Ming Shing Group Holdings Limited Announces Closing of the Underwriters Over-Allotment Option in Connection with its Initial Public Offering
| MSW Stock | USD 4.17 0.17 3.92% |
Slightly above 59% of Ming Shing's investor base is looking to short. The current sentiment of investing in Ming Shing Group suggests that many traders are alarmed. Ming Shing's investing sentiment can be driven by a variety of factors including economic data, Ming Shing's earnings reports, geopolitical events, and overall market trends.
Ming |
Hong Kong, Dec. 09, 2024 -- Ming Shing Group Holdings Limited , , a Hong Kong based company mainly engaged in wet trades works whose mission it is to become the leading wet trades works service provider in Hong Kong, today announced that it closed the sale of an additional 225,000 ordinary shares of the Company, pursuant to the full exercise of the underwriters over-allotment option granted in connection with the Companys initial pub
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Ming Shing Fundamental Analysis
We analyze Ming Shing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ming Shing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ming Shing based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Ming Shing is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Ming Shing Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ming Shing stock to make a market-neutral strategy. Peer analysis of Ming Shing could also be used in its relative valuation, which is a method of valuing Ming Shing by comparing valuation metrics with similar companies.
Peers
Ming Shing Related Equities
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| CC | Chemours | 1.43 | ||||
| NCMI | National CineMedia | 0.30 | ||||
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| HIHO | Highway Holdings | 0.52 | ||||
| RETO | ReTo Eco | 3.12 | ||||
| CEIX | Consol Energy | 4.25 |
Additional Tools for Ming Stock Analysis
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