MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.75

Today's Change

+0.03 (1.74%)

Day's Change

1.69 - 1.75

Trading Volume

5,996,400


11 people like this.

12,574 comment(s). Last comment by Perfectinvestor 7 hours ago

MAX8186

69 posts

Posted by MAX8186 > 2023-02-28 15:29 | Report Abuse

3 sen dividend. Profit is higher. Looking good.

James Ng

2,704 posts

Posted by James Ng > 2023-03-02 20:23 | Report Abuse

[转贴] [Video:浅谈MAH SING GROUP BERHAD, MAHSING, 8583] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2023-03-02-story-h-296558365

morganlee

341 posts

Posted by morganlee > 2023-03-29 10:40 | Report Abuse

soquiet

singkalin

540 posts

Posted by singkalin > 2023-04-18 10:23 | Report Abuse

Only good new in media.

singkalin

540 posts

Posted by singkalin > 2023-04-19 15:37 | Report Abuse

why keep going down ???

Zrenxy

603 posts

Posted by Zrenxy > 2023-04-23 09:03 | Report Abuse

Hold on ...limit up soon after weeks ahead. Buy call with TP rm1.00

singkalin

540 posts

Posted by singkalin > 2023-04-27 11:04 | Report Abuse

Ha Ha Ha Zrenxy,
Mahsing only hot news in Media.
In actual share markets, Mahsing likes lame horse.
Alway fall down.

xiaoeh

2,640 posts

Posted by xiaoeh > 2023-04-27 11:17 | Report Abuse

I've been holding it since 23/06/2021 ave $0.822.
Regretful never cutloss earlier.
But thankfully some lesson learnt from this trade.

Zrenxy

603 posts

Posted by Zrenxy > 2023-04-29 14:01 | Report Abuse

Wait china fund enter mahsing

singkalin

540 posts

Posted by singkalin > 2023-05-02 11:21 | Report Abuse

China will only enter if they become the decision maker, just like Geely holding 49.90 % of Proton share. You think Tan Sri Dato Leong Hoy Kum will allow this to happen.

Ahboy96

154 posts

Posted by Ahboy96 > 2023-05-09 17:11 | Report Abuse

3sen dividend... aiya

EVO118

2,122 posts

Posted by EVO118 > 2023-05-29 15:13 | Report Abuse

Mah Sing's 1Q net profit rises 16% to RM50m.
https://theedgemalaysia.com/node/668927

hhhiii123

823 posts

Posted by hhhiii123 > 2023-05-29 20:15 | Report Abuse

go and fly tomorrow~

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2023-05-31 09:13 | Report Abuse

Gloves on track?

EVO118

2,122 posts

Posted by EVO118 > 2023-05-31 15:10 | Report Abuse

Useless counter. Can't even hold on to a 0.02c gain out of that qtr report. Give up.

i4value

78 posts

Posted by i4value > 2023-06-06 13:48 |

Post removed.Why?

EVO118

2,122 posts

Posted by EVO118 > 2023-06-07 09:07 | Report Abuse

OPR hike will keep property market sluggish, says think tank.
https://www.freemalaysiatoday.com/category/highlight/2023/06/07/opr-hike-will-keep-property-market-sluggish-says-think-tank/

Posted by Perfectinvestor > 2023-06-08 05:33 | Report Abuse

Thanks, i4value

EVO118

2,122 posts

Posted by EVO118 > 2023-06-14 07:29 | Report Abuse

Mah Sing buys Johor land to develop RM480mil GDV project.
https://www.thestar.com.my/business/business-news/2023/06/13/mah-sing-buys-johor-land-to-develop-rm480mil-gdv-project
Being a property counter it will still take a couple of years before we can even see the results of development and final sales..

James Ng

2,704 posts

Posted by James Ng > 2023-06-14 21:41 | Report Abuse

[转贴] [Video:浅谈MAH SING GROUP BERHAD, MAHSING, 8583] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2023-06-14-story-h-267818639

catalan

120 posts

Posted by catalan > 2023-06-19 20:33 | Report Abuse

Mah Sing buys 500-acre Semenyih land from S P Setia for RM392m cash

https://theedgemalaysia.com/node/671732

singkalin

540 posts

Posted by singkalin > 2023-06-20 10:50 | Report Abuse

Why other stock can easily jump to the sky with little bit of good news, but Mahsing with so much good news can only crawl to first floor and later fall to the basement.

trader808

309 posts

Posted by trader808 > 2023-06-29 21:05 | Report Abuse

KUALA LUMPUR: MIDF Research is positive on the prospects of Mah Sing Group Bhd’s latest M-series affordable project – M Nova in Kepong here.

