TASEK CORPORATION BHD

KLSE (MYR): TASEK (4448)

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Last Price

5.80

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


4 people like this.

271 comment(s). Last comment by OldWiseMan100 2020-08-12 00:07

Posted by Sharmila Rao > 2019-04-06 17:03 | Report Abuse

Hi...should I buy tasek now? Y is the price going up now?

Posted by runningloh > 2019-04-12 11:56 | Report Abuse

Rubbish share. Run

Posted by runningloh > 2019-04-17 12:33 | Report Abuse

ECRL revived already also cannot up.Totally rubbish share.

calvintaneng

53,197 posts

Posted by calvintaneng > 2019-04-26 09:16 | Report Abuse

VERY GOOD

Those who missed TASEK CEMENT can consider KPS

KPS has Cenbond which supplies cement bags to TASEK

If TASEK doing well Cenbond by proxy should also do well

So KPS will do well do to its almost 100% ownership of Cenbond

SINCE KPS STILL A LAGGARD & TASEK HAS BROKEN OUT INTO A BULL RUN

BEST OPPORTUNITY NOW TO TAKE POSITION IN KPS

PLUS ONE GOOD SPECIAL DIVIDEND COMING FOR KPS SOON!

lazycat

899 posts

Posted by lazycat > 2019-04-30 17:37 | Report Abuse

local cement players tasek , ytl , lafarge all holland just like steel industry , because of china steel and cement overproduction ,it drive down the price everywhere in the world

小糖

65 posts

Posted by 小糖 > 2019-04-30 18:37 | Report Abuse

laugh die me, wahahahaha . Play Bandar Malaysia theme & contruction theme some more la....

shpg22

2,984 posts

Posted by shpg22 > 2019-05-02 11:02 | Report Abuse

Maintained strong sell at 2.70. Dividend expected to be 0 for years to come.

ivan9511

3,854 posts

Posted by ivan9511 > 2019-05-02 15:57 | Report Abuse

Funny .
Act like this.
Government fund come in ?????

Posted by 10156838441470042 > 2019-05-03 11:36 | Report Abuse

why today so bad

calvintaneng

53,197 posts

Posted by calvintaneng > 2019-05-29 02:01 | Report Abuse

ATTENTION ALL (CALVIN TAN RESEARCH LATEST INFORMATION)

HONG LEONG BOSS QUEK LENG CHAN IS OFFERING RM5.50 TO TAKE TASEK CEMENT

THIS WILL MOST PROBABLY BE OUTRIGHT OFFER AND DELISTING OF TASEK CEMENT SHOULD THE DEAL GOES THROUGH

MORE THAN 10 YEARS AGO WHEN TASEK CEMENT WAS ABOUT RM3.50 HONG LEONG OFFERED TO TAKE TASEK CEMENT AT RM3.80

IT WAS DONE WITH THE LISTING STATUS INTACT. TASEK LATER SURGED OVER RM16 IN ITS CYCLICAL UPTREND

WITH YTL TAKING LAFARGE PRIVATE AND NOW HONG LEONG TAKING TASEK PRIVATE THERE MIGHT BE A CARTEL FOR CEMENT IN MALAYSIA = LEADING TO HIGHER PRICES IN THE FUTURE

THE DAYS OF CEMENT PRICE WAR WILL BE OVER

HOLCIM HAS JUST RAISED ITS CEMENT PRICE FOR 50KG BAG FROM RM15 TO RM18 (UP 20%). HOLCIM BELONGS TO LAFARGE

WHO WILL BENEFIT?

