MSM MALAYSIA HOLDINGS BERHAD

KLSE (MYR): MSM (5202)

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Last Price

1.13

Today's Change

+0.02 (1.80%)

Day's Change

1.10 - 1.13

Trading Volume

427,500


4 people like this.

3,900 comment(s). Last comment by fruitcake 1 hour ago

Posted by oldchinaman > 2020-04-16 21:42 | Report Abuse

i bought 200,000s @ 1.70 last april cost me 340k,.i bought 1m shares early this month cost me 340k also.

Posted by oldchinaman > 2020-04-16 22:43 | Report Abuse

tonight usa red, tmr morning usa green...kikiki

sugarfree

25 posts

Posted by sugarfree > 2020-04-17 11:22 | Report Abuse

Another huge losses in the coming qtr

sugarfree

25 posts

Posted by sugarfree > 2020-04-17 11:23 | Report Abuse

Talk is cheap...it's free indeed. It will need a miracle for MSM to perform lol

sugarfree

25 posts

Posted by sugarfree > 2020-04-17 11:30 | Report Abuse

After all, this MSM trying so hard to stay afloat to survive is easier than attempting to make a profit or being managed properly. It's interesting to see how idiots holding onto such a poorly managed company. Most likely idiots stuck for too long to let go...totally understandable

moneyfind

244 posts

Posted by moneyfind > 2020-04-17 12:17 | Report Abuse

MSM cross 0.42,i top up all in

Lucky81

495 posts

Posted by Lucky81 > 2020-04-17 12:36 | Report Abuse

all in also.

Posted by Klse_faizan > 2020-04-17 14:03 | Report Abuse

Hahaha..shark not interested in this counter lo.. if u can sell at 40sen is good enough

sugarfree

25 posts

Posted by sugarfree > 2020-04-17 16:09 | Report Abuse

As desperate as they usually do lol...such a pity

sugarfree

25 posts

Posted by sugarfree > 2020-04-17 16:09 | Report Abuse

Putting ur money into a dying company seems okay for these clowns

Posted by kicapwithrice > 2020-04-17 16:24 | Report Abuse

PN17 coming! Delisting

moneyfind

244 posts

Posted by moneyfind > 2020-04-17 17:09 | Report Abuse

U all can laugh now....next week see..i laugh at u all...my min TP 0.45....

Posted by taukecipek > 2020-04-18 11:50 | Report Abuse

All poor bangla no $ eat sugar No demand

Friendship

1,616 posts

Posted by Friendship > 2020-04-19 13:17 | Report Abuse

Technical charts suggest MSM to rebound to at least 0.80 soon

Lucky81

495 posts

Posted by Lucky81 > 2020-04-19 14:24 | Report Abuse

take over by anonymous tycoon soon.

Gekko92

179 posts

Posted by Gekko92 > 2020-04-19 14:25 | Report Abuse

wow.80sen.not bad.just buy and keep?

Posted by DailyTrader1818 > 2020-04-19 17:51 | Report Abuse

TP0.8

Citadel12

1,045 posts

Posted by Citadel12 > 2020-04-19 19:12 | Report Abuse

tp RM 8

240902

62 posts

Posted by 240902 > 2020-04-19 22:05 | Report Abuse

Looks like gambling counter

Gekko92

179 posts

Posted by Gekko92 > 2020-04-19 22:16 | Report Abuse

Malaysian love sugar maaa..i think will going up.

Posted by oldchinaman > 2020-04-20 09:37 | Report Abuse

average cost 45c all 1.682m shares, break even now

moneyfind

244 posts

Posted by moneyfind > 2020-04-20 09:38 | Report Abuse

Who laugh MSM?now i give u all 1 think...
Syukur alhamdullilah

ccy123

279 posts

Posted by ccy123 > 2020-04-20 09:40 | Report Abuse

This counter too cheap to ignore. Only worth RM316m. Bursa must be joking. Checked last time IPO 10 years ago 3.38

ccy123

279 posts

Posted by ccy123 > 2020-04-20 09:41 | Report Abuse

Easily RM1.00 target

ccy123

279 posts

Posted by ccy123 > 2020-04-20 09:43 | Report Abuse

Can be privatised by Felda

ccy123

279 posts

Posted by ccy123 > 2020-04-20 09:44 | Report Abuse

Three years down the road re list again at 3.50

johorean8

132 posts

Posted by johorean8 > 2020-04-20 09:47 | Report Abuse

China buying MSM sugar?

Jnlee

305 posts

Posted by Jnlee > 2020-04-20 09:47 | Report Abuse

See u at Rm1

ccy123

279 posts

Posted by ccy123 > 2020-04-20 09:48 | Report Abuse

At RM1, market cap only RM703m. New Johor plant already worth RM1.1b

Gekko92

179 posts

Posted by Gekko92 > 2020-04-20 09:51 | Report Abuse

wow..woww..woww

goodgain

182 posts

Posted by goodgain > 2020-04-20 12:06 | Report Abuse

MSM is doing badly. So does CSR. Seem both sugar company are doing badly, either increase in price or gov to subsidize them, the chances is high.

turbochart

545 posts

Posted by turbochart > 2020-04-20 12:14 | Report Abuse

All in 470!!!

