Posted by UncleFollower > 2024-08-23 09:43 | Report Abuse

Analyst, media, drum up the good news as share goes down. Price chart never lies. That intra-day reversal was an obvious sign of more bear to come. But to what end is all this drama? This crash is necessary to bring u to the next stage - actual good news - sugar price lift, johor plant sale

Posted by UncleFollower > 2024-08-23 09:44 | Report Abuse

This counter, no fear, dare to buy when it hits ur price 👍

Posted by troy88 > 2024-08-23 09:49 | Report Abuse

Syndicates and insider trading behind this manipulated stock. Becareful..

Posted by Besafe > 2024-08-23 09:50 | Report Abuse

Don't buy. Best let it free fall. Haha

Posted by UncleFollower > 2024-08-23 09:52 | Report Abuse

Yes, very obvious, depends what price the syndicates want. They are doing left-right hand swiping the price down. Good for new shareholders

Posted by yongyong88 > 2024-08-23 09:56 | Report Abuse

wait at rm1 to collect. lower risk.

Posted by UncleFollower > 2024-08-23 10:09 | Report Abuse

If you have other shares that have not been moving, RM1 is a good time to rebalance portfolio

Posted by Besafe > 2024-08-23 10:28 | Report Abuse

Rm 1 seems high. Wait at 0.70. Haha

Posted by UncleFollower > 2024-08-23 10:35 | Report Abuse

Hmm. Ok I am taking 1.27. Probably going to lose some money, itchy

Posted by Besafe > 2024-08-23 10:41 | Report Abuse

Good luck bro.

Posted by UncleFollower > 2024-08-23 10:48 | Report Abuse

TQ bro. Feels familiar...the tight shareholding, the persistent share fall (can see syndicates swiping) and the poor results. Coupled w some rumours. If we think of M, MMC and MCement 🤣

Posted by carilembu > 2024-08-23 11:00 | Report Abuse

Tech and data centers related stocks freefall. Didn't expect sugar to follow suit as when these stocks were pumped up more than 100%, sugar stock was dropping. Next bank stocks will follow, probably next week.

Posted by Loh Kok Wai W > 2024-08-23 11:11 | Report Abuse

MSM,FGV,KUB,MRCB,UEMS,.Pos..Serbadak...those counters..all is more Ular in Director.......drink your blood n eat your meat...tak leh harap....

Posted by Loh Kok Wai W > 2024-08-23 11:11 | Report Abuse

MAs pun sama...

Posted by carilembu > 2024-08-23 11:22 | Report Abuse

GLCs all d same - policy based on political considerations not profitability reasons. Management also politically appointed not based on meritocracy, no surprise on continuous poor financial results...

Posted by carilembu > 2024-08-23 11:23 | Report Abuse

Wait for news for speuclative play to pump up the price....

Posted by turbochart > 2024-08-23 11:24 | Report Abuse

1.26🤔

Posted by Besafe > 2024-08-23 12:57 | Report Abuse

Manipulation to the max yet no action taken against all these group. Haha

Posted by UncleFollower > 2024-08-23 13:17 | Report Abuse

Ya Bursa has been much quieter these days. Maybe it's Wahid's policy, free market rules

Posted by Loh Kok Wai W > 2024-08-23 14:06 | Report Abuse

Bursa pun sama...Captain n the biggest Casino in Malaysia...look more new IPO ; 90 percent is Rubbish stock...many is take money n run....o loneterm invest..

Posted by UncleFollower > 2024-08-23 16:13 | Report Abuse

What do you guys think is the seller's target price? Looks like a strong will to make new 52wk low so to break below 1.08

Posted by UncleFollower > 2024-08-23 16:13 | Report Abuse

Which forum? Lose 100k for a counter that drop this quickly not surprising

Posted by UncleFollower > 2024-08-23 16:14 | Report Abuse

I think whoever is playing this, this flush down is very important for their game plan. It cost money to flush it down this way. Obviously it will recover the question is whether u have the money, stomach and patience for it, and how u feel when other counters arleady run wild while this way still ding dong in the foreseeable future

Posted by Luisa7 > 2024-08-24 10:53 | Report Abuse

I think can just wait Rm1 or below and collect ..

Posted by ABSBOSS > 2024-08-24 23:19 | Report Abuse

wait BIMB release their new TP...huhuhuhu

Posted by Stockmonster > 2024-08-25 13:27 | Report Abuse

柴油针对性补贴实施冲击温和，或使RON95补贴改革末季推行，削减白糖补贴也将推上日程。from nanyang 23/08/24.. msm benefit from revoke sugar subsidies or not?

