Hi guys
Just less than 3 months ago Calvin Tan Research recommended Lafarge Cement at Rm2.25 due to the prospect opf ECRL (East Coastal Rail Link)
TODAY LAFARGE TOUCHED RM4.50 FOR A CHUN CHUN 100% UPSIDE IN LESS THAN 3 MONTHS!!
SEE
ECRL (EAST COAST RAIL LINK) LAFARGE WILL BE TOP BENEFICIARY FOR CEMENT & AGGREGATE, Calvin Tan Research
Author: calvintaneng | Publish date:
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/199876.jsp
THIS PROVES THAT CALVIN TAN RESEARCH IS CHUN CHUN ON BUYING VALUE STOCKS WITH GOOD PROSPECTS (NO PUMP AND DUMP PLEASE) EVEN UZMA NOW WITH 3 INVESTBANK DOWNGRADING PLUS KWAP SELLING IS AN OPPORTUNITY FOR CALVIN TO BUY MORE ON WEAKNESS (FOR YOUR INFO CALVIN HAPPILY BOUGHT MORE UZMA AT A LOW OF 65 SEN TODAY
NOW BACK TO MASTEEL
GREAT SIFU PETER LYNCH SAID THERE ARE 6 CLASSES OF STOCKS
AMONG THEM ARE TURNAROUND, ASSET PLAY & CYCLICAL
PETER LYNCH IS THE ONLY FUND MANAGER WHO HAS BEATEN WARREN BUFFET'S BERKSHIRE FOR A DECADE
AND PETER LYNCH BOUGHT AND SOLD OVER 2,000 TYPES OF STOCKS IN HIS MAGELLAN FUND OVER A 13 YEAR PERIOD. NOTE: FOR CYCLICALS YOU SHOULD NEVER BUY AND KEEP. YOU CAN ONLY BUY WHEN P/E IS HIGH AND PRICE IS LOW AND THERE IS WIDESPREAD PESSIMISM. . CONVERSELY, YOU MUST SELL CYCLICALS WHEN P/E IS LOW AND PRICES ARE HIGH & THE CROWD TURNS BULLISH
SOME CYCLICALS HE BOUGHT AND SOLD MORE THAN 3 TO 4 TIMES
CALVIN IS VERY HAPPY TO HAVE BOUGHT MASTEEL (MASTER OF LONG STEEL) IN YEAR 2006 WHEN PM BADAWI IMPLEMENTED 9 MP (9TH MALAYSIA PLANS)
CALVIN BOUGHT ALL THE CEMENT COMPANIES & ALL THE STEEL COMPANIES
IN THE END ALL CEMENT COMPANIES BUT NOT ALL STEEL COMPANIES DID WELL
ONLY 3 STEEL COMPANIES DID WELL DURING 9 MP CONSTRUCTION BOOM = MASTEEL, ANNJOO STEEL & SOUTHERN STEEL
SO FEW YEARS BACK CALVIN AGAIN BOUGHT MASTEEL AT 66 SEN AND SOLD IT AFTER IT DOUBLED TO OVER RM1.20
AFTER THAT OTHERS CHASED MASTEEL INTO OVERVALUATION TO RM1.90
NOW THAT MASTEEL HAS FALLEN BACK DUE TO PH GOVT CANCELLATIONS OF HIGH INFRAR JOBS MASTEEL HAS FALLEN BACK TO ITS CYCLICAL LOW AT 50.5 SDEN IN REAL TIME CLOSING PRICE RIGHT NOW
NOW WHY IS CALVIN BULLISH AGAIN ON MASTEEL?
