<div class=newsTextDataWrapInner><p><strong>MSM MALAYSIA HOLDINGS BHD (-ve)</strong><br />
MSM (Fundamental: 2.8/3, Valuation: 1.4/3) was picked by our momentum algorithm for the fourth time this year as volume traded jumped to a one-year high of 2.04 million shares. The stock closed unchanged at RM5.22 yesterday.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Last Friday, MSM announced a final dividend of 14 sen per share (ex-entitlement on June 16), bringing total dividends for 2014 to 24 sen or a net yield of 4.6%. It has a minimum 50% dividend payout policy.</p></div>

<div class=newsTextDataWrapInner><p>For 2014, sales rose 3.6% to RM2.3 billion while net profit increased 0.9% to RM257.0 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>MSM is Malaysia’s largest refined sugar supplier with 64% share of the domestic market. The company produced a record 986,115 tonnes of refined sugar products last year, up 5.1% from 2013.</p></div>

<div class=newsTextDataWrapInner><p>It has a solid balance sheet with net cash of RM221.6 million. ROE ranged from 11.8-14.1% between 2012 and 2014.</p></div>

<div class=newsTextDataWrapInner><p>The stock is trading at a trailing 12-month P/E of 14.2 times and 1.88 times book.</p></div>

<div class=newsTextDataWrapInner><p><img alt="msm-malaysia_fd_130515_theedgemarkets" src="http://edgemarkets.s3-ap-southeast-1.amazonaws.com/pictures/msm-malaysia_fd_130515_theedgemarkets.png" style="height:762px; width:550px" /></p></div>

<div class=newsTextDataWrapInner><p>This article first appeared in <em>The Edge Financial Daily</em>, on May 13, 2015.</p></div>


MSM MALAYSIA HOLDINGS BHD (-ve)
MSM (Fundamental: 2.8/3, Valuation: 1.4/3) was picked by our momentum algorithm for the fourth time this year as volume traded jumped to a one-year high of 2.04 million shares. The stock closed unchanged at RM5.22 yesterday. 

...

Stock With Momentum: MSM Malaysia Holdings

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<p>Prime Minister Datuk Seri Anwar Ibrahim's maiden official visit to Peru has generated potential exports worth RM1.24 billion (US$0.3 billion), particularly in high potential sectors on the initiative of the Malaysia External Trade Development Corporation (Matrade).</p>


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<p>China’s President Xi Jinping wants a “powerful currency” that is stable enough to play a rising role in global trade. Donald Trump’s return looks set to challenge that ambition.</p>
