MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 8 hours ago

Josh72

102 posts

Posted by Josh72 > 2020-10-19 16:42 | Report Abuse

1.24 limit up...? adoi

DepecheM

810 posts

Posted by DepecheM > 2020-10-19 16:43 | Report Abuse

Huat kaw kaw ar

Posted by fishballsoup > 2020-10-19 16:43 | Report Abuse

Will it continue to go up tmr?

lfccrew84

236 posts

Posted by lfccrew84 > 2020-10-19 16:44 | Report Abuse

Huat chai

mf

29,191 posts

Posted by mf > 2020-10-19 16:44 | Report Abuse

16-Oct-2020 Price Target Mah Sing - Venturing Into Rubber Glove Manufacturing Business
Source : AmInvest, Price Call : BUY, Price Target : 1.50
Last Price : 1.15, Upside/Downside : +0.35(30.43%)

Posted by kentwang168 > 2020-10-19 16:44 | Report Abuse

still 10 mil unit q buy at 1.24.
So how tomorrow ? limit up again ? i dont have stock on hand already pity

Posted by JDinvestor > 2020-10-19 16:44 | Report Abuse

Who left earlier than shark earned.
Slow hand don't blame haha ~

Chelsea11

294 posts

Posted by Chelsea11 > 2020-10-19 16:44 | Report Abuse

yeah sold...huat..huat..TQ

sunnyleong

307 posts

Posted by sunnyleong > 2020-10-19 16:45 | Report Abuse

All out!!!

Chh9618

120 posts

Posted by Chh9618 > 2020-10-19 16:49 | Report Abuse

Tomorrow T3, be careful guys

Posted by Christ cs2020 > 2020-10-19 16:49 | Report Abuse

told yeah limit up today

HappyStar

57 posts

Posted by HappyStar > 2020-10-19 16:49 | Report Abuse

Limit Up at RM1.24. Tomorrow: Huat Ah! RM1.50 for sure. calvin crying buckets.

Goldberg

2,916 posts

Posted by Goldberg > 2020-10-19 16:49 | Report Abuse

Who took profit can always come back mah, but at higher price. Yup support at higher prices.
MS is the Stock to HOLD and you will be rewarded. Believe in Tan Sri Leong. He Will DELIVER.

Posted by Christ cs2020 > 2020-10-19 16:50 | Report Abuse

tml would be another great day !!! hold tight

TuaTuaLiap

190 posts

Posted by TuaTuaLiap > 2020-10-19 16:51 | Report Abuse

Sui sui limit up babes! Huat ah. Tomorrow another tua tua liap one coming!

HappyStar

57 posts

Posted by HappyStar > 2020-10-19 16:52 | Report Abuse

MahSing will topple Top Glove in five years.

chasz

231 posts

Posted by chasz > 2020-10-19 16:52 | Report Abuse

that call warrant really trap for me..from 11% premium up to 30% looklike they purposely buy n sell by themselves..be careful.just take profit

DLLM99_kyy

920 posts

Posted by DLLM99_kyy > 2020-10-19 16:52 | Report Abuse

Just hope tomorrow up 20% cukup..
If limit up then another day will trading Halt...

Only maintain or drop..

Posted by kentwang168 > 2020-10-19 16:53 | Report Abuse

mah sing got land got factory ready already, better than some new glove stock budget the cost base on iproperty end up selling durian.

Justin328

480 posts

Posted by Justin328 > 2020-10-19 16:54 | Report Abuse

bursa rule only allow 2 day limit up right?

Posted by Kho Nyiap Hong > 2020-10-19 16:55 | Report Abuse

Wow, limit up!!! Congratulations to Mah Sing Shareholders. 感恩Tan Sri LHK。

Justin328

480 posts

Posted by Justin328 > 2020-10-19 16:55 | Report Abuse

so today 1 day, tomorrow will be another day of limit up?

Markv572421

3,374 posts

Posted by Markv572421 > 2020-10-19 16:56 | Report Abuse

MahSing another rising star after 4 big gloves company...Gogo mahSing make us proud !!!!

Russel

546 posts

Posted by Russel > 2020-10-19 16:59 | Report Abuse

Looking at the strong momentum, will tomorrow continue limit up?!

sunnyleong

307 posts

Posted by sunnyleong > 2020-10-19 17:01 | Report Abuse

Tomorrow 2 outcomes. A trip to holland or boom like bunga raya. GG

erkongseng

3,192 posts

Posted by erkongseng > 2020-10-19 17:01 | Report Abuse

Ambank为大主力,1.50不是夢。

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2020-10-19 17:01 | Report Abuse

Haha life is like a gamble. No risk no gain haha. All or nothing.

DepecheM

810 posts

Posted by DepecheM > 2020-10-19 17:05 | Report Abuse

Today gapped up 0.085 sens.... tomorrow should be about the same.

Minimi4

10 posts

Posted by Minimi4 > 2020-10-19 17:05 | Report Abuse

Yes @Stockisnotfun.... Kalao trade dengan duit spare...
Hut gaogao.. Dream big big....
All or nothing

Kalao trade dengan duit makan nasi.. Nie memang ganjiong ganjiong...

Posted by Arsenewenger8383 > 2020-10-19 17:06 | Report Abuse

Haha.. tmrw sure gap up...

Posted by Arsenewenger8383 > 2020-10-19 17:06 | Report Abuse

Pity who cash out at below 1.15...

stkoay

6,491 posts

Posted by stkoay > 2020-10-19 17:07 | Report Abuse

Nice.....

calvintaneng go hiding inside his wife's sarong liao.

LOL

calvintaneng

56,632 posts

Posted by calvintaneng > 2020-10-19 17:11 | Report Abuse

Hahaha what?

