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 3 days ago

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-05-06 10:22 | Report Abuse

Panic button on!
Good time to shopping.....

Topper88

253 posts

Posted by Topper88 > 2021-05-06 10:42 | Report Abuse

I just bought some for rebounce after panic selling

Tony008

124 posts

Posted by Tony008 > 2021-05-06 11:41 | Report Abuse

Cannot resist to buy more today. Topped up again. For mid term surely help u make money, rarely seen MS drop like this

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-05-06 11:51 | Report Abuse

Lol Topper88 oso cannot tahan see the price... Hahahaha... Welcome back.... Hahahaha

hcthey

295 posts

Posted by hcthey > 2021-05-06 12:00 | Report Abuse

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.

Posted by EmperorFund > 2021-05-06 12:19 | Report Abuse

Mah Sing Sink?

Topper88

253 posts

Posted by Topper88 > 2021-05-06 12:24 | Report Abuse

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

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-05-06 12:25 | Report Abuse

suddenly no more glove fantasy??? back to property already??? hahaha

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-05-06 12:37 | Report Abuse

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...

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-05-06 12:59 | Report Abuse

Citadel9999 suddenly no more glove fantasy??? back to property already??? hahaha

Wah... Citadel9999 is master leh... All ppl sorhead... All go holland... Hihihi...
Vivocom limit up... I huat for you Citadel9999

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-05-06 13:02 |

Post removed.Why?

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-05-06 13:13 | Report Abuse

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

Jinglebell

134 posts

Posted by Jinglebell > 2021-05-06 13:48 | Report Abuse

Dun feed too early ,below 90 bari masuk!

beso

2,137 posts

Posted by beso > 2021-05-06 13:48 | Report Abuse

早就讲过了,仙股就是仙股。lol

Posted by dolphin8838 > 2021-05-06 15:03 | Report Abuse

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 !

Jack888

855 posts

Posted by Jack888 > 2021-05-06 15:55 | Report Abuse

Buy or sell ?? last decision...

Jinglebell

134 posts

Posted by Jinglebell > 2021-05-06 15:59 | Report Abuse

Now glove tengah price war ,n dun forget mahsing traded at 0.415 jz not long ago.
Dun join the water fish gang b smart

miniminer

509 posts

Posted by miniminer > 2021-05-06 17:00 | Report Abuse

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................

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-06 17:00 | Report Abuse

mco good for gloves la

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-06 17:01 | Report Abuse

mco ==> more stringent sop implementation ==> tighter preventive measures ==> greater usage of gloves

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-06 17:02 | Report Abuse

most gloves also exported

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-06 17:02 | Report Abuse

local consumption very small portion only leh

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-05-06 17:24 | Report Abuse

0.415 lol lolol....

miniminer

509 posts

Posted by miniminer > 2021-05-06 17:38 | Report Abuse

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.................

Posted by Kok Leong Chan > 2021-05-06 21:29 | Report Abuse

Who is WC?

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-05-07 10:46 | Report Abuse

Yesterday go shopping geh today happy happy jor...

shawn5107

107 posts

Posted by shawn5107 > 2021-05-07 16:12 | Report Abuse

what do you all think about mahsing when covid cases hit 4498 today?

zhen wei & JP

1,173 posts

Posted by zhen wei & JP > 2021-05-07 16:48 | Report Abuse

Buy call

singkalin

532 posts

Posted by singkalin > 2021-05-07 16:52 | Report Abuse

BUY. BUY. BUY.

shawn5107

107 posts

Posted by shawn5107 > 2021-05-07 16:52 | Report Abuse

will buy in when it break 1.10 resistance

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-05-07 17:00 | Report Abuse

Look like next week got show...

stkoay

6,447 posts

Posted by stkoay > 2021-05-07 17:34 | Report Abuse

Nice close.

Topper88

253 posts

Posted by Topper88 > 2021-05-07 19:03 | Report Abuse

Congrats to those buying yesterday.
I believe most of us still holding it, Let's earn more next week.

Imnoobonly

645 posts

Posted by Imnoobonly > 2021-05-07 20:08 | Report Abuse

Topper88 u banyak cepat U TURN ah.... Hahaha
Okok lets earn more...

stkoay

6,447 posts

Posted by stkoay > 2021-05-07 21:47 | Report Abuse

https://www.theedgemarkets.com/article/glove-maker-careplus-1q-net-profit-soars-record-rm12354m-declares-two-sen-dividend

The group is now running 34 lines with an annual capacity of 5.82 billion pieces of gloves.

______________________________________________________________________

Careplus....34 lines capacity 5.82 B

Mahsing.....12 lines capacity 3.68 B

stkoay

6,447 posts

Posted by stkoay > 2021-05-07 21:48 | Report Abuse

Mahsing production lines are more efficient.

Dakewlest

1,755 posts

Posted by Dakewlest > 2021-05-08 05:11 | Report Abuse

Thinking of buying more next monday...

hcthey

295 posts

Posted by hcthey > 2021-05-08 16:48 | Report Abuse

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.........

Dakewlest

1,755 posts

Posted by Dakewlest > 2021-05-08 20:20 | Report Abuse

Hcthey, what is your avg price tgat u bought mahsing?

hcthey

295 posts

Posted by hcthey > 2021-05-08 22:14 | Report Abuse

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 ).

zhen wei & JP

1,173 posts

Posted by zhen wei & JP > 2021-05-08 23:57 | Report Abuse

South Africa variant in Malaysia a no joke.

Rotty

23 posts

Posted by Rotty > 2021-05-09 12:27 | Report Abuse

Despite being the largest gloves manufacturer in the world, there is a shortage of good quality gloves in our local Gov Hospitals lol.

fachoi

130 posts

Posted by fachoi > 2021-05-09 13:13 | Report Abuse

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.

stkoay

6,447 posts

Posted by stkoay > 2021-05-09 13:33 | Report Abuse

Gloves + Property + Plastic Manufacturing is a safer bet going forward compared to pure gloves.

Raiz368

1,594 posts

Posted by Raiz368 > 2021-05-09 16:24 | Report Abuse

The fair value MS should be above rm1.20 and potential to get 100% return within 3-6 mth

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-09 16:27 | Report Abuse

yah kah

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-09 16:27 | Report Abuse

sure boh

hcthey

295 posts

Posted by hcthey > 2021-05-09 17:08 | Report Abuse

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.

Raiz368

1,594 posts

Posted by Raiz368 > 2021-05-09 18:45 | Report Abuse

Due to positive covid case increase everyday, demand for glove also increase...better increase portfolio more to glove stock

5231428

610 posts

Posted by 5231428 > 2021-05-09 19:18 | Report Abuse

Glove demand will be strong for at least 2 years.

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