MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.73

Today's Change

0.00 (0.00%)

Day's Change

1.71 - 1.74

Trading Volume

4,335,300


11 people like this.

12,576 comment(s). Last comment by fruitcake 1 hour ago

Imnoobonly

645 posts

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

Still look good...

Posted by Kucingmeowikan > 2021-06-03 01:14 | Report Abuse

Kilang ikut sop tak, bagi kabinat seraton tutop belakang korang da la import takleh .lockdown pulak, jgn klaste covid da. Sop tu tuk ikut bebas covid .maju Malaysia

nuilam hali

1,365 posts

Posted by nuilam hali > 2021-06-03 10:33 | Report Abuse

klse not intresting to invest lousy

Zrenxy

614 posts

Posted by Zrenxy > 2021-06-03 19:34 | Report Abuse

Mahsing got Europe Certification....it's time to show

trend99

10 posts

Posted by trend99 > 2021-06-03 20:41 | Report Abuse

for mahsing, every time got great news, it move the opposite way

gohkimhock

3,129 posts

Posted by gohkimhock > 2021-06-03 21:50 | Report Abuse

now only trying to enter Europe market? lol

nextan

713 posts

Posted by nextan > 2021-06-03 21:53 | Report Abuse

Lousy stock good news also don't move one

5231428

617 posts

Posted by 5231428 > 2021-06-03 21:58 | Report Abuse

Patience is of essences just hold on.

5231428

617 posts

Posted by 5231428 > 2021-06-03 22:19 | Report Abuse

Slowly step by step,like I said not for short term or contra players.

Zrenxy

614 posts

Posted by Zrenxy > 2021-06-03 23:50 | Report Abuse

https://www.theedgemarkets.com/article/mah-sing-obtains-certification-export-gloves-europe

Hold on TP rm1.20 to rm1.40 in 3 months time

The_JQuestion

1,699 posts

Posted by The_JQuestion > 2021-06-04 00:48 | Report Abuse

because it is glove related so cant go up but it doesnt go down with glove stocks very good value if u interested in both glove+ property

Zrenxy

614 posts

Posted by Zrenxy > 2021-06-04 09:28 | Report Abuse

It is moving up now

BestOne

323 posts

Posted by BestOne > 2021-06-04 09:42 | Report Abuse

Great progress… legitimate news and good prpgress for great value as it is now… fly ..

Zrenxy

614 posts

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

Hold tight...patience is the key...to beat supermax...mahsing is doing their best to catch up

Posted by BuffetOnWeed > 2021-06-04 21:55 | Report Abuse

No need to beat supermax lar haha. Just need to play a role to fulfill glove demand

Posted by ericlee9889 > 2021-06-04 22:40 | Report Abuse

Hopefully something will come

Dorothy

57 posts

Posted by Dorothy > 2021-06-04 23:00 | Report Abuse

Heng ong huat aaaaa

Zrenxy

614 posts

Posted by Zrenxy > 2021-06-04 23:48 | Report Abuse

August will be good month for mahsing..wait n see

kancs9128

13 posts

Posted by kancs9128 > 2021-06-07 18:40 | Report Abuse

total newbie here - how does MahSing going to run down its inventories? $750M of completed properties not sold - creating an overhang.

shawn5107

107 posts

Posted by shawn5107 > 2021-06-09 09:24 | Report Abuse

fcking stock never more

singkalin

547 posts

Posted by singkalin > 2021-06-09 10:38 | Report Abuse

Take time to heal the broken leg.

Tony008

124 posts

Posted by Tony008 > 2021-06-09 10:39 | Report Abuse

What happen to MS? Look like operator still not finish accumulating

shawn5107

107 posts

Posted by shawn5107 > 2021-06-09 10:59 | Report Abuse

been holding from april till now, price just never brk 0.96

Posted by fortheemprah > 2021-06-09 11:47 | Report Abuse

Guys, did MahSing management reached a breaking point of desperation and resorted to Gloves? It's like the bubble-tea and cafe rush where everyone hoped for an easy way forward.

Quick poll, do you foresee 5 years down the road to read the news headlines "MahSing seeking to sell its glove manufacturing assets as competition pummeled the ASP of gloves to below profitable level"?

