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OpenAI has issued one of its most striking public warnings yet about the future of artificial intelligence. In a new blog post published on November 6 and shared by CEO Sam Altman on X this weekend, the company says that AI is advancing far faster than most people realise, with capabilities now edging toward genuine scientific discovery.
The post warns that while this progress brings enormous opportunity, it also carries “potentially catastrophic” risks if humanity fails to build the right safety systems in time.
What is AI capable of in future?
According to OpenAI, the world is still thinking about AI as chatbots and search tools, while today’s systems are already capable of outperforming top human minds in complex intellectual competitions.
The company says it now sees AI as “80% of the way to an AI researcher”, suggesting that models are starting to show the ability to generate new knowledge, an ability that could change everything from science to medicine.
“In 2026, we expect AI to be capable of making very small discoveries,” the post says. “By 2028 and beyond, we are pretty confident we will have systems that can make more significant discoveries.”
Progress moving at breakneck speed
The pace of change, OpenAI adds, has been staggering. The cost of achieving a given level of intelligence in AI systems has fallen roughly 40 times every year, meaning what used to take humans hours or days now takes machines seconds.
But the company cautions that the gap between how most people use AI and what AI can actually do is growing wider and that society is largely unprepared for what comes next.
Why companies should deploy superintelligent systems carefully?
Perhaps the most serious aspect of the post arises when OpenAI discusses superintelligence. Notably, this blog post highlights AI that can improve itself without human help. The company states that no one should deploy such systems until proven methods are established to align and control them safely.
Why does the future of AI matter?
Despite its warnings, OpenAI’s message is not all doom and gloom. The company says it still believes AI can lead to a world of “widely distributed abundance”, helping people live healthier, more fulfilling lives.
It envisions AI as a “foundational utility,” as essential as electricity or clean water, powering advances in healthcare, climate science, materials research, and personalised education.
“The north star,” the post concludes, “should be helping empower people to achieve their goals.”
Altman’s decision to share the post himself may highlight a turning point for OpenAI—away from product launches and toward long-term impact.
Using the 2 Stage Free Cash Flow to Equity, Mah Sing Group Berhad fair value estimate is RM1.14
With RM1.03 share price, Mah Sing Group Berhad appears to be trading close to its estimated fair value
The RM1.75 analyst price target for MAHSING is 54% more than our estimate of fair value
How far off is Mah Sing Group Berhad (KLSE:MAHSING) from its intrinsic value? Using the most recent financial data, we’ll take a look at whether the stock is fairly priced by projecting its future cash flows and then discounting them to today’s value. This will be done using the Discounted Cash Flow (DCF) model. Believe it or not, it’s not too difficult to follow, as you’ll see from our example!
Companies can be valued in a lot of ways, so we would point out that a DCF is not perfect for every situation. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model.
Trump has pledged to “unleash” American oil and gas and these 15 US stocks have developments that are poised to benefit.
We’re using the 2-stage growth model, which simply means we take in account two stages of company’s growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren’t available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.
Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today’s value:
2026
2027
2028
2029
2030
2031
2032
2033
2034
2035
Levered FCF (MYR, Millions)
RM325.2m
RM381.5m
RM348.9m
RM332.0m
RM324.4m
RM322.8m
RM325.3m
RM330.6m
RM338.1m
RM347.3m
Growth Rate Estimate Source
Analyst x2
Analyst x2
Est @ -8.54%
Est @ -4.86%
Est @ -2.29%
Est @ -0.49%
Est @ 0.77%
Est @ 1.65%
Est @ 2.27%
Est @ 2.70%
Present Value (MYR, Millions) Discounted @ 13%
RM287
RM297
RM240
RM202
RM174
RM153
RM136
RM122
RM110
RM100
(“Est” = FCF growth rate estimated by Simply Wall St) Present Value of 10-year Cash Flow (PVCF) = RM1.8b
After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 3.7%. We discount the terminal cash flows to today’s value at a cost of equity of 13%.
Present Value of Terminal Value (PVTV)= TV / (1 + r)10= RM3.8b÷ ( 1 + 13%)10= RM1.1b
The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is RM2.9b. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of RM1.0, the company appears about fair value at a 9.5% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent.
KLSE:MAHSING Discounted Cash Flow November 9th 2025
We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don’t agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company’s future capital requirements, so it does not give a full picture of a company’s potential performance. Given that we are looking at Mah Sing Group Berhad as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we’ve used 13%, which is based on a levered beta of 1.594. Beta is a measure of a stock’s volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.
Check out our latest analysis for Mah Sing Group Berhad
Strength
Weakness
Opportunity
Threat
Although the valuation of a company is important, it shouldn’t be the only metric you look at when researching a company. It’s not possible to obtain a foolproof valuation with a DCF model. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For Mah Sing Group Berhad, there are three further items you should assess:
Risks: Every company has them, and we’ve spotted 1 warning sign for Mah Sing Group Berhad you should know about.
