Posted by dlau8899 > 2020-03-30 12:49 | Report Abuse

Last year dividend rm45. Compare with other company mahsing have a good dividend

Posted by dlau8899 > 2020-03-30 12:49 | Report Abuse

Buy and keep if drop more

Posted by jackson88 > 2020-03-30 14:00 | Report Abuse

I am collecting Lotte Chemical Titan, E&O and Mah Sing. All got dividend and tons of cash in company. I think need to hold around 2 years to double my investment

Posted by jackson88 > 2020-03-30 14:00 | Report Abuse

Problem I’m facing is price already gone up a lot. And not much desperate sellers now

Posted by patrick8 > 2020-03-30 15:15 | Report Abuse

Mah Sing at RM 0.305 was at floor base, doubt it can go lower than that.
In the next few months, probably looking at RM 0.60 if the stock market improves.

Posted by Plantermen > 2020-03-31 07:23 | Report Abuse

Problem is a key share holder continously disposing off their stakes. Last qtr result lower than market expectations. Dividend wise expect the minimal. Coming next few qtr { Mar-Aug} all expect negative with consumer sentiments plummeting plus the MCO lock down { Mar 18 - April 14} property developers are expected to be hard hit. Bank financing will be very selective during this trying times. Look at US mortaage loans fell to thier lowest. just my personal view on developers

Posted by ocpd > 2020-03-31 08:28 | Report Abuse

Tabung Haji is already finished disposing ... read the announcement!

Posted by Junqi > 2020-03-31 10:11 | Report Abuse

TH ceased to be a substatial shareholder ie holding less than 5%
This does not mean it has sold off completely.It still has plenty to sell

Posted by ocpd > 2020-03-31 10:24 | Report Abuse

they purposely announced late ... based on my calculation they should have sold mostly all by now.

Posted by jackson88 > 2020-03-31 10:27 | Report Abuse

I hope they continue to sell. More chance for all to buy cheap. I still want to buy. Waiting for my bank to release loan

Posted by Sonnykwaeh > 2020-03-31 10:31 | Report Abuse

BUY xin hwa (5267) start moving up must buy today

Posted by jackson88 > 2020-03-31 10:32 | Report Abuse

I took another 8yrs loan from Bank using my house. I think the price will triple within this 8yrs. Pray that price will remain below 40sen next few days.

Posted by liewwl2004 > 2020-03-31 11:17 | Report Abuse

Wow Jackson u are a brave man

Posted by Foker > 2020-03-31 12:24 | Report Abuse

Wait for the next wave, I m hoping to make quick money by selling at 40 sen, buy back 37 sen

Posted by Plantermen > 2020-03-31 14:12 | Report Abuse

Only the brave dares mortgage his house to invest. I salute u for the bravely to invest during this difficult times

Posted by bahai4453 > 2020-03-31 16:00 | Report Abuse

May be he is having more than 2 houses. Anyway good choice to pick. Mah sing may break 0.38 soon and proceed on .

Posted by bahai4453 > 2020-03-31 16:01 | Report Abuse

No gamble no gain ! Life is gambling or else be a monk.

Posted by jackson88 > 2020-03-31 16:27 | Report Abuse

I made money in 1999 and 2008 crash. Bought 3 houses. Now using all back as security for loan to buy the stocks again. Maybe last chance in my life. Rare opportunity

Posted by jackson88 > 2020-03-31 16:28 | Report Abuse

But I hope price still below 40 sen. I’m still waiting for the bank to release loan. Pray that price will stuck below 40 sen or cheaper

Posted by Plantermen > 2020-03-31 19:10 | Report Abuse

Those who have experience and seen the 97 - 98 currency crisis and the 2008 fall out are all survivors. Some are lucky some are not so lucky. Nonetheless I wish you all the best and hope I can ride out this turbulent times and emulate your lucky streak in profiting.

