MMAG HOLDINGS BERHAD

KLSE (MYR): MMAG (0034)

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Last Price

0.49

Today's Change

-0.01 (2.00%)

Day's Change

0.48 - 0.50

Trading Volume

666,700


17 people like this.

11,365 comment(s). Last comment by wallstreetrookieNEW 8 hours ago

speakup

27,373 posts

Posted by speakup > 2024-06-13 21:51 | Report Abuse

Why super strong support at 30¢? Victor Chin suka nombor 30?

kangcs

808 posts

Posted by kangcs > 2024-06-24 09:12 | Report Abuse

Lai LIAO....GO GO GO

Posted by whistlebower99 > 2024-06-24 09:16 | Report Abuse

FOR NEWBIES

Previous Corporate exercises

Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000
20 Oct 2017 01 Nov 2017 Rights Issue (warrant) 1 : 2 0.2500
20 Oct 2017 01 Nov 2017 Rights Issue 2 : 1 0.0500
28 Jun 2017 10 Jul 2017 Share Consolidation 4 : 1

https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad

Look at Capital Changes and Annual P/L in above link

=============
NOSH = 1,992,713,801
WC = 429,676,804
After latest share consolidation and fund raising via massive rights issue, NOSH approaching 2 BILLION shares !!

Multi year loss making company
10 years losses in a row !!! (2015 to current)

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

================
Don't be caught at high price !!!
Price might eventually dipped below 10sen again when directors unable to turn around the business losses

speakup

27,373 posts

Posted by speakup > 2024-06-24 09:18 | Report Abuse

Victor Chin is back with vengence!

speakup

27,373 posts

Posted by speakup > 2024-06-24 09:21 | Report Abuse

https://theedgemalaysia.com/node/713863
got new update that why mmag shoot up?

newbie2018

173 posts

Posted by newbie2018 > 2024-06-24 09:24 | Report Abuse

Director charged not bad news meh?
https://theedgemalaysia.com/node/713863

Posted by whistlebower99 > 2024-06-24 15:51 | Report Abuse

Crooks now fighting among themselves ?

speakup

27,373 posts

cK1973

1,971 posts

Posted by cK1973 > 2024-07-02 14:07 | Report Abuse

still in the range of 30-32....
must break 40....
wait and see.....

cK1973

1,971 posts

Posted by cK1973 > 2024-07-03 15:50 | Report Abuse

still holding strong at 31-32....
need to break 40....
wait....

newbie9893

2,523 posts

Posted by newbie9893 > 2024-07-05 11:49 | Report Abuse

MMAG resistance breakout...will spike up to the moon

newbie9893

2,523 posts

Posted by newbie9893 > 2024-07-05 12:24 | Report Abuse

still not too late to sapu MMAG@0.34 now, you won't be able to get this price in afternoon section...

speakup

27,373 posts

Posted by speakup > 2024-07-05 12:58 | Report Abuse

Ni Victor Chin memang kuat goreng

cK1973

1,971 posts

Posted by cK1973 > 2024-07-06 11:14 | Report Abuse

as long the price didn't go down to below 30....
I think is a good trending for future upwards.....
yet to see the price test back the previous higher range of 35-40.....
to be safe to go in, technically need to see the price break above 40 and sustaining.....
otherwise, i would say it will trend between 30-35 range only.....
not much action and not so good for traders....

cK1973

1,971 posts

Posted by cK1973 > 2024-07-10 15:33 | Report Abuse

still within the range of 30....
good sign....

SWX1987

75 posts

Posted by SWX1987 > 2024-07-16 09:21 | Report Abuse

this stock is now hot hot!!! warrant is moving!!! do you think warrant will bring mother go as well?

