Posted by investor2021 > 2021-03-02 09:33 | Report Abuse

MIDF Target Price for MSM is RM1.96

Posted by investor2021 > 2021-03-02 09:33 | Report Abuse

https://klse.i3investor.com/blogs/learnToInves/2021-03-02-story-h1541973410-MSM_MIDF_Target_Price_RM1_96.jsp

Posted by soon9913 > 2021-03-02 09:36 | Report Abuse

TP RM1.96, limit up again today!!

Posted by soon9913 > 2021-03-02 09:39 | Report Abuse

uptrend and likely close at top 1.66 today

Posted by Fundamentaler > 2021-03-02 11:13 | Report Abuse

Flush contra player 1st.. atternoon maybe go limit up

Posted by Ais Milo > 2021-03-02 11:35 | Report Abuse

hold til 2.00 !! this week rocket up

Posted by thundery > 2021-03-02 11:38 | Report Abuse

Still undervalued, buy before too late. This stock is not gambling, it based on super turn around company portfolio

Posted by weirdone > 2021-03-02 12:02 | Report Abuse

looks like contra selling on T-3

Posted by Jerryc83 > 2021-03-02 14:50 | Report Abuse

Let's go

Posted by kentrade888 > 2021-03-02 15:41 | Report Abuse

MSM’s share price climb puts Felda’s offer price for FGV in spotlight
TheEdge Tue, Mar 02, 2021 03:16pm - 24 minutes ago


KUALA LUMPUR (March 2): MSM Malaysia Holdings Bhd’s share price continues to be on an upward trend after the sugar refiner announced its quarterly financial results that showed a net profit of RM56.24 million in the fourth quarter ended Dec 31, 2020 (4QFY20).

As at the lunch break, MSM closed at RM1.34, up six sen or 4.7%, with 59.3 million shares traded. The stock hit an intra-day high of RM1.49.

At this share price, the country’s largest sugar refiner is currently valued at RM977.14 million.

The stock is currently trading at more than a year’s high, after its share price more than doubled from 56 sen last week following the posting of its financial results on Thursday.

MSM’s share price has exceeded a few analysts’ target prices at below RM1.30. The highest target price is at RM1.96 pegged by MIDF Amanah Investment Bank. The average target price of four analysts is RM1.41.

Interestingly, MSM’s share price is trading at a price higher than its parent company FGV Holdings Bhd, whose share price is currently trading at RM1.31.

The strong rebound on MSM has also cast the spotlight on the valuation of FGV shares considering that the plantation giant is in the midst of being taken private by its controlling shareholder Federal Land Development Authority (Felda).

With MSM’s share price having more than doubled recently, this means that FGV’s 51% controlling stake in the sugar company is now worth a lot more compared with the day when Felda launched its takeover offer in early December last year.

A back of the envelope calculation shows that FGV’s 51% stake in MSM is currently worth RM480.4 million at the closing price at noon break today, translating into 16.9 sen per share compared with barely 3.7 sen as at end-2020.

To recap, Felda made a mandatory takeover offer to FGV on Dec 8 last year, offering to acquire all remaining shares in the plantation group (excluding treasury shares) at RM1.30 per share.

The offer has been extended more than once. It will be closed on March 15 from the original deadline of Feb 2. As at Feb 25, Felda has raised its equity interest in FGV to 2.78 billion shares or a 76.32% stake.

MSM posted net profit of RM56.24 million for 4QFY20, compared to net loss of RM40.28 million a year ago, due to higher overall margin and lower finance cost.

For the financial year ended Dec 31, 2020 (FY20), its net loss narrowed to RM71.23 million from RM299.77 million a year earlier.

On its prospects, MSM said the outlook for FY21 remains challenging with economic disruption in the country from travel and movement restriction orders due to the Covid-19 pandemic.

However, with the implementation of the vaccination program, MSM said it anticipates national sugar consumption to gradually improve.

Posted by powerup89 > 2021-03-02 15:54 | Report Abuse

jerung oh jerung....dimana kamu....kikiki

Posted by soon9913 > 2021-03-02 16:26 | Report Abuse

need vigra ... up too many days aldy

Posted by fish123 > 2021-03-02 16:38 | Report Abuse

i am just in today and it keep dropping..sad sad

Posted by hello33001122 > 2021-03-02 16:42 | Report Abuse

hold long term should be fine

Posted by beluga > 2021-03-02 16:56 | Report Abuse

sugar HIGH. yay! :)

Posted by soon9913 > 2021-03-02 17:00 | Report Abuse

hold 3 more months lo. next quarter result will be better than last quarter due to increased in sugar commodity price

Posted by Icon8888 > 2021-03-02 17:40 | Report Abuse

Kopi O
Milo O

Posted by winmal > 2021-03-02 22:17 | Report Abuse

tomorrow limit up

Posted by HamsterHuat > 2021-03-02 23:49 | Report Abuse

mana sugar daddy?

