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As long as it is related to data centers, it is the password for stock prices to boil.
Last week there was $MAHSING (8583.MY)$ , and $MNHLDG (0245.MY)$ This kind of industrial land purchase and construction, and subsequent power supply auxiliary stocks are certainly beneficiary stocks under the data center theme.
However, starting construction and subsequent power supply are all for later. If we focus on the present, this is not true. Today, SUNCON is booming, reaching a record high, and the unrealised profit of early deployment will start at 13%.
$SUNCON (5263.MY)$
Major investment banks still favor SUNCON and continue to call to buy this stock.
As early as December 2022, Sunway Construction received a general contract worth approximately RM1.7 billion from Yellowwood Industries (Yellowwood) to be responsible for the data center construction project at Johor Srinana Science Park (STeP).
According to the contract at the time, the scope of the project included the design and construction of piling and structural precast concrete; construction of the main data center building; installation and related works of mechanical and electrical services, telecommunications, control and safety, and major equipment; and other external ancillary projects such as roads, drainage systems, external mechanical and electrical services, and fence gates.
The project will be carried out in 3 stages and is expected to be completed in the third quarter of this year; now, the first phase has indeed been completed, but Yellowwood continues to add phase 4 of the project and the total contract...
Last week there was $MAHSING (8583.MY)$ , and $MNHLDG (0245.MY)$ This kind of industrial land purchase and construction, and subsequent power supply auxiliary stocks are certainly beneficiary stocks under the data center theme.
However, starting construction and subsequent power supply are all for later. If we focus on the present, this is not true. Today, SUNCON is booming, reaching a record high, and the unrealised profit of early deployment will start at 13%.
$SUNCON (5263.MY)$
Major investment banks still favor SUNCON and continue to call to buy this stock.
As early as December 2022, Sunway Construction received a general contract worth approximately RM1.7 billion from Yellowwood Industries (Yellowwood) to be responsible for the data center construction project at Johor Srinana Science Park (STeP).
According to the contract at the time, the scope of the project included the design and construction of piling and structural precast concrete; construction of the main data center building; installation and related works of mechanical and electrical services, telecommunications, control and safety, and major equipment; and other external ancillary projects such as roads, drainage systems, external mechanical and electrical services, and fence gates.
The project will be carried out in 3 stages and is expected to be completed in the third quarter of this year; now, the first phase has indeed been completed, but Yellowwood continues to add phase 4 of the project and the total contract...
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$Apple (AAPL.US)$ 40B is the gap btw MSFT and AAPL , cmon AAPL you can create history today
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$MAHSING (8583.MY)$ see CHATGPT analysis this stock price movement for next week===Analyzing the price movement of Mahsing Stock (8583) involves looking at several technical indicators from the provided chart. Here are the key points:
1. **Price Movement**:
- Current Price: 1.840 MYR (+5.14%).
- 52-Week High: 1.900 MYR.
- 52-Week Low: 0.550 MYR.
2. **Technical Indicators**:
- **Bollinger Bands**: The stock price is near the upper Bollinger Band (1.804 MYR), indicating potential overbo...
1. **Price Movement**:
- Current Price: 1.840 MYR (+5.14%).
- 52-Week High: 1.900 MYR.
- 52-Week Low: 0.550 MYR.
2. **Technical Indicators**:
- **Bollinger Bands**: The stock price is near the upper Bollinger Band (1.804 MYR), indicating potential overbo...
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$MAHSING (8583.MY)$
MAHSING Group (MAHSING, 8583, Main Board Industrial Stock) had a good harvest, and its stock price soared to a record high. The market closed at RM90 cents, the highest price since listing in 2006.
A week ago, the group announced a partnership with Bridge Data Center (BDC) to build a 17.55-acre data center park at the Southville City project in Bangi (Bangi), Selangor.
Since the news broke, the group has been singing high in the market.
According to Bloomberg, as many as 11 of the 12 analysts interviewed called to buy the stock, and their target average price for 12 months was reported at RM1 89 cents.
Liu Songzeng, head of sales at Rakuten Securities, predicts that based on the artificial intelligence (AI) theme or unabated popularity in the next 2 years, this could further boost the stock's popularity.
However, he stressed that unlike the internet bubble, the impetus for this AI boom comes from $NVIDIA (NVDA.US)$Tech giants such as Nvidia have shown excellent revenue performance, so it's not a bubble phenomenon.”
“The construction and utilities sector has actually experienced an upward trend; however, technology-related stocks are currently relatively backward.”
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers are responsible for any reliance on this content...
MAHSING Group (MAHSING, 8583, Main Board Industrial Stock) had a good harvest, and its stock price soared to a record high. The market closed at RM90 cents, the highest price since listing in 2006.
A week ago, the group announced a partnership with Bridge Data Center (BDC) to build a 17.55-acre data center park at the Southville City project in Bangi (Bangi), Selangor.
Since the news broke, the group has been singing high in the market.
According to Bloomberg, as many as 11 of the 12 analysts interviewed called to buy the stock, and their target average price for 12 months was reported at RM1 89 cents.
Liu Songzeng, head of sales at Rakuten Securities, predicts that based on the artificial intelligence (AI) theme or unabated popularity in the next 2 years, this could further boost the stock's popularity.
However, he stressed that unlike the internet bubble, the impetus for this AI boom comes from $NVIDIA (NVDA.US)$Tech giants such as Nvidia have shown excellent revenue performance, so it's not a bubble phenomenon.”
“The construction and utilities sector has actually experienced an upward trend; however, technology-related stocks are currently relatively backward.”
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers are responsible for any reliance on this content...
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$MAHSING (8583.MY)$
Mah Sing Group announced that it is officially entering the hot datacenter field.
The company today launched a datacenter plan called "Mah Sing DC Hub@Southville City", with the first phase being a collaboration with Bridge Data Centres (BDC) to build the first datacenter with a power consumption of up to 100 megawatts (MW).
According to the press release, Mah Sing Group has reserved 150 acres of land in its Southville City project in Selangor to create a leading domestic datacenter park with a total power consumption of up to 500 megawatts.
As Mah Sing Group's first partner in the datacenter field, BDC is primarily controlled by Bain Capital, and the two companies will build the first datacenter with a power consumption of up to 100 megawatts on a 17.55-acre land in Southville City.
Mah Sing Group stated that the collaboration with BDC is just the beginning.
"We will plan Mah Sing DC Hub@Southville City as a comprehensive and large-scale digital infrastructure ecosystem, including retail, enterprise services, AI hosting, telecom network services, etc., to meet the needs of various businesses."
Mah Sing Group's founder and managing director, Dan...
Mah Sing Group announced that it is officially entering the hot datacenter field.
The company today launched a datacenter plan called "Mah Sing DC Hub@Southville City", with the first phase being a collaboration with Bridge Data Centres (BDC) to build the first datacenter with a power consumption of up to 100 megawatts (MW).
According to the press release, Mah Sing Group has reserved 150 acres of land in its Southville City project in Selangor to create a leading domestic datacenter park with a total power consumption of up to 500 megawatts.
As Mah Sing Group's first partner in the datacenter field, BDC is primarily controlled by Bain Capital, and the two companies will build the first datacenter with a power consumption of up to 100 megawatts on a 17.55-acre land in Southville City.
Mah Sing Group stated that the collaboration with BDC is just the beginning.
"We will plan Mah Sing DC Hub@Southville City as a comprehensive and large-scale digital infrastructure ecosystem, including retail, enterprise services, AI hosting, telecom network services, etc., to meet the needs of various businesses."
Mah Sing Group's founder and managing director, Dan...
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