Posted by whistlebower99 > 2024-07-17 09:27 | Report Abuse

FOR NEWBIES

WC = 423,077,604
Maturity 2029-01-15
Strike value 0.1500

Current price = 0.26

https://www.klsescreener.com/v2/stocks/view/0034WC

Don't be caught at high price and end up with worthless warrants approaching expiry date

cK1973

1,971 posts

Posted by cK1973 > 2024-07-17 14:23 | Report Abuse

sustaining well at range 33-35....
need to break 40....
let's see whether it will happen or not in coming days....
stay tune guys.....

cK1973

1,971 posts

Posted by cK1973 > 2024-07-24 09:57 | Report Abuse

still holding strong at 33....
son already 26-28 range...
any manipulation here ?....

speakup

27,373 posts

Posted by speakup > 2024-07-24 11:27 | Report Abuse

This is control by Goreng King Victor Chin.
U make money or not is up to him

cK1973

1,971 posts

Posted by cK1973 > 2024-07-25 14:18 | Report Abuse

son reached 32.....
wow.......

speakup

27,373 posts

Posted by speakup > 2024-07-25 22:01 | Report Abuse

Because mmag syndicate is Goreng King Victor Chin

hinakojw

32 posts

Posted by hinakojw > 2024-07-31 09:39 | Report Abuse

Only 2 days without any news sudden drop back to 0.25.....OMG !
Suppose got profit, now become in red....

newbie5354_

1,319 posts

Posted by newbie5354_ > 2024-08-08 10:02 | Report Abuse

35 sen why CBL or Chan Swee Ying not selling good?

Posted by whistlebower99 > 2024-08-20 09:15 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000 View

https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad

MMAG still holding strong after share consolidation and massive rights issue

NOSH = 2,000,259,001 exceeding 2 BILLION Shares again

9 years of continuous annual losses since 2015 !!!

Interesting to see how long the mighty operators can hold MMAG at high prices

===============
Expect directors to continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc

Expect NOSH to continue to rise further
Shareholders equity % and EPS will be further diluted with more fund raising via shares issuance

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition

speakup

27,373 posts

Posted by speakup > 2024-08-20 09:39 | Report Abuse

What is the latest news on Victor Chin court case?

Posted by whistlebower99 > 2024-08-22 09:42 | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000 View

https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad

MMAG still holding strong after share consolidation and massive rights issue

NOSH = 2,000,259,001 exceeding 2 BILLION Shares again

9 years of continuous annual losses since 2015 !!!

Interesting to see how long the mighty operators can hold MMAG at high prices

===============
Expect directors to continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc

Expect NOSH to continue to rise further
Shareholders equity % and EPS will be further diluted with more fund raising via shares issuance

==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition

TCH1186

910 posts

Posted by TCH1186 > 2024-08-22 15:42 | Report Abuse

Tp 0.45

Posted by whistlebower99 > 2024-08-27 09:17 | Report Abuse

If directors remain incapable in business operations, it is just
right hand to left hand
left hand to middle hand
middle hand to retailers

Trade with care

blistering

148 posts

Posted by blistering > 2024-09-30 02:03 | Report Abuse

Damn kept converting warrants to mother share now this counter is so huge and heavy

speakup

27,373 posts

Posted by speakup > 2024-09-30 07:50 | Report Abuse

the modus operandi is :
rights issue -> consolidation -> rights issue -> consolidation -> rights issue -> consolidation ..... infinite times cos Bursa/SC is sleeping on the job!

speakup

27,373 posts

Posted by speakup > 2024-10-03 13:01 | Report Abuse

But ECS become VSTECS so good?

JJPTR

205 posts

Posted by JJPTR > 2024-10-03 17:17 | Report Abuse

@ whistlebower99

old Name--> new name
KSTAR--> Sinaran
Dynaciate Grp--> Ingens--> MMAG (classified as GN3 company ***)
MINETEC --> AIZO (latest****)
AT system-> Erdasan Group bhd (latest****)
FOCUS dynamic --> change fin yr from Sep to Mar (latest***)
FASTRAK -> VSOLAR
LITESPD -> EDUSPEC
HUAAN -> TECHNAX
MEDAINC -> MERIDIAN
PSIPTEK - > AGES (pn17)
IDMENSN -> EVD
NEXTNAT -> NEXGRAM
BIOOSMO -> IMPIANA-> MAGMA (latest)
TECFAST-> FAST
PORTRAD -> OMEDIA -> ACCSOFT -> LAMBO (SC to delist by Oct 4th,2024)
TMS -> SKH -> (Vortex Consolidate) -> HM(Harvest Miracle)
ETITECH -> TRIVE
POWER-> INSTACO -> VIVOCOM -> VINVEST
GLOSOFT -> AGLOBAL -> NETX
M3TECH --> XOXTECH
MACPIE --> XOXNET
ASTRAL Supreme--> VIZIONE (5 merge into 1 shares, price adjust from 5c to 25c, dropping again)

