考虑。下表是我的分析表明的摘要。</span></div>
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当前价格为24.4.2020</span></div>
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分析两家公司并非易事,两家公司具有不同的吸引力。如果您注意到,Lii Hen具有良好公司的许多特征(良好的增长和强大的现金状况),但仅凭良好的增长就不应购买任何投资。我们为投资支付的价格同样重要,Lii Hen可能会打折出售。</span></div>
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接下来,我们有荷马里兹。该公司的增长几乎为零(实际:3%),但利润率却很高。在所分析的公司中,荷马里兹的利润率最高,也是唯一一位两位数的公司(平均利润率=
16.7%)。此外,荷马兹的现金头寸等于每股0.27令吉!如果您参考下表,您会发现Homertiz的现金头寸为8200万,而公司的市值为1.42亿(现金现在是其市值的一半以上!)</span></div>
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除债务外,在所有方面,黎亨均显示出良好的前景。收入和利润一直以14%的复合年增长率增长。现金状况和营运资金也一直稳定增长。但是,我认为Lii
Hen的14%的增长率是可持续的。假设维持14%的增长率,Lii
Hen的收入到2024年将翻一番,达到16.7亿林吉特。近期的放缓和大流行将大大减少家具的销售。我相信未来的增长可能会落在3%至5%之间。</span></div>
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荷马里兹的增长一直停滞不前,但确实使预测其未来收益变得相对简单。而且,荷马利兹公司获得的利润率明显更高,这表明其产品属于优质产品范围,并且利润高于平均水平。请参阅以下图表,了解Lii
Hen和Homeritz与行业平均水平相比的利润率。如您所见,荷马里兹的利润率在10%至20%之间,而莉恩(Lii
Hen)的利润率在4%至12%之间。但是,行业平均水平仅为2.4%。</span></div>
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品牌推广</span></div>
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<span style="font-size: small;"><br /></span></div>
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<span style="font-size: small;">
在品牌方面,我更喜欢Homeritz,因为该公司以一个品牌Eritz销售产品。尽管该公司目前从事ODM业务,但我相信该公司可以使用其现有的Eritz品牌从ODM转换为OBM。</span></div>
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<span style="font-size: small;"><br /></span></div>
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荷马兹的品牌</span></div>
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<span style="font-size: small;">
Lii Hen尚未以一个品牌名称销售其产品。正如我以前的帖子中提到的。朝着OBM模式的转变将使公司从更高的利润率中受益,荷马兹的Eritz品牌带来的更高的利润率可能是其成功的关键原因。</span></div>
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结论</span></div>
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<span style="font-size: small;"><br /></span></div>
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<span style="font-size: small;">
随着Lii Hen的发展,该业务最终将需要更少的资本支出,并可能转化为更高的股息回报。然而,缺乏品牌令人遗憾。根据我的估计,该公司的市值介于2.50令吉至3.20令吉之间。当前价格可能提供20%的安全裕度。</span></div>
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另一方面,荷马里兹的现金头寸价值为0.27令吉,而交易价为0.48令吉。此外,假设业务保持不变而不增长,公司的市值将介于0.65令吉至0.77令吉。当前价格可能提供25%的安全边际。</span></div>
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<span style="font-size: small;"><br /></span></div>
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<span style="font-size: small;">
我已经拥有Homeritz的股份,并且正在寻求购买Lii Hen。因此,我的分析将有偏见。</span></div>
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个人分享,投资自负。</span></div>
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<span style="background-color: #edf2ff; color: #333333; font-family: "verdana", "arial", "helvetica", fantasy, sans-serif;"><br /></span></span><span style="font-size: small;">https://kongsenger.blogspot.com/2020/07/homeriz-5160-62.html<br /><br /></span>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-50910831347400109462020-04-04T11:02:00.001+08:002020-04-04T11:02:57.471+08:00浅谈net cash公司<br />
<a name='more'></a>浅谈net cash公司 (这次版主做infographic + 文章‼️)<br /><br />金融风暴,美国无限QE,喝温水可以杀掉病毒的故事今天都不会说,因为FB已经很多人分享了。现在,我们能为国家贡献的是Duduklah diam diam di rumah。大家加油,撑过2020年,明年就是2021年了 💪🏻<br /><br />限制令延长到4月14号,这一定对许多企业有不小的打击。现在对我们最重要的就是拥有一笔可自由调动的现金💰来支撑我们的日常开销。<br /><br />上市公司也一样,需要健康的财务状况才能度过这次的风暴。<br /><br />以下是随机挑选几家的Net Cash公司 💁🏻♂️:<br /><br />📌HUPSENG (5024)<br />HUPSENG的业务主要是生产和销售饼干🍪以及速溶饮料🥤。饼干目前占了94%的总营业额。HUPSENG也有出口产品到印尼、泰国及中国。HUPSENG资产负债表强稳,没有borrowings,手握RM85m的净现金。此外,HUPSENG有稳定的派息记录,公司从2015年开始每年派发6sen的股息回馈股东。<br /><br />翻开年报可以发现HUPSENG的现金一年不如一年,原因在于公司赚5分可是派6分的股息。管理层的发展策略比较保守,不愿意投入大笔资金扩张,导致公司的股价开始一路向南。不懂大家最近去抢货时,有没有support一下HUPSENG 😂<br /><br />📌AMWAY (6351)<br />“你有梦想吗?你有听过AMWAY吗?” 😆 没错,听过这句台词的读者们应该都懂AMWAY是做什么的。<br /><br />AMWAY是大马直销业的老大,同样有上市的直销股有HAIO和ZHULIAN。马股上市的AMWAY是AMWAY MALAYSIA,所以只包含马来西亚🇲🇾和文莱🇧🇳的业务而已,不是全球的AMWAY,切记‼️<br /><br />旗下的产品有营养与保健品,护肤品,个人护理用品,家居电器等。AMWAY的业务很依赖马币兑美元的走势。由于他们产品是从母公司进口,因此马币走强可以让AMWAY进口成本降低。AMWAY持有RM183M的净现金,没有任何的银行贷款,每个季度都会派发股息还有80%派息政策。令人担忧的是,近几年营业额每况愈下,净利也是在RM51-54M徘徊。这也导致公司股价从当初RM10下滑到今天的RM4.75。不知道大家有没有买多一点AMWAY保健品来对抗疫情呢?🤔<br /><br />📌HOMERIZ (5160)<br />HOMERIZ是一家生产中高端的软垫家具制造商。业务主要是设计、制造以及销售软垫家具。他们生产的家具有沙发,餐桌餐椅以及床架。HOMERIZ除了拥有自己设计制造的品牌Eritz,他们也有从事代工生产。<br /><br />公司的产品主要以出口为主,目前已出口全球多过40个国家,包挂欧洲,亚太地区,北美洲,南美洲,亚洲以及非洲。<br />HOMERIZ的业绩非常依赖汇率以及经济情况。美金走强对公司的净利是利好,因为他们的产品都是出口并以美元结算。经济好,消费者更换家具的次数会比较多 (经济不好时,沙发破了还是会继续用 😆)。<br /><br />HOMERIZ的营业额自从FY 2017就开始走下坡,而净利也因为原料成本及劳工成本飙升而走下坡。公司持有RM86m的现金,没有银行贷款,财务状况非常健康。公司每年除了积极扩展业务,还很慷慨的拿出30%以上的净利派息给股东。目前,全球都在封国,对HOMERIZ的业绩肯定会很大的影响,毕竟这个时候你会抢粮食还是强家具呢?🤔<br /><br />📌FPGROUP (5277)<br />FPGROUP是一家半导体行业精密加工零件供应商。他们的客户都是以半导体公司为主。旗下产品有Stiffeners (加固器), test sockets (测试用插座) ,hand lids(手盖)还有其他相关的装配件。公司的产品主要以出口为主,分别出口到北美洲,其他亚洲国家以及欧洲。出口占了85%的营业额,而大马的业务只有15%。<br /><br />目前,公司持有RM45m净现金,没有任何银行贷款。由于FPGROUP是成长型的公司,因此派息没那么大方。最重要公司积极扩展业务为股东赚更多钱 😎<br /><br />展望未来,FPGROUP已经为进军汽车业做好规划。公司估计会在2020上半年得到准证,并在下半年开始生产,主要是生产公司汽车牙箱的零部件。由于疫情的影响,很多国家开始封国加上5G的进展将会缓慢,对FPGROUP的业绩会有一定的影响。只要疫情过去了,公司业绩或许会迅速反弹。🤔<br /><br />以上是版主随机选出来与大家分享的Net Cash公司。想知道一家公司是不是net cash可以到以下的 link看看<br /><br />Link:https://www.facebook.com/hardtimeinvest/posts/116523563019048?__tn__=-R<br /><br />如果喜欢这类型的文章,就comment #netcash 让版主知道有多少人喜欢。没人喜欢的话,下一篇文章再问 😂<br /><br />想要开股票户口的朋友可以pm我们 😎<br /><br />免责声明:<br /><br />以上纯属个人分享,所涉及的内容仅供学习用途,不是专业的金融投资及买卖意见。请自行分析,了解风险,向金融专家探讨投资的性质。<br /><br />#Netcash<br />#Hupseng<br />#Amway<br />#Homeriz<br />#Fpgroup<br />#hardtimeinvest<br /><br />https://m.facebook.com/hardtimeinvest/?refid=52&__tn__=C-R<br />Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-79445691080024911982020-03-31T18:29:00.000+08:002020-03-31T18:29:01.303+08:00Industry Comparison – Wooden Furniture <br />
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Sector<span style="mso-tab-count: 2;"> </span>: </span></b><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Consumer
Product & Service</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Sub
Sector <span style="mso-tab-count: 1;"> </span>:</span></b><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">
Household Goods</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">As of 30th March 2020 there are 14 company listed in
Bursa Main Market and ACE market which are doing business in manufacturing and
trading of wooden furniture. They are:</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">1) <a href="http://www.eurospan.com.my/">EUROSP(7094) – EUROSPAN HOLDING BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">2) <a href="https://www.fihb.my/">FIHB(8605) – FEDERAL INTERNATIONAL HOLDINGS BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">3) <a href="https://ivkls.blogspot.com/2019/04/stock-review-homeritz-5160-homeritz.html">HOMERITZ(5160) – HOMERITZ CORPORATION BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">4) <a href="http://www.jaycorp.com.my/">JAYCORP(7152) – JAYCORP BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">5) <a href="http://www.lattree.com/">LATITUD(7006) – LATITUDE TREE HOLDINGS BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">6) <a href="http://ivkls.blogspot.com/2017/09/stock-review-liihen-7089-liihen.html">LIIHEN(7089) – LII HEN INDUSTRIES BHD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">7) <a href="https://ivkls.blogspot.com/2019/04/stock-review-pohuat-7088-poh-huat.html">POHUAT(7088) – POH HUAT RESOURCES HOLDINGS BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">8) <a href="http://www.sernkou.com/">SERNKOU(7180) – SERN KOU RESOURCES BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">9) <a href="https://ver201711.shh.com.my/">SHH(7142) – SHH RESOURCES HOLDINGS BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">10) <a href="https://www.bursamalaysia.com/trade/trading_resources/listing_directory/company-profile?stock_code=7943">SNC (7943) – SAND NISKO CAPITAL BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">11) <a href="http://www.swscap.com/">SWSCAP (7186) – SWS CAPITAL BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">12) <a href="http://www.syf.com.my/">SYF (7082) – SYF RESOURCES BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">13) <a href="http://www.tafi.com.my/">TAFI (7211) – TAFI INDUSTRIES BERHAD</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">14) <a href="http://wegmans.com.my/">WEGMANS (0197) – WEGMANS HOLDINGS BERHAD</a></span></div>
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</div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">64 % of the companies listed above have their
manufacturing plant in Johor. While JAYCORP, LATITUD and POHUAT also owning
manufacturing plant outside Malaysia which are in Indonesia (JAYCORP), Thailand
(LATITUD) and Vietnam (LATTUD and POHUAT).</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
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<b style="mso-bidi-font-weight: normal;"><u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Competiveness</span></u></b></div>
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<b style="mso-bidi-font-weight: normal;"><u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></u></b></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><a href="https://www.investopedia.com/terms/m/marketshare.asp">Marketshares</a> </span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">is
an importance indicator to determine the competitiveness of the company. Total
revenue make from manufacturing and trading of wooden furniture for the year
2018 is <b style="mso-bidi-font-weight: normal;">RM 3,218,703,904</b>.</span></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">COMPANY</span></b></div>
</td>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">REVENUE
(FURNITURE) 2018 (RM)</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">MARKET SHARE
