MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.77

Today's Change

-0.07 (3.80%)

Day's Change

1.77 - 1.85

Trading Volume

6,721,300


11 people like this.

12,572 comment(s). Last comment by gohkimhock 3 days ago

RainT

8,448 posts

Posted by RainT > 2020-06-01 09:30 | Report Abuse

wow magic

profit of MAHSING drop 45%

and last few quarters also continue drop

but share price today after bad result out can up 9%, MAGIC

aloha

267 posts

Posted by aloha > 2020-06-01 09:33 | Report Abuse

just buy

ocpd

762 posts

Posted by ocpd > 2020-06-01 09:38 | Report Abuse

Mahsing profit 1/2 Carlsberg, so by right market cap also should be half right?

@RainT are you one of the sohai?

RainT

8,448 posts

Posted by RainT > 2020-06-01 09:38 | Report Abuse

buy at 50 sen?

RainT

8,448 posts

Posted by RainT > 2020-06-01 09:38 | Report Abuse

now this MAHSING up is due to HOC come back possibility?

alexsee

1,349 posts

Posted by alexsee > 2020-06-01 09:38 | Report Abuse

almost cleared all my stock at 0.505.. see u below 0.45 again if possible, bye

ocpd

762 posts

Posted by ocpd > 2020-06-01 09:49 | Report Abuse

Yes papa got lots of cash, just like papa helped support mahsing when sohai got margin call at 0.30. If need money can sell to papa at 0.50 too.

ocpd

762 posts

Posted by ocpd > 2020-06-01 09:50 | Report Abuse

Papa got cash from US fed, so cash is unlimited, no worries.

ocpd

762 posts

Posted by ocpd > 2020-06-01 09:51 | Report Abuse

Papa even provides cash when EPF needs to sell haha

CHLEONG888

924 posts

Posted by CHLEONG888 > 2020-06-01 10:07 | Report Abuse

Strong fundamental company, hopefully will keep this strong momentum

Lee_CK

236 posts

Posted by Lee_CK > 2020-06-01 11:17 | Report Abuse

The sudden raise of MahSing, ECOWLD and SP Setia on last Friday (1pm-4pm)is a trap.
The Urusharta Jamaah Sdn. Bhd. and Kumpulan Wang Persaraan sold the total of 98,870,515 unit share or involved 82.5% of trading volume on 29 May 2020.
Urusharta Jamaah Sdn. Bhd. are reduced their share holding from 5.34% to 1.37%, Kumpulan Wang Persaraan reduced their share holding from 4.69% to 4.59%. IT IS A TRAP. YOU MAY SURVEY BY YOURSELF FROM THE FOLLOWING LINK.
https://www.marketscreener.com/MAH-SING-GROUP-6492426/company/

ocpd

762 posts

Posted by ocpd > 2020-06-01 11:30 | Report Abuse

Don’t post old news here lah

ocpd

762 posts

Posted by ocpd > 2020-06-01 11:32 | Report Abuse

How come my name not in the link yet?

James Ng

2,704 posts

Posted by James Ng > 2020-06-01 12:47 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-06-01-story-h1507949980.jsp
[转贴] [MAH SING GROUP BHD:房地产开发部门本季度收入和利润下降,这主要是由于农历新年喜庆期间传统上需求疲软以及行动控制令(MCO)导致的建设进度推迟] - James的股票投资James Share Investing

abang_misai

2,556 posts

Posted by abang_misai > 2020-06-01 14:16 | Report Abuse

They sell, we buy lah. We buy at low side. What is your problem?


Lee_CK The sudden raise of MahSing, ECOWLD and SP Setia on last Friday (1pm-4pm)is a trap.
The Urusharta Jamaah Sdn. Bhd. and Kumpulan Wang Persaraan sold the total of 98,870,515 unit share or involved 82.5% of trading volume on 29 May 2020.
Urusharta Jamaah Sdn. Bhd. are reduced their share holding from 5.34% to 1.37%, Kumpulan Wang Persaraan reduced their share holding from 4.69% to 4.59%. IT IS A TRAP. YOU MAY SURVEY BY YOURSELF FROM THE FOLLOWING LINK.
https://www.marketscreener.com/MAH-SING-GROUP-6492426/company/
01/06/2020 11:17 AM

