MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

0.605

Today's Change

+0.005 (0.83%)

Day's Change

0.595 - 0.605

Trading Volume

1,039,000


9 people like this.

11,899 comment(s). Last comment by EVO118 5 days ago

EVO118

1,710 posts

Posted by EVO118 > 2022-08-03 07:33 | Report Abuse

Mah Sing’s unit served with winding-up petitions.
https://www.theedgemarkets.com/article/mah-sings-unit-served-windingup-petitions

singkalin

351 posts

Posted by singkalin > 2022-08-10 14:40 | Report Abuse

Down and down and down. How low can you go.

EVO118

1,710 posts

Posted by EVO118 > 2022-08-16 16:50 | Report Abuse

"Mah Sing Group Bhd has been placed in the Top 10 of Fastest-Growing Malaysian Brands 2022 by brand valuation consultancy Brand Finance. Brand Finance said the property developer jumped 10 spots to record the biggest improvement in brand value, together with healthcare service provider IHH Healthcare Bhd. (NST)"

singkalin

351 posts

Posted by singkalin > 2022-08-17 12:00 | Report Abuse

Champion in press.
Lowest in price.
Good news, but price reverse.

Ahboy96

84 posts

Posted by Ahboy96 > 2022-08-17 12:07 | Report Abuse

No eye see this mah sing...

Posted by angrychong > 2022-08-19 07:25 | Report Abuse

股价不能反映报纸宣传它是产业界的佼佼者,也许公司面对不可告人的困境

MAX8186

57 posts

Posted by MAX8186 > 2022-08-19 14:47 | Report Abuse

Ex date: 15/9
2.65 sen per share. DY 4.5%. Sounds good to me.

Nepo

2,681 posts

Posted by Nepo > 2022-08-21 07:26 | Report Abuse

Too bad this co involves in glove making

azfar8

837 posts

Posted by azfar8 > 2022-08-24 08:51 | Report Abuse

Yes Nepo. They enter the new industry at the industry's peak. It's good to deversified when their line has already saturated, but venture into the peak season, it's the one that you have to avoid. at that time we have already top four, together with many other glove companies. There are still ways for them, if they want to be back on track with their old line. Sometimes when we are being too creative, we tend to forget the base. Something still can be done in property sector

Posted by Snowpiercer > 2022-08-29 17:59 | Report Abuse

Itchy butt to go into gloves....i guess greed

EVO118

1,710 posts

Posted by EVO118 > 2022-08-30 06:33 | Report Abuse

"Its manufacturing segment, however, posted an operating loss of RM8.99 million as compared to an operating profit of RM6.13 million previously, despite revenue rising 19.52% to RM214.05 million from RM179.09 million, mainly due to lower absorption of overheads due to low production volume at its glove plant. "Barring unforeseen circumstances, the group expects plant efficiency and performance to improve as production volume ramps up,” it said."
https://www.theedgemarkets.com/article/mah-sings-2q-profit-strengthens-achieving-highest-quarterly-halfyear-sales-2017

That is a hell of alot of loss profit (from profit to loss) from gloves that the rest of the segment of business have to cover.

EVO118

1,710 posts

Posted by EVO118 > 2022-09-02 15:16 | Report Abuse

Mah Sing's Erica Phase 3 at Meridin East fully taken up.
https://www.theedgemarkets.com/article/mah-sings-erica-phase-3-meridin-east-fully-taken

singkalin

351 posts

Posted by singkalin > 2022-09-05 15:36 | Report Abuse

Why Mahsing Director never purchase it's own shares.
Not confidence

Yu_and_Mee

3,203 posts

Posted by Yu_and_Mee > 2022-09-05 15:44 | Report Abuse

maybe he need to spend money for other purpose instead of buying back share

CHLEONG888

899 posts

Posted by CHLEONG888 > 2022-09-08 07:33 | Report Abuse

Hot stuff, will continue next couple of days?

EVO118

1,710 posts

Posted by EVO118 > 2022-09-08 09:06 | Report Abuse

Malaysia Vs. China, Who Will Win The Glove Race?
https://klse.i3investor.com/web/blog/detail/bfm_podcast/2022-09-05-story-h1628908105-Malaysia_Vs_China_Who_Will_Win_The_Glove_Race

I am sure most of you have listern to this. Fair comment about a property company diversifying into gloves. Guess who? MHO they should sell it off like selling their properties, except it is ready made to go with the property for added value.

EVO118

1,710 posts

Posted by EVO118 > 2022-09-08 09:38 | Report Abuse

Technical indicators are encouraging for Mah Sing, says Apex Securities.
https://www.theedgemarkets.com/article/technical-indicators-are-encouraging-mah-sing-says-apex-securities

singkalin

351 posts

Posted by singkalin > 2022-09-13 19:19 | Report Abuse

Good news but bad price.

Jack888

774 posts

Posted by Jack888 > 2022-09-26 09:41 | Report Abuse

Lower low ... no cure !!

Posted by rulethemarket > 2022-10-11 10:43 | Report Abuse

this should be the rock bottom already?

cedcan

286 posts

Posted by cedcan > 2022-10-19 10:10 | Report Abuse

Go MahSing!

pinetree88

153 posts

Posted by pinetree88 > 2022-10-19 10:23 | Report Abuse

Mah sing also have gloves biz but so far not rally with the glove gang yet. Got in 0.52 today think his turn will come v soon.

zhen wei & JP

1,106 posts

Posted by zhen wei & JP > 2022-10-27 09:47 | Report Abuse

Buy Call.

