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

bsngpg

2,844 posts

Posted by bsngpg > 2013-08-15 21:51 | Report Abuse

Hi Sasopi87 : Are you talking about Mahsing ? If yes, how long have you waited?

Just would like to share with you that I started to follow up this counter since 2007 and started accumulating since Sep 2009. Only until 2013, I see a significant movement. I will keep this counter for many years down the road if the trend of its business continues. Therefore I conclude that long term investment is a lonely game. What do you think ?

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-16 10:17 | Report Abuse

hi bsngpg, u kept this stock for so long already, how the dividend given for this stock annually?is that better then kept cash in bank? furthermore, u bought early very cheap that time..esp during 2009..smart loh

bsngpg

2,844 posts

Posted by bsngpg > 2013-08-16 10:40 | Report Abuse

Hi Kutty : Div in Sep 13 is 76 sen @ 2.36= 3.2%. Is it better than bank ?
I forecast eps of 2013 is 23sen. With committed minimum 40% DPO, div for 2014 is 9.2sen=3.9%. Eps for another year will be 26sen and div 10.4sen=4.4%. This yield may not be attractive to investors who go in now but since my average entry price is lower, my yield is higher and it is about similar to rental rate from a normal shop. So I treat Mahsing as a shop which gives reasonable rental while appreciating along.
The most critical condition is that its business continues with the current trend which is something I need to follow up closely.
Good luck.

shinferre

82 posts

Posted by shinferre > 2013-08-16 12:16 | Report Abuse

23 Aug will announce 2nd quarter report. Sin Chew Jit Poh, Malaysia - Mah Sing Q 2 Net Profit Might Hits RM80 Million. Let's see if company hits analyst estimation.

louise123

190 posts

Posted by louise123 > 2013-08-16 12:37 | Report Abuse

Hi, Kutty, dont hesitate, if you got extra in the bank, you should invest in Mahsing since the mother price is low now, you can keep it for short- mid term or mid-long term, but of course not buying 1 or 2 lot lah, perhaps can buy at least 10 lots for short-mid terms while waiting for the 2nd quarter report :)

shinferre

82 posts

Posted by shinferre > 2013-08-16 12:40 | Report Abuse

Hafiz Mahsing is a trishaw which sometimes will broke down and reverse lol...

oasischeah

1,461 posts

Posted by oasischeah > 2013-08-16 12:53 | Report Abuse

Have confidence on Mahsing. This is a truely good investment.

loh1234

81 posts

Posted by loh1234 > 2013-08-16 13:14 | Report Abuse

quarterly results likely be issued today or early next week based on historical dates. If results and fundamental permits -> good press -> share price naik. Else, if prices remained sideways, prices likely naik end of the month, or early next month before ex-date.

My point, price will naik. =)

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-16 17:04 | Report Abuse

kept dropping?

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-16 17:07 | Report Abuse

so stupid

timl

322 posts

Posted by timl > 2013-08-16 17:11 | Report Abuse

how do u know the sellers are foreigners?

timl

322 posts

Posted by timl > 2013-08-16 18:52 | Report Abuse

i know about tapering issue but how do u know the selling today is from foreigners?

Posted by rocktan8833 > 2013-08-17 19:34 | Report Abuse

mah sing warran can keep now? seen price is low now....

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-18 16:10 | Report Abuse

with ringgit weaken to 3.27, foreign investors (own 28% of mah sing) will cabut, get ready to buy at 2.20-2.25, maybe later average down at 2.00-2.10. khazanah and pnb might snap up shares like there's no tomorrow thus preventing share price to free fall. they already makan spsetia and sunrise

wakarimas

1,043 posts

Posted by wakarimas > 2013-08-18 22:33 | Report Abuse

buy some and cabut after the bonus

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-19 10:15 | Report Abuse

lousy stock

bsngpg

2,844 posts

Posted by bsngpg > 2013-08-19 14:27 | Report Abuse

At least I know that you are not a patient investor. From historical trend, you and Mahsing are not the right match, unless Mahsing change today onward. In order to end mind torture, divorce is an option. Then find a sexy girlfriend elsewhere for happier life.

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-19 14:54 | Report Abuse

buy some and cabut after bonus, like wakarimas..no worth to be loyal,,

bsngpg

2,844 posts

Posted by bsngpg > 2013-08-19 14:57 | Report Abuse

Are you talking about Mahsing ? Bonus from Mahsing has over months ago, no more bonus.

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-19 14:59 | Report Abuse

5 sept? they pull out?

