MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.68

Today's Change

-0.03 (1.75%)

Day's Change

1.68 - 1.71

Trading Volume

5,596,000


11 people like this.

12,576 comment(s). Last comment by fruitcake 3 days ago

Posted by InvestNotGamble > 2020-10-17 14:07 | Report Abuse

https://youtu.be/1QvWGgX30j0

Have a look at the link above, simple, transparent, and straight forward, starting Monday everyone in the market will focus on sapu mah sing share. At least for another 2 days before it starts to slow down. Maybe correction will happen on wednesday and thursday as some people might take profit, then Friday will surge again to challenge RM1.6 and RM1.8 resistant.

mf

29,216 posts

Posted by mf > 2020-10-17 14:08 | Report Abuse

Mah Sing, Digi, Brem, FGV, Genting, AirAsia, Parkson and AWC
Wong Ee Lin
/
theedgemarkets.com

October 16, 2020 22:36 pm +08

joey1111

31 posts

Posted by joey1111 > 2020-10-17 14:08 | Report Abuse

Buy mother share better or warrant better? hmmm

Posted by Progressive > 2020-10-17 14:18 | Report Abuse

I will go for warrant with the high gearing effect .. but of coz high risk too ...

So the question will be what are Risk ?

mf

29,216 posts

Posted by mf > 2020-10-17 14:30 | Report Abuse

Meanwhile, Ho said the company had already applied for the necessary certification for its gloves, including from the United States Food and Drug Administration.

Posted by InvestNotGamble > 2020-10-17 14:50 | Report Abuse

@mf you're right, mah sing announce this glove venture in a very proper manner, and to give investor confident, they show MoU of customer orders, suppliers, address of factory, certification approval etc. And they engage with all the medias to make huge announcement, and IBs are all positive about it. Very clear and obvious they want to do it for long term. Not a one day goreng story. If they want to do that they would've leaked their intention much earlier. and Obviously Tan Sri does not intent to pump and dump his precious shares when he goes all in to glove venture and make this huge market news to whole Malaysia.

When there's an obvious good chance to invest and earn huge profit during early stage, dont be scared, don't be sceptical, don't let your fear overcome your judgement. Today's mah sing is just like supermax before April. When everyone is saying nope, and treat it as goreng, when it reached RM3, everyone calling for sell and run, when it reached rm6, you will start to feel it's too high to chase, when it reached rm10, you can only envy of others, when it reach RM15, then you will consider and regret for not entering, and when it reach rm20 and get stable you start to feel confident and buy?? Do you want to repeat this on Mah Sing? When it's still under NTA rm1.4?

Hengoredi

262 posts

Posted by Hengoredi > 2020-10-17 15:26 | Report Abuse

Understand that there will be warrant settlement by month end. Will that affect the price? Any sifu here can advise?

Posted by InvestNotGamble > 2020-10-17 15:44 | Report Abuse

if u afraid, then sell when it's closer to end of this month. now is only mid month. Anyhow if you buy tomorrow you will gain for sure, if you're worried can just take profit after this week and observe.

Hengoredi

262 posts

Posted by Hengoredi > 2020-10-17 15:49 | Report Abuse

InvestNotGamble-Thank you for the advise. Appreciate much.

alfred

89 posts

Posted by alfred > 2020-10-17 16:42 | Report Abuse

The group intends to fund the capex through internally-generated funds, bank borrowings and the proposed issuance of up to RM100 million nominal value of seven-year redeemable convertible sukuk Murabahah announced on Sept 24.
Yesterday, the group proposed to diversify into the manufacturing and trading of gloves and related healthcare products to take advantage of favourable long-term prospects of the glove industry as well as the additional demand amid the COVID-19 pandemic.
Mah Sing also said the diversification will provide an avenue to access the global market, thus reducing its over-reliance on the domestic market for its property business, which is cyclical in nature.

alfred

89 posts

Posted by alfred > 2020-10-17 16:43 | Report Abuse

Mahsing had entered into a tenancy agreement with landlord Minho Kilning (Klang) Sdn Bhd to occupy part of a piece of land in the Ladang Sungai Puloh Industrial Area on Jalan Kapar in Klang, Selangor, where it will set up, install and commission its glove-making asset.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-17 16:46 | Report Abuse

Mahsing-c22 not bad
Exercise price 0.72
Exercise ratio 1
Expired date 30 nov 2020
Current share price 0.945
Redeemable gain 0.225
Now the warrant price at 0.245
Only 2 sen gap with high chance earning.

