Klinik Kesihatan dan Kuarters Meranti,Pasir Mas

Sek. Keb. Pak Badol, Bachok, Kelantan

Ibu Pejabat Jabatan Bomba Kelantan

Sekolah Menengah Kebangsaan Kubang Golok, Bachok

Terminal Makanan Negara (TEMAN)

Universiti Malaysia Kelantan - fasa 1 ( Kampus Bachok)

Still Price Fluctuation In The Building Industry

Prices for Steel Bar and cement has been fluctuating for the 2ND half of 2009. Prices for other building materials such as concrete roof tiles and ceiling sheets are also unable to stabilize. Demand for steel bars increase because of price reduction but are expected to reduce when prices rebound. However there also some demand as prices drop from private and government projects requirement. From the past, business in the building industry for the last two months of the year is always towards down trend due to the monsoon season. However, we are yet to predict the business for this November and December as the Market trend and the weather nowadays is very unpredictable.

SK Padang Pohon Tanjung, Tumpat, Kelantan - Bangunan Tambahan

SK Kok Pasir, Tumpat, Kelantan - Bangunan Tambahan

Proj. SMK Kubang Golok, Kemasin, Bachok, Kelantan

Prices for Building Material Begin to Drop As Business Down

This is true, prices starts to drop due to slow business in the industry. Just imagine price of a ceiling flat sheet dropped twice within a week by RM1.00 a sheet. Even though price drop, construction is still slow over here. Probably due to poor demand for houses, slow progress claim, funding problem and loan difficulties. Expect more price reduction and price war and will last until end of the year.
NSTOnline, Sunday, November 09, 2008
Construction industry cheers price drop
KUALA LUMPUR: With the prices of scrap commodities falling, so are the prices of building materials like steel bar. And the construction industry is all smiles.
This is a far cry from the situation a few months ago when the industry had to grapple with spiralling cost of building materials.The price of high-tensile deformed steel bar, one of the main building materials, reached a peak of RM4,050 a tonne in mid-June.It has now gone down to RM2,008 a tonne.On top of that, the government has just announced its plans to inject RM7 billion to pump-prime the economy.
"This is a good time for developers to start new projects. The government should also take advantage of the flagging prices of building materials and announce more high-impact projects," said Ng Kee Leen, president of Master Builders Association Malaysia.The government's move is a sign of a good year ahead for the industry."With prices stabilising now, it will be easier for us to do business," Ng said. The association is also in talks with the transport sector."The sector has agreed to cut by five per cent but we are negotiating for more. The feedback is encouraging." Apart from transport, the construction sector also directly and indirectly affects about 140 down-line industries.

On Scrap Metal Price..

This is interesting taken from the NST online today. I am keeping it for the record:
Pain in the yard as scrap goes for a song
By : Tan Choe Choe
KUALA LUMPUR: The global financial crisis is causing the prices of scrap metal to plummet to dizzying new lows since 1988, and scrap metal traders and recyclers are panicking.
Ah Sou, 66, is making half of what she used to collecting plastic recyclables
Plumetting prices"This is the worst in 20 years. The prices of some products have dropped more than 85 per cent," said R.A. Param, honorary secretary-general of the Malaysian Indian Metal Traders and Recyclers Association.The drop, said Param, began in early August when the building boom in China and the Middle East stalled.The situation is perilous now. Last month, 12 scrap metal yards in the Klang Valley have had to close shop. At least 60 foreign workers have been sent home because the yards could no longer afford them.
M. Murugesan, managing director of M.K. Metal Sdn Bhd, sent 10 of his 45 foreign workers home last month and plans to send another 20 this month."I can't afford them any more. I'm operating at a loss and my customers are reneging on their contracts," said Murugesan.Two weeks ago, one of his customers in India refused to accept six containers of light scrap metal bundles from the port because he wanted to renegotiate the prices."That's 150 tonnes of their original 500-tonne order. They also cancelled their order for the remaining 350 tonnes."It is understandable because low-grade scrap metal has plummeted from around 80 sen a kilo to 10 sen.Before the drop in prices, light scrap metal fetched about US$530 (RM1,910) a tonne in the international market. It now fetches less than US$120 a tonne and there are fewer buyers.In the meantime, Murugesan is still bulk-buying from his suppliers -- mainly factories -- which he had contracted as far back as six months ago."I've signed contracts for RM1,560 per tonne. But with the current prices, I am selling at RM200 per tonne here. "I'm losing RM1,360 for every tonne I sell," said the trader who has been in the business for 10 years. Scrap metal is not the only commodity affected. Aluminium, copper, plastic and paper, and carton boxes are also hit.Some traders say aluminium is the only scrap metal that has escaped the price plunge -- selling at between RM2.50 and RM2.80 a kilo from the previous RM6. Copper is the biggest loser, with prices crashing from a height of RM24 a kilo to about RM6.Plastic items now fetch between 30 and 40 sen a kilo, down from RM1.20.Sam T., a director of scrap plastic yard Waier Trading Sdn Bhd, said his company was lucky not to have signed any procurement contract with its suppliers."At least we can decide how much we want to take in depending on demand." On average, the yard, which has been in business for five years, used to sell about 200 tonnes of scrap plastic a month but now it is only about 30 tonnes.Waier, which used to take in some 10 tonnes of scrap plastic from their suppliers a day, now accepts less than a tonne.Ah Sou, a scrap collector who's a regular face there, was bringing in her daily collection.Asked how her income has been affected, the 66-year-old swore profusely in Hakka. "I'm making less than half of what I used to make every day! How to eat? How to buy things?" she asked before speeding away on her motorcycle after pocketing RM20 for her delivery. Ah Sou used to make about 15 trips to Waier a day, which netted her about RM80 to RM100. Param said: "It's not just our livelihood but you'll also begin to see landfills filling up more quickly because the rubbish is just not worth collecting." He said the scrap material industry had cut out a few hundred thousand tonnes of rubbish from landfills. "I think the government needs to step in and help us."But there will be at least one good thing that will come out of this price plunge: the pilfering of manhole covers, roofs, lightning conductors and railway lines for scrap metal will definitely lessen."Already we are seeing fewer people walking in here to sell us their 'collection'," said a scrap metal supervisor.

