It is difficult to push price up now... Need to wait next news or announcement... Sydicate is not in this stock now... Calvin alone is not power enough... Let wait...
YM Tengku Dato’ Sri Uzir Bin Tengku Dato’ Ubaidillah....... 91,008,846.................. 17.79% - - KDYMM SPB YDP Agong XVI Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Mustafa’in Billah........... 46,398,293...... 9.07%
The bauxite ban is lifted in 2019 with export cap at 600,000 tons . Aras Kuasa sdn bhd has been operating until Jan 2020 , license is expired , expected renew license be granted in March but is delayed due to government is changed, as reported..
Why in Q2 ended Feb 2020 , wzsatu report as :
"However, the uncertainty on commencement date of a single project may affect the results of the Group. The bauxite mining operation has not resumed todate, however, the Group is exploring other mining opportunities."
Bauxite mining is a given Bauxite mining plays a very major part in WZSatu before it was called off in year 2015. It's resumption will be a big turnaround booster for WZSATU.
Petronas Rm30 billions capex for upstream was big booster for Ogse stocks last year
Covid 19 is big booster for glove stocks now
So you don't wait to buy Wzsatu You buy Wzsatu then wait
Many missed the Ogse bull run last year Many also failed to join the Glove bull run this year because prices suddenly run up too fast
So better be too early than late
Price at 21 sen now already same as Insiders buying.
Malaysian Aras Kuasa delays bauxite production resumption 16 Mar 2020 15:08 reported
It was reported that Aras Kuasa Sdn Bhd., a large bauxite producer with an annual production capacity of 1.2 million tons in Malaysia, has planned to resume bauxite production in early March, the plan failed to achieve due to the leadership change in the country.
Since the leadership change needed time, Aras Kuasa didn’t get a new mining license last week, while it was expected to obtain a mining license after a month and resume its bauxite production.
Aras Kuasa has stopped its production due to the expiration of the mining license. The firm’s bauxite production totaled around 60,000 tons in January.
Sifu Warren Buffet likes Directors buying company shares with their own hard earned monies
Same goes for my Johor Sifu the multimillionaire
He said when he saw mammee doing share buyback he rode on mammee warrants
And mamee went up and up until taken private
So better follow Johor Sifu the multi millionaire than this monkey Mikecyc What has he produced so far? Ha! The bankrupt zelan saddled with Rm550 debt bomb? And trying to teach others when he is a failure? Lol
If all labour there is profit but the talk of the lips lead to penury or poverty for Mikecyc
We all made very good profits buying Supermax at Rm1.73, comfort at 88.5 sen, esceramic at 32 sen, luxchem at 47 sen, adventa at 57 sen, mtag at 39 sen
Now why buy Wzsatu?
Answer:
Because Govt wants to do project that does not need spend more money
So Ecrl which is 100% financed by China is ideal
Plus export of bauxite will generate foreign income
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3309 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
calvintaneng
56,026 posts
Posted by calvintaneng > 2020-06-29 10:47 | Report Abuse
Best time to buy on weakness
Timing for Wzsatu is due to
Uplifting of Bauxite export
Job award from Ecrl
One clear pointer is Agong increasing confidence in Wzsatu