MSM is deal with monopoly sugar business in the country with net tangible assets atRM2.36 strong net assets backing Tomorrow will witness another round of price surging of RM.70 cents and above
Be a little bit patient with MSM profit taking activity in the morning is always unavoidable for a strong uptrending stock -MSM afternoon after 4pm will see the real power of price surging activitu
Fraser & Neave Holdings Bhd (F&N) and its wholly-owned unit F&N AgriValley Sdn Bhd have decided to pursue and evaluate other opportunities for its proposed integrated crop and dairy farming project in Chuping, Perlis, after MSM Malaysia Holdings Bhd terminated the land sale agreement on April 9, 2020.
It so hurt when tot it going to green zone before market close. More hurt after read F&N news. Juz hold after thinking MSM average price 2019 around 1.2++ & now i hv this ticket with more than 50% disct compare to 2019...
price of sugar has been increased as part of gov to control diabetes. This already a lucrative profits for MSM. Looking forward, ramadhan home-based cooking in on the rise.
Raw sugar and fuel are the natural capitals of our industry. Price of raw sugar has a great impact on our profit margin ( pls refer to pg 3 annual report 2019). The coronavirus (COVID-19) pandemic has taken its toll on global and domestic economy. As MSM is a recognised producer of an essential item, impact on our refineries have been minimal at this stage. Trade remains unaffected and we have an ample stock at hand to tide over any disruptions to the supply chain. (pg 6)
Raw sugar price is at the historical low of usd 10c per pound = rm 0.96c per kg since 1.april 20 pls refer to( sugar PRICE today) year 2019 raw sugar price average usd 13c
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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....
jennychin
570 posts
Posted by jennychin > 2020-04-22 16:43 | Report Abuse
MSM better go into a Mr.Right hand (syed mokthar or Kouk), guaranteed make tons of $$$