I started buying this share in June n continue to slowly accumulate till end July before TS LHK review to media about this healthcare venture, prior to last Thursday, this tread has been quite quiet....but I am very certain it will become very lau juak after next week....haha.
Congratulation to all Mahsing shareholders....but I observed that some are no more here....may be sold off too soon....sad.
About canvintaneng.....no need to bother about what he says.....I know his style since 2014.......in KSL forum......I made a fortune while he missed the boat.....same same talk 3 talk 4....haha.
Think logically, after the mah sing glove venture news was out, do you expect the share price to stay flat? or increase gradually 5 cents a day? only then it's not a hoax?
Such a booming news only has 2 outcomes: 1) Sell on news drop like shit 2) Price surge goreng
Obviously the result is No.2. Following the crazy volume and strong supportive trading pattern on Friday, you seriously think this will be a one day show? Then the operator will be eating shits. The operator could've just let it limit up in the morning with much lower trading volume, but instead they spend whole afternoon to absorb shares above RM0.93. This proves their appetite is much higher maybe rm2-3 before they start releasing their stock on hand.
Last.two week.i mention mah sing going to venture in glove. No one believe me said me con man. Now u know. Believe me. Tan Sri Leong is very experience in manufacturing and have 40 plastic manufacturing experience before he diversify in property. I dont see he have problem on this glove manufacturing as well. In long term . Mah sing is worth to invest may hit rm5 when factory in operation. In short tem. It might go up and pull back a bit before up steadily
@Ichits you will be able to get the shares morning, don't worry, there will always be people with less risk appetite willing to take profit earlier, just grab them earlier at lower price.
The announcement was during Thurs lunch time. It went fr Weds’ 0.725 to a high of 0.775 before retreating back to 0.725
So I was scratching my head. Then I came to 2 assumptions :
1) Uncles/aunties don’t following announcements online daily 2) CMCO, uncles/aunties at home, got time to play market 3) Uncles/aunties prefer reading hard copy newspaper 4) Fri announcement was StarBiz hardcopy headline 5) Price go up and up and up on Fri morning until some resistance at 0.92-0.93 due to profit taking
@Morpheus61 I know you're heavy supporter of other overvalued glove stocks, dont need to see mah sing as your new enemy, all glove stocks can grow together. Just that mah sing has higher space of price increase because it's a new baby with 40 years manufacturing experience, net cash flow RM1.1B, and below NTA RM1.4. And more importantly, the price is still cheap. Stop spreading panic here.
Mah Sing paid out 89.7 million ringgit as dividend to share holder when share price was 65 cts,at this junction of economic slow down,how many company willing to do that ? Carepls share price 3.80 ringgit paid dividend half cent, HLT share price 1.77 ringgit dividend zero ,Comfort share price 4.65 ringgit paid dividend 1.5 cent,Panamy paid dividend 1.98 ringgit, share price 28.80 ringgit ,Top glove share price 9.34 ringgit paid dividend 18.5 cents. And Top Glove will be listing in Hong Kong stock market with share price above 9 malaysia ringgit ,since Hong Kong people are smart investors , so how many Hong Kong people or investment fund will pick up the share that only paid out low dividend ? In comparison, Mah sing ringgit share price is very cheap even without inclusive new glove business ,thus buying now is low risk high gain !
All kinds of sour grapes.... including a billionaire....lol.... those supporting have bought low.... those condemning missed buying low... that's the fact...hahaha... Monday will gap up and rally with fierce momentum... let's see ok.
@DepecheM gap up is confirmed. Most likely above RM1. I hope it will limit up quickly. Otherwise it will be harder for it to push the price even further as a lot of retailers will have chance to enter at lower price.
I think they just jealous noticed that major market fund flow into this share bah. If more fund move to this stock and hold long time will caused their share drop. Thats the main reason ba
You have no idea right ? How much I have in the Glove counters. I just believe in something that is not there, as in Mah SIng's yet to be built Glove Factory.
I too believe the price movement in this share will be large and if you can understand the swings, go for it. Make the money. Just don't go in without knowing. The IB has a lot more money than you. Be careful.
@Morpheus61 Yes, because a lot of big IBs are behind this stock, that's why it won't settle at any price below NTA once the glove spotlight is on. That's why I advice everyone to rush in first thing Monday morning, and yes please take profit when it surge pass RM1.2 if you're afraid, and take profit when it surge pass NTA RM1.4 if you want to play safe.
