【MAHSING 8583 交流专区】马星集团

stanleymyc

此外，该集团将在第2结合脱售Icon Tun Razak的销售额，这将大幅推高盈利。

谢谢分享，难怪大户要受票，不知有special dividend 分吗。

加力仔＿FIPF

原帖由 v2_vehooi 于 2-6-2008 10:17 PM 发表
我都是用hlebroking的.....

WALK IN 去 MENARA HLA，JALAN KIA PENG，KL，注册hlebroking DIRECT ACC，copy 4 or 5 sets ic~

加力仔＿FIPF

原帖由 弹煮 于 2-6-2008 10:19 PM 发表
你开错account鸟啦
再开过，不用紧的，偶也是同时有nominee和direct account。

呵呵....和小弟一样～

but all moved into direct acc liao~

加力仔＿FIPF

原帖由 scsiang82 于 10-6-2008 10:25 AM 发表
Tuesday June 10, 2008
Mah Sing’s Southgate project block 80% sold


“To cater to the strong demand, the group will open the Vox block forsale during the three-day launch (June 13 to 15) at Wisma Mah Sing,”the group said in a statement.

Vox comprises 90 standard and duplex office suites as well as 16 lifestyle retail lots................

有谁去看看吗？

加力仔＿FIPF

原帖由 scsiang82 于 10-6-2008 10:25 AM 发表
Tuesday June 10, 2008
Mah Sing’s Southgate project block 80% sold


“To cater to the strong demand, the group will open the Vox block forsale during the three-day launch (June 13 to 15) at Wisma Mah Sing,”the group said in a statement.

Vox comprises 90 standard and duplex office suites as well as 16 lifestyle retail lots................

有谁去看看吗？

v2_vehooi

mahsing 未来的盈利其中要看这个southgate。明天我就会去看到底那边的地点，售价便宜或贵，环境舒适感。如果一切都好的话，那么这个southgate将会是klang valley的另一个新地标，那么这肯定可以提升mahsing未来的account....

jackphang

今天特地出席股东大会，结果少于20人的股东出席。席上看到了马星老板和董事们。里头谈了一些有关于马星的财务状况。而马星一些股东有发问一些问题，感觉上他们都是精打细算的人，如最近的工程都已经锁定了建筑成本，所以油价及钢铁价上涨在短期内不会有太大的影响。而它的的unbilled sales有4亿在residencial,6亿在commercial,所以，我预计它的profit margin会在明年更上一层楼。而马星老板还在考虑在对的价格脱售塑胶的业务。而在southbay还没有正式的堆出，不过我相信在3年后当第二大桥建好后会有更好的发展。而southgate就在马星总行的对面，我从四楼看过去，它才刚刚开始，所以我相信它需要至少3年来完成这项工程。而the icon tun razak 已经建到17楼，只剩下3楼，所以预计今年尾或明年头就可以完成了。

当我问到马星老板近期有没有购地计划，他的答案就如报章所说一般，就是马星现在的30亿足够它发展5-7年，所以没有这个计划，不过我相信它会等待土地价格更低一点时才来收购。

我也问到它的cash flow的问题，而steven ng 回答说马星现阶段处于良好的现金流的状况，它的理想gearing是0.5，我不是很明白这里的gearing，不过我相信它还是有本事再提高它的gearing。事后我也问他为何出售ESOS，它的答案很标准，也就是他也有financial liability。

最后参观了southgate的模型，感觉上它在卖力的推出southgate，感觉不错，只不过该地段是否能够吸引足够的投资者，取决于该地点，以及他的发展计划。

我也大概看了马星的办公室，还不错，多数是小姐。另一个值得关注的是EPF也是股东之一，大约有2-3%的股份。

hmm，就这样，报告完毕。

股友

惊见到jackphang前辈，感动中。下次不要离开cari太久。

蚂蚁小弟

謝謝jackphang前輩的分享～！

只是不大明白負的現金流怎么說是良好呢？

jackphang

原帖由 蚂蚁小弟 于 23-6-2008 06:38 PM 发表
謝謝jackphang前輩的分享～！

只是不大明白負的現金流怎么說是良好呢？

这个其他股东有问，结果他们的回复是因为要lock in price还钱给contractor。所以与其放入银行拿2-3%,不如拿钱还contractor，那么钢铁起价就没有那么大的影响（他们说早在去年尾油价大起时已经预先知道通货膨胀了）。

stanleymyc

jackphang 大大 特地从singapore 出席大会。。。我是小股东都没去

真是惭愧。。mahsing 选地发展眼光一流众所周知， 这个我不当心。

不过， 大马politic 不稳短期会影响property 市场。

蚂蚁小弟

在最新一季的季報的確在Trade Payables里頭有減少大概55,000,000左右
可是net decrease in cash總共是73,805,000
加上這一季的凈利，
照你那么說，應該還買多了吧？
有人拿數據出來問嗎？有叫他們拿出數據來嗎？

scsiang82

更新: June 24, 2008 02:04

冀南大門每棟賣價逾1億
馬星集團引海外投資者


（吉隆坡23日訊）馬星集團（MAHSING，8583，主板產業）冀以每棟逾過1億令吉的價碼，年底前脫售南大門商業中心（Southgate Commercial Centre）內兩座大樓給海外投資者。
馬星集團董事經理拿督梁海金指出，目前仍在洽談階段。

