Posted by winwin88888888 > 2021-06-17 15:04 | Report Abuse

Buy LKL a swing play better~ buy in 0.3 X sell 0.3x ~
Buy LHI also can swing play ~
whahahhaaah

Posted by SmallBang > 2021-06-17 16:54 | Report Abuse

buy LKL agm time you can collect bed from the management and have a sweet dream winwin88888888888

Posted by winwin88888888 > 2021-06-17 20:46 | Report Abuse

haha need wait till August liao lo~

Posted by Parksonguy > 2021-06-18 06:56 | Report Abuse

Fast run. Ceo msm already agree pump out all the profit to expand factory plus play its debt. This 2yrs wont have any deviden. Years end only have impairment loss. Fast run.

Posted by Parksonguy > 2021-06-18 06:58 | Report Abuse

Serba dinamic do fake due to want borrow money then pump out. Msm do fake account to pump out money from is account. The expansion project don't know under whose umno gang. Haiz

Posted by Parksonguy > 2021-06-18 06:59 | Report Abuse

Knn. Johor factory only run production 1yrs not yet ultilise already think expansion. Purely scammer company.

Posted by Bgt 9963 > 2021-06-18 08:34 |

Post removed.Why?

Posted by thundery > 2021-06-22 13:49 | Report Abuse

This stock is so much under valued, buy before too late

Posted by Hanoi > 2021-06-22 14:27 | Report Abuse

Hi, Any idea Johor plant already resume back operation of boiler breakdown?

Posted by Bgt 9963 > 2021-06-22 14:53 |

Post removed.Why?

Posted by petnch2020 > 2021-06-23 15:22 | Report Abuse

Hanoi,

The plant has already been running back since 3rd June.

MSM will probably continue to deliver better result for the rest of the year mainly from the higher sales volume targeted for this year 1.3mil tonne vs 1.02mil tonne in FY20. Most of the volume will be coming in the 3Q and 4Q of the year.

Sugar price has rebounded substantially from the low recorded back in 2Q20. Back then NY#11 sugar was only selling at an average of USD cent 11 per pound vs 2Q21 average of USD cents 16.50 per pound. Expect result for 2Q21 to be impacted a bit by the sudden stoppage of Prai refinery but management has indicated that the total loss to the bottom line will not exceed 5% of total expected annual profit.

From 3Q21 onwards we should see better utilisation rate from the Johor refinery. Management is targeting the refinery to average in at 50% utilisation rate for 2H21 vs 1H21 average utilisation rate of only around 22%. This should help increase the total sales numbers but more importantly the group bottom line given better margin from lower average running cost of refining the sugars.

Bottom line will also be helped by management decision to lock in 85% of FY21 the raw sugar cost at USD cent 13 to 14 per pound vs the current spot price of above 16 sens. This should improve the group's profit margin further.

Another big cost component that has seen a major decrease in price is natural gas which is now price at RM 26.85 per MMBtu vs FY20 average of RM 33.65 per MMBtu.

All in all expect MSM financials to continue showing improvement from in the 2Q21 onwards.

Posted by MagicGlove > 2021-06-23 15:32 | Report Abuse

Expect result back to shiit again la....useless management and zzzzzz big shareholder...used our life saving money dump to rubbish river...lol

Posted by winwin88888888 > 2021-06-24 10:50 | Report Abuse

Go for Greatec ~ potential one ~ now is the best price to enter ~

Posted by Arvin6 > 2021-06-24 23:59 | Report Abuse

This msm management team is useless.. Anytime can back to penny... Useless counter,, con man counter.. Haha.. Better dump now.. If not later back to penny..

Posted by Goldking9789 > 2021-06-25 12:33 | Report Abuse

Brick and mortar business straight forward business. Sure money hold and come back look at it after a year and make good returns.

Posted by petnch2020 > 2021-06-28 09:34 | Report Abuse

Knee jerk reaction to the extention of FMCO. I think investors need to understand that MSM businesses are considered essential services. They are still able to operate.

The extension of restaurants operating time from 6 am to 10 pm is also a positive news as it would mean higher demand from the retail/ wholesale segment. MSM's industry players most are not that affected by the fmco as the Food manufacturing is considered as essential services.

Posted by Mike1429 > 2021-06-28 09:53 | Report Abuse

You are right......someone trying hard for panic selling

Posted by 12340987 > 2021-06-28 16:55 | Report Abuse

why no sell? sell.. please...

Posted by monetary > 2021-06-28 17:47 | Report Abuse

the chart very obvious telling u warm water boil frog

Posted by Arvin6 > 2021-06-28 21:00 | Report Abuse

Msm drop so much is because everyone is too optimistic over the TURN AROUND.. You all can check back my comment few month back.. But this share is full of con man.. Always trap ppl.. Seem like this will always happen when you guys still putting high hope over it.. Let's move to other counter over this worst penny stock.. Soon. Management also worst. Not worth to invest in this kind of company.

