No worries to demand side of the gloves.
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For H1N1 and H5N1 lasted 5 yrs. For Covid which is far more serious, we expect the duration will be much higher than H1N1. It will be structural changing and a huge long term impact can be seen. Margma project a 60% increase from 270 to 430 bil in the yr 2022. Mercator projected a 500bil demand by 2022 in the latest report. We expect a minimum 5 yrs crest formation at least. lasting to 2025.

GOOD timing by MS to diversify in to GLOVEs manufacturing.

TS Leong is a brilliant businessman.

MS should also produce vinyl/plastic gloves in addition to examination nitrile gloves.
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This is a long term growth stock.....property + plastic + gloves...good management.....40% payout for dividend.....

No wonder big funds collecting.

HLT - a smallish glove manufacturer ( 1 bil pcs per annum) is currently trading at Rm1.86.

I don't see why MS should be traded lower.

MS - ( phase 1 @ 3.8 bil pcs p.a.) should be valued at least Rm3.80-when the production commence.

MS long term target 30 bil pcs per annum.

@morpheous, yes around Sept as per HLB report.

Proposed expansion - To Start production on April 2021
----------------------------------------------------
To recap, Mah Sing has proposed 2 phases in its initial venture, with each phase comprising of 12 new gloves production lines yielding 38k pieces of gloves per production line per hour (or a total of 3.68bn pieces p.a.). The installations will be carried out at c.2 lines per month from Apr 2021 to Sep 2021 (Phase 1) and Oct 2021 to Mar 2022 (Phase 2)

With or without Vaccine Demand of GLOVES to increase.

MS - A Well established manufacturer.
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The manufacturing and exports business is not new to Mah Sing. In fact, Mah Sing has over 40 years of experience in this business since it first started as a Plastics Trading business back in 1965. The sales breakdown of its operations in Malaysia comprises of 60% local and 40% export to over 45 countries (top 5 export markets include Singapore, Thailand, Indonesia, Vietnam and Philippines). Meanwhile, its Indonesian operation (65%-owned subsidiary) caters to clients such as Mercedes Benz, Nissan, Suzuki, Mitsubishi, Daihatsu, and Panasonic

Mah Sing would be able to tap onto its expertise and know-how
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The process flow for the gloves business is rather much similar to that of the plastics business with the only difference being gloves requiring a dipping process as opposed to plastics requiring an injection moulding process. Ideally, Mah Sing would be able to tap onto its expertise and know-how of its regional plastics business in order to synergize with this potential venture.

(extracted from HLB share analysis)

Mah Sing Group - A Valuable Venture
Date: 20/10/2020

Source : HLG
Price Call : BUY

We remain positive Mah Sing’s venture into the gloves business as it diversifies its earnings base from being reliant towards the property market which is experiencing a slowdown. Ideally, Mah Sing would be able to tap onto its expertise and know-how of its regional plastics business in order to synergize with this potential venture. We increase our FY21/22 forecasts by +47.6%/+63.4% respectively as we now impute the earnings impact of the glove venture into our estimates, while lowering our FY20 earnings forecast by -10.3%. Maintain BUY

Positive on glove venture. We remain positive Mah Sing’s venture into the gloves business as it would not only help insulate Mah Sing’s revenue stream from the downturn in the property market but also allows the company to ride on the increased global demand in gloves moving forward.

Well established manufacturer. The manufacturing and exports business is not new to Mah Sing. In fact, Mah Sing has over 40 years of experience in this business since it first started as a Plastics Trading business back in 1965. The sales breakdown of its operations in Malaysia comprises of 60% local and 40% export to over 45 countries (top 5 export markets include Singapore, Thailand, Indonesia, Vietnam and Philippines). Meanwhile, its Indonesian operation (65%-owned subsidiary) caters to clients such as Mercedes Benz, Nissan, Suzuki, Mitsubishi, Daihatsu, and Panasonic. We were made to understand that the process flow for the gloves business is rather much similar to that of the plastics business with the only difference being gloves requiring a dipping process as opposed to plastics requiring an injection moulding process. Ideally, Mah Sing would be able to tap onto its expertise and know-how of its regional plastics business in order to synergize with this potential venture.

MS will stabilise at around Rm2-00 by end of this month before surging to R2.50- its fair value.

Long term RM3.80- when the factory is up and running.

Still at good value to accumulate- buy on dips.

Most funds are accumulating as indicated by its massive volume for the past 3 day.

They see massive potential and value as MS is fundamentally solid stock & well managed.

They surely don't want to miss the boat this time.

Remember Supermax- most of them missed that SUPER stock.

This is SUPER MAH SING.

