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 4 days ago

Posted by BewareShark > 2020-12-16 12:37 | Report Abuse

maybe can break rm1 this month, but for today i dont think so

stkoay

6,447 posts

Posted by stkoay > 2020-12-16 13:04 | Report Abuse

https://www.theedgemarkets.com/article/high-speed-rail-drive-property-trading-opportunities-ahead-%E2%80%94-rhb-investment-bank

She has "buy" calls on IOI Properties (TP: RM1.21), Mah Sing Group Bhd (TP: RM1.09).

HLB....TP 1.41
AMMB...TP 1.50
CIMB...TP 1.35

cat1815

24 posts

Posted by cat1815 > 2020-12-16 14:43 | Report Abuse

Lai Liao

Posted by shamsulyusoff > 2020-12-16 14:45 | Report Abuse

Go go MahSing....

ysng2208

62 posts

Posted by ysng2208 > 2020-12-16 14:51 | Report Abuse

MS come break RM1 today..

Posted by Uncle_Roger > 2020-12-16 14:54 | Report Abuse

mahsing ready to fly graph nice already. Let sit the plane together

skyesther

15 posts

Posted by skyesther > 2020-12-16 14:58 | Report Abuse

fasten seat belt ,ready to fly

newkid

966 posts

Posted by newkid > 2020-12-16 15:12 | Report Abuse

Now zero holding on Ms, all swap to comfort n TG but again all take profit!!!!!!!! ¡!!!!!!!!!!!!

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

Latest news from AGM - mah sing enters vaccine.

IMP0ST0R

75 posts

Posted by IMP0ST0R > 2020-12-16 16:20 | Report Abuse

Don’t lie , The meeting in on 21/12/2020 Monday .
Not today .

Imnoobonly

645 posts

Posted by Imnoobonly > 2020-12-16 16:24 | Report Abuse

Bye newkid

Posted by shamsulyusoff > 2020-12-16 16:55 | Report Abuse

Close high today....continue tmr.
Target RM1++

Posted by shamsulyusoff > 2020-12-16 17:01 | Report Abuse

Look at the MS Announcemnt..
......to include manufacturing and trading of glove and related healthcare product.

Maybe include vaccine...

Imnoobonly

645 posts

Posted by Imnoobonly > 2020-12-16 17:35 | Report Abuse

Slow and steady... Keep it up...

Qlwin88

14 posts

Posted by Qlwin88 > 2020-12-16 18:08 | Report Abuse

Any effect mahsing local share ?

investmalysia

1,454 posts

Posted by investmalysia > 2020-12-16 18:41 | Report Abuse

Will give shark play until no tomorrow. Sharks there even worse than here

awesome20

1,191 posts

Posted by awesome20 > 2020-12-16 18:41 | Report Abuse

please limit up tomorrow

Posted by Swing Trader > 2020-12-16 18:57 | Report Abuse

great prospect for this stable company. management promised company growth. patient is the key :)

Imnoobonly

645 posts

Posted by Imnoobonly > 2020-12-16 19:27 | Report Abuse

Good news..... Hopefully tomorrow can take off...

Posted by Investgaogao > 2020-12-16 19:47 | Report Abuse

Hong Kong listing??... Sound like parkson doing
Tomorrow shoot up like parkson??

Posted by investor9996 > 2020-12-16 21:14 | Report Abuse

gg.com 卖梦想

JP1952

270 posts

Posted by JP1952 > 2020-12-16 21:16 | Report Abuse

TP is RM1.09,

Goldberg

2,918 posts

Posted by Goldberg > 2020-12-17 08:55 | Report Abuse

Mah Sing Group mulls listing its manufacturing division — which includes its new rubber glove business — in Hong Kong.

Goldberg

2,918 posts

Posted by Goldberg > 2020-12-17 08:58 | Report Abuse

Mah Sing’s glove production facility gearing up for roaring start
------------------------------------------------------------------
By Cheah Chor Sooi
15 hours ago
in Business, Mainstream, Top

MAH Sing Group Bhd is making significant headway in its proposed diversification plan into the gloves business with its targeted production being set for April 2021 to cater for the pent-up demand for gloves in both the domestic and export market.

A mere eight months into its initial planning date of August 2020, Mah Sing’s glove manufacturing plant which has a build-up of circa 228,800 sq ft is progressing according to schedule.

Its first six production lines will be on track to be operational as planned in 2Q 2021 followed by another six lines expected to be ready the following quarter (3Q 2021).

The 12 production lines are a part of Phase 1 of Mah Sing’s proposed diversification into gloves with a maximum capacity of 3.68 billion pieces per annum or 38,000 pieces per production line per hour.

