Posted by Daily88 > 2020-12-17 20:31 | Report Abuse

stkoay, what do u see in Mahsing that you think will be great ?

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

@Daily88...when the gloves reached full projected production of about 3.68B pcs in 2022, at a profit of USD15 per 1000 pcs (based on pre covid price of 45 and production cost of 30...Mahsing gave a guidance of about 25)
the profit will be about RM220M...or 9 sen per share...at PE 15 times....it's RM1.35...that's gloves alone without contribution from property.
My 2 sen only.

But currently, it seems trading is controlled by operator....up in the morning and close at the lower range.

Cannot trade short term but can buy for long term.

Posted by Daily88 > 2020-12-17 22:26 | Report Abuse

I understand the raw material for gloves are controlled by 4 giants at the moment. Will the price of raw material eat in the profit of gloves ?

Posted by Daily88 > 2020-12-17 22:28 | Report Abuse

As for the stock price, I personally feel this is good time to collect and hold for another 15 months.

Posted by onionchong > 2020-12-17 23:12 | Report Abuse

Good company but unfortunately now it's closely linked to healthcare sector which is currently trending down

Posted by stkoay > 2020-12-17 23:26 | Report Abuse

@Daily88...they have signed agreement with supplier for the raw meterial....for the price..yes current level it's a good entry point if buy to keep.

Posted by stkoay > 2020-12-17 23:31 | Report Abuse

Yes, sentiment currently is also affected by the weakness of the gloves sector.

Hopefully the rally of the property will help offset the weak sentiment.

Posted by fl888 > 2020-12-18 07:36 | Report Abuse

Mah Sing intend to apply for special listing in HK like Top Glove soon...

Posted by Lee Yong Hour > 2020-12-18 08:04 | Report Abuse

Within 5year.....listing HK.

Posted by pineapple123 > 2020-12-18 08:58 | Report Abuse

what is the impact of Mahsing listed in HK ? Any effect to stock price to Mahsing in KLCI???

Posted by desire > 2020-12-18 09:35 | Report Abuse

This counter no hope one?

Posted by 123huat > 2020-12-18 09:35 | Report Abuse

vaccine + glove mahsing limit up

Posted by 123huat > 2020-12-18 09:36 | Report Abuse

huat ar mahsing limit up

Posted by desire > 2020-12-18 09:36 | Report Abuse

Good counter also ppl throw. Target at least rm1.10

Posted by pineapple123 > 2020-12-18 09:58 | Report Abuse

DUN TARGET LOW LOW.

Posted by Plantermen > 2020-12-18 10:31 | Report Abuse

Again 1 day show

Posted by Imnoobonly > 2020-12-18 10:34 | Report Abuse

800+ red counter.... MS still consider strong...

Posted by Uncle_Roger > 2020-12-18 11:00 | Report Abuse

steady market retracement

Posted by mohdhafizwan > 2020-12-18 11:06 | Report Abuse

I shall wait for a big surprise before Christmas! Plus the rising wedge in a downtrend formation is soon to complete. TAYOR!

Posted by 123huat > 2020-12-18 11:31 | Report Abuse

vaccine mahsing + glove mahsing gogogogogogo huat ar

Posted by 123huat > 2020-12-18 12:05 | Report Abuse

vaccine glove gogogogogo

Posted by RoyalTraderAlhaj > 2020-12-19 23:20 | Report Abuse

MahSing... yes i like.

Posted by DonWorryBeHappy > 2020-12-20 01:20 | Report Abuse

I'm still at 1.02 come save me

Posted by fl888 > 2020-12-21 08:48 | Report Abuse

Today AGM, see what shit Gloves business news to gap up 1.02 ?

Posted by WiseTrader > 2020-12-21 09:33 | Report Abuse

this stock might range from 0.88 to 0.96 but mahsing strong company. keep it for long term but if you are looking to play short term then buy now to average down then sell back

Posted by pineapple123 > 2020-12-21 09:40 | Report Abuse

GOOD MORNING MAHSING. LOOK GOOD TODAY ?

Posted by Daily88 > 2020-12-21 09:41 | Report Abuse

gud morning pineapple123 sifu.

Posted by fl888 > 2020-12-21 09:45 | Report Abuse

T2 for 1,120,988 shares of 91 to 97.5 cts today.....tomorrow force selling for contra players....will big boys buy to push up for today EGM

Posted by Plantermen > 2020-12-21 13:20 | Report Abuse

EGM { zoom} just a formality.. Boring

Posted by MrLuck > 2020-12-21 13:52 | Report Abuse

https://www.edgeprop.my/content/1777431/mah-sing-secured-close-100-shareholders%E2%80%99-approval-business-diversification

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

Today KLCI still on profit taking. now is time to collect and keep maybe can sell on wednesday or right before new year

Posted by shamsulyusoff > 2020-12-21 15:06 | Report Abuse

So many good news for MS...but price still go down

Posted by Swing Trader > 2020-12-21 15:26 | Report Abuse

KLCI beaten by 3 days already. poor malaysia

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

Mah Sing shareholders give nod to glove JV

https://www.theedgemarkets.com/article/mah-sing-shareholders-give-nod-rubber-glove-venture

Posted by Uncle_Roger > 2020-12-21 16:18 | Report Abuse

I think our ms airline are crashing :(

Posted by Markv572421 > 2020-12-21 16:51 | Report Abuse

Christmas this week coming, Can Mahsing able to catch above 1.00 before Christmas ?

