Posted by ramunia > 2020-05-27 19:44 | Report Abuse

You are right kl guy.. A very poor company with a group of incompetent managers and ceo

Posted by mf > 2020-05-27 19:45 |

Post removed.Why?

Posted by Belisto Skrang > 2020-05-27 19:58 | Report Abuse

Kinda sad actually , was hoping to be at least rm1 but hmm got crashed with qr result :(

Posted by Ahmadahmad88 > 2020-05-27 20:03 | Report Abuse

dijangka memang rugi, qr seterusnya pun sama.

Posted by Depeche > 2020-05-27 20:09 | Report Abuse

It's very amazing how sugar trading can incur heavy losses...rubber and palm oil are also money making commodities this year...ridiculous to buy or sell this stock.

Posted by RedEagle > 2020-05-27 20:16 | Report Abuse

Petronas' capex cut another shock to local O&G companies and Msm

Posted by Belisto Skrang > 2020-05-27 20:16 | Report Abuse

The factory in Perlis will be stop operating on 30 June. So maybe to reduce operation cost thus qr might be slightly good

Posted by ivanlau > 2020-05-27 20:19 | Report Abuse

no matter your business is monopoly or not, as long as poor management , the company will keep losing money...... just like running a country, no matter your natural resources is rich or not, as long as poor management, your country definitely will become poor and shit...........

Posted by makelittlemoney > 2020-05-27 20:24 | Report Abuse

as long as the company is political linked then sure die.. especially malay umno man

Posted by somchik > 2020-05-27 20:28 | Report Abuse

have to say straight to the face of management , you are a bunch of useless craps, makan gaji attitude , cant you see more than six quarters running red, do something la bodoh.

Posted by moneyfind > 2020-05-27 20:46 | Report Abuse

Damm shit QR

Posted by ramunia > 2020-05-27 20:54 | Report Abuse

One useless old man resigned..

Posted by ramunia > 2020-05-27 20:54 | Report Abuse

One useless old man resigned..

Posted by moneyfind > 2020-05-27 21:24 | Report Abuse

Now they make accuse due to commercialization of Johor factories..damm stupid mngmt.

Posted by ramunia > 2020-05-27 21:27 | Report Abuse

Too bad i bought the stupid company shares

Posted by thesigncom > 2020-05-27 21:30 | Report Abuse

QR out d for MSM?

Posted by apolloang > 2020-05-27 21:33 | Report Abuse

loss more and stock price keep going up.....welcome to bursa the no fundamentals bourse.....hahaha

Posted by moneyfind > 2020-05-27 21:39 | Report Abuse

http://www.msmsugar.com/sites/default/files/media/press_releases/2020/kenyataan_media_-_hasil_msm_melonjak_kepada_rm_510.84_juta_bagi_s1_2020_27.05.2020.pdf

Posted by moneyfind > 2020-05-27 21:41 | Report Abuse

Kenyataan media sure cantik punya cerita..QR should put mngmt picture face...can see either smiling or not..

Posted by AllanTingAS > 2020-05-27 21:54 | Report Abuse

Why still making a loss of 34 millions/ Quarter? Let see how market react on tomorrow?

Posted by FGV_ > 2020-05-27 21:56 | Report Abuse

I3 rubbish forum?

Posted by FGV_ > 2020-05-27 21:57 | Report Abuse

27-May-2020 Board Member Chairman Redesignation - DATUK SYED HISHAM SYED WAZIR on 01-Jun-2020.

Posted by FGV_ > 2020-05-27 22:00 | Report Abuse

Sales up RM 25 million YOY(stay at home use more sugar) nobody read?

Posted by moneyfind > 2020-05-27 22:33 | Report Abuse

U dont see last QR revenue 516m and now 510?no stay at home use sugar higher??

Posted by moneyfind > 2020-05-27 22:35 | Report Abuse

Watever price on tomorow,i will juz keep it as investing.

Posted by ramunia > 2020-05-27 22:35 | Report Abuse

Sales up 25m but all eaten and rubbish by the group of idiot elderly of ceo anf directors..

Posted by ramunia > 2020-05-27 22:38 | Report Abuse

All this old ceos should stay at home accompany theirs families instead of being appointed as useless ceo, making ashamed of themselves.. No capable yet still want to lead the company... Malu. Lah orang tua..

Posted by EatCoconutCanWin > 2020-05-27 22:50 | Report Abuse

PE damn low -3.4 only . If base on PE 15, this stock is superb under value. This is what Malaysia fundamental looks like. Hehe.

