Posted by heesing62 > 2 months ago | Report Abuse

This counter is like casino….. the management is poor if you compared against Robert’s era.

Posted by thundery > 2 months ago | Report Abuse

Gambling stock

Posted by UncleFollower > 2 months ago | Report Abuse

Fair enough to say management is poor vs Robert's era. But it is for the poor management that here we are given a chance to buy it so low.

Their greatest obstacle is the legacy Johor plant. Felda should not have done it back then but it is already built and sunk in. Current CEO's focus on changing that is the right direction. Can't be faulted too much if he fails to turn it around 😅

Their 2nd obstacle is the way they hedge. Robert is famous for making more in directional bets on sugar futures than the factories could produce. MSM today hedges out of necessity so there'll always be a time lag effect. They are trying to take fewer directional bets, with an aim for stability and ultimately paying back some dividends to Felda.

Posted by UncleFollower > 2 months ago | Report Abuse

That's what's happening to the business. This stock moves in an entirely different way. Because it is so tightly held and so illiquid, the share price action is clearly driven by sharks more than fundamentals. Definitely right to say it's a gambling stock - thats why I am here 😂

Posted by rhtc88 > 2 months ago | Report Abuse

Yesterday sold at RM 1.31 with 5%. Small gain better than lose. Looking forward to buy again when drop more.

Posted by Besafe > 2 months ago | Report Abuse

Pump and dump stock. Got make a bit just sell. Haha

Posted by KylieTan > 2 months ago | Report Abuse

It's gambling stock for FIFO traders, thundery 😄

Posted by UncleFollower > 2 months ago | Report Abuse

Hard to understand right? 1.40+ all of us are sellers, yet buying volume was there. Now who is selling it down? Always hard to understand

Posted by Luisa7 > 1 month ago | Report Abuse

Operators sell it down...I guess

Posted by Michael Kwok > 1 month ago | Report Abuse

Msm 1.29
If substain 1.30 range long enough,then 1.50 above the tp.
4/11/24 2.18pm

Posted by Besafe > 1 month ago | Report Abuse

Government no help, this pump and dump stock won't go up. Haha

Posted by UncleFollower > 1 month ago | Report Abuse

You're right, another round coming

Posted by Besafe > 1 month ago | Report Abuse

@ UncleFollower: when government no support this counter can never go up. Right now, is just a pump and dump counter.

Posted by Luisa7 > 1 month ago | Report Abuse

Need local funds like EPF, KWAP to support ...

Posted by UncleFollower > 1 month ago | Report Abuse

Erm I am actually still pretty happy w MSM. The last round the rapid crash heading towards 1.00 with no support was scary. Then bottom apparently found. Now hit together with everything else is normal. Ringgit hit so badly. There's no where to hide, other than cash and large caps. I would take this opportunity to buy those being hit and when I run out of bullets, holiday. Merry Xmas gais

Posted by MrFox > 1 month ago | Report Abuse

i think the operators say the fruitcake is mouldy!!!
haha

Posted by mf > 1 month ago | Report Abuse

2024-11-21

Quarter Result

Quarter Result on 30-Sep-2024[#3] QoQ - -53.59% YoY - -37.98%.

Posted by troy88 > 1 month ago | Report Abuse

Rubbish company run by crooked management

Posted by Besafe > 1 month ago | Report Abuse

All sitting at high posts and get fat pay cheques every month. This kind of easy work, only people with connections can get. Welcome to boleh land.

Posted by Besafe > 1 month ago | Report Abuse

The whole msm management hopeless la. Do business they know iron meh. Ask them hanky panky confirmed number 1. People do monopoly business mostly make but in Malaysia is it the other way out. If I am msm ceo, I will immediately tender my resignation. Haha

Posted by Besafe > 1 month ago | Report Abuse

If every q also lose money soon will be below rm 1. Back to the lowest price of 0.70. Yet all the useless management will still be getting fat pay cheques 😂😂

Posted by UncleFollower > 1 month ago | Report Abuse

Well played fruitcake, have to play this counter this way 🤣

Posted by nrama123 > 1 month ago | Report Abuse

Butoo punya counter..MSM corrupted company i guess

Posted by JacNgu > 1 month ago | Report Abuse

"pour some sugar on me". God, I 💕 this song

Posted by Besafe > 1 month ago | Report Abuse

Next week below rm 1.00.

