Posted by wilsonchan87 > 2018-09-25 19:48 | Report Abuse

2.5-2.8 is good zone to accumulate

Posted by Jon Choivo > 2018-09-26 14:07 | Report Abuse

That is fidelity


====
Posted by wilsonchan87 > Sep 21, 2018 07:25 AM | Report Abuse

Notice got one foreign fund FIL LIMITED keep non stop buying for this

Posted by somersby > 2018-09-29 11:02 | Report Abuse

all time low

Posted by somersby > 2018-09-29 11:05 | Report Abuse

right issue coming

Posted by Pen6 > 2018-09-30 21:13 | Report Abuse

Free cement deliver to all share holders ?

Posted by shareinvestor88 > 2018-10-05 16:58 | Report Abuse

Sell n Run

Posted by somersby > 2018-10-08 20:37 | Report Abuse

FIL LIMITED keep on buying

Posted by somersby > 2018-10-12 20:15 | Report Abuse

everyday new low

Posted by somersby > 2018-10-12 20:16 | Report Abuse

sure below 1.00

Posted by somersby > 2018-10-13 08:25 | Report Abuse

from 10.00 drop to 2.60 , gone

Posted by ProsperousRealm > 2018-10-13 08:41 | Report Abuse

weak volume

Posted by IBestDividend > 2018-10-13 10:47 | Report Abuse

Break below 2.50, time to collecting

Posted by somersby > 2018-10-15 15:49 | Report Abuse

waitt below 1.00, from 10.00 down to 2.30 , huh die terrible

Posted by IBestDividend > 2018-10-15 21:54 | Report Abuse

When is best time to collecting?

Posted by apolloang > 2018-10-15 21:58 | Report Abuse

see my posts on page 6.....hahaha

Posted by Dragon88 > 2018-10-16 10:18 | Report Abuse

cement demand will continue to drop due to cancellation of big projects, thank to the new government. all the likelihood that price can go south, fall below RM 2

Posted by Pen6 > 2018-10-16 11:05 | Report Abuse

Wo, cheap sale like the cement price ! Offer offer still offer, murah murah lagi murah!

Posted by dompeilee > 2018-10-20 16:53 | Report Abuse

EPF running out of fund$, still has 61 million shares to dispose...don't stand in the way of a runaway train ah!

Posted by Pen6 > 2018-10-21 09:43 | Report Abuse

Walau no joke, run away train ! ! !

Posted by somersby > 2018-10-22 20:31 | Report Abuse

who buy who die

Posted by somersby > 2018-10-22 20:32 | Report Abuse

wait for 50sen

Posted by lafarge123 > 2018-10-22 21:04 | Report Abuse

expected another big losses on 3rd & 4th quarter results

Posted by lafarge123 > 2018-10-22 21:05 | Report Abuse

every single bag of cement sales at losses base on current selling price

Posted by Dragon88 > 2018-10-23 16:50 | Report Abuse

cement is basically a commodity and in the soft market, all cement players are competing based on price. Unless construction activities pick up, the cement price will continue to come under pressure

Posted by PotentialGhost > 2018-10-24 10:58 | Report Abuse

10cent

Posted by shpg22 > 2018-10-24 12:39 | Report Abuse

It has been 5 months since my last review and price has adjusting toward the target price of 1.95. Due to the continue subdue growth in construction & property industry, continued losses is expected. Fair price further reduced to 1.60 @ 0.5x NTA.

shpg22 Based on the expectation of slowing down in construction sector as a result of new gov policy, expect the demand for cement to be seriously impacted. LAFMSIA losses is expected to be intensified. Fair value is further reduced to 1.95 @ 0.6x P/B @ 40% discount to book.
30/05/2018 11:43

Posted by ronald118 > 2018-10-25 17:14 | Report Abuse

already bottom ard 2.00+-... all bad factor already price in... FIL accumulate a lots since sept2018...

Posted by JP01 > 2018-10-26 17:13 | Report Abuse

ECRL Project restarted, short term bounce for next week.

