Intl Cement
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Venturing into Cement Business
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1201-1220 of 1563
Wah 56 and another acquisition.
Money outflow means down.
Yum gong lo.
BB removing buy queue lor when market reversing down
histoka ( Date: 12-Apr-2021 10:06) Posted:
| Anyone notice this ....more than 2.5millions BuyQ at 0.057 disappearing within 2 mins at 9.15am. Something happening? |
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Anyone notice this ....more than 2.5millions BuyQ at 0.057 disappearing within 2 mins at 9.15am. Something happening?
They place everything to FoEx loss...very easy macanism..
further downside if weak currency persist
trade with care,do some homework.
YA I miss MBULLISH...
Alvin2042 ( Date: 10-Apr-2021 15:21) Posted:
U only see him when price up. Mia when going down
shadow11 ( Date: 10-Apr-2021 10:51) Posted:
| Wah 56 also got ppl throw
Yum gong Lo.
Calling for mbullish . His target price 16c. Where. 😂
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COPY-PASTE, SHARING PURPOSES!! DYODD.
cjs_tan09
5 minutes ago&bull
1$Intl Cement^(KUO.SI)
1) The financial highlights reflect the growing demand for cement. We have learned that ICG would have recorded the highest profit of $19.8M in FY2020, if not for the substantial forex losses of $10.8M caused by COVID-19. Moving ahead, based on one cement plant in Tajikistan, the cement sales in volume has grown from 1.2Mt in 2018 to 1.7Mt in 2020.
Charles: Based on two cement plants in Tajikistan and Kazakhstan, I expect to see at least 2.5Mt cement sales in volume in 2021. Forex losses are arbitrarily expected to be halved to around $5.4million losses with the recovery from the COVID pandemic.
2) Tajikistan: ICG plans to start construction on Drywall (Gypsum Plasterboard) this year.
Charles: This should contribute positively to ICG' s overall performance in 2022 as Gypsum Broad Market was estimated at USD45.08 billion in 2020 and expected to reach USD 49.63 billion in 2021. Applications of Gypsum include the making of sulfuric acid, the plastics industry, daily chemical products, and so on.
3) Kazakhstan: ICG looks to expand operations and increase production capacity through both new constructions and the acquisition of plants.
Charles: Can expect placement plays. The last placement done was at $0.045 for Ms Wu XingHui, above the volume-weighted average price of S$0.032 per Share for trades done on the SGX-ST on 8 May 2019.
4) The shares of Zhang Zengtao and Ma Zhaoyang are held under the nominees: (a) UOB Kay Hian Pte Ltd, (b) HSBC (Singapore) Nominees Pte Ltd, (c) Morgan Stanley Asia (Singapore) Singapore Securities Pte Ltd, (d) DSBN Services Pte Ltd, and (e) Citibank Nominees Singapore Pte Ltd.
Charles: This finally showed clarity in that Morgan Stanley (MS) initially deemed interests in the Directors shares amounting to 515m. What probably transpired later was that either the directors were not willing to let go of their shares to MS or MS declined to be interested anymore.
From 16 Mar 2020 to 16 Mar 2021, do take note that Mr Chng Beng Hua, Executive Director of ICG, has increased his holdings from 12m to 14.5m.
I look forward to the 1H2021 results.
- CharlesCollapse
3 Likes
Cannot copy-paste the images he uploaded. So can go here if interested https://www.investingnote.com/stocks/SGX:KUO#/all
Did Master Sgyuan post any Elliot Wave charting for this one? Can any share? Dun konw how to reach out to him to share 😂
U only see him when price up. Mia when going down
shadow11 ( Date: 10-Apr-2021 10:51) Posted:
| Wah 56 also got ppl throw
Yum gong Lo.
Calling for mbullish . His target price 16c. Where. 😂
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Wah 56 also got ppl throw
Yum gong Lo.
Calling for mbullish . His target price 16c. Where. 😂
Oh?? Is it?! Means the owner want back the shares?!!!
shadow11 ( Date: 06-Apr-2021 21:52) Posted:
it means the owner has redeemed all the share pledge to Morgan Stanley . 😂
I see ppl make it so complicated. Failed to understand the content.
Yum gong lo
longterminvestor ( Date: 17-Mar-2021 16:41) Posted:
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it means the owner has redeemed all the share pledge to Morgan Stanley . 😂
I see ppl make it so complicated. Failed to understand the content.
Yum gong lo
longterminvestor ( Date: 17-Mar-2021 16:41) Posted:
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REPOSTING!!
$Intl Cement^(KUO.SI)
In the latest string of announcements, Morgan Stanley (MS) has ceased to be a Substantial Shareholder in ICG. Today, I also learned that Mitsubishi UFJ Financial Group (MUFC) has a 21% controlling stake in MS.
Before I give my view, let me apologise for my misinterpretation of Morgan Stanley' s ownership in the 515m shares previously. The facts (i.e. before and after deemed interests) have pointed to zero accumulation and simply just " deemed to be interested" in 515m ICG shares by Morgan Stanley.
I won' t be able to comment on why Morgan Stanley ceased to be interested in the 515m shares anymore as there was no further information, but I can make a calculated guess that it was very likely an unsuccessful attempt to obtain the 515m ICG shares, why?
ICG only has 185m public shares with 5.5B shares owned by SSHs. The only way to get 515m shares was either for ICG to offer new placement shares or to purchase the shares from the SSHs. To date, there was no consideration (i.e. the sum of money) offered for the 515m shares.
Shares need to be purchased and do not come for free, especially when MS did not accumulate at all. The term " Aggregation of global position" used by MS could just mean something else instead of accumulation.
I remain hopeful in the demand for cement in Central Asia regardless of whether MS becomes an SSH. I forecast a record high cement production which will translate into record-high profits in 1H2021.
Let' s hope for the best in how market responds tomorrow.
- Charles
One ceased one became.
Will cheong tomorrow
shadow11 ( Date: 06-Apr-2021 19:09) Posted:
| Wah Morgan Stanley cease to be ssh?
Really anot. 😂
Yum gong tomolo? |
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Wah Morgan Stanley cease to be ssh?
Really anot. 😂
Yum gong tomolo?
so many selling at 61 after finish top up again look like distribution and short sellers alot
why so much selling at 61? and who bought up so much shares at 61?
Concidence morgan stanley bullish on cement
> > > > >
Cement stocks on the cusp of a new growth cycle: Morgan Stanley - The Economic Times (indiatimes.com)
shadow11 ( Date: 15-Mar-2021 23:16) Posted:
| Wah who pledge their share to MS. Kee chiu.
Increase in shares held in respect of which Morgan Stanley may exercise the right to rehypothecate or
dispose of |
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Bro. Any idea why they paid N/A for 515m shares?
shadow11 ( Date: 15-Mar-2021 23:16) Posted:
| Wah who pledge their share to MS. Kee chiu.
Increase in shares held in respect of which Morgan Stanley may exercise the right to rehypothecate or
dispose of |
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Rehypothecation is the re-use of collateral from one lending transaction to finance additional loans. It creates a type of financial derivative and can be dangerous if abused.
Carefoo hor.
Wah who pledge their share to MS. Kee chiu.
Increase in shares held in respect of which Morgan Stanley may exercise the right to rehypothecate or
dispose of
