Posted by KylieTan > 2023-12-27 11:51 | Report Abuse

The price of sugar in Malaysia is RM2.69 per kilogram, which is the cheapest in the world. The average price of white sugar is RM9.00 per kilogram in the Philippines, RM6.50 in Singapore, RM5.00 in Vietnam, and even the price in Brazil, a raw sugar producer, is as high as RM3.60.

Posted by Luisa7 > 2023-12-27 14:14 | Report Abuse

No wonder you said many sugar refiner in Malaysia will close down, FlowMaster

Posted by FlowMaster > 2023-12-27 18:09 | Report Abuse

yup, and now they receiving subsidy from government, so coming result might perform better

Posted by Arvin6 > 2023-12-27 21:36 | Report Abuse

Now better put it aside before gov will continue giving subsidy for sugar. If without subsidy QR sure koyak. Will start buy back when the subsidy is comfirm..

Posted by dollardollarbill > 2023-12-28 21:04 | Report Abuse

Just like MSM faces hurdles with sugar ceiling prices, PBA awaits potential water tariff hikes for increased profits. Two sides of the same coin in different sectors, but both operating in essential commodities - sugar and water.

PBA could be trading at 2-3x potential earnings...

PBA Holdings Bhd: (P)rofits to (B)ecome (A)bundant?
https://klse.i3investor.com/web/blog/detail/dollardollarbill/2023-12-28-story-h-211507880-PBA_Holdings_Bhd_P_rofits_to_B_ecome_A_bundant_dollardollarbill

Posted by Arvin6 > 2023-12-29 09:45 | Report Abuse

From the price moving seem like gov not giving subsidy..

Posted by Luisa7 > 2023-12-29 16:30 | Report Abuse

lol, share price alrdy moved up to Rm1.63. What to you expect, Arvin6? 😅

Posted by meisarel > 2023-12-29 18:57 | Report Abuse

Govt have to either:

1) continue giving subsidy to sugar refiners so that they can maintain current retail price
2) float the sugar price from current unsustainable low price

Failing to do so will:
1) slowly kill local sugar refiner, which in turn put national food security at risk
2) unfairly allow the population to enjoy low sugar price at the expense of poor Felda settlers by virtue of them being the major shareholder of MSM via FGV and Koperasi Felda (combine shareholding of more than 65%)

Posted by meisarel > 2023-12-29 19:10 | Report Abuse

Felda Chairman has already mentioned that to maintain current low price, it is not the govt that is subsidising.

It is actually poor Felda settlers is subsidising the nation. Doesn’t sound right and something has to be done.

Hence the govt started to incentivise refiners with RM 1 per kg in Nov and Dec for a max of 24,000,000 kg per month (24,000 tonne per month). At least the govt have kicked the ball rolling and some NEW mechanism (i.e subsidy or price float or both) is bound to be announced very soon.

Posted by meisarel > 2023-12-29 23:10 | Report Abuse

https://youtu.be/zdwIIICqOLY?si=rhI8CwrLqj3fWBGH

Posted by Arvin6 > 2023-12-30 13:41 | Report Abuse

Just saw the announcement, sugar beverage will increase tax from 0.40 - 0.50. Guess Tuesday MSM share price will drop much.. Also absent of the subsidy.. Better wait and see..

Posted by KylieTan > 2024-01-02 16:32 | Report Abuse

Let's see. Hard to speculate now ...

Posted by estrabrook > 2024-01-03 10:26 | Report Abuse

Up more than my TP to sell but yet to... should I just take the profit? 25%

Posted by Luisa7 > 2024-01-03 12:09 | Report Abuse

See profits take profit. But still depends on your risk-reward ratio, estrabrook

Posted by 5354_ > 2024-01-04 03:53 | Report Abuse

If fear missing out more MSM gain take a look at FGV who own >50% MSM. Just like YTL also gain when YTL Power keep going up.

Posted by KylieTan > 2024-01-04 11:41 | Report Abuse

In a glimpse of eyes, MSM breaks 52-weeks high alrdy. Ha

Posted by meisarel > 2024-01-04 12:08 | Report Abuse

Looking at monthly chart, it paint a very nice story. Very high potential

Posted by Luisa7 > 2024-01-05 12:31 | Report Abuse

Yup, its technical chart is very beautiful

Posted by ISEOX1R > 2024-01-05 14:05 | Report Abuse

@Arvin6 probably missed the boat or suffer a big loss in this counter. Saw somebody comment in KLSE screener saying he's a hater in MSM. His name is Alvin Hoo. Keep asking people trade MSM but not invest, no wonder he loss. After cut loss then keep bashing management con people, share price waterfall, no subsidy..etc.. Beware of this guy and dont be affected by his negativity

Posted by ISEOX1R > 2024-01-05 17:00 | Report Abuse

Childish? Looking back at your comment in year 2021, everybody knows what you did. Share price green you quiet, red then you come out from your hole to start bashing. Management con ppl, shark con retailer, con stock con show... so many con from you. Did management point a gun in your head asking you to buy the share? Feel sad for you loss so much in this counter until you need comment something bad from 2021 till now. LOL pity and feel sad for you. MSM limit up from March 2021, you also create the account just for this share. Same goes to your KLSE Screener, also created in March 2021. LOL Please look at your mirror before you say people childish.