Business Is Bad Here !

Construction industry is very slow now over here. Heard some of the federal projects delay in taking off due to shortage of funds. Moreover progress payment claim from the existing project also slow down after Hari Raya recently. So payment from the main contractors to the suppliers and also sub-contractors also slow down, or delayed.
Retail Market also affected. Now prices started to drop not because of government's advised, but due to poor business. Manufacturers, distributors and retailers now combating prices with each other for the sake of survival ! We may expect more prices to drop in time to come...

The Real Strength In You

Strength does not come from winning. When you go through hardships and decide not to surrender, that is strength.
Arnold Schwarzenegge

Project Mydin Supermarket

30/9/2008

From thestar Online today..

Slight rise in demand for cement this year

By ELAINE ANG

Demand has been stagnant since 2003, says association

THE Cement & Concrete Association of Malaysia (C&CA) expects domestic cement demand to grow marginally by 3% to 5% to about 16.33 million tonnes this year versus 15.86 million tonnes in 2007 due to a lacklustre construction industry.

Chairman Tan Sri A. Razak Ramli said cement demand had remained stagnant at 15 to 16 million tonnes a year since 2003.

“Despite an encouraging growth in the first half of the year, we will only see a relatively small growth in demand this year due to the slowdown in the construction industry. We hope things will be better next year. If the economy picks up next year then construction should also,” he told StarBiz.

Tan Sri A. Razak Ramli

In addition to a lack of demand, the local cement industry has been a much misunderstood industry.

Various accusations have been hurled at industry players including increasing cement prices after liberalisation and creating artificial shortages through orchestrated plant shutdowns.

There have also been calls by various parties for the Government to remove all import duties for cement, impose an export or windfall tax and/or impose an export ban on clinker and cement to ensure sufficient domestic supply.

To Razak the allegations are baseless.

“There can never be a shortage of cement in Malaysia as the cement installed capacity is very high at 28.3 million tonnes,” he said.

In 2007, cement production inclusive of export was only 19.48 million tonnes of which 15.86 million tonnes were consumed locally. Razak said the forecast production this year would be slightly higher at 19.62 million tonnes as domestic consumption was expected to increase to 16.33 million tonnes. Cement export is expected to increase to 14.7% of production this year, up from 14% last year.

“The Government should also not impose an export ban on cement because manufacturers can easily meet domestic demand and export the excess,” Razak said.

Moreover, the Government is in full control of clinker and cement exportas every tonne can only be exported with an export license from the International Trade and Industry Ministry supported by a letter of no objection from the association.

Razak said cement manufacturers were also not intentionally creating shortages by simultaneously shutting down plants for maintenance.

“No manufacturer would shutdown their plants unnecessarily thus incurring production losses and additional costs including high fixed costs. Kilns require a minimum of three days to heat up to the desired temperature of 1,500 ºC.

“All cement companies notify the Domestic Trade and Consumer Affairs Ministry on their scheduled plant maintenance shutdowns. The plants would also have stocked up to ensure sufficient supply,” he said, adding that unscheduled plant breakdowns, however, were beyond the manufacturers’ control.

