ok noted

Mahsing background Top 5 property & Plastic plus soon glove manufacture.

coming soon 2021 bajet and BNM OPR decision..

If bajet govn support housing segment with lower down the tax will benefit mahsing.

if BNM OPR reduce will help those young person to buy a house with current lower interest rate.

last, depend govn going to announce windfalltax or not if don't have all the glove counter (new or old ) will shoot to the sky.


Won't surprise mahsing coming 3 years will put more focus on their healthcare & plastic segments as they want grow their heath care segment.

for those looking for term yes current price good to hold and keep.

because we don't know the covid-19 will last for how long, but seriously covid 19 give us big impact and totally change human life behavior.. with recent other country bajet majority the fund are more on the healthcare segment.

when is there next QR going to release ?

Look at current malaysia market.... if without politic issues i think our bursa will go above 1600..
why ?
1. Glove 65 % to global.
2. palm oil world number 3
3. Furniture segment demand increase
4. E&E sector increase.
5. Farm sector
6. Manufacturing sector
7. Chemical and Oil and Gas

if our govn put more focus all above segment and boost up them.. our economic will fly and jobless rate will reduce...

different people different view, when company move to hot segment surely a lot bad comment.
said by the time no high ASP, no demand, vaccine out, certificate no ready lah this and that...

the share drop no apply on Mahsing is entire bursa this due to politic uncertainty.
Top 4 and tier 2 glove also drop, local investor got limited fund to push the share, foreign investor no willing to invest in malaysia due to our politic issues now all wait after 6 Nov 2020.

no only mahsing drop.... want blame just blame govn only brainless....now local investor also cash out from market... all waiting 6 nov 2020 to set useless pm out..

yup all heavy sell due to govn uncertain and there is new govn want declare emergency power...
all this politic game

my source told me the same next week got show going to happen!!

As i said, mahsing style is done complete only announce.. stay tune!!

according my source:

Actually with mahsing financial they can just acquire glove company to move into glove segment.
but what mahsing boss view, if they want do they want do it their own instead buy a glove company.

reason:
1. most of the glove machine are old not automatic still highly depend on the worker.
2. hidden cost on the machine repair and previous reputation.
3. owner selling their factory price will future asp price without different source income if demand slow down.
4. cost control and quality control.

nobody can foresee future demand as for current ordered and demand will last until early 2022.
mahsing move into glove segment with planning phase by phase.. if really demand slow down, they only maintain 12 production compare with you acquire a company you need maintain entire factory, cost, old production line and headcount.


Let see after 6 months... finger cross haha

To those keep said bad thing on Mahsing they can move to another counter....
those positive view on the mahsing, actually most of them buy at lower price...

myself buy in 0.65 and sell off 0.75...lucky my source quickly call me and informed me.
management to enter back at 0.735... my source told me keep it until next year April 2021 only decide... because information from my source mahsing act very fast and now their team concurrent process include applied certificate and appoint agency for export permit to euro and US market.

Raw material and machine already confirmed and ready, about the worker they will leverage on they plastic company plus new hiring... the design for the glove factory is completed before raise sukuk and factory will be more on automation and work force will be reduce.

all concern mentioned by negative view person, they already factor in and they gather all the information during May 2020 and do brainstorming before move in glove segment.

Don't forget, they are doing property segment, timeline and raw material they need to plan in advance before start a project. they do have plastic segment which they can leverage their existing supplier to get raw material.. with 40 years business and relationship you think is difficult for mahsing??


Good luck!!

Haha....wonder today KYY how ah?? got get slap by mahsing latest news or not haha

gardenia123 ignore them ba... they worries mahsing able to make it...

mahsing style is work first only announce.
different to other company which is announce first only start planning.

don't under estimate mahsing capability!!

according my source.... mahsing planning this before raise the sukuk 100mil.....
machine and raw material already secure via mh plastic company!... they make official announcement when sign tenancy agreement with minho....withness by govn person....

the intent order is no sohai one lah... confirm mahsing show something to them then only written intent order to mahsing...

