MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.75

Today's Change

+0.03 (1.74%)

Day's Change

1.69 - 1.75

Trading Volume

5,996,400


11 people like this.

12,573 comment(s). Last comment by fruitcake 3 days ago

speakup

26,979 posts

Posted by speakup > 2024-07-17 12:36 | Report Abuse

Down 2¢ = game over?
Apalah

11wenhao11

369 posts

Posted by 11wenhao11 > 2024-07-19 16:08 | Report Abuse

Itu Air Selangor punya problem la, paperplane

11wenhao11

369 posts

Posted by 11wenhao11 > 2024-07-25 22:26 | Report Abuse

Not dead yet. Just a healthy pullback

11wenhao11

369 posts

Posted by 11wenhao11 > 2024-07-30 18:09 | Report Abuse

New high today !! Tomorrow Rm2 🚀

fruitcake

848 posts

Posted by fruitcake > 2024-07-31 10:25 | Report Abuse

holy crap😱😱

fruitcake

848 posts

Posted by fruitcake > 2024-07-31 10:30 | Report Abuse

a hard push yesterday, today support gone. CAUTION☠

Waem2889

12 posts

Posted by Waem2889 > 2024-07-31 10:56 | Report Abuse

Madness

Michael Kwok

6,415 posts

Posted by Michael Kwok > 2024-07-31 10:59 | Report Abuse

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

gohkimhock

3,114 posts

Posted by gohkimhock > 2024-07-31 11:08 | 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

848 posts

Posted by fruitcake > 2024-08-01 09:19 | Report Abuse

mahsing whats happening

Posted by GoToHolland > 2024-08-01 09:25 | Report Abuse

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

11wenhao11

369 posts

Posted by 11wenhao11 > 2024-08-01 18:33 | Report Abuse

Healthy correction is fine for me

fruitcake

848 posts

Posted by fruitcake > 2024-08-02 10:09 | Report Abuse

once broken bye bye already

fruitcake

848 posts

Posted by fruitcake > 2024-08-02 15:07 | Report Abuse

must sink to test 1.70 monday

Michael Kwok

6,415 posts

Posted by Michael Kwok > 2024-08-02 18:43 | 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

369 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

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

Michael Kwok

6,415 posts

Posted by Michael Kwok > 2 months 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

3,114 posts

Posted by gohkimhock > 2 months 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

1,123 posts

Posted by lcng123 > 2 months ago | Report Abuse

Mahsing will strongly come back after a big drop

11wenhao11

369 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

Back to RM2 journey

EVO118

2,121 posts

Posted by EVO118 > 2 months ago | Report Abuse

Gap closed. Time for a hugh upside!

11wenhao11

369 posts

Posted by 11wenhao11 > 2 months 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

56,423 posts

Posted by calvintaneng > 2 months 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

3,114 posts

Posted by gohkimhock > 2 months 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

369 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

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

Kim

4,321 posts

Posted by Kim > 2 months ago | Report Abuse

RM1.85
RM1.90

Coming

Kim

4,321 posts

Posted by Kim > 2 months ago | Report Abuse

Sapu before 1.80 later break

Kim

4,321 posts

Posted by Kim > 2 months ago | Report Abuse

1.82 first.

9trader

15 posts

Posted by 9trader > 2 months ago | Report Abuse

shd have good news coming

Posted by OldtimerTrader > 2 months ago | Report Abuse

almost ready

Arun008

16 posts

Posted by Arun008 > 2 months ago | Report Abuse

why down?

11wenhao11

369 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

Mahsing also kena margin call ....?

Unknown404

317 posts

Posted by Unknown404 > 2 months ago | Report Abuse

All property stocks are down today

Arun008

16 posts

Posted by Arun008 > 2 months ago | Report Abuse

QR result release today?

gohkimhock

3,114 posts

Posted by gohkimhock > 2 months 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.

JJPTR

195 posts

Posted by JJPTR > 3 weeks ago | Report Abuse

better get out , property stocks, huge tsunami is coming.

JJPTR

195 posts

Posted by JJPTR > 3 weeks ago | Report Abuse

Mahsing shows a similar pattern as PERTAMA chart
There was a suddeng plunge 2 months ago from 1.95 to 1.46
Now preparing for phase 2 of down leg...

minichart

23 posts

Posted by minichart > 3 weeks ago | Report Abuse

Mah Sing’s manufacturing segment is gaining momentum, with an ongoing expansion of its plastic business. Recently, the company entered a joint venture with its long-term Indonesian partner, PT Gaya, to increase the production and trading of plastic pallets, containers, and other handling and storage solutions. This joint venture is expected to increase Mah Sing’s manufacturing capacity by 10%, starting in October 2024.

With continued expansion plans, including new ventures in Thailand, Mah Sing is targeting further growth for its plastic manufacturing business, which may pave the way for a potential initial public offering (IPO) within the next three years. The Indonesian expansion alone is projected to drive a 10% increase in revenue for the plastic segment, unlocking additional value for shareholders and enhancing the company’s profitability.

https://www.minichart.com.sg/2024/10/09/mah-sing-group-expanding-growth-through-data-centers-manufacturing-and-property-development/

11wenhao11

369 posts

Posted by 11wenhao11 > 3 weeks ago | Report Abuse

Why compared Mahsing with Pertama...? Getting traumatized by it ? 😗

yeinemesis

106 posts

Posted by yeinemesis > 3 weeks ago | Report Abuse

Should compare Mahsing with other property counters. Not with IT Techs.

gohkimhock

3,114 posts

Posted by gohkimhock > 2 weeks ago | Report Abuse

MahSing is expected to experience further expansion in 2025. It is a dynamic entity with a strong potential for growth.

newbie9893

2,362 posts

Posted by newbie9893 > 1 week ago | Report Abuse

Mahsing pun pump & dump?

turbochart

517 posts

Posted by turbochart > 1 week ago | Report Abuse

Dump $ pump $ 😁 ?

lcng123

1,123 posts

Posted by lcng123 > 1 week ago | Report Abuse

1 day show

11wenhao11

369 posts

Posted by 11wenhao11 > 1 week ago | Report Abuse

Better than no show. ha

gohkimhock

3,114 posts

Posted by gohkimhock > 1 week ago | Report Abuse

老实说, 你们死马星都未死. MahSing momentum so strong. Those who managed to spot MahSing at the beginning of this year and still holding now, you are considered an intelligent and smart investor.

fruitcake

848 posts

Posted by fruitcake > 3 days ago | Report Abuse

buy their houses. never buy their shares. period !!

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