He said complaints of tight cement supply, especially in Peninsula Malaysia, was actually due to the fact that “bagged cement was not moving fast enough.”

“With the increase in fuel price, many transporters are reluctant to carry bagged cement as cargo as they are low value, bulky items. Otherwise they will try to overload the lorries. There is also a lack of lorries, drivers and licences,” he added.

Road Transport Department operations on overloaded tankers and lorries carrying cement and its related raw materials also added to the industry’s transport woes.

Razak pointed out that although the Works Ministry had gazetted an additional 20% loading from the present permissible weight for lorries/tankers on all federal roads in Peninsula Malaysia, federal roads in east Malaysia and state roads nationwide were not covered.

To help ease supply issues, the C&CA is in the midst of setting up a public hotline centre to assist those in Peninsula Malaysia who have trouble with cement supply.

“Through the centre, Class F contractors will have a direct avenue to obtain cement. We will also be able to capture and build a database on public complaints on cement supply,” Razak said.

On cement price increases, Razak said the industry did not raise prices indiscriminately and exorbitantly despite having absorbed cost increases of more than 60% from 1995 to 2007.

There were only two price increases between 1995 and 2006 when cement prices were under the Price Control Act - 10% in August 1995 and an average of 9% in December 2006.

Following cement price liberalisation on June 5, prices were only increased twice - 15% to 20% country-wide in the same month as well as an average 8% in Peninsula Malaysia in August due to an unprecedented 63% diesel price hike and a 26% rise in electricity tariff. This price will hold until December.

Despite the price liberalisation, the return on investment (ROI) for the cement industry has only increased to 6% to 10% from the previous 3%.

“This is still insufficient to encourage reinvestment by industry players,” Razak said, adding that the cost of a 1.2 million tonne integrated plant was about RM1bil currently.

“This is why there has been no expansion programme or new plants coming on-line since 1997 although manufacturing licenses for the production of more than 14 million tonnes of cement have been issued by the Government.

“There has been some re-investments and upgrades but returns and demand are too low to encourage new expansion.”

Leadership Is Influence

Leadership is the ability to obtain followers. When the leader lacks confidence, the followers have no commitment. A leader is great not because of his power, but because of his ability to empower others.
John Maxwell

KELANTAN MB CORPORATION BUILDS PROJECTS WORTH RM3.3 BILLION

Bernama - Friday, September 26

KOTA BAHARU, Sept 25 (Bernama) -- The Kelantan Menteri Besar Corporation will execute several construction projects costing a total of RM3.3 billion, till the the end of the Ninth Malaysia Plan (9MP).

One of them was the on-going Bandar Baru Tunjung project comprising the construction of shophouses, residential houses and offices worth RM2.7 billion, said the corporation's chief operating officer, Ir Abdul Ariffahmi Abdul Rahman.

"The land acquisition process is complete and now we are in the third phase, whereby several office buildings and houses will be built in stages," he said when met here.

According to Abdul Ariffahmi, several local companies had offered to carry out the projects in the area, as well as proposed the construction of shophouses and residential homes.

"The government has created a special task force to study the project implementaion so that it can be carried out in a well-planned manner and on schedule," he said.

More On The News...
Bernama - Friday, September 26

Abdul Ariffahmi said besides Bandar Baru Tunjung, the corporation was also building the Menara Tonor Kelantan in Kuala Lumpur, about 400m from the Kuala Lumpur City Centre, and was awaiting approval from the Kuala Lumpur City Council (DBKL).

He said the implementation process was expected to begin before the end of the year and would see the construction of a 26-storey luxury condominium worth RM210 million.

He hoped the city council would give the corporation an opportunity to carry out the project which covered 14,000 sq ft, as it had high commercial value.

The third project awaiting implementation is the Tok Guru Bazaar in Jalan Sultan Ibrahim here, for small-scale businessmen in Kota Baharu.

"The project worth RM120 million will be built at the site of the Kota Baharu police headquarters which would be relocated," he said.

The corporation has also increased real estate transactions to build houses in Kok Lanas here, with the cooperation of local entrepreneurs to build homes for poor families.

-- BERNAMA

Ding Dong Bell !

Prices of petrol and diesel are 10 sen cheaper from midnight Wednesday. However, the Malaysia's inflation rate jumped to a 26-year high of 8.5 percent in August.
Prime Minister Abdullah Ahmad Badawi said the price of petrol will be cut by 10 sen to 2.45 ringgit while diesel prices will be cut by the same amount to 2.40 ringgit effective Thursday.

The Future Is Now, and Your Time Is Now !

