Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Sun, 21 Apr 2019, 11:02 AM

 

ECRL (EAST COAST RAIL LINK) GUARDRAILS/WHEEL BARROWS OF PRESTAR WILL DO WELL, Calvin Tan Research

Author:   |    Publish date:


Hi guys,

 

PRESTAR WILL ALSO DO VERY WELL WHEN ECRL IS REVIVED

AT  688 KM LOTS OF PRESTAR GUARDRAILS AND WHEEL BARROWS WILL BE NEEDED

OTHERS ARE WCE HIGHWAY AND THE PAN BORNEO HIGHWAY

THE PAN BORNEO HIGHWAY

See

Related image

 

Notice the shining guardrail? They are alloys of steel & nickel

 

Pan-Borneo Highway

The length of the entire highway is expected to be about 2,083 kilometres (1,294 mi) for the Malaysian section, 168 kilometres (104 mi) for the Bruneian section and 3,073 kilometres (1,909 mi) for the Indonesian section.[2] The Indonesian sections of the Pan Borneo Highway is known as the Trans-Kalimantan Highway.

Pan Borneo Highway is 2,083 Kilometer (More than 3 Times ECRL)

RIGHT NOW EVEN IF ECRL IS NOT SIGNED AS YET THE PAN BORNEO HIGHWAY AT 2,083 KM LONG IS 3 TIMES THE ECRL. BUT IF ECRL IS SIGNED IT WILL BE AN ADDED BONUS

AND IF ECRL IS FINALLY IN PLACE - PRESTAR FACTORY IN RAWANG WILL COME IN HANDY

PRESTAR CAN THEN EXPORT BOTH GUARDRAILS & WHEEL BARROWS TO EAST MALAYSIA & KALIMANTAN & ALSO THROUGH TOK BALI PORT TO THAILAND, HONG KONG, TAIWAN, KOREA, CHINA & JAPAN

PRESTAR WHEEL BARROWS ARE OF HIGHER QUALITY THAN THOSE MADE IN CHINA

AND THE TRANS KALIMANTAN HIGHWAY IS EVEN LONGER THAN THE PAN BORNEO HIGHWAY AT 3,073 KILOMETERS

 

PAN BORNEO HIGHWAYS = 2,083 KM

TRANS KALIMANTAN HIGHWAY = 3,073 KM

SO THE TRANS KALIMANTAN HIGHWAY IS 4.5 x (TIMES)  LONGER THAN THE ECRL & ALSO LONGER THAN THE PAN BORNEO HIGHWAY BY 33% MORE

PRESTAR HAS A VERY VERY  BRIGHT FUTURE

SEE HOW INSIDERS BOUGHT & BOUGHT

 

 

NOW THERE ARE EVEN MORE BOOSTERS FOR PRESTAR

 

20 infrastructure projects to be implemented this year — Baru Bian

KUALA LUMPUR (March 14, 2019): The Works Ministry will implement 20 infrastructure projects worth RM5.26 billion this year that will help stimulate the country's economy.

Minister Baru Bian said they include the mega projects that had been long planned, such as the Central Spine Road (CSR), the Pan Borneo Highway and the Sarawak-Sabah link road projects.

“I believe these infrastructure projects will effectively help stimulate the country's economy...we will also try to renegotiate some of the planned projects that have yet to take off.

“We have to be careful because once signed, we cannot amend the contract,” he told Bernama after the recording session of the Bernama News Channel's (BNC) Property Hot Seat programme here today.

The Minister said road access linking rural and urban areas, especially in Sabah and Sarawak, would boost the tourism industry and help generate income for the locals.

“In Sarawak, for example, we have mountains like Mount Murud and Mount Mulu that could help draw more tourists. If it is made accessible with good infrastructure, it will definitely attract more tourist arrivals,” he said.

Central Spine Road (CSR) came to my attention

So I checked it up and this is what I got

Central Spine Road

Central Spine Road (CSR) or Kuala Krai–Kuala Pilah HighwayFederal Route 34, is a new toll-free highway under construction in the center of Peninsula Malaysia. The 325 km (201 miles) highway is built to eventually replace the former two-lane Federal Route 8 Gua Musang Highway and Federal Route 9 Karak–Tampin highway. Construction of CSR starts at Package 3 which is from Merapoh to Kampung Relong. It commences at Package 3 as the Gua Musang Highway passes through Chegar Perah which is prone to roadkill. The highway has a long eco-viaduct built in this section. Package 5 which is from north Raub to Karak will be built next, which will connect it to E8 Kuala Lumpur–Karak Expressway bypassing Bentong and Mempaga. This will help detour traffic from the steep mountainous grade between Raub and Bentong.

 

LET'S TAKE THIS 325 KM CENTRAL SPINE ROAD HIGHWAY AND CALCULATE ITS POTENTIAL

325 KM LONG WITH 4 ROWS OF GUARDRAILS

SO 325 X 4 = 1,300 KM

ONE PIECE OF GUARDRAIL IS 4 METER LONG

SO HOW MANY PIECES NEEDED?

