MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.72

Today's Change

0.00 (0.00%)

Day's Change

1.70 - 1.75

Trading Volume

6,254,500


11 people like this.

12,573 comment(s). Last comment by fruitcake 2 days ago

Jenny1288

35 posts

Posted by Jenny1288 > 2015-11-03 12:17 | Report Abuse

This share can growth until Wat price ?

vxpoison

1,906 posts

Posted by vxpoison > 2015-11-03 13:47 | Report Abuse

tp: 1.490?

Investeye

2,347 posts

Posted by Investeye > 2015-11-03 15:44 | Report Abuse

Selling pressure is getting lesser started from yesterday and the buying interest is getting higher... good sign..

aiman2010

115 posts

Posted by aiman2010 > 2015-11-03 16:13 | Report Abuse

should start advertised penang project... late start...hard to sell ..
sharedowner will run to uem(them just advertised project last week)

calvintaneng

56,418 posts

Posted by calvintaneng > 2015-11-03 20:16 | Report Abuse

Singing Horse starts galloping?

rizerlee

752 posts

Posted by rizerlee > 2015-11-04 00:04 | Report Abuse

Is our mortgage loan market still doing well ?

wisdomtot

645 posts

Posted by wisdomtot > 2015-11-04 11:13 | Report Abuse

Start neighing only... hasn't even gallop..

sarahdeaton

1,609 posts

Posted by sarahdeaton > 2015-11-04 11:25 | Report Abuse

hehehe....neigh....neigh.....neigh.....i will ride this horse to victory!!!

supermix2

1,069 posts

Posted by supermix2 > 2015-11-04 17:25 | Report Abuse

today Star Horse just warming up, tomorrow may gallop as many tickets are bought today.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-04 17:59 | Report Abuse

EPF is buying everyday, guess something must be up otherwise the biggest shark won't bite.

2721

2,003 posts

Posted by 2721 > 2015-11-04 20:35 | Report Abuse

foreign fund is back

supermix2

1,069 posts

Posted by supermix2 > 2015-11-05 01:14 | Report Abuse

If foreign fund are back, then we see more active participation.

calvintaneng

56,418 posts

Posted by calvintaneng > 2015-11-05 11:44 | Report Abuse

Foreign funds?
Templeton Fund is bullish on Malaysia.
So is Aberdeen. Buying Aeon.
Yeoman buying PPG
3 more foreign funds also turning bullish on Malaysia.

Above all Mr Boom Marc Faber is bullish on Indo China including Malaysia.

This is the only region that will grow 6 to 8% yearly.

So Calvin Tan Research is

Bullish on Malaysia!

supermix2

1,069 posts

Posted by supermix2 > 2015-11-05 17:03 | Report Abuse

Star Horse gallop well today, more to come tomorrow for mother & son too.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-05 17:55 | Report Abuse

EPS is buying in a big way everyday on MahSing & where EPF buy, you follow & you will win & make good money....guaranteed

2721

2,003 posts

Posted by 2721 > 2015-11-05 20:12 | Report Abuse

Best property in msia for consecutive two yrs..come back is realz

supermix2

1,069 posts

Posted by supermix2 > 2015-11-06 01:07 | Report Abuse

Told you all so that EPF is buying big everyday, follow & you all won't go wrong. See below EPF buying...


Thursday, 5 Nov 2015

5:05PM EMPLOYEES PROVIDENT FUND BOARD ("EPF") (1,302,700 units Acquired)

Wednesday, 4 Nov 2015

5:40PM EMPLOYEES PROVIDENT FUND BOARD ("EPF") (50,000 units Acquired)

Tuesday, 3 Nov 2015

5:09PM EMPLOYEES PROVIDENT FUND BOARD ("EPF") (831,800 units Acquired)

Monday, 2 Nov 2015

5:10PM EMPLOYEES PROVIDENT FUND BOARD ("EPF") (534,700 units Acquired)

Friday, 30 Oct 2015

5:18PM EMPLOYEES PROVIDENT FUND BOARD ("EPF") (180,100 units Acquired)

supermix2

1,069 posts

Posted by supermix2 > 2015-11-06 01:19 | Report Abuse

Financial results will be out in a week or so. Should be good as usual. So buy ahead of the report for bother mother & son. Good luck.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-06 08:25 | Report Abuse

Ride well today my Super Horse and son.

