Posted by Kim > 2024-08-22 14:43 | Report Abuse

1.82 first.

Posted by 9trader > 2024-08-22 16:14 | Report Abuse

shd have good news coming

Posted by OldtimerTrader > 2 months ago | Report Abuse

almost ready

Posted by Arun008 > 2 months ago | Report Abuse

why down?

Posted by 11wenhao11 > 2 months ago | Report Abuse

Mahsing also kena margin call ....?

Posted by Unknown404 > 2 months ago | Report Abuse

All property stocks are down today

Posted by Arun008 > 2 months ago | Report Abuse

QR result release today?

Posted by gohkimhock > 2 months ago | Report Abuse

PETALING JAYA: Mah Sing Group Bhd has posted a strong eight-month sales performance of RM1.66bil, putting it on track to meet its minimum annual sales target of RM2.5bil.

The property developer said the sales were driven primarily by its M Series, which attracted strong interest from first-time home buyers.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the group remains committed to meeting the evolving needs of the market.

“With plans to further expand our M Series and introduce new offerings, we are well-positioned to continue our upward trajectory and achieve our 2024 objective,” he said in a statement.

He added the group is on track for a strong financial year 2024 (FY24) performance, supported by RM2.43bil in unbilled sales.

The group’s data centre portfolio is expected to further enhance long-term earnings through recurring income and value unlocking opportunities.

For the second quarter ended June 30, 2024 (2Q24), Mah Sing recorded a net profit of RM60.21mil or an earnings per share (EPS) of 2.37 sen.

This was an improvement from the RM50.48mil net profit or EPS of 2.08 sen it registered in 2Q23.

Revenue for the period was however down 10.2% year-on-year to RM578.39mil.

For the cumulative six months of the year (1H24), Mah Sing posted a net profit of RM120.26mil or an EPS of 4.84 sen against earnings of RM100.53mil or an EPS of 4.14 sen in 1H23, while revenue dipped to RM1.14bil from RM1.29bil in 1H23.

Its balance sheet remains healthy with RM911.5mil in cash and bank balances and investment in short-term funds, as well as a low net gearing of 0.10 times as at end-June 2024.

Mah Sing has secured land with nearly RM10bil in new gross development value, ensuring sustainable earnings visibility.

It has fresh cash flow of about RM500mil, which is periodically generated from vacant possessions.

Posted by 11wenhao11 > 2 months ago | Report Abuse

Mah Sing to make huge gain from Johor land

https://www.thestar.com.my/business/business-news/2024/09/03/mah-sing-to-make-huge-gain-from-johor-land

Posted by JJPTR > 1 month ago | Report Abuse

better get out , property stocks, huge tsunami is coming.

Posted by JJPTR > 1 month ago | Report Abuse

Mahsing shows a similar pattern as PERTAMA chart
There was a suddeng plunge 2 months ago from 1.95 to 1.46
Now preparing for phase 2 of down leg...

Posted by minichart > 1 month ago | Report Abuse

Mah Sing’s manufacturing segment is gaining momentum, with an ongoing expansion of its plastic business. Recently, the company entered a joint venture with its long-term Indonesian partner, PT Gaya, to increase the production and trading of plastic pallets, containers, and other handling and storage solutions. This joint venture is expected to increase Mah Sing’s manufacturing capacity by 10%, starting in October 2024.

With continued expansion plans, including new ventures in Thailand, Mah Sing is targeting further growth for its plastic manufacturing business, which may pave the way for a potential initial public offering (IPO) within the next three years. The Indonesian expansion alone is projected to drive a 10% increase in revenue for the plastic segment, unlocking additional value for shareholders and enhancing the company’s profitability.

https://www.minichart.com.sg/2024/10/09/mah-sing-group-expanding-growth-through-data-centers-manufacturing-and-property-development/

Posted by 11wenhao11 > 1 month ago | Report Abuse

Why compared Mahsing with Pertama...? Getting traumatized by it ? 😗

Posted by yeinemesis > 1 month ago | Report Abuse

Should compare Mahsing with other property counters. Not with IT Techs.

Posted by gohkimhock > 1 month ago | Report Abuse

MahSing is expected to experience further expansion in 2025. It is a dynamic entity with a strong potential for growth.

Posted by newbie9893 > 4 weeks ago | Report Abuse

Mahsing pun pump & dump?

Posted by turbochart > 4 weeks ago | Report Abuse

Dump $ pump $ 😁 ?

Posted by lcng123 > 4 weeks ago | Report Abuse

1 day show

Posted by 11wenhao11 > 4 weeks ago | Report Abuse

Better than no show. ha

Posted by gohkimhock > 3 weeks ago | Report Abuse

老实说, 你们死马星都未死. MahSing momentum so strong. Those who managed to spot MahSing at the beginning of this year and still holding now, you are considered an intelligent and smart investor.

Posted by Perfectinvestor > 2 weeks ago | Report Abuse

Good to shake out weak hands. I have noticed the potential of Mah Sing as one of the best stocks in 2021 as shown below:-

Stock: [MAHSING]: MAH SING GROUP BHD
2021-07-01 17:59 | Report Abuse
One of the best stocks for long term investment

Posted by 11wenhao11 > 1 week ago | Report Abuse

Mah Sing Group Bhd's growth prospects look promising after its recent acquisition of 5.2 acres of freehold land along Old Klang Road in Kuala Lumpur, marking its fourth land purchase this year !

https://www.nst.com.my/property/2024/11/1132621/analysts-positive-mah-sings-new-old-klang-road-land-acquisition