MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.72

Today's Change

+0.03 (1.78%)

Day's Change

1.67 - 1.74

Trading Volume

11,067,600

Changes
Ann. Date Date Type Name Title View
Discussions
11 people like this. Showing 50 of 12,568 comments

11wenhao11

Mah Sing’s fair value uplifted on Taman Desa project potential

https://themalaysianreserve.com/2024/07/10/mah-sings-fair-value-uplifted-on-taman-desa-project-potential/

2024-07-10 17:58

troy88

Still much room for upside. Worth at least RM2.30

2024-07-11 09:25

icecool

looks like TP rm 2 coming soon

2024-07-11 12:16

Eagle77

Buy SYSTECH to protect your AI/DC ✅

2024-07-12 08:41

11wenhao11

Follow RHB's TP on Mahsing 😁

2024-07-12 17:23

speakup

Down 2¢ = game over?
Apalah

2024-07-17 12:36

11wenhao11

Itu Air Selangor punya problem la, paperplane

2 months ago

11wenhao11

Not dead yet. Just a healthy pullback

2 months ago

11wenhao11

New high today !! Tomorrow Rm2 🚀

2 months ago

fruitcake

holy crap😱😱

2 months ago

fruitcake

a hard push yesterday, today support gone. CAUTION☠

2 months ago

Waem2889

Madness

2 months ago

Michael Kwok

Sell call mahsing 1.86-1.88
The bullish run juat too long without major correction.
31/7/24 11am

2 months ago

gohkimhock

this Michael Kwok so noob. Today is 31/7/24. Later Tan KW will post the i3 stock pick competition results for July 24. Let you guys see his position.

2 months ago

fruitcake

mahsing whats happening

2 months ago

GoToHolland

Weiii...mah sudah kan not sing...wkakakakakkaka

2 months ago

11wenhao11

Healthy correction is fine for me

2 months ago

fruitcake

once broken bye bye already

2 months ago

fruitcake

must sink to test 1.70 monday

2 months ago

Michael Kwok

Dear mr goh
U have a pity 24 follower.wahhh 24 follower.means less helping people.me 280 follower.i dun use ai or any software but mr goh use 3-4 stock market software with 5-8 computer.i use only 1 computer and 1 smart phone.
Somemore mr goh,pity to tease people like tht.in competition and in reality not the same.
Ai and software guided investment,mr goh say he good.Pity people,eventhough u rich.hear u got rm 10-20 million in ur account.why dun u talk,and i learn.last in competition dun means anything.the real thing,i make money.
2/8/24 6.40pm
Posted by gohkimhock > 2 days ago | Report Abuse

this Michael Kwok so noob. Today is 31/7/24. Later Tant the i3 stock pick competition results for July 24. Let you guys see his position.

2 months ago

11wenhao11

It means bye bye or buy buy today, fruitcake ? 😆

2 months ago

Michael Kwok

Duh,u see u see.many say i talk cock when i say sell,sell.or reduce holding.or turn to lalala when i say sell.
5/8/24 9.46pm.

2 months ago

gohkimhock

@MichaelKwok you are making a mockery out of yourself. Which stock never come down on black Monday? Try shorting MahSing if you have balls..

2 months ago

lcng123

Mahsing will strongly come back after a big drop

2 months ago

11wenhao11

Back to RM2 journey

2 months ago

EVO118

Gap closed. Time for a hugh upside!

2 months ago

11wenhao11

Mah Sing has completed the acquisition of the 500-acre M Legasi freehold township in Semenyih and M Legasi is anticipated to have a gross development value (GDV) of RM3.3 billion 💰

https://www.nst.com.my/property/2024/08/1087173/mah-sing-completes-500-acre-semenyih-land-deal

2 months ago

calvintaneng

RISE OF DIESEL PRICE BY 52% CAUSED PROPERTY, CONSTRUCTION AND OTHERS CUT INTO THEIR PROFITS, BETTER BUY EAST MALAYSIA OIL PALM STOCKS DUE TO NO DIESEL PRICE SPIKE, Calvin Tan

https://klse.i3investor.com/web/blog/detail/www.eaglevisioninvest.com/2024-08-16-story-h-154165970-RISE_OF_DIESEL_PRICE_BY_52_CAUSED_PROPERTY_CONSTRUCTION_AND_OTHERS_CUT_

BE CAREFUL

2 months ago

gohkimhock

Palm oil counters? Go fly kite la. Cost of harvesting is almost 3k. Not far from its current market price.