Investeye

2,347 posts

Posted by Investeye > 2015-11-06 14:59 | Report Abuse

Had disposed half during these 2 days to take some profit..

supermix2

1,069 posts

Posted by supermix2 > 2015-11-07 12:13 | Report Abuse

Today EPF just announced that it hold more than 11% of Star Horse with recent buying, more to come.

Investeye

2,347 posts

Posted by Investeye > 2015-11-07 16:23 | Report Abuse

Announcement of EPF indicated the accumulation is come to the end, let see the price can sustain above RM1.37 or not for the short term. Cash out some to see the impact of the Fed rate up in Dec(may be i read too many Hu Li Yang articles). Anyway, Mahsing is good for middle and long term. Better cut some at this moment

calvintaneng

56,418 posts

Posted by calvintaneng > 2015-11-07 16:55 | Report Abuse

Just visited MAPEX Johor.

A really good surprise.

The Comdos in Sierra Perdana are almost sold out at Rm480k.

They have sold off the 1st batch at over Rm300k a unit earlier launch.

This is no mean feat selling so well among many other Condo development in Iskandar.

And they said only a few units left for Rm480k batch.

After this they will launch 2 more final blocks of over 200 units each.

Price will be further raised to over Rm600k a unit!

This is indeed a good reason why this Singing Horse received the best award for affordable housing beating Huayang.

At Ecoworld booth I met the friendly sales staff. They sound very optimistic that buyers are still trickling back. And in Kota Masai their houses at Rm480k are almost all sold by now.

This will be good for Mahsing's Bandar Meridin East just next door. Mahsing will launch 2 storey houses here at Rm350k a unit.
Since Mahsing only bought this 1,000 acre land for Rm7 psf.

Mahsing stands to reap at least 80% profit a unit after minus land and construction cost.

With such high incoming profits from Bandar Meridin East alone no wonder that EPF is walloping Mahsing shares.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-07 17:10 | Report Abuse

Investeye, I don't think that EPF announcement will stop them from buying more. If a company makes good profit & had very good prospects, why not EPF accumulate or buy more for investment?

Posted by man_kulim > 2015-11-07 23:22 | Report Abuse

berapa boleh up..simpan atau sell....

Investeye

2,347 posts

Posted by Investeye > 2015-11-08 08:57 | Report Abuse

Supermix2, may be you are right. For me, i later believe if Fed rate is going to happen, then the rm may touch even above 4.5 and with the bad sentiment of all Asia markets, it is better to wait a better time to accumulate good stocks. At present, it is better to play safe to hold at least 2/3 in cash.

sarahdeaton

1,609 posts

Posted by sarahdeaton > 2015-11-08 09:58 | Report Abuse

If horse can sing , so can you. True story

supermix2

1,069 posts

Posted by supermix2 > 2015-11-08 12:35 | Report Abuse

Tomorrow, let's hope to see this horse gallop, so let the race begin.

Posted by bocca ngilerrr > 2015-11-08 12:48 | Report Abuse

believe or not...mahsing will fly on Monday...

supermix2

1,069 posts

Posted by supermix2 > 2015-11-08 12:58 | Report Abuse

bocca ngilerrr, I believe in your saying & that's why I had been collecting both moth & son WB is considerable amount. I say go for it as I expect TP to reach a moderate $1.80 instead of $2.12 as suggested by Am Research.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-08 13:26 | Report Abuse

Hope you all have read this below...

TP is RM2.12...good upside.

We maintain our BUY call on Mah Sing Group with an unchanged fair value of RM2.12/share. This pegs the stock at a 15% discount to its NAV. According to The Edge Malaysia, Mah Sing is set to launch the second phase of its Feringghi Residence project in Penang by year-end.

- Feringghi Residence is a freehold development that comprises low-rise condo villas and high-rise resort condos on 61 acres of elevated land in Batu Feringghi. The gated development is to be developed in three phases. The parcel of land was bought in 2010, and is strategically located along the famed Batu Feringghi tourist belt and ~1km away from Hard Rock Hotel Penang.