ANSWER:
ECRL INFRAR JOBS HAVE RESTARTED. LAFARGE CEMENT NOW UP BY 100%
AND ECRL ALSO NEED LOTS AND LOTS OF LONG STEEL
LAFARGE CEMENT UP 100% FROM RM2.25 TO RM4.50 TODAY. TIME TO BUY MASTEEL (5098) AS IT IS A LAGGARD
Hi guys,
BOTH LAFARGE (CEMENT) & MASTEEL (LONG STEEL) WILL BENEFIT FROM ECRL (EAST COASTAL RAIL LINK) CONSTRUCTION
LAFARGE IS ALREADY UP BY 100% WHILE MASTEEL REMAINS A LAGGARD
THESE ARE SOME SALIENT FACTORS FOR MASTEEL
- AT 51.5 SEN WITH NTA OVER RM1.50 MASTEEL IS SELLING AT ONLY 1/3 OF ITS NTA. HIGH MARGIN OF SAFETY
2. WITH THE FLOODING OF VALE IRON ORE MINE RAW IRON ORE PRICES ALREADY UP BY MORE THAN 70%
MASTEEL WISELY TURNED
TO SCRAP METAL USE WHICH IS CHEAPER. SO AMONG ALL 4 LONG STEEL PLAYERS
MASTEEL WILL HAVE THE LOWEST FEED COST FOR STEEL
3. LIKE LAFARGE FACTORY
IN RAWANG MASTEEL FACTORY IN KLANG IS ALSO VERY NEAR THE ECRL. THIS
WILL SAVE TIME AND TRANSPORT COST. ANOTHER PLUS FACTOR
4. SO EASY TO BUY LONG
STEEL STOCKS AS MASTEEL IS ONE OF TOP 3 LONG STEEL PLAYERS. THE OTHER 2
ARE ANNJOO & SSTEEL AND MASTEEL BEING PURE LONG STEEL WILL HAVE THE
MOST EXPOSURE (FOR CONTRUCTION COMPANIES BIDDING FOR ECRL JOBS THERE ARE
THOUSANDS. WHICH ONES WILL BE CHOSEN. WHY SO DIFFICULT LEH? JUST BUY
MASTEEL AS ALL CONSTRUCTION PLAYERS WILL STILL NEED TO BUY LONG STEEL
TOGETHER WITH BUYING CEMENT
5. LONG STEEL IS USED
FOR BRIDGES, RE INFORCEMENT & RETAINING WALLS NEAR EMBANKMENT TO
PREVENT SOIL EROSION & GIVE STABILITY TO TERRIAN
JUST AS CEMENT FOR THE BODY THE BACKBONE SUPPORTS A PERSON. MASTEEL GIVES SUPPORT FOR INFRAR WORKS
6. OTHER WORKS NEEDING
LONG STEEL ARE PAN BONEO HIGHWAY & BANDAR MALAYSIA AS WELL AS THE
UPCOMING HIGH SPEED RAIL NEXT YEAR LAUNCH
7. BEST OF ALL IS THE PRICE
AT 51.5 SEN NOW MASTEEL IS AT ITS CYCLICAL LOW
CALVIN HAS A MODEST TARGET PRICE OF RM1.00 FOR MASTEEL
BEST REGARDS
Calvin Tan Research
Singapore
Please buy /sell or keep cash after doing your own due diligence
HOW IT WORKS
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WHY CYCLICAL MASTEEL (5098) - Master of Long Steel Will Go into A Cyclical Rebound, Calvin Tan Research
Author: calvintaneng | Publish date:
Hi guys,
I have bought & sold Masteel in Its Cyclical UPs & Cyclical DOWNs for more than a decade already.
Let Calvin share his experience on a Cyclical like Masteel
When Pm Badawi came into power he cancelled many grandoise
projects of Tun Dr Mahathir & that led to an economic contraction.
