Our government is lacking sources of income, when you lose your job would you sell Amway? A beggar doesn't choose bro... I'm not sure what is the public being skeptical about. Sand is not finite, there is a thing called Ocean current and Coriolis effect.
The general public is glue-ing on AirAsia.. they just haven't realise such an obvious diamond here...
Ageson said the mining capacity would include 30,000 cubic metres per hour, equivalent to 180 million cubic metres per year, while the transport capacity requires about 4,500 shipments per year or 50,000 tonnes per shipment ... Total value at RM27.5 billion for 15 years ... Based on these figures, each year about RM1.83 billion for 225 million metric tonnes ( 4,500 x 50,000 ) of sand ... Ageson is getting about RM8 per metric tonnes of sand only ... The state government is imposing a tax of RM8 per metric tonnes of river sand ... I wonder how can they make money ... I think something is missing somewhere ...
One whole working day yesterday ....so far no news on mistaken contract's figure or disputed or fake contract. So at this point we can assume it is very much true. No revenue is realized yet but we can see the potential.
So....buy, buy lorr. We have Pasir Mas (golden sand) in kelantan. Very precious you know.
Ageson, can you just take off to a point where it will too high a price for all the analysts here to chase till they find out the legitimacy of the contract.
Guys, if you monitor the price, there's controlling party. This party seems still collecting and may take off once have enough. That time most retailer probably already sold their holding.
------------------------------------------------------------------------------------------------- Remarks : The ICPS can be converted into new Ageson Shares at the conversion price of RM0.13 ("Conversion Price") in the following manner:
i. by surrendering 13 ICPS to be converted into 1 new Ageson Share; or
ii. a combination of such number of ICPS and cash with an aggregate value equal to the Conversion Price, subject to a minimum of 1 ICPS surrendered, and paying the difference between the aggregate value of the ICPS surrendered and the Conversion Price in cash for 1 new Ageson Share.
KUALA LUMPUR (May 5): Ageson Bhd’s share price rose as much as 25% today, after the company said it secured a RMB44.8 billion (RM27.5 billion) purchase order from a China-based company for the supply of sand over 15 years.
At 10.26am, the counter rose 2.5 sen or 15.6% to 18.5 sen, with some 124.83 million shares traded, which accounts for about 21% of its total outstanding share base of 582.11 million shares.
Earlier, the counter rose as much as four sen or 25% to a record high of 20 sen.
Yesterday, Ageson announced that its wholly-owned subsidiary Esa Pile Sdn Bhd accepted the purchase order from Guangzhou Kaishengda Industrial Co Ltd (GKI) for the supply of river and sea sand for 15 years.
I have a question and need an answer asap. Recently i surveyed a high rise building in KL, a 5 star hotel. The info I have is scale 1:50. i forgot the look for measurement for 1 unit.
the height (assuming in feet) Floor B1 is 3750 Floor L is 6000 Floor 1 is 4000
Take 1 example, if i take 3750 divided by 50, i get 75 foot, equals to 22.86 meters. The level L is higher than that. Is it possible for 1 floor to have so high level of height? When i consulted 1 contractor, he told normally it's around 10 meters only.
YoungTycoonWILL , i forget about the scale. I'm quite sure the number mention is in mm. meaning 3.75m for B1, 6m for L and 4m for 1st floor.
I don't know why u need to divide by 50 if the 3750 is in feet. coz if that is really 3750ft then convert to m is 3750 / 3.281 = 1142.94m that B1 alone is the tallest building in the world!!
added: ohh, the divide 50 is scale. u do't have to divide, forget about the scale if u can get the dimension from drawing. the scale meant for u to check if u can't see the dimension in the drawing
same la, if ur own hand, mean urself is a contractor. and yes u need approval from local authority. else how u get water supply? electric supply? even u don't need that or u generate electric urself, u also need to comply requirement under uniformity of building under relevant by-laws where only local authority only can grant u approval.
cost wise Umbrella Corp, i have no much idea. but then it definitely take a lot of ur time. if u get a design and build contractor, he pau everything to u as he know the procedure well and also got "shortcut". not just involve architect, it involve engineer, licensed planner as well. competent contractor can even build for u first and get approval later as he know how to get the approval. hence can do both design and build concurrently. this save a lot of time.
I see, however, I am planning to do a small house myself, maybe get a helper, because its my hobby to play lego when small, now big already, wanna play real thing
hmm..... Umbrella Corp , play Lego is different coz just plug and play. construction in real life is not one man show thing, no company can do everything and therefore need a main contractor to sublet all the work to other. remember also u have to consider mechanical and electrical element beside structural and architecture of building. various profession. so u will miss out many thing i guess and regret later
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....
Chris036
4 posts
Posted by Chris036 > 2020-05-05 23:23 | Report Abuse
Crazy, you think goverment will approve permit to sell sand.