MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.69

Today's Change

0.00 (0.00%)

Day's Change

1.66 - 1.70

Trading Volume

2,471,900


11 people like this.

12,573 comment(s). Last comment by fruitcake 3 minutes ago

mita29

1,064 posts

Posted by mita29 > 2020-10-23 12:45 | Report Abuse

Profit taking correction is normal. no counter limit up forever to moon. NETX is pretty close though, shoot up to RM 5 then crashed back to 0.125. Calvin still so hard sell over there.

greedy44444

2,497 posts

Posted by greedy44444 > 2020-10-23 12:47 | Report Abuse

As a co-founder of Rubberex, I should know the difficulty and time required to construct a new factory to manufacture gloves. With more than 30 years of experience, Rubberex took more than 2 years to complete the construction of the new factory and a few months to test run.

Investors should not buy it because it will take more than 3 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. Just open your eyes you can see there are so many unsold properties in every town and cities in Malaysia. I will take many more years to resolve the problem.

The Covid 19 pandemic is affecting everyone’s movement and income. That is why so many people cannot afford to buy a new house or condo.

In Ipoh I know there are already a few property developers being foreclosed by the banks.

Statistics shows that more than 90 percent of the investors lose money in the stock market. That is why there are so many stupid investors rushing to buy Mah Sing shares.

Hahaha... those who chased MS are stupid investors...KYY

mita29

1,064 posts

Posted by mita29 > 2020-10-23 12:48 | Report Abuse

I wouldn't touch NETX unless they can come up with a tech that everyone around the world must use. USA/EU monopolises TECH stocks sorry Calvin your NETX will remains dead unless getting pumped and dumped.

greedy44444

2,497 posts

Posted by greedy44444 > 2020-10-23 12:49 | Report Abuse

The remaining 10% of the less stupid investors made money in the stock market...hahaha

Foker

1,406 posts

Posted by Foker > 2020-10-23 12:51 | Report Abuse

Greedy is KYY follower? What a joke. The real sorchai are those doing kyy's bidding

mita29

1,064 posts

Posted by mita29 > 2020-10-23 12:52 | Report Abuse

"Rubberex took more than 2 years to complete the construction of the new factory and a few months to test run."

Look at this big beautiful factory, renovation to be completed by next month loh, no need spend 2 years as claimed by KYY.

https://www.malaymail.com/news/money/2020/10/21/mah-sing-starts-additional-piling-works-for-phase-1-of-glove-factory-in-kla/1914865

mita29

1,064 posts

Posted by mita29 > 2020-10-23 12:56 | Report Abuse

it's ok you stay away from Mahsing share, when it corrects to below RM1.00 or 90 cents, Just stay away if you are scared man. There will be less competition to top all. BUT I know you greedy fackers will HOOT9E. LMAO..... bunch of dirty crocs

Posted by NoNonsenseHere > 2020-10-23 12:59 | Report Abuse

-
Supermax's fair price is RM20. RM25 next 3 months. Why?
Because it is still a small company. Maybank market cap is RM80 billion. Supermax's market cap is only 26 billion.
Maybank market cap (80b) is THREE TIMES larger than Supermax (26b) but Supermax defeats Maybank's profits.

Supermax's profits this coming quarter (Oct 28) is expected to hit RM1 billion which is HIGHER than Maybank's RM940 million only previous quarter.
Fantastic.

Hartalega's boss said in an interview:
"Glove supply will not meet demand in next three years"
Supermax's QR on Oct 28 expected to hit RM1 billion easily.

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Posted by NoNonsenseHere > 2020-10-23 13:00 | Report Abuse

-
The naysayers say, "HOW CAN SUPERMAX EARN RM1 BILLION AND ACHIEVE AN EPS OF 37 IN ONE QUARTER?"

The answer:

Supermax's Canada OBM Aurelia Gloves™: https://aureliagloves.com/about/

Supermax OBM Mask BeyondMask™: https://mybeyondmask.com/

Supermax's is earning USD and Canadian Dollars with their own brand marketing and huge production capacity of gloves and masks.

Maybank market cap (80b) (RM940 million profit previous quarter) is THREE TIMES larger than Supermax (26b) (RM1 billion profit Oct 28 QR) but Supermax defeats Maybank's profit.

Foker

1,406 posts

Posted by Foker > 2020-10-23 13:00 | Report Abuse

Still got people listen to KYY who like to manipulate small shareholders? What a joke.

