Latest news with #MSM
Glasgow Times
2 days ago
- Lifestyle
- Glasgow Times
Retirement flat in new Glasgow development selling for £75k
The flat, which is situated between Govanhill and Strathbungo, an area recently named one of the best places to live in the whole of the UK, is only available for those aged 55 and over. Thanks to its Southside location, the home benefits from a number of public transport links as well as amenities like shops, cafes and bars on the ever-popular Pollokshaws Road. Retirement property in the heart of a brand new Glasgow development selling for £75k Living Room (Image: Zoopla) Introducing the retirement property in Glasgow, the estate agents over at MSM said on Zoopla that it is within walking distance of a number of local amenities, including shops, cafes and bars. Kitchen and Dining Room (Image: Zoopla) There are also medical facilities, green spaces, a library and a gym, allowing residents to keep themselves busy on a day-to-day basis. The agents added that the area is home to "excellent" transport links, including regular bus and rail services as well as access to the M74 motorway. Kitchen (Image: Zoopla) Within the development, there is also a communal lounge and an outdoor space designed to be "great places to socialise and get to know your neighbours". Each domicile is "step-free," meaning they can each be accessed via a lift. Bedroom (Image: Zoopla) Inside, the home benefits from "excellent storage" and plenty of natural light, thanks to the large windows featured throughout. Recommended Reading: It is also complemented by a balcony, providing an outdoor space overlooking much of the city. The home is completed by a double bedroom, wheelchair storage, a modern kitchen with all fittings and appliances, as well as a wet floor shower room. The agents noted that this property is for sale through the Scottish Government's New Supply Shared Equity (NSSE) scheme, with buyers purchasing an equity stake in the property of between 60% and 80%, depending on eligibility criteria.
Yahoo
4 days ago
- Business
- Yahoo
JPMorgan Upgrades MSC Industrial (MSC) to Overweight, Lifts PT
On May 27, JPMorgan analyst Patrick Baumann upgraded MSC Industrial Direct Co., Inc. (NYSE:MSM) to Overweight from Neutral and also raised the price target from $73 to $89. The upgraded outlook reflects tariff driven U.S. distributor price advantage in the industry. A machine shop filled with high-precision tools and components representing the quality of the company's metalworking products. MSC Industrial Direct Co., Inc. (NYSE:MSM) is a leading distributor of metalworking and maintenance, repair, and operations (MRO) products. It offers a wide range of tools, fasteners, safety supplies, and raw materials through its e-commerce platform, warehouses, and inventory management solutions. Patrick Baumann noted the company appears to be a 'turnaround story', where growth has been a challenge. This is also reflected by the company's average 2.48% sales growth over the past 5 years. However, the analyst sees the overall industry and MSC Industrial Direct Co., Inc. (NYSE:MSM) benefitting from tariff-driven prices and stability in short-cycle industrial end markets. These factors, combined with MSC's progress in solution-based sales, such as vending and inventory management, and productivity initiatives, underpin the positive outlook. While we acknowledge the potential of MSM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MSM and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None.
New Straits Times
22-05-2025
- Business
- New Straits Times
MSM posts 91pct drop in Q1, flags industry headwinds
KUALA LUMPUR: MSM Malaysia Holdings Bhd's net profit dropped 91 per cent to RM3.73 million in the first quarter ended March 31, 2025 (1QFY25) from RM41.71 million a year earlier. The sharp decline was due to lower margins and reduced capacity utilisation, despite a decrease in production costs. Revenue for the quarter also fell 17.3 per cent to RM749.68 million from RM906.6 million previously due to lower sales volume and average selling prices. MSM reported a lower capacity utilisation factor of 47 per cent in the period, compared to 52 per cent last year due to plant shutdown in both refineries but it was mitigated by consistency in efficiency yield. MSM group chief executive officer Syed Feizal Syed Mohammad said the sugar industry is expected to face continued headwinds in 2025, driven by persistently high input costs and volatility in raw sugar prices amid fluctuating global production. He noted that the dumping practices of imported sugar into the country without control have also impacted sales volume and prices. However, he said the matter has been raised by the joint local sugar industry with the government authorities for needed anti-dumping actions. "The joint local sugar industry expects the matter to be resolved in ensuring price stability and food security sustainability. "Meanwhile at the global front, we remain vigilant of escalating geopolitical tensions and the ongoing trade war, both of which pose risks to global supply chains, trade flows and currency stability," Syed Feizal said. He pointed out that the company aims to expand market presence, particularly in China and the Asean region, including Vietnam, Indonesia, Singapore and the Philippines. "Our goal is to increase total export volumes to 360,000 tonnes in 2025, with an emphasis on value added products like liquid sugar and premixes from MSM Johor.
New Straits Times
22-05-2025
- Business
- New Straits Times
MSM shares hit limit down, short selling suspended
KUALA LUMPUR: MSM Malaysia Holdings Bhd saw its share price plunge to an intraday low of RM1.17 on Thursday, marking a 15.8 per cent drop from its reference price of RM1.39. The sharp decline triggered an intraday short selling (IDSS) suspension by Bursa Malaysia for the remainder of the trading day. Trading under IDSS will resume at 8.30am on Friday. As at 4.35pm, the counter had recovered slightly to RM1.19, still down 14.4 per cent, with 9.55 million shares traded. The steep drop coincided with MSM's release of its first-quarter financial results. For the quarter ended March 31, 2025, the group posted a 91 per cent year-on-year decline in net profit to RM3.73 million, compared with RM41.71 million in the same period last year. Revenue dropped 17.3 per cent to RM749.68 million from RM906.61 million previously. MSM attributed the weaker performance to lower profit margins and reduced capacity utilisation, despite lower production costs.
New York Post
17-05-2025
- Business
- New York Post
Wall Street saw right through media's coverup of Biden's decline
I don't like spending much time on media criticism, and yet the recent spate of 'Joe Biden in Decline' exposés deserves some opprobrium because up here on Wall Street, not in Washington, people saw Biden's increasing decrepitude long before the alleged geniuses in the mainstream media got around to reporting on a scandal bigger than Watergate. Recall, Richard Nixon was forced out of office in the 1970s for covering up a third-rate burglary. The people around Biden covered up the infirmity of the man whom we needed sentient to run the country and protect the free world. He so obviously wasn't. Then-President Biden walking off the stage after debating President Trump in Atlanta on June 27, 2024. Photo byThe MSM didn't see it or refused to tell the American people the full story in real time for reasons we can all debate. But Wall Street did tell the story long before these after-the-fact accounts. Don't believe me? Here's an excerpt from my column from June 2023, a full 13 months before Biden realized he needed to drop out of the 2024 presidential race: 'If [Biden] wants the nomination, it's his. Unless one day, maybe someday soon or just minutes before he's officially the nominee . . . he loses his ability to speak and reason even more. Perhaps Dr. Jill Biden confers with real doctors and somehow convinces her stubborn hubby he needs to go into retirement. That latter scenario sounds crazy, I know. It's also clearly plausible, and increasingly so, my Wall Street sources who get paid a lot to gauge such Black Swans tell me.' Wall Street still is the place where people make a lot of money. The mainstream media is dying as a business. Here's another reason why.