Posted by Daily8 > 2020-05-27 22:52 | Report Abuse

MSM was part of negotiation from FGV in the past to dispose. MSM was a disposal kind of company.

Now u know why.

Posted by ramunia > 2020-05-27 22:57 | Report Abuse

There are insects, worms, wild animals, shit, rubbish... etc.. Inside msm...

Posted by thesigncom > 2020-05-27 23:09 | Report Abuse

thanks, Moneyfind

Posted by ITCHYLEG > 2020-05-28 00:07 | Report Abuse

Don't worry, WINTER was over

Posted by ITCHYLEG > 2020-05-28 00:09 | Report Abuse

SPRING is coming.........

Posted by oldchinaman > 2020-05-28 00:20 | Report Abuse

Hi ITCHY. good luck ......

Posted by Citadel12 > 2020-05-28 01:28 |

Post removed.Why?

Posted by mf > 2020-05-28 01:35 |

Post removed.Why?

Posted by Ahmadahmad88 > 2020-05-28 07:45 | Report Abuse

harga jatuh lepas tu naik balik.

Posted by ramunia > 2020-05-28 08:07 | Report Abuse

Mungkin msn naik hari ini, susah nak cakap.

Posted by Heavyweight > 2020-05-28 11:57 | Report Abuse

Dominante the country sugar business and sugar price not cheap in Malaysia though! Bunch of cockroaches to run the company, just refer to the former owner uncle Robert K business empire should know MSM was mismanagement, commodities manufacturing need management know-how to cut cost and improve production efficiency, but with these bunch of cockroaches can do?? If MSM dun plant their own sugar canes can make money? My foot....

Posted by cinapeh > 2020-05-29 14:09 | Report Abuse

29-May-2020 Blog FGV洽售大马糖厂股权·另有1.5亿资产待售

Very positive news

Posted by cinapeh > 2020-05-29 14:25 | Report Abuse

他披露，这1亿5000万令吉资产脱手，并不包括脱售该集团所持的51%大马糖厂（MSM,5202,主板消费产品服务组）持股或部份持股。

他说，脱售大马糖厂股权还在谈商，主要先看可在柔佛炼糖厂上吸纳过剩产能与展开联营，然后才洽谈收购51%持股之事。

他指出，目前很多伙伴在谈商，一旦柔佛炼糖厂策略联盟之事谈妥，事情就好办些。

Posted by maktua37 > 2020-05-29 15:31 | Report Abuse

tut tut

nobody want to eat sugar?

Posted by nicedurians > 2020-05-29 17:09 | Report Abuse

OBV majority institution. using people money buy unprofitable company. they 1 year 5-6% untung can d. runn!

Posted by mala173318 > 2020-05-29 20:42 | Report Abuse

MOST OF THE STOCK SAME SITUATION

Posted by mala173318 > 2020-05-29 20:43 | Report Abuse

NOT MSM ONLY

Posted by ITCHYLEG > 2020-05-29 23:44 | Report Abuse

哈里斯
（吉隆坡28日讯
他强调，FGV控股没有计划脱售马来亚糖厂股权，但对任何合理报价持开放态度。他亦称，该公司如今正和一家中国潜在合作伙伴商谈，计划将马来亚糖厂多馀产能所生产的糖液出口到该国

Posted by ITCHYLEG > 2020-05-29 23:48 | Report Abuse

Tuesday, May 19th, 2020 at , Business | News

Haris Fadzilah said FGV’s associate MSM Malaysia Holdings Bhd’s plant in Tanjung Leman in Johor could run using shredded empty fruit bunches (EFB) supplied from the group’s mills in Johor.

He added that this would enable FGV to save RM60 million in electricity use a year.

Posted by ITCHYLEG > 2020-05-29 23:52 | Report Abuse

May 18, 2020 16:00 pm
FGV: Power generation among immediate projects to boost returns from renewable energy
"Through renewable energy projects, FGV is also carrying out cost optimisation initiatives across the group in terms of fuel savings at its mills and plants. For example, MSM Malaysia Holdings Bhd's (an associate company of FGV) plant in Tanjung Leman in Johor could run using shredded empty fruit bunches supplied from the group’s mills in Johor and this would create annual RM60 million savings in electricity,” FGV said

Posted by Belisto Skrang > 2020-05-30 07:25 | Report Abuse

Drop more i want to collect hhe maybe 56 cents

Posted by ITCHYLEG > 2020-05-30 20:44 | Report Abuse

Sugar producer MSM eyes profitability from rationalisation plan
CORPORATE NEWS
Saturday, 30 May 2020

By GANESHWARAN KANA


MSM Khairil Anuar

THE country’s biggest refined sugar producer, which has been loss-making for six consecutive quarters and beset by overcapacity, is confident that the light at the end of the tunnel is turning brighter.