World trade means competition from anywhere; advancing technology encourages cross-industry competition. Consequently, strategic planning must consider who our future competitors will be, not only who is here today.
Eric Allison

French Marshall Lyautey once asked his gardener to plant a tree. The gardener objected that the tree was slow growing and would not reach maturity for 100 years. The Marshall replied, 'In that case, there is no time to lose; plant it this afternoon !'.
John F. Kennedy

Komplek Sukan Tanjong Chat

Status as at 18/9/2008 - Piling

Working Together

The leader who work most effectively, don't think "I".
They think, "We"; they think "team".
They understand their job is to make the team function.
They accept responsibility and don't sidestep it, but "we" gets the credit.
This is what creates trust, what helps to get the task done.

Peter Drucker

Poor Business Overhere !

This politics instability and the recent fuel price surge, and now it's fasting month and the business is so slow like I never felt before since my past 15 years in this industry ! Retailing business is so quiet. And there is no demand for cement, steel bars and wire mesh ! What is going to happened ? Bosses already jumping up and down !

Drop ! Drop ! Drop !

BRC and Steel Bar prices drop again. So far, wire mesh price has dropped to 51% discount off its List Price and Steel Bar has dropped by RM600.00 per tonne from its last highest price.

Cement Price Drop

Cement price from YTL has dropped by 0.30 sen per beg with immediate effect in the Kelantan market. YTL which controls most of the Kelantan market has make the moved to reduce its begged and bulk cement price. Prior to that, it was also YTL which sells at the higher price compared to other source in Kelantan. The demand for cement has dropped since the beginning of the fasting month.

Of Cement, Wire Mesh & Steel Bars..

As today, prices for wire rod has dropped. Steel Bar prices decrease by RM300 per tonne and so is wire mesh. Cement supply to Kelantan is back to normal. It seems like we are having abundance now since the beginning of Ramadhan. Cement plant is no longer restricting supply to Kelantan. As usual the retail business will be slow during the fasting month.

July inflation rate highest in 27 years

PETALING JAYA: The consumer price index (CPI) jumped to 8.5% in July from a year earlier, the highest in nearly 27 years, fuelled by the increase in the price of petrol and electricity tariffs.
Read more from thestar Online

Worst Market in The Building Trade !

My 15 years in this industry never experience such a worst situation. Everything slow down ! Operasi everywhere. Be it JPJ or police. Now we are cut off supply for cement in Kelantan. And without cement how is construction going to work ? Retailing for building material also gone down steeply. Projects stops pending for payment. Some contractors even decline new projects awarded to them. This is the worst market trade I ever experienced in my 16 years in this industry !

Prediction Correct ! aha !..

8.08 am, what a good timing. My forecast that the price for Steel Bars will dropped finally did drop. Just received the sms at 8.08 am. Even though it doesn't drop much, just RM100.00 per tonne but at least there is a sign indicating price dropping for steel bar from today onwards !
I also predict there will be plenty of cement in the market soon !

Forecast Steel Bar Price Dropping !

Yes, the nation is in distress now. People are loosing job and more will be in the same boat soon. At the local scene, alot of projects were delayed and some declined or turn down by the contractors as tender price differs from current projected price as prices for materials hike drastically. Demand for steel bars is expected to drop after the Olympic games starts. I forecast that the price for Steel Bars will drop very soon.

Kinsteel net profit triples to RM103mil

I just don't understand how it works. If steel bar price hike is due to high cost of production, than profit margins would not have increase so much. If cost of production remained unchanged and Sales increase, that would make sense. In this case, 35% increase in revenue means quantity sold or value sold ? If they are making so much profit, why the government still want to withdraw ceiling price for Steel Bars ?

the star Online wrote : Tuesday August 5, 2008

Kinsteel net profit triples to RM103mil

PETALING JAYA: Kinsteel Bhd reported net earnings of RM103.3mil for the three months ended June 30, more than three times the RM29.6mil achieved in the previous corresponding period.

In a statement yesterday, it said this came on the back of a 35% increase in revenue to RM652mil, from RM484.3mil a year ago.

The strong performance was attributed to higher selling prices of the group’s end products and greater earnings contribution from its 51%-owned subsidiary, Perwaja Holdings Bhd.

For the quarter ended June 30, net profit contribution from Perwaja made up some 73% of the group’s profit attributable to shareholders.

What A Big Joke in This Industry !

Now that the manufacturers agree to increase a 50kg bag cement by RM1.00, we expect the supply to be back to normal. No more shortages by 1st August, 2008. However now the big surprise is the JPJ "operasi" begins on 1st August and is expected to end after 2 weeks time. Manufactures refuse to accept orders again to prevent huge order-bank in processing.
From hearsay, any lorry found over carriage, 3 parties will be fined and that includes the lorry driver, the owner of the transport company and the owner of the goods, i.e. the factory. And now, we are still shortage in cement again ! What a big joke !

