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KLSE: MAHSING       MAH SING GROUP BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.13 0.90     -0.23 (20.35%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
20/10/2020 1.26 1.41 +0.15 (11.90%) BUY HLG Price Target News
16/10/2020 0.75 1.10 +0.35 (46.67%) BUY MIDF Price Target News
16/10/2020 0.75 1.05 +0.30 (40.00%) BUY KENANGA Price Target News
16/10/2020 0.75 0.85 +0.10 (13.33%) BUY HLG Price Target News
16/10/2020 0.75 1.50 +0.75 (100.00%) BUY AmInvest Price Target News
25/09/2020 0.70 0.85 +0.15 (21.43%) BUY HLG Price Target News
25/09/2020 0.70 0.99 +0.29 (41.43%) BUY AmInvest Price Target News
03/09/2020 0.78 1.01 +0.23 (29.49%) BUY AmInvest Price Target News
01/09/2020 0.77 0.82 +0.05 (6.49%) BUY MIDF Price Target News
01/09/2020 0.77 0.75 -0.02 (2.60%) HOLD KENANGA Price Target News
01/09/2020 0.77 0.85 +0.08 (10.39%) BUY HLG Price Target News
01/09/2020 0.77 1.01 +0.24 (31.17%) BUY AmInvest Price Target News
22/07/2020 0.59 0.64 +0.05 (8.47%) BUY HLG Price Target News
17/07/2020 0.53 0.79 +0.26 (49.06%) BUY AmInvest Price Target News
15/06/2020 0.54 0.79 +0.25 (46.30%) BUY AmInvest Price Target News
08/06/2020 0.555 0.53 -0.025 (4.50%) BUY HLG Price Target News
01/06/2020 0.49 0.70 +0.21 (42.86%) BUY MIDF Price Target News
01/06/2020 0.49 0.45 -0.04 (8.16%) HOLD KENANGA Price Target News
01/06/2020 0.49 0.53 +0.04 (8.16%) BUY HLG Price Target News
01/06/2020 0.49 0.79 +0.30 (61.22%) BUY AmInvest Price Target News
21/04/2020 0.455 0.79 +0.335 (73.63%) BUY AmInvest Price Target News


Price Target Research Article/News (past 6 months)
20/10/2020  HLG Mah Sing Group - A Valuable Venture
16/10/2020  MIDF Mah Sing - Proposed Diversification Into Gloves Manufacturing
16/10/2020  KENANGA Mah Sing Group Berhad - Introducing MS Gloves
16/10/2020  HLG Mah Sing Group - Tapping Into Gloves
16/10/2020  AmInvest Mah Sing - Venturing Into Rubber Glove Manufacturing Business
25/09/2020  HLG Mah Sing Group - Sukuk Issuance To Fund Future Investments
25/09/2020  AmInvest Mah Sing Group - Proposes Up to RM100mil 7Y Convertible Sukuk
03/09/2020  AmInvest PROPERTY & REIT: After a near-stagnant 2Q20; expect strong rebound in 2H
01/09/2020  MIDF Mah Sing Group Berhad - New Sales Target Revised to RM1.1b
01/09/2020  KENANGA Mah Sing Group Berhad - 1HFY20 In Line
01/09/2020  HLG Mah Sing Group - Possible New Venture
01/09/2020  AmInvest Mah Sing Group - Lower 1HFY20 Earnings, But Strong Take-up in New Projects Provides Good Earnings Visibility
22/07/2020  HLG Mah Sing Group - Affordability Is Key
17/07/2020  AmInvest Mah Sing Group- Launching the M Adora
15/06/2020  AmInvest Mah Sing Group - Forges ahead with M Luna launch
08/06/2020  HLG Mah Sing Group- Bumpy Start
01/06/2020  MIDF Mah Sing - FY20 New Sales Target Maintained at RM1.6b
01/06/2020  KENANGA Mah Sing Group Berhad - A Slow Start
01/06/2020  HLG Mah Sing Group - Bumpy Start
01/06/2020  AmInvest Mah Sing Group- A soft patch in 1QFY20, expects stronger 2HFY20
21/04/2020  AmInvest Mah Sing Group - RM37mil new sales via digital platforms during MCO



  8 people like this.
 