Mahsing no fundamental but just another casino hype. Already stated clearly.

No way they can produce gloves by year 2021.

Even if got gloves in year 2022 it won't show any real profit until 2023

For all the quarters result till 2023 no profit to show

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-10-19 17:12 | Report Abuse

Wah suddenly fly due to gloves??

Winmore88

1,165 posts

Posted by Winmore88 > 2020-10-19 17:14 | Report Abuse

tmr gap up 1.5 lo

mita29

1,064 posts

Posted by mita29 > 2020-10-19 17:15 | Report Abuse

"We expect the revenue contribution to come in as early in Q2 2021. This will provide more recurring income to the group." Chief executive officer Datuk Ho Hon Sang

HappyStar

57 posts

Posted by HappyStar > 2020-10-19 17:16 | Report Abuse

Why calvin so scared? How to lay eggs? Volume is 3.5 million+ and price is still so low- not like those RM140 per share stocks of the mid 1990s crash. Sell some at RM1.50, keep some till RM2.

stkoay

6,491 posts

Posted by stkoay > 2020-10-19 17:16 | Report Abuse

Hahaha....

This calvintaneng....die die also want to continue bullshitting

LOL.......

Posted by Fundamental123 > 2020-10-19 17:16 | Report Abuse

Hi Guys,

Vizion is an another model of Mahsing Glove :)

Good luck !

Pinpin

58 posts

Posted by Pinpin > 2020-10-19 17:22 | Report Abuse

you guys are so dead lmao

Beltland

613 posts

Posted by Beltland > 2020-10-19 17:28 | Report Abuse

Posted by Beltland > Oct 19, 2020 3:56 PM | Report Abuse X

Mah Sing all weather cheapest stock ; Covid 19 Glove manufacture,post Covid 19 hotel business and property development , NTA 1.40 ringgit,cash in hand 1.1billion .share price 1.16 ringgit .Apa lagi mahu ? Buy faster before the price spike .Buy a lot and hold ......



Apa lagi mahu ? Apa lagi mahu ? Apa lagi mahu ? All weather cheapest stock ---- MahSing! When Covid 19 over , how much Top Glove worth ? How much Comfort worth ? How much Supermax worth ?How much HLT worth ? MahSing immune to weather change !! Buy ! Buy ! Buy !

cicakman

7,812 posts

Posted by cicakman > 2020-10-19 17:28 | Report Abuse

Netx is worse than casino.

wkc5657

289 posts

Posted by wkc5657 > 2020-10-19 17:29 | Report Abuse

be very careful for those that want to chase...already reached most of the IB's target price for 1 year ahead....now definitely in speculative zone and be very quick in your trades as can reverse quickly.

remember, the plant has not been set up and not even a single piece of glove sold, yet the stock price is already pricing in margin contribution?

no doubt they can complete the plant by q2 next year (take note, it is next year), but :
1) they are not producing 3.7B gloves by then, their announcement is just their probable maximum capacity at the site.
2) most likely run at most 3 lines by then, slowly ramping up to 12 in 2-3 years time.
3) realistically, not likely to be profitable at all for their production in q3 and q4 2021. It takes time to fine tune; remember this is a brand new totally unrelated setup
4) don't expect very high margins, their efficiency target is so so at best. 38k pieces per line per hour vs hartalega's 65k, big gap to catch up. The other big boy all at the higher end of 50k.
5) another question is how are they going to find enough labour? Margma already stated quite short handed now, can mah sing employ enough line workers? Their 38k/line/hour doesn't suggest very high levels of automation.

Junqi

155 posts

Posted by Junqi > 2020-10-19 17:31 | Report Abuse

Those of you old enough, rememder the dotcom bubble in the 90s.?

KiwiKing

105 posts

Posted by KiwiKing > 2020-10-19 17:32 | Report Abuse

Declining revenue and profit Y-O-Y from their existing business since 2016.

Gloves not in production yet.

If vaccine gets approve (can be anytime before MS starts producing gloves). Hailat. Sentiment for gloves sure reduce

If they do manage to start producing and covid is not over yet, dont be so happy yet.
Their sales from the property segment might pull down their profit from the sales of glove production.

Tan Sri did mention that he will do a separate listing for the glove segment. Yes, this sounds better, but what you are buying into now is the whole Mah Sing


But I must admit la I regret not buying last week, saw the news, looks good, price not yet shoot up but I did not click the buy button ,damn.

Good luck to all of you with a strong heart.

limitupupup

1,466 posts

Posted by limitupupup > 2020-10-19 17:34 | Report Abuse

come on, share price reflecting the future prospect, not the past not the current. Come tell me why last time GLOVES FLY when pandemic is just started? We can count the forward PE everythg rite. GORENG TETAP GORENG, dont be sour grape for losing out.

speakup

27,047 posts

Posted by speakup > 2020-10-19 17:35 | Report Abuse

what is dotcon bubble?

LA777

3,383 posts

Posted by LA777 > 2020-10-19 17:36 | Report Abuse

Huat arrr!!!!

mita29

1,064 posts

Posted by mita29 > 2020-10-19 17:42 | Report Abuse

IF they dont have enough engineers I can help mah ahhaha, My background is Chem E. Change my current work to help Mahsing! I will make sure the workers are treated and guai guai produce gloves everyday. 100% efficiency. LMAO....

DepecheM

810 posts

Posted by DepecheM > 2020-10-19 17:43 | Report Abuse

This stock when released the news on Thursday afternoon was shouting "buy me"...so if u missed the earlier train...u should blame nobody but yourselves for procrastinating.

Post a Comment
Market Buzz