MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.73

Today's Change

-0.05 (2.81%)

Day's Change

1.73 - 1.79

Trading Volume

4,727,400


11 people like this.

12,567 comment(s). Last comment by gohkimhock 5 days ago

lkpiew

8 posts

Posted by lkpiew > 2020-10-21 14:06 | Report Abuse

in the old days, or movies, they are many fortune tellers put up a desk on street, they tell a bit and not the whole story (they don' know anyway) and make a living...those visited them will always link their success or failure to the message of the fortune teller....the best is, not to visit them.
let someone on the street to influence your fortune in the KLSE without doing home work, you are just another victim news on the Macau scam. No fortune teller should be able to determine your future, except yourself. be wise.

j11an9

126 posts

Posted by j11an9 > 2020-10-21 14:07 | Report Abuse

I do have some Luster, though not as much as MS.. maybe should balance it out a bit more u reckon.. 19c as good as it gets?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-10-21 14:09 | Report Abuse

Believe 90% know market is a bigger casino with no restrictions on players except underage, and just trying luck. Good luck.

sunnyleong

307 posts

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

U buy u die. That's all for now.

陈国荣

10 posts

Posted by 陈国荣 > 2020-10-21 14:11 | Report Abuse

I'm Bought in May, cost around Rm 0.40++ 100% ROI. I still haven't sell. Good luck for everyone ^^

nerdy123

46 posts

Posted by nerdy123 > 2020-10-21 14:17 | Report Abuse

they say, what goes up like a rocket would also plummet down

Yippy68

1,689 posts

Posted by Yippy68 > 2020-10-21 14:19 | Report Abuse

sold and now relax ,watching all the sohai acting a drama show., greedy you will die.

Posted by schuafamily > 2020-10-21 14:20 | Report Abuse

MAH SING TO START GLOVE PRODUCTION IN APRIL 2021 WITH READY FACTORY FOR INSTALLATION OF GLOVE DIPPING MACHINERY BY NOVEMBER 2020

Our fast turnaround model has served us well in all our various business ventures - from plastics, to property, and now gloves.

We are excited to share that Mah Sing’s new glove venture is on track to meet our targeted production date of April 2021 to meet strong pent-up demand.
Piling works has already commenced (to be completed by Nov 2020) for Phase 1’s production lines, comprising 12 units of new, high speed glove dipping machines at our glove manufacturing factory in Klang.

Here’s a quote from our Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum,
“Similar to our property development’s fast-turnaround business model, we are fast-tracking our diversification into gloves. Our first glove factory ready, and is ultra-long to accommodate modern, high speed machines which can run at a speed of 38,000 pieces of gloves per production line per hour. The factory also has a suitable roof height to house these mega machines. We have also secured supply of both Nitrile-butadiene rubber and latex raw materials, and should be able to quickly meet demand of our customers. We are targeting production by as early as April 2021.”

For more info visit : https://www.mahsing.com.my/.../mah-sing-to-start-glove...

xuxu

5,798 posts

Posted by xuxu > 2020-10-21 14:24 | Report Abuse

semua diam diam beli

Yippy68

1,689 posts

Posted by Yippy68 > 2020-10-21 14:25 | Report Abuse

two weels ago, many still said property company will face problem, today, MS look like the king of property counter, MS must thank all the water fish, still believe the impossible.

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-10-21 14:26 | Report Abuse

AVOID THE MAHSING GLOVE HYPE

HOW TO MAKE MONEY IF LUXCHEM ALREADY HIKED ASB PRICES BY MORE THAN 100%

AND GOING TO CHARGE EVEN MORE

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-10-21 14:28 | Report Abuse

MAHSING CANNOT SEE PROFIT TILL YEAR 2023 AS EXPENSES TO MAKE GLOVE FACTORIES NOW TOO HIGH

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-10-21 14:29 | Report Abuse

IT WILL TAKE 18 MONTHS FOR MAHSING TO SEE ANY REAL PROFITS

BY THEN VACCINE OUT

TunDaim

384 posts

Posted by TunDaim > 2020-10-21 14:30 | Report Abuse

MS will rebound

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-10-21 14:30 | Report Abuse

ALSO THERE WILL BE A HUGE GLUT IN GLOVES

TRILLIONS AND ZILLION GLOVES WILL FLOOD THE WORLD LIKE CRUDE OIL GLUT NOW

DIE

DIE

MAHSING

LEOW!!

DIE DIE SORCHAI LEOW!!

lkchew8

3 posts

Posted by lkchew8 > 2020-10-21 14:36 | Report Abuse

Market not moving

Posted by JohnLabuLabi > 2020-10-21 14:38 |

Post removed.Why?