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-19 15:05 | Report Abuse

many people already divorce with Mahsing? that y price drop?haha

timl

322 posts

Posted by timl > 2013-08-19 15:35 | Report Abuse

sept is dividend.. nt bonus =-='' ppl are worried about US tapering which might affects property sector.. depends on wat is ur stance on it, u will either stuck with the stock or earn a lot when the tapering effect is nt as great as everyone think..

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-19 15:53 | Report Abuse

hafiz, u show buy another 10 lot for mahsing.

timl

322 posts

Posted by timl > 2013-08-19 15:58 | Report Abuse

tapering news was few months back but the actual action will starts next month so i guess some of them want to pull back b4 that..

bone

968 posts

Posted by bone > 2013-08-20 12:30 | Report Abuse

Dropping dropping..

louise123

190 posts

Posted by louise123 > 2013-08-20 12:42 | Report Abuse

terrible market now and hope it will rebound tomorrow for merdeka, think positive, hahahaha :)

Hustle

3,615 posts

Posted by Hustle > 2013-08-20 12:46 | Report Abuse

EPF looks like disposing drastically

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-20 14:20 | Report Abuse

1st day i bought mahsing already drop..i kept top up average down..kept dropping like no tomorrow..another supermx

topseeker

222 posts

Posted by topseeker > 2013-08-20 15:10 | Report Abuse

I drop until Pk ady... damn.... thinking want to cut loss.

timl

322 posts

Posted by timl > 2013-08-20 15:14 | Report Abuse

nt the prob with the counter.. the whole klci is red with >2% down.

oasischeah

1,461 posts

Posted by oasischeah > 2013-08-20 15:18 | Report Abuse

Pick up when people are panic. Strong fundamentals for this company.

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-20 15:19 | Report Abuse

tomorrow cheaper?

oasischeah

1,461 posts

Posted by oasischeah > 2013-08-20 15:53 | Report Abuse

Don't worry about tomorrow. Real investors will pick up fundamentals.

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-20 15:54 | Report Abuse

u pick another 10 lots now?

wakarimas

1,043 posts

Posted by wakarimas > 2013-08-20 16:17 | Report Abuse

what happened today? all stock drop?

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-20 16:19 | Report Abuse

is chance for u to buy

lching

1,402 posts

Posted by lching > 2013-08-20 16:23 | Report Abuse

can get better price later, just like the property it sells.

Kutty123

1,585 posts

Posted by Kutty123 > 2013-08-20 16:27 | Report Abuse

dissappointed

sasopi87

641 posts

Posted by sasopi87 > 2013-08-20 19:11 | Report Abuse

foreign funds continues to exit Malaysian equities......

wakarimas

1,043 posts

Posted by wakarimas > 2013-08-20 19:13 | Report Abuse

drop again....... but still got 7cent dividend to back up .

regnig

259 posts

Posted by regnig > 2013-08-20 19:21 | Report Abuse

Buy mah sing fundamental rather than the price..

sasopi87

641 posts

Posted by sasopi87 > 2013-08-20 19:29 | Report Abuse

but you want see a counter you buy, keep dropping everyday...?? i think no.........

ahkeong

4 posts

Posted by ahkeong > 2013-08-20 19:39 | Report Abuse

Buy mahsing and keep for medium or long term investment.

lching

1,402 posts

Posted by lching > 2013-08-20 20:06 | Report Abuse

wakarimas......7 cents is just a short distance.

lwalk

1,144 posts

Posted by lwalk > 2013-08-20 20:16 | Report Abuse

i like yistock's comments. very sound...

lching

1,402 posts

Posted by lching > 2013-08-20 20:23 | Report Abuse

YiStock.....remember, the high growth era for Maybank is over, can you name a blue chips with similar potential? Cold eye just 事后孔明。not much people can hold a stock for so many years. entry point is crucial in any investment, so do risk.
pull back is a buying opportunity, but averaging down is a bad idea. i mean better wait the stock to drop to an "investable" level than only buy.

ask4more21

176 posts

Posted by ask4more21 > 2013-08-20 20:29 | Report Abuse

what do u think abt 2Q result?

lching

1,402 posts

Posted by lching > 2013-08-20 20:32 | Report Abuse

wait for the com to announce.

ladzatz

975 posts

Posted by ladzatz > 2013-08-21 08:03 | Report Abuse

yet mahsing is not maybank...run run...why wait when the foreigners are running...if they come back i will surely come back also...so now is the time to dump mahsing shares...not worth waiting for now

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