https://www.theedgemarkets.com/article/mah-sing-secures-glove-orders-september-priced-us115-1000-pieces


3.68B pieces at a conservative profit of USD40 per 1000 equal to USD147 million.....which is equal to MR603 million.....which is 24 sen per share.

Thanks SSP....

....I own 500k shares....average price 0.692....


....paper profit 124k.....

...Cheers.....

Posted by stkoay > Apr 22, 2021 12:24 PM | Report Abuse X

Go get some nasi lemak and teh tarik money from MAHSING.


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When I called buy, sellers was 92 sen....

.....in the second session, the high was 95.5....closed at buyer's price 94 sen...

.....more than enough for nasi lemak and teh tarik......

....abalone also can......haha.

https://www.theedgemarkets.com/article/mah-sing-start-making-rubber-gl...

"On the whole, we expect the glove manufacturing business to generate more recurring and steady income for Mah Sing, complementing the same existing property and plastics businesses, and contributing positively to the group's financials going forward," he told the media.

The property developer anticipates the first shipment of gloves to be delivered in May and June.

Mah Sing expects an addition of four production lines to be operational in the second quarter this year (2Q21), followed by six more production lines in the 3Q21.

These 12 double former lines have a maximum annual capacity of up to 3.68 billion pieces of gloves.

"Being a new glove producer, we are not committed to any long-term contracts with lower pricing. As such, compared to existing players, we have more flexibility to lock in spot orders at higher spot prices," Ho said.

https://www.theedgemarkets.com/article/mah-sing-start-making-rubber-gloves-next-month

"On the whole, we expect the glove manufacturing business to generate more recurring and steady income for Mah Sing, complementing the same existing property and plastics businesses, and contributing positively to the group's financials going forward," he told the media.

The property developer anticipates the first shipment of gloves to be delivered in May and June.

Mah Sing expects an addition of four production lines to be operational in the second quarter this year (2Q21), followed by six more production lines in the 3Q21.

These 12 double former lines have a maximum annual capacity of up to 3.68 billion pieces of gloves.

"Being a new glove producer, we are not committed to any long-term contracts with lower pricing. As such, compared to existing players, we have more flexibility to lock in spot orders at higher spot prices," Ho said.

https://klse.i3investor.com/blogs/AmInvestResearch/2021-04-19-story-h1563394811-Stocks_on_Radar_Mah_Sing_Group_8583.jsp

Mah Sing Group surged and tested the RM0.92 resistance level with a higher trading volume. With its 21-day moving average indicator in an uptrend, we see a possibility for a technical breakout. If this happens, we expect it to move towards the short-term target prices of RM0.95 and RM0.98.

Go get some nasi lemak and teh tarik money from MAHSING.

Cheers....sharewiz118

Dow rises 150 points as economic recovery plays rebound


U.S. stocks rose on Wednesday led by a rebound in cyclical names as equities tried to recover from two straight days of losses.

Shares of Norwegian Cruise Line Holdings led a pop in reopening plays after Goldman Sachs upgraded the stock. Norwegian jumped more than 5%, while Carnival and Royal Caribbean rose about 2% each.

Haha.....:p

Agree with aliyusof....to be able to sleep soundly with large investment....must buy this kind of stock...

I switched my ASM to this stock, currently holding 295k shares, bought from 8.24 to 8.48 average 8.33....my largest holding in value term....second is Genting.

Agree with Tedinvestor.....if you think this is a good stock, buy and keep....if you think otherwise, sell and go buy other which you think is better.

https://www.malaymail.com/news/world/2021/04/19/masks-come-off-as-israel-vaunts-virus-victory/1967617

Yes choysun, recovery is confirmed, any short term correction does not affect long term investor like us...Cheers.....

"The total of 40 health workers infected with Covid-19 compared to 438,000 individuals who have completed two doses of the vaccine is a very small percentage.

