Government owned entities tend to underperformed compared to thier peers. Look at UDa, Sp setia { after Tan Sri liew exit} sime prop etc property and big ticket items suffer during pandemic
Tahu punya orang mesti tahu. Tak tahu punya orang lama lama mesti tahu. Sudah tahu punya semua diam diam. Jual beras curi beras, beler lembu, lembu hilang..... Atas sampainya bawa semua saudara saudari. Sama-sama untung, company macam mana nak cari untung?
Hari Raya holiday coming too... You think Mahsing will keep on up or go down...
Mahsing is good to accumulate for 2-5 years, but then, why buy when Mahsing is expensive... Buy Mahsing when the price is cheaper.. Profit then, will be higher...
Robert Kuok says one must have GUTS to make it..! FV for Mah Sing is RM1.22 according to earlier research house recommendations Mah SIng has over RM 1 billion in cash and cash equivalent. They have lots of land banks in startegic location. The dividend yield is currently about 10% based on current price ... last dividend paid RM0.045 Sept 2019.
Many developers are already asking government to relax the RPGT and lower the threshold for foreign buying...
Just buy and keep... imagine, with EPF selling ( you can look above in the DISCLOSURE icon ), Mah SIng is supported at 0.44-0.45 ... once the selling is done, Mah Sing will climb in tandem.
Other property stocks have started to move slightly... IOIPG, UEMS, SIMEPROP....
Results will be out after Raya for 1st Qtr 2020 which is traditionally property sales are good for 1st quarters each year.. ( you can check the qtrly results for most property companies ) due to bonus received and CNY mood...
Last but not least... always the same story when it reaches higher... " should have.. "
Warren Buffet says.. buy in a business you understand, be greedy when others fear, strong fundamentals....
Greenland, Mah Sing dividend is 3.35sen. Yes, it is one of the high dividend yield counter for property. Another is E&O at 3sen (40sen counter). Just need to hold for long term for big gains (at least 200% and above)
Yup. Long term don't expect a v shape recovery. Maybe 2021 or 2022 when pandemic is less severe. We are facing a economic, political uncertainty plus a pandemic outbreak { treble whammy} for the first time. BIG ticket items will be worst hit
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my friend working at bank told me bank give home loan ,need 30% down payment 100 customer submit loan approved 3 customer only. bank difficult approved loan
For long term investment, mah sing for sure can earn money.. high dividend yield..low price now.. Once the price go back to RM0.90. It’s a 100% profit..
this counter will keep drop, bank will not give loan so easily to new developed project. Somemore market will flood with lelong house ( most of it is new project). Let face the truth, if u want buy house u look for new project house or lelong house which is much cheaper ??
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....
ocpd
762 posts
Posted by ocpd > 2020-05-10 16:43 | Report Abuse
sorry, i have no confidence in spsetia and simeprop since they are now malay-owned ... ioiprop maybe?