In a note yesterday, the research house expects strong sales for M Nova which will be launched in the third quarter of this year as it had recorded an overwhelming registration of interest recently.

“Mah Sing has opened registration of interest for one block of M Nova with 624 units. We gather that registration of interest was overwhelming with 9,000 registered interests.

“Hence, we expect strong sales prospects for this project upon its official launch as we think Mah Sing should be able to convert the strong bookings into property sales fast due to the overwhelming response from buyers,” it said.

M Nova has a total gross development value of RM790mil with an affordable selling price starting from RM318,000 for a 700 sq ft unit.

The expected strong sales from the project should underpin a new outlook for Mah Sing, it said.

MIDF Research noted that Mah Sing aimed to achieve higher new property sales of RM2.2bil in financial year 2023 (FY23) against new property sales of RM2bil in FY22.


STARPICKS
MPOGCF conservation initiatives to protect biodiversity
As such, it maintained a “buy” call for the stock with an unchanged target price of 78 sen.

“We make no changes to our earnings forecast for FY23 to FY25 as new sales contribution from M Nova is expected to underpin management’s new sales target.

“Besides, the developer’s active land acquisition will continue to support new property sales outlook and earnings visibility in the near term,” it said. — Bernama

speakup

26,985 posts

Posted by speakup > 2023-06-29 21:16 | Report Abuse

any news on Mah Sing glove biz? suddenly no hear anymore

darrenliew

1,014 posts

Posted by darrenliew > 2023-07-03 09:30 | Report Abuse

A SIMPLISTIC COMPARITIVE LOOK AT THE FUNDAMENTALS OF 2 PROPERTY DEVT COMPANIES:-
==============================================================
Mah Sing Eco World
----------- -----------
Share price 0.61 0.81
EPS (sen) latest Q ) 2.06 1.94
Dividend (sen) latest Q 3 2
GDV (RM/Billions) 2.2 2.2
NTA (RM) 1.49 1.63
My personal views :
=============
1) Mah Sing's share price seems to be undervalued
2) Upside potential for Mah Sing's share price to at least catch up to Eco World's 0.81 ( a 33% upside)
3) Fundamentals and business of both companies are sound

Posted by value_investor77 > 2023-07-03 11:50 | Report Abuse

1. Golden cross formed between 9-day-moving average and 20-day-moving average on 19 June 2023. We may expect positive momentum in the coming week, in hopes of the share price exceeding the 0.635 technical resistance level. The current price is above the 20-day and 50-day moving average lines, indicating a sign of strength.
2. The MACD line crossed above the signal line on 12 June 2023. The bullish momentum has continued until now as represented by larger green histograms. The gap between the signal line and MACD line has continued to widen, indicating positive momentum.
3. The current RSI reading (59) is above the central line of 50. This is a sign of strength as it shows that more traders are buying this share than selling. The current RSI is still below the overbought region. Depending on the trader’s strategy, it is still a good time to buy now.
4. Directional movement index. The +DI line moved above the -DI line on 12 June 2023, indicating upward pressure on the share price. The current ADX line reading of 32.6 indicates that the upward pressure on the share price should continue in the coming week.

trader808

309 posts

Posted by trader808 > 2023-07-13 22:17 | Report Abuse

1.Several brokerage houses had done extensive research and analysis on Mahsing. All of them have an overwhelming buy call and ascribed realistically achievable and high target price arising from new launching and property development ,revenue and earning growth.

2.The counter has drawn some attention since July 2023. Visibly, there were huge buying interest and the daily volumn trade had increased progressively and share price had inched up encouragingly.

3. Interestingly, the daily volumn traded for the last 30 day has increased from a low of 509k to a high of 9.98m shares. There had been great evidence of serious accumulation in the last 8 trading days.

4.Today on 13/7/23 the 9.98m shares were on T+2 and the daily volumn transacted was merely 2.52m. It meant the key buyers did not dispose to contra the transactions,instead they picked up the shares. This implies the accumulation is still continuing.

