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11 comment(s). Last comment by calvintaneng 2019-06-17 00:54
Posted by InvestsucessTrader > 2019-06-16 19:24 | Report Abuse
@ calvintan, 1000 construction companies vying for Ecrl jobs. Which ones to choose leh?
Very difficult to pin point
There is an easier way to invest , Just buy Econbhd the piling specialist and biggest capable of taking large project.
Posted by calvintaneng > 2019-06-16 19:31 | Report Abuse
Econbhd is a so so company
These are some difficulties econbhd must overcome
1. Econbhd bid at too low prices to win projects in fierce bidding.
So there is razor thin profit
2. Ytl after buying over Lafarge has raised holcim cement prices from Rm16 to Rm18 per 50kg bad last month. So future trend for cement prices will be uptrending
To bid for projects against 1,000 others and not knowing cement price for certainty will be risky
Also as iron ore prices gone up due to Value iron ore mine flooding long steel prices also bound to increase
So construction companies will face margin squeeze
Stick to masteel as it will do better as it's feedstock is cheap scrap metal
Posted by InvestsucessTrader > 2019-06-16 19:40 | Report Abuse
Econbhd will starts first for groundworks,bridges, piling and hillslopes,etc Then only steel will be needed. I agreed Masteel will be top priority as it's also one of my portfolio but dormant since DEC ,
Posted by calvintaneng > 2019-06-16 20:58 | Report Abuse
Posted by InvestsucessTrader > Jun 16, 2019 7:40 PM | Report Abuse
Econbhd will starts first for groundworks,bridges, piling and hillslopes,etc Then only steel will be needed. I agreed Masteel will be top priority as it's also one of my portfolio but dormant since DEC ,
AM I SPEAKING TO A 15 YEAR OLD BEHIND THE KEY BOARD?
GROUND WORK PILING NEED LONG STEEL
BRIDGES NEED LOTS OF LONG STEEL
PILING ALSO NEED LOTS AND LOTS OF LONG STEEL
HILLSLOPES NEED STABILITY BY RETAINING WALLS = AGAIN LOTS OF LONG STEEL NEEDED
SEE
https://www.youtube.com/watch?v=xp9f2ZURD1s
https://www.youtube.com/watch?v=4KzDgQjWyHM
https://www.youtube.com/watch?v=Coeig9wdeIY
Posted by calvintaneng > 2019-06-16 21:05 | Report Abuse
The whole length of 688km for Ecrl needs lots of cement & also lots and lots of longsteel bars
for reinforcement against hill slope, embankment of low lying area, bridges, foundation & others
https://www.youtube.com/watch?v=z1fjaQbDvxI
Posted by InvestsucessTrader > 2019-06-16 21:08 | Report Abuse
@calvintan ,AM I SPEAKING TO A 15 YEAR OLD BEHIND THE KEY BOARD?
What about your Talam ,destini,Asia Pac, Mui ? I think you already bought Masteel,
Posted by calvintaneng > 2019-06-16 21:10 | Report Abuse
Why divert the subject?
We are talking about Long Steel Bars being used for ECRL construction
Others can be discussed in their respective treads
Posted by InvestsucessTrader > 2019-06-16 21:33 | Report Abuse
The technics and sophisticated skills with advanced machinery together with the concrete piling are the main menu in this type of project.In piling steel doesn't need much.
Posted by calvintaneng > 2019-06-16 21:36 | Report Abuse
the concrete piling are the main menu in this type of project
MAY I ASK
WHAT KIND OF CONCRETE PILES?
in this type of project.In piling steel doesn't need much.
HOW COME IN PILING STEEL NOT NEEDED?
Posted by calvintaneng > 2019-06-17 00:54 | Report Abuse
CEMENT PRICES UP BY 40% TO 50%?
KUALA LUMPUR (June 17): Cement manufacturers said today that cement prices in Peninsular Malaysia, which have been falling since 2016, have reached a level that is not sustainable, amid the various cost increases the industry is facing.
The Cement and Concrete Association of Malaysia said this in a statement today in response to various recent reports about cement price adjustments, though it said it cannot comment as cement prices that are independently set by each cement manufacturer based on their respective circumstances.
While it said its members understand the concerns expressed by their customers and participants in the construction industry, it stressed that the cement industry is highly capital intensive and hence needs to have a reasonable return on its investments in order to be able to meet the expectations of all its stakeholders.
In the statement, it also highlighted that the industry has been suffering from cost increases such as higher electricity tariffover the past few years following the withdrawal of the special industrial tariff or SIT, and the implementation of the imbalance cost past through or ICPT mechanism.
In addition, it said packing materials have become costlier following the increase in pulp prices, while imported fuel materials, engineering spares as well as equipment have further compounded the problem of rising costs.
"While the industry has been absorbing these cost increases, cement prices in Peninsular Malaysia have been on a downward trend since 2016 and have reached the level that is not sustainable.
"As a result of the significant margin erosion brought about by the declining cement prices and cost increases, the cement manufacturers have incurred significant losses and negative cash flows for the past many quarters.
"Collectively, the cement industry provides hundreds of thousands of jobs directly and indirectly. These jobs will be put at risk if the industry continues to operate at a loss," the association added.
According to news reports, cement suppliers have been notifying their customers that cement prices will be going up between 40% and 50% from July, with some taking effect from Saturday (June 15).
It was also reported that the Finance Ministry and the Domestic Trade and Consumer Affairs Ministry (KPDNHEP) will meet over the 50% price hike, after the Real Estate and Housing Developers Association Malaysia (Rehda), Penang Master Builders & Building Materials Dealers Association (PMBBMDA) and Federation of Malaysian Manufacturers (FMM) met with Finance Minister Lim Guan Eng yesterday here over the matter.
NO WONDER LAFARGE UP SO MUCH
NEXT LONG STEEL PLAYERS LIKE MASTEEL, ANNJOO & SOUTHERN STEEL WILL ALSO ASK FOR PRICE INCREASE DUE TO ECRL NEW IMPETUS
No result.
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calvintaneng
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Posted by calvintaneng > 2019-06-16 19:19 | Report Abuse
1000 construction companies vying for Ecrl jobs. Which ones to choose leh?
Very difficult to pin point
There is an easier way to invest
No matter who wins they will need to buy cement and long steel material for the 688 km Ecrl rail link
So just buy up cement and long steel companies
There are only a handful. So investing is so simple and easy