MALAYAN CEMENT BERHAD

KLSE (MYR): MCEMENT (3794)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

2.11

Today's Change

-0.04 (1.86%)

Day's Change

2.11 - 2.14

Trading Volume

117,500


2 people like this.

823 comment(s). Last comment by ChongLeeWoon 1 week ago

ks55

2,491 posts

ivanlau

1,180 posts

Posted by ivanlau > 2021-05-18 13:36 | Report Abuse

Insider news, Q1 result will be damn good, it is time to collect before QR release date.......

Inv2233

84 posts

Posted by Inv2233 > 2021-05-18 14:35 | Report Abuse

Will KYM next target of acquisition company?

gemfinder

6,813 posts

Posted by gemfinder > 2021-05-18 17:21 | Report Abuse

tqvm

TuTu1183

141 posts

Posted by TuTu1183 > 2021-05-18 17:34 | Report Abuse

Ivan Lau , q1 good and q2 also good??

Steve Ooi

256 posts

Posted by Steve Ooi > 2021-05-26 11:16 | Report Abuse

Kindly anyone can confirm on the rumour, Malaya Cement Q1 result will be RM 23.4 mil?
If yes, it seems like still cheap at current price, once YTL cement business merge things will definitely turnaround and road to RM 6 isn't an issue man.

Steve Ooi

256 posts

Posted by Steve Ooi > 2021-06-01 09:21 | Report Abuse

are you ready?

Posted by Airline Bobby > 2021-06-06 19:57 | Report Abuse

Once YTL approve the deal rm3.75 first... then depends on econmic recovery for construction. That time we ll see if Mcement as a monopoly will really head to RM6 or not

INVEST_AA

449 posts

Posted by INVEST_AA > 2021-06-10 15:41 | Report Abuse

anyone can enlighten the reason of recent down trend?

AlfI3

1,115 posts

Posted by AlfI3 > 2021-06-11 05:34 | Report Abuse

Privatisation b on d pipeline after wayang far a while at this disappointing prc level to instill investors selling back to dem.

Once dey accumulate enuf, will announce MGO timely

cktay

117 posts

Posted by cktay > 2021-06-14 22:46 | Report Abuse

Can anyone explain why 85m shares was placed out at such a low ridiculous price of RM2.79?
Why not place out at price closer to RM3.75? Whoever who bought at RM2.79 is laughing all the way to the bank. The 85m new shares listed today closed at RM3.00, the placement already made 21s.
After all in the MCement announced deal to take over YTL Cement's cement and ready-mixed concrete biz for RM5.16b, the new MCement shares and preference shares are to be issued at RM3.75.
RM3.75 per share incidentally is also the price YTL Cement paid for the acquisition of its 76.98% equity interest in Lafarge MCement way back in 2019.

cktay

117 posts

Posted by cktay > 2021-06-14 22:48 | Report Abuse

On another note, is it a good deal? MCement Bhd plan to buy 12 subsidiaries owned from YTL for RM5.16bil. These subsidiaries include three integrated cement plants held under Pahang Cement, Perak-Hanjoong and Straits Cement plus the ready-mixed concrete business, etc

The deal will transform MCement into a major cement player with an estimated 60%-65% market share in Peninsular Malaysia. Operation-wise, there would be efficiencies to reap from economies of scale. From a corporate governance perspective, the deal reduces concerns on recurrent related-party transactions. One big positive from the exercise is that the injection of YTL Cement’s assets, will fast track MCement’s path to profitability. While the latter has been loss-making over the past three years, YTL Cement has strong operational and financial profile. For the 9months ended 31st Mar, the YTL Cement’s segment had a revenue of RM3.2b and a whopping profit of RM435m. In contrast, MCement last Q revenue was RM374m and a pretax profit of RM4m.

Still believe that the price will slowly move towards RM3.75, otherwise minority shareholders will vote no to the deal. We patiently wait and see.

AlfI3

1,115 posts

Posted by AlfI3 > 2021-06-18 06:25 | Report Abuse

Any idea d 'targeted day to complete' this deal pls sifus?

AlfI3

1,115 posts

Posted by AlfI3 > 2021-07-06 06:44 | Report Abuse

All cement stocks dipped as MCO causing most construction activities cease for mths....! Hard times on d way

loyalok

145 posts

Posted by loyalok > 2021-09-09 08:08 | Report Abuse

profit recover for 2 q ,future bright with increase of cement selling price

enning22

2,806 posts

Posted by enning22 > 2021-09-27 14:36 | Report Abuse

property market sets to recovery by next year, as foreign investment improved on manufacturing , export boom, see what next.....

Posted by stockpro18 > 2021-10-12 15:16 | Report Abuse

return to profit already...so just a matter of time to go back to RM6

HuatAh8809

320 posts

Posted by HuatAh8809 > 2021-10-12 17:48 | Report Abuse

Check with my brother who is the contractor, he said Cement price increase Crazily..

