why when market is going up and Mah Sing is going down.. sad to see that. And, Mah Sing is now categorized as glove company only rather than construction and glove company.
Moderna vaccine will be out end of the mth (cnn). China vaccine will follow suit and followed by astrazeneca. I think u are seeing tail end of the glove rally. Just too bad mah sing started late .
Mah sing { Tan Sri Leong } broaden it's earning base into 4 segments. Properties, construction, plastic and healthcare . TG s us to ensure earnings remain positive { due to properties cyclical nature }
@mitchu u think “got” vaccines and virus control immediately? Where is Russia Sputnik V vaccine that we shouted during August? Everybody think all gloves finished that time, do gloves die already?
Those who so naive thought covid 19 will disappear soon can check the history of smallpox. This smallpox took almost 200 years to be eliminated after vaccine come out. Those brain got water one will only think Covid 19 will disappear in 2 month or 2 years
Those who so naive thought covid 19 will disappear soon can check the history of smallpox. This smallpox took almost 200 years to be eliminated after vaccine come out. Those brain got water one will only think Covid 19 will disappear in 2 month or 2 years
I need to reiterate again. I think those think covifvwill go away after factory is built not only brain got water, got oil some more.
With or without the vaccine antibodies. the new norm is to use gloves both in the medical, industrial and commercial sector. Demand will be strengthen and stable in the coming next 2 or 3 years. ASP may drop but still a viable and Profitable long term venture {just like durian farms }
Despite a muted outlook for the property sector, she still likes Mah Sing as she expects its recent venture into gloves manufacturing to boost its earnings significantly in FY21. Besides, she also believes that it could be the potential beneficiary of stamp duty waiver for first time home buyers for the period 2021-2015 due to its strategy of launching affordable housing.
Build a factory from ground take long time, but Mahsing start with ready factory land and build include machine installation will able to start run around April consider one of most efficient way among new entrance. They have good skill in connect utilitise like natural gas, electricity and water supply which is critical for gloves industry. Labour wise tining is right with recent gov new foreign labour policy special approved inlegal worker
Mah Sing just like 4 big gloves 20 years back. But now he have the market machine fabricator in mature stage. Not like old days, trial and error. New machine are more efficient and cost advantage.
Mah Sing glove has the experience of CEO and leadership team to ensure the new glove business will succeed. I doubt AT , a loss making company that their leadership team can make it a real success.
US hit a new record daily 170,000 covid infections. This pandemic covid outbreak wont go away at least for another 1-2 years. Even with a vaccine not everybody would get the jab
pls..avoid libellious, slanderous and defamatory statements...this is www forum..serious effect...if being sued..will cost your life fortune..criminal and civil liability...hope the agrieved individuals dont read this forum...or else... just standby your lawyer...
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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....
kd88
203 posts
Posted by kd88 > 2020-11-12 12:51 | Report Abuse
Yesterday confirmed case +613k