MAHSING Share Price Movement

Share Price	Change	Share Volume
1.030	0.050 (+5.10%)	738,730

Open: 0.975	Day Range: 0.975 - 1.060	Prev Close: 0.980

Market Date: 27 Oct 2020

Share Trade Detail
Share Trade Value (RM)	75,607,512
Share VWAP (RM)	1.023
4 Weeks Price Range	0.630 - 1.470
4 Weeks Share Change (%)	+41.10
Share Avg Volume (4 Weeks)	1,224,196
1 Year Price Range	0.272 - 1.470
1 Year Share Change (%)	+45.89
Share Avg Volume (1 Year)	198,142

MAHSING Financial Information

Market Capital (RM)

: 2.501b

Number of Share

: 2.428b

EPS (cent)

: 5.78 *

P/E Ratio

: 17.82

ROE (%)

: 4.13

TTM Profit Margin (%)

: 9.2

CAGR - Revenue (%)

: -

CAGR - PAT (%)

: -

Business+

: 0

YoY Score

: 0

QoQ Score

: 0

Dividend (cent)

: 3.350 ^

Dividend Yield (%)

: 3.25

Dividend Policy (%)

: 0

NTA (RM)

: 1.400

P/B Ratio

: 0.74

* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
^ Total dividend amount declared for financial year ended 2019-12-31.

MAHSING Financial Highlights

MAHSING Quarter Report History

Date

Financial
Year

Quarter

Revenue
(RM,000)

PBT (RM,000)

Net Profit
(RM,000)

EPS (Cent)

Div
(Cent)

NTA
(RM)

QoQ
(%)

YoY
(%)