(%)</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.eurospan.com.my/">EUROSP (7094)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">60,241,427</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1.87</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://www.fihb.my/">FIHB (8605)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">26,320,398</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.82</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://ivkls.blogspot.com/2019/04/stock-review-homeritz-5160-homeritz.html">HOMERITZ (5160)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">166,445,092</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">5.17</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.jaycorp.com.my/">JAYCORP (7152)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">221,876,000</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">6.98</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 5;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.lattree.com/">LATITUD (7006)</a></span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">777,100,000</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">24.14 </span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 6;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://ivkls.blogspot.com/2017/09/stock-review-liihen-7089-liihen.html">LIIHEN (7089)</a></span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">802,990,966</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">24.95</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 7;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://ivkls.blogspot.com/2019/04/stock-review-pohuat-7088-poh-huat.html">POHUAT (7088)</a></span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">621,925,519</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">19.32</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 8;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.sernkou.com/">SERNKOU (7180)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">58,411,210</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1.81</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 9;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://ver201711.shh.com.my/">SHH (7142)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">119,082,113</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">3.70</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 10;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://www.bursamalaysia.com/trade/trading_resources/listing_directory/company-profile?stock_code=7943">SNC (7943)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2,979,611</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.09</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 11;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.swscap.com/">SWSCAP (7186)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">52,286,788</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1.62</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 12;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.syf.com.my/">SYF (7082)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">191,163,000</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">5.94</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 13;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.tafi.com.my/">TAFI (7211)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">22,896,941</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.71</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 14; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://wegmans.com.my/">WEGMANS (0197)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 7.0cm;" valign="top" width="265">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">94,984,839</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 109.4pt;" valign="top" width="146">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2.95</span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal">
</div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Top three companies in term of market shares are
LIIHEN (24.95 %), LATITUD (24.14%) and POHUAT (19.32 %). This three companies
had combined market shares of 68.41 %.</span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Operational</span></u></b></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">For operational, <a href="https://www.investopedia.com/terms/o/operatingincome.asphttps://www.investopedia.com/terms/o/operatinginc">operating income</a> </span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">of the companies had been review. Operating
income determine how much the companies’ revenue had turn into profit after reduction
cost of <a href="https://www.investopedia.com/terms/o/operating_expense.asp">operating expense </a>.</span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Besides operating income, <a href="https://efinancemanagement.com/financial-analysis/operating-margin-ratio">operating margin ratio</a> </span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">is
also calculated. Companies with higher operating margin ratio have more
probability to survive in today financial crisis. The median operating margin
ratio for this group of companies for 2018 is <b style="mso-bidi-font-weight: normal;">6.29</b>.</span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">COMPANY</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2018 OPERATING
INCOME (RM)</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2018 OPERATING
MARGIN RATIO</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.eurospan.com.my/">EUROSP (7094)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">(1,609,950)</span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoListParagraph" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">- 2.67</span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://www.fihb.my/">FIHB (8605)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2,351,523</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">8.93</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://ivkls.blogspot.com/2019/04/stock-review-homeritz-5160-homeritz.html">HOMERITZ (5160)</a></span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">25,418,893</span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">15.27</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.jaycorp.com.my/">JAYCORP (7152)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">12,546,000</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">5.65</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 5;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.lattree.com/">LATITUD (7006)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">53,805,000</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">6.92</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 6;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://ivkls.blogspot.com/2017/09/stock-review-liihen-7089-liihen.html">LIIHEN (7089)</a></span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">77,386,074</span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">9.64</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 7;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://ivkls.blogspot.com/2019/04/stock-review-pohuat-7088-poh-huat.html">POHUAT (7088)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">57,529,013</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">9.25</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 8;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.sernkou.com/">SERNKOU (7180)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">(1,721,794)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-2.95</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 9;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://ver201711.shh.com.my/">SHH (7142)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">(11,763,933)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-9.88</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 10;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://www.bursamalaysia.com/trade/trading_resources/listing_directory/company-profile?stock_code=7943">SNC (7943)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">(1,463,316)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-49.11</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 11;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.swscap.com/">SWSCAP (7186)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">3,832,787</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">7.33</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 12;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.syf.com.my/">SYF (7082)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">130,000</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.07</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 13;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.tafi.com.my/">TAFI (7211)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">(4,453,930)</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-19.45</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 14; mso-yfti-lastrow: yes;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://wegmans.com.my/">WEGMANS (0197)</a></span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">12,911,017</span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">13.59</span></b></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal">
</div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">As value investor, companies with negative operating
income are a bit risky to invest in hence the five companies; EUROSP, SERNKOU,
SHH, SNC and TAFI have disqualify for further company evaluation.</span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Companies with high operating margin mean there are
still pretty of allowance to lower down the sale price of their products to
make their product competitive. There are HOMERITZ (15.27), WEGMANS (13.59) and
LIIHEN (9.64).</span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Sustainability</span></u></b></div>
<div class="MsoNormal">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></u></b></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">For the sustainability of the business, debt of the
companies is being review. There are two criteria to look at <a href="https://www.investopedia.com/terms/i/interestcoverageratio.asp">interest coverage ratio</a></span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"> which is used to determine how easy the companies able to pay off the interest
of outstanding debt and <a href="https://www.investopedia.com/terms/d/debtratio.asp">debt ratio</a>. </span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">The
median debt ratio for 2018 is <b style="mso-bidi-font-weight: normal;">0.32</b>.</span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">COMPANY</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2018 INTEREST
COVERAGE RATIO</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2018 DEBT
