MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.73

Today's Change

+0.04 (2.37%)

Day's Change

1.66 - 1.74

Trading Volume

7,694,200


11 people like this.

12,574 comment(s). Last comment by fruitcake 12 hours ago

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

Posted by InvestNotGamble > 2020-10-18 12:27 | Report Abuse

High chance it will open gap up above RM1, because it is easier to push the share price up by one tick above RM1.

lchits

115 posts

Posted by lchits > 2020-10-18 12:29 | Report Abuse

Counter offer to those who want to take profit ,no confidence ,,whatever it is..
99cts
Who willing to sell
Lai lai lai

SimonJB

377 posts

Posted by SimonJB > 2020-10-18 12:31 | Report Abuse

limit up price is 1.25

lchits

115 posts

Posted by lchits > 2020-10-18 12:35 | Report Abuse

Ssssssshhhhhhh simonJB
You keep telling limit up 1.25
Like this where got people sell to me then

SimonJB

377 posts

Posted by SimonJB > 2020-10-18 12:39 | Report Abuse

@Ichits.......ok ok better keep it silent so that we can buy lots at below 1.00.....hahaha

stkoay

6,491 posts

Posted by stkoay > 2020-10-18 12:41 | Report Abuse

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.

Posted by InvestNotGamble > 2020-10-18 12:41 | Report Abuse

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.

Posted by Perfectinvestor > 2020-10-18 12:49 | Report Abuse

InvestNotGamble, you make very rational comments. Thanks for your sharing

lchits

115 posts

Posted by lchits > 2020-10-18 12:51 | Report Abuse

Aiyoh,,investNotGamble
You lagi jialat
Rm2-3
Like this I makan shit lor
Who gonna sell to me on Monday then

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-18 12:54 | Report Abuse

What names, Invest Not Gamble, Perfect Investor......Where's ALPHA ?

Posted by gardenia123 > 2020-10-18 12:56 | Report Abuse

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

Posted by InvestNotGamble > 2020-10-18 12:57 | Report Abuse

@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.

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-10-18 12:57 | Report Abuse

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

Posted by InvestNotGamble > 2020-10-18 12:59 | Report Abuse

@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.

Beltland

613 posts

Posted by Beltland > 2020-10-18 13:03 | Report Abuse

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 !

DepecheM

810 posts

Posted by DepecheM > 2020-10-18 13:05 | Report Abuse

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.

Posted by InvestNotGamble > 2020-10-18 13:05 | Report Abuse

@anthonytkh according to trading software 75% of the trading fund on Friday is contributed by operator. Not aunty uncles. Lol.

Posted by InvestNotGamble > 2020-10-18 13:08 | Report Abuse

@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.

Foker

1,406 posts

Posted by Foker > 2020-10-18 13:09 | Report Abuse

All must trust in Gardenia now. I don't believe him 3 times, now I pay. When he speak got alot of substance Wan.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-18 13:09 | Report Abuse

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

Jeffson87

281 posts

Posted by Jeffson87 > 2020-10-18 13:11 | Report Abuse

Grabbed some C26 on last Friday. Wonder how's the performance on tomorrow... +0.20cent doable?

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-18 13:12 | Report Abuse

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

2,144 posts

Posted by Morpheus61 > 2020-10-18 13:14 | Report Abuse

Sorry, I just Do Not believe in something that's not there

Posted by wallstreetrookie > 2020-10-18 13:16 | Report Abuse

Don’t talk so much BS la. Tomorrow will know the result.

Posted by InvestNotGamble > 2020-10-18 13:17 | Report Abuse

@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.

Posted by wallstreetrookie > 2020-10-18 13:17 | Report Abuse

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

Posted by wallstreetrookie > 2020-10-18 13:19 | Report Abuse

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

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-10-18 13:23 | Report Abuse

@InvestNotGamble, oh ok. I was trying to take credit for myself since I’m an uncle hahaha

DepecheM

810 posts

Posted by DepecheM > 2020-10-18 13:27 | Report Abuse

@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

Posted by InvestNotGamble > 2020-10-18 13:28 | Report Abuse

@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.