Again no buy call for this.. but if you trust mahsing capability buy and hold and wait another 6 months!!

all the drop because our best govn announce stupid things...
no different....

what a joke, manufacture work from home... our minster got education or not

today all drop because our best govn
https://www.chinapress.com.my/20201021/%e2%97%a4%e9%9b%aa%e9%9a%86%e5%b8%83%e6%b2%99%e7%ba%b3%e9%97%bd%e5%b1%85%e5%ae%b6%e4%bd%9c%e4%b8%9a%e2%97%a2-%e5%88%b6%e9%80%a0%e4%b8%9a-%e6%9c%8d%e5%8a%a1%e4%b8%9a-%e5%bb%ba%e7%ad%91%e4%b8%9a-77-6/

@ICONS23, Mahsing got a lot of land. the reason why they rent the from minho kilning..
because they want ready factory not new built factory.. new built factory need 2 years....

Just shared someone at there said the same thing from what i get information from my source...

https://www.klsescreener.com/v2/comment/2239881

noted: No buy call

LOL this KYY no only said mahsing and information said about mahsing is misleading people.
mahsing no going to build factory, they will renovate existing factory to glove manufacture.

now he also go comment greatec:

https://klse.i3investor.com/blogs/koonyewyinblog/2020-10-20-story-h1534737824-Greatec_do_not_buy_it_Koon_Yew_Yin.jsp

zz

about kyy... i think he no read gua.. to him he always use his view to comment.
soon on later he will right previous from IJM lah this lah.... comment one lah...


when he hold topglove or supermx.... when big drop he also write in share no always count up...
and demand won't end so fast this and that...

To him, he always right one... once his buy in liao keep said other company this and that...

ignored those bad comment... two count up 30% today just drop 5%...

Yeah, that why i said compare between mahsing with yesterday new company announce venture into the glove segment... which provide more confident level ?

sometimes feel funny.. TOP 4 already announcement the demand will no end coming this 3 years.
that all ask to hold top 4 glove to push higher and higher.

glove segment no worries on the vaccine. but top 4 more worry more capable company venture into the glove segment.

why? because they share price currently at high price to maintain it their order need to cont improve unless they take this high profit earn diversify to another sector to maintain profit earning
when covid 19 is over.

for new venture into the glove segment, their existing already have core business. per covid they are in good position. unlucky this covid slow down their core business and impact their earn profit.
to diversify to new segment or glove segment, company fundamental must strong and with strong cash flow.

therefore, with mahsing venture into the glove segment is good to the shareholder.
this because nobody know when will end and post covid the demand at health care will increase but no peak as during covid.

Wahh... KYY cover mahsing and ask retail don't buy for it...
will him eat roti canai again after 6months?

i recall first he call buyer to buy topglove now he ask ppl buy supermx...

nvr see him issues sell call for those share he ask buyer to buy....

just now i said de who want take profit run lor.
who havent enter prepare enter!!

anyone just now buy in 1.16 ?

yaya.. those who want take profit fast run...
those havent enter... get ready to load in... haha

HLB analysis.... this is how different Mah Sing venture into the glove segment and market buy already confident on it sumore mah sing already receive letter of intent form various buyers.

Proposed expansion. To recap, Mah Sing has proposed 2 phases in its initial venture, with each phase comprising of 12 new gloves production lines yielding 38k pieces of gloves per production line per hour (or a total of 3.68bn pieces p.a.). The installations will be carried out at c.2 lines per month from Apr 2021 to Sep 2021 (Phase 1) and Oct 2021 to Mar 2022 (Phase 2). The CAPEX for Phase 1 is estimated to be no more than RM150m, whereby our pro-forma net gearing is implied to increase to 0.28x from 0.24x as of 2QFY20 (assuming perpetual securities are treated as debt). In the long run, the Group intends to gradually expand up to 100 glove production lines.

