Many glove investors who invested into Supermax, Top Glove, Rubberex and others might be worried as such investors may sell down their holdings to buy Mah Sing which is at cheaper entry price. Imagine if you have bought Top Glove at 5. You need to sell all and convert to Mah Sing at 1.40.
Comparing top glove with Mah Sing?You gotta be kiddding me...Mah Sing show me your glove..just 1 pair is enough to buy your share..goreng sampai garing
Management got No direction next year so they Con / made up story about Glove Making. It takes 3 years to start a Factory (2024). Even as First Glove Out from MahSing factory, Covid was Got 2 years Ago in 2022. Anyway, syabas to Management for boosting Share Price
AudiQ7 Comparing top glove with Mah Sing?You gotta be kiddding me...Mah Sing show me your glove..just 1 pair is enough to buy your share..goreng sampai garing.
Ans: Why so angry ! Why you care so much glove is ready or not ,come here to make money ma,those enter day before yesterday,yesterday, all of them laughing to bank.
Mah Sing Group - A Valuable Venture Date: 20/10/2020
Source : HLG Price Call : BUY
We remain positive Mah Sing’s venture into the gloves business as it diversifies its earnings base from being reliant towards the property market which is experiencing a slowdown. Ideally, Mah Sing would be able to tap onto its expertise and know-how of its regional plastics business in order to synergize with this potential venture. We increase our FY21/22 forecasts by +47.6%/+63.4% respectively as we now impute the earnings impact of the glove venture into our estimates, while lowering our FY20 earnings forecast by -10.3%. Maintain BUY
Positive on glove venture. We remain positive Mah Sing’s venture into the gloves business as it would not only help insulate Mah Sing’s revenue stream from the downturn in the property market but also allows the company to ride on the increased global demand in gloves moving forward.
Well established manufacturer. The manufacturing and exports business is not new to Mah Sing. In fact, Mah Sing has over 40 years of experience in this business since it first started as a Plastics Trading business back in 1965. The sales breakdown of its operations in Malaysia comprises of 60% local and 40% export to over 45 countries (top 5 export markets include Singapore, Thailand, Indonesia, Vietnam and Philippines). Meanwhile, its Indonesian operation (65%-owned subsidiary) caters to clients such as Mercedes Benz, Nissan, Suzuki, Mitsubishi, Daihatsu, and Panasonic. We were made to understand that the process flow for the gloves business is rather much similar to that of the plastics business with the only difference being gloves requiring a dipping process as opposed to plastics requiring an injection moulding process. Ideally, Mah Sing would be able to tap onto its expertise and know-how of its regional plastics business in order to synergize with this potential venture.
Mah Sing would be able to tap onto its expertise and know-how -------------------------------------------------------------- The process flow for the gloves business is rather much similar to that of the plastics business with the only difference being gloves requiring a dipping process as opposed to plastics requiring an injection moulding process. Ideally, Mah Sing would be able to tap onto its expertise and know-how of its regional plastics business in order to synergize with this potential venture.
Posted by AudiQ7 > Oct 20, 2020 10:11 AM | Report Abuse
Good luck...sadly many will get stuck in this goreng counter
Ans:Be happy and made your money when opportunity approaching ! Late comer always gets stuck ,even you buy Top Glove at high price and all of a sudden covid 19 disappeared, the price will collapse immediately . At the moment Top Glove price is 3X9.55 =28.65 ringgit but around the month of feb it was pricing at 4 ringgit above.Would you think the price will remains the same or go higher if covid 19 disappear? The owner Tan Sri will say good words but Mr. market will tell you the truth ! So ,made your money,don't wait !!!!!!!!!!!
MS - A Well established manufacturer. ----------------------------- The manufacturing and exports business is not new to Mah Sing. In fact, Mah Sing has over 40 years of experience in this business since it first started as a Plastics Trading business back in 1965. The sales breakdown of its operations in Malaysia comprises of 60% local and 40% export to over 45 countries (top 5 export markets include Singapore, Thailand, Indonesia, Vietnam and Philippines). Meanwhile, its Indonesian operation (65%-owned subsidiary) caters to clients such as Mercedes Benz, Nissan, Suzuki, Mitsubishi, Daihatsu, and Panasonic
Proposed expansion - To Start production on April 2021 ---------------------------------------------------- To recap, Mah Sing has proposed 2 phases in its initial venture, with each phase comprising of 12 new gloves production lines yielding 38k pieces of gloves per production line per hour (or a total of 3.68bn pieces p.a.). The installations will be carried out at c.2 lines per month from Apr 2021 to Sep 2021 (Phase 1) and Oct 2021 to Mar 2022 (Phase 2)
With or without Vaccine Demand of GLOVES to increase.
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....
651158
2,401 posts
Posted by 651158 > 2020-10-20 09:41 | Report Abuse
t+2 and t+3 already sell all share ,we just buy it lo and wait increase to rm5.00