TASEK CORPORATION BHD

KLSE (MYR): TASEK (4448)

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Last Price

5.80

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Overview

Market Cap

NOSH

Avg Volume (4 weeks)

4 Weeks Range

4 Weeks Price Volatility (%)

%

52 Weeks Range

52 Weeks Price Volatility (%)

%

Previous Close

Open

Bid

Ask

Day's Range

Trading Volume

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2020 [#2] | 12-Aug-2020

Next QR | Est. Ann. Date

30-Sep-2020 | 07-Nov-2020

T4Q P/E | EY

-44.19 | -2.26%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

4.06 | 1.43

T4Q NP Margin | ROE

-3.07% | -3.23%

Market Buzz
News and Blogs

No result.

Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: BUILDING MATERIALS

Subsector: BUILDING MATERIALS

Description:

Tasek Corp Bhd is engaged in production and sale of cement and related products. The company is organized into two main business segments: Cement and Ready Mix Concrete segment. The cement segment is in cement manufacturing and sales of cement business. The ready mix concrete segment is in the supply of ready-mixed concrete business. The company's products include Ordinary Portland Cement, Masonry Cement, and Clinker. The company's largest end market by revenue is Malaysia.

Discussions
4 people like this. Showing 50 of 271 comments

Naz1990

if i hv 1k unit of tasek, how much i get dividend from 40% dividend ?

2017-03-24 17:17

林伟利

Par value is Rm 1 , so is Rm 400

2017-04-23 19:20

godhand

this stock still so strong despite the drop in earnings

2017-07-25 14:52

mancingbursa

Good for dividend lor...
I buy some today...

2017-09-21 22:42

thiam1129

what happened?

2018-02-02 23:26

Mohd Fahmi Bin Jaes

?

2018-02-02 23:30

arv18

long way down to go yet....

TP: 5.00

2018-02-05 14:07

apolloang

loss also 9.49......should be like Lafarge below 6

2018-02-06 21:43

dompeilee

Tasek AGM - comment on M'sian property market https://www.youtube.com/watch?v=MePu0VKhtoQ

2018-04-26 06:19

Y2016

Demands for cement will drop very drastic due to cancellation of HSR project

2018-05-29 23:10

Y2016

Below RM6 very soon

2018-06-06 01:21

mancingbursa

...

2018-06-16 20:06

calvintaneng

The Fall of TASEK as a Cyclical Cement Stock will Mirror the Coming Fall of Jaks being also a Cyclical Stock!!!


Anyone holding Jaks must quickly sell all now!

2018-07-29 16:06

somersby

all cement stock down like shit

2018-09-05 22:26

Pen6

Y2016 Below RM6 very soon
06/06/2018 01:21

You are smart ! Can it go lower some more ?

2018-10-01 23:25

Y2016

Technically the price chart looks still weak; no buying interest but limited downside risk; may gradually buy in at RM5.xx something

2018-10-01 23:41

Y2016

To invest in this stock need patients; likelt need to wait for more than a year at least before you can earn something

2018-10-01 23:42

somchik

Just look at FA , five consecutives qters of losses , output stagnant , property large overhang, oil prices and energy bill high, time to liquidate and shift to other counters as TA not bottoming.. take ur pick chum kikiki

2018-10-18 18:11

miker

4 quarters loss consecutively, apa lg mau tunggu...huhuhuhu

2018-10-19 16:25

shpg22

Downgrade to 2.70 @ 0.6x P/B inline with peers LAFARGE. No more dividend is expected due to the continuous losses.

2018-10-24 12:43

LohTaSek

Please buy this share

2018-11-30 16:06

limkokthye

wait below 2.00 same as lafarge

2018-12-09 20:29

shareinvestor88

Sell tp 1

2018-12-16 00:14

signalmw

woooooo

2018-12-17 15:48

vcheekeong

bottomless pit?

2018-12-22 10:51

ZEPAN

Anyone interested? Very cheap low.

2019-01-04 05:07

king36

With the current construction market?
I'll wait for the first + sign in its Q earning.

2019-01-04 05:27

ZEPAN

Posted by king36 > Jan 4, 2019 05:27 AM | Report Abuse

With the current construction market?
I'll wait for the first + sign in its Q earning.


WELL SAID BROTHER KING36, YOU ARE A SMART TRADER. IT MAKE SENSE WITH YOUR COMMENTS. LIKE THEY SAY, GOT MONEY JUST WAIT FOR THE RIGHT OPPORTUNITY.

2019-01-04 07:53

NaasifBaik

how long can hold tasek?

2019-01-18 17:06

Sharmila Rao

Hi...should I buy tasek now? Y is the price going up now?

2019-04-06 17:03

runningloh

Rubbish share. Run

2019-04-12 11:56

runningloh

ECRL revived already also cannot up.Totally rubbish share.

2019-04-17 12:33

calvintaneng

VERY GOOD

Those who missed TASEK CEMENT can consider KPS

KPS has Cenbond which supplies cement bags to TASEK

If TASEK doing well Cenbond by proxy should also do well

So KPS will do well do to its almost 100% ownership of Cenbond

SINCE KPS STILL A LAGGARD & TASEK HAS BROKEN OUT INTO A BULL RUN

BEST OPPORTUNITY NOW TO TAKE POSITION IN KPS

PLUS ONE GOOD SPECIAL DIVIDEND COMING FOR KPS SOON!