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-17 16:58 | Report Abuse

0.945 stil undervalue,NTA 1.40, TP 1.50, strong support at 0.92, 0.93.mahsing wil fly again nxt wk.

SimonJB

377 posts

Posted by SimonJB > 2020-10-17 17:08 | Report Abuse

gap up on monday at 1.00

SimonJB

377 posts

Posted by SimonJB > 2020-10-17 17:09 | Report Abuse

now we have the Big 5, MahSing included

SimonJB

377 posts

Posted by SimonJB > 2020-10-17 17:10 | Report Abuse

THKS becomes THKSM next week

SimonJB

377 posts

Posted by SimonJB > 2020-10-17 17:11 | Report Abuse

let's think about this

Posted by InvestNotGamble > 2020-10-17 17:13 | Report Abuse

I'm not surprised the huge buying power on Friday include EPF as well, they have been heavily investing healthcare sector lately and most of them are overvalued way above NTA companies. But Mah Sing is way undervalued at current price and NTA RM1.4. They reduced their stake on Mah Sing during covid crisis, but I'm waiting for it to surface once again as substantial shareholder in the coming weeks.

Basically you can treat EPF buying price at RM0.93 as a safety net. It will only go higher.

SimonJB

377 posts

Posted by SimonJB > 2020-10-17 17:13 | Report Abuse

supermx c77 or c78 were at around 0.080 - 0.100 back in March and have shot up to more than 10.00 at their peak

SimonJB

377 posts

Posted by SimonJB > 2020-10-17 17:15 | Report Abuse

MahSing-C27 now at 0.195 and with expiry up to 29 Oct 2021, when their factory would have started operations by then, what price would you imagine the price will be by then?

Just something to ponder on, not a buy or sell call here. happy Trading next week.

Posted by Kho Nyiap Hong > 2020-10-17 17:47 | Report Abuse

@investnotgamble Thank you very much for your sharing. Appreciated.

blistering

146 posts

Posted by blistering > 2020-10-17 17:48 | Report Abuse

MAHSING is singing this monday on HUGE Buy Call !!!

my teams expect trading volume will peak up to 1Bils shares changing hands...as it's correction and profit taking for all the big 4 starting next week, that means they will switch over to MahSing, and we expect the Elephant in the Room the EPF might jump in too since they are heavily disposing MahSing shares past few months...TP expected in a week to peak at RM2 !!

from private hedge fund traders

SimonJB

377 posts

Posted by SimonJB > 2020-10-17 17:56 | Report Abuse

monday will break 1.10 minimum at closing

mf

29,216 posts

Posted by mf > 2020-10-17 18:42 | Report Abuse

Covid-19: Malaysia reports record 869 new cases

DreamGuardian

1,170 posts

Posted by DreamGuardian > 2020-10-17 18:53 | Report Abuse

Mah Sing joins glovefest but will it last?

https://www.klsescreener.com/v2/news/view/741377/mah-sing-joins-glovefest-but-will-it-last

Posted by RealEstateMogul > 2020-10-17 18:55 | Report Abuse

Mah Sing is a company that is losing money. We don't even know if they with follow up with their news of glove production. And even if they did, they are too late.
Here comes Rubberex's new production lines ON TOP of their already running new production line in June 2020 and huge customer base.

Posted by RealEstateMogul > 2020-10-17 18:56 | Report Abuse

https://www.rubberex.es/
This is Rubberex's Spain website. Rubberrex has a big HQ in Europe.
Careplus, Comfort and especially Mah Sing do not have this.

Posted by chickenriceseller > 2020-10-17 19:08 | Report Abuse

lol proof that a lot of idiots on bursa

tapenah

144 posts

Posted by tapenah > 2020-10-17 19:25 | Report Abuse

When can i see mahsing factory?
Hopefully not in 2025 covid gone case already.

