MAG HOLDINGS BERHAD

KLSE (MYR): MAG (0095)

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Last Price

0.18

Today's Change

0.00 (0.00%)

Day's Change

0.18 - 0.18

Trading Volume

30,000


9 people like this.

7,195 comment(s). Last comment by Michael Kwok 4 days ago

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-24 20:35 | Report Abuse

This will be the normal pattern for MAG right now, since there is no space for goreng as the insiders hold much shares (almost 75%).

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-24 20:37 | Report Abuse

Few possible scenarios are:
1) Privatization like Hock Seng Lee
2) Holding shares until certain IBs intend to invest
3) Director hold shares to goreng/dispose when the stock reaches his TP

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-24 20:43 | Report Abuse

B2 Comparison with immediate preceeding quarter’s results (cont’d)
Despite lower revenue for the current quarter, gross profit for the current quarter increased to
RM8.12 million as compared to RM7.47 million in the preceeding quarter mainly due to higher
gross margin from North Cube Sdn Bhd.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-24 20:47 | Report Abuse

^So, there will be a potentially higher revenue for MAG in the next QR thanks to festives such as CNY that is frequently associated with high prawn consumption.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-25 09:17 | Report Abuse

Just like what I predicted, only up for 1 sen and then stay frozen like the frozen prawns they sell. Won't have goreng.

thesteward

6,782 posts

Posted by thesteward > 2022-02-26 12:24 | Report Abuse

Directors has the faith to collect so much why scared . They do confident n walk the talk Ma.
Once break 25 could spike . Patient lo

thesteward

6,782 posts

Posted by thesteward > 2022-02-26 12:24 | Report Abuse

Bot many retailers di here. All washed like Clorox Bersih

thesteward

6,782 posts

Posted by thesteward > 2022-02-26 12:25 | Report Abuse

Once if break 30 interest Ma come back lo

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-26 12:59 | Report Abuse

Lol, almost no retailers dy. Don't you see how much shares the director and private company owns? General public only owns less than 5%.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-26 13:01 | Report Abuse

All the retailers here are mostly long term growth seekers if not mistaken.

newguy0801

1,616 posts

Posted by newguy0801 > 2022-02-26 13:02 | Report Abuse

I am not scared too lol, since this stock is literally the definition of chill

thesteward

6,782 posts

Posted by thesteward > 2022-02-26 22:08 | Report Abuse

Not not bot typo

thesteward

6,782 posts

Posted by thesteward > 2022-02-26 22:10 | Report Abuse

Today the Edge got article on Mag. Pretty good I see the prospect . The co is in net cash position some more . Come on Mag gogo 50 sen . Food is the era now !

Posted by superman7181 > 2022-03-07 12:00 | Report Abuse

hmm 205 , seems may be able to buy back at 200/195 soon ?

newguy0801

1,616 posts

Posted by newguy0801 > 2022-03-07 18:48 | Report Abuse

Maybe can

Posted by Kucupkilo > 2022-03-07 21:07 | Report Abuse

" tunggu... tunggu... tunggu... punya tunggu... itu Bulan Purnama tak kunjung tiba..."
- P.Ramlee, Seniman Bujang Lapok-

Posted by superman7181 > 2022-04-14 09:33 | Report Abuse

Boss court case ..

mystery

506 posts

Posted by mystery > 2022-04-14 14:52 | Report Abuse

is 0.18 possible?

Let's Gooooo

1,616 posts

Posted by Let's Gooooo > 2022-04-14 14:57 | Report Abuse

Even lower is possible. When one of the exec beat the guard, the share price dropped to lower prices

Posted by superman7181 > 2022-04-20 19:31 | Report Abuse

After awhile , boss bought in again

Posted by Paktua Second > 2022-05-19 10:24 | Report Abuse

Lousy counter

MZM2511

4,549 posts

Posted by MZM2511 > 2022-05-26 22:23 | Report Abuse

Good QR

Posted by TheRealJhoLow > 2022-05-31 15:25 | Report Abuse

Court case fail... prepare for a dump down in this counter

Posted by TheRealJhoLow > 2022-05-31 15:26 | Report Abuse

Boss was charged and guilty for money laundering

Posted by Paktua Second > 2022-06-07 15:16 | Report Abuse

For those who are still hold, just sell. No future already

Posted by Paktua Second > 2022-06-10 11:56 | Report Abuse

I know you all here because of suggestion by Magic man

Posted by Paktua Second > 2022-07-01 09:38 | Report Abuse

Now Magic Man or Magic Room silent already right about this counter? Got scam?

