so undervalue stock also no people see ? literally a gold mine.. Pertama shoot from rm0.7 - rm3 , Im calling this first and last time. Mag will hit rm1.5
A bit dissapointing.. but not all that bad..considering most companies are reporting losses or lower profits. Its revenue was up but margins dropped to about 13% ...still backed up by net assets per share of 47 sen.. Hopefully it uses its cash to generate more profits in the quarters ahead...
bought a few MAG at 0.175 (9.00am, 2 september 2024), my very first ace market stock. revenue / EPS improved a lot, still can get at lowest pre QR price of 0.175, net asset > total liabilities. annualized current QR PE is less than 5. pawn business is a never sunset business while mag's prawn business is shown to be growing.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Shines
2,824 posts
Posted by Shines > 2023-09-05 12:24 | Report Abuse
Final div proposed, still a long way to go, needs approval during AGM, then only fixed the xd and pd