Mah Sing said its new venture — whose first six glove production lines are expected to be ready by the second quarter of 2021 — will also provide the group access to the global market, thus reducing over-reliance on the domestic market for its property business, which is cyclical in nature.

It added the diversification also will take advantage of favourable long-term prospects of the glove industry as well as the additional demand amid the Covid-19 pandemic.

For now, the glove manufacturing venture is expected to comprise two phases, resulting in its indirect wholly-owned subsidiary Mah Sing Healthcare Sdn Bhd having 24 glove production lines with a total annual capacity of about 7.36 billion pieces of gloves.

About RM150 million in capital expenditure (capex) will be spent for the first phase of its proposed rubber glove venture, which will be funded via internal funds, bank borrowings and sukuk issuance.

Calvin said MS has no Funda-Mentals-He must be Mental- Awards pun ada, Bro
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(Kuala Lumpur, 17th) The award-winning MAHSING Group (MAHSING, 8583, main board industry stock) has again been recognized for its strength and won 7 awards in the 2020 PropertyGuru Asian Property Awards (Malaysia).

The awards include the "Best Lifestyle Developer Award", which proves that Ma Sing continues to develop high-quality projects covering various lifestyle elements and public facilities, and is recognized by home buyers. At the same time, he has also received special awards for corporate social responsibility and community construction. Ma Xing's outstanding performance in all aspects.

In addition, Mah Sing’s practice and efforts in sustainable development have won three major awards, including ESG (Environmental, Social, Governance) Award, Sustainable Architecture Award and Sustainable Design Award; and M Oscar Development in Old Kuzai Road, Kuala Lumpur The project was awarded the "Best Mass Market Apartment Development Project (China and Malaysia)".

Tan Sri Leong, founder and group managing director of Mah Sing Group, pointed out that he is honored to be recognized by the "PropertyGuru Asian Real Estate Awards" jury, and Mah Sing will continue to do its utmost to provide home buyers with quality real estate projects.

SUPER up 20sen. Thats good enough. Slowly but Surely to reach TP of 12 before results.

Who took profit can always come back mah, but at higher price. Yup support at higher prices.
MS is the Stock to HOLD and you will be rewarded. Believe in Tan Sri Leong. He Will DELIVER.

Tomorrow gap up Folks. Congrats to all. Cheers!

Good chance to limit up today. Congrats to all who took profit and all MS investors.
TP before production of RM2.80 in April/May.

RM12 before 28Oct. Be patient Brothers.

Calvin, with due respect, just keep quiet if you have nothing nice to say. That how you EARN respect. Thank you.

Mah Sing’s hot news - MIDF
------------------------------------
Maintain BUY. Mah Sing with significant contribution from property and gloves segment. We view the venture of Mah Sing into gloves manufacturing as a strong catalyst as it will boost Mah Sing’s earnings significantly going forward.

Any Sifu worth their salt should make MS a buy call.
MS is not ANZO
This is a thoroughbred Horse- A STALLION.
Tan Sri is a respectable business and will definitely deliver in the shortest possible time.
Be patient.
When the factory is up in JUNE, MS will be around RM2.50.

Correct , if you are able to ride the wave, you will reap good profits. Short terms trading is akin to gambling and in the long run gamblers don't do well at all, to put it mildly.

SUPERMAX is easily worth RM15-00. Only the patient and believers in SUPER will reap MAX returns/profits.

Its amazing business model and product range ( GLOVES & BEYOND MASK) will propel its growth further.

Market has not factored in this yet.

Simply the best in BURSA.

Focus on mother share bro.

To all the naysayers, this will be a super growth stock and never write off the Black Horse.
In stock market, always GRAB the opportunity like this one.
We are all here to make money.
MS is a SOLID company NOT Anzo .

I feel MS will reach its upper limit today ie RM1.24.

Accumulate folks , this is the cheapest glove counter.

MS is a pedigree stock able to deliver its promises/plans, and the boss is dead serious on being no. 5 glove stock in future.

Short term TP1.80-2.00 LT Rm3.20

(Kuala Lumpur, 17th) The award-winning MAHSING Group (MAHSING, 8583, main board industry stock) has again been recognized for its strength and won 7 awards in the 2020 PropertyGuru Asian Property Awards (Malaysia).

The awards include the "Best Lifestyle Developer Award", which proves that Ma Sing continues to develop high-quality projects covering various lifestyle elements and public facilities, and is recognized by home buyers. At the same time, he has also received special awards for corporate social responsibility and community construction. Ma Xing's outstanding performance in all aspects.

In addition, Mah Sing’s practice and efforts in sustainable development have won three major awards, including ESG (Environmental, Social, Governance) Award, Sustainable Architecture Award and Sustainable Design Award; and M Oscar Development in Old Kuzai Road, Kuala Lumpur The project was awarded the "Best Mass Market Apartment Development Project (China and Malaysia)".

