MSM MALAYSIA HOLDINGS BERHAD

KLSE (MYR): MSM (5202)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

2.74

Today's Change

+0.34 (14.17%)

Day's Change

2.36 - 2.78

Trading Volume

6,821,800


4 people like this.

3,512 comment(s). Last comment by meisarel 2 hours ago

Sargon15

20 posts

Posted by Sargon15 > 4 weeks ago | Report Abuse

Maybe everyone waiting for the announcement of ceiling price sugar hike

James_Bond

2,246 posts

Posted by James_Bond > 4 weeks ago | Report Abuse

Just wonder where r those jokers who looked down on MSM?! Haha!

meisarel

577 posts

Posted by meisarel > 4 weeks ago | Report Abuse

Booked profit first today. Been riding since 1.46.

Will revisit MSM in Feb. Good luck all!!!

KylieTan

213 posts

Posted by KylieTan > 3 weeks ago | Report Abuse

Nice, what a good profit you have made, meisarel👍

Luisa7

87 posts

Posted by Luisa7 > 3 weeks ago | Report Abuse

@James_Bond. They are hiding at their room and eating 'sugar' 😁

meisarel

577 posts

Posted by meisarel > 3 weeks ago | Report Abuse

@KylieTan

Thanks. Anyway, I could be wrong in my technical assessment. Good luck everyone!!

rlch

4,124 posts

Posted by rlch > 3 weeks ago | Report Abuse

After so many days up down 1 sen is just minor profit taking.

Posted by estrabrook > 3 weeks ago | Report Abuse

Ah, took my <2 TP earlier, missed the spike for more haha

Pinpin

58 posts

Posted by Pinpin > 3 weeks ago | Report Abuse

So fast did already ?

investopology

1,898 posts

Posted by investopology > 3 weeks ago | Report Abuse

Seem like sell down is real

Posted by treasurehunter > 3 weeks ago | Report Abuse

healthy retrace, finding solid ground before next leap

newbie5354_

1,235 posts

Posted by newbie5354_ > 3 weeks ago | Report Abuse

If sugar RM 2.85/kg got increase best is govn must announce today so tomorrow new price? If no announcement sugar hike delay another month?

newbie5354_

1,235 posts

Posted by newbie5354_ > 3 weeks ago | Report Abuse

If sugar price really increase best is announce late today(if possible after 9.00-10 pm) so that people won't have time to go to supermarket to buy cheaper sugar?

rlch

4,124 posts

Posted by rlch > 3 weeks ago | Report Abuse

I only consume 0.5 kg sugar a month. Even sugar up RM 1/kg to RM 3.85/kg I only have to pay extra 50 sen sure affordable sum. If those really cannot pay extra they should cut sugar consumption is it hard?

Luisa7

87 posts

Posted by Luisa7 > 3 weeks ago | Report Abuse

Besides your own domestic use, for commercial use, sugar is used for making confectionary and others. Do you know how big the sugar consumption is?

rlch

4,124 posts

Posted by rlch > 3 weeks ago | Report Abuse

Sugar price remain same and CFO back to work is bad news so MSM drop?

rlch

4,124 posts

Posted by rlch > 3 weeks ago | Report Abuse

Produce RM 2.85/kg sugar less until shortage like rice why MSM cannot do?

rlch

4,124 posts

Posted by rlch > 3 weeks ago | Report Abuse

Yesterday visited Lotus see plenty RM 2.85/kg on sale so MSM loss to continue even in 2024?

rlch

4,124 posts

Posted by rlch > 3 weeks ago | Report Abuse

Export more eg to S'pore is one way MSM to make profit?

KylieTan

213 posts

Posted by KylieTan > 2 weeks ago | Report Abuse

Probably. Anyway, I remain optimistic about MSM's FY2024 performance

5354_

4,360 posts

Posted by 5354_ > 2 weeks ago | Report Abuse

Up 15 sen any good news?

meisarel

577 posts

Posted by meisarel > 2 weeks ago | Report Abuse

https://www.astroawani.com/berita-bisnes/felda-sepatutnya-utamakan-pengeluaran-minyak-sawit-bukan-buat-gula-miliki-hotel-johari-ghani-457094?amp=1

Interesting point is as per below:

“Felda tidak sepatutnya melihat di luar industri sawit. Kita perlu fokus, dan tidak boleh terlibat dalam terlalu banyak perkara seperti pembuatan gula, memiliki hotel”

5354_

4,360 posts

Posted by 5354_ > 2 weeks ago | Report Abuse

Syed Mokhtar(who own CSR sugar) will buy MSM?

meisarel

577 posts

Posted by meisarel > 2 weeks ago | Report Abuse

Based on previous media report, Wilmar and Syed M was interested. Anyway, that remains as speculation for now.

Personally, I feel if the sugar price is floated MSM will be a profitable company. Alternatively, gov come in and subsidise like what they are doing currently at RM 24 mil per month.

When Gula Perai was under the previous billionaire owner, it received subsidy to the tune of RM 500++million every year!!

5354_

4,360 posts

Posted by 5354_ > 2 weeks ago | Report Abuse

If base on Johari Abdul Ghani yesterday comments I don't think sugar price can be floated in Malaysia. So best is Felda must find buyer for MSM.

5354_

4,360 posts

Posted by 5354_ > 2 weeks ago | Report Abuse

Export more eg to S'pore and more wealthy country is way for MSM to turn profitable. RM 2.85/kg sugar MSM must produce less(subject to govn quota).

KylieTan

213 posts

Posted by KylieTan > 2 weeks ago | Report Abuse

Other wealthy countries, like the UK, got a sugar levy because they wanted to reduce the number of obese people there

meisarel

577 posts

Posted by meisarel > 1 week ago | Report Abuse

Choices are limited. Options are:

1) float price
2) give subsidy/incentive
3) hybrid mechanism ( mix of option 1 and 2)
4) force MSM and CSR to bear the losses to maintain current price.