Posted by 12340987 > 2021-06-30 13:01 | Report Abuse

agree... will back below rm1 in no time..

Posted by petnch2020 > 2021-06-30 16:26 | Report Abuse

The signs are mostly pointing to MSM having a good year in FY21 rather than not.

Average sugar price for 2Q21 is around 16.78 US sens/lbs vs last year's 2Q20 average of only 11.05 sens/lbs. Most analysts are expecting sugar price to edge up higher given that ethanol price (which correlate with oil price) is also going up. Sugar cane producer mostly decide on what to due with the sugar cane based on the price of ethanol and sugar. Brazil producer for example will produce more ethanol when the price is high. In 2020 Brazil produce a lot of sugar mainly because ethanol price tumble to 0.84 USD/Gal vs the current 2.48 USD/ Gal. Average price for Ethanol pre pandemic (in 2019 and 2018) was only 1.40 USD/ Gal.

MSM has locked its raw sugar input at less than 14 sens which means potentially the GP margin will be higher if sugar price trend keeps going up.

MSM target to sell 1.3 mil MT of sugar of which most of the growth will come from high margin products like fine syrup and liquid sugar. Most of the volume growth will be from the MSM Johor refinery which will improve the ustilisation rate from a mere 22% in 1H21 to 50% in 2H21. Besides increasing the revenue this would also reduce the average cost of refining of sugar per MT.

Lower refinery cost. Mainly due to lower gas price of RM26.85/MMBtu in 2Q21 vs RM33.65 for the whole of 2020. But also due to the improvement in MSM Johor Boilers (where the company has perform a maintenance and optimisation initiative in 2Q21) which would lower the consumption of gas during refinery processes.

I think MSM have the potential to deliver a profit of around RM100mil for 2021. Most of the profit will come in 2H21 when both MSM Johor and Prai will be running back at their optimum level.

For those worried about the duration of FMCO, MSM is considered as essential service and thus allowed to operate during the FMCO. Currently, given the still high number of infection, we are still not sure when the government will allow other business to operate.

Posted by Bgt 9963 > 2021-06-30 16:43 |

Post removed.Why?

Posted by Arvin6 > 2021-06-30 21:51 | Report Abuse

Yes..everyone know the analysis for msm.. Hedge ny11bla bla bla.. But from what we see everyday also near 3month new low... Which mean big boy use super good news to trap new victims.. Enough this stock is useless. Haven't get trap better don't jump in.. This is con stock...

Posted by MagicGlove > 2021-07-01 10:50 | Report Abuse

Thanks chi bai msm....haha...love u so much...i earned a good profit from your money yesterday....hahaha

Posted by MagicGlove > 2021-07-01 11:21 | Report Abuse

Frankly u have this dumb axss FGV sitting on top on of MSM head, the profit suppoaely from positive will dedinitely turn into negative one like what FGV did on their own share price.....hear FGV name, all ppl run for life la

Posted by monetary > 2021-07-01 13:45 | Report Abuse

from 2 gliding slowly to 1.18 in 4months. If this isn't warm water boil frog I don't know what it is.

Posted by Speed99 > 2021-07-06 12:49 | Report Abuse

Something coming ….

Posted by Bgt 9963 > 2021-07-06 13:18 |

Post removed.Why?

Posted by KenichiLee > 2021-07-06 16:52 | Report Abuse

anyone stayed in 1.40 condo today?
RIP

Posted by 12340987 > 2021-07-06 17:01 | Report Abuse

dumb dumb chasing this con counter... at the end trapped..

Posted by Arvin6 > 2021-07-07 11:32 | Report Abuse

Told you all dy.. this stock full of con man ..lol.. This stock can hit & run only ..

Posted by collie > 2021-07-07 11:38 | Report Abuse

If use chart good for day trading upon breakout.

Posted by MagicGlove > 2021-07-07 12:00 | Report Abuse

Semalam hampir2 die mau pancut....tapi x jadi...mani simpan balik....hari nie mau cuba lagi tapi sdh kering...hahahahah....mmg kuat kencing

Posted by MagicGlove > 2021-07-07 12:03 | Report Abuse

Siapa beli siapa mati....itu org kuat no 1 yg pakai duit orang kasi labur dalam sini mmg otak udang x tahu main punya...kasi duit orang lesap....lmao

Posted by MagicGlove > 2021-07-07 12:06 | Report Abuse

nasib baik genetec sdh tolong...kasi 10k ...tq genetec

Posted by ipohwhitecoffee > 2021-07-07 13:20 | Report Abuse

pump & dump. careful!

Posted by Bgt 9963 > 2021-07-08 08:48 |

Post removed.Why?

