MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.68

Today's Change

-0.03 (1.75%)

Day's Change

1.68 - 1.71

Trading Volume

5,596,000


11 people like this.

12,576 comment(s). Last comment by fruitcake 3 days ago

ocpd

762 posts

Posted by ocpd > 2020-03-24 23:25 | Report Abuse

yes faster sell

Posted by Fabien "The Efficient Capital Allocater" > 2020-03-24 23:26 | Report Abuse

by the way, for your information, there are plenty of companies that are cash rich with zero debt. some with cash position more than 50% of market cap

guess you need to look harder dude...

and one more thing, don't let the share price influence your stance so easily

jackson88

412 posts

Posted by jackson88 > 2020-03-26 10:20 | Report Abuse

Any idea why Mah Sing shares going up almost 10% today? Should I sell today? Anyone can advise?

jackson88

412 posts

Posted by jackson88 > 2020-03-26 10:23 | Report Abuse

Now up about 18%. Can it hit limit up today? Anyone have info cause I bought 12,000 lots in last 7 days. Should I sell?

alexsee

1,349 posts

Posted by alexsee > 2020-03-26 10:34 | Report Abuse

12000 lots = 1,200,000 units x RM0.39 = RM 468,000.. congrats.. rich already :)

jackson88

412 posts

Posted by jackson88 > 2020-03-26 10:38 | Report Abuse

I bought average about 34.5sen. There is dividend at 3.35sen in September. Should I sell now?

alexsee

1,349 posts

Posted by alexsee > 2020-03-26 10:44 | Report Abuse

i bought RM0.365 yesterday.. i will wait about RM0.5 then only sell... unless you have no confident then just take profit and sell..

jackson88

412 posts

Posted by jackson88 > 2020-03-26 11:03 | Report Abuse

Probably u are right. The volume very high. Someone big is buying

alexsee

1,349 posts

Posted by alexsee > 2020-03-26 11:09 | Report Abuse

i can see they are still waiting to push up 0.4 above.. high chance..

Posted by liewwl2004 > 2020-03-26 11:14 | Report Abuse

Be careful in volatile.markets. please check the announcement on bursa. Huge disposal a few days back

alexsee

1,349 posts

Posted by alexsee > 2020-03-26 11:17 | Report Abuse

that fund not just dispose Mahsing but also many counters.. i like volatile, if no big drop, where got big up? same things.. it can big up, then big drop.. the scare thing is no movement at all.. trade at your own risk

jackson88

412 posts

Posted by jackson88 > 2020-03-26 11:56 | Report Abuse

That fund is Urusharta Jamaah which took over Tabung Haji shares. It is unloading shares everywhere. Almost everyday. But I saw announcement they already finish selling Mah Sing 2 days ago. Maybe this is the reason why share go up as no more big sellers

jackson88

412 posts

Posted by jackson88 > 2020-03-26 11:58 | Report Abuse

I just bought 1000 lots just now at 38.5sen

jackson88

412 posts

Posted by jackson88 > 2020-03-26 11:58 | Report Abuse

Hope can goto 50sen

alexsee

1,349 posts

Posted by alexsee > 2020-03-26 15:31 | Report Abuse

ecoworld already 23% up with no dividen.. this mahsing still doesnt want break 0.4 .. ok wait

jackson88

412 posts

Posted by jackson88 > 2020-03-27 09:08 | Report Abuse

Alexsee, Mah Sing going to reach 50sen soon. Already up 15% this morning

alexsee

1,349 posts

Posted by alexsee > 2020-03-27 11:51 | Report Abuse

congrat, jackson !!!

jackson88

412 posts

Posted by jackson88 > 2020-03-27 12:36 | Report Abuse

Alexsee, I bought a little bit just now at 41.5sen. Around 2000 lots. Just to average it up. Draw down my housing loan to buy. Hopefully will reach 50sen and I will celebrate

jackson88

412 posts

Posted by jackson88 > 2020-03-27 12:50 | Report Abuse

I also bought some E&O at 38sens just now. Dividend is 3sens.

alexsee

1,349 posts

Posted by alexsee > 2020-03-27 13:06 | Report Abuse

wah.. jackson you are so rich... i am poor just buy a little.. if got profit, i will sell some first to take profit, .. cos you really dont know the market..

jackson88

412 posts

Posted by jackson88 > 2020-03-27 14:42 | Report Abuse

I’m not rich. I’m using my life savings to buy. Made some money in 1999. Then 2008. And waited until now. Not many chances in life

jackson88

412 posts

Posted by jackson88 > 2020-03-27 14:42 | Report Abuse

This is the 3rd crash I have seen. Maybe my last

jackson88

412 posts

Posted by jackson88 > 2020-03-27 14:43 | Report Abuse

So far, I only bought 3 counters.....bought E&O just now. This counter not yet go up

jackson88

412 posts

Posted by jackson88 > 2020-03-27 14:44 | Report Abuse

E&O also got 3sen dividend ..::almost 8% yield at 38 sen

alexsee

1,349 posts

Posted by alexsee > 2020-03-27 16:26 | Report Abuse

i just sold some at 0.42.. will buy back if drop below 0.37

Foker

1,406 posts

Posted by Foker > 2020-03-28 15:33 | Report Abuse

Jackson why buy Mahsing? Property sector won't recivet for very long

Foker

1,406 posts

Posted by Foker > 2020-03-28 15:33 | Report Abuse

Recover*

Foker

1,406 posts

Posted by Foker > 2020-03-28 15:34 | Report Abuse

So many good shares out there at much cheaper valuation. Mah Sing won't be seeing earnings growth for many years to come because of high rise glut.

