MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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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

KL1234

4 posts

Posted by KL1234 > 2019-07-01 16:01 | Report Abuse

If continue to trade at way below Nta, better take it private.

skybursa

1,482 posts

Posted by skybursa > 2019-07-02 08:12 | Report Abuse

Many unsold properties what can expect the share price to perform?

7300

2,152 posts

Posted by 7300 > 2019-07-11 12:56 | Report Abuse

for the next 10 years ,hate about property,perpetual ikan masin bond-kang edi ,leverage to rag :(

live freedom without worry as long term slave

no read newpapers ar??

vinc3nt

407 posts

Posted by vinc3nt > 2019-07-23 17:20 | Report Abuse

another water leakage project

RainT

8,448 posts

Posted by RainT > 2019-07-24 10:56 | Report Abuse

buy when everybody fear

sell when everybody euphoria

sengkee

2,060 posts

Posted by sengkee > 2019-07-24 11:33 | Report Abuse

Mahsing-WC
Exercise Price: 2.10
Expiry Date: 21 Feb 2020

k6ii

1,873 posts

bahai4453

2,297 posts

Posted by bahai4453 > 2019-07-31 13:34 | Report Abuse

collecting bullets and guns first before you shoot and shoot up !

nkk53

1,426 posts

Posted by nkk53 > 2019-08-07 18:46 | Report Abuse

Beli ikan masin 0.90 satu kilo

freddiehero

16,722 posts

Posted by freddiehero > 2019-08-07 19:30 | Report Abuse

lets break 0.50

loonginv

852 posts

Posted by loonginv > 2019-08-07 19:42 | Report Abuse

0.50 I oso want !!

nkk53

1,426 posts

Posted by nkk53 > 2019-08-08 18:44 | Report Abuse

Tambah 0.895 yesterday.and keep till dividend payment

bahai4453

2,297 posts

Posted by bahai4453 > 2019-08-13 17:27 | Report Abuse

Baru masuk counter ini , sudah banyak turun.

bahai4453

2,297 posts

Posted by bahai4453 > 2019-08-13 17:31 | Report Abuse

Ini bulan hantu cina, siang tak boleh naik. Kena tunggu bulan mooncake

noobbie

1,122 posts

Posted by noobbie > 2019-08-15 11:05 | Report Abuse

oiii..jalan la..bg lepas singgit

BullRun_93

1,374 posts

Posted by BullRun_93 > 2019-08-29 00:07 | Report Abuse

@RainT buy when everybody fear
sell when everybody euphoria

Now enough fear or not? Can buy now? really takut lah....recently all masuk longkang wan. :(

Posted by Superbull888 > 2019-08-30 13:15 | Report Abuse

https://www.theedgemarkets.com/article/hong-kong-investors-shun-singapore-homes-malaysia-taiwan

Hidden-gem, mashing future earning would be promising, dividend yield outperformed FD, potential capital gain in coming years.

Posted by kyy_superinvestor > 2019-08-30 17:10 | Report Abuse

Mahsing good qr!

Invest_888

1,063 posts

Posted by Invest_888 > 2019-09-02 23:02 | Report Abuse

So difficult to understand, 1st quarter 2019 earning(NP TO SH) is RM55,013,000, the EPS is 1.51sen. The 2nd quarter 2019 earning(NP TO SH) drops to RM50,319,000, but the EPS is 0.96sen. When compare from RM55,013,000 to RM50,319,000, the drop only 8.53%, but the weird or can't understand is the drop of EPS is from 1.51sen to 0.96sen, the drop is 36.4%. If one quarter now only earn 0.96sen, 1 year is 0.96x 4=3.84sen. Now, one share is 86.4sen. Earning per year only 3.84/86.4= 4.439%. Can we earn money? most property counters earning become lesser and lesser.
Why financial report sometimes very easy to understand, sometimes totally can't understand? If totally can't understand means I don't know the investment risks, therefore I shouldn't invest at all.

lizi

1,968 posts

Posted by lizi > 2019-09-03 16:24 | Report Abuse

Very good observation from Invest_888.

The confusion is due to perpetual securities interest payment made by mahsing this quarter. That's mean the actual net profit is 23 mil instead of 55 mil. Net profit figure is misleading. Must use EPS to calculate PER. Now PER of 9 is misleading.

lizi

1,968 posts

Posted by lizi > 2019-09-03 16:33 | Report Abuse

PER should be over 10 if use EPS, but i don't agree with your 0.96 x 4 annual EPS. Interest payment for debt notes is not constant every quarter. Next quarter could be none. So using eps x 4 is for kindergarden investor to use.

Invest_888

1,063 posts

Posted by Invest_888 > 2019-09-03 18:47 | Report Abuse

Thank you lizi for your good explanation. I found the answer at the below link with pdf format, page 19 of 20.

https://www.malaysiastock.biz/GetReport.aspx?file=2019/8/30/8583%20-%201707409985674.pdf&name=MSGB%20Q2%20FY19.pdf

Mahsing actual 2nd quarter 2019 earning was RM23.246,000 instead of RM50,319,000 due to the payment of perpectual securities, RM27,073,000. The EPS was total earning divided by total no of share(2,427,687,000) = 0.96sen.

