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 4 hours ago

cax1814

104 posts

Posted by cax1814 > 2020-10-20 12:17 | Report Abuse

买银行股死,买博彩股死,买REIT 死,买产业股死,油股也死。
你们卖了Mahsing,要买什么?
都是买回手套医疗股,慢慢起慢慢赚 !
至少不会像其他那样,一买就慢慢跌给你死 !

sunnyleong

307 posts

Posted by sunnyleong > 2020-10-20 12:20 | Report Abuse

Cheap stock. Buy buy buy, all in!!! See those who sell? Like cry baby.

Goldberg

2,916 posts

Posted by Goldberg > 2020-10-20 12:22 | Report Abuse

HLT - a smallish glove manufacturer ( 1 bil pcs per annum) is currently trading at Rm1.86.

I don't see why MS should be traded lower.

MS - ( phase 1 @ 3.8 bil pcs p.a.) should be valued at least Rm3.80-when the production commence.

MS long term target 30 bil pcs per annum.

Miracles

1,014 posts

Posted by Miracles > 2020-10-20 12:24 | Report Abuse

Once clear 1.4 everyone will rush back in again.

sunnyleong

307 posts

Posted by sunnyleong > 2020-10-20 12:25 | Report Abuse

5 min more. After 2.30pm no more chance to buy cheap stock. All in!!!

Posted by gardenia123 > 2020-10-20 12:25 | Report Abuse

profit taking is well absord, after or tommorrow will go up another level.

651158

2,401 posts

Posted by 651158 > 2020-10-20 12:25 | Report Abuse

today maybe close at rm1.60

Sailangking

1,912 posts

Posted by Sailangking > 2020-10-20 12:25 | Report Abuse

noon got show.... horse show...

cax1814

104 posts

Posted by cax1814 > 2020-10-20 12:26 | Report Abuse

That’s why I said, buy and keep for around one year.
During this coming 6-9 months, if you sell glove and medical share, turn to other sectors share, u will regret!

cax1814

104 posts

Posted by cax1814 > 2020-10-20 12:27 | Report Abuse

Unless now u earn, and can sabar don’t buy share anymore, hahah

Miracles

1,014 posts

Posted by Miracles > 2020-10-20 12:27 | Report Abuse

They lock the price within the range of 1.30 to 1.40 for reaccumulation before pushing up to limit up.

stkoay

6,491 posts

Posted by stkoay > 2020-10-20 12:27 | Report Abuse

This is a long term growth stock.....property + plastic + gloves...good management.....40% payout for dividend.....

Posted by LuckyWinner > 2020-10-20 12:27 | Report Abuse

CHINA !

mita29

1,064 posts

Posted by mita29 > 2020-10-20 12:31 | Report Abuse

"Vaccine may only be 50%", so don't forget to wear mask in public area, wear PPE if you are healthcare workers and practice good hygiene even when you are vaccinated. https://www.npr.org/sections/health-shots/2020/09/12/911987987/a-covid-19-vaccine-may-be-only-50-effective-is-that-good-enough

BigPro

688 posts

Posted by BigPro > 2020-10-20 12:32 | Report Abuse

Gradually the price will move higher to 2.00 then 3.00,,,, 4.00 and stabilize at 5.00

lfccrew84

236 posts

Posted by lfccrew84 > 2020-10-20 12:33 | Report Abuse

After profit taking still maintain at 1.33 - 1.36 ok lah..

cax1814

104 posts

Posted by cax1814 > 2020-10-20 12:34 | Report Abuse

This is Mahsing, not talk talk or Milo tin company hor....

mita29

1,064 posts

Posted by mita29 > 2020-10-20 12:34 | Report Abuse

Vaccine is less effective IF YOU ARE OBESE (eg AMERICANS) https://www.npr.org/sections/health-shots/2019/11/24/782079520/excess-weight-can-weaken-the-flu-shot

Goldberg

2,916 posts

Posted by Goldberg > 2020-10-20 12:36 | Report Abuse

MS should also produce vinyl/plastic gloves in addition to examination nitrile gloves.
------------------------------------------
This is a long term growth stock.....property + plastic + gloves...good management.....40% payout for dividend.....