Banditos

698 posts

Posted by Banditos > 2020-04-20 12:38 | Report Abuse

good company bad company doesnt matter. a good trader makes money both ways. talk is cheap, mostly fron ppl who confused themselves as investor usually after they've missed the boat. noobs.

Posted by DailyTrader1818 > 2020-04-20 12:55 | Report Abuse

said already 0.8 no problem

Posted by taukecipek > 2020-04-20 13:41 | Report Abuse

https://klse.i3investor.com/servlets/ptres/54948.jsp

We maintain HOLD on MSM Malaysia with a lower fair value of RM0.51/share (vs. RM0.85/share previously). We have reduced our P/NTA assumption for MSM to 0.4x from 0.6x to account for increased risk of asset impairments.

Apart from sales volume, we believe that Malaysia’s movement control order (MCO) from mid-March till April 2020 would affect the ability of MSM to collect cash from its debtors or receivables.

We have reduced MSM’s sales volume growth from 2.5% to 1.5% for FY20F to account for weaker demand for refined sugar. As a result, MSM’s net loss is forecast to widen to RM47.0mil in FY20F from our original estimate of RM36mil.

We believe that the demand for refined sugar from the domestic retail and industries segments would be weak in FY20F as the MCO affects the consumption of sugar in beverages and products such as cakes and biscuits.

We also think that there would not be any significant increase in the selling price of refined sugar for the industries and export markets. This is due to weak demand and the falling price of raw sugar.

In contrast in FY19, average selling price of MSM’s refined sugar dropped by 7.8% in the domestic retail and industries markets in Malaysia due to competition from imported sugar.

The retail segment accounted for 47.0% of MSM’s sales volume in FY19 while industries accounted for another 44.2%. The export markets made up the balance 8.8% of MSM’s FY19 sales volume.

On a positive note, raw sugar price has declined by 29.4% since reaching a high of US$0.1492/pound on 21 February 2020. Raw sugar is currently trading between US$0.10/pound and US$0.11/pound. Raw sugar accounts for 80% to 90% of MSM’s production costs.

However, MSM would not be enjoying the full benefit of weaker raw sugar prices in 2HFY20 as the MYR has depreciated against the USD. From a high of USD1.00: RM4.0547 on 17 January 2020, the MYR has fallen by 7.2% against the USD. The MYR is currently hovering at US$1.00: RM4.3698. Raw sugar is imported in USD.

Source: AmInvest Research - 20 Apr 2020

yucaihacai

355 posts

Posted by yucaihacai > 2020-04-20 13:44 | Report Abuse

TP has been reduced to 0.51

Posted by kicapwithrice > 2020-04-20 13:45 | Report Abuse

If good..why Epf sold out? Doomsday coming

yucaihacai

355 posts

Posted by yucaihacai > 2020-04-20 13:47 | Report Abuse

As a result, MSM’s net loss is forecast to widen to RM47.0mil in FY20F from our original estimate of RM36mil.

yucaihacai

355 posts

Posted by yucaihacai > 2020-04-20 13:48 | Report Abuse

Still loss money. Buy buy buy.. cipek

yucaihacai

355 posts

Posted by yucaihacai > 2020-04-20 13:54 | Report Abuse

We believe that the demand for refined sugar from the domestic retail and industries segments would be weak in FY20F as the MCO affects the consumption of sugar in beverages and products such as cakes and biscuits.

We also think that there would not be any significant increase in the selling price of refined sugar for the industries and export markets. This is due to weak demand and the falling price of raw sugar.

kleverman

69 posts

Posted by kleverman > 2020-04-20 15:05 | Report Abuse

Heard wind that there is a potential merger to prop sugar price up, hold for the ride of your lifetime!!

Posted by AbuSahid > 2020-04-20 15:30 | Report Abuse

Sudah sampai masa utk cabut! Terima kasih sekalian! Cepat runnnnnnnnnnnnnnnnnn!

dxbman

900 posts

Posted by dxbman > 2020-04-20 15:41 | Report Abuse

Strong buy

Banditos

698 posts

Posted by Banditos > 2020-04-20 15:43 | Report Abuse

lolz. what was it? bad qr? bankrupt? 95% roi in a month. ty buyers. daaa

dxbman

900 posts

Posted by dxbman > 2020-04-20 16:18 | Report Abuse

BUY BUY BUY!

CITADEL

1,867 posts

Posted by CITADEL > 2020-04-20 16:32 | Report Abuse

good stock!!! so powerful!!!

dxbman

900 posts

Posted by dxbman > 2020-04-20 16:35 | Report Abuse

Don't miss the boat. Last 10 mnutes

Posted by Angel of KLSE 大马股仙 > 2020-04-20 16:45 |

Post removed.Why?

Hui Mei

5 posts

Posted by Hui Mei > 2020-04-20 16:59 | Report Abuse

sold all 510 and buy back half 525 T___T

dxbman

900 posts

Posted by dxbman > 2020-04-20 17:03 | Report Abuse

Another huge 6-figure paper profit!

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