MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.78

Today's Change

+0.01 (0.56%)

Day's Change

1.75 - 1.79

Trading Volume

6,112,400


11 people like this.

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

DreamGuardian

1,166 posts

Posted by DreamGuardian > 2020-11-05 09:58 | Report Abuse

Very good

DreamGuardian

1,166 posts

Posted by DreamGuardian > 2020-11-05 09:58 | Report Abuse

Excellent

DreamGuardian

1,166 posts

Posted by DreamGuardian > 2020-11-05 09:58 | Report Abuse

Well done

DreamGuardian

1,166 posts

Posted by DreamGuardian > 2020-11-05 09:58 | Report Abuse

Congratulations

DreamGuardian

1,166 posts

Posted by DreamGuardian > 2020-11-05 09:58 | Report Abuse

Keep rising

DreamGuardian

1,166 posts

Posted by DreamGuardian > 2020-11-05 09:59 | Report Abuse

Good luck

Posted by Chee Chuan Koh > 2020-11-05 10:52 | Report Abuse

With Manufacturing Up soon for glove products,,,,I believe there is room to go for Mah Sing.....Up&Up away....

Posted by Rajuan_Singh > 2020-11-05 11:02 | Report Abuse

Tier 2 healthcare achieved. Now Tier 3 healthcare ?

maxxtiew

78 posts

Posted by maxxtiew > 2020-11-05 11:29 | Report Abuse

In my opinion, Mahsing may not break 1.00 in short period should remain low.

Bullish

890 posts

Posted by Bullish > 2020-11-05 11:48 | Report Abuse

I expect mahsing to close at 0.98/0.985

Bullish

890 posts

Posted by Bullish > 2020-11-05 13:09 | Report Abuse

Goreng

Adam88

7 posts

Posted by Adam88 > 2020-11-05 14:05 | Report Abuse

Tomorrow budget...if no windtax and no rpgt tax... both will make mahsing win....

kachan

437 posts

Posted by kachan > 2020-11-05 14:47 | Report Abuse

buy buy buy glove will limit up. Will regret not buy today.

cch94076

58 posts

Posted by cch94076 > 2020-11-05 15:18 | Report Abuse

hope so, limit up....

Posted by ranacinggey > 2020-11-05 15:21 | Report Abuse

its beginnnnn

Hengoredi

262 posts

Posted by Hengoredi > 2020-11-05 15:24 | Report Abuse

Lai liao

imvu

7,888 posts

Posted by imvu > 2020-11-05 16:18 | Report Abuse

besok gap up...

Posted by ranacinggey > 2020-11-05 16:28 | Report Abuse

besok tp 3...

Hengoredi

262 posts

Posted by Hengoredi > 2020-11-05 17:36 | Report Abuse

Tomorrow those with premature ejaculation issue dont peep at this counter. You will reach climax too fast too soon. Cuming fast and furious.

Beast3

623 posts

Posted by Beast3 > 2020-11-05 19:01 | Report Abuse

Limit up tmrw.
Construction sentiment & glove.
Congratulations all

greenberg

197 posts

Posted by greenberg > 2020-11-05 23:50 | Report Abuse

Tomorrow will rise 15 cent

Ibelieve

1,429 posts

Posted by Ibelieve > 2020-11-06 01:17 | Report Abuse

https://www.theedgemarkets.com/article/ministry-drafts-plans-keep-malaysias-leadership-rubber-glove-sector

I LOVE YOU Plantation Minister...a very supportive comment for glove industry... And he said he noticed Mahsing plan to venture glove industry... That mean Mahsing is really making progress... Here comes the aura to be Top5

Zuliana

5,395 posts

Posted by Zuliana > 2020-11-06 07:37 | Report Abuse

Reaching home...
...Yahoooo...

Sailangking

1,912 posts

Posted by Sailangking > 2020-11-06 07:44 | Report Abuse

Ms... finally.... add oill...

