Sunday, January 16, 2011

Fundamental Analysis of Steel Sector

In view of Economic Transformation Project (ETP), more project to come...
After construction sector, next sector in play would be steel sector.
Malaysia have so many steel listed company, which counter will lead the bull run?

3 simple question:-
1. What are the projects?
2. What kind of steel needed?
3. Which listed company manufacture / supply this kind of steel?

If you got all the answer, you may start monitor the chart.
Opportunity is for those who are ready.
Let do homework & watch closely.

Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!

The nine confirmed projects are:

• LFoundry from Germany to relocate and invest in five wafer fabrication plants in Kulim Hi-Tech Park in Kedah over the next five years. Initial investment is valued at RM214 million while the total estimated investment is RM1.9 billion.

• Hypermarket chain Mydin will invest in 14 new branches over the next three years valued at RM1 billion, and also assist small sundry shops.

• A 208-room hotel and 160-unit residence, to be managed by St Regis, an international six-star hospitality brand, will be built on a 2.2-acre site in KL Sentral. This RM1.2 billion investment will have a total development area of 1.4 million square feet.

• Oilfield services firm Schlumberger recently opened its Eastern Hemisphere Global Financial Services Hub in Malaysia. This is part of the Greater KL/Klang Valley entry point project to attract 100 new multinational corporations to relocate their operations in Kuala Lumpur by 2020.

Malaysia Airports Holdings Berhad has awarded a 25-year concession to WCT to build and operate an integrated complex at the KL International Airport. The RM486 million complex will comprise a transportation hub for taxis and buses, one block of retail mall and car parks.

• Abu Dhabi government investment vehicle Mubadala and state-owned development company 1MDB will develop the RM26 billion KL International Financial District.

• Premium Renewable Energy will build five bio-oil plants over the next five years. The first plant costing RM124 million will be located in Lahad Datu, Sabah.

• Asia e-University has been appointed by the Ministry of Higher Education as the gateway university, for the development of online and distance learning. The initiative is expected to produce a gross national income of RM100 million.

• Johor Premium Outlets will be located in Genting Indahpura, Johor, a mixed development township which will feature, among others; a hotel, international water theme park and retail outlets. This will attract more tourists to visit Johor, especially from Singapore. The construction and investment cost undertaken by Genting is RM150 million.



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