5. It is believed that the recent news flow about land acquisitions, JV and planned new launching and housing development in the second half would attract new investors and sustain buying momentum and raising share price.

6.Personally, I think Mashing has all the valuable ingredients of a long term value investing stock. Over time, share price will move higher slowly, surely and safely.

7. It will sustain and stay elevated by its 3 sen upcoming dividend and potential jump in profits and earnings.
8. At 63 sen, Mahsing has a dividend yield of 4.76%, ROE of 5.17% and a surprisingly low PE of 8x

9.This is the most opportune time.
Are you still contemplating, would you take the plunge?
Happy trading
13/7/23

RISK8888

2,231 posts

Posted by RISK8888 > 2023-07-14 09:27 | Report Abuse

💪💪💪

Tibbers

570 posts

Posted by Tibbers > 2023-07-14 13:07 | Report Abuse

seems like going to BO anytime

EVO118

2,122 posts

Posted by EVO118 > 2023-07-17 09:28 | Report Abuse

MAH SING NAMED A WINNER OF MALAYSIA BEST MANAGED COMPANIES 2023.
https://theedgemalaysia.com/content/advertise/mah-sing-named-a-winner-of-malaysia-best-managed-companies-2023
IS IT possible?

Icon 888

2,299 posts

Posted by Icon 888 > 2023-07-18 11:18 | Report Abuse

New high.. property come back

Ahboy96

154 posts

Posted by Ahboy96 > 2023-07-18 22:18 | Report Abuse

WOWOWOW...

trader808

309 posts

Posted by trader808 > 2023-07-20 18:29 | Report Abuse

1.Technically speaking and basing on the candle sticks chart, the period beginning June 2022 and Mar 2023 Mahsing was trading and forming a Shoulder Head Shoulder Bottom pattern and formation.
2.The left shoulder was completed in Oct 2022 at 54 sen and the bottom head was formed and completed in Dec 2022 at 49.5 sen whereas the right shoulder finished somewhere in Mar 2023 at 56 sen. The neckline was 61.5 sen.

3.Thereafter, Mahsing consolidated and traded side ways awaiting new catalyst to resume its upwards momentum. The moment has arrived in July 2023 following Mahsing's numerous announcement of land acquisitions, housing development, new project launching and JV.

4.As you may be aware several investments bankers have issued analyst reports with overwhelming buy calls. These have created awareness and enthusiasm and investors chased up the shares with interest and volume,advancement and gains.

5. Where do we go from here?
Technically in a candlesticks chart the SHS bottom is a bullish indicators. Once it is formed and share price breakout and breached the neckline, it is technically expected to continue its upwards momentum and the quantum of surge from the neckline is equal to the distance between the head and neckline. That is 61.5 sen minus 49.5 sen or 12 sen.

6. Hence, basing on the technical analysis, I courageously but shamelessly estimate that Mahsing will breach 61.5sen plus 12 sen that means it will hit 73.5 sen minimally in the weeks ahead.

7. Personally, I believe the forthcoming 3 sen dividend and the prospects of earning growth plus market enthusiasm and confidence would further drive up the share price and sustain it at an elevated level.
8. It is still early and those who dare would win.
Happy trading
20/7/23

i4value

78 posts

Posted by i4value > 2023-07-21 08:13 |

Post removed.Why?

Posted by value_investor77 > 2023-07-21 22:11 | Report Abuse

The on-balance volume indicator is used to measure the positive and negative flow of volume in the share price. The reading is a cumulative total of positive volume less negative volume. Positive volume represents the volume on a day when the price increases, whereas negative volume represents the volume on a day when the price decreases. Buying pressure is evident when positive volume exceeds negative volume, and the OBV line rises. Higher OBV reading shows strong buying interest. For an increase in share price to be meaningful, it must be accompanied by higher OBV reading. Looking at Mah Sing, the share price started to increase from 7-July-2023 and broke the resistance of 0.63 cents in the following days. Now, the share price sits at 0.67 cents. This increase in share price was accompanied by above average volume, as well as increasing on-balance volume reading. This shows that the increase in price is backed by strong buyers, and we may anticipate the uptrend to continue.