RATIO</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.eurospan.com.my/">EUROSP (7094)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-24.35</span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoListParagraph" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.19</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://www.fihb.my/">FIHB (8605)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">11.25</span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.74</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://ivkls.blogspot.com/2019/04/stock-review-homeritz-5160-homeritz.html">HOMERITZ (5160)</a></span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">No Financial
Cost</span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.11</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.jaycorp.com.my/">JAYCORP (7152)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">14.22</span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.19</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 5;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.lattree.com/">LATITUD (7006)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">No Financial Cost</span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.53</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 6;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://ivkls.blogspot.com/2017/09/stock-review-liihen-7089-liihen.html">LIIHEN (7089)</a></span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">61.05</span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.30</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 7;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://ivkls.blogspot.com/2019/04/stock-review-pohuat-7088-poh-huat.html">POHUAT (7088)</a></span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">45.66</span></b></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.26</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 8;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.sernkou.com/">SERNKOU (7180)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-2.25</span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: text1;">0.44</span><span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 9;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://ver201711.shh.com.my/">SHH (7142)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-29.78</span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: text1;">0.22</span><span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 10;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="https://www.bursamalaysia.com/trade/trading_resources/listing_directory/company-profile?stock_code=7943">SNC (7943)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">No Financial Cost<span style="color: red;"></span></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: text1;">0.72</span><span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 11;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.swscap.com/">SWSCAP (7186)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1.20</span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.47</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 12;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.syf.com.my/">SYF (7082)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.02</span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.35</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 13;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://www.tafi.com.my/">TAFI (7211)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-27.97</span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: text1;">0.16</span><span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 14; mso-yfti-lastrow: yes;">
<td style="background: white; border-top: none; border: solid windowtext 1.0pt; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 154.25pt;" valign="top" width="206">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"><a href="http://wegmans.com.my/">WEGMANS (0197)</a></span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 163.0pt;" valign="top" width="217">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">9.89</span></div>
</td>
<td style="background: white; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-background-themecolor: background1; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 144.85pt;" valign="top" width="193">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.40</span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal">
</div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">There are three companies with no financial cost
which mean they are either no debt or the debt are interest free. The companies
are HOMERITZ, LATITUD and SNC. Besides that company with high interest coverage
ratio mean they are able easily to pay off their debt with their operating
income.</span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">The top three companies for sustainability are
either had no financial cost or high interest coverage ratio and have low debt
ratio. The companies are HOMERITZ, POHUAT and LIIHEN.</span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Summary</span></u></b><u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"></span></u></div>
<div class="MsoNormal">
<b style="mso-bidi-font-weight: normal;"><u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></u></b></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">In summary a point is given to each company to evaluated
each company competiveness, operational and sustainability. Points given are as
follows:</span></div>
<div class="MsoNormal">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: Times New Roman, serif;"><span style="font-size: 21.3333px;"><u>Competitiveness</u></span></span></div>
<div class="MsoNormal">
<u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></u></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Criteria</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Point</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Greater
than 20 % Market Shares</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">5</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">15.01
% - 20.00 % Market shares</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">4</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">10.01
% - 15.00 % Market shares<span style="mso-tab-count: 1;"> </span></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">3</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">5.01
% - 10.00 % Market shares<span style="mso-tab-count: 1;"> </span></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 5;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1.00
% - 5.00 % Market shares<span style="mso-tab-count: 1;"> </span></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 6; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Less
than 1%</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0</span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal">
</div>
<div class="MsoNormal">
<u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Operational</span></u></div>
<div class="MsoNormal">
<u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></u></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Criteria</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Point</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Greater
than 10 <span style="mso-spacerun: yes;"> </span>Operating Margin</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">5</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">8.01
– 10.00 Operating Margin</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">4</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">5.01
– 8.00 Operating Margin<span style="mso-tab-count: 1;"> </span></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">3</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">3.01
- 5.00 Operating Margin<span style="mso-tab-count: 1;"> </span></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 5;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1.01
- 3.00 <span style="mso-spacerun: yes;"> </span>Operating Margin<span style="mso-tab-count: 1;"> </span></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 6;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.00
– 1.00 Operating Margin</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 7; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Less
than 0</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Disqualified</span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal">
</div>
<div class="MsoNormal">
<u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Sustainability</span></u></div>
<div class="MsoNormal">
<u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></u></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Criteria</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Point</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">No
Financial Cost</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Greater
than 20 Interest Coverage Ratio</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Less
than 20 Interest Coverage Ratio</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0</span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal">
</div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Criteria</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Point</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Less
than 0.15</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">3</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.15
– 0.35</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.36
– 0.50</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">1</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 359.8pt;" valign="top" width="480">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; tab-stops: 240.0pt;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Greater
than 0.50</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 102.3pt;" valign="top" width="136">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0</span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal">
