Pan United is a leading supplier of cement in Singapore. Hence their business depends on the demand of the construction sector. Information from BCA show that demand is picking up. The lowest projection of demand is expected to go up over the next few years. The projection came before the announcement of IR expansion. I am not sure if the 9 billion investment is accounted for, I assume that even if it is accounted for, all these would mean the projection Should come to the mid range of projection of close to 30 bio.
When the construction sector is declining in Singapore, pan United still manage to increase revenue and hence improve market shares except for the last 2 years.
If u do some tracking, at its Peak of it profitability, Revenue is half of what it is now but net profits is double of what it is now. Margin keep getting squeeze and became.lower and lower. RMC prices has shown some recovery ij the recent quarter but nowhere near its peak. If u look at Q1 reaults, it has double its profits simply by improved margins and RMC price ccontinue to improve due to expected higher demand in construction.
Beside the IR, the Deluxe of En bloc demand seem not BEING captured in 2018 as the BCA projection was higher than the actual Billings. So I am rather confident that construction demand will be nearer to 30 bio this year (clearing of backlog of developnent of En bloc site) and beyond in 2020.
Pan united has maintain profitability when demand hover around 26 to 29 bio.
Construction is turning, and I expect earnings to double.
Hence there is a chance for a yield play plus capital apprecitation to happen if pan united does double its NP for 2019.
Vested and maiden investment made at 28.5 cents. DYOD.
IF anyone has this in your radar, please leave a comment and I would really like a discussion.
Hi
ReplyDeleteI am looking at Conch Cement in HK. Cement industry appears to be very competitive and depends on achieving economies of scale in production and distribution, and riding on the uptrend of the infrastructure cycle.
You can email me if you have further points to discuss.
It is a commodity, so no moat. But u can still ay it as market turnaround marker.
DeleteRMC business however has barrier to entry. Not high... but the network a
BITCOIN, BINARY OPTION: Please everyone should be careful and stop being a victim by all these brokers and account managers, they scammed me over $ 140,000 of my investment capital, they kept on requesting for extra funds before a withdrawal request can be accepted and processed, in the end, I lost all my money. All efforts to reach out to their customer support desk had declined, I found it very hard to move on. God so kind I followed a broadcast that teaches on how scammed victims can recover their fund, I contacted the email provided for consultation, I got feedback after some hours and I was asked to provide all legal details concerning my investment, I did exactly what they instructed me to do without delay, to my greatest surprise I was able to recover my money back including my profit which my capital generated. I said I will not hold this to myself but share it to the public so that all scammed victims can get their funds back, Notice: If you are looking for a professional hacker to provide hacking solutions on Recovering Scammed funds, increase your Credit score and top up your Credit Card to any amount, Bitcoin Lost funds recovery, Social media hacks Bitcoin mining, DMV database and a lot more, search no further. hire them now by
ReplyDeleteEmail: wizardcharles1@gmail.com
WhatsApp: +1 (385) 273 0329
visit their website to read more about them: https://wizardcharlesgrouphackers.com/.n/
Do you need to increase your credit score?
ReplyDeleteDo you intend to upgrade your school grade?
Do you want to hack your cheating spouse Email, whatsapp, Facebook, instagram or any social network?
Do you need any information concerning any database.
Do you need to retrieve deleted files?
Do you need to clear your criminal records or DMV?
Do you want to remove any site or link from any blog?
you should contact this hacker, he is reliable and good at the hack jobs..
contact : cybergoldenhacker at gmail dot com