Posted by Hooi369 > 2020-08-14 16:27 | Report Abuse

go go go...haha

Posted by Plantermen > 2020-08-15 10:17 | Report Abuse

All counters got hit { bad week for stocks} rumors of gloves counter imposed by certain securities houses ban for contra play led to this rampage. Earlier was their margin limitations imposed all this sh *t brings a stop to the bull parties. They are unhappy all the high volume channel thru on line trades { not thru their firms} just my 2 sen

Posted by henry888 > 2020-08-15 10:28 | Report Abuse

Of course online is cheaper and easier to monitor in case of any unforeseen circumstances/any cut loss.

Posted by Godofgambler > 2020-08-15 17:09 | Report Abuse

Over Rm1 soon

Posted by denzadesu > 2020-08-15 21:45 | Report Abuse

yeap, people collecting at 0.705

Posted by Hooi369 > 2020-08-17 08:04 | Report Abuse

gogogogo

Posted by BigPro > 2020-08-17 11:14 | Report Abuse

Market sentiment not good,,, will further drop down for few days or week...

Posted by denzadesu > 2020-08-17 11:32 | Report Abuse

better, time to collect for dividend

Posted by Hooi369 > 2020-08-17 13:27 | Report Abuse

awaiting drop...but not much drop le...lol

Posted by denzadesu > 2020-08-18 18:54 | Report Abuse

yum2, thanks for entry at 0.705

Posted by Godofgambler > 2020-08-18 23:37 | Report Abuse

See mahsing going up soon.

Posted by thesteward > 2020-08-19 00:23 | Report Abuse

Tomorrow could be Mahsing turn to limit up

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

Mahsing also into health care . Hope today it’s turn to shine

Posted by Good123 > 2020-08-19 09:10 | Report Abuse



Mah Sing Group Bhd is the biggest beneficiary of the reintroduction of the HOC as most of its projects are eligible and are in strategic locations. In 2019,60% its assets were sold under the HOC

PETALING JAYA: Property developers are seeing strong bookings, particularly in June, since the reintroduction of the Home Ownership Campaign (HOC).

However, UOB Kay Hian said the conversion from bookings into sales remains a concern, as evidenced by the lower mortgage loan approval rate by the central bank.

“Mah Sing Group Bhd is the biggest beneficiary of the reintroduction of the HOC as most of its projects are eligible and are in strategic locations. In 2019,60% its assets were sold under the HOC.”

Even though most property companies experienced a surge in the number of property bookings during the second quarter of this year, UOB Kay Hian said the conversion of bookings into actual sales will be less encouraging, given stringent financing by banks.

“Traditionally, companies under our coverage report a conversion rate of between 50% and 70%.

“But due to the pandemic, the conversion rate has been lowered to below 50% on average.

“According to Bank Negara, mortgage applications in June increased significantly to RM25.4bil, which mirrored the amount in May 2019, a month after the first HOC was officially launched last year.

Prospective buyers looking at a model of a Mah Sing project

“Furthermore, apart from the HOC, the strong loan applications were also attributable to the back-loading effect due to the movement control order.”

The government reintroduced the HOC in June under the Short-Term Economic Recovery Plan (Penjana).

Under the campaign, stamp duty exemption will be provided on the transfer of property and loan agreement for the purchase of home priced between RM300,000 and RM2.5mil. Meanwhile, the exemption on the instrument of transfer is limited to the first RM1mil of the home price, while full stamp duty exemption is given on loan agreement effective for sales and purchase agreements signed between June 1 to May 31,2021.

In addition, the government has announced real property gains tax exemption for Malaysians for the disposal of up to three properties between June 1,2020 and Dec 31,2021.

The HOC was kicked off in January last year to address the overhang problem in the country.

The campaign, which was initially intended for six months, was extended for a year.

The HOC proved successful, having generated total sales of RM23.2bil in 2019, surpassing the government’s initial target of RM17bil.

Citing Bank Negara statistics, UOB Kay Hian said mortgage loan approval rates declined to a historic low of 24.5% as at June 2020.

“In absolute terms, out of RM25.4bil of mortgage loans applied in June, only RM6.3bil were approved. This was largely due to the fact that banks are becoming more stringent in dishing out mortgage loans, particularly to applicants that are employed in sectors affected by Covid-19, such as hospitality, aviation and tourism.

“For perspective, prior to the Covid-19 pandemic, mortgage loan approval rates were at 43.3% and 43.1% respectively for 2018 and 2019.”

Additionally, the research house said more companies are diversifying into healthcare.

“In light of the pandemic, there are a handful of local property developers who have recently ventured into the healthcare business.

“We are concerned about this development, especially for property developers with no expertise in either manufacturing or the healthcare segment.