Posted by BewareShark > 2020-12-21 18:06 | Report Abuse

hopefully will down more

Posted by kd88 > 2020-12-21 19:02 | Report Abuse

Key takwaway from today EGM

- MS not only ventured into glove business but also planning to venture into other healthcare related business which could include personal protection, pharmaceutical, services and / or upstream product.
- MS understand the importance of R & D and they will invest into this. They also have talent who have experience in this area
- MS will look for business opportunity with RCEP partner in Asia
- The glove production line is high speed one and highly ajtomated with auto stacking and auto stripping features. The production capability is 38k pieces per hours per production line. Industry highest is Hartalega production line which can produce 45k pieces per hour per line.
- They will continue focus in automation development, same as what they are doing in plastic segment
- As a new player, they have more options to choose between spot order and contractual order. Take note that the spot selling price could be 50% to 100% higher than contractual selling price.
- As a new player, their production line is new which half of production line from old player could be old already. This could bring more efficiency to MS compared to other old player.
- They have received more than 60 letter of intent from customer.
-They are unable to provide profit guidance. But they mentioned spot selling price per 1k piece for nitrile glove is USD 80 to 160,while the cost from USD 27 to USD 50
- For the capex of RM 160m, they are looking to pay back within 1 to 1.5 year

Posted by stkoay > 2020-12-21 22:09 | Report Abuse

@kd88 Thanks for sharing.

Posted by Perfectinvestor > 2020-12-22 06:03 | Report Abuse

Thanks@kd88 for sharing

Posted by Uncle_Roger > 2020-12-22 09:21 | Report Abuse

90sen glove stock sounds cheap

Posted by fl888 > 2020-12-22 09:25 | Report Abuse

another Top Glove in the making

Posted by KLLee_0110 > 2020-12-22 09:26 | Report Abuse

Is going to year end closing why not be top volumes & gainers counter to have a strong company share prices since have many good news. Be a top warrior. Limit up go all out

Posted by KLLee_0110 > 2020-12-22 09:30 | Report Abuse

Go for top gainers as company shares prices much more important to prove your solid performance that give the power of good news

Posted by Budazc0555 > 2020-12-22 09:50 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/12/21/mah-sing-going-full-tilt-in-gloves-and-healthcare-diversification

Posted by kd88 > 2020-12-22 11:04 | Report Abuse

Key takwaway from today EGM

- MS not only ventured into glove business but also planning to venture into other healthcare related business which could include personal protection, pharmaceutical, services and / or upstream product.
- MS understand the importance of R & D and they will invest into this. They also have talent who have experience in this area
- MS will look for business opportunity with RCEP partner in Asia
- The glove production line is high speed one and highly ajtomated with auto stacking and auto stripping features. The production capability is 38k pieces per hours per production line. Industry highest is Hartalega production line which can produce 45k pieces per hour per line.
- They will continue focus in automation development, same as what they are doing in plastic segment
- As a new player, they have more options to choose between spot order and contractual order. Take note that the spot selling price could be 50% to 100% higher than contractual selling price.
- As a new player, their production line is new which half of production line from old player could be old already. This could bring more efficiency to MS compared to other old player.
- They have received more than 60 letter of intent from customer.
-They are unable to provide profit guidance. But they mentioned spot selling price per 1k piece for nitrile glove is USD 80 to 160,while the cost from USD 27 to USD 50
- For the capex of RM 160m, they are looking to pay back within 1 to 1.5 yea

Posted by kd88 > 2020-12-22 14:09 | Report Abuse

Butadiene price already starts to drop. With UK virus mutation and cost of nitrile's raw material drops, glove will fly again.

This time will break last time high.

Posted by ecurbkew > 2020-12-22 17:20 | Report Abuse

So many main counter of glove stock to go.. top glove , Supermax , ruberex , harta , do you think the investor will go for them or mahsing?

Posted by stkoay > 2020-12-22 18:48 | Report Abuse

https://www.theedgemarkets.com/article/phase-2a-mah-sings-carya-m-aruna-90-taken

Phase 2A of Mah Sing’s Carya @ M Aruna 90% taken up

Posted by Stockhunter88 > 2020-12-22 19:55 | Report Abuse

this is for someone who think newbie in glove market can beat the existing player.