Happy_Sad actually this gloves wanna sell to who har....
21/10/2020 5:22 PM
monique1968 You think i print money, not scared
21/10/2020 5:23 PM
anthonytkh If you guys/gals didn’t already know, yesterday institutional funds were net sellers at -RM46M, retailers were net buyers at RM181M while foreign funds were net sellers at -RM135M
21/10/2020 5:25 PM
j11an9 MS gloves will be supplied overseas to foreign buyers.
21/10/2020 5:27 PM
Anuar Jusoh bskl tidur compnay speculater biar menipu pelabur dasar komunis
21/10/2020 5:40 PM
mita29 If you guys/gals didn’t already know, yesterday institutional funds were net sellers at -RM46M, retailers were net buyers at RM181M while foreign funds were net sellers at -RM135M
----------------------------------------------------------------------------------------------------------------------------
Yikes, big crocs have been on the move since yesterday.
21/10/2020 5:41 PM
Anuar Jusoh why many munch drop 147 dowm 104 2 day this manipulet
21/10/2020 5:43 PM
Jeffreyteck Good closing. Will hit top glove price if Thailand and China producers are sleeping. ST trading play on news.
21/10/2020 5:43 PM
jonathanchee Post removed. Why?
21/10/2020 5:49 PM
DonWorryBeHappy Wah purposely set up acct to spook at all glove counters ah, good la I need to buy more, bullets ready
21/10/2020 5:52 PM
mita29 I've sold like 50% for some profit so that I can sleep better at night, the remaining share to ride the wave of Mahsing for long term, may reinvest again at lower price point.
21/10/2020 5:54 PM
mitchu Post removed. Why?
21/10/2020 5:57 PM
EmperorFund Five South Koreans die after getting flu shots, sparking vaccine fears

https://www.channelnewsasia.com/news/asia/five-south-koreans-die-after-getting-flu-shots-vaccine-fears-13328738
21/10/2020 6:00 PM
mita29 The sentiment may change with the vaccination but glove makers will continue to make super normal profit whether you like it or not.
https://edition.cnn.com/2020/09/24/health/us-coronavirus-thursday/index.html
21/10/2020 6:12 PM
Morpheus61 Posted by mita29 > Oct 21, 2020 6:12 PM | Report Abuse

The sentiment may change with the vaccination but glove makers will continue to make super normal profit whether you like it or not.
https://edition.cnn.com/2020/09/24/health/us-coronavirus-thursday/inde...
__________________________________________________________________

For sure the GLOVE MAKERS will continue to make super normal profits :)
What about Mah Sing. Please don't regret after you get played by the IBs
21/10/2020 6:16 PM
mita29 no risk no gain my friend
21/10/2020 6:28 PM
edwardkuah just patient ,,i believe tomorrow might have rebound as i can see KLSE monthly chart below 1500 point will have a strong rebound~~
21/10/2020 6:37 PM
DreamGuardian Mah Sing to start glove production in April 2021

https://www.theedgemarkets.com/article/mah-sing-start-glove-production-april-2021
21/10/2020 6:53 PM
j11an9 Forgot to mention the fact that there’s this bunch of fellow glove investors from the Big 4 who are hating on MS as being fake, fictitious, pie in the sky, doomed to fail, etc. Surely they are not oblivious to the glove haters who deride TG, SM and so on for being overvalued and not sustainable. That the party is coming to an end. That post-COVID, SM and TG are worth at best 2 bucks. Over there they scramble to defend against these detractors..

Yet one wonders why they see the need to come over here and channel the hate to this potential up and coming glove manufacturer. If they believe in gloves, they would certainly be aware that demand far outstrips supply and having an additional few smaller players in the market is not going to jeopardize the earning prospects of their beloved world leading stocks.
21/10/2020 6:55 PM
anthonytkh No need to wonder. The naysayers here protecting their other glove counters. Simple. They don’t need to but they want to
21/10/2020 7:14 PM
CoolBull Yep first Mah Sing gloves gonna be out by April 2021

Believe it to your own benefit

Dismiss it at your own peril

Not a call for buy or sell

Do your own due diligence

Invest at your own risk
21/10/2020 7:20 PM
1Anchovy Tomorrow will rebound
21/10/2020 7:30 PM
mita29 I think rebound will only happen when big crocs stop selling. Near limit up mania has already breached all their profit taking alarms in 3 freaking days! Let's hope they will be full tomorrow by err....Tomorrow or this week.
21/10/2020 7:51 PM
oskchoon mita29, you are right, when it drops below RM 1.00, big sharks operators will start collecting again...
21/10/2020 8:10 PM
oskchoon Big crocodile always buy low below RM 1.00 and sell high later on.., for big profit.. Beware....
21/10/2020 8:12 PM
Goldberg BREAKING NEWS
------------------------
Mah Sing Group Bhd is set to commence glove production in April 2021.