</div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-table-layout-alt: fixed; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt;">COMPANY</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt;">Competitiveness</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt;">Operational</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt;">Sustainability</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="center" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: center;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 14.0pt;">Total</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.eurospan.com.my/">EUROSP</a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.eurospan.com.my/">(7094)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">1</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoListParagraphCxSpFirst" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoListParagraphCxSpMiddle" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">2</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoListParagraphCxSpLast" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="https://www.fihb.my/">FIHB </a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="https://www.fihb.my/">(8605)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">0</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">4</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">0</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">4</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="https://ivkls.blogspot.com/2019/04/stock-review-homeritz-5160-homeritz.html">HOMERITZ (5160)</a></span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">2</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">5</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">5</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">12</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.jaycorp.com.my/">JAYCORP </a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.jaycorp.com.my/">(7152)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">2</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">3</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">2</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">7</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 5;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.lattree.com/">LATITUD (7006)</a></span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">5</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">3</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">2</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">10</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 6;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://ivkls.blogspot.com/2017/09/stock-review-liihen-7089-liihen.html">LIIHEN </a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://ivkls.blogspot.com/2017/09/stock-review-liihen-7089-liihen.html">(7089)</a></span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">5</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">4</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">3</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">12</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 7;">
<td style="background: #92D050; border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="https://ivkls.blogspot.com/2019/04/stock-review-pohuat-7088-poh-huat.html">POHUAT </a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="https://ivkls.blogspot.com/2019/04/stock-review-pohuat-7088-poh-huat.html">(7088)</a></span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">4</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">4</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">3</span></div>
</td>
<td style="background: #92D050; border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">11</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 8;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.sernkou.com/">SERNKOU (7180)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">1</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">1</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 9;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="https://ver201711.shh.com.my/">SHH </a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="https://ver201711.shh.com.my/">(7142)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">1</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">2</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 10;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="https://www.bursamalaysia.com/trade/trading_resources/listing_directory/company-profile?stock_code=7943">SNC </a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="https://www.bursamalaysia.com/trade/trading_resources/listing_directory/company-profile?stock_code=7943">(7943)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">1</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">3</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 11;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.swscap.com/">SWSCAP </a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.swscap.com/">(7186)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">0</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">3</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">1</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">4</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 12;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.syf.com.my/">SYF</a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.syf.com.my/">(7082)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">2</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">0</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">2</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">4</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 13;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.tafi.com.my/">TAFI</a></span></div>
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://www.tafi.com.my/">(7211)</a></span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">0</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 92.1pt;" valign="top" width="123">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 99.25pt;" valign="top" width="132">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">2</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 73.95pt;" valign="top" width="99">
<div align="right" class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: right;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;">DIS</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 14; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 97.55pt;" valign="top" width="130">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm;">
<span style="color: black; font-family: "Times New Roman","serif"; font-size: 14.0pt; mso-themecolor: text1;"><a href="http://wegmans.com.my/">WEGMANS (0197)</a></span></div>
</td>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">From the evaluation above, HOMERITZ (12 points),
LIIHEN (12 points), POHUAT (11 points) and LATITUD (10 points) is qualified for
further analysis.</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><span style="color: #0000ee; font-family: "times new roman", serif; font-weight: 700; text-align: justify;">Summary of Stock Reviews</span></span></div>
<br />http://ivkls.blogspot.com/2020/03/industry-comparison-wooden-furniture.htmlUnknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-75607930404460008832020-01-13T19:23:00.000+08:002020-01-13T19:23:32.236+08:00还有两年 估价偏低 家丽资机构WB值得持有/温世麟硕士<br />
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<img alt="200113x3003_noresize" class="alignnone size-full wp-image-1344566" height="2618" src="http://www.enanyang.my/wp-content/uploads/2020/01/200113x3003_noresize.jpg" style="width: 700px;" width="2566" /><br />
<b>免责声明</b><br />
本栏纯属学术上或经验上的建议,读者若有兴趣投资,应该自行深入研究或询问股票经纪才决定,盈亏自负。我们鼓励通过正确的投资方式创造财富。<br />
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http://www.enanyang.my/news/20200112/还有两年-估价偏低-br家丽资机构wb值得持有温世麟/<br />
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Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-47536504073287522802019-07-22T18:09:00.001+08:002019-07-22T18:09:09.958+08:00股票点评 8 Jul - 19 Jul 2019 <br />
<a name='more'></a> CLOUD 03001,是在LEAP 板(俗称第三板)挂牌的公司,公司是做商业资讯处理的公司。公司2019年首半年业绩表现平平,其营收减少22.39%,而其税后盈利也稍微减少0.3%,至520万或每股盈利(6个月)0.64sen。公司今年6个月的营收减少,主要是新加坡营收大幅度减少,因为公司调整其业务至其他高利润的地区,因此虽然新加坡营收少,却增加了我国,印尼营收和开创北美市场,因此虽然营收减少双位数,但税后盈利却还能够维持。商业资讯处理业务在东南亚应该还是属新兴业务,因此按推断公司未来潜能很大,因此公司虽然属于第三版,假以时日有机会晋升到头板。<br />注:LEAP板并不开放给一般投资者,而只开发给SOPHISTICATED 投资者,所谓SOPHISTICATED投资者要很雄厚的资本,和要有超高的入息才行,详情可以询问临近的股票行。<br /><br />明试控股(AEMULUS 0181),是一间从事半导体和仪器制造公司。公司2019年首半年业绩和大多电子股类似,都出现业绩下滑。其营收减少23%,其税后盈利也相同减少46%,至149万或每股盈利(6个月)0.27sen。公司本地和海外营收都出现萎缩,这也是公司过去两年营收都在下滑的持续,由于今年在研发经费的减少,因此稳住有盈利,不然公司可能就要面对亏损。现今半导体市场出现萎缩,而且也不知道几时会在恢复扩张,相信今年如果公司可以保住不亏损已经很不错了,要重回扩张成长的盈利,相信至少要等明年才有可能。<br />(净资产RM0.14 本益比31.52 股息0.2sen(2018) 股东回酬 5.21%)<br /><br />家丽资(HOMERIZ 5160),是一间生产家具公司。公司2019年9个月的业绩表现良好,其营收虽然下跌9.7%,但其税后盈利却增加19%,达1766万或每股盈利(9个月)5.89sen。公司虽然销量下跌,却因为原料成本的降低而得益,因此推高了公司整体盈利。公司向来派息还算大方,近期刚宣布2sen的股息,因此在盈利和股息配合下,股价这几天是在飙涨。虽然公司和投资机构都唱好,不过却有些要留意,就是营收的下跌,在全球经济放缓的情况下,家具的需求可能因此而减少,管理层需要多努力和推出新产品来维持营收,也许这可能只是一个短暂的影响,因为公司过去5年的营收都有增长,所以相信今年的营收只是一个短暂的回调。<br />(净资产RM0.52 本益比8.41 股息2sen(2019) 股东回酬 15.33%)<br /><br />志华机构(CWG 9423),是一间从事生产文具的公司。公司2019年3个季度业绩表现不太好,其营收下跌7.5%,而其税后盈利也下跌42.5%,至336万或每股盈利(9个月)2.67sen。公司今年本地和出口业务受到影响,因此销量下跌,收益也受到影响。公司在过往第3季度(单季)是属于淡季,因此销售和获利都会少,而今年却出现亏损,因此这拉低了公司全年的盈利。公司在2015年起成功把盈利推上700万,过后都维持600万范围内,今年受到全球经济放缓的影响,因此拉低了盈利,今年相信还是可以维持在盈利范围。今年的6-12月,即公司2020会计年度的首半年,如果营收和盈利都转差,那就不太妙了,希望公司在全球经济放缓的情况下可以突围!<br />(净资产RM0.66 本益比13.00 股息1.5sen(2018) 股东回酬 4.89%)<br /><br />XOX电讯(XOX 0165),是一间从事电讯服务公司。公司2019年9个月的业绩表现平平,其营收增加19%,而公司却还是要亏损,不过亏损减少了38.5%,至亏损103万,或每股亏损(9个月)0.11sen。公司的营收大幅度增加,不过却受运营成本增加和投资减值的影响以致公司不能转亏为盈。公司的经营有渐入佳境,其营收每个季度都出现稳健的增长,不过要运营电讯公司,资本的投资是不小的,又因为公司过去持续面对亏损,只能靠发行股票来筹资,因此近期公司有意要发附加股来筹集5462万,鉴于股价只有5sen,因此其发行量差不多是天文数字了,自然要冲淡原有股东的利益,小股东更是不用说!<br />(净资产RM0.112 本益比N/A 股息N/A 股东回酬 -4.73%)<br /><br />GDB控股(GDB 0198),是一间从事建筑项目的公司。公司2019年首个季度业绩表现平平,其营收减少20%,但其税后盈利却些微增加7%,至704万或每股盈利(3个月)1.13sen。公司由于工程进度较缓慢,因此影响了营收,但毛利率却增加,因此提高了毛利维持了盈利表现。公司现手上的工程高达6亿多,公司管理层对于下半年的建筑事业表示乐观,因为公司看到竞标活动有所增加,因此一旦获得的竞标项目增加,自然也就提高公司的营收和盈利<br />表现,与此同时,公司也打算收购打桩公司,让公司可以扩展其事业到打桩业务,因此相信公司未来的表现是可期的,也让公司可以尽快转至主板。<br />(净资产RM0.17 本益比4.53 股息2sen(2018) 股东回酬 26.65%)<br /><br />森化化工集团(SAMCHEM 5147),是一间从事化工生产公司。公司2019年首个季度业绩表现逊色,其营收下跌1%,其税后盈利也下跌38%,至551万或每股盈利(3个月)1.93sen。公司营收下跌因为销售价格下降所致,这也自然引起毛利率下跌,因此整体盈利大幅度减少。公司相信受到贸易战和全球经济放缓的影响,近两个季度的营收都在下降,未来相信营收还有可能近一步减少,不过化工产品销路是比较广的,因此下降幅度也可能不会太多,不过这因此影响了公司业绩表现,从公司对于未来看好着重在降低成本上,大慨略知一二。公司越南业务有希望上市,只要保持盈利和销售力,相信上市可能在明后年发生。<br />(净资产RM0.54 本益比8.75 股息3sen(2018) 股东回酬 12.59%)<br /><br /><br />杰冯科技(JFTECH 0146),是一间电子产品制造公司。公司2019年9个月的业绩表现逊色,其营收下跌5%,其税后盈利更是下跌8.5%,至397万或每股盈利(9个月)1.89sen。公司今年和大多数电子公司表现一样差,所幸公司还能够维持盈利状况。根据公司过去3个季度的营收看来,每个季度营收都在下跌,公司期望未来市场会好转,与此同时可以推出更多迎合市场的新产品,那么公司未来营收和盈利都会有逆转下跌趋势。公司最近宣布在美国侵权的案件已经解决,这虽然没带给公司什么好坏处,不过至少往后不再有额外的法律诉讼费,让公司减少支出。<br />(净资产RM0.152 本益比N/A 股息N/A 股东回酬 N/A)<br /><br />森工程(SAM 9822),是一间从事生产航空设备和硬碟驱动器材公司。公司2019年全年业绩表现亮眼,其营收增加22%,而其税后盈利也同时增加24%,达7851万或每股盈利58.09sen。公司2019年两大业务都有增长,再加上售地获得额外的盈利1500万,因此推高了公司全年营收。公司航空设备业务是替波音公司生产设备,近期公司有替737MAX生产航空设备,不过最近737MAX飞安问题闹了满城风雨,还被停飞,这可能短期影响公司未来的营收,也许公司硬碟驱动器材业务可以弥补这个空间,因为硬碟的需求量还是在稳健的成长。公司过去数年业绩都有稳健的增长,其股息的派发也相对的在增加,因此就算有业务放缓,相信都会只是短暂情况。<br />(净资产RM3.96 本益比13.94 股息29.05(2019) 股东回酬 14.67%)<br /><br />GSB集团(GSB 7077),是一间从事地产开发和光碟生产公司。公司2019年全年业绩再度面对亏损,其营收增加37%,但其税后亏损却增加27%,至亏损203万。公司对于业绩表现不佳并没有太多说明,只说受到新会计制度影响了表现。看回公司过往的记录,过去5年来都处在亏损状态,虽然都在1-2百万上下,这也显示公司表现向来不佳,在如此低迷的产业发展下,相信公司前路并不平坦。<br />(净资产RM0.17 本益比N/A 股息N/A 股东回酬 -3.66%)<br /><br />http://koonhoo.blogspot.com/2019/07/8-jul-19-jul-2019.html<br />Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-35452881656396956612019-07-17T09:04:00.000+08:002019-07-17T21:04:41.265+08:00大马家具出口美国可旺三年? 预测每年会有20%增长<br />
