I think this round things might not turn out as you expected.
Although Job Awards go to Gadang, TRC & others. Contracting jobs got risk
1) Risk of not getting enough legal workers. Pengerang & Iskandar have taken up a large majority of workers. Highly skilled workers have gone to Singapore as Sing Dollar is 3X more than ringgit.
Even BPuri Supervisors are asking for workers now.
2) Risk of long steel prices running up. As China Smog is causing the close down of inefficient mills in China less steel will be produced in China.
Another thing is Trump's US1 Trillion or Rm4.55 Trillions Infrar works for USA. This will bound to push up iron ore & steel prices all over the world
So these 2 factors - cost of labour & escalating cost of construction material might eat into the overall cost for Construction players.
As such I think Masteel being construction material would be a better buy.
Posted by calvintaneng > Mar 13, 2017 08:47 PM | Report Abuse X
Posted by culbertlim > Mar 13, 2017 08:44 PM | Report Abuse
Better don't let your people come out and attack other's stock please got one people call CALVINTANENG better call him to shutup stfu and sto attacking GADANG while promoting his super MASTEEL in his blog thank you
https://agmetalminer.com/2017/02/14/china-steel-output-rises-can-the-steel-industry-rely-on-chinas-promises/ Please see the observation at China steel mill. Generally output keep increasing, price could stabilised on current level or slightly down trend. Let's see Hiap Teck coming quarter result, I believe it will turn into black but with very thin profit. Just forget all the comments from Calvin, he just want to promote Masteel. Sitting inside the cave to comment about sun and moon.
Zexon, I think that was for year 2016. As Beijing is shrouded in smog China has clamped down further on steel production by now.
Look out for Trump US$1 Trillion Infrar jobs. This is a sure thing. Years back I drove to Hoover Dam and Lake Mead. The roads there were terrible like driving through some kampung road. So will US Steel mill rise up in production. No matter what. Demand for steel will increase for year 2017 and 2018.
No! Calvin told moneySIFU to buy Masteel around 66 cts. Then Masteel suddenly jumped to Rm1.06. So Calvin has to let go Masteel into strength.
Now that Masteel has corrected and I think moneySIFU still there and with Lulu La complaining that I neglected them I just mentioned Masteel as I see fit.
So think with a broader mindset.
When I pass remarks it is for discussion.
I am tired of the outburst and I think I will go back to my focus on
Stockmanmy , sometimes I see u and Calvintan is like Father & Son. Seriously , u shud adopt this poor ill brad idiot Calvin. Then, u can pass him your Dynamite Investment day n nite.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KLCIraider
84 posts
Posted by KLCIraider > 2017-03-13 14:19 | Report Abuse
why give the answer.... let people guess lol....hahaha