- Phase 1 of Feringghi Residence (~11 acres) was launched in 4Q12. It consists of 210 apartments with built-ups of 1,510sf to 1,752sf in a five-storey block and priced between RM870k and RM1.4mil a unit. To-date, more than 90% of these units have been sold.

- As for the upcoming Feringghi Residence 2, a total of 632 units will be on offer in three blocks of four, 10 and 32-storey high. The average built-ups will be smaller than that of the first phase, ranging from 1,208sf to 1,565sf. The third phase (launch date yet to be confirmed) will comprise 410 resort condos, 80 town villas and 32 hillside villas.

- The GDV for Feringghi Residence 2 is approximately RM700mil or RM700psf-RM750psf. Apart from having a view of the sea, the units under this new phase will enjoy facilities such as a multi-purpose hall, gym, tennis court, infinity pool, barbeque area, playground and a man-made pool.

- We expect Feringghi Residence 2 to be one of only two new launches for Mah Sing in Penang this year, given the soft market conditions. The Penang market accounts for c.6% of the group’s revised pre-sales target of RM2bil for FY15F.

- We understand that Feringghi Residence 2 received 600 registrations within two weeks during a preview held last July. Given its smaller built-ups, we believe the average pricing per unit could be lower than that of Phase 1.

- While we expect Feringghi Residence 2 to be similarly well received given its strategic location and low-density features, we expect the conversion into sales to take longer compared to Phase 1. Furthermore, the former has total units that is 3x that of the latter (632 vs. 210).

- We maintain our BUY call on Mah Sing. While presales momentum will likely be muted in the near term, earnings visibility remains solid with a remaining GDV of RM26bil and unbilled sales of RM4.8bil (~2x its FY14 property revenue). Plus, the stock trading at a steep 49% discount to its NAV.

calvintaneng

56,418 posts

Posted by calvintaneng > 2015-11-08 13:43 | Report Abuse

Very good,

Latest news from the www.thesundaily.my/

In Malaysian Property Industry Oscars Awards

MAHSING CAME OUT OVERALL CHAMPION AS NO. 1

1) DEVELOPER OF THE YEAR - MAH SING GROUP BERHAD

supermix2

1,069 posts

Posted by supermix2 > 2015-11-08 14:10 | Report Abuse

People, please read this....



Malaysian property industry Oscars
Posted on 6 November 2015 - 02:50pm
Last updated on 6 November 2015 - 02:55pm
Print

CONSUMERS are the ultimate end-users of products and services. Understanding their views and opinion is important for all marketers.

Likewise those who purchase property, be it for their own residence, office-space, investment or rental income, are the ultimate end-users of the properties promoted by developers. Having believed and invested in the developers’ offerings, their views also postulate end-user feedback which can prove critical for savvy property marketers.

For the second consecutive year, iProperty’s Peoples’ Choice Awards has identified and acknowledged the opinion and selection of the Malaysian people in the property sector across 15 categories (See list below).

Industry leaders, executives and professionals associated with this sector, congregated at the glittering event hosted at the One World Hotel on Nov 3. Group managing director and CEO Georg Chmiel reiterated iProperty’s commitment to establish a platform which identifies the peoples’ opinion, simultaneously honouring the industry leaders whose distinguished and impressive developments have made such a significant impact in the lives of property buyers.

Malaysia’s leading property website received over 21,949 votes for 111 submissions across 15 categories. The panel of judges then narrowed it down to 84 for final selection. The judging panel included Pertubuhan Akitek Malaysia (PAM) 2014-2015 president Chan Seong Aun, Akzo Nobel Paints Malaysia (Dulux) director of professional sales Owen Tan, Chur Associates founder and managing director Chris Tan Chur Pim, Investment Promotions of Malaysia Property Incorporated vice-president (I) David Chong, “The Strategic Property Investor” model and programme founder Ahyat Ishak and iProperty’s Chmiel.

