Mah Sing Group Bhd's M Oscar development in Sri Petaling has achieved an 85% Quality Assessment System in Construction (Qlassic) from the Construction Industry Development Board (CIDB)
Double Sword is a noob. Ask him come head to head with me in a stock pick competition anytime. When people started to buy into property and construction counters last year, he was still sleeping.
DEVELOPERS in Johor are optimistic the property market in the southernmost Malaysian state is expected to benefit from several on-going major projects especially in Iskandar Malaysia
Tomorrow will be X dividend date for Mahsing, I foresee it will drop to RM1.200 or even lower. For this year it has gone up to the highest at RM1.33, after which it has come down slowly from day to day and stay at 1.24 to 1.26. even though it has declared 4 cts for its dividend, but it does not attract investors to buy and push up the shares. I do not see good about this counter, I sold all my Mahsing shares today.
Those professional firm with TP 1.47, 1.57, 1.58... all are rubbish, don't even close to that TP figure. Don't know how they came out these formulae. Pity to newbies if they believed in those TP.. hehe Anyway, congratulations to those have sell all mahsing to day and tomorrow
After allocation of 4 cts dividend on 9th of May, I foresee it will drop far below 1.20 later, temporary you may sell it off first and buy it back again at cheaper price.
Mah Sing Group Bhd (KL:MAHSING) and OSK Holdings Bhd (KL:OSK) have been included in the MSCI Malaysia Small Cap Index, while Astro Malaysia Holdings Bhd (KL:ASTRO), Magnum Bhd (KL:MAGNUM) and TSH Resources Bhd (KL:TSH) have been removed from the index, effective May 31.
Still got 26,916 road block at RM1.40. Kenanga Research's target price is RM1.60. MSCI small cap fund managers will start buying on 31 May 2024 and at the same time, we will have the 1st quarter results.
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....
EngineeringProfit
20,578 posts
Posted by EngineeringProfit > 2024-04-16 09:31 | Report Abuse
WWIII is coming. Keep cash & gold. Sell first, buy later