It's a Disaster !

What's next after all this price increase ? Never never can I ever recall such a tremendous price increase in this industry. No, they never happen during my time. Not even during the past recession ! This is the first. We had previous economy downturn but not price increase as bad as this This is a disaster ! It's like everything is out of control. Even projects are affected. Tender price miscalculated. Delivery delayed. What's the effect to us ?
Contract job delayed. Contractor refuse to proceed. Construction workers on daily wages become jobless. Foreign and local workers seek for other source of income
Professionals will hang on until some time before things gets worst.
Hardware retailers suffers poor business. Probably lots of bad debts suffice.
Supplier and distributors suffers as well. Relationship between employer and employees strained as a result of poor business. Employer pressure employee for higher productivity. In a matter of time, either one will spark up disharmony that leads to more jobless workers.
In all, I would say disaster is coming. Recession is near. Our value of money decrease as price increase. Buying power reduce. People become jobless. Thus, crime rate increase.

11 new items on VOP list

KUALA LUMPUR: To ease the burden on contractors affected by the rising cost of building materials, the Government will include 11 new items related to the industry into the Variation of Price (VOP) list.

Works Minister Datuk Mohd Zin Mohamed said the new items were petrol, diesel, round steel bars, bitumen, premix, sand, guardrails, fabric reinforcements, aggregates, water pipes and culverts. The VOP list will now cover 26 items.
Read More from thestar Online by clicking here.

Let's Hope This Time It's Finalise

Lets hope the cement price will stabilize after this announcement i.e. 1st August. In my own opinion, the price is going way to high for the end user to bear. Read more on Lafarge raises cement retail price from the Star Online today.

The Star: Cement price likely to rise on higher costs

This is something I have predicted earlier. The Government should start imposing ceiling price for basic goods such as Cement and Steel Bars before prices for other related goods hike again !
Read Star Online about... An increase in the price of cement is possible due to higher operation and transport costs following the hike in petrol and diesel prices early last month (26-7-2008)

More Price increase for Building Materials !

By 1st August, cement manufacturer will increase price for cement by RM1.00 per 50kg bag. Therefor we are expecting price to increase for other cement based products as well. Products that are expecting price increase includes Roof Tiles, Ceiling Sheets, Corrugated Sheets, Culvert, Piles and bricks.

1st August, Cement Increase Again !

Cement price to increase by RM1.00 again per 50 kg bag by 1st August 2008. This is too ridiculous after the government has waived the ceiling price. Will somebody from the ministry do something instead of politicking about some stupid issue ????? After the result of previous election, everyone is talking about "turun padang". This election, it's about finger pointing on opposition and "debak mendebak" ??????

RM300M Oil project In Kelantan

RM300M oil terminal project in Kelantan is expected to take off this year, which includes the construction of a jetty, storage tank and distribution pipes (1st phase, 8 hectares costing RM50M), and refinery facilities for multi-national companies (2ND phase, RM250M). The project is expected to be fully completed by 2010. Read more from Business Times Online on Sukimi To Build RM300M Oil Terminal In Kelantan
To read more on the Official Opening Of Sukimi Group's Headquarters by Zawi, click here.

Coming Soon ! More Price Increase... !

No doubt. The price hike hasn't stopped. We are expecting price increase for Steel bars, Cement, Roof Tiles and Ceiling Sheets. Read the star online on Contractors brace for more price hikes
Building materials prices expected to rise 5%-10%
PETALING JAYA: Contractors, who have seen building material costs surge by an average 25% since January, are bracing for another round of price hikes, this time from the higher electricity tariffs which came into effect on July 1.
Master Builders Association of Malaysia (MBAM) secretary-general Yap Yoke Keong expected prices of building materials, including steel bars, cement and roof tiles, to rise by 5% to 10%.
Read More.....

Kelantan.... Apa dah jadi Ni ????

Harga semin melambung naik ! Harga besi melambung naik !! kalau dulu harga semin sebag RM10.60 harga kawalan, sekarang dah naik hingga Rm20.00 sebag ! Harga besi Y12mm, kalau dulu lebih kurang Rm1700.oo setan, sekarang dah melambung RM4200.00 setan. Ini lah hasil pembubaran harga kawalan dari pihak kerajaan. Ekonomi kita sekarang dikawal oleh syarikat2 besar. Kerajaan tak mampu mengawal atau tak terkawal ?
Mampu ke rakyat Kelantan memiliki rumah lagi kalau semua barangan binaan dinaikan harga ? Cuba lah periksa dikedai kedai hardware kalau tak percaya. Harga silin, jubin, paku, BRC dan sebagai nya.., semua sudah naik harga dan semakin hari semakin naik lagi.
Apa dah nak jadi ni ??????

