Showing posts with label financialreport. Show all posts
Showing posts with label financialreport. Show all posts

Thursday, 7 May 2020

NESTLE Latest Quarter Financial Report


Today let's have a look at the latest financial report of NESTLE which was released few days ago.

 At the first look,
I don't feel anything when there was a 1.3% dropped in revenue.

 HOWEVER,
I was shocked that the profit decreased so much:

We can see that the rising Cost of sales and Operating expenses were the two main factors causing the profit to be reduced.

 The local sales dropped by 3.4%,
but the export sales increased by 8.8% which surprised me:

The local sales dropped because of earlier timing of Chinese New Year,
and the Out of Home Business which a lot of restaurants, coffee shops, mamaks all closed during MCO period.

 The management also mentioned that in order to protect the safety of employees,
more PPE were bought and causing the Operational expenses to rise:

The company also contributed to some relief efforts and caused the expense to increase,
and the effect of relief efforts will continue until the next quarter.

 I became more aware after reading this.

 Currently,
there are some super high PE companies in the shares market,
because everyone expected that those companies will achieve super high profit due to COVID-19 outbreak.

 HOWEVER,
will those companies also contributing to a lot of relief efforts,
for example kept donating its own products,
and caused the profit to be lower than everyone expecting?

 Of course,
this is just my speculation based on imagination.

 Together with the profit dropped,
the management also released some good news.

 The CAPEX investment will be the highest since last 6 years,
around RM280 million.

 It will be used to expand the capacity of MAGGI noodle production,
and also a latest production line in Shah Alam in preparation for entry into a new high growth category with great future potential:










That's all for the important points of latest financial report,
if you feel like something is lacking,
feel free to go to BURSA website to download and read it.

 NESTLE products always getting a lot of loves from Malaysian people,
as the shareholder,
we always feel happy when seeing that people buying NESTLE products while shopping at supermarket.

 HOWEVER,
being one of the most popular F&B company in Malaysia,
it also must bear with the social commitment and contribute in relief efforts,
which caused the expenses to rise.

 Together with the impact of COVID-19 outbreak and causing the operating cost to be rising,
as the shareholder,
we will worry too.

 Investing at NESTLE now will make us happy and worry the same time,
so it depends on your own decision to invest at it or not.

 Investment is always 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 year 2018
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Tuesday, 14 April 2020

AEONCR Latest Quarter Financial Report


Originally I wanted to write an article titled <<During the pandemic.......>>,
however I wasn't able to write down anything after squeezing my brain to the fullest.

 THUS,
I decided to just write about the latest quarter financial report of AEONCR which was released few days ago.

 First,
let's look at the financial result:

The revenue grew but so did the interest expense,
thus the quarter profit was only slightly better than the 4th quarter last year.

 Good news is that the NPL ratio dropped from 2.04% to 1.92%:

The ratio of total operating expense against revenue also dropped from 62.3% to 60.4%:

The funding cost increased accordingly to the growth of receivables.

 The impact of COVID-19 pandemic also being mentioned:

Basically only the self-service terminals,
online application and online payment still functioning now.

 Prospects for current year:

Lastly,
the final dividend:

Only 14.00 sen per share,
less than the 22.35 sen per share last year....

 Well,
atleast the company still willing to distribute dividend~

 That's all for the important points of latest financial report,
if you feel like something is lacking,
feel free to go to BURSA website to download and read it.

 The shares price of AEONCR dropped from RM14.14 until now below RM9,
the main reason of my negative return currently.

 Is it worthy to invest at AEONCR now?

 I DON'T KNOW.

 The current pandemic is huge and causing a lot of damages to the economic,
which no one had ever experienced before,
so is hard to predict what will happen next.

 At first,
I predicted that it will just be like SARS last time,
it won't affect more than millions people.

 At the end?

 My SARS experience resulted a punch on my face.

  Anyway,
investment is very personal,
and you should think by yourself,
make your own decision.

 Well,
if you want to follow the advice from some so called investment master also can.

 Some investment masters said that the market will drop more,
some said will rise,
some said the situation still unclear thus only a small fluctuation on the shares price.

 The three outcomes listed above,
one of it will definitely come true.