Plantermen

2,236 posts

Posted by Plantermen > 2020-11-06 07:52 | Report Abuse

Waiting for budget incentive any tax break for property developers { the slump in property take up real. Condos and apartmens are empty with the borders closed in definety. rental rates have spiral down hurting investor

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-11-06 08:02 | Report Abuse

Luck on betting budget. Glove windfall tax and property related benefits.

mf

28,938 posts

Posted by mf > 2020-11-06 08:50 | Report Abuse

MARKETS2h ago
GLOBAL MARKETS-Shares jump as Biden edges toward victory

Posted by Rajuan_Singh > 2020-11-06 09:39 | Report Abuse

Lets go 1521.....

Posted by rulethemarket > 2020-11-06 09:54 | Report Abuse

Property with tax incentives; Gloves with tax windfalls...

Posted by ranacinggey > 2020-11-06 10:30 | Report Abuse

yeahhh ....limit down

mita29

1,064 posts

Posted by mita29 > 2020-11-06 10:39 | Report Abuse

so for mahsing is balance lah...

Posted by ranacinggey > 2020-11-06 15:48 | Report Abuse

lembikkk

imvu

7,888 posts

Posted by imvu > 2020-11-06 16:27 | Report Abuse

minggu depan gap up?

Posted by Newbie Here > 2020-11-06 16:54 | Report Abuse

obviously this counter will shoot up.. is just matter of time...

imvu

7,888 posts

Posted by imvu > 2020-11-06 17:17 | Report Abuse

hari ni jerung banyak kutip harga 0.980-1.010, tapi tutup 0.980 sebab tak nak push harga lagi. sebab nak buat limit up minggu depan?

imvu

7,888 posts

Posted by imvu > 2020-11-06 17:20 | Report Abuse

up trend line pun cantik, isnin buat candle hijau?

Posted by Newbie Here > 2020-11-06 17:24 | Report Abuse

alot counter operator already collect enough ticket, just waiting a good timing or reason to fly.

COW666

159 posts

Posted by COW666 > 2020-11-06 18:04 | Report Abuse

Minggu dpan linit up

Boringguy

1,090 posts

Posted by Boringguy > 2020-11-06 18:44 | Report Abuse

no worries... just buy and hold until April 2021 production start...could be start early

Property segment -
Plastic segment -
Glove segment -

Foker

1,406 posts

Posted by Foker > 2020-11-06 18:45 | Report Abuse

This one already sold two condos. Fantastic.

greenberg

197 posts

Posted by greenberg > 2020-11-06 20:22 | Report Abuse

Next week TP 120

Posted by Dingdongbell > 2020-11-06 22:49 | Report Abuse

Yea.. bgt more at 98 again

stkoay

6,447 posts

Posted by stkoay > 2020-11-06 23:09 | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2020/11/06/business-winners-and-losers-in-the-2021-budget/

WINNERS

Glove makers

Malaysia’s biggest rubber glove producers — Top Glove Corp., Hartalega Holdings Bhd., Supermax Corp. and Kossan Rubber Industries — were spared a windfall tax on their supernormal profits. Instead, they will contribute a combined RM400 million to bear some of the costs of a coronavirus vaccine and health equipment.

Builders

Builders including Gamuda Bhd. and IJM Corp. stand to gain. The government will go ahead in implementing transport infrastructure projects and will allocate RM15 billion to fund the Pan Borneo Highway, Gemas-Johor Bahru electrified double-tracking rail project and phase one of the Klang Valley double tracking project.

The Rapid Transit System Link from Johor Bahru to Woodlands, Singapore and the MRT3 in Klang Valley will also continue. The government will also continue with the High-Speed Rail Project with Singapore because of its multiplier effect on the economy.

Property

To further boost home ownership, the government will extend full stamp duty exemption on transfer and loan agreements for first-time home buyers until the end of December 2025. The government will also set aside RM1.2 billion for public housing projects.

stkoay

6,447 posts

Posted by stkoay > 2020-11-06 23:31 | Report Abuse

https://www.nst.com.my/property/2020/11/638844/property-sector-benefit-rm15-billion-rail-and-road-spending

The RM15 billion allocation next year for rail and road projects would indirectly benefit the property sector, says Mah Sing Group Bhd founder and group managing director, Tan Sri Leong Hoy Kum.