Posted by nickcome508 > 2020-10-17 19:50 | Report Abuse

O, missed the boat earlier still can enter ah this price..

sausagex99

211 posts

Posted by sausagex99 > 2020-10-17 19:51 | Report Abuse

This situation same like at systematization

Posted by InvestNotGamble > 2020-10-17 19:56 | Report Abuse

@RealEstateMogul you need to read more on news and company announcement as well as financial standing of Mah Sing, dont make me laugh by simply twisting facts. Blindly spreading bad news on mah sing does not help you to save Rubberex from share price correction next week.

Mah Sing boss Tan Sri make it a huge topic in the market that he's going into glove industry and aiming to be top 5 maker in malaysia, with even MoU signed with customers and suppliers, and factory confirmed and start renovation 1st November. What other proof that you need? Do you expect us to hold Mah Sing share until next year seeing the factory without profit taking before correction? What kind of smart investor will do that? Of course you can wait until they are actually producing gloves, and their share price will be way higher than RM0.945 now, and you're more than welcome to buy the stock from our hand as we take profit.

You should just sell rubberex share tmr and buy again after correction if there's any uptrend again. Same thing for mah sing, Monday will most probably surge pass RM1.1 level, and Mah Sing will enter correction phase too around wednesday-thursday, by then I might sell mah sing and buy rubberex with you if there's any sign of hope that rubberex still have space for price increase.

No point grinding on the "FUTURE" of glove, please don't forget, future glove line is only gonna comprise of 25% Mah Sing profit. Mah Sing started of listed as plastic manufacturer for 40 years, and gain their big money from property sector. When covid is gone, and all overvalued gloves company with over 40 PE suffer, property sector will gain, and Mah Sing share will pick up further. Without gloves mah sing will be fine as well and still under valued, with gloves mah sing is gonna fly sky high.

Beltland

613 posts

Posted by Beltland > 2020-10-17 20:00 | Report Abuse

DreamGuardian Mah Sing joins glovefest but will it last?


Top Glove,Supermax,Hartalega,Kossan are factories manufacture glove products which is low median health care industries and are easily replaceable,it' different from high tech industry like jet fighter F35 B,J 20 from china,Invisible remote plane,robotic medical machine ,5G telecommunication,AI computer memory system,space rocket industry,National Aircon etc .It's also different from FB industries like Coke, Carlsberg,Nestle etc.So, is it possible for the big four to maintain the good n strong average selling price after two years ? Road side Fortune teller may give the answer ! Thus everybody comes here to gamble at this good time and early bird made profit from late comer ! This is the answer lol !!!!!!!!!!! HHHHHHHHHaaaaaaaaaa 111111111

Posted by InvestNotGamble > 2020-10-17 20:03 | Report Abuse

@tapenah Bro you dont have to see the actual factory, you just need to know Mah Sing is undervalued with NTA RM1.4, and all the spot light is on Mah Sing next week, all the major funds are entering Mah Sing proved by crazy volume and money entering Friday and huge support at price above RM0.93 for more than 5 hours non-stop buying absorbing all the selling pressures by contra players on Friday, which is above previous peak RM0.91. And now Mah Sing is under glove and healthcare radar. So definitely Monday and Tuesday Mah Sing share price will shoot sky high and today is just Saturday. You can buy it on Monday and sell it as soon as wednesday if you dont believe in their glove stories even though it is very very convincing with proofs and facts. Be smart, not stubborn. Buy and Sell at the right timing is how you make money in share market, and first minute Monday morning is your last chance to buy Mah Sing.

Foker

1,406 posts

Posted by Foker > 2020-10-17 20:05 | Report Abuse

Real-estate is a big Dumbo. Mah sing is not losing money. It is very rare or impossible for an entire industry to make losses. Sure there will be lousy companies in the industry that lose money, but Mah sing is a market leader and it is quite ridiculous to think it will start to make losses. This will not happen as long as demand for housing do not fall

Foker

1,406 posts

Posted by Foker > 2020-10-17 20:05 | Report Abuse

Volume will decline, but house prices are stable. Don't be an idiot

tapenah

144 posts

Posted by tapenah > 2020-10-17 20:07 | Report Abuse

Not stubborn lah. Just sikit sakit hati sell to early last friday hahaha. Of course ill follow

Posted by RealEstateMogul > 2020-10-17 20:09 | Report Abuse

@InvestNotGamble
You can continue to gamble with Mah Sing. I just speak the facts. Mah Sing is an old tree unable to produce fruits.

