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Overview
Financial Highlight
HeadlinesBusiness Background Mah Sing Group is a Malaysia-based company that is primarily engaged in three segment: properties, plastics, and investment holding and others. The properties segment, which accounts for the majority of the company's sales, invests in and develops residential, commercial, and industrial properties. The plastics segment manufactures, assembles, and trades various plastic moulded products. The investment holding and others segment is engaged in investment holding operations, provision of property management services, and trading of building materials. Mah Sing Group generates most of its sales from the domestic Malaysian market.
  ChloeTai I have seen gohkimhock No 2 position in I3 Stock Pick Contest 2024. Most gain from KGB-WB and MahSing. MahSing is a strong fundamental stock. I have bought my first batch of MahSing stocks at 1.78/1.79. Still got 4 more batches to buy at appropriate time and price. 02/07/2024 5:49 PM ChloeTai MahSing has successfully secured the 500MW power supply from TNB for its 20% Joint Venture with BridgeData Centre of 150 acre Data Centre in Southville City in Selangor. 02/07/2024 6:02 PM ChloeTai Now: RM1.79 Target prices: RHB: RM2.26 Aminvest: RM2.09 TA Research: RM2.05 MIDF: RM1.94 Kenanga: RM1.87 03/07/2024 8:15 AM  speakup 45 minit to go...........ARE YOU READY FOR CASINO DE BURSA???? Get ready to BET! Bet small, win small Bet Big, win Big! Ini kalilahhhhhh! All in! 03/07/2024 8:20 AM 11wenhao11 Mah Sing’s fair value uplifted on Taman Desa project potential https://themalaysianreserve.com/2024/07/10/mah-sings-fair-value-uplifted-on-taman-desa-project-potential/ 10/07/2024 5:58 PM 11wenhao11 😅😅 https://themalaysianreserve.com/2024/07/15/residents-object-to-mah-sing-high-rise-project-on-former-desa-water-theme-park-land/ 16/07/2024 5:38 PM  paperplane https://www.sinchew.com.my/news/20240718/metro/5771780?fbclid=IwZXh0bgNhZW0CMTEAAR1BYWwXlkLY-xPZvAQGaUs4KIS_idP1CbMvAk5VuuSjC6ro85F1kXJtDBc_aem_4HQPgXlKb_rT2oUk_qCfSg 19/07/2024 12:58 AM  Michael Kwok Sell call mahsing 1.86-1.88 The bullish run juat too long without major correction. 31/7/24 11am 31/07/2024 10:59 AM  gohkimhock this Michael Kwok so noob. Today is 31/7/24. Later Tan KW will post the i3 stock pick competition results for July 24. Let you guys see his position. 31/07/2024 11:08 AM Michael Kwok Dear mr goh U have a pity 24 follower.wahhh 24 follower.means less helping people.me 280 follower.i dun use ai or any software but mr goh use 3-4 stock market software with 5-8 computer.i use only 1 computer and 1 smart phone. Somemore mr goh,pity to tease people like tht.in competition and in reality not the same. Ai and software guided investment,mr goh say he good.Pity people,eventhough u rich.hear u got rm 10-20 million in ur account.why dun u talk,and i learn.last in competition dun means anything.the real thing,i make money. 2/8/24 6.40pm Posted by gohkimhock > 2 days ago | Report Abuse this Michael Kwok so noob. Today is 31/7/24. Later Tant the i3 stock pick competition results for July 24. Let you guys see his position. 02/08/2024 6:43 PM Michael Kwok Duh,u see u see.many say i talk cock when i say sell,sell.or reduce holding.or turn to lalala when i say sell. 5/8/24 9.46pm. 05/08/2024 9:46 PM gohkimhock @MichaelKwok you are making a mockery out of yourself. Which stock never come down on black Monday? Try shorting MahSing if you have balls.. 06/08/2024 10:41 PM 11wenhao11 Mah Sing has completed the acquisition of the 500-acre M Legasi freehold township in Semenyih and M Legasi is anticipated to have a gross development value (GDV) of RM3.3 billion 💰 https://www.nst.com.my/property/2024/08/1087173/mah-sing-completes-500-acre-semenyih-land-deal 09/08/2024 7:32 PM  calvintaneng RISE OF DIESEL PRICE BY 52% CAUSED PROPERTY, CONSTRUCTION AND OTHERS CUT INTO THEIR PROFITS, BETTER BUY EAST MALAYSIA OIL PALM STOCKS DUE TO NO DIESEL PRICE SPIKE, Calvin Tan https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-16-story-h-154165970-RISE_OF_DIESEL_PRICE_BY_52_CAUSED_PROPERTY_CONSTRUCTION_AND_OTHERS_CUT_ BE CAREFUL 16/08/2024 8:43 AM gohkimhock Palm oil counters? Go fly kite la. Cost of harvesting is almost 3k. Not far from its current market price. As for properties, it is the best safeguard against inflation. 16/08/2024 4:49 PM 11wenhao11 OPR is expected to decrease after the Fed cuts interest rates. This is good for property stocks 19/08/2024 11:42 AM gohkimhock PETALING JAYA: Mah Sing Group Bhd has posted a strong eight-month sales performance of RM1.66bil, putting it on track to meet its minimum annual sales target of RM2.5bil. The property developer said the sales were driven primarily by its M Series, which attracted strong interest from first-time home buyers. Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the group remains committed to meeting the evolving needs of the market. “With plans to further expand our M Series and introduce new offerings, we are well-positioned to continue our upward trajectory and achieve our 2024 objective,” he said in a statement. He added the group is on track for a strong financial year 2024 (FY24) performance, supported by RM2.43bil in unbilled sales. The group’s data centre portfolio is expected to further enhance long-term earnings through recurring income and value unlocking opportunities. For the second quarter ended June 30, 2024 (2Q24), Mah Sing recorded a net profit of RM60.21mil or an earnings per share (EPS) of 2.37 sen. This was an improvement from the RM50.48mil net profit or EPS of 2.08 sen it registered in 2Q23. Revenue for the period was however down 10.2% year-on-year to RM578.39mil. For the cumulative six months of the year (1H24), Mah Sing posted a net profit of RM120.26mil or an EPS of 4.84 sen against earnings of RM100.53mil or an EPS of 4.14 sen in 1H23, while revenue dipped to RM1.14bil from RM1.29bil in 1H23. Its balance sheet remains healthy with RM911.5mil in cash and bank balances and investment in short-term funds, as well as a low net gearing of 0.10 times as at end-June 2024. Mah Sing has secured land with nearly RM10bil in new gross development value, ensuring sustainable earnings visibility. It has fresh cash flow of about RM500mil, which is periodically generated from vacant possessions. 01/09/2024 1:53 AM 11wenhao11 Mah Sing to make huge gain from Johor land https://www.thestar.com.my/business/business-news/2024/09/03/mah-sing-to-make-huge-gain-from-johor-land 05/09/2024 2:47 PM  | |
