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 6 hours ago

SimonJB

377 posts

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

tmrw gap up to 1.40, it's NTA, then closing at 1.60....my wishlist

IvanC

669 posts

Posted by IvanC > 2020-10-19 22:33 | Report Abuse

twrw morning confirm gap up scare what la

Posted by Winningpost > 2020-10-19 22:34 | Report Abuse

Tomorrow limit up price is 1.61.
Easy Easy

Posted by Winningpost > 2020-10-19 22:34 | Report Abuse

Sap Sap Sui

Boringguy

1,090 posts

Posted by Boringguy > 2020-10-19 22:37 | Report Abuse

To who keep said mahsing scammer, fake new or just for goreng...

you can read the announcement between MahSing and Luster how different this two company deliver the message venture into glove business.


MahSing make announcement when all the things on table such as:

1. land & factory done
2. in progress supplier for machine...etc
3. fund prepare in advance for diversify into the glove business
4. Company vision.
5. Time frame & pre book ordered

Luster:
1. Joint venture with another company.
2. still identity and negotiation with landlord and factory.
3. Fund via private placement
4. everything still at initial stage but still provide timeline.
5. further announcement to make on the landlord.


which can provide better confident level? you decide yourself.

Posted by InvestNotGamble > 2020-10-19 22:58 | Report Abuse

Guys tomorrow trade with care yea, wish that all retailers can retain their profit. Good luck!

Posted by Bryanlee118 > 2020-10-19 23:06 | Report Abuse

Don't limit up tomorrow I don't want on Wednesday morning counter been suspended

Goldberg

2,916 posts

Posted by Goldberg > 2020-10-19 23:15 | Report Abuse

Mah Sing said its new venture — whose first six glove production lines are expected to be ready by the second quarter of 2021 — will also provide the group access to the global market, thus reducing over-reliance on the domestic market for its property business, which is cyclical in nature.

It added the diversification also will take advantage of favourable long-term prospects of the glove industry as well as the additional demand amid the Covid-19 pandemic.

For now, the glove manufacturing venture is expected to comprise two phases, resulting in its indirect wholly-owned subsidiary Mah Sing Healthcare Sdn Bhd having 24 glove production lines with a total annual capacity of about 7.36 billion pieces of gloves.

About RM150 million in capital expenditure (capex) will be spent for the first phase of its proposed rubber glove venture, which will be funded via internal funds, bank borrowings and sukuk issuance.

Hootbear

64 posts

Posted by Hootbear > 2020-10-19 23:20 | Report Abuse

If the top4 in red tomorrow, u think mah sing will still be this bullish? Think again if if. This is just a pure goreng news. By the time factory is running will be after q2 21. For sure tis hot cake will last for short period.

651158

2,401 posts

Posted by 651158 > 2020-10-19 23:23 | Report Abuse

if factory is running the share must be like top glove rm10.00

Plantermen

2,241 posts

Posted by Plantermen > 2020-10-19 23:31 | Report Abuse

Buy on news.

limitupupup

1,466 posts

Posted by limitupupup > 2020-10-19 23:32 | Report Abuse

HAIYA u say d the show will end very soon, but why not riding on the rocket and profit kaw kaw 1st instead of missing out and become sour grape? I know u cutloss when kena shark cuci keluar and limit up somemore u cant able to buy in just now. Alamakkkk

Hootbear Bodo kepala lu. We shall see la. The show will end very soon.
19/10/2020 10:11 PM

Boringguy

1,090 posts

Posted by Boringguy > 2020-10-19 23:41 | Report Abuse

Ya i also don't want tomorrow limit up... i rather i slowly up 10cent or 20 cents better.... otherwise suspend on wednesday for one day...

gemfinder

6,880 posts

Posted by gemfinder > 2020-10-19 23:41 | Report Abuse

Tomorow confirm red

DepecheM

810 posts

Posted by DepecheM > 2020-10-19 23:58 | Report Abuse

Saw the queue at 1.24 at closing bell? Tomorrow will gap up few sens... whether will pull back wait and see... one thing for sure... holders will see their profits swell more... enjoy the bull run while it lasts.

Ibelieve

1,429 posts

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

Relax bro... Tomorrow sure green... what news is better than this... Muafakat and Umno postpone meeting, glove counters complete their correction last week (many here not genuine glove players so don't act smart), covid cases another history high today... Rumour of emco brewing... Mahsing 40yrs experience in plastic industry and contribute 25% to the group you tot that's a rumour??? And best thing is, some people don't know the difference between plastic and rubber, so let's just lump all as rubber... So what else u need to make tomorrow green? But sure don't hit it to limit-up again, green is good enough

mf

29,191 posts

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

Proton confirms 49 employees in Shah Alam test positive for Covid-19
NATION
Monday, 19 Oct 20208:34 PM MYT

Pcmont123

296 posts

Posted by Pcmont123 > 2020-10-20 00:10 | Report Abuse

最便宜手套股。。。还在等什么。。。买啦!

