Meanwhile, its cement and construction materials businesses are key beneficiaries of the growing construction activities driven by the upcoming Sarawak state election, Pan Borneo Highway works and 11MP. Maintain BUY. Our MYR5.00 SOP-TP is under review pending completion of its acquisition of Sacofa S/B.
taken from above link,,looks like will be upgraded soon maybe new target price
A VERY GOOD MORNING FROM CALVIN TAN OF JURONG WEST IN SINGAPORE
INVESTMENT LESSON FROM THE BOOK OF PSALMS CHAPTER ONE VERSE THREE A
"And he shall be like a tree planted by the rivers of water, that brings forth his fruit in his season;
Calvin comments on Psalm 1:3a
1) TREES PLANTED BY THE RIVERS OF WATER
In the Nation of Israel Lands are Semi Arid by Nature. As there is none or little natural rainfall you don't see vegetation like Malaysia where you have the monsoon & inter monsoonal rains.
So in Israel as in most of Middle East you see desert shrubs and stunted growth due to lack of water. But NEAR RIVERS ARE HEALTHY & TALL TREES. Why?
BECAUSE OF WATER!! And What Does Water Signifies? It is a type of wealth or money. So Those Trees that are Planted or Positioned Near Rivers (Waters) Are Tall & Healthy!
2) THAT BRINGS FORTH HIS FRUIT IN HIS SEASON
As we know there are seasons for flowering & fruiting. The "beautiful sakura flowering season in Japan" is just over. And in Malaysia as we approach the hottest month of May - June we are now expecting a Nice Durian Harvest.
What are the Interpretations? And Applications?
CMSB is Well Positioned in The Growing Region of Sabah & Sarawak. It is the Sole Monopoly in Cement Manufacture of East Malaysia. As Such It is Like A Tree Planted Near An Ever Flowing River.
For the 11MP A Missive Flow of Cash Will Go Into The Construction of the Pan Borneo Highway
RM27 Billions for a length of 1663 km. This is to upgrade the current Pan Borneo "kampung" way from a 2 lane track into A GENUINE 4 LANE WIDE "HIGHWAY"!
If you google car ride from Bintulu to Miri (See Youtube Highway From Bintulu to Miri).
You will see a narrow 2 lane track. And driving through its uneven undulating road is similar to riding a boat over waves! What a joke of a "highway"? So BN Has Pledged RM27 Billions for its Upgrade!
What is the current status of CMSB? There is no cement plant in East Malaysia. CMSB only operate cement mills. A cement plant might cost over a billion Ringgit to set up. As told me by Ex Hanjoong Cement Chief Quarry Engineer.
So CMSB only have cement mills. CMSB Import cement clinkers from West Malaysian Cement Companies (about the size of a golf ball) and break it down into cement before packaging it for distribution in Sabah & Sarawak.
And So CMSB is like a Tree Planted With Great Growth Prospect in East Malaysia.
With the Incoming Cash Infusion of RM27 Billions CMSB Coffers Will Overflow With Profits. And in future expect higher dividends from CMSB.
Cash Will Flow Into CMSB For 8 years 2015 to 2023 in the Making of The Pan Borneo Highway.
This 1663 Highway Will Also Lift Up These Other Companies - KKB, NAIM, WEIDA & KBUNAI
End of Lesson from the Bible.
Regards,
Calvin Tan
Jurong West, Singapore.
Note: Afraid of Dow Crash? Just buy into this highly defensive CMSB stock.
Hi calvintaneng. Would like to meet you in person. I am in Singapore too. Anyway, I will attend the AGM on 30 April. Any questions you want to ask to the management?
CMSB inching up and a matter of time to break new high . Don't missed the boat ! From last week , price strongly and well supported at RM 5.00 -- RM 5.05 !
tjhldg taiko is here!!, I got good feeling it it will register incredible height end of this month. When engine starts the white hair boss will push it like no tomorrow :-)
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....
Gji Gan
378 posts
Posted by Gji Gan > 2015-04-15 15:17 | Report Abuse
Gogogo break RM5