MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

1.65

Today's Change

-0.02 (1.20%)

Day's Change

1.63 - 1.68

Trading Volume

3,105,100

Changes
Ann. Date Date Type Name Title View
Discussions
11 people like this. Showing 50 of 12,561 comments

ChloeTai

I have seen gohkimhock No 2 position in I3 Stock Pick Contest 2024. Most gain from KGB-WB and MahSing. MahSing is a strong fundamental stock. I have bought my first batch of MahSing stocks at 1.78/1.79. Still got 4 more batches to buy at appropriate time and price.

2 months ago

ChloeTai

MahSing has successfully secured the 500MW power supply from TNB for its 20% Joint Venture with BridgeData Centre of 150 acre Data Centre in Southville City in Selangor.

2 months ago

ChloeTai

Things are moving. The Data Centre is not empty talk.

2 months ago

11wenhao11

Data center is a current trend, of course it is not an empty talk

2 months ago

ChloeTai

Now: RM1.79

Target prices:
RHB: RM2.26
Aminvest: RM2.09
TA Research: RM2.05
MIDF: RM1.94
Kenanga: RM1.87


2 months ago

speakup

45 minit to go...........ARE YOU READY FOR CASINO DE BURSA????
Get ready to BET!
Bet small, win small
Bet Big, win Big!
Ini kalilahhhhhh! All in!

2 months ago

11wenhao11

Wah, majority of IBs raise Mahsing's target price

2 months ago

troy88

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

2 months ago

icecool

looks like TP rm 2 coming soon

2 months ago

Eagle77

Buy SYSTECH to protect your AI/DC ✅

2 months ago

11wenhao11

Follow RHB's TP on Mahsing 😁

2 months ago

speakup

Down 2¢ = game over?
Apalah

2 months ago

11wenhao11

Itu Air Selangor punya problem la, paperplane

2 months ago

11wenhao11

Not dead yet. Just a healthy pullback

1 month ago

11wenhao11

New high today !! Tomorrow Rm2 🚀

1 month ago

fruitcake

holy crap😱😱

1 month ago

fruitcake

a hard push yesterday, today support gone. CAUTION☠

1 month ago

Waem2889

Madness

1 month ago

Michael Kwok

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

1 month 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.

1 month ago

fruitcake

mahsing whats happening

1 month ago

GoToHolland

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

1 month ago

11wenhao11

Healthy correction is fine for me

1 month ago

fruitcake

once broken bye bye already

1 month ago

fruitcake

must sink to test 1.70 monday

1 month 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.

1 month ago

11wenhao11

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

1 month 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.

1 month 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..

1 month ago

lcng123

Mahsing will strongly come back after a big drop

1 month ago

11wenhao11

Back to RM2 journey

1 month ago

EVO118

Gap closed. Time for a hugh upside!

1 month 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

1 month 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

1 month 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.

1 month 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

3 weeks ago

Kim

Sapu before 1.80 later break

3 weeks ago

Kim

1.82 first.

3 weeks ago

9trader

shd have good news coming

3 weeks ago

OldtimerTrader

almost ready

3 weeks ago

Arun008

why down?

3 weeks ago

11wenhao11

Mahsing also kena margin call ....?

3 weeks ago

Unknown404

All property stocks are down today

3 weeks ago

Arun008

QR result release today?

2 weeks 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.

2 weeks ago

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