U think history class mehh. People tok invest he tok ancient bedtime stories...haiyoo. If u so like sugar then u better buy a lot put inside ur house to enjoy until u diabetic lu
See MSM is crashing lohh...all quarter results suffer huge losses. How to have good share price ohh...must come crashing down and need bailout from gomen leh. EPF sold out & ceased to be substantial shareholder is big alarm to u already mahh...dun be stubborn
sugarfree See MSM is crashing lohh...all quarter results suffer huge losses. How to have good share price ohh...must come crashing down and need bailout from gomen leh. EPF sold out & ceased to be substantial shareholder is big alarm to u already mahh...dun be stubborn 13/04/2020 6:02 PM
we get it. ur just missed the boat while some already booked 50- 70pc return on this counter less than a month. what sugar price ? quarter results? yawnn. moving on ++++
sugarfree See MSM is crashing lohh...all quarter results suffer huge losses. How to have good share price ohh...must come crashing down and need bailout from gomen leh. EPF sold out & ceased to be substantial shareholder is big alarm to u already mahh...dun be stubborn
Covid 19 has distrupt the global food chain ....how long will the supply chain related to sugar remains intact ? will sugar demand rise due to lockdown in India, Philiphines....etc affect production of sugar? How many countries are importers of sugar ? Will sugar price spike when demand is high ?
KUALA LUMPUR (April 14): The Employees Provident Fund (EPF) has ceased to become a substantial shareholder in Top Glove Corp Bhd after disposing of 3.08 million shares in the rubber glove manufacturer.
EPF needs liquidity asap to helps those B40 withdrawal of RM 500 per member ...looks like MSM not spare but another man ‘s poison is another man Sugar !
Raw sugar average price us12.8c per pound in 2019, we estimate us11c in 2020.so us 1.8c per pound cheaper than 2019. us 1.8c p. pound = usd 39.68 per ton = rm 170 per metric ton. MSM can produce 880,000 metric ton of sugar , so the cost of raw material can save up to rm 149m
Sugar is a strategic commodity whose consumption continues to increase from year to year to keep up with the population growth, the increase in per capita consumption and the expansion of the sugar industry itself. Therefore, the government must pay attention to the development of this industry. Sugar consumption continues to increase from year to year, and stronger growth has been noted in refined sugar consumption. Higher growth in refined sugar consumption has been driven by competition in the market.
The continued expansion of the food and beverage industry has boosted the demand for sugar in the country. Sugar consumption is expected to continue to increase in the coming years. The COVID-19 outbreak has driven people to stockpile food, including sugar. Thus, sugar stocks have thinned and its purchase has been restricted. At present, due to this outbreak, Scarcity is causing sugar prices to soar, consequently the government has had to take measures to address this sooner or later
Lower production, delayed imports will further tighten sugar ... “There is a basic sufficiency of all commodities provided here. The only commodity that concerns us is sugar,
Turning sugar into hand sanitizer Tuesday, April 14th 2020, 3:18 PM CDT The sugar cane industry is a big proponent to the Louisiana state economy. One product made with this crop is rum. This Week in Louisiana Ag presents this video highlighting how the Three Roll Estate distillery is switching production from rum to sanitizer, to help keep individuals healthy and aid in battling the coronavirus pandemic.
98% shares hold by fgv , amanah saha, valuecap, epf and, islamic fund., only less than 2% ( 14m) in retailers hand (pls refer to 2018 annual report. pg.246)
its gonna fly soon ...most like me holding long due to my friends who has to pay avg rm3.5 past few years ago just 1 lot of MSM , at this price buy 1 free 9 ...nothing to lose
If global raw sugar price increase, it would be disadvantage to MSM. Need to fork out more to import raw sugar but not able to increase price when selling to end user (due to sugar being price control item)
What makes you think local sugar price will stay status cou? look at palm cooking oil price ....saji oledi increase recently , global oil now super low , local kopitiam oledi increase after cny , its only a matter of time sugar pricing will be reviewed upwards ....gov needs revenue amid covid 19
yes,need the govt to review the sugar pricing upwards to benefit msm..but i dont think it will be done anytime soon...my guess no review until everything stabilized which may take months or year
As per the latest report by IMARC Group, titled “Sugar Substitutes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the global sugar substitutes market size reached US$ 15.7 Billion in 2019. Sugar substitutes are chemical or plant-based substances that replicate the taste of sugar. They are non-nutritive, high-intensity sweeteners, which are utilized for sweetening or enhancing the flavor of different food products and beverages, such as jellies, candies, puddings, canned food, baked goods, dairy products, soft drinks and powdered drink mixes. They are around 200 times sweeter than sugar and can help in weight loss, promoting dental health and maintaining the blood sugar levels.
Whole world into recession if u still don't get the memo. Unemployment rate has risen & still rising. The B40 and even M40 are struggling...not to mention many SMEs are on the brink of closure and financial distress due to business shock & shutdown by this pandemic. The average rakyat will cut down spending and businesses will sell less. Sugar demand will be affected for sure. If before this covid-9 threat that MSM is already suffering huge losses, u think now that MSM is going to post some magic positive numbers in its next few quarterly earnings? Use your brain.
It's a good thing that EPF continues to trim its stakes in such poorly run company. EPF has to take care of the rakyat's monies not to stay invested or invest into politically swayed companies. Now PN is just similar to BN...they will be milking MSM off with bad deals. Holding onto it is not a wise move.
why listen to lowballers ? This company used to belongs to the RICHEST Malaysian who sold to FGV at MYR1.22 Billion in 2011. Its easy to make huge profit once sugar price is revised due to global demand or Gov feels its about time to revise bcoz even country like Singapore, Indonesia, Thailand and even India selling their refined sugar more expensive than us . Malaysia has to decide on lowering Gov subsidies due to market forces
Even when Gov who has not been Lowering the SUGAR subsidies but the rakyat has been overpaying for their beverages at restaurants or kedai kopi ..how mush do you pay for your kopi/teh now? ...its just a matter of time ...by then this share will see its glory days once again
Alanpipi, u also know how to say Robert Kuok "used to" means he dumped it because no good loh! The sugar business is suffering from margin compression for multi years mah... don't u know? This is all because of BN pushing him around.
He rather restart an even bigger sugar plantation in Indonesia and Brazil better this goner MSM mah. Very soon this PN/BN home will strip off its assets in bad deals loh. U also know how to say majority shares owned by home GLC and cr....so a perfect formula for them to do bad deals.....this GLC companies won't mind mah coz PN/BN control them already mah.....still don't understand meh? Bodoh pipi
Buying a politically linked stock can be dangerous whereas u gamble on hope the gomen will raise sugar price. This is an essential item for rakyat...it won't happen especially with pandemic
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sugarfree
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Posted by sugarfree > 2020-04-13 11:14 | Report Abuse
Alanpipi, sugar futures rally mehh? Where got ohh...collapsed sudah mah...see chart ehh haha