“我國房地產價格普遍上較區域低，西亞、中國等海外投資者感興趣。”

他今日出席常年股東大會后發表談話。

馬星集團今年的目標銷售額為5億6000萬令吉，並計劃今年內推出總值7億600萬令吉的房產。

首季銷售40%來自巴生谷流域的住宅產業及20%貢獻來自柔佛，剩余40%貢獻來自吉隆坡市中心的南大門商業中心。

梁海金坦言：“儘管目前消費者謹慎，惟仍不影響公司收益，因為公司尚有10億令吉的未進賬銷售額。”

截至首季，馬星集團持有現金1億3070萬令吉，及低水平的負債率0.03倍。

“我們計劃在巴生谷流域、檳城及柔佛買地，一旦時機恰當，我們有能力併購，擴展業務。”

http://www.chinapress.com.my/content_new.asp?dt=2008-06-24&sec=business&art=0624bs12.txt

scsiang82

Tuesday June 24, 2008
Mah Sing sees RM560m sales


It is selectively bullish about property sector in 2008 and 2009

KUALA LUMPUR: Mah Sing Group Bhd targets RM560mil sales out of RM706mil worth of properties to be launched this year, as it is “selectively bullish” about the property sector in 2008 and 2009, managing director Datuk Seri Leong Hoy Kum said.

Despite rising inflation and fuel prices, its sales and launch targets were on track, with the group raking RM116mil in sales and RM201mil in launches for the first quarter, he said.

“The group’s focus on customer-centric homes and value investments has resulted in strong sales for both the group’s residential and commercial projects,” he said after the company AGM yesterday.

Leong said the group had been closely monitoring the increase in building material prices over the past year and had been building ahead of schedule to lock in construction costs.

On rising fuel prices and inflation, he said good property companies with innovative products and the flexibility to adjust to current market needs should emerge stronger.

“Things may not be all that bad for the property sector. Not only are the banks in good shape, households are not over-extended. The ratio of household debt to gross domestic product in our country is very low compared with countries like Britain and the US,” he said, adding that the group would be able to maintain its performance.

Mah Sing reported a 24% year-on-year increase in net profit to RM81.13mil. For the first quarter ended March 31 its net profit jumped 25% to RM22.31mil.

It has 584 acres of land bank left with a total gross development value (GDV) of RM3bil and unbilled sales of RM1bil as at March 31.

On its Southgate Commercial Centre, Leong said it had seen a strong take-up of RM40mil during its private preview for the Vivo block.

The recent launch of the Vox block also saw about RM78mil sales or 70% of available retail units and office suites sold. It is talking with some foreign parties to sell en bloc two of the five blocks.

“We’ve nine months to build the car park. This would be a window period for the rising cost of construction materials to cool off,” he said. He however noted that if costs kept rising, future launches would inevitably be more expensive.

Mah Sing’s residential properties also saw strong sales. For example, the first phase of Hijauan Residence in Cheras is 99% sold while launched units in Kemuning Residence in Shah Alam is 75% sold. Launched units in Sierra Perdana in Johor Baru also saw take up of 71% in sales value.

http://biz.thestar.com.my/news/story.asp?file=/2008/6/24/business/21632777&sec=business

choo_chooo

股息有8sens，但这几天都在跌。。
这股不错的说。销售成绩亮丽。。
小妹在槟城看到了在山玻上大大个 “SOUTHBAY“。。 掂啊！

johnny-chia

蛮不错哦！我认为股价很快又起回的，1。25 的价位，再进了5000unit,

choo_chooo

吃股息都不错

laio4

烂 股 来 的， 还 买 干 吗？ 是 好 的 话 早 就 爬 爬 爬 上 了 的 啦！ 哈 哈！

johnny-chia

请问上面这位老兄有何见解认为这股不好？请提供多点资料

choo_chooo

原帖由 laio4 于 5-7-2008 09:15 PM 发表
烂 股 来 的， 还 买 干 吗？ 是 好 的 话 早 就 爬 爬 爬 上 了 的 啦！ 哈 哈！

可否分享为何会说mahsing是烂股吗？？