Posted by Godofgambler > 2020-07-31 18:36 | Report Abuse

Glove counter is going to kaput soon..
Mahsing got technology to make syringe plastic for vaccine.
You know how many plastic injection moulding Mahsing has? Answer ALOT.

Posted by Godofgambler > 2020-07-31 19:09 | Report Abuse

MAH Sing Group Berhad (Mah Sing) optimis meneroka peluang baharu dalam bidang kesihatan menerusi segmen pembuatan plastik.

Pengasas dan Pengarah Urusan Kumpulan, Tan Sri Leong Hoy Kum berkata, pihaknya kini dalam proses perancangan untuk melaksanakannya melalui anak syarikatnya, Mah Sing Plastics Industries Sdn Bhd (MSPI).


"Pada masa ini, kami dalam peringkat awal perancangan, tetapi teruja untuk merealisasikan peluang pertumbuhan baru dalam bidang kesihatan.

"Kami berhasrat menerokai peluang dalam pengeluaran produk penjagaan kesihatan dengan memanfaatkan rekod prestasi MSPI yang sudah terbukti selain kepakaran sebagai pengeluar plastik di Malaysia dalam perniagaan yang berpotensi ini.

"Dengan sumber dan kepakaran bahagian plastik sedia ada, kami optimis untuk usaha yang bermanfaat ini," katanya pada Lawatan Media ke MSPI di sini, semalam.

Leong berkata, segmen plastik terus memberikan sumbangan positif kepada prestasi syarikat dengan perolehan RM76.1 juta dan mencatatkan keuntungan operasi RM3.34 juta bagi suku berakhir 31 Mac tahun ini.

"Tahun lalu, segmen plastik menyumbang pendapatan RM327.1 juta atau 18.3 peratus kepada syarikat," katanya.

Bahagian plastik Mah Sing mempunyai operasi di Malaysia dan Indonesia dengan operasi di negara ini menerusi anak syarikat milik penuh kumpulan, sementara operasi di Indonesia adalah anak syarikat 65 peratus dengan pelanggannya merangkumi Panasonic, Daihatsu, Toyota, Mitsubishi, Nissan, Mercedes Benz dan Suzuki.

Artikel ini disiarkan pada : Jumaat, 31 Julai 2020

Posted by Jcfreedom > 2020-07-31 20:12 | Report Abuse

Be prepare to hit 0.80.... see it fly to the moon.....kakakaka

Posted by Godofgambler > 2020-07-31 21:24 | Report Abuse

https://www.theedgemarkets.com/article/mah-sing-foreign-worker-limit-will-not-affect-plastic-business-operations

Posted by Godofgambler > 2020-07-31 21:26 | Report Abuse

MSPI, which has been operating since 1979, is involved in manufacturing and supplying industrial-grade plastic products such as plastic pallets for businesses. More recently, the company has been moving into consumer products such as chairs and containers which are sold directly to consumers via online platforms.

The group is also looking to expand into the healthcare segment, according to Leong.

"At the moment, we are still in the preliminary stages of planning. However, we are excited to pursue new growth areas in healthcare. We are keen to pursue opportunities in the production of healthcare products," he said.

Asked if MSPI will be involved in the manufacturing of personal protective equipment, given the Covid-19 pandemic, Leong only said to wait for Mah Sing's announcement soon, although he did not give a timeline on when this announcement will be made.

MSPI is also looking to expand its Klang facility as well as set up logistic hubs in the southern and northern regions.

It is also going into the leasing business of plastic pallet rental, which will provide recurrent income.

The plastic business has continued to be a positive contributor to Mah Sing Group's revenue. For the financial year ended Dec 31, 2019, MSPI contributed RM327.1 million or 18.3% to the group's revenue.

At the midday break, Mah Sing rose 1.49% or one sen to 68 sen, with 10.2 million shares traded.

Posted by kolim13 > 2020-07-31 21:34 | Report Abuse

see on next week 0.80

Posted by abang_misai > 2020-07-31 22:25 | Report Abuse

Okok 1.00

Posted by Godofgambler > 2020-08-01 00:40 | Report Abuse

Tp1.80 new tp

Posted by Godofgambler > 2020-08-01 16:40 | Report Abuse

Monday super power up...
Double current price...

Posted by stkoay > 2020-08-01 17:14 | Report Abuse

Ha ha...Godofgambler how much shares do you own?

It has risen quite substantially from its recent trading range of 52-55 sen.

Let there be some consolidation....some profit taking....and some chance for new people to buy before next leg up.

Posted by Godofgambler > 2020-08-01 19:12 | Report Abuse

I bought at 0.80 before MCO
But i believe will cross beyond Rm1.00

Posted by Godofgambler > 2020-08-02 11:13 | Report Abuse

Tomorrow super up...
Mahsing helthcare industries.

Posted by abang_misai > 2020-08-02 11:29 | Report Abuse

Haha. If a crash helmet manufacturer can do health care product, it means many company can also do it.

Posted by abang_misai > 2020-08-02 11:31 | Report Abuse

https://www.klsescreener.com/v2/news/view/709231

Posted by abang_misai > 2020-08-02 11:31 | Report Abuse

https://www.klsescreener.com/v2/news/view/709231

Posted by will75 > 2020-08-02 11:58 | Report Abuse

Plastic injection moulding can do healthcare products? IMHO, not possibles

Posted by Hooi369 > 2020-08-02 12:59 | Report Abuse

Mah sing plastic product included lcd tv frame, air con, vacuum cleaner, microwave, lcd frame for led backlight frame...
I would say they have capability to mould medical product but they might need to get medical cert like ISO 13485 before they can sell medical product to medical field....
But they can start the business as tier 2 or tier 3 supplier for small gear parts like what they did for air con...
Who said cannot?

