SI Fool Calvin. Buy Now or Regret Later.

Let me tell u , If this Black Horse reach MYR2.0000
You need to call us all supporters as Sifu!

Don't think your lousy Blogs can influence Real Investors.
=)

Si Fool Calvin Tan ?
let me tell you, I foresee this Black Horsewill fly to MYR2.0000000

Hold.
Now just shake out Ikan bilis..

Si Fool Calvin Tan spread fake news want Mah Sing drop ?

Hahahhaa..
Maybe ikan bilis trust you, but big Operator or share investor won't see your tricks..

Mahsing everyQR earn 20-30 millions..
@Stupid Stokisnotfun are your head ady Bang wall ?

LOL

May I know Si foo Calvin Tan any words ?

is it QES undervalue GEM ? EMS

No Jokes.
A serious News .
Cheers all Mah Sing Investors.

Let Mah Sing Achieve RM2 , let all the sours critics people red eyes.. !

Net profit 10-20 million every QR also worth RM2 already .. Now business diversification and Medical healthcare expansion.. Sure fly .

PETALING JAYA: Mah Sing Group Bhd, a property developer, has its eyes set on becoming a rubber glove manufacturer with a production of 30 billion gloves per year.

At a signing ceremony yesterday, it announced plans to diversify into glove manufacturing and other related healthcare products via subsidiary Mah Sing Healthcare Sdn Bhd to take advantage of the boom in glove demand caused by the coronavirus (Covid-19) pandemic.


“In view of the promising global prospect and vibrant glove business, we are committed to being a long-term player and delivering greater value to our shareholders, as well as striving to be one of the prominent glove manufacturers in the industry, moving forward.

All systems go: (From left) Malaysian Investment Development Authority chairman Datuk Abdul Majid Ahmad Khan presenting Miti’s interim approval for the manufacturing licence for surgical, examination and other gloves to Mah Sing’s founder and group MD Tan Sri Leong Hoy Kum and Mah Sing’s group strategy and operations director Lionel Leong yesterday.All systems go: (From left) Malaysian Investment Development Authority chairman Datuk Abdul Majid Ahmad Khan presenting Miti’s interim approval for the manufacturing licence for surgical, examination and other gloves to Mah Sing’s founder and group MD Tan Sri Leong Hoy Kum and Mah Sing’s group strategy and operations director Lionel Leong yesterday.

“We are also planning to venture into other healthcare and medical device-related ventures and explore the possibility of listing our manufacturing division separately from the group to further unlock its value in the future, ” said Mah Sing founder and group managing director Tan Sri Leong Hoy Kum.




For a start, CEO Datuk Ho Hon Sang explained that Mah Sing has allocated about RM150mil to set up the first phase of its glove-manufacturing factory in Klang that will have a production capacity of 3.68 billion gloves per year.

The factory is expected to start its operations in the second quarter of next year. Phase one of its expansion into glove manufacturing would see the production of 3.68 billion gloves at 12 production lines.

“The phase two expansion is targeted to happen when demand outstrips supply for phase one, ” he told reporters, adding that phase two would see another 3.68 billion pieces of gloves per annum being added to its capacity.

CLICK TO ENLARGECLICK TO ENLARGE

Mah Sing signed several agreements yesterday, including a letter of intent (LoI) with several raw material suppliers for the supply of both nitrile butadiene rubber and latex rubber, as well as machinery for the factory.

The group said it had also secured LoIs from several prospective customers and the cumulative indicative orders have already exceeded the estimated maximum capacity for both phases of the Kapar factory.

“As a new player, the group is in a good position to take advantage of the spot price of gloves, which is about US$80-US$160 per 1,000 pieces, ” Ho said.

Mah Sing expects the glove-manufacturing business to be able to generate a revenue for the group relatively quickly, with the projected contribution estimated to come in as early as the second quarter of 2021.

This came in light of the softening property market led by the Covid-19 fallout.

“The group anticipates that the proposed diversification can help mitigate the potential downside risk to the group arising from wide-ranging effects of the Covid-19 pandemic on the local and global economies, ” Mah Sing said.

The Covid-19 pandemic has seen a surge in demand for rubber gloves that sent the share prices of local glove manufacturers skyrocketing. Malaysia’s glove export has increased nearly 20% to 230 billion pieces currently, up from 192 billion pieces in 2019 amid the heightened global demand for medical gloves among medical professionals due to the prolonged pandemic.

The global demand for gloves is expected to reach 330 billion pieces this year, an increase of 11.49% from 2019’s 296 billion pieces of gloves, giving Malaysia a 67% market share.

Top Glove Corp Bhd and Hartalega Holdings Bhd are among the top-five largest companies on Bursa Malaysia based on market capitalisation.

“Based on our 40 years of being in the plastic product manufacturing business, we feel that we can enter it (glove manufacturing). Our turnaround period is also very fast, ” Leong said.

He said the group was mulling spinning off its glove-manufacturing division into a separate listed entity in the future.

Meanwhile, Ho said the company had already applied for the necessary certification for its gloves, including from the United States Food and Drug Administration.

He believes the shortage of gloves will persist for a long time, even if a vaccine for the virus becomes available.

