Mah Sing Group Berhad is engaged in investment holding and provision of management services. The Company operates in two segments: Properties and Plastics. Its Properties segment is engaged in the investment, construction, management and development of residential, commercial and industrial properties. Its Plastics segment is engaged in the manufacture, assembly and sale of a range of plastic molded products. On January 19, 2011, it acquired Elite Park Development Sdn Bhd. On August 23, 2011, the Company acquired Major Land Development Sdn Bhd. In April 2011, it purchased 206 acres of freehold land in Johor Bahru to develop Mah Sing i-Parc. In November 2010, it acquired 61 acres of freehold land in Penang Island to develop residential homes, Ferringi Residence, Penang and purchased five acres of freehold land in Kuala Lumpur to develop M-City, Jalan Ampang. During the year ended December 31, 2010, it acquired the remaining 30% interest in Vienna View Development Sdn Bhd.
bsngpgAiyoh! Another 1.5 months, you will be given div RM76=3.3% on rm2300. About the rate of FD, not too bad lah.
In Q1FY14, rev and PAT grew by 52% & 21% respectively. Mgt has delivered an outstanding job. Movement of share price is not part of their Job Description.
bsngpgIn fact, comparing to Mahsing, Huayang can give you more exciting return on your investment. You may consider it. I had moved some money from Mahsing to Huayang some time ago but Mahsing still remains at the top seat in my portfolio.
sephirothstart of the new bull run, gear 0.5 only, gear 1, 2.40
Dan Danielstart moving... those not yet buy... it is never too later... target price is 2.5