Less Project from Now Onwards

Yes, I was right. All prices gone up for building industry and we will be having lesser projects. Not many people feel it but the effects will come later. Soon, it will be lesser jobs as well and jobless labourer ! Most Kelantanese who are working as odd labour over here will be jobless. And those Thai immigrants working at the construction site as labourer will turn to thief and robbery !
Read the Star Online on Builders cautious about starting new projects and Desperate times force contractors to turn down government jobs.

Steel, cement may be stockpiled in the future

Stockpiling Steel bars and Cement ? For how long ? Be reminded that Steel can get rust and Cement hardened. And they are sold in Cash or the most 30 days !
Read the Star Online here and here..

Strong Rumours of price Increase... soon

Strong rumours of price increase is expected for Cement and Steel Bars by end of the month..
Read the starOnline... Saturday June 21, 2008
Stockpile steel, builders urge Govt
KUALA LUMPUR: The Government has been urged to stockpile steel to stabilise the rising cost of steel products.
Master Builders Association Malaysia president Patrick Wong said the proposal comes in the wake of steel millers expecting prices to hit RM5,000 per tonne compared with the current price of RM3,550 per tonne.
“The Government or its agencies’ role is vital in this aspect. In Iran, the government bought RM1.26bil worth of steel bars in early June to offset the anticipated high market prices,” he told a press conference yesterday.
The Government could stockpile up to a million tonne of steel bars worth RM3bil, he said.
“We foresee the demand for steel bars to be around 350,000 tonnes for every three months,” he added.
The overwhelming demand for steel was due to the booming construction industry worldwide, especially in China for the 2008 Olympics, he said.
He also said there had been increases in prices of cement, concrete, quarry products and sand since January.

Recession Now ?

I felt pity to those who are building their houses halfway now. In Kelantan most people built their own houses. They have their own land. So, why not ? As compared to the west coast, people probably buy houses from developers, from project housing or from those housing estates. Prices for all building materials already gone up. Well, you named it.. from nails, cement, steel bars, ceilings, floor and wall tiles and roof tiles. Market are selling 25kg OPC bagged cement at RM20.00 per bag. The retailers are taking every opportunities from cement shortage in the market.
I wonder why the government abolished ceiling prices for cement and steel bars right now, when in actual fact they should be involved at this very moment of time to prevent those big companies from taking advantage from the fuel hike. No doubt, they should be allowed to increase price as their cost of production also increase, but not to the level of drastically high !
There are a few things which I am quite disappointed about. As soon as the fuel price was announced, those businessman takes every opportunity to increase their price immediately. Including those retailers who are still having old stocks. The most frustrating part is that the labour cost or their workers and salary didn't increase immediately. I wonder did they ever give a thought at all about it or not, especially those manual workers who are paid RM18.00 per day carrying a few tonnes of cement, steel sheets, ceiling etc... every day and do all those hard work under the hot sun which they themselves will never be able to do. Drivers are paid RM25.oo per day. No wonder these calculative bosses are complaining hard to find manual workers now days. Talking about the same topic on labour charges, I am very annoyed and disappointed about some bosses who complaint having to pay an extra 0.10 sen per bag for unloading cement upon arrival. Usually they have to pay 0.20 sen per bag. With the recent fuel hike, the workers are asking for extra 0.10 sen. These buggers bosses make a big issue out of it. What the f%*K ! They make so much extra out of the shortage and still reluctant to pay even an extra RM0.10 sen to others ? Don't they ever feel pity to others who are also having a family like them and need to survive ? Where is the win win situation ? I am in the feeling that our economy is going steeply down now, especially Kelantan.
The only thing that the prices is dropping right now is the share market and unit trust. Are we in recession now ???