 Since there are so many investment masters out there,
your chance of following an advice correctly is 1/3 ~~~

 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 year 2018



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Saturday, 21 March 2020

TOPGLOV Latest Quarter Financial Report


For the past few days which the shares market kept dropping,
I wanted to write article to express my feelings and opinion,
however,
the situation kept changing everyday,
the contents that I wanted to write became totally useless at the next day.

 At this timing,
TOPGLOV released the latest quarter financial report,
so I will write about it then.

 Anyway,
I will also write down a bit of my current shares investment at the end of this article.

 From December 2019 until February 2020,
here is the financial result of TOPGLOV:

Basically having improvement in all aspects,
and the Profit after tax improved significantly.

 This is because of the tax incentives and unutilised tax allowance which mentioned here:

Also,
let's look at the comparison with previous quarter:

The Sales Volume only grew by 1.7%....

 This was during the period when Covid-19 condition is serious at China,
so seems like the glove sales to China wasn't that much.......

 If look at the geographical segment of Sales Volume at year 2019:






Totally only 22% were from Asia...

 According to what was mentioned below,
that time the sales order came from China, Hong Kong, Singapore and South Korea,
so no wonder only rose by 1.7%:


Only until recent weeks,
Europe, US and other countries which were eating popcorn and enjoyed watching how China fighting with the virus,
suddenly realized that the virus only came to their homeland,
then only they ordered more gloves.

 We only able to know how much the increased Sales Volume will be from the next quarter report.

 The current utilisation levels already above 90%,
with the new capacity from F2B and F5A,
that's all the new capacity the company can provide at this crucial period:


It was also mentioned that the interest costs will be reduced significantly :

Sounds like a good news!

 The current year prospect:

The management is positive about the future of the company.

 Yeah right,
we all know it too,
that's why the shares price of glove companies didn't drop recently.

 That's all for the important points of latest financial report,
if you feel like something is lacking,
feel free to go to BURSA website to download and read it.

 Due to the Covid-19 outbreak,
it seems like a good time for glove industry.

 However the PE of the glove companies are quite high now,
at this moment when the shares market is very volatile and highly affected by the outbreak,
will you feel comfortable by investing at glove companies?

 Investment is about doing own thinking, making own decision.

 AS FOR MY INVESTMENT.............

 Since recent sharp drop is because of the Covid-19 cases,
and seems like it is nowhere getting better in Malaysia,
even the whole world.

 THUS,
I sold most of my shares,
the debt amount of my SMF account already dropped from 6 figures to 4 figures only,
yeah I am at very low debt level now.

 By here I would like to talk about "SOCIAL DISTANCE" too.

 Few days ago I went to hospital for my surgery wound,
when I was at the entrance,
I saw a man and a woman were blocking at the entrance while talking to a hospital staff there.

 Usually,
I will just go behind them to line up and wait for my turn.

 However since the rising COVID-19 cases,
I decided to have "SOCIAL DISTANCE",
so instead of standing near them,
I chose to stand aside far way and wait.

 Next moment,
a security guard came and lead the man and the woman to a tent which built outside of hospital for a check-up,
then I heard the hospital staff said that they went to Germany before.

 Wow............
Luckily I kept the SOCIAL DISTANCE.

 Well of course,
they might not be infected with Covid-19,
but at least I kept a distance so I don't need to worry that much now.

 SO....
Everyone please keep SOCIAL DISTANCE from others,
because you will never know that the people who is very near with you,
and looked very healthy,
might be a carrier of Covid-19!

 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

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Monday, 9 March 2020

AEON Latest Quarter Financial Report


It has been a long time since I updated the blog,
so I will start with warming up by writing a simple article about quarter financial report.

 As what stated on the topic,
this time let's have a look at the latest quarter financial report of AEON:

 Looks like the profit from operations improved a lot, right?

 But please don't forget that the financial result of year 2019 is using the latest accounting standard,
thus:

At the end the profit for the 4th quarter was actually less than the same quarter at year 2018.........

 AEON has two business segments which are Retail Business and Property Management Services.

 The revenue for Retail Business improved by 4.5%:

The revenue for Property Management Services grew by 2.8%.

 The management also mentioned that besides the MFRS 16 impact,
the profit for Retail Business actually improved a lot:

HOWEVER,
if without the impact of MFRS 16,
the result of Property Management Services is actually worse:

So MFRS 16 has its own pro and cons.

 The current year prospects:

 Mainly is the concern of  Covid-19 outbreak which might impact the economy.

 Lastly,
the lovely dividend:

4 sen per share,
same like previous year.

