0.310 I dah naik kapal...mari kayuh tgt gogogo

Well, we all do our homework, made our decision, took the risk, and score the profit, right?

back to yesterday's closing price.

@lloydlim, what is your personal TP for this gem? :)

@freonsf, haha ya i am in the sampan for several years already lo, after the MLM new law crisis. Now kayuh kayuh to north pole slowly...

omg sorry, I don't have that meaning bro. So did you join the big family? hehe

I think just for 1 time la, everytime like that company how to growth? lol

Thanks for the add on, bro bsngpg. Hope monday can be greeny. haha

Malaysia Budget 2014
Increase of Real Property Gain Tax (RPGT)
RPGT increased as follow:
- 30% (Dispose within the first 3 years)
- 20% (Dispose in the fourth year)
- 15% (Dispose in the fifth year)
- 5% (Dispose after the fifth year)
- For foreigners: 30% for all five years
- 5% There after
Minimum property purchase price for foreigners to be doubled from RM500,000 to RM1 mil.

seems legit. hope can sapu on cheaper price...but if can fly lagi best la

huge trading volume, what happened? Sorry in office cant monitor :]

come liao? yay

Agreed, so either fly or drop gao gao after budget announce?

after the sell vs buy volume fight, closing +1c. Something good brewing? Next week budget announce will surely effect investor's emotion.

Volume brewing...

haha timl, morning morning already testing your "solid support" already

rebound abit today, 回光返照? LOL

True, 2.99% just for this payout. Feb another payout hehe

based on current price 2.67, its a yield for 2.99% yay

indeed a long buying queue appear. however road block not cleared, even in a GREEN day.

Trading volume started to push up...

http://klse.i3investor.com/blogs/kltrader/38375.jsp
Good news, but perhaps market sell on news; buy on rumors for today morning session?

EPF BUY. 07/10/2013. 150,000 shares.

Seph feed Mahsing on steroid? LOL

2.46 clearing roadblock now.

EPF eat up on 4/10.
Currently they have 126,420,692 stocks on hand, or 9.109%

PROPOSED LEASE PURCHASE AND DEVELOPMENT ON TWO (2) PARCELS OF CONTIGUOUS PRIME LAND IN MEDINI, ISKANDAR MALAYSIA WITH ESTIMATED GROSS DEVELOPMENT VALUE OF RM1.1 BILLION AND AGREED GROSS FLOOR AREA MEASURING 2,140,538.40 SQUARE FEET, BY MAH SING’S WHOLLY-OWNED SUBSIDIARY, TROPIKA ISTIMEWA DEVELOPMENT SDN BHD FOR A TOTAL LEASE CONSIDERATION OF RM74,717,596.80 OR APPROXIMATELY RM34.906 PER SQUARE FOOT GROSS FLOOR AREA (“PROPOSED ACQUISITION”)

BUY LAND AGAIN??? OMG!!
http://klse.i3investor.com/servlets/anpth/942339.jsp

Hi all, how about HUAYANG? Is it another gem? Looking at their stock price currently...

timl, no worries, happy investing.

Here you go the link: http://klse.i3investor.com/servlets/anpth/941484.jsp
At first I also tot is same old story, but after look into it, no wor...different story. Left hand let ppl reject, right hand straight away buy a bigger land...memang geng.

Is this the reason caused trading halt? erm...

hi Timl, which you are referring? I get all those from this site. I can share the link to all Mahsingians.

PROPOSED ACQUISITION BY SANJUNG TROPIKA DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING, OF THIRTY ONE (31) PIECES OF ADJOINING FREEHOLD LANDS WITH TOTAL NET LAND AREA MEASURING APPROXIMATELY 1,351.84 ACRES ALL IN TEMPAT OF LKTP CAHAYA BARU, MUKIM OF PLENTONG, DISTRICT OF JOHOR BAHRU, JOHOR DARUL TAKZIM FROM BISTARI LAND SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM429,868,897.92

WA! Beli Lagi banyak land.

Annual Report: http://klse.i3investor.com/servlets/staticfile/227154.jsp

Any good news maybe? finger crossed... :)

In yesterday's EGM, Mah Sing received shareholders' approval for the acquisition of a 35.26-acre freehold tract in Senibong, Johor for a total consideration of RM365.55m. However, in an announcement to Bursa Malaysia yesterday, Mah Sing said the sale and purchase agreement was terminated at the last minute, as the group had failed to secure the consent of owners of the neighboring land parcels to construct an access road to the planned development on the site. (Financial Daily) The termination of the SPA is a negative surprise and would cut RNAV estimate by around 8% or 30 sen. This is bad news and a setback to the company as the project was estimated to have a GDV of RM4.35bn. But Mah Sing has reassured that the company is aggressively scouting for more landbank to offset the loss.

Besides that, EPF also buy back. http://klse.i3investor.com/servlets/anpth/941417.jsp

ICAP (5108) a local close-end fund.

23/10/2013 AGM, 8 sens Final DV!

PROPOSED ACQUISITION BY MAH SING DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MAH SING, OF A PARCEL OF FREEHOLD LAND IN PLENTONG, JOHOR BHARU MEASURING APPROXIMATELY 35.26 ACRES FROM KIM SAN INVESTMENTS SDN BHD FOR A CASH CONSIDERATION OF RM365,550,150

Proposed to buy land in JB by Mahsing
http://klse.i3investor.com/servlets/anpth/941058.jsp

Thanks for the sharing LC.

Indeed, with coming quarter result and dividend announce. I believe better days is yet to come : )

funds started to hentam gao gao already :rf:

Quarter results announce today? cheers.

Morning all, lets put all behind and hope for a better future today. They say 和气生财 (peaceful grows prosperity), yet the choice is yours, cheers :)

Thanks for the sharing Mr. LC Chong.
And happy investing too, Darren. Waiting for the result and dv too :)

From 27/8-4/9, company buy back 65,400 shares. This end month quarter result will be announce.

@timl, thanks for the knowledge shared.
PS: MAHSING engine start! :D

@timl, thanks for the explanation. What you wanna bring out is, when someone is dumping huge of quantity on certain selling price level, to prevent the price going up, it is a roadblock...

so to clear the roadblock, is to buy all the stocks!

hi Hafiz, mind to share how you know there is a road block? Thanks!

I just join the family yesterday...no dv :(