Posted by protrader888 > 2020-11-16 10:43 | Report Abuse

0.505 now, another vivocom is coming !

Posted by Jason875 > 2020-11-16 10:48 | Report Abuse

Hi vinz85, I'm using a paid stock software call Homilychart, it'll show the proportion of those investor, big shark was in since last Thursday and reach around 40% on Friday.

Posted by vinz85 > 2020-11-16 10:53 | Report Abuse

noted Jason..thanks for the info

Posted by vinz85 > 2020-11-16 10:53 | Report Abuse

but this counter last time corn alot of ppl....now rise a bit then alot ppl throw

Posted by Jason875 > 2020-11-16 10:56 | Report Abuse

As long as the big shark is still there, the stock will continue to rise. but if MMAG can't break 0.535 on this week, maybe will become a sideways trend before the quarter result is out.

Posted by protrader888 > 2020-11-16 14:36 | Report Abuse

Another vivocom is coming !

Posted by kingstock007 > 2020-11-16 14:50 | Report Abuse

set your plan and don't care if the shark is fierce or not... we all love fierce shark ..don't we..haha...

Posted by Jason875 > 2020-11-16 14:59 | Report Abuse

see~ coming up to 0.520
ikan bilis like us just need to follow the shark in shark out, hehehe

Posted by vinz85 > 2020-11-16 15:21 | Report Abuse

ixzit son hard move..tat y mother move very slow?

Posted by Ezitrade > 2020-11-16 15:22 | Report Abuse

hello shark. kasi clear 0.54 laaa

Posted by air01557 > 2020-11-16 15:22 | Report Abuse

MMAG may limit up

Posted by vinz85 > 2020-11-16 15:25 | Report Abuse

limit up I think hard...

Posted by Jason875 > 2020-11-16 15:45 | Report Abuse

if really limit up I will run 1st...lol, coz from MMAG history, limit up came along with limit down

Posted by GorengHealthcare > 2020-11-16 15:46 | Report Abuse

wah mmag nice profit. take first revisit back at lower price.

Posted by Ezitrade > 2020-11-16 15:47 | Report Abuse

haha...ok la I set TP 0.775

Posted by air01557 > 2020-11-16 15:50 | Report Abuse

Strong accumulation going on

Posted by vinz85 > 2020-11-16 17:17 | Report Abuse

announcement change director

Posted by WhosUrDaddy > 2020-11-16 17:29 | Report Abuse

CFO change to Director
so will change to company direction?

Posted by vinz85 > 2020-11-16 17:29 | Report Abuse

CFO mean?
donno wor

Posted by vinz85 > 2020-11-16 17:33 | Report Abuse

omg.....I don't think is good news....account department become Director

Posted by abc123_2020 > 2020-11-16 17:54 | Report Abuse

MMAG joint logistics sector

E-commerce growth has been very strong since five (5) years ago and with the current Covid19 pandemic, has accelerated the growth in the e-commerce with over 149% surge in online
sales in Malaysia in the first few months of 2020, based on a research study by
Commerce.Asia. More consumers have begun shopping online in greater number and
frequency and forcing small and/or traditional businesses have gone or are going digital. Ecommerce also enables the businesses to reach out not only to the domestic market but also
to the world-wide market.
Furthermore, the internet economy in Southeast Asia is expected to grow to USD300 billion
by 2025 – a prediction made by Google, Temasek and Bain & Co in a 2019 report.
The companies are under pressure to keep up with building their e-commerce offerings to
meet customers’ expectations and thus, requires making some type of change to their
distribution strategy. To overcome the limitations in its existing infrastructure, many
companies are opting to partner with a third-party logistics company to augment their inhouse resources and capabilities, enabling them to scale quickly and effectively to capitalise
on e-commerce opportunities.
The evolving demand of e-commerce and customers’ expectations especially in speed of
delivery and predictability of delivery times are main contributing factors to the growth in the
air cargo logistics industry particularly the freighter planes as many passenger airlines which
previously many logistics companies have relied on their belly space for cargo are no longer
in service and this has caused serious shortage of cargo space and delays in deliveries.
Other than that, in view of the current pandemic whereby medical and biosecurity related
logistics catering to products such as medicines, test kits, vaccines, PPE and etc as well as
high value and electronics products are widely sought after which requires timely delivery.
Furthermore, as air cargo industry is a highly regulated with high barriers to entry with only
four (4) major air cargo operators in Malaysia at the moment, the supply is very scarce, but
demand is on the rise. Therefore, the Proposed Acquisition will allow MMAG Group to expand
its network and connectivity domestically and internationally.
Premised on the above, the Board believes that it is timely for MMAG Group to enter this
strategic investment to build up its infrastructure and competitive strength as well as riding on
the wave of increasing demand in logistics services. Hence, it is expected to generate positive
income to MMAG Group.

