Posted by newbie5354 > 2019-09-15 21:41 | Report Abuse

Why only Pos govn allow? How abt sugar?

Posted by Investhor > 2019-09-15 21:47 | Report Abuse

Pls read the Postal Services Act 2012..basically POS is obliged to maintain a post office for a certain amount of citizen numbers in an area

Therefore for it to perform this obligation..it can’t be loss making..how will they maintain the post offices if they keep losing money..

As for sugar it is a different industry..not compareable to this..

Posted by newbie5354 > 2019-09-15 22:11 | Report Abuse

Like Pos; MSM company cost and expenditures have increased but sugar price cut by 10 sen/kg resulting in heavy loss to MSM past 1 year.

Posted by Investhor > 2019-09-15 22:20 | Report Abuse

Like i said..MSM is in different industry (sugar)..sugar and postal are 2 very different things..we have to study them separately as in which law / act is involved ..

Posted by Surewind > 2019-09-17 22:23 | Report Abuse

Newbie pls read the article below. Sugar price has been low through out the world.
Its not an isolated case.

But for now, sugar producers are struggling. Germany’s Südzucker AG, Europe’s largest sugar refiner, said in July that revenue in its sugar unit fell 16% in the three months through May from a year earlier.

“Everyone’s losing money,” said Julian Price, an independent sugar consultant and former president of the European Association of Sugar Traders. “I don’t think it’s been as bad as this in almost forever.”

https://www.wsj.com/articles/indian-sugar-glut-pushes-prices-close-to-decade-lows-11566820801

Posted by 10215673035009552 > 2019-09-17 22:34 | Report Abuse

why u support price hike... u stuck up there in pos... kesian

Posted by 10215673035009552 > 2019-09-17 22:36 | Report Abuse

seldom ppl support any price hike... unless u desperate because stuck up there

like that poor fella stuck in layhong support egg price hike

kesian u no cutloss

Posted by 10215673035009552 > 2019-09-17 22:39 | Report Abuse

even rate hike cannot help u...

logistic counters in downtrend, wont recover until after recession ends

Posted by blure74 > 2019-09-23 22:00 | Report Abuse

pos malaysia offer special price to lazada and shopee at a losing profit. the pos malaysia sale person only concern get sales from laz and shopee, as long as revenue up management is happy in shorterm, but it also drag further higher operating cost.
imagine all the easy work intratown ship shopee and laz own courier grab, while all the far distance delivery only assigned to posmalaysia (special price)

else mana u find soo many free shipping here and there .. online

Posted by Victor Yong > 2019-12-02 18:12 | Report Abuse

POS was trading at RM 3.00 - 3.25 range before it announced its first quarterly loss in November 2018 report


POS should be seeing interesting trend in the weeks ahead. based on below:

i. Rate Hike Announcement by year-end for implementing on 1 Jan 2020.

ii. High Change of Rate Hike Approval, Due to POS needing to Service its Obligation under Postal Services Act 2012

iii.a tariff hike is due, at least to ensure that the traditional mail segment is at minimum on BREAKEVEN to be fair to POS as it cannot simply shutdown its branches (even thought they are losing money) due to their obligation to the USO and the Postal Services Act 2012.