Results out, headline loss lol

Well guys, at least the national single window trade contract has been extended. Given no announcements previously I actually thought even that could be terminated 😂

I like how the share price is holding up so well when it does 15.8M of business and lose 3.8M. For a company this small it's puzzling how they can continue to sustain the losses 😅

Regret lor sold off everything at lows swapped to small mid caps earlier

The once mighty stock that can't go below 90 cents

Outperforming MRCB and UEMS on 3 days, 5 days comparison 😂

Inari 3.08? I thought my screen error. Index green green Inari down almost 10%

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

Wah this one going to 52Wk low when Index is near highs

To call end of downtrend at 1.90+ and turn out to be right then it proves you're very good @meisarel

Clear downtrend until news, if any

Yes 70 cents if wanna besafe 😂

lol 0.365 now I will try, remember dont average down this counter...




youarewelcome88

@PJ2021...Let's wait for @UncleFollower...

1 day ago

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

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

So any explanation yet why Notion waterfall so quickly?

Technically, we have seen this before everywhere. The huge rounding top shows uptrend is over. It will now consolidate side ways below 200MA. So until good news, it'll be a long boring wait

For DNEX to rise, there is hope

Over 600M poured into Silterra, cold hard cash. There's capacity to capture market recovery. Silterra isn't the only one being hit by this down cycle. It's called a cycle because it will come back

Foxconn plant we don't know what's happening. It's politically a plus. Not sure why Govt is hesitating. Afterall, Foxconn is a legit name, more people know Foxconn than Infineon

Oil is steady now. They raised money from placement for Oil. Oil will be its bread and butter in the medium term, this is supporting its share price to be honest. Longer term there will be a spin-off.

Tech services is the black horse. So far still no announcement on National Single Window trade thing renewal. So far still no news on NIISE. There are also overseas tenders pending. DNEX is basically just a work in progress damn. But this sector will be given a good valution balancing oil's low valuation. Across Bursa-verse, MYEG aside, DNEX is quite a legit contender, politically and fundamentally - don't forget it has been in this business for a very long time

Sooooooo...if one has patience, DNEX is ok, it's not shit really

You're right, but that's not becauuse DNEX is diversified. It's because DNEX has yet to show they can benefit from the purported "good news". Being diversified is actually its strength right now. If not for these 3 sectors, DNEX can go to 20 cents easily given how they are performing

So now we know NIISE is going to Heitech lol

This is not a good fundamental stock...but it's a good trading stock. Volume still here, at low prices we can play. A good argument for this is, no one really has stocks to sell at low cost. It may come down another 10-20-30%, but you know it has to go up for distribution, for sharks to leave. There'll be a run somewhere down the road, no matter how low it goes no

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 😆

Basically market went from shortage and expected shortage to surplus

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

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

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

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.

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.

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

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

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

Still holding up very well - few retailers - low shares in circulation. Around $1.50 shld be much fairer for investors

This comment actually funny 🤣



cwc1981

Haha now going after mamak store for money

1 day ago

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

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 🤣

Why this counter still so much interest ah. Is it really that good value at 38 cents?

Bought at 1.00 sold at 1.08, help hng33 support a bit at 1.00

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

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

FYI auto trader in play...before I cancelled, 1.7M shares in BQ, cancelled and instantly the BQ disappears

Cancelled lol

Market crashing...my overnight buy queue .385 not matched yet. Should I cancel it lol

Not difficult to average down by the time it limits down, seller queue will be unlimited

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

I tot OTB is in counters like YTLP, Notion too? If so, he's a pro, he would have cut this morning before the crash

I think theta is holding up so well because most retailers have already sold

20-30cents is optimistic, probably lost more. Hng33 cut loss ba

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

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

Do not catch falling knife...but we should wish for a steeper drop. Big fat opportunity if this comes back down to $1.00 thank the syndicates