DIVIDES 1300KM  BY 4 = 325,000 PIECES

PER PIECE COST NOW IS RM217 (I ALREADY CALLED PRESTAR OFFICE)

SO 325,000 X 217 = 70,525,000

SO JUST THIS SMALL HIGHWAY WILL BRING IN RM70.5 MILLIONS

BUT OF COURSE PRESTAR ONLY CAPTURED 50% OF MALAYSIA MARET

SO HALF OF M70.5 MILLIONS = RM35.25 MILLIONS

AND MALAYSIA BEING A GROWING NATION WILL STILL WITNESS MANY MORE KAMPUNG ROADS CONVERTED TO HIGHWAYS IN FUTURE.

AND THE FUTURE FOR PRESTAR IS VERY BRIGHT INDEED

PRESTAR OR PRE STAR: BUY IT BEFORE IT TURNS INTO A STAR AGAIN

CALVIN HAS A TARGET PRICE OF PRESTAR AR RM1.50

AT CURRENT PRICE OF 64 SEN THERE WILL BE A NICE 100% REBOUND

 

BEST REGARDS

 

Calvin Tan Research

Singapore

 

PLEASE BUY/SELL AFTER DOING YOUR OWN DUE DILIGENCE

 

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calvintaneng PRESTAR: PRE-STAR Or Before It Turns into A STAR PERFORMING STOCK By Calvin Tan (Perth, Australia)

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/92509.jsp
25/03/2019 10:21 PM
calvintaneng PRESTAR – THE UNDERVALUE LAGGARD CONSTRUCTION MATERIAL STOCK

https://eaglevisioninvest.com/prestar-the-undervalue-laggard-construction-material-stock/
25/03/2019 10:23 PM
calvintaneng CALVIN HAS CHOSEN MOSTLY OGSE, SME SUPPORTING OGSE & ECRL STOCKS THIS YEAR

WHICH DEPENDS ON MALAYSIA GOVT INTERNAL STIMULATION RATHER THAN EXPORT STOCKS AS WE DON'T KNOW HOW TRADE WAR OUT THERE WILL AFFECT EXPORT STOCKS

DURING THE GREAT DEPRESSION YEARS OF 1929 TO 1939 JOHN MAYNARD KEYNES CHOSE UTITLY STOCKS & US GOVT INFRAR STOCKS AND SURVIVED THE GREAT DEPRESSION UNSCATHED WITH HIS 2 FUNDS

SO CALVIN CHOSE PROTECTION FIRST... THEN GROWTH
25/03/2019 10:31 PM
calvintaneng Prestar or pre star. Buy it before it shines like a star.

A cyclical is like a night star

It goes up when more highways projects are on. It goes down when they are cancelled

Hence it will go up again when highway projects like WCE, Pan Borneo Highway and the Central Spine Road are on

Ecrl will be another powerful booster

Of all construction material stocks Prestar is unique as it has very few able competitors.

So shine it will and shine it must
26/03/2019 7:52 AM
fusing79 thank you for sharing
26/03/2019 9:08 AM
calvintaneng Welcome fusing 79

Prestar has 50% of the guardrail market

Almost 50% monopoly

Unlike flat steel, long steel and cement which have many players Prestar position is unique
26/03/2019 9:29 AM
calvintaneng Another recurring income of prestar comes from guardrail replacement due to accidents on the highways as well as theft or wear and tear

Malaysia has one of the highest accidents rate in the world

Many guardrails are needed for replacement every year

Propel is a proxy to plus road repair
So prestar is the proxy for safety guardrails
26/03/2019 9:33 AM
Veron_teo sohem, eat medicine d ?
26/03/2019 9:33 AM
calvintaneng Veron tale bearer has come?

You better buy some good good prestar shares as ecrl will benefit construction material stocks especially Prestar
26/03/2019 9:36 AM
calvintaneng Ivan9511

Prestar debt is backed by Investment Assets


See i3 investors write up on Prestar

Business Background
Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding. The principal activities are mainly manufacturing of steel related products. The company has three reportable segments mainly: Investment, Trading, and Manufacturing. The firm focusses on manufacturing slitting and shearing of carbon and stainless-steel mother coils into slitted coils/ sheets for automotive, electrical and electronic, office, equipment, metal stamping industries, roll-forming of carbon steel pipes, stainless steel pipes and hollow sections, manufacturing of steel flat bars, steel purlins, wheelbarrows and platform hand trucks, steel shelving and pallet racking and other storage equipment and highway guardrails. The group operates in Malaysia


Business Background
(((Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding)))

i3 Forum Admin compiled the above on Prestar


Check this out

https://klse.i3investor.com/servlets/stk/9873.jsp
26/03/2019 4:03 PM
calvintaneng T7 GLOBAL (Tanjong Offshore) - Why it will benefit from ECRL (East Coast Rail Link), Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/199669.jsp
26/03/2019 6:27 PM
calvintaneng ECRL (EAST COAST RAIL LINK) LAFARGE WILL BE TOP BENEFICIARY FOR CEMENT & AGGREGATE, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/199876.jsp
27/03/2019 9:52 PM


 

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