Highlights
KLSE: MAHSING (8583)       MAH SING GROUP BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.67   -0.01 (1.47%)  0.66 - 0.68  3,842,200
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Overview

Market Cap: 1,627 Million
NOSH: 2,428 Million
Avg Volume (4 weeks):1,328,415
4 Weeks Range:0.65 - 0.70
4 Weeks Price Volatility (%):
40.00%
52 Weeks Range:0.65 - 1.01
52 Weeks Price Volatility (%):
5.56%
Average Price Target: 0.96
Price Target Upside/Downside: +0.29

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2019 [#3]  |  27-Nov-2019
Next QR | Est. Ann. Date: 31-Dec-2019  |  27-Feb-2020
T4Q P/E | EY: 7.35  |  13.61%
T4Q DY | Payout %: 6.72%  |  49.35%
T4Q NAPS | P/NAPS: 1.43  |  0.47
T4Q NP Margin | ROE: 11.91%  |  6.38%

Headlines

Date Subject
23-Jan-2020 Technical Buy: MAHSING (8583)
16-Jan-2020 [转贴] [MAH SING GROUP BHD:有望在本财政年度实现15亿令吉的销售目标;年内收购的另外两个新土地的项目,计划于2020年第一季度启动] - James的股票投资James Share Investing
15-Jan-2020 CEO智胜未来
15-Jan-2020 【视频】马星集团 销售强劲展望亮眼
15-Jan-2020 Mah Sing - Targeting higher GDV and more sales in 2020
04-Jan-2020 Stock Pick Year 2020 by The Star
24-Dec-2019 马星创造未来家居‧提升生活品质
12-Dec-2019 Technical View - Mah Sing Group Bhd (MAHSING, 8583)
04-Dec-2019 Mah Sing Group - This Should be the Trough for Valuations
29-Nov-2019 Stocks on Radar - Mah Sing Group (8583)
29-Nov-2019 【视频】马星集团 15亿全年目标可达成
28-Nov-2019 Mah Sing Berhad - New Property Sales on Track
28-Nov-2019 Mah Sing Group Bhd - On Track to Meet RM1.5bn Sales Target
28-Nov-2019 Mah Sing Group - New sales rises 20.6% YoY
28-Nov-2019 Mah Sing Group Berhad - Below Expectations
05-Nov-2019 Technical View - Mah Sing Group Bhd (MAHSING, 8583)
05-Nov-2019 Stocks on Radar - Mah Sing Group (8583)
31-Oct-2019 Mah Sing Group Berhad (KLSE) #RTable - YAPSS
14-Oct-2019 Budget 2020 - Engineering Inclusive Growth
14-Oct-2019 马星集团创业人兼董事经理丹斯里拿督斯里梁海金:外国人门槛降低助减少过剩产业

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.
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  7 people like this.
 
Huathuatlai What is FA ya?
09/01/2020 11:54 PM
AllanTingAS Fundamental analyse. Safe to enter at 0.68 or below.
10/01/2020 10:12 PM
siiyang96 0.68 still able to wait ma?.. waiting waiting
11/01/2020 8:20 PM
EngCCCC Once break 0.73 you better no wait
11/01/2020 8:26 PM
AllanTingAS Don't worry, times is on our side. Just q and not harm. Kaisu mah! Sorry and belated happy 2020 to all!
11/01/2020 9:42 PM
siiyang96 Alright sifu.. Happy 2020 to you guys too~
12/01/2020 11:29 AM
nkk53 Downtrend will not last.
15/01/2020 9:21 AM
siiyang96 Uptrend coming..
15/01/2020 12:35 PM
EngCCCC From https://www.theedgemarkets.com/article/aminvestment-keeps-buy-call-mah-sing-positive-longterm-outlook

KUALA LUMPUR (Jan 15): AmInvestment Bank Research has maintained its 'buy' rating on Mah Sing Group Bhd at 70 sen, with an unchanged fair value of RM1.13, offering a potential gain of 60%.
15/01/2020 3:24 PM
EngCCCC At 4:26 just park at 0.70
Let see can get not?
15/01/2020 4:26 PM
siiyang96 Let go mahsing..
15/01/2020 5:19 PM
Huathuatlai Mahsing downtrend is no longer there soon.. C'mon guys.. Its time to fly
15/01/2020 5:20 PM
EngCCCC @ silyang96 do you still q at 0.68?
15/01/2020 5:43 PM
sharasphuti5 bought 10 lot at 0.70 will buy some more tomorrow
15/01/2020 7:02 PM
Moneyking543 buy as many as well
15/01/2020 8:13 PM
derricksyl waiting at 0.65
16/01/2020 6:26 AM
siiyang96 It's hard to q at 0.68..i didn't have tht luck.. Hahaha..how bout.. Successfully q at 0.68? @EngCCCC
16/01/2020 8:22 AM
James Ng https://klse.i3investor.com/blogs/general/2020-01-16-story-h1482809286.jsp
[转贴] [MAH SING GROUP BHD:有望在本财政年度实现15亿令吉的销售目标;年内收购的另外两个新土地的项目,计划于2020年第一季度启动] - James的股票投资James Share Investing
16/01/2020 8:31 AM
Huathuatlai Still waiting break 0.715..cmon mahsing.. Ini kalilah~
16/01/2020 10:24 AM
toman king waiting for new year ang poa... huat lah ,,
17/01/2020 3:55 PM
Moneyking543 hold tightx3 please...
17/01/2020 4:07 PM
tradeworld do you think mahsing can fall in pn17?
17/01/2020 4:25 PM
Moneyking543 maybe
17/01/2020 4:27 PM
syedluqman Wait after QR very good result sure boom!!
20/01/2020 5:04 PM
davidkkw79 what is the PE of mahsing now ? PE 12 ?
20/01/2020 6:05 PM
Victor Yong KUALA LUMPUR: The property sector is like any other economic sectors and should be subject to market forces of demand and supply, so there is no reason why the government should bail out developers in the current slum when they run into trouble.

