1. Will recognized disposal gain 2. Profit margin expansion on cement due to increase cement selling price by another 5% to RM 305/ton 3. Decrease feedstock thermal coal cost by 15% 4. Weakness input cost at USD denominated currency by 8%
Coal price tumbling 25% in single day from USD 350 to USD 262. Coal price have decrease from Q3 USD 450 till now at USD 262. Coal is major feedstock for cement production, form nearly 50% of cement manufacture cost.
Significant decrease in feed cost + strengthen RM vs USD will boost CMSB profit margin significantly as selling price remain elevated and CMSB is sole cement manufacture in Sarawak.
how OTB & Koon operate is : step 1: they buy for themselves step 2: after they bought enough, they tell their close friends & relatives to buy step 3: after they close friends & relatives bought, they tell their subscribers to buy step 4: after they tell their subscribers to buy, they tell the public eg. i3 to buy
now already step 4 since we all in i3 know. meaning their friends & relatives already bought! their subscribers already bought! now only waiting for i3 uncles aunties pakcik makcik to push up
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....
hng33
20,488 posts
Posted by hng33 > 2023-01-18 11:45 | Report Abuse
Added balance at 1.15