"This is because 99.9% of the individuals who have completed the two doses of the vaccine are not infected even though they are frontline workers who deal with Covid-19 patients on a daily basis," he said in a statement on Sunday (April 18).

https://www.thestar.com.my/news/nation/2021/04/18/covid-19-number-of-infected-health-workers-10-times-lower-after-vaccination-says-mosti

https://www.thestar.com.my/news/nation/2021/04/18/covid-19-number-of-infected-health-workers-10-times-lower-after-vaccination-says-mosti

"The total of 40 health workers infected with Covid-19 compared to 438,000 individuals who have completed two doses of the vaccine is a very small percentage.

"This is because 99.9% of the individuals who have completed the two doses of the vaccine are not infected even though they are frontline workers who deal with Covid-19 patients on a daily basis," he said in a statement on Sunday (April 18).

https://www.freemalaysiatoday.com/category/nation/2021/04/18/admit-failure-and-change-approach-to-curb-covid-19-think-tank-tells-govt/

“With a survival rate of 99.63%, Malaysia is scoring well. But now we need to focus on a protection strategy for those who fall into the 0.37% mortality rate.

Ferlito warned that delay in returning to normality, including travelling, will have a major impact, especially on the poorer segments of the population, adding that lockdowns are regressive.

Hidden Gem has been discovered.....MAHSING.

Don't miss the boat.

After 2nd April, ASB has not sold anything till 13th April, when it sold small amount 414,600 shares.

https://klse.i3investor.com/insider/substantialShareholder/1155/06-Apr-2021/513139_792029483.jsp

https://klse.i3investor.com/insider/substantialShareholder/1155/15-Apr-2021/513805_3125262883.jsp

This is for long term hold and not for short term trading.

Dividend yield better than FD, ASM and ASB.

Very boring but safe....can sleep peacefully at night.

IBs covering the stock....all have BUY call with TP ranging from 1.02 to 1.28.....

.....when it gets bullish, probably it will hit above IB TP.

Nice....ATK is back.

@choysun....cheers...

https://www.theedgemarkets.com/article/maybank-says-fiveyear-strategy-...

TA Securities Holdings Bhd analyst Wong Li Hsia said TA foresees robust earnings growth potential for Maybank, thanks to its established regional presence, which will allow the bank to tap into rising ASEAN trade and cross-border opportunities.

"[There is] no change to our earnings estimates (for Maybank). We maintain Maybank’s TP at RM10.80. Our valuation is based on an implied P/BV (price-to-book value) of about 1.38 times based on the Gordon Growth Model. With that, we reiterate our 'buy' recommendation on the stock,” she said.

https://klse.i3investor.com/servlets/ptres/59261.jsp

MAYBANK is our Top Pick for the banking sector for its most favourable risk-to- reward with the highest dividend yield in the industry paired by solid ROE prospects. Its market leading position in loans and deposits should prove beneficial in an economic recovery phase while its CASA-to-deposit ratio of c.40% would ease access to funds.

Maintain OUTPERFORM with a higher TP of RM10.60 (from RM8.75).

ANOTHER VERY GOOD RECOVERY STOCK.....

https://www.malaymail.com/news/money/2021/04/12/research-firms-remain-...

By end-2025, the group aims to achieve a return on equity of between 13 per cent and 15 per cent, cost-income (CI) ratio of not more than 45 per cent, earnings per share of over 100 sen and dividend payout ratio of up to 60 per cent.

AmInvestment Bank has maintained its “Buy” call on Maybank with a revised fair value of RM10.10 per share from RM9.80 previously. RHB Investment Bank has also kept its “Buy” call on Maybank with a 20.6 per cent upside on the target price at RM10.

@choysun.......hahaha

https://www.theedgemarkets.com/article/maybank-says-fiveyear-strategy-m25-anchored-three-priorities

TA Securities Holdings Bhd analyst Wong Li Hsia said TA foresees robust earnings growth potential for Maybank, thanks to its established regional presence, which will allow the bank to tap into rising ASEAN trade and cross-border opportunities.

"[There is] no change to our earnings estimates (for Maybank). We maintain Maybank’s TP at RM10.80. Our valuation is based on an implied P/BV (price-to-book value) of about 1.38 times based on the Gordon Growth Model. With that, we reiterate our 'buy' recommendation on the stock,” she said.

https://www.theedgemarkets.com/article/maybank-says-fiveyear-strategy-m25-anchored-three-priorities

TA Securities Holdings Bhd analyst Wong Li Hsia said TA foresees robust earnings growth potential for Maybank, thanks to its established regional presence, which will allow the bank to tap into rising ASEAN trade and cross-border opportunities.

