128Huat Potential StockPick
MSM Malaysia Holdings Berhad (5202) - Government to the Rescue!!
https://www.tiktok.com/@shaberyc/video/7303886296777264392?_r=1&_t=8hXt2tgA762
With reference to the TikTok posted by Datuk Seri Ahmad Shabery Cheek, Chairman of FELDA, the Government of Malaysia has decided to incentivise MSM Malaysia Holdings Berhad RM1.00 per kg of sugar sold.
https://www.thestar.com.my/news/nation/2023/09/18/sugar-industry-crash-imminent-if-price-structure-not-reviewed-says-fuziah
According to Fuziah Salleh, the Deputy Domestic Trade and Cost of Living Minister, for every 1kg of sugar produced, MSM is losing 88 cents.
Therefore, with the incentive of RM1.00, MSM will enjoy a profit of 12 cents!!
With the incentive, MSM will be able to not only turnaround, but be profitable!
Good news to all MSM shareholders!
Good news to all FGV shareholders!
Good news to all FELDA settlers!
Good news to all Rakyat Malaysia too!
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