MAH SING GROUP BHD
KLSE (MYR): MAHSING (8583)
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Last Price
0.78
Today's Change
-0.02 (2.50%)
Day's Change
0.775 - 0.81
Trading Volume
4,955,300
Overview
Market Cap
1,894 Million
NOSH
2,428 Million
Avg Volume (4 weeks)
3,573,921
4 Weeks Range
0.775 - 0.875
4 Weeks Price Volatility (%)
5.00%
52 Weeks Range
0.55 - 0.92
52 Weeks Price Volatility (%)
62.16%
Previous Close
0.78
Open
0.81
Bid
0.78 x 308,300
Ask
0.785 x 171,600
Day's Range
0.775 - 0.81
Trading Volume
4,955,300
Financial Highlight
Latest Quarter | Ann. Date
30-Sep-2023 [#3] | 29-Nov-2023
Next QR | Est. Ann. Date
31-Dec-2023 | 28-Feb-2024
T4Q P/E | EY
9.60 | 10.42%
T4Q DY | Payout %
3.85% | 36.91%
T4Q NAPS | P/NAPS
1.50 | 0.52
T4Q NP Margin | ROE
7.94% | 5.42%
Market Buzz
2023-12-01
2023-11-30
2023-11-30
2023-11-30
2023-11-30
2023-11-30
2023-11-30
2023-11-29
2023-11-29
News and Blogs
Company Profile
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
11 people like this. Showing 50 of 12,156 comments
I entered even higher price than 1.10 and have been averaging down since then. Till now, it has proven to be the right decision!
1 month ago
Posted by singkalin > 9 minutes ago | Report Abuse
I enter @ 1.00 when GOOD NEWS on glove venture.
Even with dividend, I cant break even.
You know what I want.
Singkalin, when will u considers selling?
1 month ago
Quote: "Perfectinvestor > 30 minutes ago | Report Abuse
I entered even higher price than 1.10 and have been averaging down since then. Till now, it has proven to be the right decision!"
U really live up to Ur name - perfect investor. Very good
1 month ago
Country Garden largest China property developer has missed it's final deadline { 30 days grace period} ~on a dollar interest payment denominated on off shore bonds. This may have an spill over effects on our property counters. Malaysia have significant China developers projects and sentiment will be dampened on both buyer's and developers interest
1 month ago
Cheap - I'll just start to collect bit by bit. Like the previous round.....by 0.80 I had collected so many tickets that the recent dividend alone I received over RM30k. With a handsoem 6digit profit$ when it went above 0.90.
1 month ago
No doubt Mahsing was a good and reliable property developer lorr. Better management than UEMS
1 month ago
@trader808 where are you? Please come and defend this stock with your analysis. I am stuck here
1 month ago
1.Fundamentally, Mahsing has been widely researched and analysed and strongly recommended stock by several investment banks. There is nothing much anyone could add to improve on the content material, quality and value of the research. It is all up to any individual to study and exploit the contents,act on it and in the process benefit and profit from it.
2. Sadly, it does not necessarily happens in this way. Some waited to long to buy when the price has gone up too much and too fast. Others are too greedy and waited too long and too slow to sell and eventually got stuck in a diminishing return or loss position.
3.Technically, Mahsing had an impressive and spectacular rise from 58 sen in July to reach a new height of 92sen in early Oct and then fell from its peak to close at 77.5 sen last Friday.
4. In a short span of time the share price has gone up [92- 58] / 58 = 59% Considering that the bank FD only pays 4% interest, therefore, 59% in 3 months is absurdly incredible.
5. No share can go up indefinitely. At some point in time it will retract. Hence, if you fail to square off the position and realize the gain on raising price, you have to suffer the consequences.
6.In the studies of securities analysis, it teaches you to take advantage and benefit from the knowledge and implication to liquidate and take profit on first reversal day according to the candlesticks chart.
7.What Is a Reversal? A reversal is a change in the price direction of an asset. A reversal can occur to the upside or downside. Following an uptrend, a reversal would be to the downside. Following a downtrend, a reversal would be to the upside.
8. I am not too enthusiastic to dwell into these details here. I have taken advantage and benefited from the knowledge and implication of first day reversal.
9. However, if you are stuck with Mahsing yet, all is not lost. while you may be disheartened, miserable and somewhat lost,perhaps knowing that Mahsing is widely researched and analysed with many IB having strong buy calls and that Mashing possessed all the valuable ingredients of a long term value investing stock should provide some warmth and comfort.
10. Looking at the candlesticks chart technically,Mahsing seem to take the pattern of a SHS top formation. The neckline is at 76sen and it is a strong support. If it is true, then price could advance up to 83 sen or higher to form the right shoulder in the immediate term. Hence, those without position could take a chance and those who are holding a loss position could add some risk and cost averaging.
10. I am not an expert.Because you ask, I analyse for fun. So, take it with a pinch of salt.
Happy trading
22/10/23
1 month ago
*Fundamental Report(s):*
*Mah Sing Group* - Offering the right products (Maintain Add with a higher TP of RM1.10) https://bit.ly/471lBOt
1 month ago
Chart already said "KAPUTTT!" since last week when I SOLD my last shares @ 78.5c
1 month ago
Mahsing has established itself as a quality developer. It has also a strong balance sheet.
1 month ago
Chart wise.Mah sing taking a breather. China's property woes & downturn have a ripple effect on our local sentiment. Mah sing price have shoot up from 70+ to a high of 90 sen. A retracement of 10-12 sen is normal. Good support at 80 sen
1 month ago
One of the good catalyst: Mah Sing on track to achieve 2023 property sales target of RM2.2 billion
https://theedgemalaysia.com/node/687198
1 month ago
come down a bit more first before shoot up again let those exiter make a come back leh...
3 weeks ago
It will hang around at 0.84 there before its q3 is out this month end I think..
2 weeks ago
All media showing Mahsing to be bullish.
But in actual facts, its all bullshit.
Price kept going to Holland,
Why ??????
2 weeks ago
Investors lost patience and trust with this one. Towards end of Covid Pandemic, they ventured into Gloves factory and manufacturing.....how did that turn out to be??...Any fool could tell you the correct answer.
Property sector not in favour for next decade.
2 weeks ago
China property woes have a ripple effect on our developers. Bank financing and margins on projects may be subject to more scrutiny.
2 weeks ago
https://edition.cnn.com/2023/11/23/business/zhongzhi-enterprise-group-china-insolvent-hnk-intl/index.html the ripple waves will shore up on our coasts😱
6 days ago
dont forget mahsing venture into glove business, now glove sector start turnaround and make money. with this mahsing will achieve better profit in coming QR.
2 days ago
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