"[There is] no change to our earnings estimates (for Maybank). We maintain Maybank’s TP at RM10.80. Our valuation is based on an implied P/BV (price-to-book value) of about 1.38 times based on the Gordon Growth Model. With that, we reiterate our 'buy' recommendation on the stock,” she said.

https://klse.i3investor.com/servlets/ptres/59261.jsp

MAYBANK is our Top Pick for the banking sector for its most favourable risk-to- reward with the highest dividend yield in the industry paired by solid ROE prospects. Its market leading position in loans and deposits should prove beneficial in an economic recovery phase while its CASA-to-deposit ratio of c.40% would ease access to funds.

Maintain OUTPERFORM with a higher TP of RM10.60 (from RM8.75).

https://www.malaymail.com/news/money/2021/04/12/research-firms-remain-upbeat-on-maybank/1965835

By end-2025, the group aims to achieve a return on equity of between 13 per cent and 15 per cent, cost-income (CI) ratio of not more than 45 per cent, earnings per share of over 100 sen and dividend payout ratio of up to 60 per cent.

AmInvestment Bank has maintained its “Buy” call on Maybank with a revised fair value of RM10.10 per share from RM9.80 previously. RHB Investment Bank has also kept its “Buy” call on Maybank with a 20.6 per cent upside on the target price at RM10.

https://www.malaymail.com/news/money/2021/04/12/research-firms-remain-upbeat-on-maybank/1965835

By end-2025, the group aims to achieve a return on equity of between 13 per cent and 15 per cent, cost-income (CI) ratio of not more than 45 per cent, earnings per share of over 100 sen and dividend payout ratio of up to 60 per cent.

AmInvestment Bank has maintained its “Buy” call on Maybank with a revised fair value of RM10.10 per share from RM9.80 previously. RHB Investment Bank has also kept its “Buy” call on Maybank with a 20.6 per cent upside on the target price at RM10.

For comparison......

MAYBANK is our Top Pick for the banking sector for its most favourable risk-to- reward with the highest dividend yield in the industry paired by solid ROE prospects. Its market leading position in loans and deposits should prove beneficial in an economic recovery phase while its CASA-to-deposit ratio of c.40% would ease access to funds.

https://klse.i3investor.com/servlets/ptres/59261.jsp

The fixing of DRP price is based on average closing price.....and closing price is determined by market forces.....to make the price close low is sap sap sui for BIG funds.

Yes correct. ASB own 4+ billion shares.

Big funds want the DRP price to be fixed low....will make sure price close low during these few days.....

After ex dividend, the price will drop accordingly.....if the current price holds till ex date, after ex it will be below 8

DRP price will probably be fixed after AGM on 15-4-21.....price will remain low....no need to chase high.

Looked at how it was traded recently....it seems operator are starting to collect only.....

....don't miss the boat and wait for them to collect enough.

Posted by fregend > Mar 30, 2021 12:20 PM | Report Abuse

wake me up when it hit 0.90

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wake up.....WAKE UP !!!!!

DRP is not fixed....why need to closed so high today? :(

https://www.theedgemarkets.com/article/after-rising-40-year-ago-genting-still-worth-bet

Genting has 12 “buy” calls and five “hold” recommendations, with an average target price of RM6.13 – which means a 17.88% upside from yesterday’s closing.

Looking ahead, analysts and fund managers are of the opinion that this high paying dividend could be the trend for the Genting Group.

“I think they will continue paying higher dividends as earnings will improve now,” the analyst added.

Yes, no need to bid high....price will remain low until DRP price is fixed.

The dividend reinvestment price will probably be announced after AGM on 15-4-21......during this period, prices will probably remain low.

Numbawan recovery play !

apple168 now calling TP for TG at 1.50....wakaka laugh die me....

Yes....going back to where it should be.....down...before DRP price is fixed.

Wow...TG big support at 4.80....Broken !

All gloves, at current price, cry no tears for those holding....