$EMCC (0286.MY)$ is scheduled to release its 4QFY23 results after the market closes today. The earnings are expected to meet or exceed RM5.4 million to fulfill the profit guarantee of RM15.6 million for the entire financial year 2023, as stipulated by their USD loan financier. With the new fresh cash capital from their recent IPO, EMCC is well-positioned to comfortably achieve this target. Additionally, the company's share price performance has been closely cor...
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$MSM (5202.MY)$
MSM has recorded the eighth consecutive loss-making quarters. Despite the weak earnings, share price has risen from RM0.75 in Mar 2023 to RM1.38 on 24th Nov 2032, a 84% rise.
Why is that so? It is due to the speculation of the market that the gov will soon subsidies sugar in Msia as the input cost (raw sugar) has risen to an unsustainable level.
During an analyst briefing with the management during the lastest qr (3Q23), the management...
MSM has recorded the eighth consecutive loss-making quarters. Despite the weak earnings, share price has risen from RM0.75 in Mar 2023 to RM1.38 on 24th Nov 2032, a 84% rise.
Why is that so? It is due to the speculation of the market that the gov will soon subsidies sugar in Msia as the input cost (raw sugar) has risen to an unsustainable level.
During an analyst briefing with the management during the lastest qr (3Q23), the management...
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