Posted by Besafe > 1 month ago | Report Abuse

If don't have the expertise to run a company, just privatised it. See people do good, then want to buy over and when sendiri do the business, can't even do well as all the top management only care about their own pockets. Can sapu just sapu.

Posted by UncleFollower > 1 month ago | Report Abuse

Bought back at 1.09. Buying at 1.09 is scarier than buying at 1.22. Different times

Posted by meisarel > 1 month ago | Report Abuse

All in. Next quarter expected to be good. Good luck all!

Posted by UncleFollower > 1 month ago | Report Abuse

Matched more at 1.09 very close to closing. Not sure can laugh or not yet. Day 1 drop 10%. If Day 2 drop another 10% we looking at 70-80c then really can't laugh liao 🤣

Posted by UncleFollower > 1 month ago | Report Abuse

This one...after so many rounds, I think can buy on the way down. Catch the falling knife ouch. Just buy because there'll be a goreng, then don't be greedy remember to sell

Posted by Tigerchan > 1 month ago | Report Abuse

Wait no hurry 0.80. If come, dangerous.

Posted by Besafe > 1 month ago | Report Abuse

When will government bail them out again? Haha

Posted by riza666 > 1 month ago | Report Abuse

MSM Malaysia Holdings Bhd (MSM) mencatatkan kerugian bersih sebanyak RM49.76 juta pada suku ketiga yang berakhir 30 September 2024, satu kerugian yang lebih besar berbanding RM36.06 juta pada suku yang sama tahun lalu. Syarikat SM juga...

Posted by Besafe > 1 month ago | Report Abuse

Monopoly business also can lose money. Yet all this bunch of useless management still getting fat pay cheques. Haha

Posted by UncleFollower > 1 month ago | Report Abuse

Back to being a boring counter. There'll be trading opportuities heading towards the festive seasons la

Posted by rhtc88 > 1 month ago | Report Abuse

Looking forward to below 1. Come on!! MSM

Posted by meisarel > 1 month ago | Report Abuse

Ceo said upcoming quarter expected to be good. “4Q is a lot brighter and we are optimistic of getting back in the black for the full year.”

Posted by meisarel > 1 month ago | Report Abuse

That means Q4 should record net profit of at least 40 mil

Posted by Kyuki0509 > 1 month ago | Report Abuse

Meisarel

Ceo said upcoming quarter expected to be good. “4Q is a lot brighter and we are optimistic of getting back in the black for the full year.”

Where is the source?

Posted by meisarel > 1 month ago | Report Abuse

Kyuki0509

https://www.thestar.com.my/business/business-news/2024/10/21/will-msm-see-a-sweet-turnaround

Thestar interview. 19th October 2024

Posted by Luisa7 > 1 month ago | Report Abuse

Seems like MSM has stopped its downfall and rebounded

Posted by newbie9893 > 3 weeks ago | Report Abuse

last chance to buy MSM below 1.2, you won't be able to get this price tomorrow.

Posted by meisarel > 3 weeks ago | Report Abuse

Time to slowly reclaim lost ground!!

Posted by Luisa7 > 3 weeks ago | Report Abuse

What will be the next catalyst for MSM? 🤔

Posted by meisarel > 3 weeks ago | Report Abuse

To grow export market. Johor plant running at only 50% capacity

Posted by Luisa7 > 2 weeks ago | Report Abuse

When did the rumor spread Robert Kuok buying MSM ? 😆

Posted by Superdaddy > 2 weeks ago | Report Abuse

Plenty of upside opportunities. Cheers!!!

Posted by Luisa7 > 1 week ago | Report Abuse

The tax was raised to RM0.50 last year, with an increase to RM0.90 proposed for 2025.

https://www.freemalaysiatoday.com/category/nation/2024/12/17/do-more-than-just-a-sugar-tax-for-real-change-say-experts/

Posted by Markv572421 > 1 week ago | Report Abuse

Plenty of dropping 🤣🤣🤣🤣🤣🤣🤣🤣

Posted by Luisa7 > 4 days ago | Report Abuse

I think I will just snipe when the price is below RM1 ...