MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.69

Today's Change

-0.02 (1.17%)

Day's Change

1.68 - 1.73

Trading Volume

5,060,000


11 people like this.

12,572 comment(s). Last comment by 11wenhao11 1 week ago

Posted by OrlandoOilSemiconT > 2021-03-26 08:26 | Report Abuse

Gloves making nowadays is not labour intensive

Highly automated

Workers r required only to clean d gloves making machineries

Posted by OrlandoOilSemiconT > 2021-03-26 08:30 | Report Abuse

Nothing new to MahSing

Jz like doing plastics

Tony008

124 posts

Posted by Tony008 > 2021-03-26 10:05 | Report Abuse

Look like volume is building up. We need the spark to start the fire for MS star tortoise to run

Posted by noelchia92 > 2021-03-26 10:46 |

Post removed.Why?

Tony008

124 posts

Posted by Tony008 > 2021-03-26 12:34 | Report Abuse

Ecoworld with its superb QR already fly today. Mahsing oh Mahsing, when will be your turn?

singkalin

546 posts

Posted by singkalin > 2021-03-27 12:00 | Report Abuse

What happen Sing Ma. I still trap at Taipei Tower 108.
When can escape.

BestOne

323 posts

Posted by BestOne > 2021-03-29 14:01 | Report Abuse

Come on!!! Time to shine

stkoay

6,490 posts

Posted by stkoay > 2021-03-30 11:52 | Report Abuse

KUALA LUMPUR (March 30): RHB Research Institute has maintained "buy" on Mah Sing Group Bhd at 82 sen with a higher target price (TP) of RM1.02 (from 97 sen) as it foresees the group’s maiden glove manufacturing business to boost its earnings.

She opined that the contribution from glove manufacturing could possibly boost the group’s FY21 earnings by 70% to 80%.

“Given the earnings boost and its 40% dividend payout policy, we expect the dividend per share to amount to 4.6 sen and 6.3 sen for FY21 to FY22, suggesting an attractive yield of 6% to 8%, among the highest in the property sector,” she said, adding that investors should turn more confident in the group’s glove manufacturing business.

https://www.theedgemarkets.com/article/rhb-research-raises-mah-sing-target-price-rm102-venture-glove-manufacturing-business

fregend

584 posts

Posted by fregend > 2021-03-30 12:20 | Report Abuse

wake me up when it hit 0.90

Tony008

124 posts

Posted by Tony008 > 2021-03-30 12:22 | Report Abuse

Mah Sing macam sudah bangun tidur? Go go star tortoise

stkoay

6,490 posts

Posted by stkoay > 2021-03-30 12:49 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/03/30/recovery-in-sight-for-property-market-by-2h21

Possibly the new theme play in the next few months...be early to get on board.

catalan

120 posts

Posted by catalan > 2021-03-30 12:56 | Report Abuse

Still, Choo believes Mah Sing Group and Eco World are attractive because of their relatively cheap valuations and strong management team, and they managed to deliver profits every quarter last year even during the Covid-19 pandemic and movement controls.

“Many bigger property companies reported losses for some quarters, owing to impairments that were larger than their operating income. The outlook for both companies appears to be promising as they launch innovative products at affordable prices. The property market is currently very competitive, whether you are big or small. We believe the key to success is a pro-active management and the right products. It helps that the landbank location is good, too,” says Choo.

https://www.theedgemarkets.com/article/long-road-ahead-property-sector-recovery

Posted by OrlandoOilSemiconT > 2021-03-30 13:37 | Report Abuse

More importantly gloves production is up and running

Smooth sailing

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-03-30 13:38 |

Post removed.Why?

Posted by OrlandoOilSemiconT > 2021-03-30 14:50 | Report Abuse

Still gloves

Due to lots of nut around

MahSing is treated like pariah co for following to do gloves

Not enough tat a couple of millions gloves profit not priced in at all

Tony008

124 posts

Posted by Tony008 > 2021-03-30 15:55 | Report Abuse

Best time to buy now, once official corporate announcement out soon, will fly like last time

RiverOfSilver

2,833 posts

Posted by RiverOfSilver > 2021-03-30 22:05 | Report Abuse

RHB Research raises Mah Sing TP to RM1.02 on venture into glove manufacturing business

https://www.theedgemarkets.com/article/rhb-research-raises-mah-sing-target-price-rm102-venture-glove-manufacturing-business

Tony008

124 posts

Posted by Tony008 > 2021-04-01 11:22 | Report Abuse

Let's go Mah Sing.. I'm coming, faster board the train now

fregend

584 posts

Posted by fregend > 2021-04-01 11:33 | Report Abuse

Good solid company, plastic, property and gloves, tp Rm1 soon

5231428

616 posts

Posted by 5231428 > 2021-04-01 11:37 | Report Abuse

This April glove production start.