SimonJB

377 posts

Posted by SimonJB > 2020-10-20 00:13 | Report Abuse

tmrw gap up to 1.40, it's NTA then close at around 1.50-1.55, just slightly below limit up price of 1.61....so wednesday continue to rocket again......wow, what a great run!!

cywk

293 posts

Posted by cywk > 2020-10-20 00:15 | Report Abuse

still can hoot9E?

limitupupup

1,466 posts

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

if close red limpek all in h9e niama qjp hahahahaaaa

SimonJB

377 posts

Posted by SimonJB > 2020-10-20 00:22 | Report Abuse

if you have made profits here earlier then sure still can hoot, why not?? use all the profits made here plus a certain percentage of your capital and hoot it kaw kaw tmrw

blistering

146 posts

Posted by blistering > 2020-10-20 00:31 | Report Abuse

up up and away Mahsing, Glove will put you high above all the property juggernaut!!!....today show will trigger and invite more property investor into Mahsing Counter tomorrow for another huge GAP UP!!!! woooohoooooo

zonedfler

61 posts

Posted by zonedfler > 2020-10-20 02:07 | Report Abuse

People will cry tears who invest in Mahshit

mf

29,191 posts

Posted by mf > 2020-10-20 05:14 | Report Abuse

Remdesivir, Hydroxychloroquine found not effective in Covid-19 treatment
Bernama
/
Bernama

October 20, 2020 00:13 am +0

Posted by jejakagentleman > 2020-10-20 05:41 | Report Abuse

There is possibility for price drop today, over purchased yesterday. Maybe contra players will start to sell today or tomorrow. So just be aware.

Chh9618

120 posts

Posted by Chh9618 > 2020-10-20 06:18 | Report Abuse

Will drop first today ...afterthat up again

Yippy68

1,690 posts

Posted by Yippy68 > 2020-10-20 06:23 | Report Abuse

you made you run you are confirmed a winner.

Yippy68

1,690 posts

Posted by Yippy68 > 2020-10-20 06:26 | Report Abuse

made and run will be the winner

Yippy68

1,690 posts

Posted by Yippy68 > 2020-10-20 06:26 | Report Abuse

dow down 410 points

DepecheM

810 posts

Posted by DepecheM > 2020-10-20 06:27 | Report Abuse

Actually...anything retail investors throw will be well absorbed by sharks...but RSI is also suggesting overbought and may need cooling soon.... IBs may also want to pull their call warrants back to lower levels... means mother has to be pulled back...so newbies.. for safer play ...dun be greedy and punt on call warrants. .. best don't even touch call warrants..

Chh9618

120 posts

Posted by Chh9618 > 2020-10-20 06:29 | Report Abuse

收网了

Chh9618

120 posts

Posted by Chh9618 > 2020-10-20 06:35 | Report Abuse

小心

williamtkb

3,216 posts

Posted by williamtkb > 2020-10-20 07:06 | Report Abuse

IB sold a lot CW at higher price yesterday. Will today triple limit up?

maf1964

466 posts

Posted by maf1964 > 2020-10-20 07:07 | Report Abuse

my fren Gurmit Singh told me Mah Sing is a good counter and many bengali singhs buy this counter becous of the "singh" in its name

Posted by ridzuan2508 > 2020-10-20 07:10 | Report Abuse

will drop today .. be careful.. kuda pun mau rehat maa

Ronaldh

263 posts

Posted by Ronaldh > 2020-10-20 07:24 | Report Abuse

Today gap up after that closing red

Posted by Arsenewenger8383 > 2020-10-20 07:57 | Report Abuse

Few tricks today.. operator will not let the price drop until they reach their TP.. they wont let their hardwork of limit up to closed red today.. they will play FOMO when ppl expect to buy cheap at correction today.. most likely the 1st corection is on Friday.. when TP at 1.70.. let c..

joyvest

10,536 posts

Posted by joyvest > 2020-10-20 07:59 | Report Abuse

lets sing together with Mah sing ................

651158

2,401 posts

Posted by 651158 > 2020-10-20 08:04 | Report Abuse

let see today open price

joyvest

10,536 posts

Posted by joyvest > 2020-10-20 08:07 | Report Abuse

guys,do you belleve in him?



Mah Sing’s hot news - Koon Yew Yin

Investors should not buy it because it will take more than 2 years to start producing gloves and another one year to show profit, assuming its profit from the sale of gloves can cover the losses from its property business.

Covid 19 pandemic is affecting everyone’s movement and all businesses with the exception of medical gloves and medical products for the prevention of the virus.

Usually Investment Banks including MIDF have invested in so many listed companies. Most of their holdings are losing money.

Perhaps MIDF wants to promote Mah Sing because it has too many Mah Sing shares

joyvest

10,536 posts

Posted by joyvest > 2020-10-20 08:08 | Report Abuse

what is the opening price ?

Qlwin88

14 posts

Posted by Qlwin88 > 2020-10-20 08:10 | Report Abuse

Everybody morning,get go party today

Plantermen

2,241 posts

Posted by Plantermen > 2020-10-20 08:10 | Report Abuse

CW sold by various IB's are putting a lid on mother share. Come nearer to expiry dates. Monkey tricks to damper the share price

Posted by mak_kau_hijau > 2020-10-20 08:11 | Report Abuse

see money, take the money

no take money, other ppl will take the money

water fish ppl instead of being water fished by other ppl.

tai yee

697 posts

Posted by tai yee > 2020-10-20 08:14 | Report Abuse

i thought next yr start production by April and profit kick in by Q4! they r not building new factory and new machine, rent from current and start production in shortest time.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-20 08:17 | Report Abuse

For those who took profit, just silent watch the show. Don't talk this that here kacau haha. Don't too greedy wish got second round drop down let you guy in. No one ever know how the market run.

XxxxXzz

684 posts

Posted by XxxxXzz > 2020-10-20 08:19 | Report Abuse

We take our own risk to hold, for those who took profit is safety player, as long as earn profit nothing wrong what kind of investor you are.

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