MSM in the sweet spot?
Lower raw sugar price
Lower logistic costs
Stronger RM
(excluding the impact of derivatives)
#MSM
Lower raw sugar price
Lower logistic costs
Stronger RM
(excluding the impact of derivatives)
#MSM
Impact of NY11 price fluctuationson MSM’s profitability
1 pound = 0.45359237kg
Assume 1USD = RM4.4
1 US cent/pound fluctuation
= RM0.044/ 0.45359237
= RM0.097/kg
Assume 1.12 to 1.14 kg of raw sugar is required to produce 1kg of refined sugar
Impact of 1 US cent/pound fluctuationin NY11 in producing 1kg
= RM0.097/kg x 1.13
= RM0.1096/kg
For the wholesale segment, assume the annual volume of 288,000MT
Impact of 1 US cent/ pound fluctuation in NY11 on production of 288,000MT refined sugar
= RM0.1096 x 288,000 x 1,000
=RM31.565m
#MSM
1 pound = 0.45359237kg
Assume 1USD = RM4.4
1 US cent/pound fluctuation
= RM0.044/ 0.45359237
= RM0.097/kg
Assume 1.12 to 1.14 kg of raw sugar is required to produce 1kg of refined sugar
Impact of 1 US cent/pound fluctuationin NY11 in producing 1kg
= RM0.097/kg x 1.13
= RM0.1096/kg
For the wholesale segment, assume the annual volume of 288,000MT
Impact of 1 US cent/ pound fluctuation in NY11 on production of 288,000MT refined sugar
= RM0.1096 x 288,000 x 1,000
=RM31.565m
#MSM
Suddenly, CJCEN released its presentation deck through a company announcement and provided guidance for 2025.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=157512&name=EA_GA_ATTACHMENTS
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=157512&name=EA_GA_ATTACHMENTS
MRDIY annual report 2024
KKV’s performance has been highly encouraging: all 10 newly-launched outlets are expected to reach payback within two years and are achieving average monthly revenues significantly higher than typical MR D.I.Y. stores. To build on this success, we plan to open over 30 additional KKV and sub-brands stores in 2025, targeting Gen Z and the M40 segment to meet previously underserved demand.
A significant advantage came from our procurement strategy. More than 65% of our cost of goods sold are sourced from China; we benefited in the tail-end of 2024 from the strengthening of the Ringgit against the Renminbi and United States Dollar. This, combined with our five-month inventory lag, is expected to enhance our gross margins in FY2025, allowing us to maintain competitive pricing while preserving profitability.
KKV’s performance has been highly encouraging: all 10 newly-launched outlets are expected to reach payback within two years and are achieving average monthly revenues significantly higher than typical MR D.I.Y. stores. To build on this success, we plan to open over 30 additional KKV and sub-brands stores in 2025, targeting Gen Z and the M40 segment to meet previously underserved demand.
A significant advantage came from our procurement strategy. More than 65% of our cost of goods sold are sourced from China; we benefited in the tail-end of 2024 from the strengthening of the Ringgit against the Renminbi and United States Dollar. This, combined with our five-month inventory lag, is expected to enhance our gross margins in FY2025, allowing us to maintain competitive pricing while preserving profitability.
World's Best Hospitals 2025 - Malaysia
https://rankings.newsweek.com/worlds-best-hospitals-2025-top-250/malaysia
https://rankings.newsweek.com/worlds-best-hospitals-2025-top-250/malaysia
Newsweek
Malaysia
Is the ECOSHOP IPO Really as Expensive as It Appears?
At the IPO price of RM1.13, could ECOSHOP possibly be valued at approximately 20x FY26 (1 June 2025 – 31 May 2026) earnings, or lower?
https://bursastocktalk.blogspot.com/2025/05/is-ecoshop-ipo-really-as-expensive-as.html
At the IPO price of RM1.13, could ECOSHOP possibly be valued at approximately 20x FY26 (1 June 2025 – 31 May 2026) earnings, or lower?
https://bursastocktalk.blogspot.com/2025/05/is-ecoshop-ipo-really-as-expensive-as.html
Blogspot
Is the ECOSHOP IPO Really as Expensive as It Appears?
The retail Bumiputera portion of the ECOSHOP IPO was under-subscribed. The IPO price has been revised downward 6.6% from RM1.21/share to RM1...
Nga - the minister - had told Malaysia’s parliament in July of last year that the ministry planned to modernise the country’s solid waste management by setting up 18 Waste-To-Energy plants by 2040. He did not give a projected cost.
The sites are:
Kedah: Jabi and Padang Cina
Johor: Bukit Payung, Seelong, and Sedili
Pahang: Jabor-Jerangau and Belenggu
Melaka: Sungai Udang
Selangor: Batu Arang, Jeram, Tanjung Dua Belas and Rawang Dua
Penang: Pulau Burung
Perak: Lahat, Taiping, and Manjung
Terengganu: Tertak Batu
Kelantan: Jedok
https://www.channelnewsasia.com/asia/malaysia-faces-questions-over-waste-energy-incinerators-5124421?cid=internal_sharetool_androidtablet_28052025_cna
The sites are:
Kedah: Jabi and Padang Cina
Johor: Bukit Payung, Seelong, and Sedili
Pahang: Jabor-Jerangau and Belenggu
Melaka: Sungai Udang
Selangor: Batu Arang, Jeram, Tanjung Dua Belas and Rawang Dua
Penang: Pulau Burung
Perak: Lahat, Taiping, and Manjung
Terengganu: Tertak Batu
Kelantan: Jedok
https://www.channelnewsasia.com/asia/malaysia-faces-questions-over-waste-energy-incinerators-5124421?cid=internal_sharetool_androidtablet_28052025_cna
CNA
IN FOCUS: Burn or bury? Malaysia eyes new incinerators to tackle mounting waste woes but faces residents’ ire
While environmental groups and residents have expressed concerns over the risks of the waste-to-energy incinerators, some experts say they are necessary to manage Malaysia’s escalating waste problem.
#CUCKOO
What it actually means is that the shares made available for application by Eligible Persons were UNDERSUBSCRIBED.
The authorities should ensure that companies do not manipulate language in a way that misleads or confuses the public.
What it actually means is that the shares made available for application by Eligible Persons were UNDERSUBSCRIBED.
The authorities should ensure that companies do not manipulate language in a way that misleads or confuses the public.