Unless Lafarge can reduce production cost to be on par with other cement manufacturers and also improve plant performance, the company will in the red for many quarters to come
Gabungan AQRS Bhd, George Kent (M) Bhd, HSS Engineers Bhd and Lafarge Malaysia Bhd will heavily sell down due to ecrl termination. sell 1st talk later.
A CYCLICAL IS A COMPANY THAT DEPENDS ON CERTAIN CYCLES OR TIMES WHEN ECONOMY IS GOOD
Like selling durian
Only once or twice a year the durian seller is doing good business when the fruit is in season. At other times no durian so no business
Same goes for a cement company as well as long steel company
They both depend on High Impact Infrar projects that need massive amount of cement & long steel - Like building highway, housing boom time that see lots of high rise buildings being constructed or ports, airports or any BIG PROJECTS THAT NEED CEMENT & LONG STEEL
After PH Govt came to power all Highly expensive projects like HSR & ECRL As Well as Others were cancelled
So Less demand for cement led to poor sales & Lafarge share price chrashed
NOW IS THE OPPOSITE
PH GOVT HAS RECOVERED SOME LOST MONIES from 1MDB, AND LATEST IS A SPECIAL EXTRA DIVIDEND OF RM30 BILLIONS FROM PETRONAS
SO GOVT HAS MORE CONFIDENCE & WILL RESTORE THE ECRL
THIS SINGLE 600 KILOMETER LENGTH OF RAIL LINE WILL NEED LOTS OF CEMENT FROM LAFARGE
AND LAFARGE HAS THE NEAREST CEMENT PLANT IN RAWANG WHICH IS ONLY 6 KM FROM SERENDAH TO WHICH ECRL WILL PASS
TASEK CEMENT IS LOCATED IN PERAK. SO THEY ARE DISADVANTAGED
ESPECIALLY FOR CEMENT TRUCK MIXER CARRYING FRESHLY MADE CEMENT & AGGREGATE
ONCE THESE CEMENT TRUCKS LEAVE THE CEMENT PLANT WITH FRESH DELIVERY THEY MUST REACH THEIR DESTINATION IN ONE HOUR OR THE CONTENT WILL BE REJECTED
The seller may seek to value the Philippines assets at around US$2.5bil, though some suitors have indicated they think the business is worth less, the people said. A rival seeking to purchase all of LafargeHolcim’s plants in the country may face antitrust issues, which could make it more difficult to find a single buyer, they said. If the business is sold, the next disposal candidate would be Malaysia, they said.
this nenek Calvin suddenly appeared in this forum..and trying to become champion again .. Lafarge already fly started on March 6, your posting on 9 March, obsolete already la. People dont need your outdated recommendation la. You already missed the boat. Please get lost and don't keep on spamming forum thread again la. Get a life bro..
Calvin, you are no less than KYY, attention seeker....please get a life ler,,:-p
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Dragon88
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Posted by Dragon88 > 2019-01-16 13:00 | Report Abuse
Unless Lafarge can reduce production cost to be on par with other cement manufacturers and also improve plant performance, the company will in the red for many quarters to come