Mah Sing will seek the approval from its shareholders for the new business venture at its forthcoming extraordinary general meeting as the contribution from the business diversification is expected to be 25% or more of ….

A very huge Buying Force...!
657 Millions for only today !
Seriously.. No Joke for Mah Sing. They have experience in Plastic factory.
Now venture into Glove. Will Hold tight till 6 months later. Perhaps few years.. no regret..

Not Goreng Counter like AT Systemization ..

ACME limit up today will get Love letter from Bursa later 8pm .
UMA query.
Next Monday sure drop for ACME.

Maybe this operator worry they caught UMA after limit up , that's why they set to up 20++ cents enough to avoid unnecessary matters reply to Bursa.

Haha. But believe this Profit Company will keep moving .

Someone is Eating Tickets.. 0.945
=)

For Long Term:

Mah Sing TP 2.00
Within 2 months.

Post By DLLM99_KYY Diu Nia Sing.

Last time Carepls when May 2020 I commented it will Grow better , but no one believe me and keeps selling. When that time Carepls RM1.40 . It static there for quite 1-2 months.

But end up see Carepls price now ?
LOL..
HTPADU is pure Goreng.

Mah Sing every QR make profit.

What Mah Sing have is Soil Land .. They need 5 months to build up the factory for Glove and also Healhthcare Factory.
I believe they will grow better.

Do not forget Mah Sing is rich with "LAND" .
Hint: next flying Gems is Ecoworld.
They also full with Land.

If today Mah Sing Limit up , Calvin will slap himself his face .

It wil continue down.

When good news out, normally it will drop..
After that will big up...

I am waiting the BIG DROP..

HUHUHU.. Don't blame me.. Guys.

Hi Stupid, don';t try to promote cheap useless stock here..

ini kalilah! Tmorrow limit up counter!

HI Mickey Mouse,

You haven't die kah ?

Stil commend bad to this counter.

it will drop soon because Stupid Taufiq will dispose for Benefit.

Journey To The West

I think it will all the way to RM2.50

Ah Woooooo!!!!!!!!!!!!!!

Spartan!!!!!!!!!

Wakanda Forever!!!!!!!!!!

Carepls, LKL, HLT, Esceram, Notion , Prlexus !

All limit Up !

Spartan 300 !
Hold the Flag !
There will be limit up or today and Monday!
All the way to RM3!

For those who take profit immediately they will deserve an expensive stock!

some bad news about Iris , resistant at 0.40.

So, when it reach 0.40 will announce MYEG get NIIS project.

Hence will trap another batch investors .

Becareful guys

Reply : Moon Cakes Let him die after that alive.

This share margin better than LKL all the times but share price why at 0.92 ?

LKL RM1 ?

LOL ..

Since this counter also doing Garment Mask (Healthcare Products) , and good margin since export to US (main).

Should be fly limit up what..
=) Just hold tight Guys!

can I buy 1 lot ?
Hahaha

HI Agua Mouse,
I am back.

Good to see you less Bad comments to HLT already.

BTW, you still need to explain those 3 consent from you last time,

1.PE so high
2.Export Less HL rubber
3.Court Case WRP

Tan Sri maybe got corruption case last time when BN ruling...
This is political share..
Be cautious.

I chat with their Old Boss Tan Sri Lim Soon Peng, he didn't reply me about the vaccine at all.. Sound like Tipu one.. LOL

Their Admin Cost 3 million plus..
Kind of expensive..
Director easily 60K per month.

Hi Paktua tut tut,

Love u So much.. Umuah!

=)

busukk Pak Tua..

Hi,
Paktua is gay ?

Hi Agua Mouse , ?

You not die yet ?

Today HLT going limit up again.

see what your explain?

1.PE high
2.Court Case
3.Export less

Hi All,

I am the victim of this counters.

All pls don't buy whatever MMAg or MMAG-WB.

once I bought at 0.40 I suddenly drop to 0.34 while mum MMAG is limit up son drop, I thought it will rebounds back the other day .

The other day mother MMAG surge up 1.91 but Son Drop another 0.15 to 0.19 only..

Frankly this is Scam Counter.

Today their AGM,

Can fk their director ?

Tomorrow AGm, for those who bought at 1.90 can query their directors.

Why Con/Scam our money.

Hahahahha

Collect at 1.15..

Thanks Shark!
=)

HLT 6 million 1.91, LKL 3 million just 1.04.

Waiting newest report.

If hit 10 million, possible higher than HLT.

Monday Limit Up.

Get ready.

Hi Agua Mouse !
I am back.

Stil posting old news ?

PDZ con counter. All directors eat shit and Sleeping.

Making loss all the time company.

PDZ will like MMAG today , limit down until -0.20.

All directors being accidents and Die.
Ham Kah Chan All.

MOnday limit down again.

SO Tuesday only allow Up , and not allow drop ?
=)

Hope Wednesday Limit Down again, Thursday Limit Down again..

Friday I enter.

Hi Chao Agua Mouse,

You are back..

Burung Kakak so happy now..

Singing on the tree..

Wish to see Agua Mouse talk bad HLT again...

LOL..

Ya I know,

Just she no need bad mouth talk bad to HLT.

Sohai Agua Mike.