Next rally likely to happen on 7 July

https://malaysiagazette.com/2024/06/28/teater-700-tahun-melaka-di-encore-melaka-bermula-7-julai-ini/

Director was buying up !

https://klse.i3investor.com/web/insider/detail/D_179508_1090402786

It has started moving and is heading towards 40 cents ⏫

Good for you, HengyuanZai 😊 All the best

Yongtai's newest hotels in Melaka has achieved an impressive average occupancy rate of 65% within one year of opening. I believe the company will continue to show good QR

That's another rally for IFCA 😊

Today is really a good opportunity to grab it

Yes, I still have some, HengyuanZai.

Let's meet Fan Bing Bing today at Melaka 🤗

https://news.seehua.com/post/1172716

HengyuanZai, your next Haiyaa will be 0.9 😆

The management are extremely optimistic about the outlook for the company’s hotel business in 2024 as Magma is well positioned to capitalise on the opportunities ahead and the evolving tourism and hospitality landscape

Volume today is 6,652,700. No volume? Are you sleeping, zzzzz ? 😆

for the record, the company's hotel operations segment generated revenue of RM6.29 million in 1QFY24, a substantial increase from RM2.78 million last year. This growth is attributed to the rising occupancy rates and the inclusion of business from WOLO Kuala Lumpur

Q1 results are out. As expected, its revenue was improved due to the recovery in the hotel operations segment and strategic adjustments in hotel management

Mr. Eng is chasing high ? 😆
https://klse.i3investor.com/web/insider/detail/D_178790_3554627179

Trading volume exceeds 1 million by the way, Fat_Money_Fat. Wait the QR to come out 1st then decide whether want to keep it or not, in my opinion

Certainly a healthy pullback before it moves towards 60 cents

Magma's next QR is releasing soon, either this Friday or latest by next Friday. Stay tuned ~

@Master. No time to go, working. Haha. Share some juicy news if you attend 😉

It will probably reach 0.30 by the end of this month

@HengyuanZai. From 0.40 to 0.50 also hard to break 😂. Next 0.60 also? 🤣

Good sign, we can expect Magma releases good QR then

It's moving above 40 cts, so don't you worry too much, HengyuanZai

Go to its 2023 Annual Report and view the “Thirty (30) Largest Shareholders” section on page 159

In case you missed it, Lee Chong Wei is one of the substantial shareholders of MAGMA 😉

Your running time is not accurate. It goes up after you shouted run 😅

Malaysia’s tourism industry is growing and it will benefit Magma’s hotel business

Visit Malaysia 2026 campaign is expected to attract around 35.6 million tourists and generate MYR147.1 billion in receipts
https://www.ttrweekly.com/site/2024/05/tourism-malaysia-sets-out-vmy-2026-goals/

HengyuanZai still has some IFCA shares. Don't bother him

It has been an uptrend since the company broke above 20 cents

Anyway, my next tp will be 50 cents 🙂

Magma Group is well-equipped to leverage the upcoming surge in global travel 😉

https://klse.i3investor.com/web/blog/detail/TechnicalMovement/2024-04-30-story-h-182705748-Resilience_and_Revival_The_Ascending_Trajectory_of_the_Global_Hospitali

Sell at 50 cents for next batch ? 😋

feel sad, didn't get it at 19 cts last week ...😓 Now 21 cts already

You sold all, HengyuanZai?

Nope, I m happy with the capital appreciation

Nvr mind. I look for the next opportunity to average 🙂

At least have dividend to receive. Don't get greedy, HengyuanZai. We have benefited from its capital appreciation already

failed to get it at 19 cents yesterday and today also 😢

Genting Plantations expects demand for palm products to advance in 2024
https://www.thestar.com.my/business/business-news/2024/04/19/genting-plantations-expects-demand-for-palm-products-to-advance-in-2024

Got more than 1 million buying order at 0.19 today 😮 don't know can match it or not today

I sell some a portion today and leave some portion

the "Visit Perak Year 2024" and visa-free policies for certain tourists will boost the industry further too 🙂

I will wait 40 cents and tp some. Ha

It rebounds back to 0.20 today. So good luck on getting it at 0.19, ha

If the cost of upgrading e invoicing software is high for Ifca, it will also be high for other merchants

In case you miss it 👉 https://www.ipohecho.com.my/2024/03/04/ramadan-buffet-piyor-kampung-at-impiana-hotel-ipoh/ 😋

Bullish outlook seen for Malaysian crude palm oil futures
https://www.businesstimes.com.sg/companies-markets/bullish-outlook-seen-malaysian-crude-palm-oil-futures

Let's go Perak and Teluk Intan during this Raya. Book Impiana Hotel to support Magma 😀😀

@xiaoeh. My average buying price is around 26.5 🙂