Posted by Godofgambler > 2020-08-02 17:22 | Report Abuse

Will75 really knows nothing....
Injection moulding basiclly cam make anything as long they have the right machines and mould.

Posted by NathanScott > 2020-08-02 23:44 | Report Abuse

I believe that if MS cannot penetrate into healthcare line, the news won’t simply announce the news. Many company can plan to penetrate into healthcare line but the news will filter which is more reliable and potential also. Correct me if I’m wrong, just sharing my thoughts. So news come out means good news for this counter too. :)

Posted by Hooi369 > 2020-08-03 07:52 | Report Abuse

you are right nathan...
later kena UMA..haha

Posted by Hooi369 > 2020-08-03 07:54 | Report Abuse

okay la basically...previously mah sing price more than rm1 now still below rm1 and came with 8% dividen...
medical product or healthcare field is a bonus for these stock...

but something i just found out is their plastic factory also contribute revenue...lol...i bought these stock because sales very good for their property and high % dividend nia...

Posted by Godofgambler > 2020-08-03 09:17 | Report Abuse

Up up up

Posted by Hooi369 > 2020-08-03 10:14 | Report Abuse

haha...slow and steady..

Posted by Thinkcarefully > 2020-08-03 17:23 | Report Abuse

Looks like not many people are gung ho about the plastic story

Posted by NathanScott > 2020-08-03 19:19 | Report Abuse

Do you mind explaining @thinkcarefully?

Posted by Godofgambler > 2020-08-03 21:32 | Report Abuse

Mqtech today top
But dont forget Mahsing business is quote similar with mqtech

Posted by Godofgambler > 2020-08-03 21:33 | Report Abuse

But put it this way MQtech business volume cant fight with Mahsing... We will see Mahsing fly soon.

Posted by 23wolf > 2020-08-04 00:17 | Report Abuse

Please fasten your seat belt. Flight Mah Sing 8583 will be taking off shortly.

Posted by Superb99 > 2020-08-04 10:54 | Report Abuse

Gambateh!

Posted by Hooi369 > 2020-08-04 11:31 | Report Abuse

continue hold...hehe...after added some ticket 0.64....

Posted by Superb99 > 2020-08-04 13:10 | Report Abuse

23wolf, this flight seems like yoyo...lol...so hard to breakout

Posted by Godofgambler > 2020-08-04 18:01 | Report Abuse

See you guys...
September will fly more...
Dividen coming...
Health care product coming in...

Posted by myviews > 2020-08-04 19:09 | Report Abuse

irl 72.5 / 765 /785
isl 70 / 68/66

Posted by Godofgambler > 2020-08-04 20:16 | Report Abuse

We will see Mahsing at Rm2.00

Posted by stkoay > 2020-08-04 21:37 | Report Abuse

Wow....half of that, I will be very happy already....ha ha

Posted by Godofgambler > 2020-08-04 22:49 | Report Abuse

Later you will see everyone rushing buy mahsing in early september...
It will be like a hot goreng pisang.

Posted by NathanScott > 2020-08-05 00:14 | Report Abuse

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-08-04/hong-kong-stocks-jump-suddenly-with-developers-leading-gains

Posted by Hooi369 > 2020-08-05 08:10 | Report Abuse

tik tok tik tok....still holding and watching mah sing rise slowly but steady...

Posted by nemesis > 2020-08-05 08:53 | Report Abuse

Today will be yet another meteoric rise to the 1.00 soon...even at 0.70 it is undervalued given the fact tat most Mahsing recent launching has a high take up rate of more than 90% even during this pandemic recession...futhermore now it ventures into healthcare is even more valuable n attractive to the big funds...

Posted by NathanScott > 2020-08-05 09:42 | Report Abuse

Break 0.725 **impresive**

Posted by super aloha > 2020-08-05 10:02 | Report Abuse

top up at 0.75.....fly to 0.85 soon...

Posted by Kepo Chuan > 2020-08-05 10:05 | Report Abuse

Disgusting,last time the share price was only half of spsetia,now already same with it.....mahsing bcum goreng stock nowadays

Posted by Godofgambler > 2020-08-05 10:09 | Report Abuse

Current price now still very cheap

Posted by Godofgambler > 2020-08-05 10:44 | Report Abuse

Kepo you should see what what business they do.. They also have plastic injection moulding business which is thier core and main business..
From datuk nenek time they do this business already.

Posted by Godofgambler > 2020-08-05 10:49 | Report Abuse

Alli can say safe to invest is duopharma and mahsing now.

Posted by Godofgambler > 2020-08-05 11:22 | Report Abuse

Now people only realise Mahsing main business is injection moulding...many thought mahsing doing property only.mahsing to venture healthcare is piece of cake only. They have many years on experience in plastic injection moulding.

Posted by siiyang96 > 2020-08-05 11:28 | Report Abuse

wow break .75...

Posted by chonloo13 > 2020-08-05 11:36 | Report Abuse

tighten up your seat belts.. broke 0.75. I think good news coming soon

Posted by paperplane > 2020-08-05 11:36 | Report Abuse

so mahsing do healthcare?? lol

Posted by Godofgambler > 2020-08-05 11:37 | Report Abuse

Mahsing got billions of cash...
Venture healthcare only like peanuts job.