Lee_CK

236 posts

Posted by Lee_CK > 2020-06-01 15:28 | Report Abuse

The main shareholder Urusharta Jamaah Sdn. Bhd. already completed their task for the sold of their share units 98,870,515 (Left over 1
37% share). That is why until now (3.22pm) the trade volume only 35426800 as compare to huge trade volume at last Friday of 119909400 units.
No more supply for the sharp increase of share price as other 10 Top Mah Sing shareholder did not involve in share trading. Only small shareholders like us is trading. JUDGE YOURSELF, THE TREND OF THE MAHSING SHARE FOR THE FOLLOWING NEXT DAYS.

Lee_CK

236 posts

Posted by Lee_CK > 2020-06-01 15:35 | Report Abuse

I deeply understand the feeling of worry like Mr Goh to buy the share price at RM0.52. Now is the time to run away from the trap as other persons (not in this group) did not award of it.

ocpd

762 posts

Posted by ocpd > 2020-06-01 15:39 | Report Abuse

No worries, papa’s name will show up in top 30 shareholder in next report. Papa has US fed printing press as backer.

Lee_CK

236 posts

Posted by Lee_CK > 2020-06-01 15:40 | Report Abuse

Hahahha....You will.

bahai4453

2,297 posts

Posted by bahai4453 > 2020-06-01 19:56 | Report Abuse

Urusharta Jamaah Sdn. Bhd ? If they are good and not bias, our country don end up in heavy debts. Better they disappear now.

bahai4453

2,297 posts

Posted by bahai4453 > 2020-06-01 20:00 | Report Abuse

If I'm not mistaken, they take over from tabung haji who is having debts of about over billions of ringgit.

abang_misai

2,556 posts

Posted by abang_misai > 2020-06-01 20:22 | Report Abuse

Haha. Very true. If your buy and sell follow EPF or Tabong Haji, you will be losing money year after year:

abang_misai

2,556 posts

Posted by abang_misai > 2020-06-01 20:22 | Report Abuse

They are selling aggressively. It’s time to do the opposite aggressively.

james70

327 posts

Posted by james70 > 2020-06-01 20:53 | Report Abuse

They have been throwing the baby out together with the bathwater. Not sure who is vetting their investment decisions. But I am thankful to Urusharta for these opportunities to buy in cheap :oD

aloha

267 posts

Posted by aloha > 2020-06-02 15:09 | Report Abuse

mahsing coming

aloha

267 posts

Posted by aloha > 2020-06-02 15:16 | Report Abuse

buy opportunity before reach 59 cents

Mel2learn

146 posts

Posted by Mel2learn > 2020-06-02 15:34 | Report Abuse

sure not the technicals show long tail. im a bit worried....

jackson88

412 posts

Posted by jackson88 > 2020-06-02 17:47 | Report Abuse

Quite worry now on this counter ....will try to sell at the next rally and change to other property counter. Most property counter are down by 3% to 5% today except for Mah Sing.
Will try to switch to E&O tomorrow ....counter now only 42 sen. Use to be same price as Mah Sing

alexsee

1,349 posts

Posted by alexsee > 2020-06-02 19:58 | Report Abuse

today mahsing still strong compared to ecoworld, i think is because of the dividend payout.. many fund e.g kwsp holding Mahsing for dividend..

Sarara

165 posts

Posted by Sarara > 2020-06-02 23:40 | Report Abuse

Just get news from fren work for bank management, banks nw close tap for property loan aldy. OMG.....property counter sure drop a lot this time.....

JayC88

898 posts

Posted by JayC88 > 2020-06-03 00:01 | Report Abuse

Just read newspaper in fren house, now cannot fly and travel here and there. OMG... O

CHLEONG888

924 posts

Posted by CHLEONG888 > 2020-06-03 09:02 | Report Abuse

Do not think bank will close tap for property loan, may be more prudent only, bank also need to survive

jackson88

412 posts

Posted by jackson88 > 2020-06-03 09:39 | Report Abuse

Just sold Mah Sing at 51sen to change and convert to E&O at 42.5sen. Both of this counter use to be about same price 3 weeks. No sure why such a big gap now.