Posted by InvestNotGamble > 2020-10-17 20:12 | Report Abuse

All the supporters of other glove counter keep trying to discredit Mah Sing future glove stories, but all of us know that the price on Monday is gonna be higher than last Friday and probably limit-up considering nowadays even loss making companies with good story can also limit up in bursa, that's all that matters as today is only Saturday. Buy it on Monday, hold it through Tuesday, and sell it on Wednesday if you dont believe in Mah Sing future, hold it until early next year and gain huge profit if you are sick of feeling regret from not buying other glove counter back in March 2020, but reluctant to invest in overvalued above PE 40 glove counters that are at all time high. It's just that simple.

Conclusion, it doesn't matter you like Mah Sing or not, just sapu first thing on Monday and take profit earlier or later as you wish. It's gonna sky rocket on Monday no matter what you say. and seeing how fast the share price shoot Friday morning, the operator will not give you any chance to buy at lower price. It will probably gap up then shoot up to above RM1.1 within very short period of time and stay there for the whole day just like last Friday. So late comer and retailers will not have any chance to wait for correction or buying opportunity.

Foker

1,406 posts

Posted by Foker > 2020-10-17 20:13 | Report Abuse

Realestate what interest do you have here as a pessimist? You can't short the stock, so, why are you even wasting time here convincing people with stupid arguments?

Foker

1,406 posts

Posted by Foker > 2020-10-17 20:14 | Report Abuse

I know most people who waste time on forums trying to convince others to sell are those who are very unsuccessful in their investing methods.

Posted by InvestNotGamble > 2020-10-17 20:14 | Report Abuse

@foker I think he bought a lot of Rubberex last week and refuse to take profit. Hahaha.

Foker

1,406 posts

Posted by Foker > 2020-10-17 20:16 | Report Abuse

He is already on the wrong track by wasting his time telling people to sell. You don't go into a forum and tell people to sell. Not surprised if he bought alot of rubber ex either. Lol

Beltland

613 posts

Posted by Beltland > 2020-10-17 20:16 | Report Abuse

Correct !!! Buy low sell high .What for hold stock for three to four years ?Now big four very expensive,even Top Glove were to list in Hong Kong without paying attractive dividend,who want to buy at this high price?Hong Kong people are smart and very calculative investor ! Buy Mah Sing since it's cheap !!!!!!!!!!!

Posted by InvestNotGamble > 2020-10-17 20:40 | Report Abuse

@Beltland Top glove is a good company, it's just the price is already too high to enter now that's all. Mah Sing is fresh and hot now and undervalued, that's why all the money will flow into Mah Sing next week. Again I wish to repeat, if you miss the boat or too afraid to enter on Friday, Monday first queue is your last chance to enter. Just like what happened in PRLEXUS not long ago.

Jeff5142

8,028 posts

Posted by Jeff5142 > 2020-10-17 20:55 | Report Abuse

Mahsing will be one of the big5. Oh no! Maybe one of the big10 then, in year 2029. LOL

Foker

1,406 posts

Posted by Foker > 2020-10-17 21:05 | Report Abuse

The Jeffs I know are dumb people

Foker

1,406 posts

Posted by Foker > 2020-10-17 21:15 | Report Abuse

Calvintan makes comments that suits him only. Same with practically everybody. Same with you. So you can take your shit out of here and don't let the door hit you on your way out

Foker

1,406 posts

Posted by Foker > 2020-10-17 21:16 | Report Abuse

Uplanet then explain how Mah Sing made so much profits in the past decade. Explain the 40 percent dividend yield. I wish TS Leong will sue you for defamation

Posted by InvestNotGamble > 2020-10-17 21:18 | Report Abuse

@Uplanet, I wonder why you never make money on Mah Sing counter, everyone here made money if you buy it one month ago. Your buying timing must be revised. And talking about boss stingy or bad infra etc doesn't really affect anything on the share price considering even rubbish counter can limit up nowadays, it doesn't matter if the boss is stingy or not, if there are tons of people buying goreng stock like XOX and MMAG but still make big money, why can't you do that in Mah Sing when it is a genuine company doing genuine business. The thing is when do you enter? And when do you exit? Monday is your last entry point, and you can exit anytime after that. I'm trying to help everyone here to earn some money, please don't be the sour grape here. Join us.

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