Posted by jwyap > 2021-03-03 07:03 | Report Abuse

Up up again

Posted by bulldog > 2021-03-03 07:44 | Report Abuse

Bulldog take profit first since start collecting at 50s

Huat chaiii

Posted by freddiehero > 2021-03-03 08:24 | Report Abuse

steady flying high high... gogogo

Posted by Fundamentaler > 2021-03-03 09:40 | Report Abuse

56 milloin profit with 1.2 price.. lol

Posted by Fundamentaler > 2021-03-03 09:53 | Report Abuse

Epf should buy now.. not chase price high..haha

Posted by powerup89 > 2021-03-03 09:53 | Report Abuse

relax sabar sabar....

Posted by thundery > 2021-03-03 10:25 | Report Abuse

The fair value price is 4, super undervalued stock

Posted by soon9913 > 2021-03-03 10:38 | Report Abuse

good to filter out those don't have holding power one.

Posted by Fundamentaler > 2021-03-03 10:59 | Report Abuse

Im confident it will rebound soon!

Posted by soon9913 > 2021-03-03 11:20 | Report Abuse

I wan to get some funds to top up

Posted by powerup89 > 2021-03-03 11:53 |

Post removed.Why?

Posted by powerup89 > 2021-03-03 12:13 | Report Abuse

hold for long term....target rm 2-3 cukup la

Posted by Fundamentaler > 2021-03-03 12:21 | Report Abuse

Long term rm2-3? Omg so low.. kalau mid term ok la..

Posted by jwyap > 2021-03-03 12:56 | Report Abuse

Afternoon show time

Posted by powerup89 > 2021-03-03 12:58 | Report Abuse

ok la....mid term mid term la...cantek

Posted by soon9913 > 2021-03-03 16:13 | Report Abuse

today vol drop to normal aldy. many are holding the tickets still,

Posted by ket4212 > 2021-03-03 16:19 | Report Abuse

今日没戏了！

Posted by trustmenojoke > 2021-03-03 16:29 | Report Abuse

top up top up.. huat cai ah !

Posted by Fundamentaler > 2021-03-03 16:30 | Report Abuse

Market no good.. if back to normal.. sure fly.. seems strong support.. many stock on force selling ady

Posted by trustmenojoke > 2021-03-03 16:38 | Report Abuse

super undervalued stock

Posted by soon9913 > 2021-03-03 16:52 | Report Abuse

hold first lo, coming quarter will be better result also given the high sugar commodity price compare to Q4-20, and cost is stagnant.

Posted by soon9913 > 2021-03-03 16:52 | Report Abuse

inmagine if msm declare div after coming quarter result..

Posted by soon9913 > 2021-03-03 16:57 | Report Abuse

https://www.investing.com/commodities/us-sugar-no11

more than 50% of its production is for export. please see the price chart. Q4 20 price is much lower

Posted by powerup89 > 2021-03-03 17:01 | Report Abuse

hold je....relax .....

Posted by JohnFarmer458 > 2021-03-03 21:00 | Report Abuse

next quarter profit minimum 100mil TP RM3

Posted by Fundamentaler > 2021-03-03 21:17 | Report Abuse

Look at fgv.. 3 QR also green.. im confident this good QR maintain.. i bet for rm4.. i bought early at 0.545 cent.. at that time not so many look at this stock.. event my remisier also suggested avoid this stock..hahaha so many negative comment a bit challange to my emotion..haha i will hold till next qr.. this was not easy

Posted by Ais Milo > 2021-03-03 21:58 | Report Abuse

why need to hold msm?
no buy sell advise. digest urself.

https://klse.i3investor.com/m/blog/learnToInves/2021-02-26-story-h1541913673-MSM_7_Reasons_Why_Another_60_UPSIDE_IS_POSSIBLE.jsp

Posted by powerup89 > 2021-03-04 09:12 | Report Abuse

go go go....fly fly

Posted by trustmenojoke > 2021-03-04 09:25 | Report Abuse

undervalued stock deserve to fly ~

Posted by lfccrew84 > 2021-03-04 09:28 | Report Abuse

All TA/FA so nice for this counter..just hold only..really undervalued, unlike Gloves who doesn't need sugar on a daily basis? Already part of your daily staple diet. Hold tight Huat chaiii

Posted by jwyap > 2021-03-04 09:31 | Report Abuse

upupup til limit up.