Misai's World of Investing
YTL Controls 70% Cement Supply
abang_misai
Publish date: Fri, 11 Dec 2020, 09:27 AM
Building material stocks have gone up crazily. YTL is the last building stock that will fly soon.
Following the acquisition of Malayan Cement, YTL’s cement division now commands a 60%-70% share of the domestic cement market, positioning it well to ride on this potential upcycle in infra spending.
Cement price has gone up 12% in the last 3 months. This means YTL is pocketing an additional profit of Rm120mil on top of Rm92mil normal profit.
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abang_misai
HSR is coming. A minister has been buying. Can’t reveal his identify though. Good sign.
2020-12-11 18:28