I buy MS shares this morning and full of confidence in it, I also buy its bright potential future. Other panic investors throw at lower price this morning, then I have good chance to buy at cheaper price. I bought some at 0.935 for investment. I never think of overnight good profit but for the year end profit. Company is doing well in its diversified businesses. Prices going up and down do not affect its business performance. If you buy MS property for investment, from the day you do the booking till the date of delivery of vacant possession, you need to wait for 3 years, why can't I hold my shares for months from the date on which I purchased them . Be patient, eventually I hope I will have a bumper harvest from MS shares.
I chose MS because we all know its good fundamental in property. Plus today's drop is due to panic selling. The good management team can bring up the price in the short term
Most counter red la.... Not mahsing only...hahahaha... Today is good day shopping... Dont spend all... Sometimes 3 days straight red red ler.... Hihihi... Panic day... Got bullets then is a good day...
Itu biasala..... If not where got panic sell.... Where got chase high.... @Citadel9999 u experience investor... Master leh... Anyway wish u earn a lot in vivo... Limit up
damned. The health of a Country's economy is best seen in its Stock Market. Our Bursa has been on a downtrend at least the last 3 years compared to neighbouring countries.No thanks to our politicians !
Wah! ....continue down so many days already, I think the MCO impact already fully realize by today, when going to pump up ya? last few minutes transaction all green, Boleh jadi besok ke? ini share lagi MCO lagi ONG punya ma.......hehehe................
In fact, both properties and glove segment are not much impact by MCO. Besides, as new manufacturing player, normally first Q will not see profit but depreciation & QA cost, once the manufacturing lines are up on full gear load the fit cost can then be lower down, lower cost = lower gloves price during this critical moment, only company with "great love" and contribution to mankind during disaster will be appreciate and continue success ......hehehe.................
the highest volume done was 2582948 on 24-04-2021 (Highest price traded on the day was RM1.11), followed by 1828399 on 26-04-21, 1110086 on 27-04-21, 868487 on 28-04-21, 501274 on 30-04-21, 513712 on 03-05-21, 412847 on 04-05-21, 270693 on 05-05-21, 394782 on 06-05-21 and 190622 on last Friday 07-05-21. I belief that for those sellers who bought their shares earlier for 87 cts to 93 cts have all been sold out for profit during the past 10 days. From next week onwards, I will see all the old sellers be back again and to buy back their shares. They also understand that MS is a good counter to hold for long term investment. MS is not only cash rich company but also rich in landbank for future development. When MS hand gloves machineries are in full force, anytime, its producing capacity will be better, faster and more efficient than Carepls and Adventa. Current market price of MS is more attractive than above mentioned companies. If you plan to get good money from MS, you better buy now. Hahaha.........
I bought in bit by bit from 93 cts to 1.03. average cost is about 1.00. I am confident in MS and belief that It will be back soon. I will hold it until I make profit. Do not worry of a good company which was doing well in the past decade. From 2010 to 2019, the company was making at least 200 million of profit and above, except for financial year 2020, due to Covid 19, it was greatly affected by the pandemic and the profit dropped to 104 millions. its NTA stands at RM1.40. For years 2010 to 2018, the highest trading price done between RM1.40 to RM2.40. Since 2019, it trading price fell below RM1.00 until last Friday closing at 97 cts ( 7-5-21 ).
mahsing have glove when pandemic is getting worst, mahsing have property business when economy turns back. mahsing open glove factory when pandemic getting worst, mahsing buy land when land price is reasonable.
I agreed with Raiz368's opinion, it is possible to happen. just hold your shares firmly and be patient. Your dream will materialise by the end of the year. I do hope that it will occur.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Imnoobonly
645 posts
Posted by Imnoobonly > 2021-05-06 10:22 | Report Abuse
Panic button on!
Good time to shopping.....