those who jealous only put negative. Please read seriously Mah Sing Business , One of top 5 property and top plastic pallet producer, and coming top glove produce, worth to invest, every year give divdend.
Agreed with gardenia123, Mahsing venture to glove and for them go to market plan will be good position, because everyone will know them and trust their deliver time frame... nvm those who want sell just sell ba... those who trust and believe management and grow with them.. just hold until next year april 2021 only decide next action... but no sure you can get current price or not..
Most investors with cash would not be able to find yet another with such promising uptrend to buy. Many of them would not be placing those cash into FDs as well too. For example RM100,000 would get you RM1,700 per annum in FD compared to RM15,000 if you invest in Mah Sing at RM1 and sell RM1.16. So, very unlikely that the price will fall drastically unless some big institution sells, which none of them are holding big in Mah Sing. EPF may come in and you probably know the answer where the share price would go.
Short of Mah Sing announcing that they are now retreating from the rubber glove venture, I don't think the price would fall as predicted by some.
Tan Sri Aim to be top five producer of glove as he done it on plastic before. Tan Sri is brilliant guy with Sharp and accurate decision, when he diversify from plastics to property no one look good at him also. See now Mah SIng is top 5 developer. Same to glove , I believe he can be top 5 , give him some time. by then mah sing no long rm1.00. Real investor look at long term.
Their glove operation havent start but the glove order has exceeded their phase one and phase 2 which are 7.6 billion pieces of glove order...Strong Buy with TP RM5
Surgical glove makers struggle to keep pace with booming demand
US-based Allied Market Research estimates that the global disposable gloves market amounted to $6.8 billion in 2019, and is expected to nearly triple to $18.8 billion by 2027
BUY BUY BUY. Mahsing is a very strong fundamental company, Tan Sri is a very good businessman, for sure MS Gloves will do extremely well and eventually be contributing a lot of profit for Mahsing group. TP rm3 easily.
I'm not greedy. My average years ago was RM1.03 (after rights and bonus issues). I'm confident it will hit RM1.50 this week and may sell part of my holdings. For those who bought around 70 to 80 sen you're Huat Arr!! Laughing your way to the bank. Honestly, MS always gives dividends and its worth keeping some.
To all the naysayers, this will be a super growth stock and never write off the Black Horse. In stock market, always GRAB the opportunity like this one. We are all here to make money. MS is a SOLID company NOT Anzo .
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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....
DepecheM
810 posts
Posted by DepecheM > 2020-10-19 09:36 | Report Abuse
Top volume for the day today... if volume same as Friday... tomorrow rally will continue