Tan Sri Leong, founder and group managing director of Mah Sing Group, pointed out that he is honored to be recognized by the "PropertyGuru Asian Real Estate Awards" jury, and Mah Sing will continue to do its utmost to provide home buyers with quality real estate projects.

PropertyGuru亚洲房产奖 马星获7大奖
Nanyang Sat, Oct 17, 2020 10:47pm - 16 hours ago



（吉隆坡17日讯）屡获奖项的马星集团（MAHSING，8583，主板产业股）实力再获认可，在2020年PropertyGuru亚洲房产大奖（大马区）中获颁7个奖项。

奖项包括“最佳生活方式发展商奖”，证明马星持续开发涵盖各项生活方式元素及公共设施的优质项目，获得购屋者的肯定，同时亦获企业社会责任及社区建设特别奖，表扬马星在各方面的出色表现。

此外，马星在可持续发展方面的实践及努力获得3大殊荣，包括ESG（环境、社会、治理）奖、永续建筑奖及永续设计奖；而位于吉隆坡旧古仔路的M Oscar发展项目获颁“最佳大众市场公寓开发项目（中马）”。

马星集团创办人兼集团董事经理丹斯里梁海金指出，荣幸获得“PropertyGuru亚洲房产奖项”评审团的认可，马星将继续尽最大的努力为购屋者提供优质房产项目。

更多产业详情，浏览www.mahsing.com.my。

Demand for GLOVES will exceed SUPPLY for the next 3 years- up to 2023.
------------------------------------------------------
KUALA LUMPUR (Sept 15):

Hartalega Holdings Bhd executive chairman Mr. Kuan Kam Hon speaking to reporters at a press conference after the group’s annual general meeting today said currently there is an enormous shortage of gloves due to the Covid-19 pandemic.

“Right now, there is an enormous shortage, so we (are) always short on gloves. So the system is compromising because there's not enough gloves. So we do not even know whether we have 120 billion more pieces of gloves in the next three years, do you think it's sufficient? I don't think it's sufficient.

Demand for GLOVES will exceed SUPPLY for the next 3 years- up to 2023.
------------------------------------------------------
KUALA LUMPUR (Sept 15):

Hartalega Holdings Bhd executive chairman Mr. Kuan Kam Hon speaking to reporters at a press conference after the group’s annual general meeting today said currently there is an enormous shortage of gloves due to the Covid-19 pandemic.

“Right now, there is an enormous shortage, so we (are) always short on gloves. So the system is compromising because there's not enough gloves. So we do not even know whether we have 120 billion more pieces of gloves in the next three years, do you think it's sufficient? I don't think it's sufficient.

Mah Sing 's diversification in to Gloves is timely.

Dont sapu all gloves, just Sapu MS - a up and coming Glove counter.

Still cheap MAH
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Posted by sunnyleong > Oct 18, 2020 11:31 AM | Report Abuse

Go to sapu all gloves. Sooner u will recall what I said and regret.

Yup, MS is the best short term value investing for now when all other healthcare stocks are sky high.

MS is helmed by TS Leong who is passionate on whatever he does and has strong connections and financial backing to see the project thru.

Just believe in MAH ( horse) and you will be SINGing all the way to the bank

MS will gallop towards a of TP-RM1.80-2-00 in the short term.

TS Leong sees bright prospects in GLOVES for many years to come.
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Tan Sri Leong emphasises that the quality and deliverability of a product plays an important role in attaining success, as quality is delivering a project that will at least meet and preferably exceed the client’s expectations through actions and deliverabi­lity that create a really excellent product.

“Developing an effective team in your organisation is also important, as dedicated people will motivate one another to achieve the goals together.”

“Dare to dream and pursue your dream. You need to have a passion for business and success. I believe passion is what drives you and keeps you going, despite the difficulties that your business will inevitably face.”

TS Leong is dreaming big in Gloves and aim to be the TOP 5 glove manufacturer in Malaysia. with a targeted annual production of 30 billion.

Mah Sing Healthcare will be converting a warehouse in Kapar, Klang, into its first glove manufacturing factory with a built-up of approximately 228,800 square feet, Phase 1 of the factory could house 12 new production lines with a maximum capacity of up to 3.68bn pieces of gloves per annum at a speed of 38,000 pieces of gloves per production line per hour,

MS glove making division will lead by a management team with more than 30 years of experience in the glove industry. Mah Sing intends to gradually expand up to 100 gloves production lines as part of the group’s future expansion plan.