Posted by somersby > 2018-10-28 09:31 | Report Abuse

why fil limited keep buying? keep buying keep droping

Posted by Pen6 > 2018-10-31 09:46 | Report Abuse

May be cement can't cook curry chicken, like shit !!!

somersby all cement stock down like shit
05/09/2018 22:26

Posted by Godiva > 2018-11-09 23:28 | Report Abuse

Pn17 soon... economy bad.. lesser project.. more competitor

Posted by factorrumour > 2018-11-16 17:35 | Report Abuse

so beautiful... if only it was the other way round...

Posted by jackfruit > 2018-11-16 17:58 | Report Abuse

Heading toward bankruptcy. Cannot save anymore.Bad management.

Posted by shpg22 > 2018-11-16 18:01 | Report Abuse

Result deteriorated further as expected. Valuation remain unchanged at 0.5x NTA at lower fair price of 1.52

Posted by Godiva > 2018-11-19 18:09 | Report Abuse

Shrink to survive.. no shrink mean pn17 soon

Posted by ronald118 > 2018-11-28 16:07 | Report Abuse

hold it or die ...

Posted by Jack888 > 2018-11-30 15:47 | Report Abuse

温水煮青蛙 !

Posted by limkokthye > 2018-12-03 22:54 | Report Abuse

very very very cheap

Posted by Pen6 > 2018-12-07 15:55 | Report Abuse

Oh I see, it is cheap not shit. Is Cooking curry chicken possible?

Posted by Dragon88 > 2018-12-11 17:16 | Report Abuse

Break RM 2 support level.Look like heading towards RM 1.50
Keep your fingers crossed.

Posted by KAQ4468 > 2018-12-11 17:17 | Report Abuse

aiyaaaa


simen pun sudah terak wooooo


next !!!


kah kah kah

Posted by limkokthye > 2018-12-11 23:30 | Report Abuse

lafarge c liao

Posted by Adam Ong > 2018-12-13 01:37 | Report Abuse

Going to short for this counter.

Posted by shareinvestor88 > 2018-12-16 00:14 | Report Abuse

Sell TP 1

Posted by PenguinDad > 2018-12-21 19:22 | Report Abuse

going down below RM1.00 WOW

Posted by limkokthye > 2018-12-21 23:45 | Report Abuse

wait 50sen to keep some cement

Posted by commonsense > 2018-12-24 10:29 | Report Abuse

3Q18 result marks the 7th consecutive quarterly losses by Lafarge. And things are not expected to be any better in the near to mid term given the depressing cement price (of around RM186/tonne) which was affected by the softer demand from the construction and property sectors but also due to the oversupply of cement in the Peninsular market. Most cement companies had decided to expend their capacity earlier to take advantages of the potential high demands from mainly the big government projects (MRT, LRT, ECRL, HSR etc). But all these demands evaporated when the new government had decided to cancel, hold off or scale down most of these projects.

None of the analyst that are covering this company are projecting any profit in 2019. Investors need to be prepared for the company to continue posting loses up to FY19 at least albeit at a lower level thanks to the management cost rationalisation plans to be implemented in the near to mid-term. Any turnaround will still depend on the improvement of the cement price which will only happen if the government decides to refocus back on infrastructure spending.

If you are looking to diversify your portfolio outside of Lafarge (due to perceived future negative earnings in the near to mid-term), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.5x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19 and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.18.

Good luck.

Posted by shpg22 > 2019-01-04 23:11 | Report Abuse

Aminvest now only downgrade to 1.52. Too late lo.

shpg22 Result deteriorated further as expected. Valuation remain unchanged at 0.5x NTA at lower fair price of 1.52
16/11/2018 18:01

Posted by RVI123 > 2019-01-07 16:39 | Report Abuse

Restart of ECRL will be a good new to Lafarge Malaysia. LafargeM is the cement and readymix supplier for ECRL.

Posted by RVI123 > 2019-01-07 18:29 | Report Abuse

ECRL will resume soon. Negotiations is ongoing with the contractor, CCCC.