The Fund manager and EPF still nonstop disposing it…still long way to go

@newbie8080
Order book doesn't mean delivered, EatCCN prediction might be correct...

Anticipate raw materials cost Still high for coming quater due to high inflation

AJI no motor, take boleh jalan lagi ...

Ready for which direction, gi Kelantan atua JB ? haha...

Hi, Any idea Johor plant already resume back operation of boiler breakdown?

I think the new CEO and the board should take note of the articles remark and rectify it

https://www.theedgemarkets.com/article/frankly-speaking-neverending-problems-msms-johor-plant

Earlier this month, sugar refiner MSM Malaysia Holdings Bhd announced a temporary production shutdown of its refinery at Johor for a period of two months from April to May 2021.

The shutdown, effective March 31, is to allow for boiler rectification after a breakdown. 

First, it does not look good that the announcement was made to the local bourse a week after the shutdown. Also, the negative development could adversely impact MSM’s earnings in the second quarter. 

In addition, the shutdown comes ahead of the Hari Raya festivities and the reopening of the economy, when demand is likely to be higher than usual. Will MSM be missing out on an earnings opportunity?

The Johor plant makes up more than 50% of MSM’s refining capacity and was commissioned in 2018. In its 2018 annual report, MSM said that the plant had made it “one of the largest standalone sugar refiners in Asia, in terms of capacity” and with the increased production capacity, MSM was “targeting new regional and international markets to grow”.

Sadly, this has not happened. 

In its 2019 annual report, MSM said the Johor plant achieved 48.5% of its targeted production for the year, and said that “2019 was basically a phase dedicated to ramp up the plant and it was also a familiarisation period for our operators. Efforts were dedicated towards fine-tuning all process parameters, establishing the auto sequence operation and regulating machinery adjustments based on actual and higher loads.”

There were several breakdowns and a product contamination incident in 2019. These and other challenges resulted in a utilisation of only 18%.

Why is MSM’s new plant beset with issues?

In cuci stage and price keep dropping.

Still many bad news surface out...

KWP keep disposing causing it turn red

Simple sharing to Pogbaggmu

"SLP Resources Berhad (SLP) is an investment holding company based in Malaysia. The company is involved in manufacturing, exporting and distribution of plastic packaging products and plastic related goods, as well as trading of polymer products such as plastic resins."

They are trading the plastic resins too...please think about that if the LLDPE price are low due to weak demand

I'm just explain to Davidkkw, Scgm is not undervalue. Its just a fair value...

Hi Pogba, how much you understand about SLP

I think now is the fair value in view of Covid19 and political issue.

Scgm has spent a lot of money for new plant and machinery upgrading from the past.

You can get it from investing.com

the raw material LLDPE keep dropping from 9000 to 6000, this qtr profit will be juicy.....

0.55 is fair value now for long term investment. maybe can start accumulate

Good, drop more then I start to accumulate again

Good move today... Sold half and will start accumulate if break 0.5

QR . P&L . SHARE PRICE @ CLOSING QR DATE
18Q4 - 11M . 0.945
19Q1 - 2.3M . 0.535
19Q2 - -11M . 0.355 (Negative)
19Q3- 3.7M . 0.41
19Q4 - 12M . 0.455
20Q1 - 3.9M . 0.405

I'm simulate the QR profit vs Share Price vs Past transaction Volume....
Something fishy is happening.....

It's time to accumulate some, average down. Keep for a while,, it will be back

Today poultry share promotion, but no so attractive for me yet

MA20 already pecah....
If oil price keep dropping, need to be careful

This counter is too heavy to move....

Buying this counter is for long term investment.
As long as the board and management is working hard, then it will be bear fruit.
If they still main-main, then got to jaga-jaga.

Again Yap san,.....please work harder, we are watching you

Yap san, answer please.

HB is pushing the management now, let them feel the pressure and work harder.
Yap san : no more lavish meals, no more mercy.......

HB, please continue to load more negative comment.
Then the share price will drop again.

LH IPO will move the market sentiment for lifestock farming's company, Teoseng, LH, QL may goreng too, let see

Anticipate price will be slowing in uptrend in month of May

Shark is playing the games and testing buyer patient now.

It's happened for most of the counter

However, need to be caution if the price break 0.4

Egg price too rise few months ago, both will contribute in this QR

Ringgit going strong in Jan-Mar19, Only weaken in April19
This coming QR for Jan-Mar will be OK

It will break 0.5 when the shark collect enough ticket

This quarter's report will be good with depreciate currency and high egg price.

Layhong are fluctuated btw 0.4~0.5 spectrum for the past 3 months.
The shark are collecting the ticket with sell high buy low