Highlights
KLSE : MAHSING       MAH SING GROUP BHD
Last Price Today's Change   Day's Range   Trading Volume
2.45   +0.01 (0.41%)  2.45 - 2.50  806,900

Overview

Board:Main Market
Sector:Properties
Avg Volume (4 weeks):1,215,155
4 Weeks Range:2.34 - 2.50
52 Weeks Range:1.99 - 2.50
Average Price Target:2.63
Price Target Upside/Downside:+0.18
View Price Target Detail

Headlines

Latest Headlines
29/08/2014  Mah Sing bought 105ha of prime land in Puchong for RM657m (RM170psf)
29/08/2014  Mah Sing Group Berhad - New Landbank in Puchong
29/08/2014  PublicInvest Research Headlines - 29 Aug 2014
29/08/2014  Retail Market Monitor - 27 Aug 2014
29/08/2014  Mah Sing - Bringing Icon City to Puchong
28/08/2014  Mah Sing - Minor hiccup for Seremban land
27/08/2014  PublicInvest Research Headlines - 27 Aug 2014
27/08/2014  Mah Sing mulls options after caveat in Seremban land deal
20/08/2014  Mah Sing Group - It only gets better with Lakeville Residence BUY
12/08/2014  Mah Sing Group - After Southville, comes Seremban BUY
12/08/2014  Mah Sing Group Berhad - Maiden Seremban Landbank
12/08/2014  Mah Sing Group - Expanding to Seremban
12/08/2014  Mah Sing Group - Stronger into affordable housing
12/08/2014  Mah Sing - New flagship project in Seremban
12/08/2014  Maybank Research Highlights - 12 Aug 2014
11/08/2014  Maybank Research Highlights - 11 Aug 2014
11/08/2014  PublicInvest Research Headlines - 11 Aug 2014
03/07/2014  Property Developers - Taking a Breather
02/07/2014  Mah Sing names new CEO
02/07/2014  PublicInvest Research Headlines - 2 July 2014

  6 people like this.
 
addylee The Board of Directors of Mah Sing wishes to announce that Mah Sing Group Ventures Sdn Bhd (“Mah Sing Ventures”), a wholly-owned subsidiary of Mah Sing, had on 28 August 2014, entered into a sale and purchase agreement with Huges Development Sdn Bhd for the proposed acquisition of a piece of prime leasehold land in Puchong, Selangor measuring approximately 88.7 acres (“Land”) for a total cash consideration of RM656,896,779 or RM170.00 per square foot (“Proposed Acquisition”).
28/08/2014 19:23
Des2003 its share price may go up tomorrow
28/08/2014 23:30
cjiejack Be well prepared, anak-anak mahsing.
29/08/2014 08:58
fundtrader Mah Sing swoops on 105ha Puchong prime land, plans RM9.3bil project
http://www.thestar.com.my/Business/Business-News/2014/08/29/Mah-Sing-swoops-on-105ha-Puchong-prime-land-It-plans-RM93bil-integrated-mixed-development-on-first/
29/08/2014 10:28
Zambrano http://www.bursamalaysia.com/market/listed-companies/company-announcements/1725933
29/08/2014 14:00
spec9888 Good job
29/08/2014 15:03
bsngpg As expected, another 20% growth on net profit. It is very difficult to find company with consistent 20% growth rate each year. If you already have it, you should appreciate and keep it for long term albeit its share price performs likes turtle temporarily.
29/08/2014 23:28
bsngpg Leng Yan(冷眼) said it is very fair to ascribe PE 15x for high growth company especially during the hot bull market. If our beloved "TurtleSing" ready commands PE 15x in near future, its share price would be RM3.3(TTM eps 22 x 15).
29/08/2014 23:34
dragonfruits Price so slow and low,evnthoght many good news
31/08/2014 08:37
bsngpg Hi : all believers in Mahsing

Some forumers commented Mahsing is too slow and too low. Even myself sometimes also confuse if it is "TurtleSing" or "HorseSing". For this, I spent half day finding data to check if the critics are valid. Let us see:

Initial Date/Initial Value/Years of investment/CAGR(return)
1) 24Sep09 / 1.27 / 4.9yr / 14.3%
2) 1Jul10 / 1.14 / 4.2yr / 20.2%
3) 25Jan11 / 1.53 / 3.6yr / 14.0%
4) 10 Feb11 / 1.89 / 3.6yr / 7.6%
5) 3 Feb12 / 1.57 / 2.6yr / 18.9%
6) 13Dec12 / 1.66 / 1.7yr / 25.6%
7) 7Feb13 / 1.78 / 1.6yr / 22.8%
8) 12Mar13 / 1.85 / 1.5yr / 21.1%
9) 24Jun13 / 2.17 / 1.2yr / 10.8%
10) 4Jul13 / 2.30 / 1.2yr / 5.6%

The above CARG excludes the around 3.8% dividend yield each year and free Warrant in 2013. If adding back both, the actual return will be even higher.

Historical data (adjusted with bonus) were retrieved from Yahoo Finance.
Formula of CAGR= (Current Value/Initial value)^(1/years)-1.
Initial values were my actual investments which were random.
Current value=2.45, 29Aug14.

So do you think our beloved Mahsing delivers good return ?
31/08/2014 14:56


 

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