I think the problem with Lafarge is that they are facing very stiff competition from the local cement producers. They don't want to loose their market share , so they die die match the price of the local cement producers in endurance , trying to kill competition & see who is the last one standing. In the end, they themselves suffered severely.
No way Lafarge can compete with the local cement producers in term of the pricing.
Aikinlai. Pls take note when I share it. LAF yet shooting up. I also told orion I sold at 0.225, n told them orion go down side temporary. I jus share my insignt. Hope investors gain
Posted by calvintaneng > Mar 24, 2018 11:21 AM | Report Abuse
GOOD MORNING TO ALL GENUINE INVESTORS OF MRCB
You all must THINK CLEARLY & SEE STRAIGHT INTO THE FUTURE. Don't listen to short term gamblers or naysayers
See
Last Year Calvin called for a Buy on Both DRB & MRCB around Rm1.40
DRB crashed to 92 SEn & I called for a stronger buy. Those who gave up just cutloss at the wrong time at 92 sen
And then DRB powered up to Rm2.70. So those who bought DRB at the bottom (at the time when many were in despair) made almost 200%. But those who still hold tight at Rm1.40 still made 90% profit when DRB rose to Rm2.70
F/M Lim Guan Eng 's remarks on the 121 govn'mt contracts revision would not affect Lafmsia since Lafmsia signed the cement S&P agreement with CCC Bhd directly and it was never an "Award contract " from the ex BN government . Hope I got it right. Pls advise. Thank You
Foreign net selling accelerated in Mar 2019. Foreign investors net sold MYR1.6b worth of Malaysian equities in Mar 2019. We believe that the foreign net sell was due to a combination of poor 4Q18 results season and a more “dovish” Bank Negara Malaysia implying that Malaysian economic growth will ease this year. Cumulative foreign net buy since early-2010 until end-Mar 2019 hit at a multi-year low of MYR1.4b.
Although local institutions were net buying to the tune of MYR1.4b in Mar 2019, the KLCI depreciated 3.8% MoM while the MidS Cap and Small Cap indices continued to climb by 1.6% MoM and 1.3% MoM respectively. This implies to us that local institutions were more interested in small to midsized market capitalization stocks than large ones
Apr 2019 likely to be light on news flow. Based on 29 Mar 2019’s market close, KLCI valuations are at 16.0x 12M forward PER (mean: 15.8x) and 1.70x trailing P/B (mean: 1.81x). There will be no BNM Monetary Policy Committee meeting and GDP announcement this month. The sole key domestic lookout this month is the 2nd Belt & Road Summit in Beijing, China from 25-27 Apr 2019 where Malaysia and China are expected to conclude on the East Coast Rail Link.
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 > 2019-03-11 09:47 | Report Abuse
YES!!!
TOP FACTORS FOR LAFARGE
1) CHEAPEST CEMENT COMPANY SHARE IN MALAYSIA
2) HONEST MANAGEMENT
3) BEST LOCATION ALONG ECRL ROUTE
4) PRODUCE CEMENT & CAPTURED 45% OF MALAYSIA CEMENT MARKET
5) IN GOOD TIMES PAY OUT MORE THAN 50% PROFIT AS DIVIDENDS
6) ALSO PRODUCE AGGREGATE OR STONE CHIPPING FOR TRAIN TRACKS
7) THIS ONE WILL MAKE THE MOST FROM ECRL RESTORATION
IN BOOM CYCLE UP LAFARGE HIT RM10.00 A BLUE CHIP!!!