Future Earnings: How does MAHSING’s growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart.
Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing!
PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the KLSE every day. If you want to find the calculation for other stocks just search here.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
An image of a new object C/2025 V1, taken on November 3, 2025. No cometary tail is visible. The sunward direction is towards the upper right corner. (Credit: A. Ivanov et al.)
In recent days, T-Mobile US announced significant advancements across emergency communications, with the first native three-way video emergency call in partnership with INdigital, and expanded satellite-based Text to 911 availability to all…
Affiliated Managers Group reported its third-quarter earnings, showing strong year-over-year profit growth and a clear jump in earnings per share. These results signal improving profitability and operational momentum for the company.
See our latest analysis for Affiliated Managers Group.
Affiliated Managers Group’s mix of upbeat earnings, continued share buybacks, and a newly affirmed dividend has clearly energized investors. The stock’s climbed 22.7% over the last 90 days, and shareholders have enjoyed a compelling 40% one-year total return. Both short- and long-term momentum point to growing confidence in the company’s trajectory.
If this momentum has you scanning for your next investing opportunity, it might be time to discover fast growing stocks with high insider ownership
With shares up sharply and the company delivering improved profits, the central question now is whether Affiliated Managers Group is still undervalued or if the market has already priced in the next stage of growth.
The narrative consensus pegs Affiliated Managers Group’s fair value well above the last close, signaling sizable upside in the eyes of market watchers.
Record-breaking inflows and rapid expansion in alternative assets have increased AMG’s alternative AUM by 20% in six months. The company reported its strongest organic growth quarter in 12 years, positioning it to benefit from persistent global demand for yield, diversification, and differentiated strategies. This directly supports top-line revenue and future net margin improvement due to higher fee structures in alternatives.
Read the complete narrative.
Want to see what’s really powering that premium valuation? The secret sauce is not just earnings, but a dramatic shift in future margins and business mix. Curious which financial forecasts are rewriting AMG’s price story? The full narrative has the numbers that could reset your outlook.
Result: Fair Value of $308 (UNDERVALUED)
Have a read of the narrative in full and understand what’s behind the forecasts.
However, persistent outflows from traditional active strategies and AMG’s reliance on key affiliates could challenge the upbeat narrative if trends move against them.
Find out about the key risks to this Affiliated Managers Group narrative.
If you see the story unfolding differently or want to dig into the details yourself, you can quickly build your own perspective in just minutes. Do it your way
A great starting point for your Affiliated Managers Group research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision.
Now’s your chance to seize unique opportunities before others catch on. Unearth strategies that suit your style and put your research a step ahead.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include AMG.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
Neogen (NEOG) shares caught some attention this week after the company reported a modest uptick in revenue along with a significant swing in annual net income. Investors are eyeing these results and parsing what they might signal for future growth.
See our latest analysis for Neogen.
Despite Neogen’s stronger revenue and improved net income, recent momentum is mixed. While the share price has surged 26% over the past three months, the total shareholder return across five years remains deep in the red at -82%. This sharp contrast is prompting investors to question whether the turnaround is gaining traction or just a brief respite.
For those keeping an eye on recovery stories and growth potential, now is a sensible moment to broaden your search and discover See the full list for free.
With shares rebounding but long-term returns still lagging, the key question now is whether Neogen stock is undervalued and primed for recovery, or if the recent run-up means future growth is already reflected in the price.
With the narrative fair value pegged at $8.17 and the last close at $6.40, the crowd’s perspective sharply diverges from current market pricing. This sets the stage for a closer look at the catalysts underpinning this belief in further upside.
Ongoing global complexity and risks within the food supply chain, alongside heightened consumer expectations for food safety and transparency, will drive further adoption of Neogen’s innovative pathogen detection and digital solutions by food producers and regulators, expanding the company’s addressable market and underpinning sustainable long-term revenue expansion.
Read the complete narrative.
What is fueling such a high fair value? The answer is surprising. Think operational gains, sector-wide trends, and a powerful margin shift, with each assumption just bold enough to move the needle. Want to see how a patient turnaround story could justify the biggest gap yet between narrative and market? Only the full narrative spills those details.
Result: Fair Value of $8.17 (UNDERVALUED)
Have a read of the narrative in full and understand what’s behind the forecasts.
However, persistent problems in integrating recent acquisitions and ongoing weakness in animal safety revenue could quickly undermine the bullish outlook if these issues worsen.
Find out about the key risks to this Neogen narrative.
If you see the story differently or want your own perspective, it only takes a few minutes to shape your own view. Do it your way.
A great starting point for your Neogen research is our analysis highlighting 1 important warning sign that could impact your investment decision.
Seize the chance to act confidently on the hottest trends. Here are three ways to power up your portfolio before the market moves ahead without you:
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include NEOG.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com