Mcement up 10.3% today.. confirm cement ASP up boost big revenue & profit to Msia cement companies. The biggest volume is Mcement, consist 68% total Msia cement output.
Hope Scomi Oilfield Ltd (Scomi Oilfield) will contribute to cmsb profit. Energy stocks are the winner of high crude oil price .Hope able to double up the price due to good business prospect. (cement ,construction, 5G......)
cmsb very good company, but problem is too many sharks already inside other sharks know this, fund managers know this, they wont push up for the sharks already inside
CMSB have strong fundamental. Coming Q result will record gain on disposal and turning company into NET CASH position. As sole cement maker, it benefit directly to big infrastructure spending both in Sabah and Sarawak. Big saving from recent major feedstock coal downfall price allowing CMSB cement to boosts up profit margin significantly The upcoming new yellow phosphate plant is new profit generating division to replace earlier disposal associate OM.
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....
charlie chia
2,151 posts
Posted by charlie chia > 2023-02-07 13:53 | Report Abuse
As reported in Star today
2nd phase of Pan Borneo Highway going to start soon,
Hope will spur up this counter