Posted by NoNonsenseHere > 2020-10-23 13:03 | Report Abuse

The real joke here is @Foker.

Foker is the same person who said:


"
Foker
Stock: [GENM]: GENTING MALAYSIA BHD

Oct 22, 2020 11:45 AM | Report Abuse

I was at RM 3.50,then RM 2.90. If go to 1.80 I will use my last breath to defend GENM. I can only see very bright future ahead. People talk shit talk nonsense, I talk also, I say is good, but I use money to prove my confidence. Naysayers should bet against genting malaysia to prove their confidence also
"


Continue to buy GENM when hotels incur billions of losses every quarter for years to come?
Foker - first class clown indeed.

TunDaim

384 posts

Posted by TunDaim > 2020-10-23 13:03 | Report Abuse

HLG also....
Wife cancelled FDs and credit cards with HL Bank today...good lesson to them.

CoolBull

3,675 posts

Posted by CoolBull > 2020-10-23 13:04 | Report Abuse

You do not need to build a spanking new factory from absolute scratch in order to manufacture something

Who says you cannot convert an existing unused warehouse building into a fully functioning factory? Is there a law against that? Nope. Not at all.

All you need are the skills, the machinery, the raw materials & the workers

All of which can be bought & paid for, if you don't have it already

Want2Win

2,553 posts

Posted by Want2Win > 2020-10-23 13:09 |

Post removed.Why?

RISK8888

2,232 posts

Posted by RISK8888 > 2020-10-23 13:09 | Report Abuse

Rubberex took 2 years to build factory cause they cash flow not strong. Ms have strong cash. Building factory can be 10 times faster.

RISK8888

2,232 posts

Posted by RISK8888 > 2020-10-23 13:11 | Report Abuse

See how china build hospital in days and all depends on $$$. Ms have $$$!!!

Foker

1,406 posts

Posted by Foker > 2020-10-23 13:15 | Report Abuse

No nonsense you are the joke. So you bought dpharma? Oh? So you don't think vaccines will come la, so you buy dpharma for what? You are armchair analyst, don't know anything about everything. Sit down there in your empty mind come up with empty figures, and invest based on empty knowledge. Pls vist genm and see the crowd there. GENM is same as Langkawi, forever will have tourist as long as no mco. Hahahaha, see who gets the last laugh

Want2Win

2,553 posts

Posted by Want2Win > 2020-10-23 13:15 | Report Abuse

x pyh build new factory leh

Can use existing warehouse building & refurbish little bit only la

Want2Win

2,553 posts

Posted by Want2Win > 2020-10-23 13:18 | Report Abuse

Semua orang yg mau bikin rumah semua everything sndiri bikin on sndiri tanah kah

Mana ada ini maca punya leh

Very big majority pun beli sudah siap punya rumah leh

Blakang sndiri kasi bikin reno la

CITADEL

1,867 posts

Posted by CITADEL > 2020-10-23 13:20 |

Post removed.Why?

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2020-10-23 13:22 | Report Abuse

Why not

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2020-10-23 13:23 | Report Abuse

There is no law against diversification

CITADEL

1,867 posts

Posted by CITADEL > 2020-10-23 13:23 |

Post removed.Why?

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2020-10-23 13:27 | Report Abuse

Mitsubishi, Samsung, Hyundai, even our DRB, Hong Leong Group, MMC, Berjaya, YTL etc. got a finger in many different pies

No need to hold any grudges against any company for diversifying

It shoud in fact be something to be encouraged

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2020-10-23 13:29 | Report Abuse

Even roadside bawah pokok mamak stall also sometimes diversify into car wash business just next to their place

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2020-10-23 13:30 | Report Abuse

It's all about management & entrepreneurship

Foker

1,406 posts

Posted by Foker > 2020-10-23 13:31 |

Post removed.Why?

Posted by NoNonsenseHere > 2020-10-23 13:32 | Report Abuse

@Foker
I didn't buy any shitty vaccine stocks? Maybe you bought them?
I'm only into stocks with STRONG PROFITS, unlike you clown @Foker.