Is it costly to keep changing company names?
YES.
1 Government filing fees
2. Legal cost, need lawyer to prepare documents
3. Updating logo,marketing material,signboard,letterhead can be expensive
4. Domain name,website,register new trademark
5. Time,administrative,updating account, marketing material ,customer and vend
or notifications
6. Resources, internal team,staff,,contractors wasting lots of time
7. IT team need to waste time updating digital asset
In conclusion, companies that change name often are not productive. One can study its quarterly financial report and notice revenue as good as non-existent and loses increasing.
Do you see good solid company like Public Bank change name before? The day it happen, run for your life. When you see Conmen Sdn Bhd change to Conmen-new Sdb Bhd, the SOP is to RUSH OUT not RUSH IN

haziqaz

199 posts

Posted by haziqaz > 2024-10-06 18:16 | Report Abuse

MMAG Holdings, Syarikat Mafia korporat Victor Chin Boon Long rugi dan bermasalah kewangan diklasifikasikan GN3

https://the-corporatesecrets.com/blog/2024/10/06/mmag-holdings-syarikat-mafia-korporat-victor-chin-boon-long-rugi-dan-bermasalah-kewangan-diklasifikasikan-gn3/

speakup

27,373 posts

Posted by speakup > 2024-10-06 21:04 | Report Abuse

1 year ago mmag was only 7sen!

haziqaz

199 posts

Posted by haziqaz > 2024-10-08 06:02 | Report Abuse

FAIL sulit mafia korporat Victor Chin didedahkan semula selepas beliau kembali sebagai Pengarah Eksekutif MMAG Holdings

https://the-corporatesecrets.com/blog/2024/10/07/fail-sulit-mafia-korporat-victor-chin-didedahkan-semula-selepas-beliau-kembali-sebagai-pengarah-eksekutif-mmag-holdings/

UnicornP

2,870 posts

Posted by UnicornP > 2 months ago | Report Abuse

Goleng

Zachzach

1,393 posts

Posted by Zachzach > 2 months ago | Report Abuse

How far mmag can go??

651158

2,404 posts

Posted by 651158 > 2 months ago | Report Abuse

maybe can go to the moon

MattSon

54 posts

Posted by MattSon > 2 months ago | Report Abuse

MMAG gets GN3 status waiver from Bursa Securities

https://theedgemalaysia.com/node/734302

speakup

27,373 posts

Posted by speakup > 3 weeks ago | Report Abuse

Ni Victor Chin memang kuat goreng

abcb

3,119 posts

Posted by abcb > 3 weeks ago | Report Abuse

TP5.00

citycop

1 posts

Posted by citycop > 3 weeks ago | Report Abuse

MMAG proposes RM270m share capital reduction to reduce accumulated losses
https://theedgemalaysia.com/node/736893

651158

2,404 posts

Posted by 651158 > 3 weeks ago | Report Abuse

one day show only big trap big fish eat small fish

speakup

27,373 posts

Posted by speakup > 3 weeks ago | Report Abuse

Don't play play with Victor Chin
If he give u money, good
If he take your money, don't cry

limch

3,336 posts

Posted by limch > 3 weeks ago | Report Abuse

MMAG the only Victor Chin counter? Why his other counters no goreng?

hinakojw

32 posts

Posted by hinakojw > 3 weeks ago | Report Abuse

Chart AI shows is near to turning points.....
Need both sharks & ikan bilis to goreng, else.....

Posted by wallstreetrookieNEW > 8 hours ago | Report Abuse

Even small cap is down?

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