Posted by ISEOX1R > 2024-01-05 18:42 | Report Abuse

Cut loss? Only ignorant trader like you will cut loss or people who con and mislead by your comment will do so. Actually how much you loss in this counter? Always comment bad when share price in red. Now boiler ok, subsidy, price revision soon and new management still you need bark something bad towards MSM. You don't wait until price revision and subsidy confirmed only you buy back leh. Later people taking profit and you go catch the knife. Later cut loss and bark another 5 years.. Lol funny sore loser.

Posted by ISEOX1R > 2024-01-05 18:59 | Report Abuse

@Arvin6 it's time for you to let go the needle in your heart toward MSM. Anyway, sorry for your loss in this counter until you need comment shit here for 3 years. Happy investing guys, basically we can just ignore what he said here because he is emotionally unstable due to the loss he suffered in MSM.

Posted by Arvin6 > 2024-01-05 19:04 | Report Abuse

Something wrong with this guys.. I guess today already cutloss.. Stay strong

Posted by ISEOX1R > 2024-01-06 10:22 | Report Abuse

Lol immature Arvin6, deleted his post above. Doesn't matter if you delete, mine will be remain to alert othes to not con by you. Happy investing guys

Posted by Arvin6 > 2024-01-06 10:29 | Report Abuse

Lol...If you happy then keep going on. Keep doing post to criticism ppl. Hope you doing well.. Good luck to you

Posted by ISEOX1R > 2024-01-06 10:52 | Report Abuse

No, I will follow your footsteps. Share price red then I will say con by management, con stock,rubbish stock, qr koyak and will drop more. Everybody can read your comment from year 2021. Go delete it before people start laughing at you. LoL

Posted by Arvin6 > 2024-01-06 12:58 | Report Abuse

Pity you.. LoL.. Yesterday must cutloss then suddenly coming up again.. That why you like org gila keep on barking here and there.. Haha hahaha hahaha

Posted by Luisa7 > 2024-01-08 12:09 | Report Abuse

Stay peaceful and positive so that you can be more rational in the stock market 😊

Posted by KylieTan > 2024-01-10 15:21 | Report Abuse

speaking of staying positive, I am optimistic that MSM will turn profits in FY2024, hehe

Posted by meisarel > 2024-01-10 18:38 | Report Abuse

Potential multi-bagger in the making. Good luck all!!

Posted by Luisa7 > 2024-01-11 13:50 | Report Abuse

@meisarel. What's multi-bagger mean?

Posted by meisarel > 2024-01-11 16:09 | Report Abuse

@Luisa7

2x 3x 4x etc

Posted by Luisa7 > 2024-01-15 12:17 | Report Abuse

I see. Thanks for the clarification, meisarel

Posted by JackTan1217 > 2024-01-15 22:52 | Report Abuse

CFO kena extend garden leave

Normally under this kind of scenario, very likely is big serious fraud

Posted by 5354_ > 2024-01-15 22:57 | Report Abuse

Why MSM keep going up when CFO on garden leave?

Posted by 5354_ > 2024-01-16 09:50 | Report Abuse

This is your wish but how true? RM 2.85/kg sugar still available widely in my home town.

KylieTan

speaking of staying positive, I am optimistic that MSM will turn profits in FY2024, hehe

5 days ago

Posted by 5354_ > 2024-01-16 09:51 | Report Abuse

CFO on leave so his salary become FOC(or reduce a lot) to save MSM expenses?

Posted by KylieTan > 2024-01-16 11:07 | Report Abuse

@5354_. Give it time, still got 11 months to go

Posted by Unfair > 2024-01-17 04:08 | Report Abuse

Water tariff can increase(read comments in Ranhill, PBA forum) why not sugar? Perhaps PN govn takeover only sugar subsidy govn can increase if sugar price cannot increase?

Posted by meisarel > 2024-01-17 20:27 | Report Abuse

📸 Look at this post on Facebook https://www.facebook.com/share/p/J8yhKNUZRFtfeKHa/?mibextid=WaXdOe

Reality check??

Posted by Kwan33199 > 2024-01-17 23:29 | Report Abuse

Show coming soon

Posted by Luisa7 > 2024-01-18 10:55 | Report Abuse

MSM again urges govt to revise ceiling price of 1kg sugar, from RM2.85 to RM3.85

https://theedgemalaysia.com/node/697615

Posted by meisarel > 2024-01-18 16:08 | Report Abuse

Either gov have to subsidise using tax payer money in order to maintain low sugar price, or float it and let market forces to determine the price.

Letting the whole population enjoy low price at the expense of Felda settlers just doesnt make sense.

Posted by KylieTan > 2024-01-19 12:19 | Report Abuse

Government respond to MSM's request? Because MSM is about to break RM2

Posted by Yin Sheng > 2024-01-19 15:09 | Report Abuse

The current MSM worth the value.
Personally think it will go higher if green light given to the pricing request.

Posted by Sargon15 > 2024-01-20 09:32 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/01/20/sweeter-prospects-for-msm-this-year

Posted by Luisa7 > 2024-01-22 12:10 | Report Abuse

IBs didn't place any TP on MSM recently?

Posted by KylieTan > 2024-01-23 10:28 | Report Abuse

Indeed, it is 'sweeter' prospect for MSM this year 😊

Posted by troy88 > 2024-01-24 09:34 | Report Abuse

Wow, congrats guys. Too bad I TP a bit too early on this one..

Posted by 5354_ > 2024-01-24 09:43 | Report Abuse

Sugar price hike approved like water tariff hike? When is the news?