MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 Investgaogao > 2020-12-23 08:30 | Report Abuse

Me... Mahsing business is well diversify now. Market good property and plastic business, market bad healthcare... Going like ioi pgroup pattern

mita29

1,064 posts

Posted by mita29 > 2020-12-23 10:13 | Report Abuse

Other glove companies value already unlocked/priced in, now big sharks taking profit from bilis buying top, Mahsing value not even unlocked lah. Anyway all healthcare counters will have potential to unlock new high value in the future (3-10yrs) due to another potential new pandemic. It's wise to have at least one undervalued HC counter as pandemic hedge. My opinion only. no buy sell recommendation.

https://jamanetwork.com/journals/jama/fullarticle/2770609
"The new normal seems to be an actual or potential epidemic every 2 to 3 years"

kd88

203 posts

Posted by kd88 > 2020-12-23 19:13 | 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

Rotty

23 posts

Posted by Rotty > 2020-12-24 09:47 | Report Abuse

If Mahsing can produce good quality Exam Gloves than I must say they have a very good future.
Health industry is very sensitive to quality and if Mahsing produce something like their property than....
Anyway scooped some of their shares yesterday.

123huat

54 posts

Posted by 123huat > 2020-12-24 10:13 | Report Abuse

mahsing gogogogo vaccine + glove huat arrrr

123huat

54 posts

Posted by 123huat > 2020-12-24 10:14 | Report Abuse

vaccine + glove gogogogogogogogogo mahsing

Posted by shamsulyusoff > 2020-12-24 10:53 | Report Abuse

MS didnt want to give chirstmas money eah...

Imnoobonly

645 posts

Posted by Imnoobonly > 2020-12-24 11:00 | Report Abuse

Xmas gifts tak ada... Tunggu angpow hahaha

Posted by Dingdongbell > 2020-12-24 14:08 | Report Abuse

Holiday mood causes most counters relax. Nx week fasten seatbelt. Hopefully Mahsing will fly high

Plantermen

2,236 posts

Posted by Plantermen > 2020-12-25 15:19 | Report Abuse

Funds already closed their books

Posted by Valueinvesting88 > 2020-12-26 15:30 | Report Abuse

https://youtu.be/SY-RGMMRTWw

Hi, there is one latest YouTube video released by Superbull could be of your interest.

Please tap on the attach YouTube link to find out their research analysis on both Iconic Worldwide and Mah Sing initiatives in venturing into medicare related businesses.

stkoay

6,447 posts

Posted by stkoay > 2020-12-26 18:27 | Report Abuse

https://klse.i3investor.com/servlets/pfs/165924pub.jsp

We believe this bull cycle, which has just started in last March, still has a long way to go. As such, Buy undervalued blue chips in the Banking (AMBANK, ABMB, HLBANK & MAYBANK), recovery plays in the Gaming (GENTING & GENM) and Property (MAHSING & SPSETIA)

Plantermen

2,236 posts

Posted by Plantermen > 2020-12-28 09:52 | Report Abuse

Mah sing is more on property whereas healthcare is part of their diversification { 5 year road map}

pineapple123

2,472 posts

Posted by pineapple123 > 2020-12-28 13:03 | Report Abuse

97 c dropped to 88 c. still ok ?

dusti

2,404 posts

Posted by dusti > 2020-12-28 15:57 | Report Abuse

This counter like Green Packet. A lot of noise no action

yingzhe17

878 posts

Posted by yingzhe17 > 2020-12-29 11:14 | Report Abuse

NahSing power

ysng2208

62 posts

Posted by ysng2208 > 2020-12-29 12:27 | Report Abuse

keep dropping...

stkoay

6,447 posts

Posted by stkoay > 2020-12-29 12:47 | Report Abuse

https://www.theedgemarkets.com/article/property-outlook-still-challenging-some-bright-spots-emerging-%E2%80%94-aminvestment

AmInvestment’s top picks:

Mah Sing (FV: RM1.50), underpinned by strong take-up rates of its recent launches and upcoming rubber glove business.

