MAH SING GROUP BHD
KLSE (MYR): MAHSING (8583)
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Last Price
0.585
Today's Change
-0.005 (0.85%)
Day's Change
0.585 - 0.59
Trading Volume
930,200
Entitlement
Upcoming
Happening
| Ann. Date | Ex Date | Type | Subject | Amount |
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Discussions
9 people like this. Showing 50 of 11,908 comments
"Its manufacturing segment, however, posted an operating loss of RM8.99 million as compared to an operating profit of RM6.13 million previously, despite revenue rising 19.52% to RM214.05 million from RM179.09 million, mainly due to lower absorption of overheads due to low production volume at its glove plant. "Barring unforeseen circumstances, the group expects plant efficiency and performance to improve as production volume ramps up,” it said."
https://www.theedgemarkets.com/article/mah-sings-2q-profit-strengthens-achieving-highest-quarterly-halfyear-sales-2017
That is a hell of alot of loss profit (from profit to loss) from gloves that the rest of the segment of business have to cover.
2022-08-30 06:33
Mah Sing's Erica Phase 3 at Meridin East fully taken up.
https://www.theedgemarkets.com/article/mah-sings-erica-phase-3-meridin-east-fully-taken
2022-09-02 15:16
maybe he need to spend money for other purpose instead of buying back share
2022-09-05 15:44
Malaysia Vs. China, Who Will Win The Glove Race?
https://klse.i3investor.com/web/blog/detail/bfm_podcast/2022-09-05-story-h1628908105-Malaysia_Vs_China_Who_Will_Win_The_Glove_Race
I am sure most of you have listern to this. Fair comment about a property company diversifying into gloves. Guess who? MHO they should sell it off like selling their properties, except it is ready made to go with the property for added value.
2022-09-08 09:06
Technical indicators are encouraging for Mah Sing, says Apex Securities.
https://www.theedgemarkets.com/article/technical-indicators-are-encouraging-mah-sing-says-apex-securities
2022-09-08 09:38
Mah sing also have gloves biz but so far not rally with the glove gang yet. Got in 0.52 today think his turn will come v soon.
2022-10-19 10:23
When ib give buy call, better you sell, when they give sell call, you better buy ha ha
2022-11-14 15:45
[转贴] [Video:浅谈MAH SING GROUP BERHAD, MAHSING, 8583] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-11-17-story-h1652052115
2022-11-17 21:48
Mah Sing Bhd recorded a 32% increase in property sales in the nine months to Sept 30, 2022, which shored up the property developer's revenue and bottomline for the period.
In a statement, the group said its property sales of RM1.69bil, compared with RM1.28bil in the same period las year, was mainly owing to new launches and ongoing projects under its M Series affordable development.
"The strategic focus on M Series affordable developments in recent years has positioned the group well to capture the resilient first-home buyers' market.
2022-11-30 17:16
For the nine months period, Mah Sing posted a net profit of RM133.27mil, up from RM120.85mil in the same period in 2021. Earnings per share was 4.57 sen versus 3.86 sen in 9MFY21.
Revenue rose to RM1.65bil as compared with RM1.22bil in the comparative period.
By segment, the property development business recorded an operating profit of RM247.5mil on the back of revenue of RM1.3bil, which represented increases of 30.8% and 41.3% year-on-year respectively.
2022-11-30 17:16
On future plans, Leong said the group plans to launch M Astra in Setapak by 4Q22, while our upcoming developments to be launched include M Nova in Kepong, Phase 3 of M Senyum in Salak Tinggi, Phase 1B of M Panora in Rawang and Meridin East (Jasmine and Erica West) in Johor Bahru.
"We believe now is still a good time for first-time homebuyers to purchase as buying property is the best hedge against inflation and out products are mainly for customers who are buying for own stay," he added.
The group's balance sheet improved with net gearing at a new low of 0.27 times as at Sept 30, 2022.
Mah Sing has a remaining landbank of 1,916.73 acres with a remaining gross development value of RM21.12bil.
2022-11-30 17:16
First TP achieved. Next, 0.635. Insyallah, it can break this level. With business getting better and back to normal, a dividend of 4 to 6 sen is possible. It should be back to 2018 prices, ie RM1.10+-
2022-12-03 09:29
Active new launches, capexp under Mah Sing group, low capital gearing & profitable but the biggest question. Why price still stuck at this price range { 56 - 60} aren't any IB covering or acquiring Mah Sing shares
2022-12-20 16:15
All glove counter flying except Mahsing.................... wake up pls....
2022-12-23 10:16
Mah Sing optimistic about property prospects for 2023.
https://www.theedgemarkets.com/node/650265
Same, same story. Just doesn't reflect in the sp.
2 months ago
Mah Sing Ends 2022 with top accolades, sets higher benchmark for 2023 with minimum RM2.2 billion sales target and hunts for more lands.
https://www.theedgemarkets.com/content/advertise/mah-sing-ends-2022-with-top-accolades-sets-higher-benchmark-for-2023
Just need to walk the talk. Just start showing in the selling price. 0.575 is not helping.
2 months ago
Exactly, is this going to ever take off past 0.60? Another $5M loss on the 3rd qtr from their glove experiment. Glove venture has been down from day 1, costing a fortune. When is that ever going to turnaround. Maybe sell the whole lot including the buiding as a package.
2 months ago
[转贴] [Video:浅谈MAH SING GROUP BERHAD, MAHSING, 8583] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2023-03-02-story-h-296558365
3 weeks ago
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Snowpiercer
Itchy butt to go into gloves....i guess greed
2022-08-29 17:59