Posted by 5231428 > 2021-04-24 10:02 | Report Abuse

Mahsing is the best manage x

Posted by BuffetOnWeed > 2021-04-24 10:03 | Report Abuse

@jonathan 2 productions line for now. But by end of Q2 they adding more. And by year end they will have 12 double lines already. It's quite quick. If u calculate the speed of them able to add lines so quickly, u will see their potential to maybe 3-4x the number of lines they will have from end 2021 to end of 2022. The growth potential is there because good management and subsidiaries that help the business with construction, logistics, supply chain, material sourcing etc. Unlike other glov companies that constantly need alot of contractors to settle for them.

Posted by 5231428 > 2021-04-24 10:04 | Report Abuse

This company full of potential just watched the run up.

Posted by BuffetOnWeed > 2021-04-24 10:05 | Report Abuse

@david Gunter atleast they still can make profit. Majority of companies all loss making companies.

Posted by BuffetOnWeed > 2021-04-24 10:10 | Report Abuse

I am expecting more local money to flow into stocks, why? Because covid cases going up. Money form other sectors will flow out and back into gloves. That's just how money flows. If u are a surfer, ride with the wave

Posted by AnTuTu > 2021-04-24 10:11 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/04/23/klci-holds-firm-as-glove-shares-stay-bullish

Posted by greedy44 > 2021-04-24 11:44 | Report Abuse

Beware of heavy selling next week as IBs will try to pull down the share prices as many called warrant going to expire soon just like what happened to Topglov and Supermx share prices early this month.

Posted by Rotty > 2021-04-24 12:18 | Report Abuse

Finally seeing some $$ on MahSing.

Talking about gloves.
I do deal with gloves and what I can say is that the demand for gloves remained strong and as a matter of fact there's shortage in local market hence glove prices are quite expensive( 3-4X than usual price)

Posted by Zrenxy > 2021-04-24 12:34 | Report Abuse

Monday mah sing will up to rm0.10 again

Posted by Zrenxy > 2021-04-24 12:34 | Report Abuse

Next TP in 3 months time rm1.60

Posted by 5231428 > 2021-04-24 12:35 | Report Abuse

Looks like mahsing start manufacturing gloves at the right time, very promising stock.

Posted by stkoay > 2021-04-24 13:35 | Report Abuse

NTA....RM1.42

Pre Covid, before 2018, stock was trading around RM1.50

This year property sales target 1.6B
https://klse.i3investor.com/blogs/AmInvestResearch/2021-02-26-story-h1541912590-Mah_Sing_Group_Targeting_new_sales_of_RM1_6bil_for_FY21.jsp


Gloves...cost USD36-40 per 1000
.........orders at hand price USD85-115
......by year end production will be 3.68B pieces

.....at a very conservative profit of USD20 (post covid)
....profit will be about RM300M...EPS 12.4 sen
....at PE 10 times, gloves alone is already RM1.24...excluding it's property and plastic manufacturing.

Posted by Start_0f_the_bull > 2021-04-24 13:37 | Report Abuse

Good calculation stkoay. Tq.

Posted by gladiator > 2021-04-24 13:46 | Report Abuse

Without glove if property recover Mahsing should worth 1.40

Posted by 5231428 > 2021-04-24 14:18 | Report Abuse

Mahsing is cash rich more than 1 billion.

Posted by DreamEmperor > 2021-04-24 14:26 | Report Abuse

Positive news

Posted by DreamEmperor > 2021-04-24 14:27 | Report Abuse

Very good

Posted by Penthouse > 2021-04-24 14:30 | Report Abuse

The direction of MS seems to be very bright

Posted by stkoay > 2021-04-24 14:45 | Report Abuse

Prior to 2019, yearly dividend was 6.5 sen and higher.

At current price, it yields 6+ %.

With additional contribution from gloves, can expect dividend to be much higher for 2022 onwards..
...the company dividend policy is 40% payout

Posted by Imnoobonly > 2021-04-24 15:20 | Report Abuse

Lets ride together with this horse...

