Ming Shing Group Holdings Limited Announces Closing of 8,250,000 Initial Public Offering
| MSW Stock | USD 6.42 0.69 12.04% |
Slightly above 57% of all Ming Shing's sophisticated investors are looking to take a long position. The current sentiment of investing in Ming Shing Group suggests that some traders are interested. 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, Nov. 25, 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 the closing of its initial public offering of 1,500,000 ordinary shares at a public offering price of 5.50 per Share. The gross proceeds from the Offering, before underwriting di
Read at finance.yahoo.com
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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.
Debt To Equity
Debt To Equity Comparative Analysis
Ming Shing is currently under evaluation in debt to equity category among its peers. Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
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
| J | Jacobs Solutions | 0.00 |
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| ACM | Aecom Technology | 0.84 |
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| VATE | Innovate Corp | 1.11 |
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| APG | Api Group | 1.40 |
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| ACA | Arcosa | 1.62 |
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| AGX | Argan | 1.68 |
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| DY | Dycom Industries | 1.77 |
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| ESOA | Energy Services | 3.86 |
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| ECG | Everus Construction | 5.11 |
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| WLGS | Wang Lee | 9.27 |
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Additional Tools for Ming Stock Analysis
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