He said Malaysia had no money then. That led to the protest of Tun Dr. M
saying that Malaysia still has money from Petronas
Then Pm Badawi implemented a Huge Infrar project for the 9MP (Malaysia plan) for 2006 - 2010
Seeing the Huge Amount of CASH Pouring into Infrar Jobs I sensed that there will be a Huge Demand for Cement & Steel
SO AT THAT TIME I WAS STILL A NEWBIE I BUY BOUGHT UP ALL THE CEMENT COMPANIES
I bought YTL CEMENT at Around RM2.20
Bought CIMA (Cement Industry of Malaya) at Rm2.40
Bought TASEK CEMENT At Rm2.90
Bought LAFARGE CEMENT at 66 sen (Whoa this one people were
throwing and throwing by the Millions, tens of millions being sold when I
was fearfully buying at 66 sen) Lafarge later merged from 10 lots into 3
with 20 sen Cash payout (After that LAFARGE ROSE TO OVER RM10.00; if
only those dumb sellers know ahead of time)
Later TASEK Rose to Over Rm16.00 while Ytl Cement was taken
private by YTL after price has doubled & CIMA also taken private by
UEM
NOW COMING BACK TO STEEL. Steel was really trickier as there are
so many many - Mycron, Melewar, AISB, Choo Bee, Lionind, CscSteel, Ann
Joo (Annjoo got 2 but later merged into one), Kingsteel, Southern Steel,
Prestar, Masteel & several others
Ha! Only later, much later, I found out that while All Cement
Companies did very well generally the same cannot be said about steel
Only 4 Steel Stocks Shone in the end. All Long Steel Stocks for
Infrar jobs while Prestar has Wheel Barrow & GUardrail for Highways
The rest of my investments in flat steel went nowhere and it was a waste of time and money
BUT I GOT AN IMPORTANT LESSON
So later when Next Infrar Boom Cycle Retarts I only go for Long Steel & Prestar
So Far It was Chun Chun
I bought Prestar again at 45 sen & Prestar gone up 200% in recent cycle
See
 |
Author: calvintaneng | Latest post: Fri, 8 Mar 2019, 09:25 PM | >> Go to Blog Dashboard
Hi Guys,
I have An Investment Approach I which I would like to all. |
|
PRESTAR: PRE-STAR Or Before It Turns into A STAR PERFORMING STOCK By Calvin Tan (Perth, Australia)
Author: calvintaneng | Publish date:
Hi Guys!
I am now in Perth, Australia.
I first came to Perth about 20 years ago.
Then Perth was quite backward & rural.
Not anymore now.
I got caught in North Perth's Massive Traffic Jams.
And I SEE an Idea I want to share here.
I SEE the widening of Perth's Highway - leading to huge demand for more Highway Guard Rails.
Every time a rural road expands from 2 lanes to 4 lanes there is a NEED for 4 NEW SETS of Highway Guard Rails.
I can SEE So FAR From PERTH That With The Ever Increasing
Number of Cars, SUVs, JEEPS, Buses, Lorries in Malaysia there will be
the continual expansion of Roads into New Highways - Translating Into
More Needs of Highway Guard Rails-
So HEY PRESTO! Or Rather HEY PRESTAR!
YES! PRESTAR CAME TO MIND.
Regards,
Calvin,
Perth, Australia
|
|
Author: calvintaneng | Latest post: Fri, 8 Mar 2019, 09:25 PM | >> Go to Blog Dashboard
Hi Guys,
I have An Investment Approach I which I would like to all. |
|
PRESTAR - THE UNDERVALUE LAGGARD CONSTRUCTION MATERIAL STOCK THAT WILL PERFORM
PRESTAR – THE UNDERVALUE LAGGARD CONSTRUCTION MATERIAL STOCK
With the Contraction in China, the Overvaluation of Export
Stocks & The Overstretched Consumers of Malaysia Impacted by 6% GST
& High Imported inflation due to weak ringgit there are really few
stocks left for the picking in Bursa.
There remains a Class of Underperforming Stocks that might
go against the trend – “THE CONSTRUCTION MATERIAL STOCKS LIKE KPSCB,
KIMLUN, CEPCO & PRESTAR”. As KPSCB, KIMLUN & CEPCO Have Already
Run Up 20% to 30% In Prices Our Focus Now Turn To PRESTAR.
PRESTAR Or PRE-STAR
“PRE” As in “PREVIOUS” Or “Before”
Or In Other Words “Before IT TURNS INTO A STAR”
SO NOW IS THE TIME TO BUY PRESTAR “BEFORE IT TURNS INTO A STAR PERFORMING STOCK”
PRESTAR – THE RISING STAR AMONG CONSTRUCTION MATERIAL STOCKS!
ITS SALIENT FACTORS:
1) At 50 cents with NTA at Rm1.23 PRESTAR IS SELLING
AT A HUGE 60% DISCOUNT TO NTA. It Has A Big Margin of Safety.
2) Foreward P/E is a low 3.66. Beating many Export Furniture and E & E Stocks hands down.