<a name='more'></a><br /><br />美中贸易战改变市场,大马家具业因此受惠,未来三年出口至美国的大马家具,预料可以每年取得20%成长,这对大马股票交易所的家具公司是好消息吗?<br /><br />马来西亚家具总会前主席蔡春才今日作出这项乐观预测,他表示,美中贸易战改变国际家具市场,美国买家已改变策略,直接向东南亚国家,包括马来西亚购买家具。<br /><br />蔡春才今日在一项记者会上,作出这项预测。<br /><br />大马股票交易所的家具股包括亿维雅(HEVEA 5095),家丽姿(HOERITZ 5160),利兴工业(LIIHEN 7089),堡发(POHUAT 7088),纬树(LATITUD 7006)和偉邁控股(WEGMANS 0197)等股,家具股在二零一五年曾迎来爆发,不过之後就逐渐回跌。<br /><br />根据大马外贸易发展局数据显示,今年一月至五月大马出口至美国的家具产品总值为15亿5000万令吉力比去年同期增长20.8%,整体家具出口则按年增长9.6%至41亿4000万令吉。<br /><br />蔡春才表示,他有信心每年20%的出口成长是可达到的数字,不过前提是家具业可以解决外劳短缺,原料不足,特别是橡胶木短缺问题。<br /><br />他指出,政府最近批准家具业引进20,000名外劳,应该可以解决该行业人手不足的问题。<br /><br />「当所有问题解决,大马可以在二零二一年达到出口120亿令吉家具的目标。」<br /><br />#HEVEA#LIIHEN#HOMERITZ#POHUAT#LATITUD#WEGMANS<br /><br />https://9shares.my/%e5%a4%a7%e9%a9%ac%e5%ae%b6%e5%85%b7%e5%87%ba%e5%8f%a3%e7%be%8e%e5%9b%bd%e5%8f%af%e6%97%ba%e4%b8%89%e5%b9%b4%ef%bc%9f-%e9%a2%84%e6%b5%8b%e6%af%8f%e5%b9%b4%e4%bc%9a%e6%9c%8920%e5%a2%9e%e9%95%bf/<br />Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-11999941450926178142019-07-15T19:04:00.000+08:002019-07-15T19:04:12.395+08:00新上市行使价低 HOMERIZ-WB极度价内/温世麟硕士<br />
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<span class="posted-on" style="border: 0px; box-sizing: border-box; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; outline: 0px; padding: 0px; user-select: initial !important; vertical-align: baseline;"><a href="https://www.enanyang.my/news/20190714/%e6%96%b0%e4%b8%8a%e5%b8%82%e8%a1%8c%e4%bd%bf%e4%bb%b7%e4%bd%8e-homeriz-wb%e6%9e%81%e5%ba%a6%e4%bb%b7%e5%86%85%e6%b8%a9%e4%b8%96%e9%ba%9f%e7%a1%95%e5%a3%ab/" rel="nofollow" style="background-color: transparent; border: 0px none; box-sizing: border-box; font-stretch: inherit; font-style: inherit; font-variant: inherit; font-weight: inherit; line-height: inherit; margin: 0px; outline: 0px none; padding: 0px; text-decoration-line: none; vertical-align: baseline;" target="_blank">2019年7月14日</a></span></time>
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家丽资机构(HOMERIZ,5160,主板消费股)的新凭单家丽资机构WB(HOMERIZ-WB),在上周二(7月9日)开始在大马交易所上市。该凭单是家丽资机构根据4股送1凭单的比例,派送给公司股东的。</div>
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HOMERIZ-WB上市首日以20.5仙开盘后波幅极大,并曾一度下跌至12.5仙,数天后有翻倍飙高至25仙。该凭单在上周五以20.5仙闭市。</div>
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受到新凭单上市影响的家丽资机构WA(HOMERIZ-WA),则在惨跌至4仙后,一度反弹至7.5仙,最终以5.5仙结束上周交易。家丽资机构母股则以69仙收市。</div>
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家丽资机构的主要业务,是设计、制造与出口高级软垫家具,是国内两家针对国际市场的中高级软垫家具制造商之一。</div>
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家丽资机构在2019年5月结束的2019财年首三季,获得1766万令吉的净利,比上个财年同期的1481万令吉净利,增长近19%。</div>
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该公司的营业额其实是下跌了10%至1亿1405万令吉。该公司在业绩报告表示,美元增强以及原料价钱下跌,是盈利增加的主要原因。</div>
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<img alt="" src="https://www.enanyang.my/wp-content/uploads/contentdir/image/296685/190715x1501_noresize.jpg" style="border-style: none; box-sizing: border-box; height: auto; max-width: 100%; user-select: initial !important; vertical-align: top; width: 600px;" /></div>
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<span style="box-sizing: border-box; font-weight: bolder; user-select: initial !important;">HOMERIZ-WA不宜长持</span></div>
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由于环球经济不明朗,该公司唯有专注开发新产品,重新设计现有产品以及积极减低费用。</div>
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新上市的HOMERIZ-WB,行使价低而使得该凭单极度价内。它无论在溢价或是引伸波幅,都优胜于HOMERIZ-WA。</div>
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不过,HOMERIZ-WA胜在价位够低,杠杆比例够高。若母股短期猛涨,不排除HOMERIZ-WA会有较好的回酬率。</div>
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不过,HOMERIZ-WA差不多一年后到期,不适合长持有。</div>
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<span style="box-sizing: border-box; font-weight: bolder; user-select: initial !important;">免责声明:</span></div>
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本栏纯属学术上或经验上的建议,读者若有兴趣投资,应该自行深入研究或询问股票经纪才决定,盈亏自负。我们鼓励通过正确的投资方式创造财富。</div>
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https://www.enanyang.my/news/20190714/新上市行使价低-homeriz-wb极度价内温世麟硕士/ Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-86044941206174346682019-07-10T15:28:00.001+08:002019-07-10T15:28:41.186+08:00《 简易基础分析:HOMERIZ (5160) 家丽资机构 》》<br />
<a name='more'></a> 家丽资机构 HOMERIZ 5160<br />
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-HOMERIZ是一家家具生产公司,以生产沙发,餐桌和床架为主<br />
-隨著政府將从7月1日起禁止树胶木(Rubberwood)出口, 本地家具股將从中受惠。该政策对本地家具业者有利,因为得以缓解本地树胶木供应短缺的窘境,从而舒缓家具业者所面临成本高涨的压力。<br />
-美元走挺对公司的盈利有帮助,因产品都以出口为主。<br />
-展望未来,管理层现在全球经济不明朗,以及生产成本高涨和外汇汇率波动的环境下运作,因此未来将专注核心家具设计、制造和销售业务。<br />
-2018年的营业额为1亿6千万,净利21mil,EPS 7仙. 2019财政年首9个月核心净利17.7mil.<br />
-公司手握7300万令吉的现金,占市值的39%,并且没有欠债。<br />
-管理层过去至今都属于慷慨派息,目前周息率为5.1%<br />
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风险<br />
-外汇的波动<br />
-原料成本增加<br />
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以上纯属分享,没有买卖建议。<br />
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https://klse.i3investor.com/blogs/StockBuddy/214507.jspUnknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-1101491309856481342019-07-10T11:00:00.002+08:002019-07-10T11:00:54.803+08:00【视频】HOMERIZ (5160) 家丽资机构 业务有垂直扩展潜能<br />
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<img alt="" src="http://www.enanyang.my/wp-content/uploads/contentdir/image/295714/buy.jpg" style="width: 600px;" /><br />
<b>目标价:71仙最新进展</b><br />
美元走强加上原料价格趋低,家丽资机构(HOMERIZ,5160,主板消费股)截至5月底第三季净利按年大起51.8%,至700万8000令吉,并宣布每股派息2仙。<br />
该公司当季录得3756万7000令吉营业额,比上财年同季的3984万3000令吉,微跌5.7%。<br />
累计首9个月,净利年增19.3%至1766万令吉;营业额则从1亿2628万5000令吉,下跌9.7%至1亿1404万8000令吉。<br />
<b>行家建议</b><br />
家丽资机构首9月核心盈利符合我们预期,按年上扬5%至1580万令吉,占全年预测的75.4%,因此维持财测不变。<br />
当季派发的股息也比预期高,上财年同季仅派发每股1仙股息,因此推高我们全年股息预测至每股3.5仙,相等于5.6%周息率。<br />
此外,管理层透露,主要专注的欧洲市场需求放缓且竞争剧烈;虽然公司目前有少量出口至美国,且销量有所增长,但仍不显著。<br />
不过,该公司没有债务,手持7300万令吉现金,所以我们预见未来业务垂直扩展的潜能;家丽资机构过去数年开拓生产链,为产品制造较小部件,如桌椅的木脚或钢脚。<br />
我们维持“买入”评级和71仙目标价,相等于2019财年本益比10倍。<br />
<img alt="" src="http://www.enanyang.my/wp-content/uploads/contentdir/image/295714/190710x1102_noresize.JPG" style="width: 600px;" /><br />
<iframe allowfullscreen="allowfullscreen" frameborder="0" height="394" src="https://www.youtube.com/embed/3galZHoJEAo" width="700"></iframe><br />
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分析:丰隆投行研究</div>
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分析:丰隆投行研究</div>
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分析:丰隆投行研究</div>
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分析:丰隆投行研究</div>
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分析:丰隆投行研究</div>
http://www.enanyang.my/news/20190709/家丽资机构-业务有垂直扩展潜能/Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-80505271879214289722019-05-15T09:39:00.001+08:002019-05-15T09:39:28.735+08:00好股没有好报 <br />
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<div dir="ltr">
<span style="font-size: medium;">你知道什么是好股吗?</span></div>
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<span style="font-size: medium;"><br /></span></div>
<span style="font-size: medium;">顾名思义,好股 = 好公司的股票。那么,怎样才算是好公司呢?不做太多的描述,直接看看以下的数字:</span><br />
<span style="font-size: medium;"><br /></span>
<span style="font-size: medium;">1)本益比(P/E)< 12</span><br />
<span style="font-size: medium;">2)股东资金回酬率(ROE)> 20</span><br />
<span style="font-size: medium;">3)债务权益比(D/E)= 0%(净现金)</span><br />
<span style="font-size: medium;">4)股息率 > 4%</span><br />
<span style="font-size: medium;"><br /></span>
<span style="font-size: medium;">从投资者的角度和基本面来看,上面的数据在在地显示了这间公司良好的财务状况。因此,可以算是一间好公司、一只好股吧!还以为捡到宝了,我在那时(2016年)就投入资金大量购买这只股票,从6月开始一直陆续地累积直到9月为止。最后,我买入的平均价格是大约RM0.90。</span><br />
<span style="font-size: medium;"><br /></span>
<span style="font-size: medium;">好了,用完资金后,接下来要做的就是耐心地等待股价上涨。</span><br />
<span style="font-size: medium;"><br /></span>
<span style="font-size: medium;">但是,等了又等,现在已经等了快3年。结果,股价表现是这样。。。。。。</span><br />
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<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFyjPEGXqijF3Bgu_00FY7EFGDzBVPdHL8LBrSwV1sXMw62b8uMmNOZaG7btVguLRc-dDlkUvMbF2mZ2LCi-ldaH_4LZDN9Ludf0Z4QRjGXQVKez4A1ASnpVvMvbLzU-j9IeBm/s1600/homeriz-price+chart.JPG" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="577" data-original-width="1096" height="210" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFyjPEGXqijF3Bgu_00FY7EFGDzBVPdHL8LBrSwV1sXMw62b8uMmNOZaG7btVguLRc-dDlkUvMbF2mZ2LCi-ldaH_4LZDN9Ludf0Z4QRjGXQVKez4A1ASnpVvMvbLzU-j9IeBm/s400/homeriz-price+chart.JPG" width="400" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">股价从2016年至现在2019年5月9日</td></tr>
</tbody></table>
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<span style="font-size: medium;">等出一个纸上亏损大约30%以上;然后资金被套住,不能做其他更好的投资。</span><br />
<span style="font-size: medium;"><br /></span>
<span style="font-size: medium;">回看的时候,我也蛮佩服我自己的耐性,竟然可以等待这么久而没有做任何的组合调整。</span><br />
<span style="font-size: medium;"><br /></span>
<span style="font-size: medium;">不止如此,翻看它目前的业绩及财务数据:</span><br />
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<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjM6nmmjbXmfRZKcK8jaPHolJ6cPhdHKQ6t-v2ImpSzyEZH6oxOVpwIC7DgFCqMJgQfqTt1cqk5lR4OGmrnR4BokO3E48OAjcpOGbr9T_HS5uAnQ9FDZWaOdPl5N1LykAvps_s/s1600/homeriz-revenue2.JPG" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="320" data-original-width="665" height="191" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjM6nmmjbXmfRZKcK8jaPHolJ6cPhdHKQ6t-v2ImpSzyEZH6oxOVpwIC7DgFCqMJgQfqTt1cqk5lR4OGmrnR4BokO3E48OAjcpOGbr9T_HS5uAnQ9FDZWaOdPl5N1LykAvps_s/s400/homeriz-revenue2.JPG" width="400" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">近5年的业绩报告</td></tr>