ALL CEMENT COMPANIES

ALL COMPANIES WHICH OWN HARD ASSETS LIKE BUILDINGS, MALLS, OFFICES, SHOPHOUSES WHICH ARE ALREADY COMPLETED

THE BIGGER THE BETTER

EXAMPLE: ASIAPAC WHO OWNS THE HUGE IMAGO MALL IN KK

ALREADY OVER RM1 BILLIONS IN BOOK VALUE. WITH HIGHER COST OF CEMENT & BUILDING MATERIAL IMAGO MALL VALUE WILL GO UP

ALL OTHERS ALSO BENEFIT IF THEY HAVE HARD SOLID ASSETS LIKE BUILDINGS

calvintaneng

53,197 posts

Posted by calvintaneng > 2019-05-29 12:01 | Report Abuse

The cement price war lasted till last week

When holcim was selling for Rm15.00

Ytl cement was as cheap as Rm13.00

Ytl cement always underprice holcim by Lafarge to capture market shares

Now with Ytl taking over Lafarge no need for cement price war any more.

The Malaysian consumers must be prepared for higher cement prices and in turn higher house prices

So this will be inflationary

Better go buy a house or apt if you don't have one.

Or else one day you will find it impossible to own a landed house like in Hong Kong or Singapore

Don't waste your monies on expensive cars which will depreciate over time

Buy an appreciating asset like a landed house

Over time cement prices will now continue to rise and rise in Malaysia

And these were the cement companies taken over through the years

Mui Group sold Pm Cement. Then changed name to Pm Corp

Ytl Cement took over Hajoon cement from Gopeng. Later Ytl group took Ytl cement private

Cima (cement industry of Malaysia associated) took private by UEMS

Now Lafarge taken private by YTL Group

Hong Leong proposed to take Tasek cement private.

Looks like there will be less and less listed cement companies?

Once they form a private cartel expect cement prices to cross Rm20 per 50 kg bag and house prices expected to go up by another 20% or more

What you should do to protect yourself from inflation

1. Go quickly and buy your dream house or Apt if in Kl, Selangor or Penang (Don't buy apartments in Johor. In Johor must only buy landed houses)

Buy Companies with high assets in Real estates, malls, shops, offices, warehouses or other hard assets as these expected to rise in price due to inflation

Cash on its own will go down in value as paper currency will continue to depreciate.

Or follow Calvin buy winning stocks to protect from the ravages of inflation

Dragon88

153 posts

Posted by Dragon88 > 2019-06-03 16:16 | Report Abuse

Calvin, what winning stock you recommend ?

Dragon88

153 posts

Posted by Dragon88 > 2019-06-03 16:16 | Report Abuse

should i keep or sell tasek now ?

thx2012

197 posts

Posted by thx2012 > 2019-06-11 13:32 | Report Abuse

Faster sell, this share is too rubbish, i buy when he still have dividend, that time 14.00 price per share, then i sell all 13.30 all... lucky i stop lose, now drop like shit...

i3lykan

7 posts

Posted by i3lykan > 2019-07-16 16:07 | Report Abuse

tasek take private minority shareholders should sell back or hold

Posted by georgeloo > 2019-07-31 16:01 | Report Abuse

hold! without 90% they can't do a force privitazation!

Posted by smallfishyu > 2019-11-08 17:56 | Report Abuse

tasek Corp Bhd’s net loss for the third quarter ended Sept 30, 2019 narrowed to RM5.37 million from RM5.99 million a year ago as the cement segment was affected by the prolonged price competition and high production cost.

This was compounded by lower interest income and lower share of profit from associate company. Its revenue however, rose 6.9% to RM160.24 million compared with RM149.88 million previously.

For the nine-month period, Tasek’s net loss widened to RM22.98 million from RM15.07 million a year ago, but revenue rose 1.3% to RM425.19 milllion from RM419.79 million.

Posted by frleong2005 > 2020-01-01 14:31 | Report Abuse

Those who own Lafarge will receive payment when take over is completed?

HuatAh8809

355 posts

Posted by HuatAh8809 > 2020-06-06 19:48 | Report Abuse

Will revise take over price?

Posted by OldWiseMan100 > 2020-08-12 00:07 |

Post removed.Why?

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