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5 comment(s). Last comment by calvintaneng 2020-06-22 13:27
Posted by calvintaneng > 2020-06-21 07:42 | Report Abuse
Good morning abang_misai
Calvin knows you missed your ex-banker friend icon8888. We all missed him
I hope you do well
As for tipu or not it is up to all fellow i3 forumers to decide. Only time will tell what I posted is true or fake
Posted by calvintaneng > 2020-06-22 12:05 | Report Abuse
Go go power ranger
Posted by calvintaneng > 2020-06-22 13:27 | Report Abuse
Some facts about Bauxite mining
After 34 contractors were banned for indiscriminate mining new guidelines stated that to qualify for new licence they must have 20 hectares to qualify
See
One of the rules is
"Under these strict regulations, the minimum conditions for mining lease or proprietary mining lease application must be at least 20ha, whether it be an individual lot or a combination of neighbouring lots.
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-06-19...
How many acres is 20 hecatares
Just multiply 20 by 2.471 = 49.4 ACRES
Mostly small time players how many got 49 ACRES?
So can expect WZSATU (Pahang Royalty owned) and Agong got lots of lands alone in Kota SAS is 363 hectares or 896 Acres!!! And so many many other plantation lands which got bauxite ores
See
https://www.bursamalaysia.com/market_information/announcements/company...
Now Pahang Govt has limited Bauxite export to 600,000 tonnes
Market price per ton of bauxite is from USD150 (RM600 per ton lowest)
What is the current price of bauxite?
The majority of suppliers give an average price of $ 150 - 500 per ton of bauxite ore. The minimum order starts with 1 ton. The ore is supplied in lumps and fines depending on your needs and packed in bags
https://www.google.com/search?q=bauxite+price+per+ton+2019&oq=baux...-8
If WZSATU jusy secure 1/3 or 200,000 tonnes it will be
RM600 x 200,000 = Rm120 Millions Gross Profit
That will spike up the share of WZSATU BACK TO ITS FORMER GLORY DAYS OF 2014 & 2015 BEFORE BAUXITE MINING WAS HALTED
This is now THE CHUN CHUN TIME TO BUY WZSATU AND HOLD UNTIL RESULTS & EARNINGS ARE VISIBLE AGAIN
ONCE PEOPLE STARTS TO KNOW THAT MALAYSIA REGAINS ITS TOP POSITION AS WORLD NUMBER ONE EXPORTER OF BAUXITE (ALUMINIUM) IN THE WORLD
AND WZSATU IS THE BEST CHAMPION LIKE TOPGLOVE IS TO EXAM GLOVES PRICES OF WZSATU WILL HAVE MORE THAN DOUBLED!
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
calvintaneng
56,542 posts
Posted by calvintaneng > 2020-06-20 23:22 | Report Abuse
https://www.straitstimes.com/asia/se-asia/malaysia-gives-green-light-for-construction-to-resume-on-east-coast-rail-link