Foker

1,406 posts

Posted by Foker > 2020-10-23 13:34 | Report Abuse

Lolololol, so you think Langkawi will bankrupt la? So to you, share price is value la? Ok, day trader, pls leave. Here only for investors. This guy see a good stock too cheap means lousy. He see lousy stock selling for 50 pe, means good. Why? Because share price higher ma. Day trader noob fake fraud prerender

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-10-23 13:35 | Report Abuse

SOON MS WILL ANNOUNCE VACCINE LOL

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-10-23 13:35 | Report Abuse

MENTORS GET READY

VenFx

14,784 posts

Posted by VenFx > 2020-10-23 13:37 | Report Abuse

Its interesting to see Mahsing to go BIG For Glove.
That, will provide market additional player in the sector.
Trust mahsing has the best muscle amongth others new players recently.

However, lets do some math,. for both new sun shine : CAREPLUS & MAHSING

Comparing Mahsing s new plan capacity of 3.5 bil vs its number of shares at 2427mil = 1.4pc / shre
While, for the expert medical care glove producer (Careplus)
an additional capacity in 2021 is 2.04bil pcs vs its NOSH of 540 mil shares = 3.78pc / no.share

Apparently, Careplus has a far significantly sterling result in the card.
That alone shall drive careplus another $1.75-3.40 share price increase; at a rough x 15pe and USD15/ profit over 1000pcs.

Dont forget , there are 4.10bil pcs quality glove already in currently production annually.


PERSONALLY,
I LOVE TO SEE CAREPLUS S SHARE PRICE TO HIT $6.50 - $10.00 IN 2 YEAR TIMES.

Plantermen

2,241 posts

Posted by Plantermen > 2020-10-23 13:38 | Report Abuse

Mah Sing { Tan Sri Leong} is a well known business personality in corporate Malaysia. Ploughing 150 million into a new business is no chicken feed { funding from own internal reserve} is something other company pale in comparison. Others will go for bank borrowing's if they have the balanced sheet or share placement and private fundings { if their balanced sheet lacks the resources} just my own take

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2020-10-23 13:43 |

Post removed.Why?

Posted by Arsenewenger8383 > 2020-10-23 13:44 | Report Abuse

Current daily cases at 420k on 22th oct 2020.. 6 months later on 1st april, vaccine already roll out with mass production.. daily cases will drop below 100k per day.. damn.. they r too late to joint the glove market..

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2020-10-23 13:53 |

Post removed.Why?

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2020-10-23 13:57 | Report Abuse

Hopefully you do not end up like that one unfortunate Brazilian AstraZeneca vaccine test study volunteer

jolow

652 posts

Posted by jolow > 2020-10-23 13:59 | Report Abuse

market going to crash. sell and keep cash

Want2Win

2,553 posts

Posted by Want2Win > 2020-10-23 14:01 |

Post removed.Why?

Sailangking

1,912 posts

Posted by Sailangking > 2020-10-23 14:11 | Report Abuse

good news soon.... hold tight

Yippy68

1,690 posts

Posted by Yippy68 > 2020-10-23 14:15 | Report Abuse

PLEASE dont take this forum as battlefield. in six month time, when MS glove still not selling in the market, then we know been con.and taken for a ride.

Posted by money_lov3r > 2020-10-23 14:27 | Report Abuse

What good news? Sailangking

humongainz

882 posts

Posted by humongainz > 2020-10-23 14:36 | Report Abuse

Last call next week limit up at least twice

Boringguy

1,090 posts

Posted by Boringguy > 2020-10-23 14:38 | Report Abuse

my source told me the same next week got show going to happen!!

As i said, mahsing style is done complete only announce.. stay tune!!

OngKawKaw

3,283 posts

Posted by OngKawKaw > 2020-10-23 14:43 | Report Abuse

NA NA NA. PERSONAL SOURCES ALSO LAI LIAO. BOSS TELL YOU KAH?

babystep

11 posts

Posted by babystep > 2020-10-23 14:45 | Report Abuse

plan your trade and trade ur plan..Many time i saw ppl post insider news and nothing happened

Sailangking

1,912 posts

Posted by Sailangking > 2020-10-23 14:46 | Report Abuse

no matter what source. will see MS perform soon!!

SK1200

857 posts

Posted by SK1200 > 2020-10-23 14:51 | Report Abuse

Runn for your life..will back to 75c

dompeilee

11,888 posts

Posted by dompeilee > 2020-10-23 14:53 | Report Abuse

Bye Mah Sing =) See you closer to the next dividend in end-August 2021 =)

Posted by Arsenewenger8383 > 2020-10-23 15:01 | Report Abuse

Hehe.. many still hope it can touch 1.50 again... haha.. wait till next week.. u know what will happen.. today still havr slim chance to cash out above $1.. next week going to be ugly...

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