MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.57

Today's Change

-0.01 (0.63%)

Day's Change

1.56 - 1.62

Trading Volume

5,693,800


11 people like this.

12,561 comment(s). Last comment by 11wenhao11 6 days ago

ChloeTai

1,433 posts

Posted by ChloeTai > 2 months ago | Report Abuse

I have seen gohkimhock No 2 position in I3 Stock Pick Contest 2024. Most gain from KGB-WB and MahSing. MahSing is a strong fundamental stock. I have bought my first batch of MahSing stocks at 1.78/1.79. Still got 4 more batches to buy at appropriate time and price.

ChloeTai

1,433 posts

Posted by ChloeTai > 2 months ago | Report Abuse

MahSing has successfully secured the 500MW power supply from TNB for its 20% Joint Venture with BridgeData Centre of 150 acre Data Centre in Southville City in Selangor.

ChloeTai

1,433 posts

Posted by ChloeTai > 2 months ago | Report Abuse

Things are moving. The Data Centre is not empty talk.

11wenhao11

348 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

Data center is a current trend, of course it is not an empty talk

ChloeTai

1,433 posts

Posted by ChloeTai > 2 months ago | Report Abuse

Now: RM1.79

Target prices:
RHB: RM2.26
Aminvest: RM2.09
TA Research: RM2.05
MIDF: RM1.94
Kenanga: RM1.87


speakup

26,648 posts

Posted by speakup > 2 months ago | Report Abuse

45 minit to go...........ARE YOU READY FOR CASINO DE BURSA????
Get ready to BET!
Bet small, win small
Bet Big, win Big!
Ini kalilahhhhhh! All in!

11wenhao11

348 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

Wah, majority of IBs raise Mahsing's target price

11wenhao11

348 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

Mah Sing’s fair value uplifted on Taman Desa project potential

https://themalaysianreserve.com/2024/07/10/mah-sings-fair-value-uplifted-on-taman-desa-project-potential/

troy88

2,974 posts

Posted by troy88 > 2 months ago | Report Abuse

Still much room for upside. Worth at least RM2.30

icecool

4,931 posts

Posted by icecool > 2 months ago | Report Abuse

looks like TP rm 2 coming soon

Eagle77

6,404 posts

Posted by Eagle77 > 2 months ago | Report Abuse

Buy SYSTECH to protect your AI/DC ✅

11wenhao11

348 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

Follow RHB's TP on Mahsing 😁

speakup

26,648 posts

Posted by speakup > 1 month ago | Report Abuse

Down 2¢ = game over?
Apalah

11wenhao11

348 posts

Posted by 11wenhao11 > 1 month ago | Report Abuse

Itu Air Selangor punya problem la, paperplane

11wenhao11

348 posts

Posted by 11wenhao11 > 1 month ago | Report Abuse

Not dead yet. Just a healthy pullback

11wenhao11

348 posts

Posted by 11wenhao11 > 1 month ago | Report Abuse

New high today !! Tomorrow Rm2 🚀

fruitcake

838 posts

Posted by fruitcake > 1 month ago | Report Abuse

holy crap😱😱

fruitcake

838 posts

Posted by fruitcake > 1 month ago | Report Abuse

a hard push yesterday, today support gone. CAUTION☠

Waem2889

12 posts

Posted by Waem2889 > 1 month ago | Report Abuse

Madness

Michael Kwok

6,334 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Sell call mahsing 1.86-1.88
The bullish run juat too long without major correction.
31/7/24 11am

gohkimhock

3,082 posts

Posted by gohkimhock > 1 month ago | Report Abuse

this Michael Kwok so noob. Today is 31/7/24. Later Tan KW will post the i3 stock pick competition results for July 24. Let you guys see his position.

fruitcake

838 posts

Posted by fruitcake > 1 month ago | Report Abuse

mahsing whats happening

Posted by GoToHolland > 1 month ago | Report Abuse

Weiii...mah sudah kan not sing...wkakakakakkaka

11wenhao11

348 posts

Posted by 11wenhao11 > 1 month ago | Report Abuse

Healthy correction is fine for me

fruitcake

838 posts

Posted by fruitcake > 1 month ago | Report Abuse

once broken bye bye already

fruitcake

838 posts

Posted by fruitcake > 1 month ago | Report Abuse

must sink to test 1.70 monday

Michael Kwok

6,334 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Dear mr goh
U have a pity 24 follower.wahhh 24 follower.means less helping people.me 280 follower.i dun use ai or any software but mr goh use 3-4 stock market software with 5-8 computer.i use only 1 computer and 1 smart phone.
Somemore mr goh,pity to tease people like tht.in competition and in reality not the same.
Ai and software guided investment,mr goh say he good.Pity people,eventhough u rich.hear u got rm 10-20 million in ur account.why dun u talk,and i learn.last in competition dun means anything.the real thing,i make money.
2/8/24 6.40pm
Posted by gohkimhock > 2 days ago | Report Abuse

this Michael Kwok so noob. Today is 31/7/24. Later Tant the i3 stock pick competition results for July 24. Let you guys see his position.