Posted by DonWorryBeHappy > 2020-12-29 12:53 | Report Abuse

Haiyooo y go Holland one? Stop selling lor next year 1.20 coming

ecurbkew

55 posts

Posted by ecurbkew > 2020-12-29 12:54 | Report Abuse

This counter tipu money alots.. as I observe for two weeks more. The price is gradually dropping and there are players around there to make you sell low buy high . Better don't buy contra as if you buy at 0.865 now you will be forced sell at 0.855. it is happy even earn you one cent. Lol

ecurbkew

55 posts

Posted by ecurbkew > 2020-12-29 12:56 | Report Abuse

Vizione is another counter like mahsing

ecurbkew

55 posts

Posted by ecurbkew > 2020-12-29 12:58 | Report Abuse

Let's see and let them syok sendiri

yingzhe17

878 posts

Posted by yingzhe17 > 2020-12-29 17:00 | Report Abuse

Wait for gloves factory ke ?

anakmama

51 posts

Posted by anakmama > 2020-12-29 20:39 | Report Abuse

Still better than roller coaster stock like vivocom

anakmama

51 posts

Posted by anakmama > 2020-12-29 20:39 | Report Abuse

But mahsing is way in deep-sleep.

kd88

203 posts

Posted by kd88 > 2020-12-29 23:08 | Report Abuse

https://www.chinapress.com.my/?p=2339384

Who dare to tKe vaccine here ?
Raise up your hand

fl888

7,711 posts

Posted by fl888 > 2020-12-30 08:14 | Report Abuse

RM100 million Sukuk complted for splashing forb2021...

Marky3

172 posts

Posted by Marky3 > 2020-12-30 08:15 | Report Abuse

Anytime move soon.

ecurbkew

55 posts

Posted by ecurbkew > 2020-12-30 09:39 | Report Abuse

MAHSING BECOME NIAHSING LOL

ysng2208

62 posts

Posted by ysng2208 > 2020-12-30 12:47 | Report Abuse

anakmama Still better than roller coaster stock like vivocom
29/12/2020 8:39 PM

vivocom goreng goreng...

Posted by DonWorryBeHappy > 2020-12-30 14:25 | Report Abuse

Leverage down to 96 please don't drop ong ong mali

Marky3

172 posts

Posted by Marky3 > 2020-12-30 14:25 | Report Abuse

They window dressing. Dunno what closing price

Imnoobonly

645 posts

Posted by Imnoobonly > 2020-12-30 15:34 | Report Abuse

Let the horse sleep till next year...

stkoay

6,447 posts

Posted by stkoay > 2020-12-30 15:37 | Report Abuse

Yes...wait for property play and incremental profit from gloves.

Now, trading is affected by weak gloves sentiment.

paperplane

21,648 posts

Posted by paperplane > 2020-12-30 16:50 | Report Abuse

so still wanna do gloves ah? wakakakaka. Terus gap down

stkoay

6,447 posts

Posted by stkoay > 2020-12-30 21:09 | Report Abuse

When gap down?

State the date.

Come back on that day to show your face.

Ibelieve

1,429 posts

Posted by Ibelieve > 2020-12-30 21:20 | Report Abuse

@stkoay, you are here also ah, hehe

stkoay

6,447 posts

Posted by stkoay > 2020-12-30 22:21 | Report Abuse

Yes.

When I bought this one a few months back, it was purely property play.

Gloves announcement was a bonus..haha.

stkoay

6,447 posts

Posted by stkoay > 2020-12-30 22:23 | Report Abuse

@ibelieve....sincere opinion....I guess it's good to diversify into recovery for 2021.

Cheers and Happy New Year.

Ibelieve

1,429 posts

Posted by Ibelieve > 2020-12-30 23:29 | Report Abuse

stkoay @ibelieve....sincere opinion....I guess it's good to diversify into recovery for 2021.

Cheers and Happy New Year.
30/12/2020 10:23 PM

Ya I sapu during March also, but I still reserve my view because of the contamination, anyway good to see mahsing property making progress.

Happy new year to you and everyone.

31SHOOT

4 posts

Posted by 31SHOOT > 2020-12-31 11:27 | Report Abuse

TP 1.3
Ready to shoot up by next month

J2529

379 posts

Posted by J2529 > 2020-12-31 11:27 | Report Abuse

asia share finish 2020 record high. malaysia byebye

Posted by shamsulyusoff > 2020-12-31 15:01 | Report Abuse

Everyday MS go down....

Posted by Swing Trader > 2021-01-01 09:43 | Report Abuse

MS able to maintain price at EMA 50 support price. Good price. Show that this stock have lesser short term player. people buy and keep. those who do not have the patient, u will feel bored.

Noobie123

1,661 posts

Posted by Noobie123 > 2021-01-01 18:36 | Report Abuse

One of Mah Sing project in Medini, Nusajaya. HSR cancellation bad for this project.

paperplane

21,648 posts

Posted by paperplane > 2021-01-01 22:54 | Report Abuse

ini tak boleh lah. do apa pun tak boleh.

pineapple123

2,472 posts

Posted by pineapple123 > 2021-01-02 17:35 | Report Abuse

This year 2021, Mahsing fulfilled the construction sector and also the gloves. This will helps to boost Mahsing shares in combined.

Posted by Investgaogao > 2021-01-02 18:37 | Report Abuse

Any tp for mahsing?

Post a Comment
Market Buzz