“Our concern is on the grounds of potential oversupply of healthcare-related products, particularly with the massive production in China where the barriers to entry are relatively lower.”

Posted by aloha > 2020-08-19 11:25 | Report Abuse

evening sure limit up!

Posted by aloha > 2020-08-19 11:52 | Report Abuse

insider news....they will push the price

Posted by hcthey > 2020-08-19 12:15 | Report Abuse

hopefully the insider news will eventually come true. soon or later I am confident that it will break RM1.00. the latest by the end of sept..

Posted by aloha > 2020-08-19 12:16 | Report Abuse

RM 1.00 not a big deal

Posted by denzadesu > 2020-08-19 12:31 | Report Abuse

wohoo, shining

Posted by KenKen84 > 2020-08-19 13:21 | Report Abuse

Break 1.0 not an issue , problem is nowadays a lot of short term traders . Very kiasi..

Posted by denzadesu > 2020-08-19 13:24 | Report Abuse

time to shine,
come2, before 0.80,
dividend is near,
have some

Posted by Godofgambler > 2020-08-19 18:48 | Report Abuse

Dividen near...
Mahsing diversified into HC

Posted by henry888 > 2020-08-20 10:34 | Report Abuse

@KenKen84. short term trader should not be a problem at all. See Topglove, supermax, careplus, komark aemulus, etc...how much they have goreng....

Posted by Kho Nyiap Hong > 2020-08-20 14:33 | Report Abuse

Seem like the show is just begin.

Posted by henry888 > 2020-08-20 14:50 | Report Abuse

Ya, Tuesday and especially Wednesday sapu kuat..

Posted by DreamKaiser > 2020-08-20 23:12 | Report Abuse

waah

Posted by DreamKaiser > 2020-08-20 23:12 | Report Abuse

up 6.25%

Posted by DreamKaiser > 2020-08-20 23:13 | Report Abuse

sudah cukup kuat

Posted by DreamKaiser > 2020-08-20 23:13 | Report Abuse

congratulations

Posted by DreamKaiser > 2020-08-20 23:13 | Report Abuse

well done

Posted by DreamKaiser > 2020-08-20 23:13 | Report Abuse

keep up the good work

Posted by Plantermen > 2020-08-21 09:25 | Report Abuse

Dividend coming

Posted by aloha > 2020-08-21 10:14 | Report Abuse

limit up plssssss

Posted by quekkeong > 2020-08-21 11:03 | Report Abuse

will keep investment after dividend payout, fundamental still good,.

Posted by Plantermen > 2020-08-21 11:13 | Report Abuse

MAH sing eyeing existing PPE factory in Johor. Rumours speculating a new set up operating early this year. Nothing confirmed at this point of time

Posted by Ason Chee Soon > 2020-08-21 11:44 | Report Abuse

Waiting until RM 0.60 buy in, now too high

Posted by bonds56 > 2020-08-21 12:55 | Report Abuse

Limit Up later?
Still cheap to buy. RHB TP 0.95

Posted by KenKen84 > 2020-08-21 12:55 | Report Abuse

No more 0.60 .. strong resistance at 0.70 tested at past , will continue to fly high and correction at next level instead of 0.6

Posted by Ason Chee Soon > 2020-08-21 13:00 | Report Abuse

Will over RM 1 ?

Posted by denzadesu > 2020-08-21 13:07 | Report Abuse

buy some, get dividend

Posted by Kho Nyiap Hong > 2020-08-21 13:15 | Report Abuse

The price moving up must not be too volatile. Slow and steady then can sustain the uptrend support with strong fundamental and future growth potential.

Posted by KenKen84 > 2020-08-21 13:25 | Report Abuse

agreed, dont come to goreng ... this is healthy stock with good management team

Posted by bonds56 > 2020-08-21 13:38 | Report Abuse

Yes.agrer

Posted by henry888 > 2020-08-21 14:25 | Report Abuse

Better goreng like careplus for example. When i first sighted this stock at 0.30 hesitated to go in and day by day until today is over 4.00. If not goreng like theTP set by Bank how many percent increase only. After all you are not married to the stock.

Posted by KenKen84 > 2020-08-21 14:49 | Report Abuse

then welcome you go careplus for goreng pisang . thanks !

Posted by gardenia123 > 2020-08-21 15:46 | Report Abuse

mahsing buy Wrp?

Posted by Godofgambler > 2020-08-21 16:10 | Report Abuse

Soon will fly .
Tp2.00

Posted by denzadesu > 2020-08-21 20:14 | Report Abuse

nicely closed,
strong uptrend momentum.

Posted by Godofgambler > 2020-08-21 20:15 | Report Abuse

Dividen lai lai
Mari mari

Posted by gardenia123 > 2020-08-21 22:28 | Report Abuse

Fly to rm1 next week