Ahboy96

154 posts

Posted by Ahboy96 > 2021-06-09 17:47 | Report Abuse

start to collect now as is quite cheap at this moment. once their glove started to export. their price it will shoot up to Rm1.00 above.

darrenliew

1,047 posts

Posted by darrenliew > 2021-06-09 21:22 | Report Abuse

Mahsing's share price did broke above RM1.00 and in fact reached a high of RM1.11 just a few weeks ago.
Fundamentals are strong (cash rich RM1 billion)) and its latest Q net profit increased to RM40M (up RM12 millions) in its latest 3 months results. Mahsing businesses and profits will continue to improve and increase in future.

darrenliew

1,047 posts

Posted by darrenliew > 2021-06-09 21:29 | Report Abuse

And backed by a very capable, experienced and trustworthy management

mamatede

3,950 posts

Posted by mamatede > 2021-06-09 21:30 | Report Abuse

Like Gkent, you are late to the gloves parteh Mah Sing...

darrenliew

1,047 posts

Posted by darrenliew > 2021-06-09 21:36 | Report Abuse

Mahsing's 1Q profit in fact was RM44M (increased by RM14M )

Tony008

124 posts

Posted by Tony008 > 2021-06-10 09:31 | Report Abuse

This company is superb. However, the problem with this counter is, the share price movement and volume is fully controlled by the operator.
We can only wait when they release some news and goreng up the price

darrenliew

1,047 posts

Posted by darrenliew > 2021-06-10 14:27 | Report Abuse

Tony. Fully agree with your views.

darrenliew

1,047 posts

Posted by darrenliew > 2021-06-10 14:49 | Report Abuse

Glove markets and ASP will be strong in the next 2 years during which big profits will be made. Beyond that, demand for gloves will still be reasonably good as gloves are essential medical equipments. After the next 2 years although there may not be SUPERNORMAL PROFITS but profit margins will still be good at between 20$ to 30% (per views of Aspen and George Kent which are going to be glove makers).

darrenliew

1,047 posts

Posted by darrenliew > 2021-06-10 14:51 | Report Abuse

Hence glove manufacturing will be contributing reasonably good incremental profits for Mahsing

GloveASP

34 posts

Posted by GloveASP > 2021-06-10 15:07 | Report Abuse

UMNO insider explore if COVID case still in high position, they will execute the full lockdown immediately include non of the business ca be operated. Stanley transfer more than 2billions MYR to US ready for mew plant funding

stkoay

6,500 posts

Posted by stkoay > 2021-06-10 17:10 | Report Abuse

It seems many traders own this stock, need time to flush them out before the price can hold firm.

Ahboy96

154 posts

Posted by Ahboy96 > 2021-06-10 17:24 | Report Abuse

wow... 0.89... break 0.90 dy... time to buy in

trend99

10 posts

Posted by trend99 > 2021-06-10 19:40 | Report Abuse

I only see shit here

Posted by ongongong1978 > 2021-06-11 08:41 | Report Abuse

67 counter

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-06-11 08:51 |

Post removed.Why?

Posted by lalalalalalalala > 2021-06-11 09:27 | Report Abuse

price going up in coming weeks, buy before too late

Posted by mo1malaysia > 2021-06-11 10:20 | Report Abuse

TP 1.28 my foot...

Tony008

124 posts

Posted by Tony008 > 2021-06-11 10:50 | Report Abuse

WTF is going on? Is it because of big glove players forecasting lower profits sentiment that brings MS down?

Posted by staronenew > 2021-06-11 10:54 | Report Abuse

i saw Mahsing driving a car
Toyota - HILUX

Posted by Kok Leong Chan > 2021-06-11 11:00 | Report Abuse

Lol hilux

Posted by Kok Leong Chan > 2021-06-11 11:01 | Report Abuse

Good business prospects...but too bad ....cornered by operators....only anchovies and contra players kena!

Posted by Kok Leong Chan > 2021-06-11 11:02 | Report Abuse

Staronenew you are very humorous la. Give u 100 likes

Posted by Kok Leong Chan > 2021-06-11 11:03 | Report Abuse

Contra players everyday sell high and buy and even lower prices.

Posted by Kok Leong Chan > 2021-06-11 11:03 | Report Abuse

Buy at*

SpikeNow

204 posts

Posted by SpikeNow > 2021-06-11 12:11 | Report Abuse

ya , put in freezer first ... looks like sleeping

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