
ENLIGHTENMENT
jackphang ( Date: 17-Aug-2011 13:16) Posted:
|
Mah Sing is one of the stocks in my portfolio that remains for almost 6 years. I invested it since the market value was around MY200M to MYR500M, and now it is about MYR2.0Bn. The reasons why I invest it in long term is because of the few reasons that I state down below:
- Ambitious Top Management - Tan Sri Dato Sri Leong leads the management team since he was in 20s. And now with the age of 50s, he is still able to lead the team for the next 10-20 years with his daughter now be his personal assistant and his nephew a project manager in his company.
- Highly Owned by a family - Tan Sri Dato Sri Leong owns about 3x% in Mah Sing Bhd. Hence, he is very cautious on the investment made to his company. As he is a very loyal man (He still owns the plastic division that doesn't give him much profit), I believe he treats his employees nice too.
http://www.jackphanginvestment.com