“Many of them expect once the pandemic is stabilised and the CMCO removed, the snap election can happen as soon as January 2021,” he said.

DDNK believes that the snap election would be able to resolve the current domestic political situation and hence attract more foreign inflows into the local market and push it higher next year.

“This (snap election) will be one of the biggest catalysts for the market’s bullishness next year,” he told Bernama.

https://www.freemalaysiatoday.com/category/business/local-business/2020/11/21/snap-polls-will-power-klci-to-1800-in-2021-says-asset-management-firm/

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to revisit the 1,800 mark — a level last seen in 2018 — by end-2021, if a snap election is called next year.

https://www.freemalaysiatoday.com/category/business/local-business/2020/11/21/snap-polls-will-power-klci-to-1800-in-2021-says-asset-management-firm/

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to revisit the 1,800 mark — a level last seen in 2018 — by end-2021, if a snap election is called next year.

https://www.freemalaysiatoday.com/category/business/local-business/2020/11/21/snap-polls-will-power-klci-to-1800-in-2021-says-asset-management-firm/

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to revisit the 1,800 mark — a level last seen in 2018 — by end-2021, if a snap election is called next year.

Besides that, he said the optimism over the Covid-19 vaccine would lead to market rotation where investors would shift from growth to value stocks next year, particularly the beaten-down stocks like plantation, airlines, hotel, tourism, gaming, banking, and real estate investment trusts (REITs).

https://www.freemalaysiatoday.com/category/business/local-business/2020/11/21/snap-polls-will-power-klci-to-1800-in-2021-says-asset-management-firm/

KUALA LUMPUR: The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to revisit the 1,800 mark — a level last seen in 2018 — by end-2021, if a snap election is called next year.

With additional profit from gloves and economy returns to normal....dividend above 6.5 sen is realistic for 2022 onward.

Dividend for 2020.....3.35 sen

.........for 2019.....4.5 sen

.2018 and before......not less than 6.5 sen


At current price, 6.5 sen gives a yield of 7.1%.....triple FD and higher than ASB/ASM.

@Tedinvestor.....he/she got NO money to buy..

...so becomes sour grapes...

....so talk 3 talk 4 talk kok...

.....only 9 posts....wakakak....

And only 9 comments....Wakakaka...

Wow...people who have NO money to buy.....

....go to so many forum to spread panic....

....to talk three talk four talk kok.

Good try !

But CIMB is dominated by institution not retail.

No use to talk three talk four here.

Phase one production target : 3.68B pieces of gloves.

At a conservative profit of USD15 per 1000 (pre covid ASPs), it works out to be about 9 sen per share, at a conservative 15 times PE...it's RM1.35 (gloves alone).....fair price plus property should be above RM2.00.


Phase two production target (2022) ; another 3.68B pieces.


Mahsing is now a value (property) + growth (gloves) stock.


But the trading is still volatile.....if want to buy is for keep....

....don't buy to trade.

https://www.theedgemarkets.com/article/dissecting-mah-sings-rubber-glove-ambition

But price not moving much leh.

I own Genting....I want to share with Genting shareholders that I noticed something is brewing at Mahsing.

Disclaimer....I own Mahsing also.

Do your own homework ya.

Market down...Gloves down.....Mahsing up...

....may be the buyers know something that others don't.

https://www.theedgemarkets.com/article/property-developer-mah-sing-turns-rubber-glove-maker

We are also planning to venture into other healthcare and medical device-related ventures and explore the possibility of listing our manufacturing division separately from the group to further unlock its value in the future,” said Leong.


https://www.theedgemarkets.com/article/sinopharm-jvco-sponsor-10000-doses-covid19-vaccine-front-liners


Vaccine ??

https://www.theedgemarkets.com/article/sinopharm-jvco-sponsor-10000-doses-covid19-vaccine-front-liners

Tan Sri Leong of MahSing is involve with China vaccine ??

https://www.theedgemarkets.com/article/sinopharm-jvco-sponsor-10000-doses-covid19-vaccine-front-liners

MahSing Health to be distributor for China vaccine ??

https://www.cnbc.com/2020/11/16/moderna-says-its-coronavirus-vaccine-is-more-than-94percent-effective.html

https://www.theedgemarkets.com/article/iois-1q-profit-jumps-87-amid-stronger-cpo-prices

Plantation profit up due to stronger cpo prices

Bull run how to trap ....haha

Ha..ha..ha....joker with 4 posts only

CIMB...cumming.....more than Genting up 10%

It followed the movement of gloves stocks these few days...

...today, some property stocks are starting to move (SP Setia reported a loss is up today)

Those who miss this boat.....

....CIMB is also coming...

Wow....3.60 broken.....

Wow.....3.60...

Hope can break.....

https://klse.i3investor.com/servlets/ptres/57457.jsp

Kenaga latest TP RM5.10

All shareholders here are feeling great...

@shareinvestor88......how is your day ??

Wow.....we miss you in MahSing tread la....

https://www.theedgemarkets.com/article/local-gamblers-drive-genting-singapore-back-black-3q-earnings-s545-mil

SINGAPORE (Nov 15): Casino operator Genting Singapore has staged a strong sequential recovery between 2Q and 3Q ended Sept 30, as lockdown measures were eased somewhat.