Property consultancy Rahim & Co executive chairman Tan Sri Abdul Rahim Abdul Rahman said at a press conference on the company’s Property Market Review 2019/2020 that property development is a business and all businesses come with risks.

So when developers run into trouble, “the government has no business saving them”, he said.

Rahim said that before embarking on any projects, developers should do proper feasibility and market studies which would indicate demand and price that can be absorbed by the market. The current overhang of about 50,000 units may take five years to be resolved based on the country’s population of about 35 million and the disparity between income and property prices.The Singapore government will fine a developer if they do not sell all their units within a certain period. In other words, Singapore is saying to the developer, before you embark on your development, do a proper study, Rahim said.

Bank Negara provided guidelines for project financing and this required developers to submit independent feasibility/market studies. But this was relaxed after developers lobbied against these guidelines because developers wanted to save the fees. At the end of three years, they are unable to sell, Rahim said.

He said these studies are important and valuers will say it as it is.

“We call a spade a spade and we lose a lot of friends this way, ” he said.

The period that was most crucial was between 2011 and 2013 when the property prices spike.

Rahim said credit was easy especially during that period when developers sold their units using interest-bearing schemes.

”So, yes, they (the developers) brought this on themselves, ” he said.

While the government should not bail out developers, Rahim said Malaysians should also not have the mentality that property prices will always go up.

“If a property was purchased a few years ago, chances are the buyer would have lost money. So there is such a thing as a cycle, ” he said.

As for the overhang of about 50,000 units valued at about RM34bil comprising residential sector plus serviced apartments and small offices home offices, that is a huge concern.

It may not be an economic calamity but it is a major concern, Rahim said.Rahim & Co research director Sulaiman Akhmady Mohd Saheh said what is of even greater concern other than the current overhang numbers is the fact that the numbers are rising.

“It (the overhang) is consistently on the rise, ” he said.

“What we are seeing today is the completed unsold units of about 50,000 units. There are also units which are currently under construction which are unsold, and which will enter the market, ” he said.

Sulaiman said the various government measures like reducing the threshold price for foreign buyers from RM1mil to RM600,000 and the recently concluded Home Ownership Campaign (HOC), which though are important, are not expected to have a significant impact on reducing the overhang.

The government threw its support behind the HOC by giving stamp duty exemptions with the objective of reducing the huge overhang figures but developers took the opportunity to launch new units.

“The HOC was basically the primary market sales, so developers saw an uptick in sales, ” said Sulaiman.

He said close to half of the overhang comprised units priced RM1mil and above and those between RM200,000 and RM400,000.
22/01/2020 8:14 AM
syedluqman Last support 0.67 if broken maybe go to 60 cent
31/01/2020 6:22 PM
syedluqman Collect more 0.66
03/02/2020 1:07 PM
Muhdali Any insider know this month QR?
07/02/2020 1:12 PM
junnian0814 https://www.facebook.com/108195052669408/posts/2217288685093357/

wow 70% sold
09/02/2020 11:05 PM
nkk53 Add 0.67 last week
12/02/2020 7:39 AM
Muhdali When want to shoot up..
12/02/2020 12:23 PM
junnian0814 don't know but now guarantee undervalued.
12/02/2020 3:40 PM
Huathuatlai Any suggestion from sifus? Got potantial to masuk?
12/02/2020 3:41 PM
Muhdali Buy with holding power.. mahsing project mostly hot sale high end and price afortdable
12/02/2020 4:01 PM
bjaya Huathuatlai, no guarantee, but at current price, the risk is low
13/02/2020 10:50 PM
CHLEONG888 Under value counter, time to buy, must have good holding power
14/02/2020 7:14 AM
gutt mah sing need have to start oversea project to boost their potential immn future.
they was focus in building house at Malaysia only.
15/02/2020 6:48 AM
junnian0814 can bring to agm & ask.
15/02/2020 1:50 PM
Muhdali In malaysia mahsing have more than 1000 ekar to bulid up highrise.. now around 10 project on going hot sale.. mahsing condo high end and price resondable
15/02/2020 2:03 PM
Godofgambler Mahsing will up up
17/02/2020 10:55 AM
Godofgambler Who on this ship?
18/02/2020 12:06 AM
keonkx123 I wish to collect this stock at 0.51 ..
18/02/2020 4:26 AM
Godofgambler Wish wish
19/02/2020 12:36 PM
BearishTrend Mahsing boleh. Maa.. Buy buy
19/02/2020 10:38 PM
Godofgambler Buyyyyyyy
20/02/2020 9:10 PM
nkk53 When market is down,it turns into shits ,when sentiments turn positive,the shits become gold
21/02/2020 9:37 AM
Godofgambler M Luna, M Vertica, M Oscar all the units mostly sold.
Expecting gooing up very soon..
22/02/2020 9:10 PM
Muhdali M centura
M adora
M arisa
Sale Like goreng pisang
22/02/2020 10:39 PM
Muhdali Very strong support 0.67
24/02/2020 11:40 AM


 

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