Mahsing still maintain their billions dollar sales this year... This is good sign.. Plus insider news their plastic injection moulding business is opening a new production line venture into health industries.
My new post on Build-to-Rent (BTR) model and how it could become the growth story for Ecoworld International for someone that want to diversify into overseas properties. Happy weekend guys
don't talk about your achievements & awards in the past. no one give a damn shit about those. investors are more concerned about the future of the co like your share price with capital appreciation, dividend policy, ROE etc...Mahsing, a property laggard probably going to sleep through the decades again. let wish not
Most probably may not know that Mah Sing has been into the plastic industries since 1979. Mah Sing has been producing pallet, multi-purpose industrial containers, storage bins, security tool box, trolley, plastic furniture and even security helmets. The money made from its plastic division were divested into property development, and naturally the property division grown bigger than the plastic division. Many would also probably unaware that the plastic business / industry is a money making business. Other big groups which I know involved in plastic business manufacturing and silently making money are Taiko Drums and Kong Loong Huat.
Hence, we upgrade the property sector to 'positive' from 'neutral' with our top picks being S P Setia (‘buy’, TP: RM1.42) and Mah Sing (‘buy’ TP: 82 sen). We like S P Setia and Mah Sing as their products are more towards affordable to mid-range properties which cater for demand of owner-occupiers...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CatchThe Bull
712 posts
Posted by CatchThe Bull > 2020-07-25 12:37 | Report Abuse
@Godofgambler, How is the workmanship for Mahsing propery now?