Since 2019, MSM Malaysia Holdings Bhd has been working on a turnaround plan that includes cost rationalisation, enhancing its presence in export markets and making its production capacity more efficient.

It is also seeking to monetise its non-core assets and release new products. The fact that it has increased the average selling price of its refined sugar is also a boon to its margins.

Most recently, the group announced its plan to shut down its refinery operations in Perlis and consolidate its refined sugar production by relocating the Perlis production capacity to its Johor factory.

Speaking to StarBizWeek, MSM group chief executive officer Datuk Khairil Anuar Aziz says the group is expected to turn profitable by the end of 2020, if the turnaround agenda works out as planned.

“The plan to consolidate the group’s capacity to MSM Johor will increase the utilisation rate, and reduce the refining production cost.

“Although we are putting more effort into ramping up the production in Johor to increase our efficiency, we also need to assess the market demand locally and internationally.

“The increase in efficiency is expected to materialise by the fourth quarter of 2020 or early 2021, ” he says.

Speaking to StarBizWeek, MSM group chief executive officer Datuk Khairil Anuar Aziz says the group is expected to turn profitable by the end of 2020, if the turnaround agenda works out as planned.
Speaking to StarBizWeek, MSM group chief executive officer Datuk Khairil Anuar Aziz says the group is expected to turn profitable by the end of 2020, if the turnaround agenda works out as planned.

Currently, MSM’s total refining capacity stands at 2.25 million tonnes per year. Breaking this down by factory location, MSM Prai’s capacity is 1.05 million tonnes per year, followed by MSM Johor (one million tonnes per year) and MSM Perlis (200,000 tonnes per year).

Following the consolidation of the Perlis and Johor factories, MSM’s refining capacity will reduce from 2.25 million to 2.05 million tonnes.

“With that, it will increase MSM Johor’s utilisation rate, which, in turn, will reduce MSM Johor’s refining cost. We anticipate the move will impact us positively.

“Our Johor facility has reached its highest utilisation rate at 34% and is expected to further increase after the closure of the Perlis factory, while the Prai factory is currently running steadily at approximately 75%, ” says Khairil Anuar.

For context, MSM currently controls about 61% of the domestic market.

The decision to cease the high-cost MSM Perlis operations was made considering its unfavourable location 130km away from the nearest port and low production capacity.

MSM’s other two refineries in Johor and Prai are well positioned near Tanjung Langsat Port and Penang Port, respectively, and are able to efficiently connect to Malaysia’s market centres.

Following the ceasing of operations, MSM’s assets in Perlis will be utilised to develop a new agriculture growth area called FGV Agro Food-Valley, in collaboration with its parent company, FGV Holdings Bhd.

With regard to the efforts to address MSM’s excess sugar-refining capacity, FGV group chief executive officer Datuk Haris Fadzilah Hassan said on May 28 that the company was working on finding a strategic partner to export some of MSM’s products.

“Right now, we have an interested party that is going to test out the sales first, ” he said.

FGV owns a 51% equity interest in MSM.

Growing presence abroad

Moving forward, MSM recognises the need to expand its export destinations in order to boost its sales performance, as well as reduce its current overcapacity.

The group aims to penetrate the Middle East and North African region, while at the same time planning to increase its presence in Asean countries and the larger Asian region.

According to Khairil Anuar, MSM has secured over RM160mil worth of contracts for the export of refined and liquid sugar through MSM Johor.

“This year, we have exported more than 9,000 tonnes of both products with an estimated return of RM18.95mil as at April 2020.

“In addition, MSM also targets to export approximately 300,000 tonnes of its sugar products in financial year 2020 (FY20), with an estimated contribution to the full-year top-line revenue of close to RM500mil for the group, ” he says.

For nearly a year, particularly since June 2019, MSM has continuously introduced new products for exports, such as premix sugar, liquid sugar and fine syrup.

It says that the exports of these products, on top of molasses, will continue to be increased moving forward.

As for the domestic market, MSM intends to launch its healthy sugar