Hello all,
Welcome to my blog that talks about share investment idea in KLSE. Investment had been my passion, and sharing out my thoughts to be discuss among fellow investor will be a great venue for both me and you to continue improve on our investment method and also enlighten on new investment ideas.
Today I will talk about the what stock to be look out upon as sugar price is poised to be reduced in the future by the new Pakatan Harapan government.
One of my medium to long term pick stock selection to be seen benefiting for the lowering price of sugar will be Johotin - 7167. This company managed to catch my attention due to several coming up issue that will probably improve the company bottom line profit.
Johotin had a few business. Initially started out with tin can packaging, now Johotin already diversified into manufacturing F&B products such as sweetened condensed milk and evaporated milk. The business had been thriving and expanding, and is expanding overseas through JV with Able Diary.
Source is taken from The Star - https://www.thestar.com.my/business/business-news/2017/04/12/johore-tin-unit-to-make-us2mil-investment-in-mexico/
But what could be the latest catalyst for Johotin to see improvement in their earning could be a future reduction of raw material cost as Putrajaya mulls on putting down monopoly in the sugar trade, and signal for a lower price on the commodity.
According to an article taken from The Edge Malaysia, Deputy Domestic Trade and Consumer Affairs Minister Chong Chieng Jen had informed that Malaysia’s sugar prices may be reduced within the next six months as the government plans to negotiate with sugar refineries to reduce prices of the commodity.
Full article as per below:
The question now is - By how much will the decrease of sugar price affect Johotin bottom line net profit?
Stay tune and subscribe with us as we continue to update you on Johotin.
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Disclaimer:
This is not a recommendation to buy or sell any equity. The information contained should be treated for general information only. Any decision to deal with any securities, please consult your own investment adviser.
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Aiyah... Sugar price up.. diabetic also keep increase.
Sugar price drop.. also increase..
So now sugar price lower, can save some money for medication lo in future
2018-08-15 09:46
hahaha...
Now buy johotin.. profit can use for diabetes treatment in future also..
2018-08-15 09:47
Hidup_Anwar
If sugar price drop more people will become diabetic good?
2018-08-15 09:29