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 2 hours ago

aiyooo

174 posts

Posted by aiyooo > 2020-10-20 17:11 | Report Abuse

cold eye is true investor , tis old cock talk cock only tg super pe price so high still ask buy want goreng only ma because his buy low, so don say many la old cock we know u is goreng kaki talk wat invest

Yippy68

1,690 posts

Posted by Yippy68 > 2020-10-20 17:12 | Report Abuse

@AudiQ7, you are totally right. how to rob customer from the big four. deposit collected till next year end.

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-10-20 17:15 | Report Abuse

I’m strong as a long-term investor as well as a contra/day trader. I never panic. I look at 80% fundamentals and trade 20%. Good luck

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

stkoay Good consolidation....514M shares (21% of issued shares) traded from 1.16 to 1.47.....

Shares changed from weak hands to strong hands.....

Very bullish sign....
20/10/2020 5:11 PM

Do you mean "bullish", reversal in a day. meaning disposal a.k.a pump and dump, right?

Minimi4

10 posts

Posted by Minimi4 > 2020-10-20 17:17 | Report Abuse

@gardenia123 im on ur side. hate to say this.... But our gomen is (@_@)

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

Added 1.19, seems like still got upside

Posted by deathscythe > 2020-10-20 17:23 | Report Abuse

DonWorryBeHappy Added 1.19, seems like still got upside
Good luck bro. You may need to wait for some time to get it higher or never. Gloves also require FDA approval.. Hmm...

stkoay

6,491 posts

Posted by stkoay > 2020-10-20 17:28 | Report Abuse

After 2 days of strong gain, profit taking is healthy.
It needs time to digest the gain, built a strong base at current level for the next leg up.

During the initial uptrend of all the gloves...they went through the same volatility.

Goldberg

2,916 posts

Posted by Goldberg > 2020-10-20 17:28 | Report Abuse

MS surged from 72 sen to rm1.47 is a 3 day steep climb, a slight pullback is much welcomed before resuming its uptrend.

The good news is that market accepting MS as a glove counter- the best sector to be in currently.

Chowsoon7

20 posts

Posted by Chowsoon7 > 2020-10-20 17:29 | Report Abuse

kuda naik ... kuda turun bukit... esok naik gunung tahan

Luckybull

399 posts

Posted by Luckybull > 2020-10-20 17:34 | Report Abuse

Nanti Tak boleh tahan. Lol

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-20 17:34 | Report Abuse

Goldberg, am glad you're making an impact in this counter at least. People accepting Mah Sing as a Glove coUnter ? When they hav'nt even laid the foundation stone for the factory ?

AWESOME.

Posted by marketpulse > 2020-10-20 17:35 | Report Abuse

Buyers beware and at your own risks, Mahsing has got large number of marketing ppl and one of the most aggressive budget for pr and advertising, so very buddy with Media and IB banks managers, just based on its properties launches and sales , keep on selling same project, until CCC, Or collect keys still got units,..many smaller plastic manufacturers and also property developers have surpassed mahsing, not disclosing the names here, ppl may think l bad mouth , or sour grapes..or recommend other counters, No, just my 2c worth, wants to eat salted fish must be willing to stand the salt

stkoay

6,491 posts

Posted by stkoay > 2020-10-20 17:41 | Report Abuse

The old man who owns a lot of other gloves stock so kiasu.....trying to talk ppl not to profit from investing into a good stock.

....LOL

Hooi369

657 posts

Posted by Hooi369 > 2020-10-20 17:44 | Report Abuse

last time kyy ask dont buy supermax....then next day what is hes post ya?

ask u buy right?
so why trust others ppl post?why not trust yourself le?

market or IB also wont so stupid help KYY pump any stock he hold eh lo...thats reason why those he bought mia he will said he dont have...
those he sold mia he ask u buy lo...

Posted by ooiooiooiooiooi > 2020-10-20 17:46 | Report Abuse

now is on pilling stage, according to insider, they need to up everything and run production by April 2021.. Total size is 300k sqft appx.. up to u guys believe it can operate by that time not. But Tan Sri always do MAGIC .. if he want, can rush for it, previously they able to rush one showroom in 7 days.. 24 hours non stop.

Regarding the price, guess should be stagnant, if want enter wait until production start first

Hooi369

657 posts

Posted by Hooi369 > 2020-10-20 17:46 | Report Abuse

why u so confident?

because when he ask buy comfort dont buy supermax..
i hoot supermax...lol...then said bye bye to ah pek...

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-20 17:47 | Report Abuse

No worry, unlikely limit down tomorrow.

Hooi369

657 posts

Posted by Hooi369 > 2020-10-20 17:48 | Report Abuse

MS 300k sqft VS luster 60K sqft?
tenant agreement signed vs land acquire on-going with land lord


u choose...lol

Friendship

1,616 posts

Posted by Friendship > 2020-10-20 17:51 | Report Abuse

It’s almost certain tomorrow it’ll drop below 1.00 due to T+2

Posted by ooiooiooiooiooi > 2020-10-20 17:52 | Report Abuse

Is already started pilling for the factory . Definitely on going

Posted by gardenia123 > 2020-10-20 17:58 | Report Abuse

Malaysian Investment Development Authority chairman Datuk Abdul Majid Ahmad Khan presenting Miti’s interim approval for the manufacturing licence for surgical, examination and other gloves to Mah Sing’s founder and group MD Tan Sri Leong Hoy Kum and Mah Sing’s group strategy and operations director Lionel Leong yesterday.