Since Mahsing agreed EPS was 0.96sen. The actual earning must RM23.246,000. Why Mahsing told the whole world its 2nd quarter 2019 earning was RM50,319,000. Really misleading.

Kindergarden investor use simple term for normal people to understand. I think not only Mahsing use this complicated way to beautify their financial report, many companies do so. Many small investors(uncle/auntie) buy stock without any knowledge. They expose to high risk stock.

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-04 12:46 | Report Abuse

Just to tell you a simple fact. Except high dividend stocks every stock in Bursa is high risk. Just as you said financial report can be fake !
3 principles to gamble in stocks:
- Buy and sell on rumours.
- Buy and sell on good and bad financial result.
- Buy and sell at the right timing.
That's it . simple like.

Dia mari... hahaha..

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-04 12:48 | Report Abuse

Just for your info there are lots of guys making money by investing in PN17 counters !

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2019-09-04 21:07 | Report Abuse

https://www.theedgemarkets.com/article/walk-down-memory-lane

Nasi Lemak Group?

congrts to you.

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-06 17:53 | Report Abuse

Nasi lemak without sambal ikan bilis is no taste.

ValueMe

176 posts

Posted by ValueMe > 2019-09-06 22:21 | Report Abuse

Share price now like nasi lemak...after ex date,will drop it like its hot..

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-06 22:25 | Report Abuse

wah.. close green today. very good

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-09 16:48 | Report Abuse

Fatt Fatt 0.88. Back to 0.90 soon. limit up tomorrow.

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-10 09:23 | Report Abuse

Mahsing boss donated fund to Chinese high school in Johore.

dompeilee

11,888 posts

Posted by dompeilee > 2019-09-10 17:12 | Report Abuse

Bought some MahSing @ 88.5c this morning to average down to 2 lots, on the last day to qualify for the dividend.

PKok6655

50 posts

Posted by PKok6655 > 2019-09-11 23:16 | Report Abuse

Cash company ok

ValueMe

176 posts

Posted by ValueMe > 2019-09-12 11:01 | Report Abuse

This share has potential to reach 70 cents by end of this year.

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-13 09:27 | Report Abuse

Are you sure ? Based on what theory ?


This share has potential to reach 70 cents by end of this year.
12/09/2019 11:01 AM

ValueMe

176 posts

Posted by ValueMe > 2019-09-13 23:44 | Report Abuse

Every week falling at the rate of 1 or 2 cents per week, declining profit for 6 quarters with the latest quarter profits just a shed above RM 50 million,terrible property market sentiment.The only way this share price will stabilise in the near future is if the company buy back their own share which they wont be doing anytime soon..Dont need theory..just logic.

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-14 09:05 | Report Abuse

not yet falling enof..

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-14 09:05 | Report Abuse

more.to come..

Posted by martinPLM > 2019-09-14 18:16 | Report Abuse

then why all the BUY call

Posted by martinPLM > 2019-09-14 18:17 | Report Abuse

and high TP?!

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-14 19:49 | Report Abuse

Just a guess! If you can see the future you're multy billionaire now. Investment and gambling is a guessing game!

RainT

8,448 posts

Posted by RainT > 2019-09-16 18:49 | Report Abuse

cash company then what ?

bad market sentiment on property

share price cannot go up also

freddiehero

16,722 posts

Posted by freddiehero > 2019-09-16 19:03 | Report Abuse

slow slow play... no idea

ValueMe

176 posts

Posted by ValueMe > 2019-09-17 16:15 | Report Abuse

Buy call is just a guide.I wont be surprised if many of the buy and sell calls are indirectly manipulated by the company itself.If you trust buy call 100 percent,you are still new to the stock market:(

Posted by martinPLM > 2019-09-17 20:09 | Report Abuse

yes i AM:) but i sold all today!

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-17 21:22 | Report Abuse

Mashing's debts to assets is very low and they're working out something new to cut cost by pushing up the productivity of construction. As long as their performance is healthy. Sometimes up sometimes down. This is no a bad idea to invest in Mahsing at all. At least you can sleep better at night.

bahai4453

2,297 posts

Posted by bahai4453 > 2019-09-19 12:06 | Report Abuse

Good price to collect now.

zhen wei & JP

1,175 posts

Posted by zhen wei & JP > 2019-09-19 20:07 | Report Abuse

Become penny stock within one year.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2019-09-19 21:42 | Report Abuse

Ya ! Need to soften more
Before a major come back

RainT

8,448 posts

Posted by RainT > 2019-09-20 18:39 | Report Abuse

@bahai4453
MAHSING U can sleep well at night?

what a joke

do u know now how many properties in Msia that cannot sell out

do u know the sentiment towards property sector is bad, no investor want to invest in property

do u know economy bad, people no money buy big ticket items, property

RainT

8,448 posts

Posted by RainT > 2019-09-20 18:40 | Report Abuse

there are lots of company out there in KLSE that debts to assets is also very low

and prospect is better that MAHSING

property sector now is a no no

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