To accommodate wider range of selection, the number of categories was increased to 15 (from 10 in 2014). In addition, special recognition was bestowed upon LK Property Group for its prestigious development Capitol Grand in Australia. In 2016, iProperty will formally introduce an additional category for Best Luxury Development in the Asia Pacific region.

Over time, these peoples’ choices may emerge as a strong counterpoint to those industry awards purely based on technical selection by judges, without assessment of the end-users’ views and opinion.

Winners of the iProperty Peoples’ Choice Awards 2015
1. Developer of the Year –Mah Sing Group Berhad
2. Best Emerging Developer – Hatten Group Sdn Bhd
3. Best High Rise Development – Residensi Sefina by UEM Sunrise Sdn Bhd
4. Best Luxury High Rise Development – The Astaka @ 1 Bukit Senyum by Astaka Padu Sdn Bhd
5. Best Landed Development – Sierra 6 by IOI Properties Group Berhad
6. Best Luxury Landed Development – Hometree by BCB Berhad
7. Best Value Development – Nadayu28 Bandar Sunway by Nadayu Properties Berhad
8. Best Integrated Development – Harbour City by Hatten Group Sdn Bhd
9. Most Iconic Development – D’Twist by DK Group
10. Best Waterfront Development – R&F Princess Cove by R&F Properties
11. Best Southern Development – TriTower Residence @ Johor Bahru Sentral by MB Group
12. Best Northern Development – Upper East @Tiger Lane, Ipoh by Andaman Property Management Sdn Bhd
13. Best Township of the Year – Sunway Iskandar by Sunway Iskandar Sdn Bhd
14. Best Commercial Development – IOI City Mall by IOI Properties Group Berhad
15. Best International Development – The Bay by TEHO Development (Cambodia) Pte Ltd

Best Luxury Development Asia Pacific – Capitol Grand by LK Property Group

http://www.thesundaily.my/news/1604939

aiman2010

115 posts

Posted by aiman2010 > 2015-11-08 15:49 | Report Abuse

Epf have 10% share now..hope good news
.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-08 15:57 | Report Abuse

aiman2010 , when EPF buys it means we buy too & EPF never goes wrong on it's investments as it always makes money on it's investments, if not how are we going to get interest on our EPF savings? EPF is one of the biggest sharks & can easily push up & down any counter.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-08 16:00 | Report Abuse

You can see how EPF maintain the price of BIMB when other bank counters price falls....so EPF can easily control any counter price.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-09 09:13 | Report Abuse

Mother & son go go goooooooooooo

2721

2,003 posts

Posted by 2721 > 2015-11-09 09:17 | Report Abuse

wohooo~something blew on mahsing,come back is realz~

supermix2

1,069 posts

Posted by supermix2 > 2015-11-09 09:24 | Report Abuse

Come to mama TP of RM2

2721

2,003 posts

Posted by 2721 > 2015-11-09 09:27 | Report Abuse

lets spam lets brow lets power of invest grow

wolf1

721 posts

Posted by wolf1 > 2015-11-09 09:53 | Report Abuse

today up 5 to 8 sen will do....continues on Wednesday.

Investeye

2,347 posts

Posted by Investeye > 2015-11-09 10:38 | Report Abuse

Will dispose some if more than rm1.40

supermix2

1,069 posts

Posted by supermix2 > 2015-11-09 10:40 | Report Abuse

I will still hold on until I get a good price which I know will be coming. The same go4es to son WB too. Market is down but Star Horse is galloping hard.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-09 10:52 | Report Abuse

Mother should close higher today perhaps at $1.41

supermix2

1,069 posts

Posted by supermix2 > 2015-11-09 15:33 | Report Abuse

See the queue of buying support despite the bad market & I am confident it will go high.

2721

2,003 posts

Posted by 2721 > 2015-11-09 15:36 | Report Abuse

breaking news : RM1.40 break

supermix2

1,069 posts

Posted by supermix2 > 2015-11-09 15:42 | Report Abuse

2721, lai liau Star Horse...sure break $1.40 & son WB go up too.

supermix2

1,069 posts

Posted by supermix2 > 2015-11-09 15:49 | Report Abuse

RM1.40 sudah habis, more to come & son WB 23.5 almost habis too...yahoooooo

Post a Comment