Posted by ocpd > 2020-04-01 10:29 | Report Abuse

>> I took another 8yrs loan from Bank using my house. I think the price will triple within this 8yrs.

When CIMB called me last week and offered personal loan, i took it immediately. It was only 4.5% and is the first time i take any personal loans. I told myself i would just dump the loan into stocks to make substantial profits after the interest.

Posted by Plantermen > 2020-04-02 06:49 | Report Abuse

HLB offering lower rates compared to Cimb

Posted by freddiehero > 2020-04-02 07:01 | Report Abuse

haha 4.5% still very high for now.

Posted by freddiehero > 2020-04-02 07:02 | Report Abuse

must 0% for the 1st year

Posted by Jonathan Keung > 2020-04-02 07:10 | Report Abuse

DJ closed -4% lower. World Bank expect Malaysia slip into recession 2020/2021 as private consumption takes a battering. Job losses among B40 group will curtail any big tickets spending { housing & cars }

Posted by ocpd > 2020-04-02 09:42 | Report Abuse

>> must 0% for the 1st year

I must be no up-to-date in getting loans. Anyway, im only getting 1-year term, so if 0% means bank no profit?

Posted by Foker > 2020-04-03 19:31 | Report Abuse

Sell sell sell

Posted by jackson88 > 2020-04-03 21:15 | Report Abuse

Yes, I hope more people will sell. Price is so high now. So difficult to buy now. Been waiting for a few days for Mah Sing to drop below 37sen. Pray more people will sell or force sell.

Posted by ivanlau > 2020-04-03 21:18 | Report Abuse

this is TYXXP stock pick, buy call at 60 cents, now all followers kena cut loss........

Posted by trader808 > 2020-04-03 22:13 | Report Abuse

At its lowest Mahsing was trading at 31sen and with issued capital of 2427m shares the market capital is 752m. Assuming you have this amount of money you can buy the whole company if it is offer for sale.
If you do that this is what you get.

1 Non current asset RM2345m
2 current asset RM4330M of which 1.063b is liquid cash
3 Total liability RM1849M

So just the current asset alone less total liability that is ( RM4330 minus RM1849) is RM2481M. This means after paying off all debts n liabilities there is still a balance of RM2481M. That is equal to 2481 divide by 2427M shares is RM1.02 net value per share.

in addition you get RM2345M or 2.345b of property underdevelopment for free. Basing on this calculation there is value in this counter. However,there is now a property glut with huge unsold units in Malaysia.The property sector is trading under low price environment so it will take sometimes for it to recover.

Posted by ocpd > 2020-04-04 13:58 | Report Abuse

@trader808 what we are seeing now is called "Liquidity crisis", during such all logic and common sense are thrown out of the window. I'm glad I'm flush with liquidity now!

Posted by hairy > 2020-04-06 15:33 | Report Abuse

covid construction stop property development will stop

Posted by hairy > 2020-04-06 15:34 | Report Abuse

bank stop installment for half year bank will tightening hard lending...

Posted by hairy > 2020-04-06 15:35 | Report Abuse

MCO everybody no working bank will not give lending...

Posted by jackson88 > 2020-04-06 17:59 | Report Abuse

I have been waiting for last 10 days to buy at below 38sen. Still no seller. Need another crash

Posted by ahbah > 2020-04-06 18:01 | Report Abuse

Buy when shares are chip !

Posted by jackson88 > 2020-04-06 19:59 | Report Abuse

Maybe I will be forced to by at 40sen tomorrow. Dow Jones almost limit up now

Posted by trader808 > 2020-04-06 21:26 | Report Abuse

There is value in this company. Just the net current assets less total debts is worth 1.02 per share
However, this does not mean it will shoot up to this price. It only means one has found A company that is worthy to invest in because it is selling cheap and there is a huge margin of safety. (102 - 40 )./ 40 = 1.55 or 155%. We do not buy mahsing and expect a helicopter rise or a V shape recovery.
In fact it can have a U shape and perhaps even a L shape and prolonged consolidation.The attractiveness of investing in this company is the downside risk is minimal.

