EPF jual semua FGV, banyak beli MSM tahun ini. Saya suka beli sampah sebab murah dan berpotensi jadi emas hujung tahun ini.
Sampah yg sudah jadi emas: pworth, smtrack, Dan Mudajaya. Sampah yg pertama saya beli ialah tenaga pada harga 5.xx sekarang sudah jadi diamond. HUAT ARRRR..........
Before the company was sold off completely to FGV,no matter whether good or not so good times the company was still profitable.The previous company owner managed the operations very well and leveraged the price of raw sugar to the dot. 2.Not presently.Descend from the counter of choice to one that is mediocre.How sad,with such fall in a short span of time.Something,but be very wrong with how they managed the company's operation.
@Ehi1964 but the drop in global sugar price will not help MSM.They have locked the future contracts of the sugar they need for their operations at a high price.What a mediocre lots.Think better to sell off the company if they cannot run the company profitably.
I sold all at 4.42-4.50 on 30th June. Now buy back at 4.04 - 4.05, hopefully it will drop below 4.00 otherwise no chance to accumulate more at cheap price.
According to MSM, they locked raw sugar price at 0.20 until 2Q. New contract prices would be around 0.135-0.14 because raw sugar price touched 0.12xx in June.
Expects the stock price to trend lower on the downside.All the Technical Price Indicators-MA,MACD,RSI support the bearishness for the stock. 2.Market moves ahead of the coming QR announcement.Possibly,the coming QR is weak. 3.Disspaointed for such a previous well-managed company to be caught in such poor straits. 4.Used to be one of the chosen stock buy during the good heydays long gone by.
Outcome- the company is as good as the persons running the show.
Sure boh? Why MSM profit so little? Some qtrs even loss.
DickyMe In the commodity market, sugar price is 0.13 USD cents per lb or ~29 centsper kg which translates to around ~RM1.15/kg. But sugar is sold at RM3.00 to 3.20 per kilogram to consumers. Almost 100% profiteering. Malaysian consumers are stupid bangsats. 29/01/2018 10:55
MSM is under-value now. For quarter ending Dec 2018, its profit will increase very significantly due to low raw sugar price at middle of year 2018. MSM need to keep stock of about 3 months of sugar per Malaysia regulator requirement. So there is a lag of about six months (due to freight, storage , processing) after low raw sugar price before profit appear in the quarterly finance result.
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....
Ehl1964
980 posts
Posted by Ehl1964 > 2017-06-15 22:25 | Report Abuse
Bought another 5k. Huat ARRRR...
Raw sugar price down to 13.75 again. Hugh profit for MSM.