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05-Feb-2007 00:54

User Research/Opinions / Sand Ban - In Perspective

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- The ban has a positive impact. No matter how the media reports that govt is releasing sand reserve, it is clearly from different sources that it has impact Singapore directly.
Yes. it impact the contractors and concrete suppliers.

- I agreed that the ban is not something that comes without notice. As I have checked with land reclamation company, sand ban has somewhat in effect few years ago.
NO. sand ban occured 10 years by Malaysia, Indoneisa only start the ban effectively on 5 Feb 2007.

- At what time frame can we see the impact negatively eat into the profit of SGX companies?
it will immediately affect the profits of Contractors as they are paying double the price for concretes now. Also the cash flow of contractors are drying up as concrete suppliers are requeting cash on delivery m-now, no cash up front, no delivery.

- How much reserve does the govt has and how long it can last? Any where to find out? Just like US Crude reserve.
the reserve can last one and half month, can go to Lorong Halo, near Kakit Bulkit to check the stock. don't be fool by rumours that we have lot of sands, we can't afford to stock up too much due to to rental and space limitation.

- For how long will the sand ban episode can be sorted out among the construction and property supply chain?
The episode will still go on, just that contractors have to pay higher price for the sand. until such time our governemnt settle with Indonieiss, there is no way to solve this problem.

- Where are we buying sand now? How to avoid such incident from happening?
we are buying from Hainan Island, China and Vietnam. But the sands from Vietnam quality is very poor, very high wastage, as high as 20% to 30%. no way to prevent if we have such crazy neighnour.

- Is there any substitute from sand?
Yes. but substitutes are expensive and not worth the while, sands is very cheap commodity in other countries, just dig from the ground, don't have to do anything at all. will be stupid to spend lot of money just to produce it.

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05-Feb-2007 00:24

User Research/Opinions / Sand Ban - In Perspective

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Hi All,

I started this thread with the intent to look at the issue in perspective. What I have gathered from you guys are as follows:

- The ban has a positive impact. No matter how the media reports that govt is releasing sand reserve, it is clearly from different sources that it has impact Singapore directly.

- I agreed that the ban is not something that comes without notice. As I have checked with land reclamation company, sand ban has somewhat in effect few years ago.

Could you guys take this further on the following and if there are ppl on the ground who has more info, please feel free to share:

- At what time frame can we see the impact negatively eat into the profit of SGX companies?

- How much reserve does the govt has and how long it can last? Any where to find out? Just like US Crude reserve.

- For how long will the sand ban episode can be sorted out among the construction and property supply chain?

- Where are we buying sand now? How to avoid such incident from happening?

- Is there any substitute from sand?

Glad to hear your views on the above. Thanks

Happy sharing

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04-Feb-2007 22:09

User Research/Opinions / Sand Ban - In Perspective

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Title	:	S'pore can cope with sand ban in the long term as well
By	:
Date	:	03 February 2007 1931 hrs (SST)
URL	:	http://www.channelnewsasia.com/stories/singaporelocalnews/view/256476/1/.html

SINGAPORE: Singapore will be able to cope with the sand ban, not just in the short term, but also in the medium and long term.

That is the reassurance by National Development Minister Mah Bow Tan, who was speaking on the issue for the first time on Saturday.

He also said that the government plans to co-share up to 75 percent of the increase in the cost of sand with contractors on current government projects, in a one-off measure to help them tide over the disruption.

Mr Mah said it is fair for all parties to share the additional costs.

"We will take each particular contract and look at the additional costs involved and then work out a kind of co-sharing. We will share a significant part of the costs, based on where the burden falls. I expect all public sector agencies will negotiate with their contractors and I also expect the developers in the private sector to do likewise," said the National Development Minister.

Mr Mah remained tight-lipped on how much this move will cost the government, as this would vary on a project-to-project basis.

He said: "We are prepared to share a significant amount, a significant part of the costs. It can go up to as high as 75 percent, if necessary, but it all depends on each particular project, each particular contract.

"As I said, this is a one-off measure; it's a measure we believe will help all parties. Each party shares the burden fairly and in this way, we can overcome this temporary disruption and we can move on."

The building of major projects such as the integrated resorts will continue on schedule, with minimal impact.

Looking ahead, Mr Mah also said more needs to be done for the medium and long term.

He added that Singapore has already received two shipments of sand this week, after the ban.

But there is still a need for the industry to look at exploring alternative methods and construction materials to reduce the demand for sand. - CNA/so

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01-Feb-2007 19:29

User Research/Opinions / Sand Ban - In Perspective

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at least government step in to stabalise the price, const co can re-focus their time to build up the core bisuness.

