eventually this counter broke RM1.00 barrier gate today, it is now running towards RM1.20, be patient, hold it firmly and it will reach your goal soon. it is a cash rich company and having strong land bank for future development. in 2024 , it is still a shinning star in housing and industrial developments. buy and hold.
The movement of the chart looks very steady and beautiful, within the 5 years trading periods, the highest price went up to RM1.47 on the 19th October 2020. To break the highest price of RM1.47, it still has room of 35 cts to go up. don't sell and hold it firmly before the ex dividend on 9-5-2024. The counter is slowly crawl up to RM1.20. it will reach this destination soon. Happy trading to all existing investors.
To day the share has reached at 1.27 which is the highest since 20-10-2020. So far the historic highest price for Mahsing for the last 5 years was 1.47 on the 19-10-2020. Before the quoted Ex date for distribution of Dividend of 4% on the 9-5-2024, you may hold it which still has chances to reach 1.50. The above is my personal opinion for discussion only. Early sale and purchase is your own responsiblity. Happy trading.
who are these "analysts"? Young people just graduated from business or finance background. No knowledge of property industry. Have not stepped a foot into the land office, show house etc. They can't grasp the environment surrounding the industry. Sitting inside the office chit chatting and gossiping when free. Are these people qualify to be your guidance to stock investing? Most probably some of them don't even have hands-on experience of buying and selling shares in their lifetime..
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....
EngineeringProfit
20,578 posts
Posted by EngineeringProfit > 2024-03-13 15:37 | Report Abuse
Fully invested here- no fears