Mahsing is selling below par value now. Usaharta has ceased to be a substantial shareholder.Once it stops selling, the rise in price will be gradual and smooth safe and sure.

Posted by bahai4453 > 2020-04-06 21:39 | Report Abuse

Now broke the 0.40 mark , good sign.

Posted by jackson88 > 2020-04-06 22:29 | Report Abuse

Urusharta still got around 3% ....hope they sell more and sell it cheap. No more chance to buy if price goes up

Posted by prince4 > 2020-04-07 01:39 | Report Abuse

Covid-19 make many of corporate will impact company fundamental will deteriorate. For Example :Past revenue 100 mil ，profit margin 10% earning 10 mil now covid-19 future revenue will reduced nearly 90% or become near zero and followed future earning from profit turn to heavy losses too, past they revenue how big their basic operating cost high will followed financial more heavily losses .If the company with high debt will face collapse or bankruptcy in future.
Large and medium-sized companies can't operate without income, and all of them are returned to them like a startups company，valuation will also fall, and the stock price will also fall
Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out bigcap and midcap stocks so now no prospects cannot buy and hold bigcap and mid cap company.
market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom.
High debt company cannot buy ,high prices stock cannot hold , MARKET NEVER SLEEP MONEY NEVER SLEEP just buy LOW PRICES stock and CASH RICH COMPANY. This is a OPPORTUNITY markets SMART MONEY no longer will FLOWS in cheaper stocks ,market will GORENG lows price stock at BOTTOM.

Posted by jackson88 > 2020-04-08 13:10 | Report Abuse

Can anyone advise whether I should still buy Mah Sing at 46sen?

Posted by patrick8 > 2020-04-08 13:19 | Report Abuse

Jackson, need to look at the general big picture. Oil price, Dow, Covid 19 etc. The prices will follow the trend set by these elements. However, I think Mah Sing has an intrinsit value at least of RM 1.00.
I bought it at RM 0.75 last year. When you posted your huge purchases recently I follow your move and bought more at RM 0.37 and I have to say it's rewarding so far. As for buying more, my personal opinion is it's safe for below RM 0.50. But ultimately, it's your call. Regards.

Posted by alexsee > 2020-04-08 13:36 | Report Abuse

can drop back below 0.4 ah?? seems a bit hard

Posted by trader808 > 2020-04-08 19:19 | Report Abuse

The share price of Mahsing has recovered sharply over the last 12 days. It has moved from 31sen to an intra day high of 46.5sen today. That is an enormous 50% rise. From the technical analysis point of view and basing on the candlesticks graph, we have a inverted hammer today. Graphically, it meant the price opened at 43s and than push down a little to 42s and later followed by massive buying that drove the price up to 46.5sen only to be met with massive selling that eventually forced it downwards to close flat at 43sen with huge volume exceeding 24m shares traded.

Technically speaking, an inverted hammer represents the potential reversal in an uptrend.
As in Mahsing, the strength in the uptrend is now hugely diminished this evening or no longer exist in the immediate term. Today's exceptionally high volume also meant the institutional fund is still selling. Mashing will face a small correction before it resumes its upwards momentum. And more aggressively when the fund decides to stop selling.

Posted by ocpd > 2020-04-08 23:22 | Report Abuse

Yes Mr. Astrology!

Posted by m100_loh > 2020-04-09 13:44 | Report Abuse

should I enter @ 0.44??

Posted by bahai4453 > 2020-04-09 14:05 | Report Abuse

Exit at 45 cent and waiting for below 35 cent

Posted by m100_loh > 2020-04-09 14:42 | Report Abuse

ok. thks

Posted by jackson88 > 2020-04-09 15:13 | Report Abuse

Selling some shares at 45sen just now to change E&O. This counter only 40sen now. Use to be same price.