</tbody></table>
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<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9oV6Xix-vlSjSfHE-S6kmNb4REnsyriVbTagVp1ZdsHjDzWEHWjta18YHmCpWTVAyBM-kgQJmklL0XjyAN97fMYEkFQ0mIBEQLD9WxTnHubCL2HAGGPcukIpd7TiaV7cXuYGw/s1600/homeriz-fin+ratio.JPG" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="174" data-original-width="596" height="115" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9oV6Xix-vlSjSfHE-S6kmNb4REnsyriVbTagVp1ZdsHjDzWEHWjta18YHmCpWTVAyBM-kgQJmklL0XjyAN97fMYEkFQ0mIBEQLD9WxTnHubCL2HAGGPcukIpd7TiaV7cXuYGw/s400/homeriz-fin+ratio.JPG" width="400" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">最新(2019年5月9日)的一些财务比率数据</td></tr>
</tbody></table>
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<span style="font-size: medium;">这间公司的业绩和净利在2017年时取得近年最高,当时股价并没有跟着上升;后来的一年(2018),业绩与净利双双开始下滑,而股价也跟着潜水了。</span><br />
<span style="font-size: medium;"><br /></span>
<span style="font-size: medium;">最新的2个季度业绩,也看起来不会改善了。因此,股价更加不用说地处于低点。同时,还可以看到它的ROE也变差了。</span><br />
<span style="font-size: medium;"><br /></span>
<span style="font-size: medium;">目前,我还持有该股票。而且也没有期待这只个股近期会带来任何回报了。</span><br />
<span style="font-size: medium;"><br /></span>
<span style="font-size: medium;">哦,忘了说这只股票叫HOMERIZ。<br /><br />http://greedbminvest.blogspot.com/2019/05/blog-post_13.html</span>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-87807843776413544282019-05-01T16:56:00.001+08:002019-05-01T16:56:06.872+08:00 [HOMERIZ (5160) 家麗資機構HOMERITZ CORP BHD:面临全球经济不明朗因素,以及生产成本上升及汇率波动] - James的股票投资James Share Investing<br />
<a name='more'></a> [HOMERITZ CORP BHD:面临全球经济不明朗因素,以及生产成本上升及汇率波动]<br /><br />家丽资机构于二零一九年第二季度及1HFY2019的收入分别较上一财政年度同期减少0.2%及11.5%。这主要归因于销量下降。家丽资机构2019财年第二季度和2019财年上半年的PBT分别比上一财政年度同期增长59.6%和10%。<br /><br />家丽资机构Q2FY2019的收入和PBT分别比上一季度的Q1FY2019增长了11.9%和13.7%。收入增加主要归因于销量增加。 PBT较高的主要原因是本季度收入增加和美元走强。<br /><br />前景:<br />家丽资机构正面临全球经济不明朗因素,以及生产成本上升及汇率波动。家丽资机构将继续齐心协力开发新产品,为现有产品设计新设计,提升成本效益及有效控制成本。<br />-------------------------------------------------------------------<br />James Ng Stock Pick Performance:<br />Since Recommended Return:<br /><br />a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.38 (dividend RM0.015) in 8 months 17 days, total return is 95.1%<br /><br />b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.50 in 4 months 13 day, total return is 87.5%<br /><br />c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.37 in 9 months 26 day, total return is 72.3%<br /><br />d) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.38 in 4 months 7 days, total return is 43%<br /><br />e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.765 in 3 months 9 days, total return is 33%<br /><br />f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.40 (dividend RM0.0825) in 6 months 15 day, total return is 31.3%<br /><br />g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.11 in 3 months 27 days, total return is 30.6%<br /><br />h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.78 (dividends RM0.03) in 6 months 27 days, total return is 26.6%<br /><br />i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.39 (dividend RM0.035) in 5 months 11 day, total return is 12.2%<br /><br />j) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.18 (dividend RM0.061) in 9 months 1 day, total return is 7.1%<br /><br />k) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.11 in 3 months 9 days, total return is 6.7%<br /><br />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):<br /><br />预计公司每年的增长率必须> 14%<br /><br />我想说服读者学习基本面分析FA以便能从股市赚钱。<br /><br />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<br /><br />【看懂年报和季报】课程<br />时间:11a.m. – 7p.m<br /><br />日期:5月26日星期日<br />地点:Hotel Sri Petaling, KL (包括免费3份点心,茶和咖啡)<br /><br />日期:7月27日星期六<br />地点:Silka Johor Bahru Hotel, Johor Bahru (包括免费5份点心,茶和咖啡)<br /><br />日期:8月11日星期日<br />地点:AG Hotel Penang, George Town (包括免费4份点心,茶和咖啡)<br /><br />有兴趣的朋友,可以电邮或PM FB page联络我<br />email:jamesngshare@gmail.com<br />电话/Whatsapp : 011 - 15852043<br /><br />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 <br />https://web.facebook.com/jamesshareinvest/posts/2244298249170250 找到公司和选股文章以及视频。<br /><br />James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/<br /><br />James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp<br /><br />Facebook Group: https://www.facebook.com/groups/jamesinvesting<br /><br />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<br /><br />请大家来Follow James的Instagram,获取最新的资讯: https://www.instagram.com/p/Bw6B_FhACpb<br /><br />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。<br /><br />James Ng<br />--------------------------------<br />[HOMERITZ CORP BHD: operating in global economic uncertainties as well as facing increases in their production costs and fluctuation in foreign exchange rates]<br /><br />The Group’s revenue for Q2FY2019 and 1HFY2019 were reduced by 0.2% and 11.5% respectively compared with the corresponding period of the last financial year. This was mainly attributed to the decrease in volume sold. The Group’s PBT for Q2FY2019 and 1HFY2019 were increased 59.6% and 10% respectively compared with the corresponding period of the last financial year.<br /><br />The Group’s revenue and PBT for the Q2FY2019 increased by 11.9% and 13.7% respectively compared with the preceding quarter Q1FY2019. The increase in revenue was mainly attributed to the increase in the volume sold. The higher of PBT was mainly due to the higher revenue and strengthening of USD in the current quarter.<br /><br />Prospects:<br />The Group are operating in global economic uncertainties as well as facing increases in their production costs and fluctuation in foreign exchange rates. The Group are continuing with concerted efforts to develop new products, new design for existing products, derive better cost efficiencies and effective cost management across all functions.<br />--------------------------------------------------------------------------<br />James Ng Stock Pick Performance:<br />Since Recommended Return:<br /><br />a) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM1.38 (dividend RM0.015) in 8 months 17 days, total return is 95.1%<br /><br />b) GBGAQRS (GABUNGAN AQRS BHD), recommended on 16 Dec 18, initial price was RM0.80, rose to RM1.50 in 4 months 13 day, total return is 87.5%<br /><br />c) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM1.37 in 9 months 26 day, total return is 72.3%<br /><br />d) KGB (KELINGTON GROUP BHD), recommended on 23 Dec 18, initial price was RM0.965, rose to RM1.38 in 4 months 7 days, total return is 43%<br /><br />e) JAKS (JAKS RESOURCES BHD), recommended on 20 Jan 19, initial price was RM0.575, rose to RM0.765 in 3 months 9 days, total return is 33%<br /><br />f) BAUTO (BERMAZ AUTO BHD), recommended on 14 Oct 18, initial price was RM1.89, rose to RM2.40 (dividend RM0.0825) in 6 months 15 day, total return is 31.3%<br /><br />g) VIZIONE (VIZIONE HOLDINGS BHD), recommended on 30 Dec 18, initial price was RM0.85, rose to RM1.11 in 3 months 27 days, total return is 30.6%<br /><br />h) BJFOOD (BERJAYA FOOD BHD), recommended on 30 Sep 18, initial price was RM1.43, rose to RM1.78 (dividends RM0.03) in 6 months 27 days, total return is 26.6%<br /><br />i) ELKDESA (ELK-DESA RESOURCES BHD), recommended on 18 Nov 18, initial price was RM1.27, rose to RM1.39 (dividend RM0.035) in 5 months 11 day, total return is 12.2%<br /><br />j) SERBADK (SERBA DINAMIK HOLDINGS BHD), recommended on 29 Jul 18, initial price was RM3.96, rose to RM4.18 (dividend RM0.061) in 9 months 1 day, total return is 7.1%<br /><br />k) HSSEB (HSS ENGINEERS BHD), recommended on 20 Jan 19, initial price was RM1.04, rose to RM1.11 in 3 months 9 days, total return is 6.7%<br /><br />I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:<br /><br />the forecasted growth of a company must > 14% per year<br /><br />I wish to convince readers to learn FA in order to make money from stock market.<br /><br />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/<br /><br />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/2244298249170250 by date.<br /><br />James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/<br /><br />James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp<br /><br />Facebook Group: https://www.facebook.com/groups/jamesinvesting<br /><br />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.<br /><br />James Ng<br /><br />https://klse.i3investor.com/blogs/general/204679.jsp<br />Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-43344830578012182512019-04-28T21:01:00.003+08:002019-04-28T21:01:56.369+08:00HOMERIZ (5160) 家丽资机构4送1凭单<br />
<a name='more'></a>(吉隆坡27日讯)家丽资机构(HOMERIZ,5160,主板消费股)建议派送凭单,每持有4股,将获赠1张凭单。<br /><br />该公司昨天向交易所报备,为回馈股东,建议将派送最多8750张凭单,实际派送数量将依据公司股本而定。<br /><br />“除了回馈股东支持,派送凭单也可让股东有机会增加持股,同时享有公司未来增长潜能及资本升值,并进一步强化公司资本及股东基金。”<br /><br />文告指出,派送凭单现阶段并不会为家丽资机构筹措任何资金,仅有待股东未来行使凭单,才能供融资资本开销用途。<br /><br />若依据该公司每张凭单54仙行使价计算,在派送最多8750张凭单情况下,预计可筹获4725万令吉;派送最少7500万2500张凭单,料可筹得4050万1350令吉。<br /><br />派送凭单预计第三季完成。<br /><br />http://www.enanyang.myUnknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-49242811745486494562019-04-26T11:10:00.000+08:002019-04-26T11:10:08.806+08:00Technical Buy: HOMERIZ (5160)<br />
<a name='more'></a><br /><br />
<div class="margint30" id="blogcontent" itemprop="articleBody">
<img height="316" src="https://klse.i3investor.com/pub/blog/bl3/1_20190426100944.jpg" width="600" /><br />
<ul>
<li><b>Target Price:</b> RM0.700, RM0.750</li>
<li><b>Last closing price:</b> RM0.625</li>
<li><b>Potential return:</b> 12.0%, 20.0%</li>
<li><b>Support:</b> RM0.600</li>
<li><b>Stop Loss:</b> RM0.585</li>
</ul>
<b>Possible for bottom fishing. </b>HOMERIZ
is bottoming out from its consolidation phase. Improving RSI and MACD
indicators currently signal reasonable entry level, with anticipation of
continuous improvement in both momentum and trend in near term. Should
resistance level of RM0.650 be broken, it may continue to lift price
higher to subsequent resistance levels of RM0.700 and RM0.750.<br />
However, failure to hold on to support level of RM0.600 may indicate weakness in the share price and hence, a cut-loss signal.<br />
<div class="mtop10">
