Posted by Arvin6 > 2021-03-30 11:28 | Report Abuse

This is consolidate current high price..it will take several month to do that. So it will fly after many month or year ... Current price will DING DONG around 1.60-1.90

Posted by Silly_money > 2021-03-30 15:47 | Report Abuse

Going back to 1.7. Price pump for banker to TP.

Posted by jwyap > 2021-03-31 13:26 | Report Abuse

It is moving up now, will break rm2 afternoon. Hope can close above rm 2

Posted by collie > 2021-03-31 14:56 | Report Abuse

would be surprised if it does since Red Sea all over

Posted by tallman > 2021-03-31 15:20 | Report Abuse

back to square 1

Posted by Arvin6 > 2021-03-31 16:55 | Report Abuse

market is getting worst.. Probably MSM will stay at 1.60-1.90level for several month. Need time to consolidate recent high.. Can come back if the next QR release with good result .. MSM needs rest now .. Thanks MSM

Posted by Loh Kok Wai W > 2021-03-31 21:24 | Report Abuse

holding power......

Posted by Young Money > 2021-04-01 11:57 | Report Abuse

Already confirmed coming quarter better than last quarter, hold and enjoy the ride.
In MSM we trust, be patient and hold tight tight.

Posted by Ais Milo > 2021-04-01 12:54 | Report Abuse

how confirmed?can share the news link?

Posted by Arvin6 > 2021-04-01 14:44 | Report Abuse

How can he know the QR is good ? yesterday just closing ..some more dont think it so fast can complete the QR result .. it will take more time to complete it. but for recent high price need many month to consolidate . better buy after the earning stream is back or at least wait for the clear direction from this stock . just my opinion

Posted by TedTock > 2021-04-01 15:10 | Report Abuse

I don’t know about that commenter, but someone from the finance dept could easily make an estimate based on monthly reports.

Posted by MattHann > 2021-04-01 16:11 | Report Abuse

@Young Money, you got it right

Posted by Loh Kok Wai W > 2021-04-02 16:30 | Report Abuse

MSM move already.........RAYA PUASA ......wave.

Posted by tial > 2021-04-06 10:19 | Report Abuse

continue sweet ....

Posted by HamsterHuat > 2021-04-08 08:17 | Report Abuse

MSM need rest lah....treament for Diabetic ongoing....

Price will move sideway..at least until Ramadan Bazaar buka...

then only the sweetness will set in.

Now buy for keeping...maybe might go down to rm1.50
but for sure...Ramadan Bazaar period....at least rm2 lah.

Happy Puasa everyone...

Posted by Arvin6 > 2021-04-08 12:00 | Report Abuse

it really need time to consolidate recent high .. recently no more sweet.. will continue if the income source can continue the rest of QR . But for now only can see the price move ard here .. if have better chance go for it first .. MSM not so fast right now .

Posted by HamsterHuat > 2021-04-08 18:53 | Report Abuse

Wah....if really sideway trend......better move fund to other possible happening recovery stock.

MSM bring me joy and happiness.....following and i sold it and wait for "sign" indicating ...it is time to invest again.

But if really fall to 1.50....buy buy

Posted by fujito > 2021-04-08 20:57 | Report Abuse

Current announcement will affect the share price Tomrw?

Posted by HamsterHuat > 2021-04-08 22:10 | Report Abuse

what current annoucement? link please

Posted by TedTock > 2021-04-08 22:14 | Report Abuse

https://www.theedgemarkets.com/article/msm-suspends-msm-johors-production-two-months

Posted by TedTock > 2021-04-08 22:16 | Report Abuse

MSM said that during the temporary shutdown, it will use available refined sugar stocks at MSM Johor on top of being supported by production at its second refinery, MSM Prai, for domestic and export market supply.

“With these measures, there will be no material impact on operations, earnings per shares and net assets per share of the company arising from the temporary production shutdown," the company said.

Posted by fujito > 2021-04-08 22:16 | Report Abuse

Suspended Johor operation for next 2 months

Posted by ket4212 > 2021-04-08 23:34 | Report Abuse

bad news mayb downtrend

Posted by Bangsabursa > 2021-04-09 00:07 | Report Abuse

If look at the chart carefully you will see the double top pattern.

Posted by Hop333 > 2021-04-09 00:23 | Report Abuse

They stated "no material impact on operations, earnings per shares and net assets per share of the company". So shouldn't have major issue, maybe drop bit & up again?

Most importantly, wasn't as serious as Top Glove or other major issue. Anyhow, bursa is unpredictable. Good news doesnt mean will up

Posted by Parksonguy > 2021-04-09 04:41 | Report Abuse

No metarial impact? Management talk cock? Whole factory closed for two month not two weeks.

Posted by Parksonguy > 2021-04-09 04:43 | Report Abuse

Perlis factory last yrs already closed down now want restart need money, johor factory need pay free salary. After two month closed perlis again need money to closed again.