28 Aug 20

31 Dec 20

Q2 Jun 20

298,623

22,447

15,187

-0.50

0.00

1.400

Malaysia Stock - KLSE Quarter Report History

49%

70%

29 May 20

31 Dec 20

Q1 Mar 20

371,127

43,134

30,070

0.48

0.00

1.440

33%

45%

28 Feb 20

31 Dec 19

Q4 Dec 19

442,640

58,292

44,987

0.73

3.35

1.440

10%

32%

27 Nov 19

31 Dec 19

Q3 Sep 19

415,474

69,942

50,015

1.29

0.00

1.430

22%

30 Aug 19

31 Dec 19

Q2 Jun 19

481,246

68,036

50,319

0.96

0.00

1.420

35%

30 May 19

31 Dec 19

Q1 Mar 19

450,333

73,949

55,013

1.51

0.00

1.450

17%

14%

27 Feb 19

31 Dec 18

Q4 Dec 18

514,647

84,080

66,017

1.79

4.50

1.440

26%

16 Nov 18

31 Dec 18

Q3 Sep 18

504,256

81,300

64,233

1.89

0.00

1.420

17%

30%

30 Aug 18

31 Dec 18

Q2 Jun 18

589,275

96,089

77,132

2.26

0.00

1.400

20%

15%

31 May 18

31 Dec 18

Q1 Mar 18

584,755

86,141

64,200

1.89

0.00

1.440

28%

29%

28 Feb 18

31 Dec 17

Q4 Dec 17

760,842

113,110

88,775

2.74

6.50

1.420

29 Nov 17

31 Dec 17

Q3 Sep 17

704,264

118,632

92,309

3.07

0.00

1.400

Revenue - Record-high quarterly revenue

Net Profit - Record-high quarterly profit after tax

MAHSING Dividend Chart

MAHSING Dividend History

Date	Financial Year	Ex-Date	Entitlement Date	Payment Date	Entitlement Type	Dividend (Cent)
28 May 2020	31 Dec 2019	15 Sep 2020	17 Sep 2020	29 Sep 2020	First and Final Dividend	3.3500
29 Apr 2019	31 Dec 2018	11 Sep 2019	12 Sep 2019	25 Sep 2019	Final Dividend	4.5000
27 Apr 2018	31 Dec 2017	12 Sep 2018	14 Sep 2018	27 Sep 2018	First and Final Dividend	6.5000
02 Sep 2017	31 Dec 2016	29 Aug 2017	05 Sep 2017	14 Sep 2017	First and Final Dividend	6.5000
28 Apr 2016	31 Dec 2015	30 Aug 2016	02 Sep 2016	15 Sep 2016	First and Final Dividend	6.5000
25 May 2015	31 Dec 2014	02 Sep 2015	04 Sep 2015	17 Sep 2015	First and Final Dividend	6.5000
02 Jun 2014	31 Dec 2013	10 Sep 2014	12 Sep 2014	25 Sep 2014	First and Final Dividend	8.0000
31 May 2013	31 Dec 2012	05 Sep 2013	09 Sep 2013	20 Sep 2013	First and Final Dividend	7.6000
04 Jun 2012	31 Dec 2011	11 Sep 2012	13 Sep 2012	26 Sep 2012	First and Final Dividend	11.0000
06 Jun 2011	31 Dec 2010	13 Sep 2011	15 Sep 2011	28 Sep 2011	First and Final Dividend	7.6000

MAHSING Bonus/Right Issue History

Date	Ex-Date	Entitlement Date	Transfer Date	Type	Ratio	Right Issue Price
27 May 2015	08 Jun 2015	10 Jun 2015	10 Jun 2015	Bonus Issue	1 : 4	0.000
12 Jan 2015	22 Jan 2015	26 Jan 2015	26 Jan 2015	Rights Issue	3 : 10	1.420
19 Jun 2013	04 Jul 2013	08 Jul 2013	08 Jul 2013	Bonus Issue	1 : 5	0.000
07 Feb 2013	21 Feb 2013	25 Feb 2013	25 Feb 2013	Rights Issue	1 : 3	1.420
24 Mar 2010	05 Apr 2010	07 Apr 2010	07 Apr 2010	Bonus Issue	1 : 5	0.000

