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Hehehe, clear skies ahead with boiler done. When wilmar buy in the stake of Johor plant they will pay the cost of building the plant example plant was built value of 1 billion a 40 percent stake is 400 million. So nothing to worry.
Lock in of low raw material cost combine with high average selling price. Easy understanding of business brick and mortar business. Those that want to sell can sell out as there will be buyers to take out your position as there are strong hands still in the stock. Hehehe
Good luck to you even if you get at that price you will never make the big money as history will tell you the big money is not made by the people who bought at the cheapest price but buying and holding are the people who will make the most money because these people don't look at market noises, only poor people with limited funds needs to get in fast and get out fast either in a loss situation or peanuts earnings. Hehehe
Nothing to worry about as wilmar will bring in customer when they buy up stake in Johor plant. Just hold nothing to be scared. As long as you buy a good stock from day 1 you are already a winner.
Hehehe, if Fred tam see chart also know is uptrend can't seem to see where is the downtrend. If a stock does higher high and higher low is downtrend then don't know what to say. Good luck though.
Woohoo fly to the moon. Looks like Henry should quit the market as no point to be in the market always losing and got no knowledge of technical and FA.
Still above support. Will test immediate resistance at 1.76 and the resistance of 1.83. Once break resistance of 1.83 then msm will go above rm2. Good luck. Hehehe
As expected close at the highest should break rm2 in near term. Once it breaks through a certain price point then the resistance will get smaller and smaller.
do u think the disposal ppl look at wolmar connection and synergy, knowhow btw these company and not the transaction. As MSM fine sugar are world top quality, by invite wilmar (old MSM management team to fine tune the operation processes and also eliminate those unneccessary process.) Ultimately it will defitenitely push the capacity to optimum level for johor plant 80%. Hopefully it will accerelate the deal by end of the year.
Because if wilmar buys up stake in msm Johor, the production will surely be taken up and with wilmar connection msm will surely be on its way up to its high. At current valuation I just keep it as I don't care on the market noises. If you buy a good company from day one you are already a winner. You can never buy at the lowest nor sell at the highest.
Msm has been building a base at current price before the big push happens. Should position nicely for the push awaiting quarter results. Good luck guys.
A new base is being built at current levels which will breakout to higher highs. With current market sentiment, msm still standing strong which will reflect in the earnings coming up. Hehehe
