Posted by happ12 > 2018-04-17 18:04 | Report Abuse

Still no movement on pricing. Sideways. Not much sentiment to boost it

Posted by calvintaneng > 2018-04-22 16:22 | Report Abuse

Overhang by States

Johor 17.7% (4,376)

Penang 15.8% (3,916)

Kedah 15.3% (3,783)

In Johor - majority of the overhang comprises of condos/apartments priced RM500,000 to RM1mil.


Calvin comments:

The above figures are correct!

Majority of overhang in Iskandar consists of High Rise Condos priced over Rm500,000 to Rm1 Millions in Iskandar

So Calvin tells all fellow i3 Forum members to avoid & refrain from buying Condos priced above Rm700,000 in Iskandar.

Go for Landed Houses priced below Rm500,000 which now consttitutes the best investments.

Where to look

1) Bandar Meridin East by Mah Sing still got new 2 storey houses priced around Rm410,000. Over in Ecoworld next door all 2 storey houses below Rm500K have been all sold.

2) In Taman Nusa Damai (just after Bandar Sri Alam) BPruri jv with Mp Corp have launched 2 Storey Houses 20x60 for Rm488K. This one comes with G&G with Chub House and Swimming Pool. More than 50% already sold. This project is called Puri Residences. Opposite is the APTEX Commercial Lands.
Bookings can be placed at JB Sentral, in JBCBD.

3) In Taman Mutiara Rini (Boustead) 2 storey houses priced at Rm550,000 each were all sold. This is a hot area.

4) Scientex Pulai has 18x65 2 storey houses selling very well around Rm410,000. Similar built up like those of Mah Sing in Bandar Meridin East. Scientex management is proactive in buying more lands for affordable housing in Iskandar.

Note:

I don't have shares in Boustead, Scientex or Mah Sing. I still hold shares of MP Corp which owns the 480 acre lands on Taman Nusa Damai.

BPuri Jv with MP Corp to build 300 2 storey houses in Puri Residences of which 150 units have been sold.

Management of Bina Puri dare to build & sell even before MP Corp has fully resolved its many Court cases. Calvin is watching.

Posted by hng33 > 2018-04-24 10:41 | Report Abuse

bought back mahsing at 1.02

Posted by loonginv > 2018-04-24 11:40 | Report Abuse

affordable overhang issue is a big bomb, will c after GE any improve...

Posted by et > 2018-04-24 23:10 | Report Abuse

Yeap, true with the looming of excessive property.
when one try to roll ball their company, they are forced to reduce the prop price.

Posted by Lala Chew > 2018-04-26 16:01 | Report Abuse

this stock should be okay, declaring 6.5cents dividend soon

Posted by 2721 > 2018-04-27 19:13 | Report Abuse

declared div jor..pay on 27/9

Posted by ivan9511 > 2018-04-27 19:33 | Report Abuse

Buy

Posted by zhen wei v JP > 2018-04-28 00:47 | Report Abuse

we understood that developer being asset holder which translate higher risk while contractor a service provider.

Nowadays both ROE almost inline.
the volatility to undertake project is much more higher.

tough market, i am asking for permission to sailang. 6.5 @ 1 ringgit?
hahaha jokingy. :)

Posted by hng33 > 2018-04-30 10:41 | Report Abuse

sold off mahsing at 1.04, locked profit, free up capital first

Posted by loonginv > 2018-04-30 10:47 | Report Abuse

hold it tight, still a loooooong way to go

Posted by Dakewlest > 2018-04-30 14:48 | Report Abuse

Good to buy?

Posted by Lala Chew > 2018-04-30 16:18 | Report Abuse

hold 4 months, get 6% quite a good deal!

Posted by loonginv > 2018-04-30 16:27 | Report Abuse

correct, better than FD. After ge. once all project kickoff, price will climbs up slowly

Posted by Dakewlest > 2018-05-02 20:03 | Report Abuse

Finally bought mah sing shares. Any near term TP?

Posted by zhen wei & JP > 2018-05-02 21:00 | Report Abuse

TP low 1.17 - high 1.30.

Posted by upshare > 2018-05-03 16:00 | Report Abuse

Maybe push high for sell..1.06 ticket never finish..

Posted by kennyku > 2018-05-16 11:55 | Report Abuse

This stock can slowly collect and keep for dividend... 0.65 divedend not bad...

Posted by loonginv > 2018-05-17 12:20 | Report Abuse

keep going.!!!

Posted by HollandVillage > 2018-05-17 12:33 | Report Abuse

Ready fly

Posted by sengkee > 2018-05-17 12:34 | Report Abuse

Not linked to any political party right? Gov funds are inside?