Posted by ProsperousRealm > 2020-10-21 14:40 | Report Abuse

price on i3 forum has a 15-minute lag

So you will only see 2.35 pm price at 2.50 pm

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-10-21 14:42 | Report Abuse

NOW 80% OF i3 PUNTERS/GAMBLERS SURE KENA EATEN ALIVE BY

1) DIRTY IB BANKS FROM THE TOP

2) FAKE GLOVE STOCKS

https://www.youtube.com/watch?v=bk7McNUjWgw

POOR POOR SORCHAI ALL HO CHAM

Ibelieve

1,429 posts

Posted by Ibelieve > 2020-10-21 14:45 | Report Abuse

Ask you guys Stay At Home wisely invest, you guys play contra? If that's the case, this afternoon is T3 forcesell for last Friday and last hourse T2 for Monday. Drop!

DLLM99_kyy

920 posts

Posted by DLLM99_kyy > 2020-10-21 14:50 | Report Abuse

Wow..
Calvin Tan Eng is like BUrung kakak now..
Drop only appear here singing song.

Hahaha

calvintaneng

56,242 posts

Posted by calvintaneng > 2020-10-21 14:50 |

Post removed.Why?

DLLM99_kyy

920 posts

Posted by DLLM99_kyy > 2020-10-21 14:50 | Report Abuse

Piling stage now Mah Sing for the glove factory.
I just back from Mah Sing factory,,

DLLM99_kyy

920 posts

Posted by DLLM99_kyy > 2020-10-21 14:52 | Report Abuse

Don't forget Mah Sing still have business for
1. Development (Vaccine out also good for this business)
2. Plastic (Vaccine storage may need this, so vaccine out is good news for Mah Sing)
3. Glove (Vaccine out or no out also need Glove now, for medical or home use or commercial use)

So , Calvin BUrung Kakak or Dog Calvin stop barking..

Boringguy

1,090 posts

Posted by Boringguy > 2020-10-21 15:01 | Report Abuse

Haha....wonder today KYY how ah?? got get slap by mahsing latest news or not haha

mita29

1,064 posts

Posted by mita29 > 2020-10-21 15:12 | Report Abuse

I3 and calvin, Top gloves with 700+ production lines also lausai today lah (-6.0% as of now), those bought at 9.6 got eaten by big croc also if sold at loss. Today big croc very full, yum yum.

xuxu

5,798 posts

Posted by xuxu > 2020-10-21 15:14 | Report Abuse

afternoon no power, don't want to buy now

mita29

1,064 posts

Posted by mita29 > 2020-10-21 15:22 | Report Abuse

Top glove (700 production lines) TP : 10 (CIMB)
Top glove (700 production lines) TP : 9.7 (Public bank)
Top glove (700 production lines) TP : 13 (HLG)
Top glove (700 production lines) TP : 9.65 (Maybank)

Which big croc started eating lunch/dinner of proud TG shareholders..
Hope you run fast and took some profit which I did for mahsing with zero production line now. Happy trading guys!

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-21 15:23 | Report Abuse

wah mashing stil strong support kuat 1.10

mita29

1,064 posts

Posted by mita29 > 2020-10-21 15:24 | Report Abuse

yawor, zero production line ahahhahaha

mita29

1,064 posts

Posted by mita29 > 2020-10-21 15:25 | Report Abuse

don't sombong first later crash 10% ahahaha

Mcaresdk91

355 posts

Posted by Mcaresdk91 > 2020-10-21 15:25 | Report Abuse

lol.wait goreng 2nd round.

zainal84

44 posts

Posted by zainal84 > 2020-10-21 15:51 | Report Abuse

Mah Sing to start glove production in April 2021
TheEdge Wed, Oct 21, 2020 12:15pm - 3 hours ago


KUALA LUMPUR (Oct 21): Mah Sing Group Bhd is set to commence glove production in April 2021.

In a statement today, Mah Sing said it has commenced additional piling works to accommodate 12 units of new, high-speed glove dipping machines at its glove manufacturing factory in Kapar, Klang, to meet its targeted production date.

It said the piling works are expected to be completed by November 2020, to be immediately followed by installation of the machinery.

These 12 production lines are Phase 1 of Mah Sing’s diversification into gloves and have a maximum production capacity of up to 3.68 billion pieces of gloves per annum.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said similar to its property development’s fast turnaround business model, the firm is fast-tracking its diversification into gloves.

He said the factory has a suitable roof height to house mega machines.

“We have also secured supply of both nitrile-butadiene rubber and latex raw materials, and should be able to quickly meet [the] demand of our customers.

“We are targeting production by as early as April 2021,” said Leong.

Leong said Mah Sing’s glove business will be primarily be managed by a professional team with experience in glove manufacturing.