Ahboy96

84 posts

Posted by Ahboy96 > 2022-10-29 10:03 | Report Abuse

stuck at high price... thinking to sell and invest into another counter

Posted by ITreeinvestor > 2 months ago | Report Abuse

US stocks end sharply lower as Fed hints at more rate hikes

Posted by scn12345678 > 2 months ago | Report Abuse

When ib give buy call, better you sell, when they give sell call, you better buy ha ha

slumdoge

33 posts

Posted by slumdoge > 2 months ago | Report Abuse

Many buy call, better ignore

James Ng

2,622 posts

Posted by James Ng > 2 months ago | Report Abuse

[转贴] [Video:浅谈MAH SING GROUP BERHAD, MAHSING, 8583] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-11-17-story-h1652052115

Posted by 11wenhao11 > 2 months ago | Report Abuse

Mah Sing Bhd recorded a 32% increase in property sales in the nine months to Sept 30, 2022, which shored up the property developer's revenue and bottomline for the period.

In a statement, the group said its property sales of RM1.69bil, compared with RM1.28bil in the same period las year, was mainly owing to new launches and ongoing projects under its M Series affordable development.

"The strategic focus on M Series affordable developments in recent years has positioned the group well to capture the resilient first-home buyers' market.

Posted by 11wenhao11 > 2 months ago | Report Abuse

For the nine months period, Mah Sing posted a net profit of RM133.27mil, up from RM120.85mil in the same period in 2021. Earnings per share was 4.57 sen versus 3.86 sen in 9MFY21.

Revenue rose to RM1.65bil as compared with RM1.22bil in the comparative period.

By segment, the property development business recorded an operating profit of RM247.5mil on the back of revenue of RM1.3bil, which represented increases of 30.8% and 41.3% year-on-year respectively.

Posted by 11wenhao11 > 2 months ago | Report Abuse

On future plans, Leong said the group plans to launch M Astra in Setapak by 4Q22, while our upcoming developments to be launched include M Nova in Kepong, Phase 3 of M Senyum in Salak Tinggi, Phase 1B of M Panora in Rawang and Meridin East (Jasmine and Erica West) in Johor Bahru.

"We believe now is still a good time for first-time homebuyers to purchase as buying property is the best hedge against inflation and out products are mainly for customers who are buying for own stay," he added.

The group's balance sheet improved with net gearing at a new low of 0.27 times as at Sept 30, 2022.

Mah Sing has a remaining landbank of 1,916.73 acres with a remaining gross development value of RM21.12bil.

MAX8186

57 posts

Posted by MAX8186 > 2 months ago | Report Abuse

Today's volume is extraordinary. It signifies something positive.

Superb99

6,489 posts

Posted by Superb99 > 2 months ago | Report Abuse

I only see last minutes operator ran away like no tomorrow

mf

26,643 posts

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

33,634.45

-218.08

0.64%

CHLEONG888

899 posts

Posted by CHLEONG888 > 2 months ago | Report Abuse

Extraordinary huge volume, will it breaks 0.63 today????

MAX8186

57 posts

Posted by MAX8186 > 1 month ago | Report Abuse

First TP achieved. Next, 0.635. Insyallah, it can break this level. With business getting better and back to normal, a dividend of 4 to 6 sen is possible. It should be back to 2018 prices, ie RM1.10+-

Armageddon

218 posts

Posted by Armageddon > 1 month ago | Report Abuse

Come on ,push it back up to 0.60!!!!

Posted by Jonathan Keung > 1 month ago | Report Abuse

Good qtr result announcement but price still not moving.

Plantermen

1,822 posts

Posted by Plantermen > 1 month ago | Report Abuse

Active new launches, capexp under Mah Sing group, low capital gearing & profitable but the biggest question. Why price still stuck at this price range { 56 - 60} aren't any IB covering or acquiring Mah Sing shares

Posted by Jonathan Keung > 1 month ago | Report Abuse

Buy 56-58 sen mah sing low risk

Posted by Jonathan Keung > 1 month ago | Report Abuse

You won't lose . Worse case scenario lose 5 sen

singkalin

351 posts

Posted by singkalin > 1 month ago | Report Abuse

why cannot move up ???
always goes down

davidkkw79

5,046 posts

Posted by davidkkw79 > 1 month ago | Report Abuse

Mahsing no more business in glove ?

newbie9893

1,285 posts

Posted by newbie9893 > 1 month ago | Report Abuse

All glove counter flying except Mahsing.................... wake up pls....

EVO118

1,710 posts

Posted by EVO118 > 3 weeks ago | Report Abuse

Mah Sing optimistic about property prospects for 2023.
https://www.theedgemarkets.com/node/650265

Same, same story. Just doesn't reflect in the sp.

MAX8186

57 posts

Posted by MAX8186 > 3 weeks ago | Report Abuse

Be patient.

winetime

421 posts

Posted by winetime > 2 weeks ago | Report Abuse

Mahsing slowly getting back on track

EVO118

1,710 posts

Posted by EVO118 > 2 weeks ago | Report Abuse

Mah Sing Ends 2022 with top accolades, sets higher benchmark for 2023 with minimum RM2.2 billion sales target and hunts for more lands.
https://www.theedgemarkets.com/content/advertise/mah-sing-ends-2022-with-top-accolades-sets-higher-benchmark-for-2023
Just need to walk the talk. Just start showing in the selling price. 0.575 is not helping.

singkalin

351 posts

Posted by singkalin > 1 week ago | Report Abuse

Why share price no benchmark.
Always goes downhill.

EVO118

1,710 posts

Posted by EVO118 > 5 days ago | Report Abuse

Exactly, is this going to ever take off past 0.60? Another $5M loss on the 3rd qtr from their glove experiment. Glove venture has been down from day 1, costing a fortune. When is that ever going to turnaround. Maybe sell the whole lot including the buiding as a package.

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