MAH SING GROUP BHD

KLSE (MYR): MAHSING (8583)

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Last Price

0.605

Today's Change

+0.005 (0.83%)

Day's Change

0.595 - 0.605

Trading Volume

1,336,500

Overview

Market Cap

1,469 Million

NOSH

2,428 Million

Avg Volume (4 weeks)

2,805,244

4 Weeks Range

0.56 - 0.615

4 Weeks Price Volatility (%)

81.82%

52 Weeks Range

0.485 - 0.725

52 Weeks Price Volatility (%)

50.00%

Previous Close

0.605

Open

0.60

Bid

0.60 x 293,700

Ask

0.605 x 419,800

Day's Range

0.595 - 0.605

Trading Volume

1,336,500

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2022 [#3] | 30-Nov-2022

Next QR | Est. Ann. Date

31-Dec-2022 | 28-Feb-2023

T4Q P/E | EY

8.48 | 11.80%

T4Q DY | Payout %

4.38% | 37.13%

T4Q NAPS | P/NAPS

1.45 | 0.42

T4Q NP Margin | ROE

8.29% | 4.92%

Market Buzz
Company Profile

Sector: PROPERTY

Sector: PROPERTY

Subsector: PROPERTY

Subsector: PROPERTY

Description:

Mah Sing Group is a Malaysia-based company that is primarily engaged in three segment: properties, plastics, and investment holding and others. The properties segment, which accounts for the majority of the company's sales, invests in and develops residential, commercial, and industrial properties. The plastics segment manufactures, assembles, and trades various plastic moulded products. The investment holding and others segment is engaged in investment holding operations, provision of property management services, and trading of building materials. Mah Sing Group generates most of its sales from the domestic Malaysian market.

Discussions
9 people like this. Showing 50 of 11,899 comments

EVO118

Mah Sing’s unit served with winding-up petitions.
https://www.theedgemarkets.com/article/mah-sings-unit-served-windingup-petitions

2022-08-03 07:33

singkalin

Down and down and down. How low can you go.

2022-08-10 14:40

EVO118

"Mah Sing Group Bhd has been placed in the Top 10 of Fastest-Growing Malaysian Brands 2022 by brand valuation consultancy Brand Finance. Brand Finance said the property developer jumped 10 spots to record the biggest improvement in brand value, together with healthcare service provider IHH Healthcare Bhd. (NST)"

2022-08-16 16:50

singkalin

Champion in press.
Lowest in price.
Good news, but price reverse.

2022-08-17 12:00

Ahboy96

No eye see this mah sing...

2022-08-17 12:07

angrychong

股价不能反映报纸宣传它是产业界的佼佼者,也许公司面对不可告人的困境

2022-08-19 07:25

MAX8186

Ex date: 15/9
2.65 sen per share. DY 4.5%. Sounds good to me.

2022-08-19 14:47

Nepo

Too bad this co involves in glove making

2022-08-21 07:26

azfar8

Yes Nepo. They enter the new industry at the industry's peak. It's good to deversified when their line has already saturated, but venture into the peak season, it's the one that you have to avoid. at that time we have already top four, together with many other glove companies. There are still ways for them, if they want to be back on track with their old line. Sometimes when we are being too creative, we tend to forget the base. Something still can be done in property sector

2022-08-24 08:51

Snowpiercer

Itchy butt to go into gloves....i guess greed

2022-08-29 17:59

EVO118

"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

EVO118

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

singkalin

Why Mahsing Director never purchase it's own shares.
Not confidence

2022-09-05 15:36

Yu_and_Mee

maybe he need to spend money for other purpose instead of buying back share

2022-09-05 15:44

CHLEONG888

Hot stuff, will continue next couple of days?

2022-09-08 07:33

EVO118

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

EVO118

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

singkalin

Good news but bad price.

2022-09-13 19:19

Jack888

Lower low ... no cure !!

2022-09-26 09:41

rulethemarket

this should be the rock bottom already?

2022-10-11 10:43

cedcan

Go MahSing!

2022-10-19 10:10

pinetree88

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

zhen wei & JP

Buy Call.

2022-10-27 09:47

Ahboy96

stuck at high price... thinking to sell and invest into another counter

2022-10-29 10:03

ITreeinvestor

US stocks end sharply lower as Fed hints at more rate hikes

2 months ago

scn12345678

When ib give buy call, better you sell, when they give sell call, you better buy ha ha

2 months ago

slumdoge

Many buy call, better ignore

2 months ago

James Ng

[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

2 months ago

11wenhao11

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.

2 months ago

11wenhao11

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.

2 months ago

11wenhao11

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.

2 months ago

MAX8186

Today's volume is extraordinary. It signifies something positive.

2 months ago

Superb99

I only see last minutes operator ran away like no tomorrow

2 months ago

mf

Dow Jones

Dow Jones Industrial Average

33,634.45

-218.08

0.64%

2 months ago

CHLEONG888

Extraordinary huge volume, will it breaks 0.63 today????

2 months ago

MAX8186

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+-

1 month ago

Armageddon

Come on ,push it back up to 0.60!!!!

1 month ago

Jonathan Keung

Good qtr result announcement but price still not moving.

1 month ago

Plantermen

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

1 month ago

Jonathan Keung

Buy 56-58 sen mah sing low risk

1 month ago

Jonathan Keung

You won't lose . Worse case scenario lose 5 sen

1 month ago

singkalin

why cannot move up ???
always goes down

1 month ago

davidkkw79

Mahsing no more business in glove ?

1 month ago

newbie9893

All glove counter flying except Mahsing.................... wake up pls....

1 month ago

EVO118

Mah Sing optimistic about property prospects for 2023.
https://www.theedgemarkets.com/node/650265

Same, same story. Just doesn't reflect in the sp.

3 weeks ago

MAX8186

Be patient.

3 weeks ago

winetime

Mahsing slowly getting back on track

2 weeks ago

EVO118

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 weeks ago

singkalin

Why share price no benchmark.
Always goes downhill.

1 week ago

EVO118

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.

5 days ago

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