Posted by Lyn6Lyn > 2021-04-19 17:23 | Report Abuse

Okey @Tony008 . Will come back tomorrow

Posted by Zrenxy > 2021-04-19 22:27 | Report Abuse

Tomorrow is the day Mahsing

Posted by Start_0f_the_bull > 2021-04-20 05:55 | Report Abuse

What do you mean today is Mahsing day?

Posted by mf > 2021-04-20 06:19 | Report Abuse

Dow Jones 34,077.633 -123.04 0.36%
Nasdaq 13,914.77 -137.576 0.98%

Posted by Lyn6Lyn > 2021-04-20 09:26 | Report Abuse

going down again

Posted by Imnoobonly > 2021-04-20 09:46 | Report Abuse

Tidur balik

Posted by Jack888 > 2021-04-20 09:50 | Report Abuse

Buy more 88.5 and 89 CTS. Hope can rebound later.

Posted by Tony008 > 2021-04-20 09:52 | Report Abuse

Yes, another round of top up. Glove had shown strong rally on Thurs and Fri in the past 2 weeks.
Monday and Tuesday mostly are retracement & profit taking.
Just relax and cool. The time will come for MS slowly but surely

Posted by Start_0f_the_bull > 2021-04-20 10:13 | Report Abuse

Net cash company people also dump it. Why?

Posted by investopology > 2021-04-20 10:59 | Report Abuse

Hmmm sell on news. If 89c also can’t support mean going down more

Posted by kasrim > 2021-04-20 11:07 | Report Abuse

jual jual.. sy mau beli murah2

Posted by SJSOON > 2021-04-20 12:31 | Report Abuse

Please drop more hahahaha

Posted by SJSOON > 2021-04-20 12:32 | Report Abuse

Today T+2

Posted by Perfectinvestor > 2021-04-20 13:31 | Report Abuse

Drop some more, I will buy...

Posted by Imnoobonly > 2021-04-20 17:08 | Report Abuse

Collect until want vomit lor.... Goreng la... Jgn tak goreng...

Posted by Kingoreng > 2021-04-20 17:48 | Report Abuse

Patient... it’s coming soon

Posted by Zrenxy > 2021-04-20 21:38 | Report Abuse

Mah Sing announcement almost coming

Posted by darrenliew > 2021-04-21 08:41 | Report Abuse

Kossan Rubber posts record earnings in Q1. Exceeding RM1Billion for 3 months 1Q.

Augurs promising future for Mahsing's new Glove manufacturing business scheduled to commenced at its new well automated factory this month

Posted by Bgt 9963 > 2021-04-21 08:54 |

Post removed.Why?

Posted by darrenliew > 2021-04-21 10:07 | Report Abuse

Market news pointed to all targeted production outputs for the next 1 year already all sold out with pre booking deposits received

Posted by fregend > 2021-04-21 10:58 | Report Abuse

c32 big accumulations something is brewing

Posted by darrenliew > 2021-04-21 12:06 | Report Abuse

Declared Dividend 1.66 sen likely to announce Ex date next 1 week

Posted by darrenliew > 2021-04-21 12:27 | Report Abuse

During good economy had been very generous in its dividend pay outs:-
27-Apr-2018 12-Sep-2018 DIVIDEND First and Final Dividend RM 0.065 Dividend Detail
02-Sep-2017 29-Aug-2017 DIVIDEND First and Final Dividend RM 0.065 Dividend Detail
28-Apr-2016 30-Aug-2016 DIVIDEND First and Final Dividend RM 0.0650 Dividend Detail
25-May-2015 02-Sep-2015 DIVIDEND First and Final Dividend RM 0.0650 Dividend Detail

With the property sector steadily improving and with the additional revenues from its new glove manufacturing operations, its future profits will increase which will see increasingly higher dividends being declared again.

Another good catalyst will be its potential listing of its manufacturing business(plastics + glove)
Hope Mashing shareholders will get preferential allotments for this future IPO

Posted by Tony008 > 2021-04-21 12:28 | Report Abuse

Most of my recovery stock portfolio already sold off and parking here. MS, hope u won't dissapoint us. Go, go, go

Posted by Ong Kean Hoong > 2021-04-21 15:14 | Report Abuse

If all 12 line productions run, i believe the profit would eclipse the profit from property sector. Correct me if i'm wrong

Posted by Imnoobonly > 2021-04-21 15:51 | Report Abuse

Lol... Manage to get some c30 cheap cheap... Burn oso cheap cheap but if up then kaw kaw.... Hihihi...

Posted by darrenliew > 2021-04-21 15:58 | Report Abuse

Ong. Yes. Agree with you bcos the output and sales and thus profits has a much faster turn around time for glove making compared with property's 3 to 4 years. Hence the revenue and profit contributions from Glove business will overtake the property's section's. Multiple times positive.
Nevertheless its business model of having both business will be good

Posted by darrenliew > 2021-04-21 16:04 | Report Abuse

Ong. Agree with you. Bcos glove business has a much faster turnaround time compared to property development's taking 3 to 4 years. Hence Glove business and its contribution to its profits will overtake its property's contribution. Multiple times positive.
Nevertheless its business model of having a well established property and now its Glove/plastic divisions will be ideal

Posted by Ong Kean Hoong > 2021-04-21 17:57 | Report Abuse

So far mahsing didn't announced how many production line in progress, i only heard e-nanyang say 2 lines will start this month.

Posted by Zrenxy > 2021-04-21 21:12 | Report Abuse

Mahsing coming....Tomorrow supermax fly

Posted by Imnoobonly > 2021-04-22 08:10 | Report Abuse

Good morning... Today can see the light?

