Highlights
KLSE: MAHSING (8583)       MAH SING GROUP BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.935   +0.015 (1.63%)  0.92 - 0.935  517,400
Trade this stock with T+7 trading account. Find out more.

Overview

Market Cap: 2,270 Million
NOSH: 2,428 Million
Avg Volume (4 weeks):1,410,390
4 Weeks Range:0.915 - 1.03
4 Weeks Price Volatility (%):
17.39%
52 Weeks Range:0.89 - 1.32
52 Weeks Price Volatility (%):
10.47%
Average Price Target: 1.16
Price Target Upside/Downside: +0.225

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2018 [#4]  |  27-Feb-2019
Next QR | Est. Ann. Date: 31-Mar-2019  |  31-May-2019
T4Q P/E | EY: 8.36  |  11.96%
T4Q DY | Payout %: 4.81%  |  40.23%
T4Q NAPS | P/NAPS: 1.44  |  0.65
T4Q NP Margin | ROE: 12.34%  |  7.77%

Headlines

Date Subject
20-Mar-2019 PublicInvest Research Headlines - 20 Mar 2019
18-Mar-2019 Invest Malaysia 2019 - Research Guide by Maybank IB
01-Mar-2019 马星集团 全年净利超标
28-Feb-2019 Mah Sing Group Berhad - New Sales Target at RM1.5b for FY19
28-Feb-2019 Mah Sing Group - Strong RM1.5bil new sales; long-term outlook positive
28-Feb-2019 Mah Sing Group - Weaker Than Expected
09-Jan-2019 马星集团 Icon City商业区赚幅高
09-Jan-2019 雷电交加之后(CEO篇)‧瞬息万变‧CEO实力应变
04-Jan-2019 马星集团股价还能涨30%
03-Jan-2019 AmWatch - Sector Focus Of The Day
03-Jan-2019 Mah Sing Group - A slew of new launches slated for 2019
12-Dec-2018 [转贴] [MAH SING GROUP BHD:销售和营销和管理费用增加,Ramada Meridin酒店运营开始时的活动水平增加以及某些项目相关的维护和翻新费用] - James的股票投资James Share Investing
29-Nov-2018 PublicInvest Research Headlines - 29 Nov 2018
19-Nov-2018 M+ Online Technical Focus - 19 Nov 2018
19-Nov-2018 Mah Sing Group - New sales falling behind
19-Nov-2018 Mah Sing Group Berhad - New Sales Below Expectations
19-Nov-2018 Mplus Market Pulse - 19 Nov 2018
19-Nov-2018 Mah Sing Group - Strong RM1.22bil new sales; long-term outlook positive
19-Nov-2018 Mah Sing Group - Anticipating Land Banking
15-Nov-2018 Mah Sing Group Berhad - Booking Rate for Phase One of M Aruna at 63%

Business 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.
Analyze this stock with MQ Trader system

  7 people like this.
 
Godiva Why so negative.. there r so many ppl still want to buy the property...now the budget 2019 encourge ownership for first time buyer will definately put mahsing at the stage once again
03/11/2018 13:08
Godiva No need to pay stem duty meaning developer no need absorb the stem duty lo.. no sst on building material n no stem duty.. developer can nw reduce the price lor
03/11/2018 13:09
Nicholasming91 Yea. U got see which developer poor 1 or not ? Reduce a bit wont die1
03/11/2018 13:11
trulyinvest Ioi ceo said wont reduce px but increase instead. Mana blh simply simply reduce px. They oredi built very expensive house, n now ask them to reduce px for new house. Wat hapen to existing owners? Not fair. How r they going to sell their properties if new cheaper house exist in their taman. How r they going to sell their old unsold units?
03/11/2018 13:14
ks55 Mahsing is dead.
Why?

1. Land cost is very high. Most development land were bought recently at prevailing price.

2. Interest on the rise. Cost of holding on to the development land become more expensive.

3. Bank reject most housing loan above 800k. Mahsing in this category whose potential client can"t afford bank loan.

4. Mahsing was very aggressive with DIBS 5 years ago. All those who bought Mahsing properties can't flip and can't pay installment. All waiting for bank lelong.