Posted by Jason875 > 2020-11-16 18:02 | Report Abuse

haha steady, CFO is the big one under chairman & CEO, not account department...

Posted by Matt2020 > 2020-11-16 18:17 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3105194

Posted by sengkee > 2020-11-16 18:22 | Report Abuse

Up from 0.35 to 0.56. Price already factored in this news? Still can buy?

Posted by kingstock007 > 2020-11-16 19:34 | Report Abuse

aiya....look at last two months..
people who jump in is short term kaki, long term kaki will not jump in..you see? haha

Posted by Matt2020 > 2020-11-16 22:27 | Report Abuse

https://www.theedgemarkets.com/article/ict-player-mmag-takes-80-stake-chartered-flight-company-rm21m

Posted by Jason875 > 2020-11-16 22:32 | Report Abuse

Ladies and gentlemen, Please Fasten Your Seat Belt!

https://www.theedgemarkets.com/article/ict-player-mmag-takes-80-stake-chartered-flight-company-rm21m

Posted by vinz85 > 2020-11-16 22:48 | Report Abuse

good news?

Posted by Arjuna60 > 2020-11-17 00:16 | Report Abuse

that is good news..,..

Posted by MrRightTiming > 2020-11-17 02:16 | Report Abuse

Good news la!

“Due to the current COVID-19 pandemic, there has been a surge of demand in e-commerce but regrettably most passenger airplanes are currently not in service. This led to a serious shortage of courier space to cross-border destinations such as East Malaysia as the delivery services were previously substantially fulfilled by riding on the passenger belly space of the airlines and the waiting time for an available space may take up to 14 days currently.

"Hence, with the acquisition of M Jets, MMAG Group will be able to have its own planned schedule for timely delivery and reduce the need for the use of a third-party agent,” said MMAG executive director Kenny Khow.

The acquisition, said MMAG, will allow the group to expand its network and connectivity domestically and internationally to include both land and air logistics.

That's why share price rises up. Now news out got potential to go up even further cause of future prospects

Posted by Survivor13 > 2020-11-17 07:47 | Report Abuse

limit up again this time. Courier and logistic business ..go go go

Posted by vinz85 > 2020-11-17 09:03 | Report Abuse

all sell on news

Posted by TradeNoWar > 2020-11-17 09:42 | Report Abuse

Yes true sell on news.. pandalela renong now..

Posted by GorengHealthcare > 2020-11-17 09:42 | Report Abuse

wah sell on news. Luckily profit taken.

Let's Q back below 40 sen. No greedy2 this Magazine

Posted by Jason875 > 2020-11-17 10:07 | Report Abuse

wah why all so panic selling? I will look to further increase for the business expansion

Posted by aziz5623 > 2020-11-17 10:31 | Report Abuse

Need to hold or sell

Posted by free2rhyme0628 > 2020-11-17 10:46 | Report Abuse

Hold

Posted by Jason875 > 2020-11-17 10:46 | Report Abuse

aziz5623, depends on you, if u just wanna take some profit and your goal has been achieved, just sell. But I am more greedy, I guess the direction of this expansion is good and I see the potential, so I will hold and observe for at least a week.

Posted by xuxu > 2020-11-17 11:25 | Report Abuse

back to sleeping mode

Posted by aziz5623 > 2020-11-17 11:27 | Report Abuse

jason875, have not made a profit yet. I once experienced a counter like this, i hope didnt happen again. how long it will increased to .50 again

Posted by protrader888 > 2020-11-17 11:33 | Report Abuse

Will rise back. Stay tuned.

Posted by GoUpUp > 2020-11-17 11:46 | Report Abuse

Vaccine news only caused market sentiment volatility... looks like our KLSE is too dependent on the glove related counters

Posted by GoUpUp > 2020-11-17 11:48 | Report Abuse

But I believe once the panic of the morning subsides common sense will return

Posted by steveninvest > 2020-11-17 11:57 | Report Abuse

It acquired the airline company, which is the good news. I believe it will begin to rise like airasia stock. Continue to hold..

Posted by protrader888 > 2020-11-17 15:42 | Report Abuse

Rising back now !

Posted by GoUpUp > 2020-11-17 16:43 | Report Abuse

Hope you guys managed to buy in more at low price

Posted by HTCS > 2020-11-18 00:21 | Report Abuse

The price still low .Accumulating .Depart soon.

Posted by aziz5623 > 2020-11-18 09:14 | Report Abuse

I think its just fake breakout, just to trap ikan bilis like us. Now price just come back swing. Dunno when it will rise again

Posted by Jason875 > 2020-11-18 09:19 | Report Abuse

Just now suddenly drop to 0.380, scared die me....fortunately it rise again, and the big capital still inside around 40%

Posted by protrader888 > 2020-11-18 09:23 | Report Abuse

Another vivocom is coming !