In a quarterly business update on Nov 14, the company, which operates Resorts World Sentosa reported earnings of nearly S$54.5 million for 3Q, compared to losses of S$163.3 million in the preceding quarter ended June 30.

https://www.nst.com.my/news/nation/2020/11/641272/no-suicide-genting-highlands

@choysun......agree.....cheers.

Wow...after gone missing for so many days....88 is still alive.

MGM low for the year was 5.90....now 25.90

Genting low for the year 2.91....now 3.79

MahSing has lost its momentum, but at current price there is good value for long term.

3.68B pcs of gloves per year at pre covid ASPs price (profit USD 15) works out to be about 9 sen per share....at conservative 15 times PE equal RM1.35 (gloves only)

....plus its property, fair value should be above RM2 in next 2-3 years.

Likely no blanket moratorium extension.

https://www.theedgemarkets.com/article/2021-gdp-growth-projection-6575-based-economic-expectations-says-tengku-zafrul

"The M40 group can also ask for an extension of the loan moratorium with easier process, whereby they only have to make a self-declaration without having to present proof that they have lost their jobs or that their pay have been affected.

"To date, about 98% of the applications from the M40 group have been approved," he said.

Posted by choysun > Nov 14, 2020 9:07 PM | Report Abuse

@shareinvestor88 Don't TP anymore nonsense la. Join the bandwagon before it's too late :)

----------------------------------------------------------------------

People who have so much free time to post such nonsense, normally do not have money to buy la.

https://www.cnbc.com/2020/11/12/stock-market-futures-open-to-close-news.html

Shares of cruise operator Carnival rose more than 7%. United Airlines and Boeing were both up more than 5%. Disney closed 2.1% higher on the back of better-than-expected quarterly numbers. At the sector level, energy and industrials rose 3.8% and 2.2%, respectively, to lead the S&P 500 higher. Financials were up more than 1%.

Both the Dow and S&P 500 logged strong weekly gains, boosted by Pfizer’s news on Monday that the vaccine it is developing with BioNTech was more than 90% effective in a trial. This caused a rotation into the cyclical stocks that would benefit from an economic comeback next year. Investors dumped technology shares which have held up during the pandemic.

MGM Resorts top gainer on S&P 500, up 9.3%

@shareinvestor88 How is your day??

Where have you been??

@shareinvestor88 How is your day?

Where have you been??

MGM Resorts top gainer on S&P 500, up 9.3%

Now Bursa trades more on sentiment and momentum, less on fundamental.

Posted by Sharefisher > Nov 14, 2020 8:24 AM | Report Abuse

I dare not to post the above in glove forums, they go after my mother, father and family... ... Crazy people are all over the forums now.

----------------------------------------------------------------------

Ha ha ha.....good one.

I agree......

https://www.cnbc.com/2020/11/12/stock-market-futures-open-to-close-news.html

Shares of cruise operator Carnival rose more than 7%. United Airlines and Boeing were both up more than 5%. Disney closed 2.1% higher on the back of better-than-expected quarterly numbers. At the sector level, energy and industrials rose 3.8% and 2.2%, respectively, to lead the S&P 500 higher. Financials were up more than 1%.

Both the Dow and S&P 500 logged strong weekly gains, boosted by Pfizer’s news on Monday that the vaccine it is developing with BioNTech was more than 90% effective in a trial. This caused a rotation into the cyclical stocks that would benefit from an economic comeback next year. Investors dumped technology shares which have held up during the pandemic.

https://www.cnbc.com/2020/11/12/stock-market-futures-open-to-close-news.html

Shares of cruise operator Carnival rose more than 7%. United Airlines and Boeing were both up more than 5%. Disney closed 2.1% higher on the back of better-than-expected quarterly numbers. At the sector level, energy and industrials rose 3.8% and 2.2%, respectively, to lead the S&P 500 higher. Financials were up more than 1%.

Both the Dow and S&P 500 logged strong weekly gains, boosted by Pfizer’s news on Monday that the vaccine it is developing with BioNTech was more than 90% effective in a trial. This caused a rotation into the cyclical stocks that would benefit from an economic comeback next year. Investors dumped technology shares which have held up during the pandemic.

https://www.theedgemarkets.com/article/midf-downgrades-property-sector-neutral-recovery-slowed-cmco

Despite a muted outlook for the property sector, she still likes Mah Sing as she expects its recent venture into gloves manufacturing to boost its earnings significantly in FY21. Besides, she also believes that it could be the potential beneficiary of stamp duty waiver for first time home buyers for the period 2021-2015 due to its strategy of launching affordable housing.

https://www.malaymail.com/news/malaysia/2020/11/13/warning-against-debt-fuelled-economic-growth-bnm-says-extending-blanket-loa/1922365

BNM governor Datuk Nor Shamsiah Mohd Yunus pointed out that a blanket moratorium on repaying bank loans “will not be in the best interests of the economy”, as allowing all borrowers — even those who can afford to resume repayments — to postpone payments would be similar to kicking the problem down the road.