KUALA LUMPUR (Oct 21):

In a statement today, Mah Sing said it has commenced additional piling works to accommodate 12 units of new, high-speed glove dipping machines at its glove manufacturing factory in Kapar, Klang, to meet its targeted production date.

It said the piling works are expected to be completed by November 2020, to be immediately followed by installation of the machinery.

These 12 production lines are Phase 1 of Mah Sing’s diversification into gloves and have a maximum production capacity of up to 3.68 billion pieces of gloves per annum.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said similar to its property development’s fast turnaround business model, the firm is fast-tracking its diversification into gloves.

He said the factory has a suitable roof height to house mega machines.

“We have also secured supply of both nitrile-butadiene rubber and latex raw materials, and should be able to quickly meet [the] demand of our customers.

“We are targeting production by as early as April 2021,” said Leong.

Leong said Mah Sing’s glove business will be primarily be managed by a professional team with experience in glove manufacturing.

He said Mah Sing will be able to tap into the expertise and know-how of its regional plastics business in order to synergize with the gloves business.

With a build-up of approximately 228,800 sq ft, the current factory is Phase 1 of Mah Sing’s new foray into glove manufacturing.

Fabrication works for the new machinery have already started at the equipment supplier’s factory, and installation of the initial lines is expected to commence in November 2020; the first six production lines are expected to be ready for operation as early as the second quarter of 2021 (2Q21), followed by another six production lines by 3Q21.

Mah Sing is targeting a second phase of the expansion plan, which includes exercising the option to take up the other portion of the Kapar factory (build-up of approximately 287,500 square feet).

This could accommodate another 12 new production lines and increase the capacity up to another 3.68 billion pieces of gloves per annum. The Phase 2 expansion is targeted to happen when demand outstrips supply for Phase 1.

The property developer said that at this juncture, Mah Sing Healthcare Sdn Bhd has secured letters of intent from several prospective customers and the cumulative indicative orders have already exceeded the estimated maximum capacity for both phases of the Kapar factory.

If demand permits, Mah Sing Healthcare will gradually expand up to 100 production lines as part of future expansion plans, it said.
21/10/2020 8:35 PM
OngKawKaw KENAPA NAK BELI SEKARANG? TUNGGU NEXT QR RESULT OUT FLUSH SEMUA WEAK KAKI BARU ENTERLAH. GLOVE PUN BELUM BUAT BERAPA TIMGGI BOLEH PERGI. DONT WASTE YOUR TIME AND MONEY TUNGGU DURIAN RUNTUH. PERGI HUNTING LAIN COUNTER LULU
21/10/2020 8:35 PM
LuckyWinner MAHSING!
21/10/2020 8:38 PM
OngKawKaw MESTI ADA ORANG CAKAP KALAU TAK BELI SEKARANG TAK ADA CHANGE LOL? SUPERMAX 3.0 OTW LOL. TOP 5 LOL. BY END OF THE YEAR RM10 LOL. LU TINGGAL DI PENTHOUSE SENDIRI TURUNLAH. KAN?
21/10/2020 8:40 PM
Goldberg FAST TURNAROUND BUSINESS MODEL- TO PROVE THE SKEPTICS WRONG
---------------------------------------------------------------------
Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said similar to its property development’s fast turnaround business model, the firm is fast-tracking its diversification into gloves.

“We have also secured supply of both nitrile-butadiene rubber and latex raw materials, and should be able to quickly meet [the] demand of our customers.

“We are targeting production by as early as April 2021,” said Leong.

Tan Sri Leong's new found passion ie GLOVES.
21/10/2020 8:46 PM
joyvest Big fish eats small fish.small fish eats shrimp....who are you?
21/10/2020 8:57 PM
joyvest mah sing must sing 2moro otherwise many weep......one man sings another man weeps........
21/10/2020 9:00 PM
Goldberg MS Healthcare BULLISH on BUYERS
-------------------------
The property developer said that at this juncture, Mah Sing Healthcare Sdn Bhd has secured letters of intent from several prospective customers and the cumulative indicative orders have already exceeded the estimated maximum capacity for both phases of the Kapar factory.

If demand permits, Mah Sing Healthcare will gradually expand up to 100 production lines as part of future expansion plans, it said.
21/10/2020 9:05 PM
joyvest Haha another saint of info....mah sing is awesome
21/10/2020 9:07 PM
Goldberg MS Healthcare will be Professionally Managed
------------------------------------------
TS Leong said Mah Sing’s glove business will be primarily be managed by a professional team with experience in glove manufacturing.