Posted by petnch2020 > 2021-07-08 10:35 | Report Abuse

Malaysia sugar industry is currently being controlled by 2 companies only, MSM and Central Sugar Refinery (CSR). MSM is controlled by Felda with 66.28% while CSR is controlled by Tan Sri Syed Mokhtar.

CSR has 2 refineries: Shah Alam with 600 kMT and Padang Terap, Kedah with 200 kMT

MSM previously had 3 but decide to close its Chuping refinery and bring the machines and production capacity to Johor. So now it has 2: Prai, Penang with 1,050kMT and Tanjung Langsat, Johor with 1,000 kMT.

Even though CSR has 2 refineries, the one in Padang Terap is actually not that efficient. The location itself is far from the nearest port which is Penang Port. This alone makes the transportation cost higher when compared to other sugar produce by other refineries which itself would increase the production cost of sugar.

This was actually one of the main reason why MSM decided to close down the Chuping refinery. I would assume Tan Sri Syed would also come up with similar analysis as MSM for his Padang Terap business.

This is why i believe the main competitor for MSM is only the Shah Alam refinery of 600kMT.

That being said there is still oversupply situation for the domestic market. MSM decision to focus on export market is in part to increase the utilisation rate of the new Johor refinery.

Management has indicated that the utilisation rate of Johor to start increase to more than 50% or 125kMT sugar in 3Q21 onwards. This is a lot higher vs the 22% or 55kMT per quarter output recorded in Jan to June 2021. Most of the output increase will come from higher margin products such as fine syrup and liquid sugar. Investor should see a substantial increase in the group bottom line from 3Q21.

WIth the increase of sugar price which is now hovering around 17 USD sens to 18 USD sens/ lbs versus MSM cost of less than 14 USD sens/lbs, I am targeting a full year profit of around RM 100mil for the whole of 2021. A big portion of the profit will come in in 3Q and 4Q base on the reason mentioned above. This translate to a fwd PE of only 8.7x.

This is a lot lower compared to what it use to be trading at prior to the fall in profit . In FY16 the group managed to deliver a profit of RM120mil. Excluding impairment the profit was actually around RM150mil. It was trading at more than RM4.40 when the 4Q16 result was announce. This translate to a PE of more than 25x.

The potential for MSM share price to go up further is high if it managed to deliver the profit that it is expected of it in FY21.

Posted by Bgt 9963 > 2021-07-09 08:53 |

Post removed.Why?

Posted by petnch2020 > 2021-07-13 16:30 | Report Abuse

The recent increase in covid cases has pull down the overall market. Even those that are operating during the FMCO are also seeing their share price being sold. For example MSM. Its refineries are located in Prai (Penang) and Tanjung Langsat (Johor). Penang has already move into phase 2 of the National Recovery Plan (NRP) while Johor is expected to enter phase 2 soon (expected next week). Even when the states are in Phase 1, MSM is allowed to operate given that it is considered as an essential services provider.

For those that plan to sell or already sold MSM, you still need to consider where best to put your money. Unless you decide to invest abroad then you will still face the same issues. It would be better to invest in companies that are less affected by the FMCO/ EMCO as it would provide you with potential undisrupted earning for FY20.

Refer to my post on 8th July to why i think MSM will post good result for this year regardless of the FMCO.

Posted by Arvin6 > 2021-07-13 22:11 | Report Abuse

For me even put your hard earn money under pillow also better than invest in this MSM .. you can see this con stock already trap ppl how many round .. Good result also drop .. close factory drop.. everyday also drop... for my advise ..those who not jump in.. better not to come in..& for those already kena trap...sell when the price suddenly when up...

Posted by TedTock > 2021-07-15 13:21 | Report Abuse

Thanks petnch2020. Comments like yours are useful for serious investors.

Posted by Jeffreyteck > 2021-07-18 11:10 | Report Abuse

Goreng time? Wilmar to invest, isn't it insider info if it is really true but how come news reported and no action by authority? Law anyway as most of us know.

Posted by LRWoo99 > 2021-07-18 12:18 | Report Abuse

MSM is good to invest ! No point to throw this company .. i believe this year will surge up to RM2 again soon

Posted by Hafid > 2021-07-18 14:28 | Report Abuse

For Wilmar to invest, sure there want control. Without control the refinery will not make money.

Posted by ccy123 > 2021-07-18 15:33 | Report Abuse

Good news for MSM. 1. can reduce debt. 2. can increase plant utilisation rate thus increase production efficiency and profitability

Posted by ket4212 > 2021-07-19 08:35 | Report Abuse

morning everybody selamat hari raya

Posted by Bgt 9963 > 2021-07-19 08:56 |

Post removed.Why?

Posted by Arvin6 > 2021-07-19 11:05 | Report Abuse

remember sell high ..hit & go..