no way the pakatan gov will give this company business because france gov is getting the whole of europe boycotting our palm oil. buyer beware of words from ministers like teresa , dr m etc anytime.
dr m said ecrl must meet bumi participation policy. Cement biz is likely going to CIMA, a unit of UEM group . Later UEM group is being re listed again, a replay of RENONG that built North South highway under dr m.
Then let Lafarge went bankcrupt? Again there are 25% govt stake in there. Unlikely govt will let that happen. Unless the sold the whole stake to France la..
Something must be done to revive Lafarge profitability to protect govt interest. So it make sense to award some portion (if not all) of supplying job to them.
I hope people realize this is a trading stock, not for holding long term. Must sell if the trend reverses. According to reports, the demand for cement is still smaller than supply and Lafmsia will be making losses even with ECRL back
Pang bro, with all the mega projects coming soon, what do you think? All the houses in Bandar Malaysia will need concreate and cement, right? This is a cyclical stock, the worst is gone, I reckon it will be only up, up, up all the way to rm10. Just my 2cent view.
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
56,539 posts
Posted by calvintaneng > 2019-04-23 22:47 | Report Abuse
WHOA SO GOOD
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