As for properties, it is the best safeguard against inflation.

2 months ago

11wenhao11

OPR is expected to decrease after the Fed cuts interest rates. This is good for property stocks

1 month ago

Kim

RM1.85
RM1.90

Coming

1 month ago

Kim

Sapu before 1.80 later break

1 month ago

Kim

1.82 first.

1 month ago

9trader

shd have good news coming

1 month ago

OldtimerTrader

almost ready

1 month ago

Arun008

why down?

1 month ago

11wenhao11

Mahsing also kena margin call ....?

1 month ago

Unknown404

All property stocks are down today

1 month ago

Arun008

QR result release today?

1 month ago

gohkimhock

PETALING JAYA: Mah Sing Group Bhd has posted a strong eight-month sales performance of RM1.66bil, putting it on track to meet its minimum annual sales target of RM2.5bil.

The property developer said the sales were driven primarily by its M Series, which attracted strong interest from first-time home buyers.

Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said the group remains committed to meeting the evolving needs of the market.

“With plans to further expand our M Series and introduce new offerings, we are well-positioned to continue our upward trajectory and achieve our 2024 objective,” he said in a statement.

He added the group is on track for a strong financial year 2024 (FY24) performance, supported by RM2.43bil in unbilled sales.

The group’s data centre portfolio is expected to further enhance long-term earnings through recurring income and value unlocking opportunities.

For the second quarter ended June 30, 2024 (2Q24), Mah Sing recorded a net profit of RM60.21mil or an earnings per share (EPS) of 2.37 sen.

This was an improvement from the RM50.48mil net profit or EPS of 2.08 sen it registered in 2Q23.

Revenue for the period was however down 10.2% year-on-year to RM578.39mil.

For the cumulative six months of the year (1H24), Mah Sing posted a net profit of RM120.26mil or an EPS of 4.84 sen against earnings of RM100.53mil or an EPS of 4.14 sen in 1H23, while revenue dipped to RM1.14bil from RM1.29bil in 1H23.

Its balance sheet remains healthy with RM911.5mil in cash and bank balances and investment in short-term funds, as well as a low net gearing of 0.10 times as at end-June 2024.

Mah Sing has secured land with nearly RM10bil in new gross development value, ensuring sustainable earnings visibility.

It has fresh cash flow of about RM500mil, which is periodically generated from vacant possessions.

1 month ago

JJPTR

better get out , property stocks, huge tsunami is coming.

1 week ago

JJPTR

Mahsing shows a similar pattern as PERTAMA chart
There was a suddeng plunge 2 months ago from 1.95 to 1.46
Now preparing for phase 2 of down leg...

6 days ago

minichart

Mah Sing’s manufacturing segment is gaining momentum, with an ongoing expansion of its plastic business. Recently, the company entered a joint venture with its long-term Indonesian partner, PT Gaya, to increase the production and trading of plastic pallets, containers, and other handling and storage solutions. This joint venture is expected to increase Mah Sing’s manufacturing capacity by 10%, starting in October 2024.

With continued expansion plans, including new ventures in Thailand, Mah Sing is targeting further growth for its plastic manufacturing business, which may pave the way for a potential initial public offering (IPO) within the next three years. The Indonesian expansion alone is projected to drive a 10% increase in revenue for the plastic segment, unlocking additional value for shareholders and enhancing the company’s profitability.

https://www.minichart.com.sg/2024/10/09/mah-sing-group-expanding-growth-through-data-centers-manufacturing-and-property-development/

5 days ago

11wenhao11

Why compared Mahsing with Pertama...? Getting traumatized by it ? 😗

5 days ago

yeinemesis

Should compare Mahsing with other property counters. Not with IT Techs.

4 days ago

turbochart

Parlimen banjir. Another non working but free salary day🤔

7 hours ago

turbochart

Tomorrow debate banjir, another free salary day. Total 2 free salary day

6 hours ago

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