Posted by cktay > 2023-07-06 22:20 | Report Abuse

Presently, MCement has the largest market share of 65%, followed by CIMA 19%, Hume 9%, Tasek 6%
https://www.bondsupermart.com/bsm/article-detail/malayan-cement-s-completes-acquisition-of-ytl-cement-positioning-itself-for-market-leadership-RCMS_262545
The MCB Group is the largest cement producer in the country. It operates four integrated cement plants – in Langkawi, Kanthan, Padang Rengas, and Bukit Sagu. A fifth, the 71-year old plant in Rawang, is undergoing planned refurbishments. The Group also operates four grinding stations, three cement terminal facilities, and two cement depots.
The integration of YTL Cement businesses in Malaysia under MCB has delivered logistical and cost synergies, to better serve customers. The strategic coastal location of MCB’s Langkawi Plant with its direct sea access allows the Group to export clinker and cement competitively, and provide clinker by sea to the two grinding stations in the South.
The MCB Group has 72 ready-mixed concrete batching plants across Peninsular Malaysia and three quarries in Pantai Remis in Perak, Hulu Langat in Selangor and Kota Tinggi in Johor. The Group’s concrete division is the supplier of choice for complex and large-scale infrastructure projects, supplying technically sophisticated products to meet the evolving needs of construction projects in the country.
The concrete division’s network of operations throughout Peninsular Malaysia allowed the Group to fully capitalise on development opportunities, while simultaneously supporting our customers nationwide.
Our aggregates quarries also continued to perform despite challenging conditions. The Kota Tinggi Quarry stepped up its export of quarry products to Singapore and our Pantai Remis Quarry was able to effectively capitalise on the quarry product shortage in the Northern market.

Posted by cktay > 2023-07-06 22:20 | Report Abuse

What determines the profit outlook?
a) Cement price
CIMB’s Chong said ….“ASP has risen by 11% over the past six months to RM410-420/mt …..
It is quite hard to find quoted price/chart of bulk cement for M’sia for tracking purpose
eg S’pore’s available … https://www.statista.com/statistics/993391/market-price-bulk-cement-singapore/
The average price of cement (Ordinary Portland) also increased 1.1 per cent to RM22.40/ 50 kilogramme (kg) compared to RM22.15/ 50 kg in February 2023
https://www.businesstoday.com.my/2023/04/07/stats-depts-finds-steel-cement-prices-continue-to-rise-in-march/
10 Mar 2023 — In a statement today, DoSM said the average price of cement (ordinary Portland) rose 1.5 per cent to RM21.99 per 50 kilogrammes (kg) from RM21.
https://www.bernama.com/en/business/news.php?id=2171885
I believe a small increase in asking price can make a lot of difference in profit.
Eg can also be seen in the smaller competitor, HumeInd. Q2 EPS shot up from 0.89s to 5.36s for Q3 reported on 16th May 2023

Posted by cktay > 2023-07-06 22:21 | Report Abuse

b) Revenue / Projected demand for cement.
Budget 2023: Infrastructure projects to be accelerated this year, says PM
NST - February 24, 2023
Eg of current projects include MRT3, ECRL, Penang South Island, JB-S’pore Rapid Transit System, West Coast Expressway, etc
Projects that many not aware of …. “Gov't approves three highway projects in Klang Valley - PJD Link, Putrajaya-Bangi expressway and KL NODE” https://paultan.org/2022/05/24/govt-approves-three-highway-projects-in-klang-valley-pjd-link-putrajaya-bangi-expressway-and-kl-node/
Possible revival of the HSR https://www.thestar.com.my/news/nation/2023/05/12/both-countries-keen-to-revive-hsr-project

Posted by cktay > 2023-07-06 22:21 | Report Abuse

c) Input price risks
Escalating raw material and coal prices, higher shipping costs and the US dollar appreciation against the ringgit can affect margins. Coal especially which is imported.
Even this article written on 13 Jan 2023 is already outdated https://www.cemnet.com/News/story/174125/malaysia-cement-pricing-highs.html#:~:text=To%20meet%20some%20way%20in,Malaysia%20on%2018%20November%202022
Check this link …. https://tradingeconomics.com/commodity/coal
Coal (USD/ton) has drop from 400 to 140 presently.
(However electricity price has gone up because govt stopped subsidy)

Posted by Nepo > 2023-07-16 16:38 | Report Abuse

Good News to Malaysia Cement

https://sarawak.sinchew.com.my/20230714/140032kc1100-4/

Posted by Ahkok > 2023-07-20 18:28 | Report Abuse

Why a sudden drop?

Posted by hng33 > 2023-07-21 16:52 | Report Abuse

bought mcement at 3.00

Posted by speakup > 2023-07-23 21:17 | Report Abuse

drop is to give u opportunity to buy mah

Posted by Icon 888 > 2023-07-24 15:06 | Report Abuse

Stay strong

Posted by Icon 888 > 2023-07-24 15:06 | Report Abuse

Rm3.70

Posted by troy88 > 2023-07-25 11:43 | Report Abuse

Should bounce back. Retracement recently was correction after bull run..

Posted by hng33 > 2023-07-25 14:45 | Report Abuse

sold mcement at 3.10, swap to buy ytlp

Posted by Nepo > 2023-07-29 06:42 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E9%9A%86%E6%96%B0%E9%AB%98%E9%93%81%E2%80%9C%E5%A4%8D%E6%B4%BB%E2%80%9D%E5%9C%A8%E6%9C%9B-%E6%9D%A8%E5%BF%A0%E7%A4%BC%E6%9C%BA%E6%9E%84%E6%96%99%E7%AA%81%E5%9B%B4

Posted by Gun8811 > 2023-08-08 23:31 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/08/08/building-on-the-uptrend

Posted by troy88 > 2023-08-17 09:34 | Report Abuse

Will ride on the surge of YTL. Hume also

Posted by troy88 > 2023-08-18 12:39 | Report Abuse

the YTL effect!