billionn

731 posts

Posted by billionn > 2023-07-22 10:41 | Report Abuse

Heavy promotion hor 😅

Zrenxy

603 posts

Posted by Zrenxy > 2023-07-22 21:31 | Report Abuse

TP price is Rm1.00.....Should be rally coming soon. Institutional will come enter this to push up

speakup

26,985 posts

Posted by speakup > 2023-07-22 22:05 | Report Abuse

Has Mahsing disposed off its glove biz? Never hear anything about it anymore

ks5S

4,601 posts

Posted by ks5S > 2023-07-23 10:06 | Report Abuse

glove is dying. One by one line up for sayonara,
No light at the end of the tunnel.

trader808

309 posts

Posted by trader808 > 2023-07-26 18:16 | Report Abuse

1. Contrary to your unsubstantiated belief and little understanding ,Mahsing does NOT need promotion.
2. And neither does it seek attention. Not one in a billion chance.The counter has been widely researched and extensively analysed with overwhelming buy call from many investment banks.

3. Mahsing is a star in its own right and the invaluable opinions and perceptions of its Chairman pertaining to property sector are much sought after.

4. Be it investors,stakeholders, bankers and customers, they are proud to be associated with Mahsing whose name and logo is a symbol of trust, quality and professionalism.

5. The share price has inched up impressively since June 19th from 60sen to close at 67 sen today on July 26th with raising volume and continued buying interests.

6 .The bulls have rested and regained its strength. It the coming weeks it will charge upwards again with energy and power.

7. At 67 sen Mahsing is only trading at a PE multiple of 8.7x. The ROE is 5.17% and dividend yield is 4.48%. The net tangible assets is 1.49, therefore its share price is only 45% of NTA.
8. If you have been monitoring Mahsing and watching with folded arms and not lifting a finger this week at 67 sen is a second opportunity.

9. Mahsing has become a hot temptation and it is deliciously yummy.
Would you bite. ?
Happy trading
26/7/23

Zrenxy

603 posts

Posted by Zrenxy > 2023-07-27 15:50 | Report Abuse

It is coming guys fly

wah168

308 posts

Posted by wah168 > 2023-08-01 13:23 | Report Abuse

yes. and ready to fly soon. those whose want to buy, buy fast fast ah... no regret.

singkalin

540 posts

Posted by singkalin > 2023-08-04 14:00 | Report Abuse

too many contra player here. Very difficult to move up.

EVO118

2,122 posts

Posted by EVO118 > 2023-08-07 08:06 | Report Abuse

Should have run along time ago. Current price is ridiculously low.

trader808

309 posts

Posted by trader808 > 2023-08-10 11:29 | Report Abuse

1.The development for Mahsing over the past few days was truly and meaningfully encouraging. There was substantial rise in volume accompanied by an upwards swing in share price from 63 sen a week ago to reach an intraday high of 69.5 sen yesterday.

2. Technically ,Mahsing is going through a SHS bottom which is a bullish pattern and formation. It is continuing it its committed effort to scale and conquer new height possibly to hit 73.5 sen in the coming weeks

3. In the coming days, the 3 sen dividend which will go ex date on 8th Sept will support and sustain the share price at an elevated and profitable level.

4. In case Mahsing announces great results at the end of the month, the upwards movement will be swift and furious.

5. This is my personal perception of the counter and it is not a recommendation to buy or sell. I could be entirely wrong in my analysis.

Happy trading
10/8/23

CHLEONG888

924 posts

Posted by CHLEONG888 > 2023-08-14 12:22 | Report Abuse

Heading 0.735

Zrenxy

603 posts

Posted by Zrenxy > 2023-08-14 20:11 | Report Abuse

TP rm1.10..on your mark

RISK8888

2,231 posts

Posted by RISK8888 > 2023-08-14 22:25 | Report Abuse

See ecoworld rocketing, very soon mahsing will match it. Both company very similar in revenue and profit. But market is far from matching. Just hold on, very soon will catch up.

Michael Kwok

6,415 posts

Posted by Michael Kwok > 2023-08-15 00:06 | Report Abuse

Sell on strength
Prize 71.5 cents
15/8/23 12.05am

speakup

26,985 posts

Posted by speakup > 2023-08-15 07:47 | Report Abuse

property counters are all bullish, must be very long Q to buy houses at showrooms. Ada yg tidur overnight kat developer office to be #1 on Q

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