Source: <a href="https://klse.i3investor.com/servlets/staticfile/355441.jsp" target="_blank">PublicInvest Research</a> - 26 Apr 2019<br /><br />https://klse.i3investor.com/blogs/PublicInvest/204075.jsp</div>
</div>
Unknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-29561633709120389642019-04-14T12:21:00.001+08:002019-04-14T12:21:14.655+08:00Stock Review – HOMERITZ (5160) (HOMERITZ CORPORATION BERHAD) -2 <br />
<a name='more'></a><span style="font-family: "times new roman" , serif; font-size: 21.3333px;">Bursa Malaysia - <a href="http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=5160" target="_blank">5160</a></span><br />
<span style="font-family: "times new roman" , serif;"><span style="font-size: 21.3333px; line-height: 24.5333px;">Bloomberg - <a href="https://www.bloomberg.com/quote/HMCB:MK" target="_blank">HMCB:MK</a></span></span><br />
<span style="font-family: "times new roman" , serif;"><span style="font-size: 21.3333px; line-height: 24.5333px;">Yahoo - <a href="https://finance.yahoo.com/quote/5160.KL/" target="_blank">5160 .kl</a></span></span><br />
<span style="font-family: "times new roman" , serif;"><span style="font-size: 21.3333px; line-height: 24.5333px;">Webpage - </span></span><span style="font-family: "times new roman" , serif;"><span style="line-height: 24.5333px;"></span></span><a href="http://www.homeritzcorp.com/"><span style="font-size: medium;">http://www.homeritzcorp.com/</span></a><br />
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Company
Profile</span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></b></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">HOMERITZ engaged in the
design, manufacture and sale of upholstery furniture products in Malaysia.
HOMERITZ primary undertake Original Design Manufacturing (“ODM”) and Original
Equipment Manufacturing (“OEM”). HOMERITZ had its own brand which is “Eritz”.</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
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<u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">1) Geographical
Information</span></u></div>
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<u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></u></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">HOMERITZ is operated in
four major locations which are:</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
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<span style="font-size: 16pt; text-indent: -18pt;"><span style="font-family: Times New Roman, serif;">1) </span></span><span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">Asia and Oceania (Excluding Malaysia) – 60.01
% of 2018 revenue</span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 0px;">
<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">2) Americas and European Countries – 36.05
% of 2018 revenue</span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 0px;">
<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">3) Malaysia – 2.56 % of 2018 revenue</span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 0px;">
<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">4) Africa and Middle East – 1.37 % of 2018
revenue</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;"><br /></span></div>
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<u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">2) Major Customer</span></u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"></span></div>
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<u><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></u></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">HOMERITZ had three
major customer with revenue equal to or more than 10% of the Group revenue:</span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 0px;">
<span style="font-size: 16pt; text-indent: -18pt;"><span style="font-family: Times New Roman, serif;">1) </span></span><span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">Customer A – 14.05 % of 2018 revenue</span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 0px;">
<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">2) Customer B – 12.73 % of 2018 revenue</span></div>
<div class="MsoNormal" style="text-align: justify; text-indent: 0px;">
<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">3) Customer C – 11.78 % of 2018 revenue</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;"><br /></span></div>
<table border="0" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-insideh: none; mso-border-insidev: none; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
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<td style="padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">CONS:</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1; mso-yfti-lastrow: yes;">
<td style="padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoListParagraph" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span style="color: red; font-family: Wingdings; font-size: 16.0pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">è<span style="font: 7.0pt "Times New Roman";">
</span></span></span><span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">HOMRITZ had three major customers which
contributed 38.56 % of the 2018 revenue</span></div>
</td>
</tr>
</tbody></table>
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</div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Financial
Statement</span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></b></div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJ2GZNInkEHrKDjg0LbFy8Avgy8idQiXM6yxg5ENpj_uECiW1XbnztpdwG1d_04SzJm6EB5ZRxH_oySlZPid1KXUrM9sOCa4UjmwZ3cDbuyvCS9K7ySJYdMBvPU02Jp8h_7Lx8Gg/s1600/asset.JPG" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="539" data-original-width="832" height="414" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhJ2GZNInkEHrKDjg0LbFy8Avgy8idQiXM6yxg5ENpj_uECiW1XbnztpdwG1d_04SzJm6EB5ZRxH_oySlZPid1KXUrM9sOCa4UjmwZ3cDbuyvCS9K7ySJYdMBvPU02Jp8h_7Lx8Gg/s640/asset.JPG" width="640" /></a></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Trade receivables for
2018 had increase from RM 8,449,687 (2017) to RM 11,288,608 (2018) by RM
2,838,921 or 33.60 %. However the trade receivable pass due had significant
decrease from RM 403,660 (2017) to RM 1,949 (2018) 99.52 % decrease.</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<br />
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Ficed Deposit with
licensed banks had increase from RM 29,000,000 (2017) to RM 34,727,346 (2018),
19.75 % increase. Besides that interest rate range also increase from 3.70 % -
3.90 % (2017) to 3.50 % - 4.28 % (2018).</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<div class="MsoNormal" style="text-align: justify;">
</div>
<table border="0" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-insideh: none; mso-border-insidev: none; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="height: 19.35pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="height: 19.35pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: #4f6228; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: accent3; mso-themeshade: 128;">PROS:</span></div>
</td>
</tr>
<tr>
<td style="padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoListParagraphCxSpFirst" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span style="color: #4f6228; font-family: Wingdings; font-size: 16.0pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; mso-themecolor: accent3; mso-themeshade: 128;">è<span style="font-family: "Times New Roman"; font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal;"> </span></span><span style="color: #4f6228; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: accent3; mso-themeshade: 128;">Almost no trade receivable had
past due</span></div>
<div class="MsoListParagraphCxSpLast" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span style="color: #4f6228; font-family: Wingdings; font-size: 16.0pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; mso-themecolor: accent3; mso-themeshade: 128;">è<span style="font-family: "Times New Roman"; font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal;"> </span></span><span style="color: #4f6228; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: accent3; mso-themeshade: 128;">Interest range in licensed bank
increase to 3.50% - 4.28 %</span></div>
<div class="MsoListParagraphCxSpLast" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span style="color: #4f6228; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: accent3; mso-themeshade: 128;"><br /></span></div>
</td>
</tr>
<tr>
<td style="padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">CONS:</span></div>
</td>
</tr>
<tr>
<td style="padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoListParagraph" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span style="color: red; font-family: Wingdings; font-size: 16.0pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;">è<span style="font-family: "Times New Roman"; font-size: 7pt; font-stretch: normal; font-variant-east-asian: normal; font-variant-numeric: normal; line-height: normal;">
</span></span><span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">Significant drop (99.52 %) of the trade
receivable had past due</span></div>
<div class="MsoListParagraph" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;"><br /></span></div>
</td>
</tr>
</tbody></table>
<br />
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc9nbjR6F9Du1xzSPrmnVD_jtOe5jm7VVFchrS3VcxU_bJa2_Wth0gEIjVpzqWl0-7Z7Gx4bLle65HaRpMyPdOiQOri3lD4_J9c_YQsoXbrp0SPF5C2TE0Kf6aFc-YHs8Hsr_SZw/s1600/liability.JPG" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="342" data-original-width="817" height="266" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc9nbjR6F9Du1xzSPrmnVD_jtOe5jm7VVFchrS3VcxU_bJa2_Wth0gEIjVpzqWl0-7Z7Gx4bLle65HaRpMyPdOiQOri3lD4_J9c_YQsoXbrp0SPF5C2TE0Kf6aFc-YHs8Hsr_SZw/s640/liability.JPG" width="640" /></a></div>
<br />
<br />
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">There is an increase in
trade payable from RM 4,254,285 (2017) to RM 7,148,471 (2018), 68.03 %
increase.</span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<table border="0" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-insideh: none; mso-border-insidev: none; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">CONS:</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1; mso-yfti-lastrow: yes;">