The capital expenditure for Phase 1 of Mah Sing Healthcare’s glove business is estimated at RM160 mil. Mah Sing targets to roll out Phase 2 as an expansion plan when demand outstrips supply for Phase 1.

Phase 2 could accommodate another 12 new production lines and increase production capacity up to another 3.68 billion pieces of gloves per annum.

MS will gradually expand up to 100 production lines as part of its future expansion plans.

“The proposed glove business will strengthen our manufacturing division and is expected to generate sales as early as 2Q 2021,” Mah Sing CEO Datuk Ho Hon Sang pointed out.

“This will allow us to take advantage of the high spot price for gloves. This business will still see sustained, strong demand in the future, generating more recurring and steady income for the group.”

Ho further projected that Mah Sing plans to venture into other healthcare and medical device-related ventures if the opportunity arises.

“We may explore the possibility of listing our manufacturing division separately from the Group to further unlock its value in the future,” he envisaged.

According to Malaysian Rubber Glove Manufacturers Association (MARGMA), global demand for gloves is estimated to reach 360 billion pieces this year, an increase of 21.62% from 296 billion pieces in 2019.

Dec 16, 2020

fl888

7,711 posts

Posted by fl888 > 2020-12-17 09:07 | Report Abuse

RM1 tp

dompeilee

11,888 posts

Posted by dompeilee > 2020-12-17 09:10 | Report Abuse

Posted by dompeilee > Nov 17, 2020 4:01 PM

Bought back one-third of the MahSing I SOLD from 1.18-1.41 for 85.5c this afternoon.

=))

josephn

757 posts

Posted by josephn > 2020-12-17 09:37 | Report Abuse

Today limit up?

Posted by Swing Trader > 2020-12-17 09:45 | Report Abuse

no limit up. like i said, treat this counter as your FD. stable and promisable. managemnt very keen to growth.

IMP0ST0R

75 posts

Posted by IMP0ST0R > 2020-12-17 09:46 | Report Abuse

Shark slowly selling . Careful guys

Boringguy

1,090 posts

Posted by Boringguy > 2020-12-17 10:11 | Report Abuse

just hold until march 2021 will get reward... now FDA cert already gao tim.. next will be EC cert for euro country... when start production can immediate sell liao....

all their glove machine is automatic,, less man power need....

hope more healthcare news coming soon

dusti

2,404 posts

Posted by dusti > 2020-12-17 10:22 | Report Abuse

Trading volume already twice daily average at 10.20am with little change in price. Why? People running away?

Imnoobonly

645 posts

Posted by Imnoobonly > 2020-12-17 10:59 | Report Abuse

Black horse still hibernate

StockGod

520 posts

Posted by StockGod > 2020-12-17 12:09 | Report Abuse

Soooo disappointing, earn peanut only, tot good news can go up.

omggggg

52 posts

Posted by omggggg > 2020-12-17 12:11 | Report Abuse

earn peanut better than no peanut to eat.. huhuhu.

Imnoobonly

645 posts

Posted by Imnoobonly > 2020-12-17 12:16 | Report Abuse

Hold till early next year....

stkoay

6,447 posts

Posted by stkoay > 2020-12-17 12:36 | Report Abuse

Trading controlled by operator.

Don't buy to trade.

Only buy if you can keep till next year 2QR is out at end August.

IMP0ST0R

75 posts

Posted by IMP0ST0R > 2020-12-17 16:06 | Report Abuse

Sold all in the morning 0.94. I Assume Mahsing going back to 0.800 next week . Good luck . The real insider shark just sold all their share in the morning. Short term player better run :D

stkoay

6,447 posts

Posted by stkoay > 2020-12-17 16:14 | Report Abuse

Good bye, please don't come back.

MahSing is for strong hands, not for you.

IMP0ST0R

75 posts

Posted by IMP0ST0R > 2020-12-17 16:25 | Report Abuse

I will come back when 0.78 . See u

stkoay

6,447 posts

Posted by stkoay > 2020-12-17 16:28 | Report Abuse

Newbie with just 39 posts better go play play kacang putih stocks.

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-12-17 16:29 | Report Abuse

.73 Sen
The Warrant expiring Dec end has exercise price of RM 0.73

Morpheus61

2,144 posts

Posted by Morpheus61 > 2020-12-17 16:29 | Report Abuse

TWhen that happens, you guys will learn that IB's treat you like shit

IMP0ST0R

75 posts

Posted by IMP0ST0R > 2020-12-17 16:33 | Report Abuse

Stkoay - Dont Mad . I Just give my opinion . Follow or not , is ur decision.

James Ng

2,703 posts

Posted by James Ng > 2020-12-17 19:55 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-12-17-story-h1538276438.jsp
[转贴] [Video:浅谈MAH SING GROUP BHD, MAHSING, 8583] - James的股票投资James Share Investing

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