laychee

1,743 posts

Posted by laychee > 2020-06-03 09:43 | Report Abuse

Now it all depends on pengoreng. What news they want to use to goreng.

ocpd

762 posts

Posted by ocpd > 2020-06-03 09:46 | Report Abuse

jackson88 you informed us you sold at 43 sen, now you sold at 51 sen again? So what are you? Day trader? No need to update us your day trading activity boy.

alexsee

1,349 posts

Posted by alexsee > 2020-06-03 09:52 | Report Abuse

mahsing still strong support at 0.5 with 7% dividend (uncle and aunties, this is much better u put your retirement fund at FD) .. next target 0.56.. holding.. buy sell at own risk

jackson88

412 posts

Posted by jackson88 > 2020-06-03 10:06 | Report Abuse

OCPD, I bought around 30000 lots lot at around 31sen and 33sen last time. I sold half at 43 to 45sen to change to LC Titan at RM1.75. Selling the remaining balance today to change to E&O.

jackson88

412 posts

Posted by jackson88 > 2020-06-03 10:07 | Report Abuse

I’m not day trader BUT changing my counters when it goes up. Better than waiting it to go down

jackson88

412 posts

Posted by jackson88 > 2020-06-03 10:08 | Report Abuse

Alexsee, dividend only Ex-date on 15 September

ocpd

762 posts

Posted by ocpd > 2020-06-03 10:17 | Report Abuse

Ok so now you don’t hold anymore mahsing right? Don’t next week inform us you sold at 65 sen suddenly.

ocpd

762 posts

Posted by ocpd > 2020-06-03 10:23 | Report Abuse

Operators are starting to shift their gains from gloves counters to solid property counters for parking while drunk uncle sam prints dollars in infinity.

jackson88

412 posts

Posted by jackson88 > 2020-06-03 10:26 | Report Abuse

OCPD, I still have 8,000 lots. Still trying to change to E&O. Placed order but no sellers at my price.

jackson88

412 posts

Posted by jackson88 > 2020-06-03 10:28 | Report Abuse

OCPD, u r right. The stockbroking firms already place a price limit for margin accounts for these glove and COVID-19 stock. This is what my broker told me this morning

Posted by Snowpiercer > 2020-06-03 12:20 | Report Abuse

Any view on switching from Ecoworld to Mah Sing?

bahai4453

2,297 posts

Posted by bahai4453 > 2020-06-03 13:21 | Report Abuse

parkson is losing money but parkson china is expanding ?

bahai4453

2,297 posts

Posted by bahai4453 > 2020-06-03 13:49 | Report Abuse

The Group will also continue lookout for prime lands in the Klang Valley area as it announces a healthy balance sheet with cash and bank balances of approximately RM1.05billion for the quarter ended 31 March 2020.

Mah Sing’s Founder and Group Managing Director, Tan Sri Dato’ Sri Leong Hoy Kum said, “We have been proactively introducing various digitalisation initiatives across all aspects of our business such as sales, project, customer service; and upskilling our staff through company-wide, nation-wide retraining and roll-out of Microsoft Teams.”

bahai4453

2,297 posts

Posted by bahai4453 > 2020-06-03 13:50 | Report Abuse

said Tan Sri Dato’ Sri Leong Hoy Kum.

In addition, Mah Sing will maintain selective balance sheet expansion by focusing on strategic land banks which are suitable for affordable products in Greater Kuala Lumpur, Klang Valley and Johor.

jackson88

412 posts

Posted by jackson88 > 2020-06-03 17:15 | Report Abuse

OCPD, I just manage to sell all my Mah Sing 8,000lots at 53sen and convert all to E&O at 42.5sen. Both use to be the same price last month. Anyway, you won’t hear me selling Mah Sing. Will buy back when both E&O and Mah Sing about same price.

jackson88

412 posts

Posted by jackson88 > 2020-06-03 17:16 | Report Abuse

Hopefully, price will be the same before September dividend. E&O will also announce 3sen dividend in July.

alivetoinvest

1,247 posts

Posted by alivetoinvest > 2020-06-03 17:18 | Report Abuse

If MahSing goes to RM 1

Mahsing C-22 should be about 30 cents which is a 10x return from current price.
With expiry of 180 days.. long way to go.

Good deal

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