Posted by HamsterHuat > 2021-04-09 08:51 | Report Abuse

habis....2 month shutdown during coming Bazaar Ramadan month NOT good....

Boiler BERAKdown mean no regular maintanance....possible budget cut....never do repair or just jalan saja selagi boleh.

Adoiiii.

Like this...buy with care.

Posted by Bgt 9963 > 2021-04-09 08:56 |

Post removed.Why?

Posted by MattHann > 2021-04-09 09:13 | Report Abuse

Relax guys. Prai plant has a production capacity if 1 million tonnes per annum. MSM as a group, only sells about 1.1m tonnes for the whole year. it can do so without johor plant for the entire year.

Posted by collie > 2021-04-09 09:16 | Report Abuse

As long as today close above 1.60 I think it’s ok. Q2 will most likely post good results. Don’t panic. Will monitor and top up a bit. Let’s see today’s performance

Posted by Kedahan > 2021-04-09 11:18 | Report Abuse

Digi, Axiata can merge why not SM CSR & MSM?

Posted by Kedahan > 2021-04-09 11:27 | Report Abuse

MSM Johor plant sell to MMC or DRB if SM takeover?

Posted by apple999 > 2021-04-09 11:48 | Report Abuse

MSM hold seems quite strong even after bad news came out

Posted by caonima > 2021-04-09 12:35 | Report Abuse

https://www.theedgemarkets.com/article/cgscimb-downgrades-msm-malaysia-reduce-expects-refinery-suspension-pose-earnings-risk

Posted by TedTock > 2021-04-09 13:37 | Report Abuse

Analysts ask you to sell when they want to buy lol

Posted by Arvin6 > 2021-04-09 13:55 | Report Abuse

Seem like many investor spot this MSM dy .. its need time to consolidate recent high .. Maybe it will need few month or year. but if the big boy buy in that is a difference story .... lol .. now will wait and see the uptrend signal from MSM.. if some of them believe what i say last two weeks maybe now you all can get cheapest share right now ..lol.. Happy Trading .

Posted by TedTock > 2021-04-09 14:02 | Report Abuse

Those who bought this morning are pleased with themselves now i bet

Posted by HamsterHuat > 2021-04-09 14:23 | Report Abuse

waiting at 1.50..

Posted by collie > 2021-04-09 17:01 | Report Abuse

cheap sale

Posted by Kevin Tam > 2021-04-09 17:14 | Report Abuse

Why Aminvest given so high target price wherea Cimb only given 1.22?

Posted by trustmenojoke > 2021-04-09 17:15 | Report Abuse

waiting at 1.50 too. hehe

Posted by collie > 2021-04-09 17:20 | Report Abuse

Aminvest POV:

We believe that earnings impact of the plant shutdown would not be significant as the off-take in the sugar refinery in Tanjung Langsat is low. Average utilisation rate of the refinery was only 27% in 4QFY20. Average utilisation rate was 23% in FY20.
Hence, MSM Prai can easily take over some of the sugar orders from MSM Johor. We believe that MSM Prai’s utilisation rate is about 80%.
We also gather that the boiler is under warranty. Hence, MSM may not have to bear all of the boiler’s repair expenses.

Posted by Tigerchan > 2021-04-09 20:16 | Report Abuse

Cimb 1.22, is to help investor to buy. Does cimb know hos to run business.

Posted by Armanhashim > 2021-04-09 20:46 | Report Abuse

Back to 60 sen ?

Posted by Survivor13 > 2021-04-12 08:47 | Report Abuse

MSM already making profit, and the company has announced temporary shutdown for maintenance work does not have any impact to operation and EPS. All supply still can be filled by Prai factory. Take Aminvestment reseach TP = 2.15 as good. More Raya Puasa is coming, Sugar demand is increasing. Go go go

Posted by TedTock > 2021-04-12 14:15 | Report Abuse

Puasa + Raya = more goodies to cook. Good news for msm.

Posted by Goldenhorse > 2021-04-12 15:21 | Report Abuse

Lets make some logical math here, Say Johor closed for repair, because it says boiler problem in news. Say they repair now, means good because repair still under warranty, I wonder who did their boilers, Those contractors losing big time. But at the same time, now repair better as it is free. then when it is not repaired means not efficient la. So now repaired = in future will be more efficient?????

Posted by Goldenhorse > 2021-04-12 15:22 | Report Abuse

Eh if plant shut down revenue will drop meh? CGS CIMB says depreciation continue. I think not true, MSM has buffer 2 months stock for this closure.. I think net net no impact? or impact is good cus close for repair better than keep running and damage?

Posted by Goldenhorse > 2021-04-12 15:29 | Report Abuse

Got inventory buffer means can continue to sell loh. Revenue and profit same loh