CSCSTEEL (5094) The Flat Steel Company that will benefit most from Reduction of Car Tax & Property Gain Tax, Calvin Tan Research

calvintaneng

Publish date: Thu, 11 Jun 2020, 12:29 AM

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

Multi Roof Truss & Batten - Powin Steel Industries Sdn.

Metal roofing sheet below (example)

Everything To Know Before Purchasing From Metal Roofing Sheets ...

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

22-May-2020	25-Jun-2020	DIVIDEND	Final Dividend	RM 0.0660
29-Apr-2019	27-Jun-2019	DIVIDEND	Final Dividend	RM 0.04
27-Apr-2018	27-Jul-2018	DIVIDEND	Final Dividend	RM 0.05
09-Feb-2018	26-Feb-2018	DIVIDEND	Interim Dividend	RM 0.05
22-Feb-2017	28-Jun-2017	DIVIDEND	Special Dividend	RM 0.04

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

Discussions

1 person likes this. Showing 11 of 11 comments

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

calvintaneng

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

abang_misai

use same modus operandi kah? buy first, promote then let go. every move can be read easily.

2020-06-11 00:38

calvintaneng

2020-06-11 00:48

abang_misai

Haha.

2020-06-11 01:04

calvintaneng

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

abang_misai

you missed out maybulk

2020-06-11 11:58

abang_misai

I write here so that no more people will be falling into your trap

2020-06-11 11:58

calvintaneng

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

calvintaneng

Buy on weakness now!

2020-06-11 16:24

calvintaneng

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

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