Manufacturing license also obtained

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-20 18:01 | Report Abuse

Sure, Oiling started. Let the cement dry first

hzq123

50 posts

Posted by hzq123 > 2020-10-20 18:13 | Report Abuse

helo dato can i sleep tonight

hzq123

50 posts

Posted by hzq123 > 2020-10-20 18:14 | Report Abuse

pls i cannot tahan anymore
im going to explode
shot shot
to stress go up down but with you
kam shot

hzq123

50 posts

Posted by hzq123 > 2020-10-20 18:15 | Report Abuse

@morpheus61 impossible to dry out
im too wet with mahsing and you

stkoay

6,491 posts

Posted by stkoay > 2020-10-20 18:24 | Report Abuse

Newly discovered.....fresh from the oven....

.....just like the Big 4 during the month of May this year.

DLLM99_kyy

920 posts

Posted by DLLM99_kyy > 2020-10-20 18:28 | Report Abuse

Hi All, believe all see my name put DLLM_KYY,
each time when I bought genuine stock this sohai KYY must come and disturb..

Hence, that's why I decided to put DLLM99_KYY

it means, Diu Lei Lou Mou 99 , Koon Yew Yin.

Fukujin

115 posts

Posted by Fukujin > 2020-10-20 18:40 | Report Abuse

On why you shouldn't be to concerned about glove production in China.

Those ramp up in extra capacity won't be coming on board at least end 2023

https://www.thestar.com.my/business/business-news/2020/06/25/ramp-up-in-china-nitrile-glove-output-not-a-threat

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-20 18:42 | Report Abuse

Warrant Current Price Exercise Price Ex. Ratio Expiry
MAHSING-C22 1.18 0.72 1 30-Nov-20 Issuer : Maybank
Issue size : 100,000,000 Warrants
Issue Price : RM 0.15 (RM 15 Million on issue)

Don't fool yourselves. The price of MahSing 5 days before 30th November will be RM 0.72 or below. This sky high spike is for the IBs to make more money.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-20 18:42 | Report Abuse

MAHSING-C22 Overview
Security Code: 858322
Security Name: MAHSING-C22: CW MAH SING GROUP BERHAD (MIBB)
Type: CALL WARRANTS
Board: STRUCTURED WARRANTS
Listing Date: 03 Feb 2020
Maturity Date: 30 Nov 2020
Issue Price: MYR0.1500
Number of Shares: 100,000,000
Exercise Level: MYR 0.7200
Conversion Ratio: 1:1
Underlying Stock:
MAHSING
Price Premium (%): 4.24
Gearing Ratio: 2.31

Posted by Perfectinvestor > 2020-10-20 18:51 | Report Abuse

Good and healthy sign, MS shares moving from short term traders(weak hands) to long term investors(strong hands)

lamy92

745 posts

Posted by lamy92 > 2020-10-20 19:08 | Report Abuse

Shark sell today tomolo buy back counyer vaccine.. Is coming from china on november..

JayC88

898 posts

Posted by JayC88 > 2020-10-20 19:18 | Report Abuse

Morpheus61
exactly what i was trying to point out earlier today! i was worried as this counter has a few call warrants, with c22 expiring soon. anyone's guess how this will play out so don't chase high peeps... probably better to let it retrace first before buying in.

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

OVERSOLD !

goh188

32 posts

Posted by goh188 > 2020-10-20 19:24 | Report Abuse

My donkey told me to avoid.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-20 19:27 | Report Abuse

jayC88, your handle looks like a call warrant :). All this hype was just that. The Structured Warrants are the bane of KLSE. They must stop. There are plenty of Investors who just put awll their life savings here in the hope of making something more than what the bank pays them. Only to have the bank itself take even that away

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-20 19:29 | Report Abuse

To top it all, they make it sound very honorable. Their explanation for Structured Warrants is ' To provide traders with more opportunity to trade'. Show me one such instrument that has earned the final holder on expiry any money.

sunnyleong

307 posts

Posted by sunnyleong > 2020-10-20 19:35 | Report Abuse

Those who lost money maybe a lot. Be positive. Dont think liao. Just let it past. Tomorrow is always a better day.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-20 19:37 | Report Abuse

sunnyleong, you and me are not the cause. The IB are. Stop the Warrants and we will have a much more healthy Investment environment

JayC88

898 posts

Posted by JayC88 > 2020-10-20 19:57 | Report Abuse

agreed. they push the mother up to sell the son, once the son reach dizzying heights, they take profit from the mother and that's it... which is why always be careful on counters with call warrants. if you decide to play the call warrants, always always take profit and do not be greedy - it will not last. then again, i still feel mahsing mother shares are worth keeping for long term, those who had bought low ignore the noises while those who havent enter, don't chase high.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-20 20:04 | Report Abuse

jayC88, that's the key point. Bought low.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-10-20 20:05 | Report Abuse

You'll be shocked at the number of Warrants there are on KLSE. The money the issuers make is mind boggling. Who pays for that? The common Investor.

Friendship

1,616 posts

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

Don’t be greedy
Run fast
Mahsing is poised to go down below 1.00

i3lurker

14,460 posts

Posted by i3lurker > 2020-10-20 20:27 | Report Abuse

Excellent Pump to Dump

well executed to transfer shares to Bilis

651158

2,401 posts

Posted by 651158 > 2020-10-20 20:28 | Report Abuse

like this see mashing is game over lo

sarawakian

292 posts

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

if not wrong, the gap 2 days ago will be closed first b4 any higher price can achieve

imvu

7,888 posts

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

game baru nak mula.. ingat jerung-jerung dalam mahsing tu.. tak kaji dulu market sentimen ke.. sebelum masuk dalam sektor glove.

imvu

7,888 posts

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

mereka nak buat spike setinggi yang boleh :)

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