The government's allocation comes under Budget 2021 announced today for projects such as the Gemas-Johor Bahru electrified double-track, Pan Borneo Highway, Klang Valley double-track Phase 1, Johor Bahru-Singapore Rapid Transit System, and Klang Valley's Mass Rapid Transit Line 3.

Leong said Mah Sing stands to benefit a great deal from the allocation as several of the group's property developments are located nearby some of these rail and road projects.

"The allocation (by the government) would help to improve the location's attractiveness and desirability to live," Leong said.

Boringguy

1,090 posts

Posted by Boringguy > 2020-11-06 23:31 | Report Abuse

Yeah,, Mahsing double winning.. haha

property - 1st winner
Glove segment to start soon - 2nd winner

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-11-07 02:27 | Report Abuse

Sinopharm Vaccine (linked to Kanger) is on track for full approval in November or December

“The most promising of these, developed by Wuhan-based Sinopharm, is already being given to frontline workers in the United Arab Emirates. According to Wu Guizhen, chief biosafety expert at the Chinese Center for Disease Control and Prevention, Sinopharm’s candidate is on track for full approval this month or next.”

https://www.foreignaffairs.com/articles/united-states/2020-11-05/china-winning-vaccine-race?amp=true

tkl88

8,712 posts

Posted by tkl88 > 2020-11-07 11:29 | Report Abuse

Superb good news from budget 2021 for the property sector !
购阁直房屋及首购族购50万房产免印花税
https://www.sinchew.com.my/content/content_2372213.html

tkl88

8,712 posts

Posted by tkl88 > 2020-11-07 11:29 | Report Abuse

1)革免个人的产业盈利税, 有效期限从2020年6月1日至2021年12月31日, 每个人限售3个住宅单位.
The exemption for personal or individuals on property gain tax(RPGT), valid from June 1, 2020 to December 31, 2021, each person is limited to the sale of 3 residential units.

2)The RM500,000 or below starter homes likely to boom
Buyers for first homes priced below RM500,000 will get FULL STAMP DUTY exemption on Memorandum of Transfer (MOT) and loan agreement. This is effective for agreements inked from January 2021 all the way to December 2025.
If this is not attracting first time home buyers to buy, I am not sure what else would.

3)Rent-To-Own scheme for FIRST-TIME home buyers only
Government to cooperate with selected financial institutions to provide a Rent-to-Own scheme. This programme will be implemented until 2022 involving 5,000 PR1MA houses with a total value of more than RM1 billion and reserved for first-time homebuyers. This is a SUPER important measure in my opinion. Many may want to buy a home but may not yet have enough downpayment. With this scheme, the buyer can start to become more responsible and may have a chance to own a home a few years down the road.

4)Stamp Duty exemption on stamp duty exemption on loan agreements and transfers given to rescue contractors and original buyers of abandoned houses
This has been extended for another five years. Finance Minister Datuk Seri Zafrul Tengku Abdul Aziz said, “This exemption is for the sale and purchase agreement completed from Jan 1, 2021 until Dec 31, 2025 for abandoned housing projects approved by the Ministry of Housing and Local Government.”

5)New homes under People’s Housing Programme and Rumah Mesra Rakyat
RM1.2 billion will be provided to build up to 14,000 houses under the People’s Housing Programme and RM315 million to build 3,000 units of Rumah Mesra Rakyat by Syarikat Perumahan Negara Berhad (SPNB).

There are 5 things mentioned above on Budget 2021 for property market.
Actually, the above is to stimulate the property market and it is mostly targeted at first time home buyers which will be a very big group. By the way, majority of buyers are buying RM500,000 priced homes or lower and not homes priced above RM500,000. Thus, if the property market moves, this will create a lot of positive stimulus effects to the construction industry too. In other words, these 5 things done right will create more than 5 benefits listed above.
Happy thinking about it, seriously. (I meant first-time home buyers) !

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