Mahsing 6 trading days volume drops badly starts from 600M,460M,514M, 208M,150M & 110M lastly. Big sharks almost all gone. 2 groups won tremendously, ones are those bought before Mahsing announcement of venturing into glove manufacturing and another ones are experience, fast acting and rich big sharks. But, I do think big sharks will come back once Mahsing price is low enough to attract them to buy Mahsing.
This counter sudah habis goreng, wait for corection below 80c for shark and IB to goreng again.. gloves production only start in April 2021.. how on earth they want justified share price above $1 before making gloves?? Huge potential for this counter, but not this year..
careplus gud QR, if follow sharks, they wont miss out Mahsing. Dun go against the market if u can earn money, LOL... No point fight against free money by people pushing up for us~ Imagine how many big banks supporting Mahsing, if wan slump, today can easily below RM1 le
Don't need to defend mah sing. Go to Careplus and trigger them. See how scared they are. They so scared untill cannot even defend Careplus anymore. Lolololololol
Still not as bad as those who bought penthouse for rm6 at Comfort la, Mahsing most expensive penthouse is only RM1.47, very ez to be met by market force by next year.
Do you realize that they can anytime add more production lines when situation doesn't get better by December? And adding production lines is the least to be worried about amongst other things that would have be done along this timeline.
Even after the pandemic, they would still be properly hedged against market risk.
I know it sounds terrible to invest in a company that does not produce gloves yet. But it's getting more and more unlikely we'll get a vaccine before late 2022. If there's indication of that, cool, slow down on the production lines. No overcommitment and still make a profit. The key is that glove demand is unlikely to simmer before 2023. Good two years to get free production lines and a more diversified business, what's not to like. At the current price, you can guess how much the market cap will be, if they were included in the Top 5, conditional to the glove demand. More glove demand More factory lines No problem. After all they have cash reserve and fundraising.
Thank you, investment banks for orchestrating the great Mahsing goreng to help me dispose of my ill-timed purchases in 2018-2019 fr 88.5-1.21 for a profit (1.26-1.41) Got dividend, now improbably escaped with a capital gain as well =)
For the report by HLG, I think there is a typo on the announcement for 22-10-2020. If you go in and click the PDF attachment within the announcement you will see that the report is dated 16-10-2020. Somehow i3 make 2 separate post on 22 and 16 Oct for the same 16 Oct report by HLG
Market unstabilisation.. Just worried next week is bad week for Gloves Stocks. Becareful guys.. US election, Msia stupid Muyidin Darurat, Vaccine news..
muniandy52 please be reasonable in giving your target price. one on 20.10.2020 give as 1.41 from the last traded price of 1,04. on 22.10.2020 the same analyst give the tp of 0.85 from the same traded price of 1,04. where is your logic. i pity on investors who were carried away by this analysis. the karma will chase you if you don't repent.
Absolutely agree with muniandy52. Many investors who bought Mahsing because of HLG target price on 1.41 on 20.10.2020. Just after 2 days later HLG target price reduce from 1.41 to 0.85. HLG are working with big sharks? Where is your professionalism. You should be fired.
KTM4896 For the report by HLG, I think there is a typo on the announcement for 22-10-2020. If you go in and click the PDF attachment within the announcement you will see that the report is dated 16-10-2020. Somehow i3 make 2 separate post on 22 and 16 Oct for the same 16 Oct report by HLG.
No matter how the HLG change their target price too fast. HLG are working with big sharks? Where is your professionalism. You should be fired.
But the way, For short or long term investors, Please do not panic, just stay on the boats if you believe one day Mah Sing will surge up to RM1.50. HLB is no wrong to put TP 0.85 due to currently they are just in piling stage and don't have fact Result to shows. The Business is not yet on, certain investors have to accept this is the Fact that Real Result is not proven... How much is their Profit is not Proven.??? So, take own decision, to stay , to leave.. Or to invest more potential stock other field than This...
There is many other field , Tech , Semi-Conduct, Vaccine.. Many many
I have been take profit from Mah Sing from 0.925 to 1.13 .. But cut loss at Karex Con-counter .. So, im break Even.. Just my Advise, Rather put mid term counter and stop touch Glove.. Good counters like Inari , Penta, Dufu, Mi, VS, Ataims, JHM, JCY.. many many
From my point of view, Mah Sing is going downtrend now.. Advice Cut Loss for you all own goods... IB, Operators, Sharks, already dumping their tickets. Hope that I am wrong.. If not I will be being Scold later..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BigPro
688 posts
Posted by BigPro > 2020-10-23 17:08 | Report Abuse
By next year if C-19 become worst and still no vaccine, all need to wear glove same as mask...
Can keep MS for long term investment... don't worry...