Foker

1,406 posts

Posted by Foker > 2020-03-28 15:36 | Report Abuse

With RM 83000, you can buy for example a hundred lots of Aeon Credit that is has good prospects and solid business.

Foker

1,406 posts

Posted by Foker > 2020-03-28 15:37 |

Post removed.Why?

Keyman188

5,968 posts

Posted by Keyman188 > 2020-03-28 15:42 | Report Abuse

Diversify...diversify...diversify...no matter consumer sector...banking sector...construction sector...or property sector....

If good management with proven records + dividend payout consistent...

This counter also not bad (at least now Mah Sing divert more on mass market)....

My personal stocks pick....SP Setia...SimeProp...Mah Sing...Ecoworld...

If this counter can come down coming soon around 0.310 & below, no harm to pick up some for long term.....kekeke.....

jackson88

412 posts

Posted by jackson88 > 2020-03-28 16:56 | Report Abuse

AEON is still expensive ....at most can only double my money. I want at least 300% to worth the time

jackson88

412 posts

Posted by jackson88 > 2020-03-28 16:58 | Report Abuse

And also must have at least 8% dividend yield. Both Mah Sing & E&O give 3.35sen and 3 sen (around 9% yield). There is another counter Lotte Chemical Tital with RM4billion cash and 7% dividend yield. But price already go up. Miss the boat to buy at RM1 last week. Now RM1.20

ocpd

762 posts

Posted by ocpd > 2020-03-29 04:15 | Report Abuse

Why choose Mah Sing? For me mainly lowest debt and highest cash reserve among all property counters, so when things go really bad, all competitors will die out and Mah Sing will emerge as monopoly. Most importantly, also management with strong integrity!

bahai4453

2,297 posts

Posted by bahai4453 > 2020-03-29 13:21 | Report Abuse

Waiting to sapu Mah sing below 0.30 ! Good prospect property counter. Can keep for year end benefit.

Keyman188

5,968 posts

Posted by Keyman188 > 2020-03-29 17:23 | Report Abuse

Sian lorrr....

No IDSS until 30/04/20...

No margin call until 30/03/20...

So how to catch the fall knight again !!!....

ocpd

762 posts

Posted by ocpd > 2020-03-30 05:44 | Report Abuse

totally agree, should let short sellers and margin calls continue so can grab more at RM0.20!

jackson88

412 posts

Posted by jackson88 > 2020-03-30 08:24 | Report Abuse

Yes, should allow them to sell or force sale. Anyone want to sell cheap should not stop. Free market. This is the only way for people like us to buy

alexsee

1,349 posts

Posted by alexsee > 2020-03-30 10:56 | Report Abuse

can drop back to 0.3 ah.. can buy some back after sold all mine at 0.42

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2020-03-30 11:34 | Report Abuse

Its good time to collect high dividen defensive stock ......... Dividen of 11-11.8% per year.

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2020-03-30 11:36 | Report Abuse

if share price drop to 0.35 .... u still getting the dividen of 11-12%. Company NTA is 1.44. Super mega sales now + good dividen. Better than keeping your money in bank

alexsee

1,349 posts

Posted by alexsee > 2020-03-30 12:03 | Report Abuse

how much of dividen will be given by company is depend on their earning.. i believe most of company will adjust their dividen payout lower according to their share price.. mostly they will control to 6%..

jackson88

412 posts

Posted by jackson88 > 2020-03-30 12:04 | Report Abuse

Just placed order for 5000 lots at 38.5sen. Hope there is sellers

jackson88

412 posts

Posted by jackson88 > 2020-03-30 12:04 | Report Abuse

Bought 2000lots earlier at 38sen

jackson88

412 posts

Posted by jackson88 > 2020-03-30 12:05 | Report Abuse

This company already declare 3.35sen dividend. Waiting for AGM approval and payment in September

alexsee

1,349 posts

Posted by alexsee > 2020-03-30 12:17 | Report Abuse

5000 lots = 500,000 units .. wow

jackson88

412 posts

Posted by jackson88 > 2020-03-30 12:24 | Report Abuse

Yes, I have bought more last week. Lowest was 30.5sen (1800 lots)

jackson88

412 posts

Posted by jackson88 > 2020-03-30 12:25 | Report Abuse

Using up my housing loan to buy. Cheaper than buying a house. House price don’t go up so fast

jackson88

412 posts

Posted by jackson88 > 2020-03-30 12:26 | Report Abuse

I am also trying to buy E&O. But not much sellers. This company also have 3sen dividend + RM500mil in cash

Stockhunter85

1,006 posts

Posted by Stockhunter85 > 2020-03-30 12:39 | Report Abuse

Good jackson88 .... property stock already to the price range during 2008 crisis. Time to collect those with good dividen

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