2019-04-26 09:16

lazycat

local cement players tasek , ytl , lafarge all holland just like steel industry , because of china steel and cement overproduction ,it drive down the price everywhere in the world

2019-04-30 17:37

小糖

laugh die me, wahahahaha . Play Bandar Malaysia theme & contruction theme some more la....

2019-04-30 18:37

shpg22

Maintained strong sell at 2.70. Dividend expected to be 0 for years to come.

2019-05-02 11:02

ivan9511

Funny .
Act like this.
Government fund come in ?????

2019-05-02 15:57

10156838441470042

why today so bad

2019-05-03 11:36

calvintaneng

ATTENTION ALL (CALVIN TAN RESEARCH LATEST INFORMATION)

HONG LEONG BOSS QUEK LENG CHAN IS OFFERING RM5.50 TO TAKE TASEK CEMENT

THIS WILL MOST PROBABLY BE OUTRIGHT OFFER AND DELISTING OF TASEK CEMENT SHOULD THE DEAL GOES THROUGH

MORE THAN 10 YEARS AGO WHEN TASEK CEMENT WAS ABOUT RM3.50 HONG LEONG OFFERED TO TAKE TASEK CEMENT AT RM3.80

IT WAS DONE WITH THE LISTING STATUS INTACT. TASEK LATER SURGED OVER RM16 IN ITS CYCLICAL UPTREND

WITH YTL TAKING LAFARGE PRIVATE AND NOW HONG LEONG TAKING TASEK PRIVATE THERE MIGHT BE A CARTEL FOR CEMENT IN MALAYSIA = LEADING TO HIGHER PRICES IN THE FUTURE

THE DAYS OF CEMENT PRICE WAR WILL BE OVER

HOLCIM HAS JUST RAISED ITS CEMENT PRICE FOR 50KG BAG FROM RM15 TO RM18 (UP 20%). HOLCIM BELONGS TO LAFARGE

WHO WILL BENEFIT?

ALL CEMENT COMPANIES

ALL COMPANIES WHICH OWN HARD ASSETS LIKE BUILDINGS, MALLS, OFFICES, SHOPHOUSES WHICH ARE ALREADY COMPLETED

THE BIGGER THE BETTER

EXAMPLE: ASIAPAC WHO OWNS THE HUGE IMAGO MALL IN KK

ALREADY OVER RM1 BILLIONS IN BOOK VALUE. WITH HIGHER COST OF CEMENT & BUILDING MATERIAL IMAGO MALL VALUE WILL GO UP

ALL OTHERS ALSO BENEFIT IF THEY HAVE HARD SOLID ASSETS LIKE BUILDINGS

2019-05-29 02:01

calvintaneng

The cement price war lasted till last week

When holcim was selling for Rm15.00

Ytl cement was as cheap as Rm13.00

Ytl cement always underprice holcim by Lafarge to capture market shares

Now with Ytl taking over Lafarge no need for cement price war any more.

The Malaysian consumers must be prepared for higher cement prices and in turn higher house prices

So this will be inflationary

Better go buy a house or apt if you don't have one.

Or else one day you will find it impossible to own a landed house like in Hong Kong or Singapore

Don't waste your monies on expensive cars which will depreciate over time

Buy an appreciating asset like a landed house

Over time cement prices will now continue to rise and rise in Malaysia

And these were the cement companies taken over through the years

Mui Group sold Pm Cement. Then changed name to Pm Corp

Ytl Cement took over Hajoon cement from Gopeng. Later Ytl group took Ytl cement private

Cima (cement industry of Malaysia associated) took private by UEMS

Now Lafarge taken private by YTL Group

Hong Leong proposed to take Tasek cement private.

Looks like there will be less and less listed cement companies?

Once they form a private cartel expect cement prices to cross Rm20 per 50 kg bag and house prices expected to go up by another 20% or more

What you should do to protect yourself from inflation

1. Go quickly and buy your dream house or Apt if in Kl, Selangor or Penang (Don't buy apartments in Johor. In Johor must only buy landed houses)

Buy Companies with high assets in Real estates, malls, shops, offices, warehouses or other hard assets as these expected to rise in price due to inflation

Cash on its own will go down in value as paper currency will continue to depreciate.

Or follow Calvin buy winning stocks to protect from the ravages of inflation

2019-05-29 12:01

Dragon88

Calvin, what winning stock you recommend ?

2019-06-03 16:16

Dragon88

should i keep or sell tasek now ?

2019-06-03 16:16

thx2012

Faster sell, this share is too rubbish, i buy when he still have dividend, that time 14.00 price per share, then i sell all 13.30 all... lucky i stop lose, now drop like shit...

2019-06-11 13:32

i3lykan

tasek take private minority shareholders should sell back or hold

2019-07-16 16:07

georgeloo

hold! without 90% they can't do a force privitazation!

2019-07-31 16:01

smallfishyu

tasek Corp Bhd’s net loss for the third quarter ended Sept 30, 2019 narrowed to RM5.37 million from RM5.99 million a year ago as the cement segment was affected by the prolonged price competition and high production cost.

This was compounded by lower interest income and lower share of profit from associate company. Its revenue however, rose 6.9% to RM160.24 million compared with RM149.88 million previously.

For the nine-month period, Tasek’s net loss widened to RM22.98 million from RM15.07 million a year ago, but revenue rose 1.3% to RM425.19 milllion from RM419.79 million.

2019-11-08 17:56

frleong2005

Those who own Lafarge will receive payment when take over is completed?

2020-01-01 14:31

HuatAh8809

Will revise take over price?

2020-06-06 19:48

OldWiseMan100

Post removed.Why?

2020-08-12 00:07

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