Posted by petracot > 2012-10-08 15:09 | Report Abuse

Last week saw the spectacular rise of Lafarge from RM9 to the high of RM10. However, the share price retreated to RM9.40 at the close of the week. Judging from today's recovery to RM9.60 with strong volume (at 3.05), it appears that appreciation of Lafarge share price is more than just a flash in the pan. There was a single cross trade deal of 500,000 shares at RM9.59 early in the afternoon session.

We do not know exactly the reasons behind the recent price rise of Lafarge. It could be any of the following factors: tight cement supply, increasing cement demand, foreign fund buy, potential high dividend payout and capital repayment or even possibility of privatization. Really, nobody knows. As long as the momentum continues, there is money to be made. Happy trading!

Posted by kcfan > 2012-10-08 20:35 | Report Abuse

The third quarter is expected to further strengthen the performance of the asset to go to zero debt, do not rule out that will expand the capital back to back, or reward investors through high dividend returns.Thanks Petracot on close follow up.

Posted by dknycom > 2012-10-08 23:02 | Report Abuse

THIS COUNTER WILL CATCH UP WITH TASEK CEMENT PRICE VERY SOON.
ABOVE RM 11.00 BY FRIDAY.

Posted by petracot > 2012-10-08 23:02 | Report Abuse

Another good day for Lafarge, climbing 40 sen to closed at RM9.80 per share. Incidentally, Maybank IB recently has a write up on Lafarge, painting a rosy picture for the next few months. Maybank has a target price of RM10.10 for Lafarge. They opine that there is possibility of Lafarge to distribute capital repayment of 58 sen in addition to 38 sen of annual dividend. The decision could be made by the Board of Lafarge as soon as November 2012, according to the report.

This is just an analysis and opinion of the Maybank IB. The probability is there but please take it with a pinch of salt.

Posted by dknycom > 2012-10-09 07:19 | Report Abuse

expected will breaking RM 10 above today. TP RM 11 by this friday.

Posted by dknycom > 2012-10-09 09:26 | Report Abuse

LMCEMENT trying to break RM 10 resistance level today.
Should be no problem after 10.30am.

Posted by cheeseburger > 2012-10-11 15:17 | Report Abuse

If the analysis is correct, shareholder will be expecting 58sen/shr capital distribution potential and expectation of 16sen/shr. Total 74sen/shr in potential with finger cross...
We'll see what is coming out from upcoming board meeting in Nov 2012...

Posted by petracot > 2012-10-12 12:46 | Report Abuse

Lafarge has come to the great wall of RM10 apiece. It touched and bounced back, several times. For Lafarge to punch through this great wall, it requires very very bullish factors. One of the following could do the job: announcement of big capital repayment or exceptionally good 3Q results to be released end of November. These are all uncertain and unknown factors. Sit back and watch if anything would happen.

Posted by dknycom > 2012-10-18 16:28 | Report Abuse

LOOKS LIKE INVESTORS FROM TASEK HAS SWITCHED TO LMCEMENT TODAY.
NOW IS LMCEMENT TURN FOR CLIMBING HIGHER.

Posted by cheeseburger > 2012-10-19 15:35 | Report Abuse

10 is the barrier to break soon. Once over, smooth sail all the way...

Posted by dknycom > 2012-10-19 15:38 | Report Abuse

IF IT CAN BREAK RM 10 ABOVE. THE HE MAY BECOME " TASEK 2 " VERY SOON.

Posted by Voon Soon Yoong > 2012-10-19 15:41 | Report Abuse

tasek has a pe of 15 whereas lmcement pe of 25.. overpriced

Posted by Voon Soon Yoong > 2012-10-19 15:43 | Report Abuse

tasek also currently has a div yield of 8%.. with NTA 7-8.. whereas lmcement div yield 3-4% with NTA only 3-4..

Posted by dknycom > 2012-10-19 15:45 | Report Abuse

Sometimes, everything may happened!!!

Posted by cheeseburger > 2012-10-24 09:46 | Report Abuse

Yes, hit 10 already...

Posted by dknycom > 2012-10-24 09:48 | Report Abuse

Can go higher today. Watch it...

Posted by cheeseburger > 2012-10-24 09:54 | Report Abuse

Maybe some good news is on the way...very active trade

Posted by dknycom > 2012-10-24 10:03 | Report Abuse

YA. RM 10.10.

Posted by cheeseburger > 2012-10-24 10:09 | Report Abuse

Could link to high probability of capital repayment? anyway is going to annouce soon...

Posted by petracot > 2012-10-25 11:48 | Report Abuse

Lafarge broke through the RM10 barrier yesterday,but the victory was short-lived. The share price fell back to under RM10 level this morning again. It would take more than speculative interest for the counter to push through and maintain above the RM10 level.

