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.
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
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.
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)
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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....
cktay
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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.