IBs monitor this thread and will gauge the sentiment of retail investors and will act accordingly. Sendiri pandai pandai sahaja. No need to post strategies and TP and let sharks formulate plans. Buy and sell quietly. No need to tell the world
I used to be dumb enough to post TP and exit here and there. Then drop kao kao. Be smart and only discuss facts here. No speculations, no scare tactics, no sour grapes
@investnotgamble... even KYY has posted negative comments about MS...not easy to get his attention to write an article... many sharks are buying...0.945 was snapped up by huge volumes even 2 minutes before closing bell...I watched the action closely... Monday will cross 1.00 easily... whether will limit up or not let's wait and see...I bought on Thursday at 0.725...no fear... only joy
@wallstreetrookie of course IB can throw down the price to 0.7 again to scare ppl off, If they do that just take profit once it breaks support and enter again. We can't beat the IBs, if they sell we sell, if they buy we buy. Support their movement, you will never lose.
Boast all you want. You guys are not getting poor, ignorant retailers to buy & sell as per your whims. The General Public is aware of the Scheming, Crooks.
Btw, I don't care what you make or made. That's your baby. Hold on to it before someone tricks you into dropping it.
All he wants is to win a internet argument about a stock. Let him win la. We only interested in real investment. This guy he only wants to win internet arguments and remain poor forever. Just let him be
XXXxzzz....KYY got his facts wrong about MS glove production timeline... it's 2ndQ 2021... I'm sure he will be buying one day....MS is set to become the big 5th.. just maybe this pandemic will be close to being over....but glove demand will remain high even post pandemic and MS being the big 5th by then... will have a lion share of the market... they have loads of cash to realize their ambition... nobody can doubt that.
My honest opinion, yes fast money, but will it end? Yes. When? When the vaccine out. Why? Because that's all everybody will think. Why now so hot for glove? Because that's everybody chasing for one cheap (no value) glove pieced of rubber. For information, newspapers cut the infos of vaccine so some important info is missing, where I always watch live news which is not included. Believe it or not? Up to u. Buy MS, sure. But for short run. Maybe 1 or 2 month just maybe, I said just maybe, 'Game Over'. I will buy too, but I dont want see people cry and regret at the end. I am just giving advice in good will.
(Kuala Lumpur, 17th) The award-winning MAHSING Group (MAHSING, 8583, main board industry stock) has again been recognized for its strength and won 7 awards in the 2020 PropertyGuru Asian Property Awards (Malaysia).
The awards include the "Best Lifestyle Developer Award", which proves that Ma Sing continues to develop high-quality projects covering various lifestyle elements and public facilities, and is recognized by home buyers. At the same time, he has also received special awards for corporate social responsibility and community construction. Ma Xing's outstanding performance in all aspects.
In addition, Mah Sing’s practice and efforts in sustainable development have won three major awards, including ESG (Environmental, Social, Governance) Award, Sustainable Architecture Award and Sustainable Design Award; and M Oscar Development in Old Kuzai Road, Kuala Lumpur The project was awarded the "Best Mass Market Apartment Development Project (China and Malaysia)".
Tan Sri Leong, founder and group managing director of Mah Sing Group, pointed out that he is honored to be recognized by the "PropertyGuru Asian Real Estate Awards" jury, and Mah Sing will continue to do its utmost to provide home buyers with quality real estate projects.
All sharing is for reference only, happy investment, the decision to buy and sell is always your own, full of hope for tomorrow, life with dream is the most beautiful! Mahsing 8583 Mahsing Group RM 0.93 investment: Long-term buy, target price: RM 2.80 Investment strategy: When depositing, only buy but not sell, and obtain capital growth. With a good management model, the glove industry will succeed. Net cash MYR 590 million Nta:rm1.40 Stock price: Rm0.945, dividend 3.35 cents, and dividend yield 3.5% The company will start production of gloves in April next year, starting 12 production lines, with an annual output of 3.68 billion gloves, and has obtained customer letters of intent to order about 9.4 billion gloves. The future goal is to increase to 100 production lines. The fifth largest glove company in Malaysia.
Everybody can write anything they feel. High possibility limit up for those already bought and always negative views for those left out and trying to get cheaper.
They have declared that they would be in the top-5 list, for us to have a confidence on this, we need to understand how the past performance was and how they overcome the hurdles when they started something new earlier... That would give us a good benchmark.. They have the pre orders already I don't think MahSing would buy those from lazada and ship it to there customers... They will get those orders ready and they would be careful since it's their first one... Currently they don't have any but everyone should start from nothing la, even the big 4... They shared their plan, look at there past performance and execution.. if you like it invest...
For a long term I would definitely revisit on this but for the short term I'll take some chances...
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....
SimonJB
377 posts
Posted by SimonJB > 2020-10-18 12:26 | Report Abuse
don't worry if you can't get 1.10 on monday, maybe you can still buy it at 1.20 on monday....hahaha