He said Mah Sing will be able to tap into the expertise and know-how of its regional plastics business in order to synergize with the gloves business.

With a build-up of approximately 228,800 sq ft, the current factory is Phase 1 of Mah Sing’s new foray into glove manufacturing.

Fabrication works for the new machinery have already started at the equipment supplier’s factory, and installation of the initial lines is expected to commence in November 2020; the first six production lines are expected to be ready for operation as early as the second quarter of 2021 (2Q21), followed by another six production lines by 3Q21.

Mah Sing is targeting a second phase of the expansion plan, which includes exercising the option to take up the other portion of the Kapar factory (build-up of approximately 287,500 square feet).

This could accommodate another 12 new production lines and increase the capacity up to another 3.68 billion pieces of gloves per annum. The Phase 2 expansion is targeted to happen when demand outstrips supply for Phase 1.

The property developer said that at this juncture, Mah Sing Healthcare Sdn Bhd has secured letters of intent from several prospective customers and the cumulative indicative orders have already exceeded the estimated maximum capacity for both phases of the Kapar factory.

If demand permits, Mah Sing Healthcare will gradually expand up to 100 production lines as part of future expansion plans, it said.

These 100 production lines could potentially produce up to 30 billion pieces of gloves per annum.

Mah Sing said as the Kapar factory is expected to start its operation with six production lines as early as 2Q21, the group is in a good position to take advantage of the high spot price of gloves.

Mah Sing expects the glove manufacturing business to be able to generate revenue for the group relatively quickly with the projected contribution estimated to come in as early as 2Q21.

At 12.06pm today, Mah Sing shares fell 5.09% or 6 sen to RM1.12, for a market capitalisation of RM2.72 billion.

Posted by jonathanchee > 2020-10-21 15:51 | Report Abuse

trmw will drop below rm1. now better run if ur avg > RM1.

HappyStar

57 posts

Posted by HappyStar > 2020-10-21 15:54 | Report Abuse

Let calvin bark like a mad dog. MS shares flying to the Moon when production begins in April 2021.

https://www.msn.com/en-my/news/national/mah-sing-on-track-to-produce-gloves-in-april-2021/ar-BB1aeDWr

j11an9

126 posts

Posted by j11an9 > 2020-10-21 15:59 | Report Abuse

Jonathan, top glove, supermax, rubberex all need to run fast fast as well eh?

Posted by LuckyWinner > 2020-10-21 16:00 | Report Abuse

SOUR GRAPE!

mita29

1,064 posts

Posted by mita29 > 2020-10-21 16:10 | Report Abuse

J11an9 many have already running away since morning. Big or small we are the glove investors!!! We all rise and run away together.

DreamGuardian

1,166 posts

Posted by DreamGuardian > 2020-10-21 16:26 | Report Abuse

Mah Sing to start glove production in April 2021

https://www.theedgemarkets.com/article/mah-sing-start-glove-production-april-2021

Posted by monique1968 > 2020-10-21 16:28 | Report Abuse

SUPERMAX DROPPED MAHSING PRODUCTION 2021 hahaha

kachan

437 posts

Posted by kachan > 2020-10-21 16:32 | Report Abuse

Feel tomorrow all glove can limit up so can buy cheap today.

CoolBull

3,675 posts

Posted by CoolBull > 2020-10-21 16:40 | Report Abuse

Great new info on Mah Sing target date for coming on stream

CoolBull

3,675 posts

Posted by CoolBull > 2020-10-21 16:42 | Report Abuse

Would help us good old honest Mah Sing investors in fending off them iddiot dikkhedd sochai boullshhitting non-stop trolling spamming naysaying gang guys

Posted by monique1968 > 2020-10-21 16:43 | Report Abuse

Bankers throwing Supermax and topglove

Edi8888

26 posts

Posted by Edi8888 > 2020-10-21 16:43 | Report Abuse

Mahsing had mentioned the status of their glove factory. Please go read the news from The Star.

CoolBull

3,675 posts

Posted by CoolBull > 2020-10-21 16:44 | Report Abuse

Well done guys

limkokthye

6,039 posts

Posted by limkokthye > 2020-10-21 16:45 | Report Abuse

mahsing will become tiuniasing, glove burst d, mahsing start build factory , wtf

CoolBull

3,675 posts

Posted by CoolBull > 2020-10-21 16:47 | Report Abuse

Let's all hope that our new upcoming Mah Sing glove boat keeps on sailing with fair winds

CoolBull

3,675 posts

Posted by CoolBull > 2020-10-21 16:49 | Report Abuse

While for those who might also wanna be looking something at an even earlier even lower price stage, there is still little brother Luster that you might wanna consider also

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