VTrade

2,434 posts

Posted by VTrade > 2022-08-03 10:44 | Report Abuse

Jjptr ada ape tanda ke?

Shines

2,824 posts

Posted by Shines > 2022-09-02 17:21 | Report Abuse

Aim to be top 3, why not aim to be in the black first.

MZM2511

4,549 posts

Posted by MZM2511 > 2022-09-06 07:56 | Report Abuse

MAG Holdings aims to be top three aquaculture player in Malaysia

Meanwhile, MAG posted a net profit of RM17.52 million in the full FY22, on the back of a revenue of RM135.44 million.

No comparative financial information was available for the preceding year's corresponding period as the company changed its financial year end to June 30 from December 31.

It said the net profit recorded for the 12 months was mainly due to its aquaculture and food processing business contribution.

However, the company slipped into a net loss of RM2.39 million in the fourth quarter (Q4) despite recording revenue of RM60.49 million.

MZM2511

4,549 posts

Posted by MZM2511 > 2022-11-30 18:00 | Report Abuse

Improved QR1 2023...

Posted by Paktua Second > 2023-01-13 16:57 | Report Abuse

Scam counter. Single handed operated. Counter cuci duit

5354_

4,797 posts

Posted by 5354_ > 2023-03-01 09:30 | Report Abuse

QR not bad. Net cash improve to 6 sen per share. Why nobody ask for dividend or free W?

Posted by comebackkid > 2023-03-01 19:25 | Report Abuse

Takers of private placement shares probably can't wait to sell.

ajaaja

459 posts

Posted by ajaaja > 2023-06-02 11:03 | Report Abuse

huge vol is back ..

newbie9893

2,366 posts

Posted by newbie9893 > 2023-06-02 12:05 | Report Abuse

mag...best buy@0.21






newbie9893

2,366 posts

Posted by newbie9893 > 2023-06-02 12:06 | Report Abuse

next counter to be goreng up kaw kaw...sapu MAG-WB & WC now

ajaaja

459 posts

Posted by ajaaja > 2023-06-02 12:45 | Report Abuse

Posted by newbie9893 > 37 minutes ago | Report Abuse

next counter to be goreng up kaw kaw...sapu MAG-WB & WC now
====================================
done. Manage to get WB aaat 0005 tadi .. quite a lot .. hehehe

ajaaja

459 posts

Posted by ajaaja > 2023-06-02 12:46 | Report Abuse

Private Placement - otw ? (2nd tranches ? ) . Anyone know ?

If yes , then same case with Vsolar this tadi .. spike in price ..

MZM2511

4,549 posts

Posted by MZM2511 > 2023-06-02 20:50 | Report Abuse

Types of corporate proposal Private Placement
Details of corporate proposal PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MAG ("MAG SHARES" OR "SHARES") REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MAG ("PRIVATE PLACEMENT")
No. of shares issued under this corporate proposal 24,331,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1750

Latest issued share capital after the above corporate proposal in the following
Units 1,587,655,765
Issued Share Capital ($$) Malaysian Ringgit (MYR) 533,644,508.320
Listing Date 16 Feb 2023


Remarks :

The listing of the SECOND AND FINAL TRANCHE of 24,331,000 new MAG Shares pursuant to the Private Placement marks THE COMPLETION of the Private Placement.

MZM2511

4,549 posts

Posted by MZM2511 > 2023-06-02 20:57 | Report Abuse

Please refer this announcement:
https://malaysiastock.biz/Company-Announcement.aspx?id=1461252

Posted by Undilah_DAP > 2023-06-08 15:55 | Report Abuse

50 sen by PRN Penang possible?

mectronx

66 posts

Posted by mectronx > 2023-06-08 15:58 | Report Abuse

50sen boleh la

Posted by Srsm Trader > 2023-06-13 15:27 | Report Abuse

looking good.

Posted by Srsm Trader > 2023-06-13 15:27 | Report Abuse

collect

Posted by Srsm Trader > 2023-06-14 09:23 | Report Abuse

lai.. lai.. udang2.. collect more.

Posted by Srsm Trader > 2023-06-15 11:57 | Report Abuse

collect

stainlyho37

2,275 posts

Posted by stainlyho37 > 2023-06-19 11:43 | Report Abuse

watch out now..!!!

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