Hi guys,
The latest Govt move to give 100% duty free for local assembled cars & RPGT tax free till End 2021 will benefit this Flat Steel called Cscsteel the most
And here are the reasons
1) CSCSTEEL SUPPLY COLD ROLL STEEL TO BOTH PROTON & PERODUA TO MAKE CAR ROOFS, BONNETS, DOORS & PANELS.
So the collective increase of Car sale in Malaysia is bound to be good for CSCSTEEL in particular
See how Cold Roll steel sheet being used in Proton Factory
https://www.youtube.com/watch?v=9DzVzp12pbw
SO WITH INCREASE OF CAR SALES MEAN MORE NEED FOR COLD ROLL SHEET FROM CSCSTEEL
2) PROPERTY GAINS TAX REMOVAL TILL END 2021 PLUS FREE STAMP DUTY FOR HOUSE PURCHASE ANOTHER BIG BOOSTER FOR CSCSTEEL
Roof Truss has been replaced from Wood Beams to CSCSteel Trusses as they are termite proroof
Steel Roof Sheets will also be in demand for both Car porch & kitchen extension for some
Metal roofing sheet below (example)
STEEL ROOF TRUSS (as example)
3) AND THE 19 TO 15 YEARS TAX FREE STATUS FOR FOREIGN FDI WHICH INVEST FROM RM300 MILLIONS TO RM500 MILLIONS WILL ACCELERRATE DEMAND FOR CSCSTEEL PRODUCTS LIKE NEVER BEFORE
See some Buildings Which Used Products by CSCSTEEL
JOHOR CIQ KASTAM
IKEA JOHOR BAHRU
CEMENT PLANT
CONNAUGHT POWER PLANT
TABUNG HAJI COMPLEX
WITH 10 TO 15 YEARS TAX FREE FDI WILL POUR INTO MALAYSIA I THE BUILDING OF MANY NEW FACTORIES!
CSCSTEEL ALREADY BLOATED WITH EARNINGS AND NOW FULL OF CASH
With Rm249 Millions in Cash it is about 67.7 sen CASH It has even increased its dividend for this year
See
From 4 sen last year dividend has increased to 6.6 sen (up 65%) this year
At Rm1.01 now the dividend yield is 6.5% (or 3 X bank interest at 2%)
NOW WITH ALL 3 BOOSTING ITS COFFERS : CARS, PROPERTIES, INDUSTRIAL COMPLEXES WE CAN EXPECT EVEN HIGHER DIVIDEND FROM CSCSTEEL IN FUTURE YEARS
PRICE NOW RM1.01
Target price is Rm2.00 (Slightly less than its NTA at Rm2.25)
Best regards
Calvin Tan Research
Singapore
Please buy or sell after doing your own due diligence. In doubt please consult your remisier or fund manager
Note:
Grand Champion Dr Neoh Soon Kean of Dynaquest
is in Top number 6th of Cscsteel with 3.7 Million Cscsteel shares
Please refer to latest Annual Report
Under Top 30 Shareholders of CscSteel
6. Neoh Choo Ee & Company, Sdn. Berhad 3,700,000
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Ok
Dividend of 6.6 sen will Ex by June 24th 2020
So you have about less than 2 weeks to buy and be on time for dividend.
2020-06-11 00:34
use same modus operandi kah? buy first, promote then let go. every move can be read easily.
2020-06-11 00:38
Grand Champion Dr Neoh Soon Kean of Dynaquest
is in Top number 6th of Cscsteel with 3.7 Million Cscsteel shares
Please refer to latest Annual Report
Under Top 30 Shareholders of CscSteel
6. Neoh Choo Ee & Company, Sdn. Berhad 3,700,000
2020-06-11 00:48
They say
Successful businessmen don't waste time with sore losers
This year Calvin has been giving out one Chun Chun call after another
1. Supermax at Rm1.73
2. Comfort gloves at 88.5 sen
3. Luxchem at 47 sen
4. Adventa at 57 sen
5. Es ceramic at 32 sen
6. Mtag at 39 sen
7. Nylex at 68 sen
8. Naim at 67 sen
9. Texchem at 51 sen. Texchem is another Luxchem in the making. Load up Texchem now as it is still an inspiring work in progress
10. Cscsteel now at Rm1.01 is another sure fire winner.
Cscsteel has net cash of 67.7 sen per share
Flat sheet will be in demand as cars expected to get booster from 100% tax-free
Cscsteel will also benefit from real estate booster by rpgt removed till end 2021.
Cscsteel roof truss and roofing sheet will do well
Fdi 10 to 15 years tax free for rm300 millions to Rm500 millions new foreign direct investment will boost demand for even more flat steel from Cscsteel
These 3 powerful CATALYSTS WILL NOW BE NEW GAME CHANGER FOR CSCSTEEL
SO THE BEST TIME IS TO ACT EARLY WHILE OTHERS ARE STILL IGNORANT
2020-06-11 08:02
Maybulk was last year cyclical BDI linked stock
Told whataspp friends to buy & also take profit
Many OGSE like carimin,penergy and uzma also to buy while cheap & sold into Huge Profits
CSCSTEEL IS ALSO CYCLICAL DUE TO CARS & HOUSES BEING CYCLICAL
NOW WITH TAX AND DUTY FREE BOOSTER CSCSTEEL WILL SEE A GOOD TURN OF FORTUNE
2020-06-11 12:21
Don't worry about CscSteel as it supplies to Perodua of MbmR and Proton of DRB.
Good pay masters
Supply cold roll sheets to astino & YKGI?
Both listed companies will also pay well.
Cscsteel also sell to panasonic flat steel to make refrigerator door, aircond panel & TV panel?
SO WITH 3 EXTRA BOOSTERS FOR
1) CARS HAVING DUTY FREE 100%
2) RPGT 100% WAIVED TILL END 2021
3) 100% TAX FREE FOR FDI FOR 10 TO 15 YEARS IF INVEST RM300 MILLIONS TO RM500 MILLIONS
PLUS NET CASH 67 SEN & 6.6 SEN DIVIDEND
ALL THESE BULL FACTORS FOR CSCSTEEL
2020-06-12 13:37
abang_misai
Wah. Calvin sudah beli cukup cscsteel? Boleh goreng besok?
Calvin, suggest you study APM if you are determined to become a multi millionaire
2020-06-11 00:31