The investment return of my portfolio for this year is very bad,
a negative return.
Mainly because all the companies I investing didn't achieve good financial result this year,
thus I started to feel the pressure again of not earning any money through investment after almost 5 years.
As a result,
I decided to open my eyes and look around,
to see is there any other company which is worthy to invest.
The first company I looked at,
is AJINOMOTO and the latest financial result:
Not bad,
the revenue and profit both showed improvement.
Aiks.........
If only any of the companies I investing showed these same improvement as AJINOMOTO.............
Next,
let's look at the regional sales:
The revenue for Malaysia dropped,
but Middle East and other Asian countries covered it up.
Next,
the comments by management:
The management mentioned that the higher revenue was mostly contributed by Industrial Business segment,
which benefited from higher sales volume and strong US Dollar against Ringgit Malaysia.
Another reason of higher profit is the reduced cost of a key raw material.
Lastly,
The management is worried about the uncertainties in global economic and the trade war between USA and China.
Apart from that,
domestic consumer spending and volatility in foreign exchange rates will affect the performance of company.
That's all for the important points of this quarter report,
if you feel like something is lacking,
feel free to go to BURSA website to download and read it.
Also,
I will put up some information of AJINOMOTO products here,
first are the retail products:
Those are the products which we usually seen at local market,
a new product called RASA SIFU was launched this year.
Next,
the industrial products:
The company launched new TENCHO product for dairy industry.
As for this year,
AJINOMOTO also purchased a land at Negeri Sembilan to build new plant.
I still remember that last time the shares price of AJINOMOTO rose to more than RM20 because of a special dividend,
now the shares price is below RM16,
is it worthy to invest?
Investment is about doing own thinking, making own decision.
Thanks for reading.
I don't provide any buying/selling suggestion above,
please make your own investment decision and be responsible with it.
List of articles of year 2018
