MAHSING (8583) MAH SING GROUP BHD joins glovefest, but will it last?
CGS-CIMB reckons that if Mah Sings glove unit expansion proceeds as planned, it expects the proposed diversification to contribute about RM140mil and RM220mil to its FY21 and FY22 net profits, respectively.
This is based on an average selling price assumption of US$50-US$60 per 1,000 pieces.
http://www.bursa2u.com/2020/10/mahsing-8583-mah-sing-group-bhd-joins.html