He said Mah Sing will be able to tap into the expertise and know-how of its regional plastics business in order to synergize with the gloves business.

No worries. The Horse always delivers and sings as well.
21/10/2020 9:12 PM
joyvest Song sung blue,every body knows one...
21/10/2020 9:15 PM
Selina888 This is for real..............fast tracking with professionals..............
21/10/2020 9:48 PM
Goldberg That's a great song @ Joyvest- By Neil Diamond.
21/10/2020 10:08 PM
NPRA1985 Is this goreng stock?
21/10/2020 10:31 PM
howardchao tmr gap up lo mahsing no play play de :0
21/10/2020 10:31 PM
NPRA1985 Can still enter? Afraid of pump and dump scheme
21/10/2020 10:31 PM
Sailangking 计划扩大100条生产线。***马星已收到买家的意向书,数量多达94亿1000万只手套,估计足以满足公司的生产线***计划的需求。
21/10/2020 10:33 PM
i3lurker dun worry

this is NOT a pump and dump scheme

this is a dump and dump and some more dump scheme and then dump some more scheme.

comprende?

Posted by NPRA1985 > Oct 21, 2020 10:31 PM | Report Abuse

Can still enter? Afraid of pump and dump scheme
21/10/2020 10:34 PM
LiimInvest KUALA LUMPUR (Oct 21): My EG Services Bhd (MyEG) said its COVID-19 platform can be used to organise subsidised COVID-19 screenings for workers in areas currently under the Conditional Movement Control Order (CMCO).

In a statement, the group said that employers can verify the eligibility of their workforce for Social Security Organisation (Socso) coverage, after which they can arrange for their eligible employees to be tested without any upfront payment.

The e-government service provider said it will directly liaise with Socso on the subsidies for the screening costs.

On-site testing at business premises by trained medical staff is also available, the group said.

Once the screening has been completed, employees will be issued with a digital certificate by MyEG in the form of a dynamic QR colour code on a mobile app, which would indicate the test results for verification purposes.

“As part of a collaboration between the Department of Labour of Peninsular Malaysia and MyEG that commenced in August, the QR-based digital certificate is recognised by the department as proof of testing.

“Under the collaboration, MyEG will also share with the department other relevant real-time data from the one-stop portal to assist the Department in its monitoring and enforcement of employers' compliance with the government’s directives,” added MyEG.

On Monday, Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob announced that the National Security Council has instructed managerial and supervisory-level employees in areas placed under the CMO to work from home staring tomorrow until the CMCO expires.

Following the announcement, the Human Resource Ministry said Socso contributors in CMO areas can go for free COVID-19 screening.

"Shares in MyEG finished 0.71% or a sen higher at RM1.42, valuing the group at RM5.1 billion. The counter saw 20.37 million shares traded.
21/10/2020 10:58 PM
NPRA1985 @i3lurker Okay thanks for the warning. I better not enter then.
21/10/2020 11:01 PM
Goldberg Mah Sing is a respectable company- a quality and financially strong company with top class management. This is not a lap sap company.

TS Leong is a honourable man. He won't let you down. It takes years to build good reputation as he did for MS.

Would he just cakap kosong and risk the good reputation going down the drain?

Best is to study the company first before you investing in it- then decide.

I believe MS will do well in GLOVES.
21/10/2020 11:03 PM
i3lurker dun be so easily influenced

any share can make it big.
sometimes long shots can happen

even if probability is 1 in 100 million, it can still happen.
You see people win 20 million in Sports Toto rite?
just that it does not happen to you, that's all.

:)

make your own decisions, if in doubt dun buy.
your subconscious can process data that you are not aware of.

Posted by NPRA1985 > Oct 21, 2020 11:01 PM | Report Abuse

@i3lurker Okay thanks for the warning. I better not enter then.
21/10/2020 11:06 PM
questra Aiyo lapsap goreng stock dont enter
21/10/2020 11:24 PM
joyvest MS is well known in ppty market but is a newbie in glove industry. Rome is not built in one day....how ms is to build it in one or two years remains to be seen........meanwhile, the heat of goreng is ongoing.....
21/10/2020 11:43 PM
CoolBull First gloves from Mah Sing by April 2021

https://www.theedgemarkets.com/article/mah-sing-start-glove-production-april-2021
22/10/2020 12:07 AM

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