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

MAX8186

69 posts

Posted by MAX8186 > 2022-08-19 14:47 | Report Abuse

Ex date: 15/9
2.65 sen per share. DY 4.5%. Sounds good to me.

Nepo

3,428 posts

Posted by Nepo > 2022-08-21 07:26 | Report Abuse

Too bad this co involves in glove making

azfar8

975 posts

Posted by azfar8 > 2022-08-24 08:51 | Report Abuse

Yes Nepo. They enter the new industry at the industry's peak. It's good to deversified when their line has already saturated, but venture into the peak season, it's the one that you have to avoid. at that time we have already top four, together with many other glove companies. There are still ways for them, if they want to be back on track with their old line. Sometimes when we are being too creative, we tend to forget the base. Something still can be done in property sector

Posted by Snowpiercer > 2022-08-29 17:59 | Report Abuse

Itchy butt to go into gloves....i guess greed

EVO118

2,148 posts

Posted by EVO118 > 2022-08-30 06:33 | Report Abuse

"Its manufacturing segment, however, posted an operating loss of RM8.99 million as compared to an operating profit of RM6.13 million previously, despite revenue rising 19.52% to RM214.05 million from RM179.09 million, mainly due to lower absorption of overheads due to low production volume at its glove plant. "Barring unforeseen circumstances, the group expects plant efficiency and performance to improve as production volume ramps up,” it said."
https://www.theedgemarkets.com/article/mah-sings-2q-profit-strengthens-achieving-highest-quarterly-halfyear-sales-2017

That is a hell of alot of loss profit (from profit to loss) from gloves that the rest of the segment of business have to cover.

EVO118

2,148 posts

Posted by EVO118 > 2022-09-02 15:16 | Report Abuse

Mah Sing's Erica Phase 3 at Meridin East fully taken up.
https://www.theedgemarkets.com/article/mah-sings-erica-phase-3-meridin-east-fully-taken

singkalin

546 posts

Posted by singkalin > 2022-09-05 15:36 | Report Abuse

Why Mahsing Director never purchase it's own shares.
Not confidence

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2022-09-05 15:44 | Report Abuse

maybe he need to spend money for other purpose instead of buying back share

CHLEONG888

924 posts

Posted by CHLEONG888 > 2022-09-08 07:33 | Report Abuse

Hot stuff, will continue next couple of days?

EVO118

2,148 posts

Posted by EVO118 > 2022-09-08 09:06 | Report Abuse

Malaysia Vs. China, Who Will Win The Glove Race?
https://klse.i3investor.com/web/blog/detail/bfm_podcast/2022-09-05-story-h1628908105-Malaysia_Vs_China_Who_Will_Win_The_Glove_Race

I am sure most of you have listern to this. Fair comment about a property company diversifying into gloves. Guess who? MHO they should sell it off like selling their properties, except it is ready made to go with the property for added value.

EVO118

2,148 posts

Posted by EVO118 > 2022-09-08 09:38 | Report Abuse

Technical indicators are encouraging for Mah Sing, says Apex Securities.
https://www.theedgemarkets.com/article/technical-indicators-are-encouraging-mah-sing-says-apex-securities

singkalin

546 posts

Posted by singkalin > 2022-09-13 19:19 | Report Abuse

Good news but bad price.

Jack888

865 posts

Posted by Jack888 > 2022-09-26 09:41 | Report Abuse

Lower low ... no cure !!

Posted by rulethemarket > 2022-10-11 10:43 | Report Abuse

this should be the rock bottom already?

cedcan

403 posts

Posted by cedcan > 2022-10-19 10:10 | Report Abuse

Go MahSing!

pinetree88

332 posts

Posted by pinetree88 > 2022-10-19 10:23 | Report Abuse

Mah sing also have gloves biz but so far not rally with the glove gang yet. Got in 0.52 today think his turn will come v soon.

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2022-10-27 09:47 | Report Abuse

Buy Call.

Ahboy96

154 posts

Posted by Ahboy96 > 2022-10-29 10:03 | Report Abuse

stuck at high price... thinking to sell and invest into another counter

Posted by ITreeinvestor > 2022-11-03 12:09 | Report Abuse

US stocks end sharply lower as Fed hints at more rate hikes

Posted by scn12345678 > 2022-11-14 15:45 | Report Abuse

When ib give buy call, better you sell, when they give sell call, you better buy ha ha

slumdoge

101 posts

Posted by slumdoge > 2022-11-16 14:53 | Report Abuse

Many buy call, better ignore

James Ng

2,705 posts

Posted by James Ng > 2022-11-17 21:48 | Report Abuse

[转贴] [Video:浅谈MAH SING GROUP BERHAD, MAHSING, 8583] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-11-17-story-h1652052115

11wenhao11

375 posts

Posted by 11wenhao11 > 2022-11-30 17:16 | Report Abuse

Mah Sing Bhd recorded a 32% increase in property sales in the nine months to Sept 30, 2022, which shored up the property developer's revenue and bottomline for the period.

In a statement, the group said its property sales of RM1.69bil, compared with RM1.28bil in the same period las year, was mainly owing to new launches and ongoing projects under its M Series affordable development.

"The strategic focus on M Series affordable developments in recent years has positioned the group well to capture the resilient first-home buyers' market.

11wenhao11

375 posts

Posted by 11wenhao11 > 2022-11-30 17:16 | Report Abuse

For the nine months period, Mah Sing posted a net profit of RM133.27mil, up from RM120.85mil in the same period in 2021. Earnings per share was 4.57 sen versus 3.86 sen in 9MFY21.