No wonder big funds collecting.

cax1814

104 posts

Posted by cax1814 > 2020-10-20 12:36 | Report Abuse

I bought 0.95, planning to keep 6 months. won’t sell anymore.
I know after sold, don’t know buy what share else !

mita29

1,064 posts

Posted by mita29 > 2020-10-20 12:37 | Report Abuse

SO china vaccine will be effective on chinese ppl who are mostly not obese, but it will not be so effective on fat angmo......

DreamGuardian

1,169 posts

Posted by DreamGuardian > 2020-10-20 12:41 | Report Abuse

Mah Sing continues to rally in active trade, exceeding analysts' TPs as buying interest continues

https://www.theedgemarkets.com/article/mah-sing-active-much-1855-buying-interest-continues

Goldberg

2,916 posts

Posted by Goldberg > 2020-10-20 12:48 | Report Abuse

No worries to demand side of the gloves.
--------------------------------------
For H1N1 and H5N1 lasted 5 yrs. For Covid which is far more serious, we expect the duration will be much higher than H1N1. It will be structural changing and a huge long term impact can be seen. Margma project a 60% increase from 270 to 430 bil in the yr 2022. Mercator projected a 500bil demand by 2022 in the latest report. We expect a minimum 5 yrs crest formation at least. lasting to 2025.

GOOD timing by MS to diversify in to GLOVEs manufacturing.

TS Leong is a brilliant businessman.

Cyrogx6

183 posts

Posted by Cyrogx6 > 2020-10-20 12:55 | Report Abuse

siao liao la u guys, idk who trade this counter, but good luck to u, by the time Mahsing start selling covid might be over in 1-2 years time. Why want to trade this counter when there are other smaller glove player that is ALREADY producing gloves ?

many will kena trap.

menort

1,006 posts

Posted by menort > 2020-10-20 13:01 | Report Abuse

Quickly sell dont hold. This is stupid con loss making counter.

How foolish they try to manipulate the newbies retailer. They want to start glove next 2 year to complete. Pulling everyone with this glove stunt. Very stupid next 2 year covid end and glove less demand. Check glove price before and after pandemic.

Posted by mak_kau_hijau > 2020-10-20 13:06 | Report Abuse

even if the factory already ready, where Mah Sing want to find the thousand of Banglas & Nepalese to fill up the positions?

factory ada, worker tarak, how to make gloves lar?

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2020-10-20 13:08 | Report Abuse

Haha i know is a trap but mah sing is quite a good company, right other than glove?

IronShirt

3,178 posts

Posted by IronShirt > 2020-10-20 13:16 | Report Abuse

The biggest Con-Man are actually Bankers...giving high Tp without having MahSing producing
One piece of Glove. Didnt produce data to show whether there is Any profitability Or Not...given
there are 500 Chinese launch Glove factories coming online...even TopGlove will be PN17 in
2 years time

gemfinder

6,880 posts

Posted by gemfinder > 2020-10-20 13:17 | Report Abuse

Those chased cinfirm kena in d afternoon

Boringguy

1,090 posts

Posted by Boringguy > 2020-10-20 13:19 | Report Abuse

HLB analysis.... this is how different Mah Sing venture into the glove segment and market buy already confident on it sumore mah sing already receive letter of intent form various buyers.

Proposed expansion. 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). The CAPEX for Phase 1 is estimated to be no more than RM150m, whereby our pro-forma net gearing is implied to increase to 0.28x from 0.24x as of 2QFY20 (assuming perpetual securities are treated as debt). In the long run, the Group intends to gradually expand up to 100 glove production lines.

""Note that management as already received letters of intent from various buyers for nitrile gloves of up to 9.41bn pieces, which should more than sufficiently cater to its planned production lines.""


about worker no need so worry lah...

Mah Sing is who ? property top 5 player.... they sure a lot contractor with worker..
property segment slow down... those worker can convert to glove segment got work plus win win situation..

Now market situation is changing, if not act fast or adopt new work environment how to survival...
at least, mahsing move to glove and those worker can join plus still got income..

Foker

1,406 posts

Posted by Foker > 2020-10-20 13:28 | Report Abuse

I warn you again, stop manipulating the market through social media. I know you share syndicate is operating with multiple accounts and posting the same negative message. From Calvin to real estate to ironshirt to menort. These are all accounts operated by the same share syndicate. Cease your activity or face the music

Foker

1,406 posts

Posted by Foker > 2020-10-20 13:29 | Report Abuse

Even a 5 years old can see the same pattern behind these accounts.