BestOne

323 posts

Posted by BestOne > 2021-04-01 13:08 | Report Abuse

Start to shine and fly up like a rocket .. tp 1.0 or more lorr

GengSaham

203 posts

Posted by GengSaham > 2021-04-01 13:16 | Report Abuse

Nice

5231428

616 posts

Posted by 5231428 > 2021-04-01 15:08 | Report Abuse

mahsing has awaken from deep sleep.

singkalin

546 posts

Posted by singkalin > 2021-04-01 15:18 | Report Abuse

When to announce dividend??

Jack888

865 posts

Posted by Jack888 > 2021-04-01 15:56 | Report Abuse

Bullish now..next week 95 CTS and above.

Posted by OrlandoOilSemiconT > 2021-04-01 17:42 | Report Abuse

Gloves profit starting to b priced in

winsteady

46 posts

Posted by winsteady > 2021-04-02 09:21 | Report Abuse

today should be go down

Jack888

865 posts

Posted by Jack888 > 2021-04-02 10:16 | Report Abuse

Dividend to announce soon ??

Tony008

124 posts

Posted by Tony008 > 2021-04-02 11:20 | Report Abuse

1st roadblock at RM0.90, star tortoise can break it today?

AnTuTu

22 posts

Posted by AnTuTu > 2021-04-02 11:26 | Report Abuse

https://www.mahsing.com.my/in-the-news

Glove production will start this april. Get ready!!

singkalin

546 posts

Posted by singkalin > 2021-04-02 16:40 | Report Abuse

Glove production will start or already started ???
Anyone can update.

AnTuTu

22 posts

Posted by AnTuTu > 2021-04-02 16:53 | Report Abuse

Dont know. But on MahSing official page. They state that 2Q 2021

AnTuTu

22 posts

Posted by AnTuTu > 2021-04-02 16:55 | Report Abuse

If yes. So get ready guys!! TP 1.0 above.

AnTuTu

22 posts

Posted by AnTuTu > 2021-04-02 16:57 | Report Abuse

Price down. Time to collect more

kimsui7364

101 posts

Posted by kimsui7364 > 2021-04-02 18:09 | Report Abuse

ON Apr 15 MS glove will start production...

singkalin

546 posts

Posted by singkalin > 2021-04-03 19:08 | Report Abuse

Next quarter only can see the results.

Posted by OrlandoOilSemiconT > 2021-04-05 10:32 | Report Abuse

Gloves profit very certain no nid to c QR to know

Tony008

124 posts

Posted by Tony008 > 2021-04-05 12:07 | Report Abuse

Bursa is always sell on news, buy on rumors. Once the glove production news is officially out, then will be buying on future factor-in price.
Now is consider safe to park my investment in Mah Sing.
Not forgetting their core business is still in property development, which in general have pick up in recent months. Once our vaccination for mass public had started, this will be the catalyst for property sector

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-04-05 12:52 | Report Abuse

Can close 90 cents then cun cun...

Jack888

865 posts

Posted by Jack888 > 2021-04-06 09:51 | Report Abuse

Coming bullish...

AnTuTu

22 posts

Posted by AnTuTu > 2021-04-07 17:39 | Report Abuse

Close green today. MahSing aim to become top 5 on glove manufacturing. Fly my little MS, fly!!!

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-04-07 17:43 | Report Abuse

Warming up

bestoobest

100 posts

Posted by bestoobest > 2021-04-07 19:12 | Report Abuse

is there any prospect for mah sing to venture into glove business

Jack888

865 posts

Posted by Jack888 > 2021-04-08 09:44 | Report Abuse

cross 0.89 then I buy more..

lcng123

1,126 posts

Posted by lcng123 > 2021-04-08 10:27 | Report Abuse

In full operation of 12 production line, Mah Sing glove business can record revenue 800mil/year. With profit margin 30% (refer to other glove operators as guideline), net profit 240mil, EPS 9.9sen. With profit margin 20%, net profit 160mil, EPS 6.6sen

Tony008

124 posts

Posted by Tony008 > 2021-04-08 10:31 | Report Abuse

MS follow the glove rally trend already...Bring it on for the glove production news

Tony008

124 posts

Posted by Tony008 > 2021-04-08 10:34 | Report Abuse

Let's break RM 0.90 today and fly

fregend

584 posts

Posted by fregend > 2021-04-08 12:43 | Report Abuse

Buy now before official glove production news out

lcng123

1,126 posts

Posted by lcng123 > 2021-04-08 13:56 | Report Abuse

I trust the capability of MS management. Look forward to see their glove business result

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