So could be due to that, just like steel stocks, expect limit up at anytime

Posted by stockpro18 > 2021-10-13 06:44 | Report Abuse

yes, with current ASP of 250, (up 40%), mcement one year cab easily make 100 million.....and the company is currently monopoly in malaysia already...can easily increase price further....see you at RM6....

HuatAh8809

320 posts

Posted by HuatAh8809 > 2021-10-13 23:32 | Report Abuse

OK, tomorrow I will rush in to buy more then

Zenithopia

1,451 posts

Posted by Zenithopia > 2021-11-09 15:51 | Report Abuse

something brewing.

HuatAh8809

320 posts

Posted by HuatAh8809 > 2021-11-15 18:01 | Report Abuse

This quarter results is super super strong, everyone will get very stun when they release later

Posted by Limitup001 > 2021-11-20 20:13 | Report Abuse

why do u say so ?

HuatAh8809

320 posts

Posted by HuatAh8809 > 2021-11-22 06:25 | Report Abuse

Wait for this week results
.
Can't disclose too much..

Roy 8

340 posts

Posted by Roy 8 > 2021-11-22 09:13 | Report Abuse

Cement is a controlled item and action under the Control Of Supplies Act could be taken against industry players found to increase the price without the government’s approval, Saifuddin warned.

No increase in cement prices, says domestic trade minister ...

Come On

13 posts

Posted by Come On > 2021-11-24 15:32 | Report Abuse

wahhh, why drop so much,,,,,,,,,, i think i will die this time, i bought alot of warrant..............

Posted by valuewood11 > 2021-11-25 23:45 | Report Abuse

everyone stun for sure... results negatively strong. haha


HuatAh8809 This quarter results is super super strong, everyone will get very stun when they release later

LKOH

365 posts

Posted by LKOH > 2021-11-29 11:47 | Report Abuse

Best opportunity is now

Posted by investortrader88 > 2022-01-04 15:36 | Report Abuse

Managed to get some tickets at RM2.38 from my queue.good luck guys.

Posted by valuewood11 > 2022-02-24 19:32 | Report Abuse

Is thie quarter result good? How will it impact share price?

Ron90

3,636 posts

Posted by Ron90 > 2022-02-25 11:41 | Report Abuse

it reflect construction sector imprving.. cement is not for plantation or food..hehe

Posted by UncleFollower > 2022-02-26 20:14 | Report Abuse

Finally your 2.38 dont look too bad

investortrader88 Managed to get some tickets at RM2.38 from my queue.good luck guys.
04/01/2022 3:36 PM

Nepo

2,421 posts

Posted by Nepo > 2022-03-23 05:45 | Report Abuse

成本增逾30% 大马洋灰工业:无奈才调涨

大马洋灰工业(CIMA)董事经理沙鲁丁指出,目前洋灰价格的上涨是制造过程中使用的原材料价格上涨,尤其是国际市场上的煤炭价格。

https://www.enanyang.my/node/466623

Nepo

2,421 posts

Posted by Nepo > 2022-03-23 11:36 | Report Abuse

@investortrader88,
I see you here also, look like some of our investment methodology is quite alike..

Icon 888

1,527 posts

Posted by Icon 888 > 2022-04-06 01:19 | Report Abuse

Masuk la.. cement

nasgee

427 posts

Posted by nasgee > 2022-04-06 14:20 | Report Abuse

steadyyy cementtt...make it concrete solid...3 abv.

Posted by investortrader88 > 2022-04-06 18:37 | Report Abuse

Nepo

@investortrader88,
I see you here also, look like some of our investment methodology is quite alike..

2 weeks ago

Sorry late reply bro.just come to this forum.yes we hold some similiar stocks.

Nepo

2,421 posts

Posted by Nepo > 2022-04-07 11:50 | Report Abuse

Is
It's ok. We have bought below the right issue price RM 2.79, which is worth to keep for long-term

Posted by investortrader88 > 2022-04-07 12:41 | Report Abuse

@Nepo.yes bro.i will keep this recevory stock.

nasgee

427 posts

Posted by nasgee > 2022-04-08 09:40 | Report Abuse

yessss concreteee maaaa

Icon 888

1,527 posts

Posted by Icon 888 > 2022-04-13 22:39 | Report Abuse

Stingy

nasgee

427 posts

Posted by nasgee > 2022-04-21 09:13 | Report Abuse

vrommmm

Jack888

757 posts

Posted by Jack888 > 2022-04-21 09:37 | Report Abuse

I hope can touch 3.20 very soon.

Jack888

757 posts

Posted by Jack888 > 2022-04-22 16:27 | Report Abuse

Mcement hammer pattern....well supported MA9...next week should be doing something.

Posted by krutov258 > 2022-04-23 22:32 | Report Abuse

Bullish hammer ? @Jack888

Posted by ChongLeeWoon > 1 week ago | Report Abuse

Just realized the packaging bags of YTLCement is from KYM BHD subsidiary. Interesting.

Post a Comment
Market Buzz