<td style="padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoListParagraph" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span style="color: red; font-family: Wingdings; font-size: 16.0pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings;"><span style="mso-list: Ignore;">è<span style="font: 7.0pt "Times New Roman";">
</span></span></span><span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">68.03 % increase in trade payables
account.</span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal" style="text-align: justify;">
</div>
<div class="MsoNormal" style="text-align: justify;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Financial
Ratio</span></b></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 203.85pt;" valign="top" width="272">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Description</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.05pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2018</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">2017</span></b></div>
</td>
<td style="border-left: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Different</span></b></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 203.85pt;" valign="top" width="272">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Gross
Profit Margin</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.05pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.44</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.48</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-0.04</span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 2;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 203.85pt;" valign="top" width="272">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Net
Profit Margin</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.05pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.13</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.18</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">-0.05</span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 3;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 203.85pt;" valign="top" width="272">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Interest
Coverage Ratio</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.05pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">N/A</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">N/A</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">N/A</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 4; mso-yfti-lastrow: yes;">
<td style="border-top: none; border: solid windowtext 1.0pt; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 203.85pt;" valign="top" width="272">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">Effective
Tax</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.05pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.23</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;">0.21</span></div>
</td>
<td style="border-bottom: solid windowtext 1.0pt; border-left: none; border-right: solid windowtext 1.0pt; border-top: none; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 86.1pt;" valign="top" width="115">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: red; font-family: "Times New Roman","serif"; font-size: 16.0pt;">+0.27</span><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt;"></span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal" style="text-align: justify;">
</div>
<div class="MsoNormal" style="text-align: justify;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Warrant</span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">At 5 December 2018
HOMERITZ had 49,990,000 warrants unexercised with the exercised price of the warrants
to be RM 0.92 which are higher than stock price, RM 0.595 on 12/4/2019.</span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<table border="0" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-insideh: none; mso-border-insidev: none; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
<tbody>
<tr style="height: 19.35pt; mso-yfti-firstrow: yes; mso-yfti-irow: 0;">
<td style="height: 19.35pt; padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; text-align: justify;">
<span style="color: #4f6228; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: accent3; mso-themeshade: 128;">PROS:</span></div>
</td>
</tr>
<tr style="mso-yfti-irow: 1; mso-yfti-lastrow: yes;">
<td style="padding: 0cm 5.4pt 0cm 5.4pt; width: 462.1pt;" valign="top" width="616">
<div class="MsoListParagraph" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0cm; mso-add-space: auto; mso-list: l0 level1 lfo1; text-align: justify; text-indent: -18.0pt;">
<span style="color: #4f6228; font-family: Wingdings; font-size: 16.0pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; mso-themecolor: accent3; mso-themeshade: 128;"><span style="mso-list: Ignore;">è<span style="font: 7.0pt "Times New Roman";"> </span></span></span><span style="color: #4f6228; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: accent3; mso-themeshade: 128;">The Warrant is out of money hence
does not consider in the stock price</span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal" style="text-align: justify;">
</div>
<div class="MsoNormal" style="text-align: justify;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Dividend
and Bonus Issued for the past five year</span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></b></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">HOMERITZ had constant
dividend for the past five year from 2014 – 2018 with the average dividend of RM
0.0402 included adjustment of bonus issued 1:2 on 3 July 2015 with the dividend
yield of 6.76% base on HOMERITZ stock price of RM 0.595 on 12/4/2019. </span></div>
<div class="MsoNormal" style="text-align: justify;">
<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><br /></span></div>
<table border="0" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-collapse: collapse; border: none; mso-border-insideh: none; mso-border-insidev: none; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt; mso-yfti-tbllook: 1184;">
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<span style="color: #4f6228; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: accent3; mso-themeshade: 128;">PROS:</span></div>
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<span style="color: #4f6228; font-family: Wingdings; font-size: 16.0pt; mso-bidi-font-family: Wingdings; mso-fareast-font-family: Wingdings; mso-themecolor: accent3; mso-themeshade: 128;"><span style="mso-list: Ignore;">è<span style="font: 7.0pt "Times New Roman";"> </span></span></span><span style="color: #4f6228; font-family: "Times New Roman","serif"; font-size: 16.0pt; mso-themecolor: accent3; mso-themeshade: 128;">HOMERITZ had dividend yield of
6.76% for the past five year which is higher than fixed deposit 3.15%.</span></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Market
Research</span></b></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;"><a href="https://drive.google.com/open?id=1HdM43y8NCkB1qYHfLw4hMOtvd60I9PsS" target="_blank">HongLeong InvestmentBank</a> (24 January 2019)</span></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Price Target : RM 0.82</span></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Estimated
Price</span></b></div>
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<span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">IVKLS Price : RM 0.66</span></div>
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<b style="mso-bidi-font-weight: normal;"><span style="font-family: "Times New Roman","serif"; font-size: 16.0pt; line-height: 115%;">Peers</span></b></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">1) </span><span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;"><a href="http://ivkls.blogspot.com/2017/09/stock-review-liihen-7089-liihen.html" target="_blank">LIIHEN</a></span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">2) LATITUD</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">3) POHUAT</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">4) WEGMAS</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">5) SYF</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">6) JAYCORP</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">7) SWCAP</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">8) DPS</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">9) HHGROUP</span></div>
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<span style="font-family: "Times New Roman", serif; font-size: 16pt; text-indent: -18pt;">10) SHH</span></div>
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<b style="font-family: "times new roman", serif; font-size: 21.3333px; line-height: 24.5333px;"><a href="http://ivkls.blogspot.my/p/summary-of-stock-review.html">Summary of Stock Reviews</a></b></div>
<br /><br />https://ivkls.blogspot.com/2019/04/stock-review-homeritz-5160-homeritz.htmlUnknownnoreply@blogger.comtag:blogger.com,1999:blog-25058915.post-18459681589339879232019-01-27T10:42:00.004+08:002019-01-27T10:42:59.058+08:00AGM游记 | Homeriz (23.1.2019) <br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3j0zXeM_6_muuMqv1VfABSntW4B1pXGjfxRmWHbk9qtnVb3SMLxfyFKRfmCPqCwnCOCSah0YGyWHMkbF-jcXBtXY4YCp2z2uH_UqYho_lFRIFcIFoblNnqIAA7V5C9M_s0vRQ/s1600/IMG_20190123_110719.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="657" data-original-width="876" height="300" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi3j0zXeM_6_muuMqv1VfABSntW4B1pXGjfxRmWHbk9qtnVb3SMLxfyFKRfmCPqCwnCOCSah0YGyWHMkbF-jcXBtXY4YCp2z2uH_UqYho_lFRIFcIFoblNnqIAA7V5C9M_s0vRQ/s400/IMG_20190123_110719.jpg" width="400" /></a></div>
星期三带我妈妈一起去了Homeriz在麻坡的股东大会,股东出席人数稀少因此场面冷清,以下是股东询问管理层的一些重点:<br />
<ol>
<li>公司的外劳主要来自尼泊尔、缅甸和孟加拉,目前他们正处理外劳引进以加强人手</li>
<li>公司正积极添购自动化机械以提升生产效率和减少倚重人力</li>
<li>管理层预计今年的资本开销和去年一样为1000万以添购新机械</li>
<li>目前公司的产能使用率为80%,有足够产能来应付更多顾客订单</li>
<li>公司产品的最大成本并非橡胶木而是皮革</li>
<li>公司的销售和采购分别有97%和60%是以美元计算,因此管理层采取对冲策略以降低外汇风险</li>
<li>去年12月刚成立的两间新子公司 - Homeours Sdn Bhd和Home Newcastle Sdn Bhd会是公司未来计划的一部分 (管理层没有进一步透露详情)</li>
<li>管理层表示公司积极参与国内外的家具展览以推销公司产品和品牌,如接下来的三月会出现在吉隆坡和中国广州的展览活动</li>
<li>截至FY2018为止公司手握6490万现金,管理层表示倾向保留资金以作日后发展 (暗示不排除企业并购的可能性)</li>
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<u>总结:</u></div>
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公司并没有给手礼,有点小失望。管理层精于营运,不过显然不擅长应对像AGM这样的正式场合,大概也是他们很少与分析员会面的原因吧。<br /><br />http://investalone.blogspot.com/2019/01/agm-homeriz-2312019.html</div>
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Unknownnoreply@blogger.com