One thing I sell MAHSING is because he reduces dividend yield. Nowadays many counter high dividend yields but MAHSING which hold more money than other property counter only give less than 2fent . Not fair.. L&G , Glomac and Tambun dividend yield higher than you. But MAHSING is the most cash rich and last few years even ask RI. I feel like is not fair But if look at results obviously I'd good MAHSING results is better than LG and cash rich more than them. Business also good The boss just hope can give back us 5 or 4sen dividend like last time 8% dividend yield
MS's div payout ratio is currently 40% and this ratio has enabled the co to preserve cash for land acquisition and expansion. A good management policy but it shouldn't overlook shareholders' expectations. Perhaps, declare an interim div of 1.5% now since the co has done quite well (ytd 3.86cts EPS). Shareholders are waiting for such excitement, a present/angpow for this coming X'mas/CNY.
what kind of ass counter... property up, mah sing die, glove up, mah sing die... but yet high earning company... haha... change the company name to "Con-man Sing"... hahaha... mah sing go to hell always downtrend... hahahaha..
as usual, property up or gloves up, mah sing will remain down..slowly and slowly evryday by 0.05 until it share price hit 0.05.. that's mah sing target price (TP)... trust me, i got an internal info from mah sing..
In the past 15 months US has banned imports of gloves from 5 Malaysian cos. MS will benefit from these import restrictions. Moreover, MS has the advantage of cost-effectiveness as compared to those local existing glove manufacturers. MS employs highly-automated/high-speed machines in its productions with 12-production lines fully commissioned this month. It can also capture a bigger medical grade gloves as Canada has already awarded MS a medical device licence. Other Western countries will follow suit.
CAMERON HIGHLANDS - Every day since last month, 100 tonnes of tomatoes have gone to waste because of oversupply.
Federation of Malaysian Vegetable Growers Association secretary-general Chay Ee Mong said the glut started after the farm price of tomatoes hit RM4 (S$1.54) per kg in December last year.
"Suddenly, tomatoes became an attractive commodity to plant and, at one time, there were between 300 and 400 farmers planting tomatoes," he said here yesterday.
He said the price of tomatoes had dropped to between 20 sen and 30 sen because of the glut, adding that the highlands' daily output of the fruit was 300 tonnes.
"We can sell only 200 tonnes, so the rest has to be disposed of."
The association, said Chay, had asked the Federal Agricultural Marketing Authority (Fama) to step in to arrest the slide in price. "Fama has agreed to increase its intake to 15 tonnes weekly from four tonnes."
Chay said Fama was buying the fruit from farmers at 80 sen per kg.
He said the situation would improve when Thailand started importing tomatoes from Malaysia.
"We expect exports to start in June."
To avoid a similar incident from recurring, Chay reminded farmers to conduct market research before planting produce.
"Do not blame others when the vegetables you plant do not fetch a good price."
Tomato farmer S. Nanthakumar, 32, said he had no choice but to dump his produce.
"We cannot afford to pay the transport cost to send the tomatoes outside Cameron Highlands."
is becasue their gloves not making money and will not be making money ASP is pre covid level...its charity business so...going in to glove caused it big time i sold after holding THE QR was the bomb sold at 15% loss its not going to make money for Dividednds and its going to pay for that liability BAD and BAD
whenever glove related counters under pressure, Mahsing also under pressure, when gloves are on the rise, mahsing not impacted...whenever property counters on the rise, mahsing is deemed to be glove counters, when glove counter on the rise, mahsing is deemed to be property counter...
thas the dilemma of mahsing now....so disappointing...not sure if it is good or bad to go into glove biz
This counter better only their own management and directors go to invest. Whatever benefits all go to them first. It look like take shareholders money to earn money for them. Their got good profits but not share with shareholder. QR good also price drop, no eye see ....
Might not help much with the share price, but here's some good news.
PETALING JAYA: Mah Sing Group Bhd’s subsidiary, Mah Sing Healthcare Sdn Bhd, has obtained the Certificate of European Union Medical Device Regulation (EU-MDR) for its nitrile examination gloves after meeting the requirements of Regulation (EU) 2017/745.
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....
Posted by OldWiseMan100 > 2021-11-30 18:58 | Report Abuse