Posted by darrenliew > 2021-04-22 08:10 | Report Abuse

Actually MahSing got website on its new and upcoming Glove business :-

Production Capacity & Indicative Orders
PHASE 1
12
Production Lines
3.68bn
pieces of gloves per annum
(38,000 pieces per line per hour)
PHASE 2
12
Production Lines
* Currently in plan for expansion of existing premise


Letter of Intent (LOI) received from buyers prior to factory completion
Indicative orders have exceeded the Phase 1 & 2 capacity, with over 70+ local and foreign buyers expressing strong interest in MS Gloves..

HIGHLY AUTOMATED & GMP FACTORY WITH AUTO STRIP, AUTO STACK AND AUTO COUNT TO MAXIMISE COST EFFICIENCY

Full details/ info hereunder :-


https://www.mshealthcare.com/about-ms-healthcare/

Posted by zhen wei & JP > 2021-04-22 08:41 | Report Abuse

Projectile revenue per annum.

1) non certified / local consumption
Estimated - Rm 736,000,000

2) certified / foreign consumption
Estimated - Rm883,200,000.

Cost ranging from 45-70% max.

Posted by Foker > 2021-04-22 11:18 | Report Abuse

What kok u toking?

Posted by OrlandoOilSemiconT > 2021-04-22 11:50 | Report Abuse

Haiz... stil treated as a rubber gloves pretender?

Posted by Foker > 2021-04-22 11:55 | Report Abuse

I ask what kok u gaiz toking?

Posted by gardenia123 > 2021-04-22 12:00 | Report Abuse

https://www.theedgemarkets.com/article/mah-sing-start-making-rubber-gloves-next-month

Posted by zhen wei & JP > 2021-04-22 12:17 | Report Abuse

Examination glove is certified under Fda,Iso,ce,astm & en.

Posted by zhen wei & JP > 2021-04-22 12:20 | Report Abuse

Investment by.

Ensilag med
Fittcon med
Ffog med
I00i025A zw

Posted by cutie > 2021-04-22 12:21 | Report Abuse

Gloves making next month. Confirmed. Property plus gloves plus plastic manufacturing.. Huat

Posted by coffeesheep > 2021-04-22 12:22 | Report Abuse

finally good news come up, next is next week final dividend ex date announcement

Posted by Imnoobonly > 2021-04-22 12:23 | Report Abuse

I see the light... Hihihi...

Posted by Tony008 > 2021-04-22 12:28 | Report Abuse

Yes.. MS engine started already. Let's break RM 0.93 roadblock and then see u at RM1.00 soon

Posted by kasrim > 2021-04-22 12:29 | Report Abuse

ok2.. canteekkk!

Posted by Tony008 > 2021-04-22 12:35 | Report Abuse

If they really announce dividend ex-date by next week, TP RM1.20 no problem.. Cheers

Posted by stkoay > 2021-04-22 12:40 | Report Abuse

https://www.theedgemarkets.com/article/mah-sing-start-making-rubber-gloves-next-month

"On the whole, we expect the glove manufacturing business to generate more recurring and steady income for Mah Sing, complementing the same existing property and plastics businesses, and contributing positively to the group's financials going forward," he told the media.

The property developer anticipates the first shipment of gloves to be delivered in May and June.

Mah Sing expects an addition of four production lines to be operational in the second quarter this year (2Q21), followed by six more production lines in the 3Q21.

These 12 double former lines have a maximum annual capacity of up to 3.68 billion pieces of gloves.

"Being a new glove producer, we are not committed to any long-term contracts with lower pricing. As such, compared to existing players, we have more flexibility to lock in spot orders at higher spot prices," Ho said.

Posted by coffeesheep > 2021-04-22 12:43 | Report Abuse

this year final dividend 1.66c, ex date mostly will be on september, i don't think will help to push up the price at short time

Posted by Hooooot9Eeeeee > 2021-04-22 13:00 | Report Abuse

https://www.theedgemarkets.com/article/mah-sing-start-making-rubber-gloves-next-month#.YID3zTZofhk.facebook

Posted by collie > 2021-04-22 13:51 | Report Abuse

maybe maybe not but Q2 results will be out around that time and potentially higher profit margin to back the surge

Posted by BigPro > 2021-04-22 14:10 | Report Abuse

KLANG (April 22): Mah Sing Group Bhd has completed the testing and commissioning of its two glove production lines in its first glove manufacturing factory. The manufacturing plant, located in Kapar, Klang, is expected to start production next month.

During the media visit to the plant, chief executive officer (CEO) Datuk Ho Hon Sang revealed that the indicative orders from more than 100 letters of intents received to date had well exceeded the group's capacity.

"On the whole, we expect the glove manufacturing business to generate more recurring and steady income for Mah Sing, complementing the same existing property and plastics businesses, and contributing positively to the group's financials going forward," he told the media.

The property developer anticipates the first shipment of gloves to be delivered in May and June.

Mah Sing expects an addition of four production lines to be operational in the second quarter this year (2Q21), followed by six more production lines in the 3Q21.

These 12 double former lines have a maximum annual capacity of up to 3.68 billion pieces of gloves.

"Being a new glove producer, we are not committed to any long-term contracts with lower pricing. As such, compared to existing players, we have more flexibility to lock in spot orders at higher spot prices," Ho said.

At 11am, Mah Sing's shares price was 1.5 sen or 1.69% higher at 90.5 sen, valuing it at RM2.2 billion.