Posted by Perfectinvestor > 2020-10-18 13:40 | Report Abuse

Morpheus61, no need to show off your investment in gloves stock. I am sure my proven records in gloves stock investment are better than yours

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-18 13:45 | Report Abuse

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.

XxxxXzz

684 posts

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

Depeche, u trust kyy? Haha look back what he wrote about prolexus and now prolexus? 1.70 already

Foker

1,406 posts

Posted by Foker > 2020-10-18 14:26 | Report Abuse

Haish, what this Morpheus want? He lose so much money and stupid blame who? Blame his parents la. Lousy genes lousy brain no money poor.

Foker

1,406 posts

Posted by Foker > 2020-10-18 14:27 | Report Abuse

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

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-18 14:32 | Report Abuse

Sure Foker. Thanks for the Certificate from a creep

DepecheM

810 posts

Posted by DepecheM > 2020-10-18 14:42 | Report Abuse

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.

maf1964

466 posts

Posted by maf1964 > 2020-10-18 14:48 | Report Abuse

on monday Mah Sing will sing. Lets hope it wont be a tieu nya sing

sunnyleong

307 posts

Posted by sunnyleong > 2020-10-18 14:59 | Report Abuse

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.

Goldberg

2,916 posts

Posted by Goldberg > 2020-10-18 15:00 | Report Abuse

PropertyGuru亚洲房产奖 马星获7大奖
Nanyang Sat, Oct 17, 2020 10:47pm - 16 hours ago



(吉隆坡17日讯)屡获奖项的马星集团(MAHSING,8583,主板产业股)实力再获认可,在2020年PropertyGuru亚洲房产大奖(大马区)中获颁7个奖项。

奖项包括“最佳生活方式发展商奖”,证明马星持续开发涵盖各项生活方式元素及公共设施的优质项目,获得购屋者的肯定,同时亦获企业社会责任及社区建设特别奖,表扬马星在各方面的出色表现。

此外,马星在可持续发展方面的实践及努力获得3大殊荣,包括ESG(环境、社会、治理)奖、永续建筑奖及永续设计奖;而位于吉隆坡旧古仔路的M Oscar发展项目获颁“最佳大众市场公寓开发项目(中马)”。

马星集团创办人兼集团董事经理丹斯里梁海金指出,荣幸获得“PropertyGuru亚洲房产奖项”评审团的认可,马星将继续尽最大的努力为购屋者提供优质房产项目。

更多产业详情,浏览www.mahsing.com.my

Goldberg

2,916 posts

Posted by Goldberg > 2020-10-18 15:06 | Report Abuse

(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.

mf

29,193 posts

Posted by mf > 2020-10-18 15:33 | Report Abuse

WHO concerned about Europe’s coronavirus outbreak as ICU beds near capacity

erkongseng

3,192 posts

Posted by erkongseng > 2020-10-18 15:36 | Report Abuse

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.

stkoay

6,491 posts

Posted by stkoay > 2020-10-18 15:45 | Report Abuse

Agree with erkongseng ......all sharing is for reference only, happy investment, the decision to buy and sell is always your own.

cicakman

7,812 posts

Posted by cicakman > 2020-10-18 16:23 | Report Abuse

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.

mf

29,193 posts

Posted by mf > 2020-10-18 16:59 | Report Abuse

U.S. reports highest number of new coronavirus case since late July as total climbs above 8 million

Ranjano

64 posts

Posted by Ranjano > 2020-10-18 19:07 | Report Abuse

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...

shareking1

822 posts

Posted by shareking1 > 2020-10-18 21:08 | Report Abuse

Monday T2. Hope all the buyer who bought last friday can hold and absorb contra player selling tomorrow.

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