Posted by loonginv > 2018-05-17 12:47 | Report Abuse

hopefully not one day show

Posted by junetan20 > 2018-05-17 14:36 | Report Abuse

bought at 1.04

Posted by Roger Lim Tau Kiat > 2018-05-17 20:57 | Report Abuse

Mahsing too many high rise development, more then 60%

Posted by happ12 > 2018-05-21 10:53 | Report Abuse

Up up plzzz

Posted by zhen wei & JP > 2018-05-22 20:03 | Report Abuse

to many high rise? well that's good, let the competition begin.

Posted by Data5000 > 2018-05-22 22:05 | Report Abuse

TP 1.3 BUY

Posted by Dakewlest > 2018-05-22 22:32 | Report Abuse

Down i will buy more

Posted by kennyku > 2018-05-23 21:53 | Report Abuse

This share can take good dividend

Posted by Roger Lim Tau Kiat > 2018-05-23 23:12 | Report Abuse

Buy 700k condo, rent rm1,500 / month. Happening whole malaysia. If condo price collapse, then mahsing gg. This is the big difference between ecoworld.

Posted by bursagoinglong > 2018-05-24 10:47 | Report Abuse

https://bursagoinglong.com/2018/05/23/analysis-of-mah-sing-group-berhad/

Posted by Dakewlest > 2018-05-26 22:56 | Report Abuse

Bila mau naik ini kaunter

Posted by zhen wei & JP > 2018-05-26 23:24 | Report Abuse

Dakewlest going AGM? Either the new proposal is going to be discussed.

Posted by Data5000 > 2018-05-29 22:03 | Report Abuse

If down can Buy more

Posted by Dakewlest > 2018-05-29 23:53 | Report Abuse

What proposal?

Posted by Flintstones > 2018-05-31 17:38 | Report Abuse

Value trap.

Posted by loonginv > 2018-06-07 12:08 | Report Abuse

very strong at 1.1, can reach 1.15 today ka ?

Posted by loonginv > 2018-06-07 16:56 | Report Abuse

what a good day !! tmr 1.2, gogogo !!!!

Posted by lee77 > 2018-06-07 17:15 | Report Abuse

why move up????

Posted by loonginv > 2018-06-07 17:37 | Report Abuse

up 5c, high vol

Posted by loonginv > 2018-06-07 17:37 | Report Abuse

agm coming month end, good news ???

Posted by Shahman Sangaran > 2018-06-12 17:40 | Report Abuse

Mah Sing donates RM3m to Tabung Harapan.

Ref: http://www.theedgemarkets.com/article/mah-sing-donates-rm3m-tabung-harapan

Posted by rchi > 2018-06-12 17:48 | Report Abuse

rchi > Jun 12, 2018 05:45 PM | Report Abuse X

Btw guys,how many of you know Duitkwspkita?
Duit has contributed many articles while he is in i3,he was a fren to many n has a great sense of humour.
Due to his negligence in judging ppl,he befriended this anonymous aka flyingkite aka coldrisk aka summer.
This trash of i3 stabbed duit in the back n threatened him to expose some info duit sent him,n report duit to SC.
Thus Duit has to leave i3 for good.What a waste to i3 community.
Beware this " TRASH OF I3".

Posted by rchi > 2018-06-12 18:04 |

Post removed.Why?

Posted by Shahman Sangaran > 2018-06-19 17:24 | Report Abuse

Mah Sing's article to promote Meridin Medini.

Ref: https://www.thestar.com.my/news/nation/2018/06/19/goodbye-kl-hello-johor-heres-why-you-should-move-to-the-southern-state/?utm_medium=thestarhomepage&utm_source=wpeditorspick&utm_campaign=MahSing19Jun

Posted by zhen wei & JP > 2018-06-19 18:27 | Report Abuse

T.P July 1.03sen

Posted by Dakewlest > 2018-07-01 17:05 | Report Abuse

Any TP by IB?

Posted by enid888 > 2018-07-01 20:42 | Report Abuse

Value investor, Tong Kooi Ong starts to turn positive towards the property sector. The price of property counters has dropped to a stage that they are too cheap now. It is good news for Mah Sing and Ecoworld in particular and all the property counters as a whole.

https://www.theedgemarkets.com/aa/tong/portfolio

Posted by zhen wei & JP > 2018-07-04 19:09 | Report Abuse

IB will only tp when they have topped up.
90% of the shares held by long term growth fund.
if plan to trade via 8582 not really sustainable....

Posted by V Dividend Capital > 2018-07-06 10:58 | Report Abuse

hold long term