""Note that management as already received letters of intent from various buyers for nitrile gloves of up to 9.41bn pieces, which should more than sufficiently cater to its planned production lines.""


about worker no need so worry lah...

Mah Sing is who ? property top 5 player.... they sure a lot contractor with worker..
property segment slow down... those worker can convert to glove segment got work plus win win situation..

Now market situation is changing, if not act fast or adopt new work environment how to survival...
at least, mahsing move to glove and those worker can join plus still got income..

of course top 4 glove investor worry because now got new player move in glove segment.
if other company move in maybe they don't look so serious on it...

now is mahsing, big company with strong cash flow.
look at they top 30 shareholder,

so time will proven mahsing value and their aim vision

Ya... everyone tot mahsing need built the factory... but actually the factory already ready...
for 2 years is need if need to built new factory....

now mahsing is save 1 years plus time because factory is ready.
MITI also issues temp licenses for mahsing to start operate in the glove segment.

6 months time frame to renovation, machine ready plus testing,apply certificate...is achieved.

don't forget for apply manufacture cert is not new things for mahsing as they are operate 40 years in plastic industry !!

@Morpheus61, this is what i know from my source not sure is true or not... even www.klsescreener.com... someone also mentioned on it.... my source just ask me wait and be patient.... the company have full planned and prepare before move in glove industry... they aim not only glove, that why they name it mahsing heath care...

no buy call or sell call....

my source told me and keep mentioned to me the 12 new production lines is part of there expansion program!!

so i believe soon on later will be breaking news!!...someone keep collecting !!

i not sure is true or not... my source told me that mahsing coming soon got great news!!
venture into the glove this just a beginning and new 12 production lines just part of their expansion program..mahsing team work very aggressive and act very fast...

Ya i also don't want tomorrow limit up... i rather i slowly up 10cent or 20 cents better.... otherwise suspend on wednesday for one day...

To who keep said mahsing scammer, fake new or just for goreng...

you can read the announcement between MahSing and Luster how different this two company deliver the message venture into glove business.


MahSing make announcement when all the things on table such as:

1. land & factory done
2. in progress supplier for machine...etc
3. fund prepare in advance for diversify into the glove business
4. Company vision.
5. Time frame & pre book ordered

Luster:
1. Joint venture with another company.
2. still identity and negotiation with landlord and factory.
3. Fund via private placement
4. everything still at initial stage but still provide timeline.
5. further announcement to make on the landlord.


which can provide better confident level? you decide yourself.

To those not trust Mahsing... you may go luster counter...haha...
or @calvintaneng can go there inform them..don't stay here...haha

Huat Ah!!! Heng Ah!!!! Ong Ah!!!!!

LOL... about the fund issue Mahsing already mentioned at the latest announcement the recent sukuk 100mil will be use for glove segment and balance will be using internal funding.. where they have 1B ++l cash in hand.

Money issues settled
Land and Factory settled

machine on progress
Certificate on progress
renovation on progress
Raw material on progress

Production date 1 April 2021.

Note:
1. Mahsing is top 5 property industry in malaysia. they won't simple use their hard gain reputation just to goreng his share price.

2. Mahsing started from plastic industry, they have exp in manufacture sector and of course they have contact or relationship to source glove material... ( what you think you think they not think of it ?)

3. Mahsing is a big company, with their current market place diversify to another segment. should be not a issues.

4. Mahsing start from new reason they well know the cost for the start up the glove factory will be more reasonable compare to acquire glove company and everything under their control without hidden cost or issues.

5. Mahsing treat this venture to glove as for long run business and their aim to become top 5.
different from other company who venture to glove business.

6.lastly, at least mahsing have capability to move to glove segment and also they are well know they capability prior move to glove segment.. from plastic to property already proven case.
now just give them sometime to proven us their current decision making...
Good luck

nvmlah..to those no confident wait next year april 2021 only buy..
to those look for long term current price worth for to buy it.....Go big or Go Home!!!

look at other glove counter!! the share price keep increase... because wave 3 in euro already start... demand on the glove will keep increasing and vaccine not ready yet....

