Posted by 8888_ > 2019-02-10 04:53 | Report Abuse

True.

hold rumors to close MSM Perlis is it true?.
21/12/2018 08:41

Posted by shpg22 > 2019-02-20 21:13 | Report Abuse

10 years after acquiring MSM from PPB, this company is going down the drain even in a monopoly business. With the same type of management as FGV, this is not a surprise at all. Time always tell the truth. Maintained fair price at 1.25

Posted by FGV_ > 2019-02-20 21:35 | Report Abuse

BOD means bodoh? Why not ask from govn to raise sugar price?

Posted by FGV_ > 2019-02-20 21:36 | Report Abuse

If cannot raise sugar price how abt close factory and cause unemployment?

Posted by Eeu Hoong Lim > 2019-02-20 22:22 | Report Abuse

Why administration fees up from 10.9mil to 21.5mil and finance cost up from 5mil to 22mil?
Gross profit 43mil still can loss money? How can these idiots take high pay but do nothing good to company? Brainless management team.

Posted by shpg22 > 2019-02-21 01:06 | Report Abuse

A highly profitable company turned into a scrap with ever increasing debts. The management are milking the company dry.

Posted by alectay > 2019-02-21 09:39 | Report Abuse

these is all caused by retarded management

Posted by FGV_ > 2019-02-22 03:34 | Report Abuse

Complain to MSWG and SC.

Eeu Hoong Lim Why administration fees up from 10.9mil to 21.5mil and finance cost up from 5mil to 22mil?
Gross profit 43mil still can loss money? How can these idiots take high pay but do nothing good to company? Brainless management team.
20/02/2019 22:22

Posted by commonsense > 2019-03-01 09:24 | Report Abuse

The 4Q18 result just show how difficult the business environment for MSM has become. With the government committed to end any monopolistic business, MSM’s shareholder will need to be ready to see more competition for its sugar products in the near future especially from the import markets. The new sugar tax which starts in April this year will only make it worst for MSM with expected demand from high volume purchasers to see significant decline due to potential lower demand from end consumer. The higher depreciation charge and finance cost from the new plant in Tanjung Langsat will only reduce the bottom line even further as the company will find it difficult to operate the new plant at the optimum production rate.

If you are looking to diversify your portfolio outside of MSM (due to its weak earning outlook) I would recommend you to look at MBMR. (https://klse.i3investor.com/servlets/stk/pt/5983.jsp)

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.5x PE based on FY18 profit of RM166mil. PB is low at only 0.7x BV.

FY19 should deliver another profit growth year to the company. Profit growth will again be driven by the performance of Perodua (via MBMR 22.6% holdings in Perodua) from the still strong sales of new Myvi, sales of SUV Aruz and the introduction of the newly revamp Alza sometime in the 2H19. Aruz which commands a higher margin compared to other models will help improve the total profit margin of Perodua (which will flow to MBMR’s bottom line as well).

Given the very good result in 4Q18, the company is expected to achieve a profit of RM200mil for the full year of 2019. At the current share price, the company is being valued at a very low PE of only 5.4x which is a lot lower than the industry average of 15x PE. As an example, UMW (another company with exposure to Perodua) is currently trading at a PE multiple of almost 20x.

Good luck.

Posted by FGV_ > 2019-03-01 22:22 | Report Abuse

12,674 peluang pekerjaan di Kawasan Perindustrian Lembah Chuping
http://www.utusan.com.my/berita/nasional/12-674-peluang-pekerjaan-di-kawasan-perindustrian-lembah-chuping-1.851594

Posted by dompeilee > 2019-03-15 15:26 | Report Abuse

I know ppl who bought this years ago JUST to collect the AGM gifts... really lo$e ka liao liao!

Posted by Loh Kok Wai W > 2019-04-11 20:32 | Report Abuse

below 1.00 ????

Posted by Loh Kok Wai W > 2019-04-11 20:32 | Report Abuse

below 1.00 ????

Posted by ramada > 2019-04-14 19:47 | Report Abuse

Very bad cash position.

Posted by FGV_ > 2019-04-18 16:28 | Report Abuse

Everything so bad? Go suicide loh all problems solve haha.

Posted by FGV_ > 2019-04-18 16:31 | Report Abuse

AmInvest work behind plunge?

Posted by Kabali > 2019-04-21 15:23 | Report Abuse

Almost bottom now?

Posted by ramada > 2019-04-21 15:30 | Report Abuse

Total borrowings RM1.3 billion with RM100 million cash in hand, very huge debts and borrowings. So it's hard to say.