3) Its Debt is Well Cushioned By Its High Tangible
Assets Still Not Revalued Yet. Its Properties were purchased long ago in
strategic locations. If Company wanted to It Can Revalue All Its
Properties Like HapSeng, Seacera & Eg and book them as immense
profits.
4) Unlike All Other Steel Companies Impacted by China
Steel Dumping PRESTAR Like KPSCB, KIMLUN & CEPCO Are Into Niche
Manufacturing of Specialty Construction Materials like High Way Guard
Rails and Wheel Barrows. So It has avoided the carnage caused by Cheap
China Steel.
5) 10 Highways Including Pasir Gudang Highway, West
Coastal Highway, Bandar Penawar – Sungai Ringgit Highway, Pengerang
Highway & the 1,600 km Pan Borneo Highway will spur Great Demand for
Prestar’s Highway Guardrails.
6) Prestar also stand to reap higher profit due to the
collapse of nickel and iron ore prices by 60% to 70% as its Guard Rails
use a lot of nickel. This will boost Prestar’s profits further.
7) Prestar also has a factory in Vietnam like Pohuat.
With TPP now signed Prestar will do very well as both Vietnam &
Malaysia are expected to be top beneficiaries.
8) PRESTAR Also Invest In The Shares of POSCO, In Which
the World’s Greatest Investor, Warren Buffet of Berkshire Hathaway,
has a Share also. Partnership in prosperity!
9) SEEING ITS BRIGHT FUTURE INSIDERS AND DIRECTORS HAVE
BOUGHT MILLIONS OF PRESTAR SHARES ON THE QUIET. A Check with these
Directors and Insiders Show That They Have Bought PRESTAR Shares As High
As Rm1.00 And Now Still Buying Even More at Depressed Prices.
10) A 2 Cents Dividend has been proposed. That means
that Prestar is giving a 4% yield. Will there be another double digit
dividend like those years when INSIDERS Bought As High As Rm1.00? It
remains to be seen.
PRESTAR IS A STOCK WITH LIMITED DOWNSIDE WHILE ITS
UPSIDE IS BRIGHT WITH THE UNFOLDING OF 10MP & 11 MASTER PLAN
PROJECTS STILL BEING AWARDED.
Calvin has a target price of Rm1.00 (The Price Reached When PM Badawi implemented 9MP).
From 50 cents we expect a modest 100% Upside.
CHEERS!
Regards,
Calvin
{This article posted while holidaying in Australia.)
Note: On May 9th, 2007 PRESTAR Declared a 22% Special
Dividend which equals to 11 cents. Prestar price crossed Rm1.00 then.
Instead of selling Directors & Insiders were buying . As of now
PRESTAR is selling at half price & Directors/Insiders are still
buying. So will there be ANOTHER SPECIAL DIVIDEND?
WAHAHA!
LATEST UPDATE ON 7TH SEPTEMBER 2016.
LATEST UPDATE ON 7TH SEPTEMBER 2016.
PRESTAR TOUCHED 73.5 CTS TODAY! UP 63%
HIP HIP HURRAY!!
NOW FOR MASTEEL'S TURN!
AND AFTER POSTING ABOUT PRESTAR I BOUGHT MASTEEL AT 66 SEN & POSTED
See Long Steel is for Structure Strengthening
w for now but will pick up in the second half: Affin Hwang
HOW IT WORKS
1) LONG STEEL REBARS ARE NETTED INTO RECTANGULAR SHAPES BY ROUNDING & ROPING THE WHOLE LENGTH IN PLACE
2) NEXT PLYWOOD IS USED TO FORM BOXES ENCASING THEM
3) FINALLY CONCRETE AGGREGATE & CEMENT POURED INTO THEM AND HARDENED
THEY BECOME PILLARS FOR HIGH RISE BUILDINGS, MRT & LRT & RAILROAD HIGHWAYS LIKE ECRL (EAST COASTAL RAIL LINK, PAN BORNEO HIGHWAY & BANDAR MALAYSIA) PILLARS, SUPPORT FOR ROAD & RAIL BRIDGES, WALL ENBANKMENTS TO PREVENT EROSION OR LAND SLIDES
AND MASTEEL SUPPLIES MORE PURE REBAR AS A PURE LONG STEEL PLAYER