11wenhao11

348 posts

Posted by 11wenhao11 > 1 month ago | Report Abuse

It means bye bye or buy buy today, fruitcake ? 😆

Michael Kwok

6,334 posts

Posted by Michael Kwok > 1 month ago | Report Abuse

Duh,u see u see.many say i talk cock when i say sell,sell.or reduce holding.or turn to lalala when i say sell.
5/8/24 9.46pm.

gohkimhock

3,082 posts

Posted by gohkimhock > 1 month ago | Report Abuse

@MichaelKwok you are making a mockery out of yourself. Which stock never come down on black Monday? Try shorting MahSing if you have balls..

lcng123

1,119 posts

Posted by lcng123 > 1 month ago | Report Abuse

Mahsing will strongly come back after a big drop

11wenhao11

348 posts

Posted by 11wenhao11 > 1 month ago | Report Abuse

Back to RM2 journey

EVO118

2,052 posts

Posted by EVO118 > 1 month ago | Report Abuse

Gap closed. Time for a hugh upside!

11wenhao11

348 posts

Posted by 11wenhao11 > 1 month ago | Report Abuse

Mah Sing has completed the acquisition of the 500-acre M Legasi freehold township in Semenyih and M Legasi is anticipated to have a gross development value (GDV) of RM3.3 billion 💰

https://www.nst.com.my/property/2024/08/1087173/mah-sing-completes-500-acre-semenyih-land-deal

calvintaneng

56,242 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

RISE OF DIESEL PRICE BY 52% CAUSED PROPERTY, CONSTRUCTION AND OTHERS CUT INTO THEIR PROFITS, BETTER BUY EAST MALAYSIA OIL PALM STOCKS DUE TO NO DIESEL PRICE SPIKE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-16-story-h-154165970-RISE_OF_DIESEL_PRICE_BY_52_CAUSED_PROPERTY_CONSTRUCTION_AND_OTHERS_CUT_

BE CAREFUL

gohkimhock

3,082 posts

Posted by gohkimhock > 3 weeks ago | Report Abuse

Palm oil counters? Go fly kite la. Cost of harvesting is almost 3k. Not far from its current market price.

As for properties, it is the best safeguard against inflation.

11wenhao11

348 posts

Posted by 11wenhao11 > 3 weeks ago | Report Abuse

OPR is expected to decrease after the Fed cuts interest rates. This is good for property stocks

Kim

4,250 posts

Posted by Kim > 2 weeks ago | Report Abuse

RM1.85
RM1.90

Coming

Kim

4,250 posts

Posted by Kim > 2 weeks ago | Report Abuse

Sapu before 1.80 later break

Kim

4,250 posts

Posted by Kim > 2 weeks ago | Report Abuse

1.82 first.

9trader

15 posts

Posted by 9trader > 2 weeks ago | Report Abuse

shd have good news coming

Posted by OldtimerTrader > 2 weeks ago | Report Abuse

almost ready

Arun008

16 posts

Posted by Arun008 > 2 weeks ago | Report Abuse

why down?

11wenhao11

348 posts

Posted by 11wenhao11 > 2 weeks ago | Report Abuse

Mahsing also kena margin call ....?

Unknown404

291 posts

Posted by Unknown404 > 2 weeks ago | Report Abuse

All property stocks are down today

Arun008

16 posts

Posted by Arun008 > 1 week ago | Report Abuse

QR result release today?

gohkimhock

3,082 posts

Posted by gohkimhock > 1 week ago | Report Abuse

PETALING JAYA: Mah Sing Group Bhd has posted a strong eight-month sales performance of RM1.66bil, putting it on track to meet its minimum annual sales target of RM2.5bil.

The property developer said the sales were driven primarily by its M Series, which attracted strong interest from first-time home buyers.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the group remains committed to meeting the evolving needs of the market.

“With plans to further expand our M Series and introduce new offerings, we are well-positioned to continue our upward trajectory and achieve our 2024 objective,” he said in a statement.

He added the group is on track for a strong financial year 2024 (FY24) performance, supported by RM2.43bil in unbilled sales.

The group’s data centre portfolio is expected to further enhance long-term earnings through recurring income and value unlocking opportunities.

For the second quarter ended June 30, 2024 (2Q24), Mah Sing recorded a net profit of RM60.21mil or an earnings per share (EPS) of 2.37 sen.

This was an improvement from the RM50.48mil net profit or EPS of 2.08 sen it registered in 2Q23.

Revenue for the period was however down 10.2% year-on-year to RM578.39mil.

For the cumulative six months of the year (1H24), Mah Sing posted a net profit of RM120.26mil or an EPS of 4.84 sen against earnings of RM100.53mil or an EPS of 4.14 sen in 1H23, while revenue dipped to RM1.14bil from RM1.29bil in 1H23.

Its balance sheet remains healthy with RM911.5mil in cash and bank balances and investment in short-term funds, as well as a low net gearing of 0.10 times as at end-June 2024.

Mah Sing has secured land with nearly RM10bil in new gross development value, ensuring sustainable earnings visibility.

It has fresh cash flow of about RM500mil, which is periodically generated from vacant possessions.

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