Posted by FGV_ > 2019-04-28 04:06 | Report Abuse

Who bought <1.5 make money.

Kabali Almost bottom now?
21/04/2019 3:23 PM

Posted by FGV_ > 2019-04-28 04:07 | Report Abuse

MSM Malaysia exports 7,000 tonnes of sugar to China
https://www.nst.com.my/business/2019/04/483229/msm-malaysia-exports-7000-tonnes-sugar-china

Posted by Loh Kok Wai W > 2019-04-30 23:38 | Report Abuse

7000 tones sugar to China (North) ;but the share price is( South )!!!!

Posted by dompeilee > 2019-05-08 16:16 | Report Abuse

De facto bankrupt co.....few buyers many eager sellers lol

Posted by Kabali > 2019-05-19 20:06 | Report Abuse

New ceo should be able to turn around the company....go MSM

Posted by scotthong > 2019-05-20 00:47 | Report Abuse

MSM (5202) - Technical & Fundamental Analysis
May 20, 2019 | HONG WEI GIET

Technical Analysis
===========
- There is no significant technical signal for reference.

- MSM shares price has been fall without resistance in the past 2 years.

- Reduce in shares price due to changing of the business fundamental.

- Don't try to hold a falling knife!! KIV.

Fundament more: https://www.fundamental-technical-analysis.com/

Posted by chewsoonyik > 2019-05-25 19:19 | Report Abuse

it used to be cash rich, profitable at more than 5 few yrs ago but everything kept on going south for few years till now no eye see lah

Posted by stainlyho37 > 2019-06-11 12:05 | Report Abuse

somethings brewing...1.60...1.70..??..

Posted by Kabali > 2019-06-14 13:28 | Report Abuse

Looks promising...

Posted by Kabali > 2019-06-14 13:29 | Report Abuse

When will quarter results out?

Posted by Bursa999 > 2019-06-14 22:33 | Report Abuse

permit for sugar import means more competition means lesser revenue and profit for msm outlook does not look promising at all

Posted by Kabali > 2019-06-17 02:18 | Report Abuse

Hopefully the next quarter results is good.

Posted by 10153513643709983 > 2019-06-18 19:23 | Report Abuse

No hope for MSM. If in monopoly state already keep declaring business is difficult. Now when the market is open for import. MSM will no longer be relevant. Sell

Posted by Ubah_ > 2019-06-21 14:51 | Report Abuse

Bad mouth saja pandai. Who don't eat sugar? You diabetickah?

Posted by Ubah_ > 2019-06-21 14:51 | Report Abuse

Business model must change?

Posted by Ubah_ > 2019-06-21 14:54 | Report Abuse

Takeover F&N business? Produce own brand drink?

Posted by Ubah_ > 2019-06-21 14:56 | Report Abuse

F&N business why must monopoly and not open to all like sugar?

Posted by stainlyho37 > 2019-07-09 12:02 | Report Abuse

watch out MSM....1.40 waiting to take down ....

Posted by Kabali > 2019-07-13 21:14 | Report Abuse

What a battered stock....maybe the board does not know how to manage listed co...

Posted by Scavenger23 > 2019-07-16 09:23 | Report Abuse

incoming QR GG?

Posted by dompeilee > 2019-07-16 15:09 | Report Abuse

Bankrupt company! Luckily I didn't even touch 1 share, not even for AGM! =)

Posted by Scavenger23 > 2019-07-17 09:19 | Report Abuse

queue around rm1, expect government come to save them

Posted by yap50 > 2019-07-17 15:22 | Report Abuse

queue at 1.1 Waiting...

Posted by shpg22 > 2019-07-18 14:42 | Report Abuse

No worry. It's a market leader

Posted by yap50 > 2019-07-18 15:44 | Report Abuse

when the price drop from 3.6 to 1 in year time oredi nothing to worry....wait below 1 also possible now..

Posted by shpg22 > 2019-07-18 15:53 | Report Abuse

Below 1.00 pls. TQ disgruntled shareholders.

Posted by Kabali > 2019-07-18 19:06 | Report Abuse

Penny stock soon......for penny management

Posted by Ck Sui > 2019-07-19 18:55 | Report Abuse

Target price 1.9 coming

Posted by Kabali > 2019-07-21 17:09 | Report Abuse

Have news on this counter?

Posted by signalmw > 2019-07-21 18:06 | Report Abuse

Sell lah

Posted by yap50 > 2019-07-22 10:14 | Report Abuse

not a good time to buy yet,,,

Posted by dam82 > 2019-07-23 09:15 | Report Abuse

Anything manage by FGV is doomed ...