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01-Feb-2007 16:51

User Research/Opinions / Sand Ban - In Perspective

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01-02-2007	Singapore Hot Stocks-Construction stocks jump on sand hopes
SINGAPORE, Feb 1 (Reuters) - Singapore's Straits Times Index <.STI> rose 1.19 percent to 3,162.86 points at 0807 GMT. Stocks and factors to watch: Construction stocks rallied on hopes that the price of sand could likely fall to S$20-S$30 per tonne from the current S$40. The Business Times cited the Singapore Contractors Association saying that the price of sand would be "fixed by the government for the next few months" as authorities release sand from its stockpile beginning Thursday. Construction and engineering firm Lian Beng Group jumped as much as 15.3 percent to S$0.34. BBR Holdings rose as much as 7.1 percent to S$0.15 while CSC Holdings went up as much as 6 percent to S$0.265. Yongnam Holdings , which makes foundation work using steel, rose 4.8 percent to S$0.22. All four stocks were actively traded, with Lian Beng, CSC and Yongnam dominating the volume chart in the broader market. 0806 GMT

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01-Feb-2007 12:49

User Research/Opinions / Sand Ban - In Perspective

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I have posted article from Taiwan that China had ban export of sand to Taiwan. I have heard that Spore also import sand from China. Wonder why China import sand from Indonesia, unless the sand from Indonesia is cheaper or of different quality for different purpose.

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01-Feb-2007 11:58

User Research/Opinions / Sand Ban - In Perspective

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Currently, Singapore meets more than 90% of its land sand demand from Indonesia imports of sand.

This latest ban will affect building material companies which employ sand as part of their raw material as well as further dampen the margins of Singapore construction companies and Singapore property developers. As China is also one of the main importers of sand from Indonesia, the PRC construction companies and property developers will also be affected by the ban.

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31-Jan-2007 23:07

User Research/Opinions / Sand Ban - In Perspective

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Any wise guys can provide information for the following questions:

a) which listed companies in Spore are adversely affected by the higher cost of sand. To be specific, is HLAsia affected? (I am vested in this counter)

b) which listed companies will benefit from the increase in sand price?

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31-Jan-2007 20:59

User Research/Opinions / Sand Ban - In Perspective

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Ohh ready hope so, hopefully sand px is steady as it goes...co's vested in Jasper (A Coy investing in profitting construction firms and so on).

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31-Jan-2007 19:39

User Research/Opinions / Sand Ban - In Perspective

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The release of sand from government stockpiles would help to stabilise sand prices.

Full Constructin activities will resume.

Sand consisted of only around 2% to 3% of the whole construction cost, the impact is very small.

Consturction co look set to fly.

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31-Jan-2007 15:59

User Research/Opinions / Sand Ban - In Perspective

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Copy from what I have posted under Ho Bee Thread on 29 Jan .

Main Contractors normally will buy resources by contract per project. So for any project, increase in prices will not affect them. Only the supplier will lose out. At present, contractors are getting 80% of their requirement (concrete mix which requires sand). The suppliers also buy sand from China. The main factor is money, who pays more who will get it. So if they pay more, sand is no problem.

At that time, the main con was having only 80% of the usual supply. Now I have no idea.

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31-Jan-2007 15:47

User Research/Opinions / Sand Ban - In Perspective

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In places where there is sand, it cost nothing. It is the mining, handling and transportation cost that decide its final selling price. The highest component is the transportation cost. The longer the distance from source to end user, the higher the price.

Although the government has stockpile, I do not believe they are going to sell at $25.00 a ton. Remember, this is Singapore Inc. and nothing is free or discounted. This is an opportunity to make a killing!!!

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31-Jan-2007 14:03

User Research/Opinions / Sand Ban - In Perspective

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Please share where you got the figures from. Thanks

It is true that the price of sand will rise due to higher transportation cost involved in shipping sand from distant sources. But the release of sand from government stockpiles would help to stabilise sand prices.

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31-Jan-2007 13:22

User Research/Opinions / Sand Ban - In Perspective

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govt and BCA will release sands tomorrow. but at a hign price of $25 per ton for the month of Feb and, starting from March at $60 per ton.

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31-Jan-2007 11:29

User Research/Opinions / Sand Ban - In Perspective

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have to wait a while, not so soon lah, everybody need to take a break.

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31-Jan-2007 11:22

User Research/Opinions / Sand Ban - In Perspective

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I am not worried for them. But rather want to use them to push up the construction counters when they are back in play soon

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31-Jan-2007 11:07

User Research/Opinions / Sand Ban - In Perspective

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don't worry for the shortists leh, construction counters already fall substantially since 23 Jan 2007, they already covered their positions and make a bundle of money already.

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31-Jan-2007 09:46

User Research/Opinions / Sand Ban - In Perspective

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Why do I get the feeling that several posts here are not genuine contractors puportedly suffering from the sand issue, but rather disguised shortists who have shorted down construction stocks last week? Cool

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31-Jan-2007 09:20

User Research/Opinions / Sand Ban - In Perspective

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govt supply will be release to contractors, at $60 per ton.

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31-Jan-2007 08:53

User Research/Opinions / Sand Ban - In Perspective

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Remember those news reports where metal grills and sign board were stolen or missing near MRT stations and HDB blocks not too long ago?

Don't be surprised if you wake up the next morning and find lots of holes in the ground. Garang Guni men are eyeing on this new precious commodity since it's worth so much!

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