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I really like Mahsing but one worrying trend is for the past 5 years their revenue and net profit is on the slide. But one thing I really admire is the company still giving out more than 40% of dividend to shareholders from their total annual net profit...I respect them on this
Personal POV. For the past 5 years the price of properties have been skyrocketed. Lots of demand for properties. But now because of the virus and overly supply plus with the waiver of stamp duty. Price will decrease because the supply is more than demand. What goes up must come down, vice-versa.
whole property market is downsizing. the key is look into their net profit margin can sustain nett 11-12% or not. they are practicing cost saving to increase margin and buy immediate new project from others small developer company. so can cut time of applying premium/license/approval which easily consume 2yr waiting time.