Revenue rose to RM1.65bil as compared with RM1.22bil in the comparative period.

By segment, the property development business recorded an operating profit of RM247.5mil on the back of revenue of RM1.3bil, which represented increases of 30.8% and 41.3% year-on-year respectively.

11wenhao11

375 posts

Posted by 11wenhao11 > 2022-11-30 17:16 | Report Abuse

On future plans, Leong said the group plans to launch M Astra in Setapak by 4Q22, while our upcoming developments to be launched include M Nova in Kepong, Phase 3 of M Senyum in Salak Tinggi, Phase 1B of M Panora in Rawang and Meridin East (Jasmine and Erica West) in Johor Bahru.

"We believe now is still a good time for first-time homebuyers to purchase as buying property is the best hedge against inflation and out products are mainly for customers who are buying for own stay," he added.

The group's balance sheet improved with net gearing at a new low of 0.27 times as at Sept 30, 2022.

Mah Sing has a remaining landbank of 1,916.73 acres with a remaining gross development value of RM21.12bil.

MAX8186

69 posts

Posted by MAX8186 > 2022-11-30 21:28 | Report Abuse

Today's volume is extraordinary. It signifies something positive.

Superb99

6,603 posts

Posted by Superb99 > 2022-12-01 00:04 | Report Abuse

I only see last minutes operator ran away like no tomorrow

mf

29,190 posts

Posted by mf > 2022-12-01 00:08 | Report Abuse

Dow Jones

Dow Jones Industrial Average

33,634.45

-218.08

0.64%

CHLEONG888

924 posts

Posted by CHLEONG888 > 2022-12-02 07:08 | Report Abuse

Extraordinary huge volume, will it breaks 0.63 today????

MAX8186

69 posts

Posted by MAX8186 > 2022-12-03 09:29 | Report Abuse

First TP achieved. Next, 0.635. Insyallah, it can break this level. With business getting better and back to normal, a dividend of 4 to 6 sen is possible. It should be back to 2018 prices, ie RM1.10+-

Armageddon

257 posts

Posted by Armageddon > 2022-12-08 15:20 | Report Abuse

Come on ,push it back up to 0.60!!!!

Posted by Jonathan Keung > 2022-12-14 11:54 | Report Abuse

Good qtr result announcement but price still not moving.

Plantermen

2,241 posts

Posted by Plantermen > 2022-12-20 16:15 | Report Abuse

Active new launches, capexp under Mah Sing group, low capital gearing & profitable but the biggest question. Why price still stuck at this price range { 56 - 60} aren't any IB covering or acquiring Mah Sing shares

Posted by Jonathan Keung > 2022-12-21 09:27 | Report Abuse

Buy 56-58 sen mah sing low risk

Posted by Jonathan Keung > 2022-12-21 09:30 | Report Abuse

You won't lose . Worse case scenario lose 5 sen

singkalin

546 posts

Posted by singkalin > 2022-12-22 09:07 | Report Abuse

why cannot move up ???
always goes down

davidkkw79

5,068 posts

Posted by davidkkw79 > 2022-12-23 09:55 | Report Abuse

Mahsing no more business in glove ?

newbie9893

2,366 posts

Posted by newbie9893 > 2022-12-23 10:16 | Report Abuse

All glove counter flying except Mahsing.................... wake up pls....

EVO118

2,148 posts

Posted by EVO118 > 2023-01-04 10:34 | Report Abuse

Mah Sing optimistic about property prospects for 2023.
https://www.theedgemarkets.com/node/650265

Same, same story. Just doesn't reflect in the sp.

MAX8186

69 posts

Posted by MAX8186 > 2023-01-04 20:05 | Report Abuse

Be patient.

winetime

527 posts

Posted by winetime > 2023-01-16 13:18 | Report Abuse

Mahsing slowly getting back on track

EVO118

2,148 posts

Posted by EVO118 > 2023-01-16 20:05 | Report Abuse

Mah Sing Ends 2022 with top accolades, sets higher benchmark for 2023 with minimum RM2.2 billion sales target and hunts for more lands.
https://www.theedgemarkets.com/content/advertise/mah-sing-ends-2022-with-top-accolades-sets-higher-benchmark-for-2023
Just need to walk the talk. Just start showing in the selling price. 0.575 is not helping.

singkalin

546 posts

Posted by singkalin > 2023-01-18 14:11 | Report Abuse

Why share price no benchmark.
Always goes downhill.

EVO118

2,148 posts

Posted by EVO118 > 2023-01-26 06:39 | Report Abuse

Exactly, is this going to ever take off past 0.60? Another $5M loss on the 3rd qtr from their glove experiment. Glove venture has been down from day 1, costing a fortune. When is that ever going to turnaround. Maybe sell the whole lot including the buiding as a package.

CHLEONG888

924 posts

Posted by CHLEONG888 > 2023-02-05 14:47 | Report Abuse

Moving up steady and slowly

hng33

20,510 posts

Posted by hng33 > 2023-02-22 10:29 | Report Abuse

bought mahsing at 59sen

hng33

20,510 posts

Posted by hng33 > 2023-02-27 11:45 | Report Abuse

Expect attractive dividend payout in upcoming Q4 result, dividend 3sen-3.5sen

MAX8186

69 posts

Posted by MAX8186 > 2023-02-27 18:16 | Report Abuse

Insyallah

singkalin

546 posts

Posted by singkalin > 2023-02-28 09:09 | Report Abuse

So glove still loosing money

hng33

20,510 posts

Posted by hng33 > 2023-02-28 14:41 | Report Abuse

sold back at 60.5sen

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