 That's all for the important points of latest financial report,
if you feel like something is lacking,
feel free to go to BURSA website to download and read it

 As for the outbreak of Covid-19,
people will be rushing to buy and accumulate necessary things,
which is good for the retail industry in short term.
However if the outbreak is long,
then it will definitely impact the economy and bad for the retail indudstry.

 Now we can only hope that the Covid-19 will be gone as soon as possible.

 That's all for my warming up article,
next time I might write about the surgery which I went through last month,
or maybe not,
depends on my mood~

 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

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Tuesday, 24 December 2019

ALLIANZ Latest Annual Report & Quarter Report


Today let's have a look at another famous insurance company:


First of all,
let's read the past 5 years performance:

The growth looked okay only,
but there is surprise at the profit:

Even the dividend also came with a surprise:

The insurance business of the company can be divided into two main segment:


The General Insurance and the Life Insurance.

 Let's look at the performance of General Insurance segment first:

The reduction of GWP was because of the expiration with CIMB bancassurance partnership,
but the company still able to grow the profit.

According to above,
the company is the market leader of General Insurance,
the market shares is 11.8%.

 If excluding the CIMB bancassurance partnership,
the GWP grew by 6.7% actually.

 Among that,
Motor insurance consists of 63.4%:

Also,
the profit looked like increased a lot was because there was an one off impact of impairment at the year before.

 Next,
let's look at the Life Insurance segment:
The growth seems not bad.

According to above,
the market shares is 8.4%.

 For the year ahead:
The PROFITABLE GROWTH really captured my heart~~~
Especially this year the companies I invested all had growth but decreased profit...........

 So did the company did as what they said?

 Let's read the latest quarter financial report:

The growth looks okay.
Let's continue:
Lastly,
the profit:

The profit improved a lot,
profitable growth as what the management mentioned in the annual report.

 The current year prospect:

The general insurance industry growth remains weak,
as for life insurance industry:

It was mentioned that the growth rate of life insurance will be soften for the last quarter of 2019.

 That's all for the important points of latest annual report and quarter report,
if you feel like something is lacking,
feel free to go to BURSA website to download and read it.

 As for is it worthy to invest at ALLIANZ?

 Like what I said before,
it depends on what will happen after applying the new MFRS17 accounting standard at year 2021.

 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
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Tuesday, 3 December 2019

ELKDESA Latest Annual Report & Quarter Report


Since the companies in my portfolio is not performing lately,
so I decided to open my eyes for other companies,
and today I would like to write about this company:

Maybe some of you don't know about this company,
so I will do a brief introduction.

 The company is involved in hire purchase financing for used motor vehicles,
and selling general insurance policies as an insurance agent.

 Well,
basically the company is providing loan for buyers of used motor vehicles and at the same time selling insurance to the buyers~

 The company also involved at business of trading and wholesaling of home furniture:

Next,
let's have a look at the past 5 years financial record:

The revenue and profit rose every year,
why now only I saw this company.................

 The company also quite generous of the dividend:

The NPL ratio also decreased year by year:

The company mainly involved in small value financing:

The insurance products sold by the company are mainly from Tokio Marine and Berjaya Sompo.

 The hire purchase financing contributing 98% of the profit:

Which meant that the furniture business is still a very very small business.

 The company currently have 195 employees:

The company relies on broad hirer base as a strategy to reduce its credit risk.

 The company has hirer base of approximately 38,500 individuals,
and the net hire purchase receivables per hirer is around RM13,000:

For the past two years,
the company increased the maximum loan size to RM35,000 to include a larger range of popular vehicle models.

 The management is feeling positive at the future of the company:

The management think that their niche in used-car segment remains underserved,
and the market share is still small.

 The management is confident that next year will be better:
So is it really better?
Did the management achieved a better result like what they said?

 Let's look at the latest quarter financial report:

For the past 6 months,
the revenue grew by 20% while the profit grew by 13%.

 The management did what they said~

 That's all for the important points of latest annual report and quarter report,
if you feel like something is lacking,
feel free to go to BURSA website to download and read it.

 The continuing growth of business and the generous dividend,
are what I found attractive from ELKDESA.

 HOWEVER,
after investing at AEONCR for few years,
I realized that the market don't like companies that involving in financing business,
so we can't expect that the market will suddenly reward high PE.

 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

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