KLSE (MYR): MISC (3816)
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7.18 - 7.29
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: TRANSPORTATION & LOGISTICS TRANSPORTATION & LOGISTICS
Subsector: TRANSPORTATION & LOGISTICS SERVICES TRANSPORTATION & LOGISTICS SERVICES
Index Group: TRANSPORTATION & LOGISTICS TRANSPORTATION & LOGISTICS
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
MISC is a maritime logistics company domiciled in Malaysia. The company organises itself into four segments: petroleum, liquefied natural gas, offshore, and heavy engineering. The petroleum segment, which contributes the largest portion of revenue, transports crude oil, petroleum products, and chemicals by sea. Liquefied natural gas, the next most significant segment, transports liquefied natural gas through its fleet of shipping vessels, and operates floating storage units. The offshore segment operates and maintains offshore floating terminals. The heavy engineering segment provides offshore and onshore construction and maintenance services. The company derives approximately half its revenue domestically and half its revenue from the Americas.
I post this to stress the fact that MISC missed the biggest bull run of container and freight shipping of the century because of the decision to dispose their shipping lines. This news is relevant to explain why MISC:MK never experienced the growth or SP appreciation. Many shareholders were disappointed.
Moving the focus to O&G sector was such a bad move.
Even NOL could not survive its container shipping, wht makes u think MISC can? MISC sold container shipping business more than 10 years already, another one or two years, its few chemical tankers also will be sold.
Container shipping got cartel like mearsk, cma cga, Asia oocl etc.. Typical company won't have place. How many shipping companies collapsed in last decade.
True, MISC has too many scandals in the past with its employees and the disposal of their container shipping line was such a HUGE mistake.
I would be buyer if this drops too much. Since it is still one of the biggest and most stable shipping companies in Malaysia. This and Westports.
One day this company will go private for sure. Very profitable
Share price just won't up. Waste of my capital
If we break the 10-year resistance of RM9, which likely won't happen forever.
A supply chain crunch that was meant to be temporary now looks like it will last well into next year as the surging delta variant upends factory production in Asia and disrupts shipping, posing more shocks to the world economy.
Manufacturers reeling from shortages of key components and higher raw material and energy costs are being forced into bidding wars to get space on vessels, pushing freight rates to records and prompting some exporters to raise prices or simply cancel shipments altogether.
“We can’t get enough components, we can’t get containers, costs have been driven up tremendously,” said Christopher Tse, chief executive officer of Hong Kong-based Musical Electronics Ltd., which makes consumer products from Bluetooth speakers to Rubik’s Cubes.
Tse said the cost of magnets used in the puzzle toy have risen by about 50% since March, increasing the production cost by about 7%. “I don’t know if we can make money from Rubik’s Cubes because prices keep changing.”
Bloomberg | Markets
Everyone is holding. That's nice
Still the stock to watch next week
The market is looking very good today. Looks like I no longer have to do any analysis for Malaysia as the next emerging market. Anyways will be leaving my job as equity strategist soon. Last quarter
Foreign investors are back. The time has come and there is a probability that they will buy either plantation or shipping companies or financials which form the core industries in Malaysia. Tech companies, not so much given its recent run-up.
Really hope MISC breaks the 10-year high
♫ If ever you're in my arms again
This time I'll love you much better
If ever you're in my arms again
This time I'll hold you forever
This time we'll never end
Shipping companies had their best year since 2008. Whereas MISC lol
BOD...is the problem...
Misc looks tasty now
dompeilee 1.2 lots still staked here!
16/06/2021 11:20 AM
SOLD the balance of my MISC @ 7.19 today. Methinks I'll hv a chance to re-BUY in the low 6.00s in the foreseeable future!
RM7.2 pls. Need to christmas shopping
Profit nearly double compare to last year. Estimate this year EPS at least 40cents. 3Q DIY is 3% @RM7.
why EPF keep buying but the price keep dropping? EPF buy high can earn?
Keep an eye on this stock. long term value is emerging.
C'mon 6.00!!! I know you can DO IT! =)
Invasion of Ukrain is imminent, Putin will invade Ukrain..cannot tahan Ukrain turning into NATO allies and let NATO surrounds the Russian border with all the NATO missilles, especially US misslies.stationed there... Screw the sanctions said Putin, get your missiles away from my backyard.
Oil price will shoot up, inflation will rear its ugly head, Fed will raise rates, markets will have severe correction
MISC will indirectly benefit from oil price increase, along with other benefiaciary like commodity oil palm stocks
When natural gas supply is disrupted via pipe from Russia to Europe with the invasion of Ukrain, The world, or Europe now can only depends on LNG which can be shipped, there is only limited number of LNG ships in the world around 600+. MISC is now in the sweet spot
[转贴] [Video:浅谈MISC BERHAD, MISC, 3816] - James的股票投资James Share Investing
What causing the share price goes up?
Ai yah, dont have to ask why it is going up when RM8 has yet to be reached!!
Pls come down. I need to collect more.
MISC BERHAD 2021 年度财报分析
QR no good.
sell on news! near all time high already
back to rm5 only consider
QR so bad for the big drop?
interest rate increasing, funds will withdraw out more when it does not perform much better. cannot justify
U Ada tolong mhb ke
[转贴] [Video:浅谈MISC BERHAD, MISC, 3816] - James的股票投资James Share Investing
Bought back the MISC I SOLD above $7
Bought back and wait for Aug dividends
Hopefully the QR will be better than last Q.
Dividends coming soooooon...
After 3 years pandemic already end,
next year onwards surely is the years of recovery and economy start booming time !
Like previously economy downturn period of:
1)Crisis 1986-1990 start booming 1993 to 1997
2)Crisis 1997-2000 start booming 2003 to 2006
3)Crisis 2006-2010 start booming 2013 to 2016
4)Crisis 2016-2022 start booming 2023 to 2027
So, our economy and KLSE will be spike up like mad start from year 2023 which is next year and i predict our KLSE this round of bull run start 2023 will hit it’s record high of around 2,000 points !
Heng Ah, Ong Ah, Huat Ah !
"Amidst this volatile backdrop, the Petroleum and Product Shipping segment has continued to improve the quality of its income and balance sheet through its shuttle tanker business and asset rejuvenation with greener-fueled newbuildings," said Rajalingam.
On the marine and heavy engineering segment, Rajalingam said the group is cautiously optimistic on the heavy engineering sub-segment in view of prolonged supply chain disruptions and high steel prices.
While the reopening of international borders has contributed to the marine sub-segment's turnaround, soaring global gas prices and robust LNG demand are expected to see vessel owners deferring dry-docking.
For its offshore business segment, Rajalingam said it will remain focused on executing the project on hand, with its financial performance supported by the existing portfolio of long-term contracts.
This forum is very quiet, yet news is positive ... Kenanga upgrade to 7.50 is nice. And also new activity in the oil and gas fpso sector.
The fate of two ageing floating production, storage and offloading vessels that have not operated for some time is becoming clearer as fresh assignments loom under new owners and the number of units available for redeployment dwindles.
The two vessels in question are the BW Opportunity FPSO, and the Armada Claire FPSO.
2 months ago
wallstreetrookie, the news is for year 2011. now 2021...