Local steel bar prices cheaper, say millers

Who determine the price ? Based on the demand and supply factor, foreign market, the government or the millers ? With so few millers in the country, I supposed it is the millers within the control of the government so that the consumers will not be over charged.
Read the StarOnline Saturday June 14, 2008
Local steel bar prices cheaper, say millers
KUALA LUMPUR: Top local steel millers have clarified that prices of steel bars sold in cash terms to local distributors have not exceeded RM4,000 per tonne and are still below the prices sold by their Asean counterparts.
Since May 28, steel bars sold locally have not exceeded RM3,550 per tonne for the sizes Y16/20/25/32, which constitute about 70% of the market demand.
The Y12 steel bars were sold at RM3,700 and Y10 steel bars at RM3,750 per tonne respectively, according to a joint statement by Lion Group subsidiary Amsteel Mills Sdn Bhd, Ann Joo Steel Bhd, Kinsteel Bhd units Kin Kee Sdn Bhd and Perwaja Steel Sdn Bhd, Malaysia Steel Works (KL) Bhd and Southern Steel Bhd.
However, prices of steel bars sold by distributors to end-users are based on the credit risk and payment duration. Hence, the prices are beyond the control of the steel mills.
Local millers over the recent months had been implicated for selling steel bars locally at a price higher than the surrounding Asean countries.
In 2007, top steel millers’ total production was at 2.54 million tonnes with about 85% for the local market, compared with 2.12 million tonnes produced in 2006.
Effective May 12, the Government had lifted the ceiling price control and waived the requirement for approval permits and import duties for the import of steel bars and billets in Malaysia.
Local prices have since been adjusted to be in line with international steel prices.

Fuel Price Increase

The pump price for petrol is now RM2.70 per litre and diesel at RM2.58 a litre following a cut in the fuel subsidy effectively 5Th June 2008. The increase of 78 sen per litre for petrol and RM1 a litre for diesel still leaves their prices 30 sen below the market rate.
We are also expecting prices for building materials to increase as well especially those products which are cement based such as roofing tiles, ceilings, corrugated sheets and culverts since the prices for cement and steel bars is no longer under control price item.

Finally They Abolish The Ceiling Price !

What's going to happen to prices for houses, buildings, apartment, condominiums etc ????
thestar Online today..
Govt to abolish cement ceiling price
KUALA LUMPUR: The Government is scraping the ceiling price for cement to boost the country’s building industry and this will come into effect on Thursday.
Prime Minister Datuk Seri Abdullah Ahmad Badawi said in a statement Monday that importers would only need to pay 10% import duty in cement. Importers in Sabah and Sarawak would be exempted from having to obtain import licences, he said.
He said the Government had received many complaints about the supply of cement due to the fixed price for cement. He added the global cement prices had also risen above the government-controlled price.
“This problem has caused negative impact on the construction industry and jeopardised the country’s development projects,” he said.

Lion Industries Q3 earnings surge 388%

I wonder why the government waived the ceiling price for Steel Bars when these steel millers are making huge profits every year. Read today's thestar online..

PETALING JAYA: Lion Industries Corp Bhd's net profit for the third quarter ended March 31 soared 388% to RM200.81mil compared with a year earlier, while revenue rose 35.29% to RM1.69bil.
The improvement was due to higher selling price of steel, better profit margins and a gain on disposal of shares in associated companies, the company said in a results announcement to Bursa Malaysia. Read more...

Expecting Cement Price To Up By June..

Cement Plant stop accepting orders for the past two weeks. Now we are really having shortage especially in Kelantan. From sources, we are expecting price for cement to go up by RM1.00 to RM2.00 per 50 kg bagged. This is a huge increase compared to cement price right now is already RM11.50 per 50kg bag.
At the moment, most of the Cement players in Kelantan is YTL Cement and Lafarge Cement.
Is the government going to do something ?

Government may relax cement prices too

by the starOnline
PETALING JAYA: The cement industry may see some major price adjustments following the liberalisation of the steel industry on May 12. Read More.....

Malaysia to scrap ceiling price on steel bars, billets

Business Times
THE Malaysian government will scrap the ceiling price on steel bars and billets on May 12.Prime Minister Datuk Seri Abdullah Ahmad Badawi said in a statement today that Malaysian steel importers will be exempt from paying import duties.The measures will help Malaysian builders get sufficient supplies and ensure smooth implementation of development projects.Malaysia has a price cap of RM2,278 per tonne for steel bars and RM1,918 for steel billet.

Steel bar, cement price curbs to be lifted?

nstonline, 5/4/08: THE government is prepared to study whether to let market forces dictate prices of steel bars and cement, two of the most important building materials.International Trade and Industry Minister Tan Sri Muhyiddin Yassin said the government is gathering feedback from cement manufacturers, steel millers and contractors before deciding whether or not to do away with the present ceiling prices imposed on the two materials.While no time-frame was mentioned when the final decision may be made, Muhyiddin acknowledged the need for competitive pricing for both steel bars and cement."We will also consider easing the restriction placed on the import of these items in the Peninsular Malaysia," Muhyiddin said after witnessing a signing ceremony between Lion Group and China's Beijing Shougang International Engineering Technology Co Ltd in Kuala Lumpur. He was responding to a question on whether the government's temporary issuance of Approved Permits (AP) for importation of steel bars and cement for Sabah would soon apply to contractors in Peninsular Malaysia.A free market will facilitate local builders to source steel bars and cement at competitive rates as prices will be market-driven.For several years now, the Master Builders Association Malaysia (MBAM) has been asking for the government to allow importation of steel bars and cement. "Although we can now apply for AP to import steel bars, it is not really free market. If liberalisation of steel market means freeing up the market without the need to apply for AP, it is in line with the request we have made for the past few years," MBAM president Patrick Wong told Business Times yesterday.Real Estate and Housing Developers' Association (Rehda) president Ng Seing Liong welcomes plans to liberalise the steel market and said the government should also ban export of steel bars in the immediate term to ease current shortage of the material.