5. Most property developed by Mahsing and marketed under DIBS all become ghost city. Buyers can't afford even management fees and JMB is running like headless chicken. Only way is to reduce scope of maintenance job, and that make unsold Mahsing properties degrading at alarming speed.

6. LGE as Finance Minister is brainless when he first introduced RPGT for every property sold at 5%, even if you have held that property for 30 years. Then quickly he told the whole world the next day, first property sold after 5 years exempted from RPGT. Regardless whether is for upgrading from starter shoe-box home, or downsizing for the senior citizens with empty nest, all are pushed away from this idiotic policy.
Why can't LGE just deter speculator by imposing moratorium at 10 years instead of killing all those dreamed for starter shoe-box home, and those seniors who need some extra cash for their golden years?

7. So what are you waiting for? There will be less people buying into expensive home developed by Mahsing.
There will be less people going for downsizing (and right sizing) so Mahsing properties will not be in demand.
Run with your 4 legs now.
Run to BDB and Crescendo who are developers for affordable homes, and most important is even selling cheap, these developers still can make money because their land is very cheap...........
04/11/2018 12:47
ks55 Same as PRS
When PRS first introduced, with govt tax incentive given to participant, but fail to see all those providers were all half-past-six fund managers, PRS participants all went to holland.

How come as many as 19 funds removed from PRS?
Out of which 13 were from Public Mutual Funds?
Why Public Anal-lists were chosen in the first place?
Are they not half-past-six and all half-cooked?
04/11/2018 17:42
ks55 Once bitten twice shy
Don't be a guinea pig for something not proven
LGE is simply amateur to introduce financial derivatives without in-depth study consequences if failed
04/11/2018 17:43
trulyinvest Prepare,to be,slaughtered for,those chase property counters
04/11/2018 17:45
Val-Elta The p2p plan looks promising and is a win win to all... I believe thats a good step.. at least its a genuine solution thats acceptable with benefits for owner, investor and also developers.
04/11/2018 20:17
trulyinvest Stupid scheme. X ada kepala besar jgn pakai,topi besar
04/11/2018 20:26
Friendship Game changer for Malaysia property market
04/11/2018 21:06
Chaostrader U want a subprime crIsis here? It's a pity a good company like Mah Sing being dragged into this.
13/11/2018 14:20
beso q3 net profit down 30.4%
sure below 0.90
16/11/2018 21:11
Chaostrader Rev down...eps down...share price below NTA. ..net cash position...good management...but no excitement in property sector
17/11/2018 11:19
Chaostrader Div yield 6.5% last few years...doubt can maintain going fwd.
17/11/2018 11:29
Faiza Property counters better dont touch
Cant sell; expect toughh time
17/11/2018 11:39
5354_ Profit drop 30% YOY why up 3 sen?
19/11/2018 04:49
5354_ Not all same. Penang island property still do well.

Faiza Property counters better dont touch
Cant sell; expect toughh time
17/11/2018 11:39
19/11/2018 04:50
Muarmali this one is also gone case. run! :)))
19/11/2018 08:47
rosewood133 run run shaw:(
20/11/2018 15:12
necro Not only Mahsing effected but other players were also drag by property downcycle, Bandar Baru Sendayan in Negeri Sembilan for Hijayu also buyers already sell their house & some who unable to unload were force to lelong their property which they buy for price range RM550000 to RM650000 which the market value of the house lingering at RM450000-RM500000 currently, meaning those buy already loss at 1.market value appreciations & 2.rental growth(with only RM600 rental vs RM2500-RM3000 monthly installments..

Even top property developer like IJM LAND lowering their newly launch price for their project in Seremban from previously ranging RM500K-RM800K to only RM380K for double storey in Seremban 2.