Good luck!!

Agreed with gardenia123, Mahsing venture to glove and for them go to market plan will be good position, because everyone will know them and trust their deliver time frame...
nvm those who want sell just sell ba... those who trust and believe management and grow with them.. just hold until next year april 2021 only decide next action... but no sure you can get current price or not..

please refer to last announcement

Further to our announcement on 15 October 2020, on behalf of Mah Sing, HLIB wishes to provide additional information in connection to the Proposed Diversification. The capital expenditure for the first phase of the Gloves Business is estimated to be no more than RM150.0 million.
""This capital expenditure includes, amongst others, the purchase of the 12 new gloves production lines and other plant and machinery such as boilers, chillers, compressors and waste water treatment plant as well as the refurbishment work of the warehouse located on Lot 6478, Jalan Kapar Batu 6, Kawasan Perindustrian Ladang Sungai Puloh, 42100 Klang, Selangor."

Factory already ready they just need refurbishment, this for mahsing sap sap sui !!
they can allocate they resource to touch up the factory...

Raw material: they can leverage they plastic contractor and connection to get supply..

Machine or Raw Material:

As at 28 September 2020, being the latestpracticable date prior to the date of this announcement (“LPD”),the Group has engaged with several suppliers / distributors and is in the midst of identifying other suppliers / distributorsfor the supply of raw materials required for the production of gloves and to market and sell gloves.Theraw materials are expected to be sourced locallyand/or overseas.

so their estimate Q2 2021 start production is able to achieve.
they act very fast and serious venture into Glove segment. compare to other player they just planning, need built factory, source raw material....

@NoNonsenseHere, Yes, Supermax earning will break new record!! but you are forget one thing global demand is increasing and Supermax production cannot fulfill it, this is why Topglove, kossan, Comfort, Harta, careplus share price shooting high.... deliver time from 30 to 60 now up to 450 days... now mahsing venture into glove segment with their reputation and financial status they are in good position... that why they aims become top5 in malaysia market..

don't forget without glove segment, mahsing have plastic segment and property segment.
now they diversify to glove segment which is good news because nobody can answer when the covid-19 will end and demand of the glove when will slow down like pre covid times...
now they move to glove segment from company perspective it to ensure coming year there will be another segment to contribute earn profit.

Personally i think below 1 worth to collect and hold for it... give them 6 months time will know the progress.

Happy Weekend!!

see how mahsing venture into the glove..

" All systems go: (From left) Malaysian Investment Development Authority chairman Datuk Abdul Majid Ahmad Khan presenting Miti’s interim approval for the manufacturing licence for surgical, examination and other gloves to Mah Sing’s founder and group MD Tan Sri Leong Hoy Kum and Mah Sing’s group strategy and operations director Lionel Leong yesterday. "

https://www.thestar.com.my/business/business-news/2020/10/16/hot-for-gloves

more below RM1.

Yaya...everyone call sell now !! run run run!!...
then those call sell can collect cheap!!

if you trust.... buy and hold until april 2021 can enjoy the company grow !!
at least mahsing got capital and willing to divert they business to another segment...
Plastic segment already proof them, they are right!!

Mahsing rent a factory from minho... save a year plus to built up and obtain ccc... now mahsing just need to modify and reno the factory to become glove factory... which mahsing exp on property segment.. they can just use half to complete it.. as per statement septem 2020 they already to make discussion with supplier on the material and machine. so they estimation on april start production could be achieve and they also obtain temp license from MITI.

LOL speakup.... can you go read their statement again... April 2021 already start production!!
and current booking order 9.14 b piece!! so your statement is wrong

if other player venture to glove you can said that... but now is mahsing, beside property business, they also have plastic segment where doing well.... so now they venture to glove surely mahsing will commit they part..

yes... as per statement their already have order about 9.41billions pieces.
current price very attractive, their plastic segment growing and next year april start production....
can buy now and hold for long term...