Latest Comments


MAHSING (8583) : MAH SING GROUP BERHAD
airasia Posts: 46 Joined: Dec 2011 Male, MYS	02 Mar 2012, 01:10 AMPost #1
	Quantum Leaping - Turning House building on par to McD ? The company is excuting real fast turnaround with massive on going projects while eyeing more land acquisitions after the recent Rawang2. On going projects under current year are: Aman Perdana, Meru-Shah Alam Southgate Commercial Centre, KL StarParc Point, Setapak Hijauan Residence, Cheras Kemuning Residence, Shah Alam Residence @ Southbay, Penang Legenda @ Southbay, Penang Southbay City, Penang Icon Residence, Mont Kiara One Legenda, Cheras Bayu Sekamat, Hulu Langat Garden Residence, Cyberjaya iParc, Bukit Jelutong Perdana Residence 2, Selayang Icon City, Petaling Jaya^ Icon Residence, Georgetown iParc 2 @ Shah Alam Garden Plaza M Suites @ Jalan Ampang Kinrara (13 acres) Kinrara Residence iParc 3 Star Avenue Garden Residence 2, Cyberjaya M City Ferringhi Residence @ Penang Mah Sing i-Parc, Iskandar Malaysia
CNY2012 Posts: 107 Joined: Dec 2011 Female, MYS	02 Mar 2012, 05:02 PMPost #2
	11 cents dividend coming.
ILoveDividend Posts: 516 Joined: Dec 2011 Male, MYS	28 May 2012, 01:05 PMPost #3
	Woh.. Fantastic result.
caven Posts: 25 Joined: Jan 2013 Male, MYS	22 Mar 2013, 11:16 AMPost #4
	support support....i want join this counter
archer Posts: 4 Joined: Jun 2013 Male, MYS	12 Jun 2013, 02:23 PMPost #5
	This counter is moving again?
Mike Posts: 84 Joined: Dec 2011 Male, MYS	12 Jun 2013, 04:26 PMPost #6
	Be patient,the answer is YES.
shorterm Posts: 2 Joined: Aug 2013 Male, MYS	30 Aug 2013, 04:30 PMPost #7
	going up now
zqhuang Posts: 7 Joined: Apr 2013 Male, MYS	12 Sep 2013, 09:38 AMPost #8
	Hi guys, at 2.18, the warrant-wb seems more attractive as it has a gearing of 3.96, 4.5 years life, 15% premium as the conversion/exercise price is 1.98 and not 2.38 as reported in the papers.
jingi Posts: 7 Joined: Sep 2013 Male, MYS	23 Sep 2013, 11:30 PMPost #9
	Agreed, warrant seems attractive. Might give them a try.
CNY2012 Posts: 107 Joined: Dec 2011 Female, MYS	06 Nov 2013, 10:22 AMPost #10
	Mah Sing to launch new township in Iskandar NUSAJAYA: Mah Sing Group Bhd will be launching its fifth township development project in Iskandar Malaysia, which is also the company’s biggest township project in the country in the second half of 2014. Deputy chief operating officer (southern) Dr Chai Kow Sin said the proposed township would be on 540.8 ha in the Plentong-Pasir Gudang growth corridor with a mix of landed and high-rise residential properties and commercial units. “The township project with a gross development value of RM5bil will keep us busy for 8-10 years,’’ Chai said after signing on behalf of Mah Sing’s wholly-owned subsidiary Tropika Istimewa Development Sdn Bhd for the en block purchase by SwhengTee International Sdn Bhd which was represented by its founder Datuk Seri Gavin Tee. The latter had purchased Tower B of Meridin@Medini consisting of 322 studios and one and two-bedroom suites with built-up of 318-885 sq ft (priced between RM309,000 and RM919,000 each) for RM172mil. Chai said the proposed township was easily accessible from the Senai-Desaru Highway, Kota Masai-Kong Kong and Tanjung Langsat and about one km away from the Felda Cahaya toll exit. “Our new township will cater to housing needs of workers in the Tanjung Langsat petrochemical hub and Pengerang Integrated Petroleum Complex,’’ he added. Chai said the Plentong-Pasir Gudang growth corridor was the area to watch in the coming years as more developers expected to go in due to the availability of land there. Mah Sing started its first township project in Iskandar Malaysia – the 122.41ha Sri Pulai Perdana, Skudai in 2000 (completed) with a GDV of RM631mil. Ongoing township projects are Austin Perdana, Tebrau, (2005: 67.87ha – GDV RM672mil), Sierra Perdana, Tebrau-Plentong (2005: 105.44ha – GDV RM672mil), and Sri Pulai Perdana II, Skudai (2008: 122.41ha – GDV RM631mil). Others are an integrated development Meridin @ Medini (3.31ha – GDV RM1.1bil) and Mah Sing i-Parc, (83.22ha – GDV RM676mil) an industrial project about 1km away from the Port of Tanjung Pelepas. Mah Sing currently has RM6.81bil in remaining GDV and RM481mil unbilled sales from its remaining 667.81ha in Iskandar Malaysia. http://www.thestar.com.my/Business/Business-News/2013/11/06/Mah-Sing-to-launch-new-township-in-Iskandar.aspx
CNY2012 Posts: 107 Joined: Dec 2011 Female, MYS	12 Nov 2013, 09:13 AMPost #11