Price Goes Up, Bulk Products Short.

Three major suppliers for concrete roofing tiles decides to increase their price further up. Monier, Premier and Lama tiles increase their prices for concrete roof tiles simultaneously as of 1st January 2008. However, the demand have not increase much dued to festive and monsoon season.
Cement reamain shortage dued to poor delivery since one month before Chinese New Year. Pahang Cement blame it on the transporter for not consistent. However, the transporter blame it on the strict control by JPJ and frequesnt spot check. The lorries refuse to carry the goods as per maximum limit requirement as they claimt that diesel price is too high, and the transport charges pay by the factories per tonne is too low. Factories refuse to pay higher transport charges especially to Kelantan since Cement is a price control item. They rather sent to shorter distant somewhere nearer the factory. Hence, short supply for Kelantan market.
Price for Steel Bar increase slightly further to above RM500.00 per tonne above government control price.

Billets Up Again..

Price for Steel Bars never stop. It's too rediculous. Supply on quota and prices still going up. What happens to those contractor who tender the project prior to the price increase ? How much is the price for a house going to cost ? Supply is limited. What about the demand ? Is the government going to interfere ?

S.M.K. Panchor Perdana

1/12/2007

S.K. Tumpat 2

18/11/2007

Prices For Building Material Still Going Up !

As at to-date, there is no sign of prices for Building Material is going down. Steel Bars remain shortage and supply is on quotas. Prices remain at high price above Government Control. PVC products also goes up. Supply for cement remain the same. Price maintained. Probably due to the Monsoon season, the stocks for cement can be consider abundance in Kelantan. Surprisingly, prices for Concrete Roofing Tiles goes up by about 10%.

S.M.K. Kg Danggar, Pasir Mas

Project Status as at 27th October, 2007

Steel Bar Price Up, Supply On Quota

Steel Bar prices goes up far above from the government control price again, yet the supply is still on quota basics. Most of the projects are on slower phase now due to poor supply of steel bars and raining season.

Retail Market for building material is expected to be very slow and quiet now for the Kelantan Market due to the monsoon and after the Raya festival.

Overall, we expect the market to slow down till the end of December.

After The Long Raya Break..What then ?

What happens after the long Raya break ? Even though, the official off day is from 13Th. to 14Th. October, but most of the employees will take the opportunity to extend their leave to 'balik kampung" or go for holiday. Somehow, business will resume as usual beginning Monday 21st., October. Mean while, Kota Baharu and other districts in Kelantan is jammed with traffics with so many vehicles from outstation coming back home. Everyone is still with festive moods while friends, relatives and all get reunited.

Construction site workers will be at site, and labours will start working and chasing for goods. Everyone starts chasing for building materials, the suppliers will start chasing the factories and the transporter and hence forth. If the weather is fine..., business for construction materials will be booming for sometime.. till the year end !

Can Cement and Steel Bar still Short After Hari Raya ?

Selamat Hari Raya to all my Muslim friends... Well, business will be closed for the festivals and as usual, for precaution sake and for road safety purposes, all roads are closed to heavy vehicles (lorries).., as such we may expect Cement shortage when work begins. We are having shortage for steel bar right now since the beginning of fasting month. This could be due to the increase in demand for oversea's market and the launching of RMK 9 project simultaneously.

Well, my personal opinion is .... there will be heavy demand for these 2 goods..until mid November when the monsoon begins again in Kelantan.

MRSM, Tumpat

S.M.K. Kg Jias, Pasir mas

Terminal Makanan Negara (TEMAN) KB

S.M.K. Machang

Tesco Stores

S.M.K. Padang Kala, Kota Bharu

S.M.K. Tanjung Chat, Kota Bharu

S.M.K. Kutan, Pasir Mas

S.M.K. Long Gafar 2, KB

Kompleks Taman Budaya Negeri Kelantan, KB

S.M.K. Belimbing, Tanah Merah

Project Status as at 23rd October, 2007

Taman SL Perwira Perdana, Tanah Merah

Shop Lot @ Wakaf Che Yeh

14/12/2007 - Project almost complete.

Bandar Baru Tunjung, Wakaf Che Yeh