In my opinion, the deal is structured quite favorably for Lion Ind. Compared to Lion Corp, Lion Ind will enjoy annual cost saving amounting to as much as RM354 mil (being lower depreciation charges of RM104 mil, absence of interest charges of RM250 mil).
Notwithstanding the lower cost structure, there is another hurdle to cross - whether Lion Ind can make use of the assets to generate profit. That will depend on the prospects of the Malaysian flat steel industry. We can only find out when Megasteel started contributing (either positively or negatively) to Lion Ind bottomline in the future.
I am am not asking you to bet big big. But buy a bit to keep is no harm lah. No risk no gain.
above is why this lionind plunged down early morning , buy the megasteel , 532 million cash , save 1.3 billion for the existing plant and machinery inside the place , for me maybe it is disaster , for the expert in this field , especially , old sand warrior , it is a catalyst to fight even big , maintain its previous savage teeth image , william tay , really a hard nut in iron feild , do such weird and ridiculous investment , salute to him , still got the ball to fight , maintain the champion horse in region , possible see Mahathir can , he also can theory , never calculate he is getting old , horse always got this spiritual fight , correct soul any way , hope this round can put bolehland solid iron country in region soon .
all iron counter drop , SSTEEL drop 5 cent , close 1.41 , annjoo drop 6 cent , close 1.79 , masteel 0.57 , lionind 0.715 , i am wonder because of government increase the electricity tariff for factory problem , or the Megasteel issue , i am quite confuse the illustration , why the figure is so fast fabulous react , all plunged down in one time , not earth quake , not war , not tsunami , not fighting , not disturbance in country , you tell me why , panic selling ???? maybe too sensitive to PEACE environment , trouble maker make once around ......
Opportunities is when all people talk is the disaster time , think the logic , while nothing else happen , but the price is keep dive down , judge , before action , for me , possible is the BIG U TURN .
I told you all , is a track , syndicate short ward will pull back , according to right source , trade war is terminated , all will back normal , worldwide stock rebound in savage mode .
Good intention share buy back at this level , bottom save we call , the top steering enhance not more lower , swallow chips at real bottom line , rescue the whole structure , image and reputation , so as my previous mention , 4 big iron counter , Masteel still the best .
I salute to him , i not even mention his name , scare he sudden famous , better don't exploit , otherwise my golden egg need to sharing with public all .kikikik b, jealous is current thinking , i hide the secret , in order me , enjoy whole life rest of my life .
A Malaysian, male, aged 54, was appointed as an Executive Director of Masteel on 25 April 1994. He is also the Managing Director/Chief Executive Officer of Masteel. He obtained a Bachelor of Science degree in Mechanical Engineering from The University of Southern California in 1987 and a Master’s degree in Finance from the University of Hull, United Kingdom in 1993. He began his practical training in 1987 as a Plant Manager in the manufacturing of Liquefied Petroleum Gas (“LPG”) pressure vessels for the oil and gas industries. He has been involved in the formulation and implementation of Masteel’s corporate strategies including corporate planning, business expansion and operations. In 2016, he has been publicly reprimanded with a fine of ringgit malaysia forty three thousand and five hundred for breaching paragraph 16.13(b) of the MMLR. Subsequently, the submissions of the financial statements are in compliance to the MMLR. He has more than 27 years of business experience in the iron and steel industry. Dato’ Sri Tai also sits on the Board of Metropolitan Commuter Network Sdn Bhd and MS Express Sdn Bhd, which are wholly-owned subsidiaries of Masteel. He also sits on the Board of Bio Molecular Industries Sdn Bhd, an associate company of Masteel and several private companies in Malaysia. Dato’ Sri Tai is a member of the board of the Malaysia Steel Institute (“MSI”), he is the Vice President of the Malaysia Steel Association (“MSA”) and also sits on the Board of Rosegate Insurance Brokers Sdn Bhd. He does not hold any directorship in any other public company.
Dato’ Sri Tai attended all the 5 Board meetings of the Company held during the financial year ended 31 December 2017.
not such failing knife , nite eclipse , i confirm in such threaten environment , actually for the bullet crowded fellow , is a golden opportunities instead , why i say so , you can easily tackle the seed , without hard work , squeeze surface face , not pain , that mean , you are not dreaming , the wealthy is in front you , without be a crook or pirate , but grasp a lot wealthy , why earth got , you tell me ?????
Last , thank you those spread the rumour , earth quake happen , tsunami landed , sink boat , bankrupt , all disaster exploit , fire burn , commit suicide , i most welcome , at least my pocket is later on full house .
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....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2018-07-04 16:41 | Report Abuse
In my opinion, the deal is structured quite favorably for Lion Ind. Compared to Lion Corp, Lion Ind will enjoy annual cost saving amounting to as much as RM354 mil (being lower depreciation charges of RM104 mil, absence of interest charges of RM250 mil).
Notwithstanding the lower cost structure, there is another hurdle to cross - whether Lion Ind can make use of the assets to generate profit. That will depend on the prospects of the Malaysian flat steel industry. We can only find out when Megasteel started contributing (either positively or negatively) to Lion Ind bottomline in the future.
I am am not asking you to bet big big. But buy a bit to keep is no harm lah. No risk no gain.
above is why this lionind plunged down early morning , buy the megasteel , 532 million cash , save 1.3 billion for the existing plant and machinery inside the place , for me maybe it is disaster , for the expert in this field , especially , old sand warrior , it is a catalyst to fight even big , maintain its previous savage teeth image , william tay , really a hard nut in iron feild , do such weird and ridiculous investment , salute to him , still got the ball to fight , maintain the champion horse in region , possible see Mahathir can , he also can theory , never calculate he is getting old , horse always got this spiritual fight , correct soul any way , hope this round can put bolehland solid iron country in region soon .