Posted by UncleFollower > 2024-08-25 14:08 | Report Abuse

It's not a subsidy. It's price control. So MSM+ have been producing at a loss, but Government has already "reimbursed" them since November 2023. They are not calling it a subsidy, since it's a payment directly to MSM whereas Rakyat still pays 2.85.

Posted by UncleFollower > 2024-08-25 14:09 | Report Abuse

Lifting the price cap to 3.85, MSM will certainly benefit. BUT since Nov'23 they are alreardy receiving the reimbursement while Govt drags its feet.

Posted by UncleFollower > 2024-08-25 14:09 | Report Abuse

This means the loss from current quarter has nothing to do with Rakyat's sugar

Posted by UncleFollower > 2024-08-25 14:11 | Report Abuse

What happened is this...

MSM has locked in NY11, their raw material cost at a high price. When NY11 trends down like now, free market prices for sugar comes down. This hits their bottomline for industrial sugar. At the same time, there are 43 companies with APs which can import sugar at a lower price - this does not go through a refining process, they are traders. Import and sell to F&B industries at a price lower than MSM can do with a profit

Posted by UncleFollower > 2024-08-25 14:12 | Report Abuse

NY11 has been trending down, whereas freight cost continues to go up. It will not be easys for MSM to make a meaningful profit next quarter, break-even tho is quite likely as they can now massively lock in low NY11 prices

Posted by UncleFollower > 2024-08-25 14:12 | Report Abuse

Basically market went from shortage and expected shortage to surplus

Posted by UncleFollower > 2024-08-25 14:13 | Report Abuse

Share prices do not immediately reflect fundamentals especially when our trading time frame is short. Looking at the clearly manipulated movements, I'll take my chances with MSM. Buying on Monday 😆

Posted by UncleFollower > 2024-08-25 14:28 | Report Abuse

Sometimes we have to play like long-term investors lol. I think they messed up the hedging for raw material cost. I think the CFO screwed up that's why all the hoohaa. Longer term this is a national asset. Last round at 3+ people think it's going to 5-6, there're good reasons for that to happen

Posted by UncleFollower > 2024-08-25 14:28 | Report Abuse

Unlike exporters which have run wild these few years, the obvious downtrending of USD/MYR will benefit MSM massively

Posted by thundery > 2 months ago | Report Abuse

USD/MYR down trend will not be the catalyst for this company, most important is to make core business making profit

Posted by bose00 > 2 months ago | Report Abuse

Gomen in review of sugar subsidy.. wait for the announcement !

Posted by turbochart > 2 months ago | Report Abuse

1.20🤔

Posted by JacNgu > 2 months ago | Report Abuse

diabete glucose ⏬

Posted by meisarel > 2 months ago | Report Abuse

Bought MSM. Price is tempting enough

Posted by trader808 > 2 months ago | Report Abuse

MSM -CP
1 Exercise price is 1.48
2 Ratio is 4 ; 1
3 Last day of trading 28/8/24
4 will be suspended 30/8/24

Current share price 1.22
Hence, the call warrant will die out of money tomorrow.
It also means it will become worthless.

Question?
WHY ARE YOU STILL QUEING TO BUY AT 2.5sen , 2sen and 1.5sen for something that is worth nothing tomorrow.

If you think acquiring investment knowledge is expensive, ignorance could kill you.

Still queuing? Are you?
The choice is yours. Trade wisely
27/8/24

Posted by Besafe > 2 months ago | Report Abuse

Back to 0.70 soon just like during covid.

Posted by UncleFollower > 2 months ago | Report Abuse

Yes 70 cents if wanna besafe 😂

Posted by UncleFollower > 2 months ago | Report Abuse

Option 1 - cut and move to other counters all falling like there's a recession

Option 2 - hold and wait see budget'25 any speculative push, hold and wait another 6-8 months till turnaround

Option 3 - break FD buy more lock it up look at it in 1 year's time



fruitcake

SOS

50 minutes ago

Posted by Stockmonster > 2 months ago | Report Abuse

高温、大火摧毁巴西甘蔗　糖价将起飞？https://www.orientaldaily.com.my/news/business/2024/08/28/675969

Posted by Luisa7 > 2 months ago | Report Abuse

1 year low price today ... Otw to RM1

Posted by Besafe > 2 months ago | Report Abuse

Current management should resign. If under them forever also losing money. Haha

Posted by yongyong88 > 2 months ago | Report Abuse

Soon going to be penny stock. Below RM1 in no time if the daily decline continues.

Posted by UncleFollower > 2 months ago | Report Abuse

Given the low liquidity, margin calls and poor results, below RM1 isn't difficult

Posted by UncleFollower > 2 months ago | Report Abuse

Similarly, turnaround RM2 isn't difficult