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Not necessary Cmsb will be benefitted on the cement because Cmsb not the sole player or cement in sarawak. Sarawak’s government already approved another smaller non listed company to produce cement. This company call inno cement.
Dex Ng, it doesn’t make sense. If he goreng up and dumb, how he gets margin call leh? I suppose is he non stop buying up and suddenly market U turn he kena margin call. For now, ksl has no issue on earning because from April till today, they launched at least 4 projects. The earning for coming quarters will be sustained. For Q1 2025 result suddenly drop, it makes sense for the dividend reinvestment scheme. The management won’t hope to use expensive price to subscribe back their share. So they can purposely don’t launch any project in Q1 to report wake quarter so that the share price continue weak for the low reinvestment share price. If one go count, the management take at least RM50M dividend and they have reinvested it at RM1.35, now the share price is 2.68, so their RM50M become close to RM100M.
i think the investors here would prefer to know the fact instead of your speculation. The power restoration is only for the commissioning but not for commercialize. As long as it is not for commercialize, the company will still make loss every quarter.
not surprise Q2 result will back to 80-100M range as the Q1 report probably low is because the dividend reinvestment scheme. Management also wish to use cheap price to get back own shares.