In terms of risk, option 4 is the riskiest as it most likely will lead to sugar shortage and therefore food security issue in Malaysia if both MSM and CSR go bust. They have been bleeding since the sugar price spike in 2022&2023.

Hence, the only feasible option left is either 1, 2 and 3. Whichever way you cut it, it will benefit MSM greatly as the new sale price will have to cover its cost. It can stop bleeding and record loss and with the Johor plant refinery reliability fully restored now, more can be done to cater for export market.

Personally, I think MSM is a cornered stock. And if food security is a priority for the government, then naturally the only way its share price can go moving forward is UP!!!

meisarel

577 posts

Posted by meisarel > 1 week ago | Report Abuse

@5354_ There will be no buyer who wants to buy MSM if the selling price controlled by government is way below the cost of production. Nobody wants to invest in a “sure loss” business.

For example, government has granted more APs to companies to import sugar. Target volume was 550,000 tonnes. HOWEVER, only 4% (22,000 tonnes) was brought in. NOBODY is willing to bring in sugar from international market at higher price and sell in Malaysia at a loss!! And NOBODY wants to buy MSM without any revision on local sugar pricing.

https://www.malaymail.com/amp/news/malaysia/2023/11/12/malaysias-sugar-supply-disruption-due-to-spike-in-prices-in-international-market-says-armizan/101717

5354_
If base on Johari Abdul Ghani yesterday comments I don't think sugar price can be floated in Malaysia. So best is Felda must find buyer for MSM.

James_Bond

2,246 posts

Posted by James_Bond > 1 week ago | Report Abuse

Go go go MSM!

James_Bond

2,246 posts

Posted by James_Bond > 1 week ago | Report Abuse

No wonder 90% retailers losing money… main reason is that they always chasing high rather than buying low…

meisarel

577 posts

Posted by meisarel > 1 week ago | Report Abuse

Technically looks nice. Another price surge around the corner?

James_Bond

2,246 posts

Posted by James_Bond > 1 week ago | Report Abuse

Go go go MSM, I m loving you… haha…

KylieTan

213 posts

Posted by KylieTan > 1 week ago | Report Abuse

Sugar demand also rises during CNY 😀

James_Bond

2,246 posts

Posted by James_Bond > 1 week ago | Report Abuse

Indeed Kylie… go go go MSM! Haha… we r laughing to the bank!

meisarel

577 posts

Posted by meisarel > 1 week ago | Report Abuse

Q4 2023 expected next week. Good result?

Luisa7

87 posts

Posted by Luisa7 > 1 week ago | Report Abuse

high probability for it to turn green

Luisa7

87 posts

Posted by Luisa7 > 1 week ago | Report Abuse

high probability for it to turn green

meisarel

577 posts

Posted by meisarel > 6 days ago | Report Abuse

Volume building up with breakout. Looking good!!

KylieTan

213 posts

Posted by KylieTan > 5 days ago | Report Abuse

All eyeing on its Q4 result 😊

meisarel

577 posts

Posted by meisarel > 5 days ago | Report Abuse

Indeed. Expected Q4 result announcement tomorrow

Sargon15

20 posts

Posted by Sargon15 > 3 days ago | Report Abuse

Nice QR from MSM. bravo!

James_Bond

2,246 posts

Posted by James_Bond > 3 days ago | Report Abuse

Great QR! Congrats comrades! We laughing to the bank! Haha!

James_Bond

2,246 posts

Posted by James_Bond > 3 days ago | Report Abuse

Just wonder where r those jokers who looked down and bad mouth on my MSM stock picks? Haha… by now you should know that I m 99% right!

meisarel

577 posts

Posted by meisarel > 3 days ago | Report Abuse

Great result!!

The 2 month incentive totalling 48 million. This is equivalent to RM 1 incentive to each kg produced for domestic retail sugar sold at RM2.85/kg.

Effectively, with gov incentive MSM ‘sold’ sugar at 2.85 + 1 = RM3.85 per kg in Nov and Dec for 24,000 tonnes as per their commitment volume.

Which means, if it is not because of unsustainable illogical low sugar price set by government, MSM can make significant profit.

If government approve the price hike at 3.85 as requested by MSM, we can expect MSM to record roughly about 70 million per quarter @ EPS of 10 sen per share. At RM 3.85 it is still one of the cheapest price in the region, maybe after Thailand which is a sugar producing nation. Doesnt make sense at all that the price is cheaper than Thailand like it is today.

csan

428 posts

Posted by csan > 3 days ago | Report Abuse

there are one off gains of RM31 million. not sure why people are celebrating

Yuan28

11 posts

Posted by Yuan28 > 3 hours ago | Report Abuse

Discover how useful is Mr. AI Alert Channel and learn how to spot MSM earlier at 0.85..

https://www.dexterchia.com/blog/msm-malaysia-holdings-bhd-share-price-skyrocketing-how-to-spot-it-earlier

rlch

4,124 posts

Posted by rlch > 2 hours ago | Report Abuse

Sugar price allow increase?

meisarel

577 posts

Posted by meisarel > 2 hours ago | Report Abuse

Indonesia price RM 5.40++ Malaysia price 2.85? Where is the logic

Even Thailand, a sugar producing nation set at 3.50++

No logic at all price in Malaysia. Not sustainable!!

meisarel

577 posts

Posted by meisarel > 2 hours ago | Report Abuse

If gov still want to set at illogical price at 2.85, can. Let gomen give subsidy. Dont force Felda to subsidise that illogical low price.

Post a Comment