Posted by Cryptolover > 2023-08-18 13:12 | Report Abuse

the rocket has launched!

Posted by dragon328 > 2023-08-18 14:27 | Report Abuse

MCement will either report a super good quarterly result next Friday or will see a favourable corporate exercise coming soon

Posted by troy88 > 2023-08-18 14:50 | Report Abuse

new uptrend wave started together with Hume. Will surpass RM4 soon..

Posted by troy88 > 2023-08-18 15:04 | Report Abuse

Broken RM4, more to come. This volcano just waited to erupt after state elections

Posted by dragon328 > 2023-08-18 15:21 | Report Abuse

MCement is only playing catchup, Hume cement has doubled its share price. MCement should double also to RM4.50

Posted by troy88 > 2023-08-18 15:35 | Report Abuse

Mcement was above RM10 in it's glory years

Posted by Cryptolover > 2023-08-18 15:37 | Report Abuse

my estimation mcement should be easily above RM5, that was even before lafrage is added with ytl cement so now it NTA is way higher

Posted by dragon328 > 2023-08-18 17:04 | Report Abuse

Yes, fundamentally MCement should be worth over RM5.00 by any measure

Posted by wahidul > 2023-08-18 19:37 | Report Abuse

cement industry is booming,Hume and Mcement will have good qr coming

Posted by Yezzy99108 > 2023-08-21 15:42 | Report Abuse

why this MCEMENT is not moving up organically but crashed down. Is this YTL step son?

Posted by Icon 888 > 2023-08-23 21:28 | Report Abuse

Game over lo

Posted by facsc118 > 2023-08-24 18:03 | Report Abuse

dividend 6cents

Posted by troy88 > 2023-08-25 09:55 | Report Abuse

Bilis who cut loss on sell on news got eaten up by sharks

Posted by Cryptolover > 2023-08-25 11:44 | Report Abuse

steady hands will win in the long run

Posted by enning22 > 2023-08-25 16:40 | Report Abuse

normal correction, on profit taking.

Posted by enning22 > 2023-08-30 15:57 | Report Abuse

today nicely recovered

Posted by BursaVulture > 2023-09-09 01:42 | Report Abuse

Cement manufacturer Associated Pan Malaysia Cement (APMC) (YTL Cement) has won an appeal to evict a century-old Buddhist monastery located on land in Gunung Kanthan, Perak.

https://www.freemalaysiatoday.com/category/nation/2023/09/08/cement-company-wins-appeal-to-evict-century-old-perak-monastery/

Posted by Akiraku > 2023-10-05 08:19 | Report Abuse

Will this share perform?😐

Posted by TiGongPoPiPopi > 2023-10-29 10:22 |

Post removed.Why?

Posted by Sami_Value > 2023-11-09 15:35 | Report Abuse

goreng liao

Posted by dragon328 > 2023-11-09 15:38 | Report Abuse

Finally after 2 quarters of false start

Posted by troy88 > 2023-11-09 15:50 | Report Abuse

Coming back!

Posted by Apastock > 2023-11-09 15:53 | Report Abuse

wah.. let's hit

Posted by Sami_Value > 2023-11-09 16:09 | Report Abuse

2 more week Qr release.

Posted by cktay > 2023-11-09 16:12 | Report Abuse

This stock is a laggard compared to YTL and YTLPower.
Hope to see more action soon

Posted by cktay > 2023-11-09 16:18 | Report Abuse

https://paultan.org/2023/11/09/ipoh-kl-high-speed-rail-being-reviewed-project-would-cut-travel-time-between-two-cities-to-40-minutes/
While the move to reactivate the KL-Singapore high-speed rail (HSR) continues, another such project might overtake its development and become the first HSR route in the country, Sin Chew Daily reports.

Posted by cktay > 2023-11-09 16:20 | Report Abuse

https://focusmalaysia.my/ipoh-kl-high-speed-likely-to-supersede-kl-singapore-hsr-shorten-travelling-time-to-40-mins/

Posted by Cryptolover > 2023-11-10 07:29 | Report Abuse

finally mr market starting to recognise this value

Posted by Nepo > 2023-11-10 08:50 | Report Abuse

This RM 4.00 is a very important supporting level.
First thing first need to stay firmly at RM 4

Posted by Nepo > 2023-11-10 09:15 | Report Abuse

Now it is a great time to see if the operator going to support the price at RM 4 or not?

Posted by Nepo > 2023-11-10 09:35 | Report Abuse

Anyone profit taking?
Pls share..

Posted by Nepo > 2023-11-10 09:38 | Report Abuse

see any major support at 3.85..further than that then most probably recent rebound is a fake one..

Posted by troy88 > 2023-11-16 11:05 | Report Abuse

Too much pump and dump by dirty operator and sharks

Posted by Nepo > 2023-11-17 18:51 | Report Abuse

MSCI GLOBAL STANDARD INDEXES
The following are changes in constituents for the MSCI Global Standard Indexes
which will take place as of the close of November 30, 2023.

MSCI GLOBAL SMALL CAP INDEXES
The following are changes in constituents for the MSCI Global Small Cap Indexes
which will take place as of the close of November 30, 2023.

MSCI Malaysia Index
Addition: 3 (Boustead Plantations, Malayan Cement, UEM Sunrise)
Deletion: 2 (Dagang Nexchange, Hextar Tech Soln)