RHB Investment Research Reports
Trading Stocks - Mah Sing Group
rhbinvest
Publish date: Thu, 22 Jun 2023, 10:40 AM
rhbinvest
0 4,426
An official blog in I3investor to publish research reports provided by RHB Research team.
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com
RHB Investment Bank Bhd
Level 3A, Tower One, RHB Centre
Jalan Tun Razak
Kuala Lumpur
Malaysia
Tel : +(60) 3 9280 8888
Fax : +(60) 3 9200 2216
Mah Sing Group is set to rebound higher as it broke past the MYR0.61 immediate resistance yesterday with strong trading volume. The bullish bias above the breakout level will likely see the stock climb towards the YTD high of MYR0.64 (13 Apr’s high), followed by MYR0.695 (8 Apr’s high). However, if the stock price drops below the support level of MYR0.585, it would invalidate the bullish pattern and suggest a potential bearish trend.
Source: RHB Securities Research - 22 Jun 2023
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
More articles on RHB Investment Research Reports
Sunway Construction - Building Up Momentum For Data Centre Job Progress
Created by rhbinvest | Nov 22, 2024
Globetronics Technology - Diversifying Into Memory Products; U/G to TRADING BUY
Created by rhbinvest | Nov 22, 2024
Discussions
Be the first to like this. Showing 1 of 1 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
2
4
save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
5
6
7
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
darrenliew
A SIMPLISTIC COMPARITIVE LOOK AT THE FUNDAMENTALS OF 2 PROPERTY DEVT COMPANIES:-
==============================================================
Mah Sing Eco World
----------- -----------
Share price 0.61 0.81
EPS (sen) latest Q ) 2.06 1.94
Dividend (sen) latest Q 3 2
GDV (RM/Billions) 2.2 2.2
NTA (RM) 1.49 1.63
My personal views :
=============
1) Mah Sing's share price seems to be undervalued
2) Upside potential for Mah Sing's share price to at least catch up to Eco World's 0.81 ( a 33% upside)
3) Fundamentals and business of both companies are sound
2023-07-03 09:21