Foker

1,406 posts

Posted by Foker > 2020-10-20 13:31 | Report Abuse

Just notice they keep using the same keyword, conman, loss making, one piece of glove, 2 years factory, etc. These are operated by the same share syndicate. Even though none of the above are true.

Foker

1,406 posts

Posted by Foker > 2020-10-20 13:32 | Report Abuse

Really need to launch an review and see who is behind the concerted actions.

HappyStar

57 posts

Posted by HappyStar > 2020-10-20 13:39 | Report Abuse

Yes, the loser syndicate trying to suppress the price so they can re-enter the market. Let's see. Price will close at RM1.50. Nameo-horengekyo.

JayC88

898 posts

Posted by JayC88 > 2020-10-20 13:40 | Report Abuse

a bit concerned as this counter have many call warrants with one expiring soon - worried you-know-who might suppress the price soon.

e. g. the infamous Kari report

then again, enjoy the ride and hope it breaks rm2 soon!

JayC88

898 posts

Posted by JayC88 > 2020-10-20 13:40 | Report Abuse

and today's movement is good, slow and steady. pls avoid 2 days limiting up, then the 3rd day can only go down.

Posted by hohlaiyet88 > 2020-10-20 13:42 | Report Abuse

Just need to know, Mahsing company good reputation is fact. Not like ABC company. It got abilities to handle from manpower to productions. It already enough confidence to hold the shares to go more higher.

JayC88

898 posts

Posted by JayC88 > 2020-10-20 13:43 | Report Abuse

just ignore calvin posts - most of the time are nonsense anyway. mass shout buy calls in numerous penny counters, a few of them went up then claim credit while forgetting those which made losses. his netx was an epic failure.

menort

1,006 posts

Posted by menort > 2020-10-20 13:45 | Report Abuse

To all newbies retailer better sell now dont wait.

Mah Sing just want to ride on glove theme. If they serious they venture today quickly setup glove not glove factory ready in next two year. Next two year pandemic gone you think a loss making counter Mahsing want to continue produce glove?

This is a con job trying to lure newbies retailer in time of cmco.

Every year always hear loss making counter make fake announcement.

Hope many of you still here next hear and can see why every year a loss making company will make fake announcement drama.

Posted by Kendo Ken Hz > 2020-10-20 13:47 | Report Abuse

Boss is profiting n gambling his credibility"""..

Posted by wallstreetrookie > 2020-10-20 13:49 | Report Abuse

More people call SELL the share price will go up. Sharks monitoring forum. Easy pattern

Posted by Kendo Ken Hz > 2020-10-20 13:51 | Report Abuse

Mahsing vaccines biz is next announcement soon

mita29

1,064 posts

Posted by mita29 > 2020-10-20 14:06 | Report Abuse

mahsing has not had a single quarter with negative net profit/loss SMH these ppl love to singalan

lfccrew84

236 posts

Posted by lfccrew84 > 2020-10-20 14:09 | Report Abuse

Some ppl are very toxic and bitter...all wana make money only what..don't be so greedy la diu

lfccrew84

236 posts

Posted by lfccrew84 > 2020-10-20 14:11 | Report Abuse

Just coz wanna buy low low, WTF u earn abit less but u end up pushing the counter up which makes u get profit also..walao some ppl sei kiamsiap not your money also we play with hard earn $$ la

lfccrew84

236 posts

Posted by lfccrew84 > 2020-10-20 14:16 | Report Abuse

Why care about what might happen with MS glove venture la, they got $$ if they wanna venture into ayam business also let them them venture laa! u in stock to play for profit ride the wave a set your T9 and get out la! No need to be so toxic

651158

2,401 posts

Posted by 651158 > 2020-10-20 14:19 | Report Abuse

afternoon maybe can up to rm1.5

Chh9618

120 posts

Posted by Chh9618 > 2020-10-20 14:20 | Report Abuse

Another good n cheap healthcare counter is LKL

651158

2,401 posts

Posted by 651158 > 2020-10-20 14:21 | Report Abuse

let together to push up

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