Posted by DreamEmperor > 2021-04-24 15:22 | Report Abuse

Yeeehaaah

Posted by Navigation7 > 2021-04-24 17:38 | Report Abuse

https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfRL/rl.cfm

Establishment Registration & Device Listing: MAH SING HEALTHCARE SDN BHD MALAYSIA
Polymer Patient Examination Glove - MS Glove
Latex Patient Examination Glove - MS Glove

Posted by stkoay > 2021-04-24 17:42 | Report Abuse

https://markets.businessinsider.com/news/stocks/jpmorgan-jamie-dimon-stocks-crash-warren-buffett-advice-market-timing-2021-4-1030335915

Posted by stkoay > 2021-04-25 12:49 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/04/24/opportunities-in-equities

TA Research expects property earnings to be underpinned by the country’s economic recovery, low interest rate environment, and supportive government measures.

“We believe housing market recovery is imminent and expect developers to record an encouraging sales growth of 16% and 10% in 2021 and 2022, respectively, ” it says.

Posted by 5231428 > 2021-04-25 12:52 | Report Abuse

Latest India daily cases 349,691 and deaths 2767 highest daily deaths cases todate.

Posted by bestoobest > 2021-04-25 13:04 | Report Abuse

should we sell or hold the mahsing share

Posted by 5231428 > 2021-04-25 13:05 | Report Abuse

Mahsing new glove player in the market, tomorrow gap up.

Posted by BuffetOnWeed > 2021-04-25 13:08 | Report Abuse

Market sentiment is Corona getting worst. So I am quite sure more money from other sectors will flow back into glove. I already pull everything from other sectors. Mah sing and other glove stocks is a buy for me

Posted by 5231428 > 2021-04-25 13:27 | Report Abuse

People stay safe vivid is spreading like wild fire.

Posted by 5231428 > 2021-04-25 13:55 | Report Abuse

The world covid trend is on the uptrend,no signs of dropping in the near term .

Posted by 5231428 > 2021-04-25 14:03 | Report Abuse

Latest Mahsing new kid in the block by the Eagles

Posted by Zrenxy > 2021-04-25 15:07 | Report Abuse

Mahsing to reach TP Rm1.60

Posted by DreamEmperor > 2021-04-25 15:09 | Report Abuse

Whoa

Posted by DreamEmperor > 2021-04-25 15:09 | Report Abuse

Like that vely good loh

Posted by 5231428 > 2021-04-25 15:15 | Report Abuse

Mahsing will move up gradually slow and steady.

Posted by BuffetOnWeed > 2021-04-25 15:24 | Report Abuse

Tp only when next peak of Corona. Just stay tight. Corona getting worst. U sell also no point, where u want to pump your money in?

Posted by BuffetOnWeed > 2021-04-25 15:25 | Report Abuse

Gloves are going to go up, everything else going to crash again. I am expecting another trading halt and banning of short selling again. Rip

Posted by chopstick > 2021-04-25 15:30 | Report Abuse

potential counter, dun miss it

Posted by stkoay > 2021-04-25 15:34 | Report Abuse

It takes time for improved fundamental to price in the share price.

Going forward, longer term, share price should move significantly higher due to property recovery play and contribution from gloves...even if ASP for gloves drop back to pre covid level...it is still an ADDITIONAL profit, which has not been fully priced in yet.

Posted by 5231428 > 2021-04-25 15:56 | Report Abuse

Contra players not for this counter.

Posted by stkoay > 2021-04-25 16:01 | Report Abuse

Yes, correct.

If you look back the historical movement for past few months....after a wave up, it will consolidate for sometime......

Posted by BuffetOnWeed > 2021-04-25 16:24 | Report Abuse

World wide cases making crazy all time highs, yet glove still not. Put the two together, makes sense that this sector is totally undervalued right now.

Posted by BuffetOnWeed > 2021-04-25 16:25 | Report Abuse

Glove stocks will make a second bigger wave up

Posted by 5231428 > 2021-04-25 17:02 | Report Abuse

Deffernately a bigger wave than before, for sure.

Posted by DreamEmperor > 2021-04-25 17:12 | Report Abuse

yah kah

Posted by DreamEmperor > 2021-04-25 17:12 | Report Abuse

phewyyohhh

Posted by Bgt 9963 > 2021-04-25 19:53 |

Post removed.Why?

Posted by TedTock > 2021-04-25 20:33 | Report Abuse

Agree with your view stkoay. It’s still early days for mahsing so that makes it a good time to start collecting. Not for day traders.

Posted by BuffetOnWeed > 2021-04-25 21:58 | Report Abuse

This counter still consider quiet. Soon more people will join. All still waiting at loby

Posted by stkoay > 2021-04-25 23:10 | Report Abuse

NAPS RM1.42

The only "glove stock" that trades below it's NTA.