Is Mah Sing a good bargain?.. I would said yes, but time will tell..
22/11/2018 09:30
stockholm999 mah sing bekerjasama with lazada. u can buy property in lazada liao, wtf =.=
28/11/2018 18:28
iHunter Does anybody know which Mahsing project being sued by their purchasers for defect and/or providing false marketing information including closing and converting club house to something else? If yes, is the damage more than RM250 Millions and is the damage covered by insurance?
03/12/2018 10:48
James Ng https://klse.i3investor.com/blogs/general/186262.jsp
[转贴] [MAH SING GROUP BHD:销售和营销和管理费用增加,Ramada Meridin酒店运营开始时的活动水平增加以及某些项目相关的维护和翻新费用] - James的股票投资James Share Investing
12/12/2018 11:17
rosewood133 More spending for now:(
14/12/2018 08:56
wiseinvestment Mah Sing should focus on their core business .. quality products and at fair prices! Hope there is none available on things that iHunter trying to look for.
17/12/2018 14:12
mk88 Why many icon city shoplots still not open after completed 2 yrs
17/12/2018 21:04
mk88 Buyers of mah sing projects last 5 yrs
All jialat esp commercial lots
18/12/2018 17:42
zhen wei & JP https://www.facebook.com/Selangorauctionproperty/

Can take a look ,no taker for the past 2 month.
deal seems good.
18/12/2018 23:12
rosewood133 2019 is an unpredictable year
27/12/2018 08:51
edikeat good time to buy in now?
12/01/2019 18:34
Calvin882 Property sector still bearish. More stimulus needed to boost the sector
12/01/2019 23:02
1128 Shit sector 2019
16/01/2019 09:39
1128 PH pasal 5% RGPT
16/01/2019 09:41
kuan1209 林冠英:即起至6月30日.购50万房屋免印花税
https://www.sinchew.com.my/content/2019-01/31/content_2006040.html?fbclid=IwAR0gTqJZ6p5Wia3MYODL3KTaVWXvzPOixttxXPb_O3-74-D3ZS7W8lql9GA
31/01/2019 20:06
WT Chew Mahsing will up soon like rocket ...
Target 1.20 to 1.45
08/02/2019 20:15
junetan20 suddenly spike?
20/02/2019 16:08
DreamHunter FY18 net profit 271.6 mil. Latest qtr profit 66 mil.
28/02/2019 10:39
newinvestor17 https://klse.i3investor.com/servlets/forum/905080451.jsp
01/03/2019 12:02
zhen wei & JP 10 years back "The Icon office" was a successful project .
Will Icon city 2 be successful as they previous are?
Iconic trademark a more premium development?
01/03/2019 21:01
DreamHunter Hopefully
04/03/2019 21:31
zhen wei & JP In business whether hit or goodbye by years.
Now with bussiness subsequently applying for loans has been arising lately.
a when repayment defaulted, we have some show.
Pew pew pew time?
04/03/2019 22:15
7300 my thinking,QE withdrawal effects,usd will drop like nuts,properties si leow leow,ikan masin see you at 40 sen next few months:(
05/03/2019 17:15
7300 bond rate hike interest rocket soon!!!
05/03/2019 17:20
7300 Trump is not crazy,but on prevetion,musy but go mad, on trade war will goes on
05/03/2019 17:24
zhen wei & JP Once United States sneeze, I don't think most of Malaysian capable to digest the effect.
From my opinion, wait for March 19 Fed meeting.
Let's see h. Any cards to be prevail.
06/03/2019 21:03
nkk53 Pick up 0.935
08/03/2019 10:44
ling1224 pls rise again MahSing
13/03/2019 10:32
Calvin882 Not property theme now. Probably have to wait for few years
16/03/2019 16:06
Friendship Anyone heard about Arte S case? If u have then better run fast fast Lo haha
19/03/2019 22:47


 

375  307  524  681 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 SAPNRG 0.34-0.005 
 JAG 0.055+0.005 
 PERDANA 0.43+0.04 
 HSI-C5D 0.40-0.035 
 DAYANG 1.41+0.03 
 TALAMT 0.040.00 
 FGV 1.23+0.11 
 HSI-C3V 0.10-0.04 
 DESTINI 0.325-0.02 
 APFT 0.020.00 
Partners & Brokers