	CIMB Research maintains Outperform on Mah Sing Group KUALA LUMPUR: CIMB Equities Research is maintaining its Outperform recommendation on Mah Sing Group with an unchanged target price of RM3.30, which is an upside of 41% from the previous close of RM2.15. It said on Tuesday it maintained its target price, at parity with RNAV. Mah Sing remains our top pick for the property sector with its robust earnings growth, strong sales and active landbanking to provide catalysts for its re-rating. “Annualised 9M net profit forms 97% of our FY13 forecast and 93% of consensus estimates. 3Q net profit increased 28% on-year and 1% on-quarter, again driven by the recognition of profits from strong new sales,” it said. CIMB Research said Mah Sing’s unbilled sales rose from RM3.9bil in 2Q to a record RM4.19bil. As expected and in line with the company's practice, no dividends were declared for 3Q. Mah Sing sold RM2.25bil worth of properties in the nine months, up 18% on-year. Some RM1.22bil or 54% of its new sales came from the Klang Valley, RM679mil or 30% from Johor, RM222mil or 10% from Penang and RM132mil or 6% from Sabah. It pointed out that 3Q new sales of RM750mil increased 23% on-year but were flat on-quarter. “Despite Budget 2014’s measures, we expect sustainable sales in 4Q as the group's new flagship township, its RM5.13bil Southville project in Bangi, has been launched and enjoys strong interest. “Malaysia’s Oct 25 Budget measures to curb property speculation, including a higher RPGT, the abolition of the DIBS and higher minimum purchase prices for foreigners from RM500,000 to RM1mil will no doubt put a dampener on property buying. “Still, we believe that Mah Sing will be able to weather any slowdown well as most of its projects do not offer DIBS. Any slowdown will likely be temporary and buying should normalise after perhaps two to three months as affordability remains near its all-time high and properties are an inflation hedge,” said CIMB Research.
CNY2012 Posts: 107 Joined: Dec 2011 Female, MYS	06 Mar 2014, 09:26 AMPost #12
	AmResearch maintains Buy on Mah Sing KUALA LUMPUR: AmResearch is maintaining its our Buy call on Mah Sing Group with its fair value tweaked slightly downwards to RM3.60 a share, at parity to realised net asset value (RNAV), as it rolls forward its valuation base to FY14F. The research house said on Monday the stock's near-term share price weakness was a good time to accumulate a property bell-weather ahead of a re-acceleration of property sales. AmResearch added this was backed by solid unbilled sales of RM4.4bil or 2.6 times FY13 property revenue, and a robust three-year EPS CAGR of 12%," it said. Mah Sing had a strong finish for the year, posting a FY13F net profit of RM281mil that surpassed FY12's earnings by 22% on-year on the back of a 13% on-year jump in revenue. It declared a first and final dividend per share (tax-exempt) of 8.0 sen, translating to a yield of 3.8%. "Assuming a similar payout of 40%, we project forward yields of 5%-6% over the next three years," it said. AmResearch said Mah Sing met its internal sales target of RM3bil for FY13 (FY12: RM2.5bil). Key projects that contributed include The Meridin@Medini, M Residence@Rawang, Icon City, PJ and M City, Jln. Ampang. The group added six more value-accretive land with a combined gross development value of RM9.3bil in 2013. This raised its undeveloped landbank's gross development value (GDV) to a healthy RM29bil. "Moving into FY14F, we expect Mah Sing's pre-sales to accelerate to RM4bil from RM3.2bil a year ago. More importantly, 81% of its residential products would be at attractive price points of RM700,000 and below," it said. AmResearch said this would be underpinned by Mah Sing's exciting pipeline of new launches, that is Southville City@KL South and D'sara Sentral. Following the strong success of Savanna Executive Suites, Mah Sing is set to roll out 196 units of Garden Link Homes at Southville City. Over in Johor, Bandar Meridin East could debut in 2Q14. Phase 1 offers affordable homes prices from RM300,000 to RM500,000.
whateverstuffs Posts: 1 Joined: Mar 2018 Male, MYS	25 Mar 2018, 08:53 PMPost #13
	Many buyers of Mah Sing properties are speaking up against this developer now: https://facebook.com/story.php?story_fbid=2053173228341243&id=100009457578810
Alex WFC Posts: 5 Joined: Oct 2020 Male, MYS	19 Oct 2020, 01:24 PMPost #14
	MAHSING (8583) MAH SING GROUP BHD joins glovefest, but will it last? Mah Sing targets the glove manufacturing business to contribute at least 25% of its profits. The factory in Klang is expected to start its operations as early as the second quarter of next year. http://www.bursa2u.com/2020/10/mahsing-8583-mah-sing-group-bhd-joins.html

17.8	3.3	4.1	9.2	N/A	N/A	0	0	0
P/E Ratio	DY	ROE	TTM PM	3y CAGR Rev	3y CAGR PAT	Business+	YoY Score	QoQ Score

Ad Free Version Shariah Setting

Corporate Information

Website	: Link
Corporate Name	: MAH SING GROUP BERHAD
Symbol & Code	: MAHSING (8583)
Board	: MAIN
Shariah	: Compliant
Sector	: Property
Sub-Sector	: Property
Contact	: Click Here : Penthouse Suite 1, Wisma Mah Sing,No 163 Jalan Sungai Besi Kuala Lumpur, 57100 Malaysia +60-3-92218888 (Phone) +60-3-92222833 (Fax)

Shareholding Changes

Date of change

Director/
Substantial Shareholder

01 Jun 2020

Other
2,170,931

TAN SRI DATO' SRI LEONG HOY KUM

29 May 2020

Disposed
4,406,900