One other factor that may positively influence Lafarge performance is Iskandar development in Johor. With Singaporean investors flocking to the region to develop industrial, commercial and educational properties, the demand for cement will inadvertently increase. Iskandar Region is a massive development corridor; when constructions are in full swing, lots and lots of cement will be required. Perhaps, this is one factor that will provide the catalyst needed to propel Lafarge beyond the RM10 mark.

Posted by Lotusf1 > 2012-10-25 19:13 | Report Abuse

Fundamental for momentum still strong ;today ,profit taking for hari raya eid!it willl cross back to rm10,this monday.

Posted by kcfan > 2012-11-01 20:58 | Report Abuse

Next counter to find the exit door is LMcement before GE13.

Posted by HtwoO > 2013-08-28 09:57 | Report Abuse

basket..too tempted....i'm going for a harakiri.....yee haa!!! :)

Posted by HtwoO > 2013-08-28 10:13 | Report Abuse

short sell some more la.....show me your balls !

Posted by HtwoO > 2013-08-28 11:43 | Report Abuse

yes...burn burn burn the short seller

Posted by HtwoO > 2013-08-28 17:42 | Report Abuse

harakiri not successful today

Posted by cheeseburger > 2013-09-05 14:18 | Report Abuse

PETALING JAYA: Cement maker Lafarge Malaysia Bhd said the increase in fuel prices would have a definite effect on the cost of its products.

“The increase would naturally have an impact on businesses in terms of transportation cost for both production and delivery to the market,” said a spokesman from the company.

http://www.thestar.com.my/News/Nation/2013/09/05/Cement-industry-set-to-feel-impact-of-petrol-hike.aspx

Posted by choonhock > 2013-12-13 20:09 | Report Abuse

what happen to this counter? it cannot compete with Tasek?

Posted by yloon > 2013-12-16 05:22 | Report Abuse

it shows sudden drop, must set a cut loss price before it is too late.

Posted by 4u2c > 2013-12-22 15:55 | Report Abuse

Tasek also not doing well............

Posted by dknycom > 2014-01-04 16:23 | Report Abuse

HIGHER COST sure will get LOWER MARGIN.
Wait for another lowest RM 8.25 next week.

Posted by choonhock > 2014-01-06 15:20 | Report Abuse

http://www.freemalaysiatoday.com/category/business/2014/01/06/cemex-concrete-to-supply-mrt-project/

Posted by Rachel Lee Lingwooi > 2014-01-06 16:46 | Report Abuse

dknycom, will go down to RM8.25? It seems to rebound.

Posted by choonhock > 2014-01-06 20:38 | Report Abuse

amazing..over 7000 lots is done at last 5 minutes.

Posted by choonhock > 2014-01-06 20:43 | Report Abuse

be prepare for the rise :)

Posted by choonhock > 2014-01-10 12:46 | Report Abuse

sigh..heading to holland

Posted by dknycom > 2014-01-10 19:53 | Report Abuse

As estimated by last week.
Looking forward to next support line at rm 8.00.

Posted by choonhock > 2014-01-13 15:52 | Report Abuse

yes...close to rm8

Posted by dknycom > 2014-01-13 18:02 | Report Abuse

Looks like price will break support line of RM 8 anytime next few days.

Posted by cheeseburger > 2014-01-15 11:45 | Report Abuse

why this stock go diving?

Posted by choonhock > 2014-01-15 12:16 | Report Abuse

Because ppl think that RPGT will reduce the new house launching. So, less house less cement can be sell. :p .But cement not only just use in housing delopment.

Posted by cheeseburger > 2014-01-15 12:48 | Report Abuse

no la...dont think so. Tasek share also drop. Something is going on for cement stock.

Posted by choonhock > 2014-01-15 13:44 | Report Abuse

Then what is the reason? the company profit is increase why the price is drop?
Tasek is in down trend also.

Posted by bluebird > 2014-01-15 14:07 | Report Abuse

might be under same basket of fund .....when the fund sell to meet redemption requirement, i believe all the portfolio in the same basket will be sold down.....

look at Aeon, Aeon Credit, MAHB, Tasek, Larfarge, Panamy, etc....

Posted by xenolover > 2014-01-15 16:08 | Report Abuse

some foreign is withdraw, almost every day there is net selling from foreign investor in share market. Now people is focusing O&G sector. Good time to accumulate.

Posted by twngxxxx > 2014-01-17 07:34 | Report Abuse

dividend soon to be out = 15cent.....
quarter 4 result will be better than previous Q4........
Profit & revenue is going to better than last year......
time to accumulate...........

Posted by choonhock > 2014-01-20 16:47 | Report Abuse

someone want to sell 100 lots at 8.14. Let see how this Screen maker work. :)

Posted by choonhock > 2014-01-20 16:48 | Report Abuse

Data entry error again?

Posted by choonhock > 2014-01-20 16:51 | Report Abuse

haha..wayang kulit. That fellow cancelled it. lol.

Posted by eftee > 2014-01-20 17:14 | Report Abuse

choonhock, what cancelled? I think he sees it going up changes mind. Want to sell higher later