MS used to be a plastics manufacturer in days gone by before venturing into property development in which it excelled in a big way. MS is helmed by a respectable businessman ie Tan Sri Leong whose business acumen is impeccable. I'm sure he will transform MS in to a formidable GLOVE player in future.

This is certainly not a fly by night empty company out to con the investing public.

I believe exciting times are in store for MS investors.

Savvy investors and institutional funds will definitely accumulate this stock at its early stage of ascent.

SUPERMAX valuation SET to match HARTA in December.
---------------------------------------------------------
The next FBM KLCI review is due to take place in December using data from the close of business on Nov 23, based on the ground rules.

The outcome of the next review will be announced on Dec 3 and is effective from Dec 21.SUPER's inclusion into the KLCI, definitely will command a higher Price-to-Earnings (P/E) valuation

HARTA is expected to announce PAT RM 450 Million in the coming Quarter

SUPER is expected to announce PAT RM 900 Million in the coming Quarter

RM 900 Million / RM 450 Million = 200%

SUPER's PAT will be TWICE of HARTA

SUPER's EPS will DOUBLE that of HARTA.

Hence SUPER's share price should exceed HARTA's current share price of RM18-30

SUPERs (RM10.70) has a LONG LONG way to go.

Mah Sing Group - Tapping Into Gloves
Source : HLG, Price Call : BUY, Price Target : 0.85
Last Price : 0.925, Upside/Downside : -0.075(8.11%)

An Update on upcoming results of the BIG 4 Glove companies:

Hartalega: 27th Oct 2020

Supermax: Week of 26th to 30th Oct ( delayed one week due to Covid-19 affecting overseas subsidiaries)

Kossan: Second or third week of Nov

Top Glove: Week of 11 to 18 Dec

Thanks Walter Aw, CGS-CIMB Research

@ Trump 2020 Post split bro .

How will you price SUPER-MAX?
-----------------------------
Traditionally, glove counters are priced AT PE OF 35x. If Supermax were to be priced at 35x, its TP would be a whopping Rm56! Unimaginable.

How about a more conservative PE of 15x? Even this should put the TP at Rm24.

In my opinion lets stick with a SUPER conservative of PE of 15

Based on EPS of RM1.60 for FYE 2021 & PE of 15

TARGET PRICE IS RM24

Current Price -RM10.50.

PROFIT TAKING will always appear from time to time.

Be FOCUSSED to achieving TP of RM24.

SUPER DOOPER profits waiting for the PATIENT & LOYAL SUPER INVESTORS.

SUPER is worth much more than the current price.

HOLD for MAX -I -MUM gains.

Main Ingredient- PATIENCE, PATIENCE & PATIENCE

Top Glove hires banks for potential US$1b HK listing — sources
TheEdge Tue, Oct 13, 2020 06:20pm - 1 hour ago


KUALA LUMPUR/HONG KONG (Oct 13): Malaysian rubber glove maker Top Glove Corp Bhd, riding a wave of demand generated by the coronavirus outbreak, has hired banks to arrange a Hong Kong listing that could raise at least US$1 billion, two sources said.

Citigroup, China International Capital Corporation (CICC) and UBS will manage the listing, said the two sources, who have direct knowledge of the matter but can't be named as the information is not yet public.

Another source, also declining to be named as the process is private, said the world's largest glove maker could be more ambitious and look to raise as much as US$2 billion.

The company, which is already listed in Malaysia and Singapore, in a filing to the Kuala Lumpur exchange on Monday said it is evaluating a dual primary listing on Hong Kong's stock exchange.

The evaluation is at a preliminary stage and the structure has not been finalised.

"(The proposed listing), if undertaken, will enable Top Glove to be present in a larger, more active and liquid stock exchange, enlarge and diversify its investor base, and also provide an alternate and larger fund raising platform to support the company's future growth strategy," it said.

AI finally got the numbers- 7,1,0 & 6- its none other than - SUPERMAX.

Johnson & Johnson pauses COVID-19 vaccine trial due to 'unexplained illness'

By Stuart Marsh • Senior Producer
12:20pm Oct 13, 2020

i3 public forum is still the best , macam macam orang ada, hauntu pun ada, you name it we have it here lol.

SUPER has a long long way to go as it is deeply undervalued , just relax and be patient and you will be rewarded.

SUPER is a STOCK to KEEP.-


A SUPER STOCK.


The best in BURSA.

3.5 million shares done at RM9.96. Funds on accumulating mode-at such attractive price.
Rm0.42 sen up today is still remarkable.
Lets Huat to the MAX tomorrow.

Correct - closing at RM10-08.

Don't worry RM10 road block will be cleared by JPJ.

Finally FF woke up from deep slumber and realised that SUPER is SUPER undervalued.

Closing above RM10 today should be a breeze.