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Overview
Financial HighlightHeadlinesNo recent Headlines for this stock. Business Background 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.
4 people like this. dompeilee Tasek AGM - comment on M'sian property market https://www.youtube.com/watch?v=MePu0VKhtoQ 26/04/2018 6:19 AM Y2016 Demands for cement will drop very drastic due to cancellation of HSR project 29/05/2018 11:10 PM 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! 29/07/2018 4:06 PM Pen6 Y2016 Below RM6 very soon 06/06/2018 01:21 You are smart ! Can it go lower some more ? 01/10/2018 11:25 PM Y2016 Technically the price chart looks still weak; no buying interest but limited downside risk; may gradually buy in at RM5.xx something 01/10/2018 11:41 PM Y2016 To invest in this stock need patients; likelt need to wait for more than a year at least before you can earn something 01/10/2018 11:42 PM 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 18/10/2018 6:11 PM shpg22 Downgrade to 2.70 @ 0.6x P/B inline with peers LAFARGE. No more dividend is expected due to the continuous losses. 24/10/2018 12:43 PM king36 With the current construction market? I'll wait for the first + sign in its Q earning. 04/01/2019 5:27 AM 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. 04/01/2019 7:53 AM 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! 26/04/2019 9:16 AM 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 30/04/2019 5:37 PM 小糖 laugh die me, wahahahaha . Play Bandar Malaysia theme & contruction theme some more la.... 30/04/2019 6:37 PM shpg22 Maintained strong sell at 2.70. Dividend expected to be 0 for years to come. 02/05/2019 11:02 AM 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 29/05/2019 2:01 AM 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 29/05/2019 12:01 PM 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... 11/06/2019 1:32 PM 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. 08/11/2019 5:56 PM frleong2005 Those who own Lafarge will receive payment when take over is completed? 01/01/2020 2:31 PM | |