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

28,200


9 people like this.

7,195 comment(s). Last comment by Michael Kwok 1 day ago

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-26 16:00 | Report Abuse

same pattern like utopia,compugate and talamt..kikikiki. Conman counter..

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-26 16:02 | Report Abuse

If you want to know how this type of syndicate play, just take a look at tiger synergy.Same play style. Will drop back to lowest price. kikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-26 16:19 | Report Abuse

There's no MOA neither HOA between them. Announcement already mentioned. It's only a JV with each company will contribute their own sum of amount for the mentioned projects. There's no document sign yet. Kikikiki

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2015-05-26 16:23 | Report Abuse

Anyone knows whether their factory was starting to built at Klang or not since it is the end of the May already?

bangonluck

1,360 posts

Posted by bangonluck > 2015-05-26 16:49 | Report Abuse

81m warrant off mkt at 0.012... WTF!!!

richman

10,110 posts

Posted by richman > 2015-05-26 16:52 | Report Abuse

wow this is less than 2 cts

miracledy

252 posts

Posted by miracledy > 2015-05-26 17:27 | Report Abuse

Thanks xinghe, giv us hope, Hope can go up to 0.250 ...then hooray.... !

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-26 17:39 | Report Abuse

Kikikiki. When burnt then want to believed. The syndicate is disposing and laughing all the way to the bank. Wakakaka

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-26 17:40 | Report Abuse

Soon will be the next tiger. Kikikiki

gick891214

923 posts

Posted by gick891214 > 2015-05-26 22:05 | Report Abuse

we will know bull , bear or tiger on tomorrow... waiting for the show...

Chinaboleh

687 posts

Posted by Chinaboleh > 2015-05-27 03:20 | Report Abuse

Never lose money since listing one 1 year. Why only 7sen? Should trade at NTA(16 sen) only fair.

rlch

4,142 posts

Posted by rlch > 2015-05-27 04:07 | Report Abuse

If trade at IFCA(no 1 hot stocks) PE(23.97) Xinghe should worth 50.5sen. Why only 7sen now?

http://klse.i3investor.com/servlets/stk/fin/0095.jsp
http://klse.i3investor.com/servlets/stk/fin/0023.jsp

gick891214

923 posts

Posted by gick891214 > 2015-05-27 07:16 | Report Abuse

If 50 cent then warrant also 40 cent... Haha

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-27 07:37 | Report Abuse

Never lose money all fake one. Don't compare with ifca. Ifca is a local crony company. It' now only 7 sen because they con your money. Kikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-27 07:39 | Report Abuse

This type of mainland play style we have witnessed so many times dy. it will never touch 10 sen. The worst is it will never pass by 7 sen and will go down lower. See to believe. It will not take long time to happen.

bangonluck

1,360 posts

Posted by bangonluck > 2015-05-27 07:51 | Report Abuse

skyjuice, there will be risk in whichever company you invested in. Understood that it is much much much higher risks in investing in China co. given the trends and past experience. But a lot of people still hoping Xinghe will be a miracle and the 1 (like the 1 in Matrix) which defy all the odds and becoming the most successful China co. in Bursa. I personally have invested in this co. due to the prospect and strong balance sheet. But I also have my doubt on this company as they have no fulfill their promises such as dividend payment. Holding so much cash but not paying a single cents dividend. Quite disappointed. I really hope the auditors doing a good job in auditing the existence of the assets. Losing faith with the audit quality nowadays after so many accounting scandals.... Not sure we can't trust the auditor even the Big 4 anymore with the potential biggest accounting scandal in Malaysia. Good luck everyone and happy investing!!

miracledy

252 posts

Posted by miracledy > 2015-05-27 09:20 | Report Abuse

Thanks Bangonluck !

bangonluck

1,360 posts

Posted by bangonluck > 2015-05-27 09:42 | Report Abuse

if not mistaken, the profit guarantee is till end of the year. we have another 3 more quarters to play....

lclwyp

691 posts

Posted by lclwyp > 2015-05-27 09:45 | Report Abuse

Go and attend AGM to be convened and question the directors why no dividend being declared!

bangonluck

1,360 posts

Posted by bangonluck > 2015-05-27 09:54 | Report Abuse

when is the AGM btw?

miracledy

252 posts

Posted by miracledy > 2015-05-27 10:06 | Report Abuse

Bangonluck @ u try register N see it... http://www.nextview.com/quote.php?country=my&ss2=0095

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2015-05-27 10:54 | Report Abuse

What happen for the warrant? Keep dropping with so huge volume at 0.020!!! The mother share also suddenly drop back to 0.060!!! Really a typical China company! Hopeless ...

lclwyp

691 posts

Posted by lclwyp > 2015-05-27 10:55 | Report Abuse

0.06 & 0.015 for warrants now. CONMAN

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-27 11:02 | Report Abuse

Kikiki. Now after burnt all your hard earn monies, would you believes?

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-27 11:02 | Report Abuse

Dare to dream with conman china companies? Kikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-27 11:03 | Report Abuse

Better cut lost now than never..wakakakaka

bangonluck

1,360 posts

Posted by bangonluck > 2015-05-27 11:06 | Report Abuse

relax skyjuice2....

lclwyp

691 posts

Posted by lclwyp > 2015-05-27 11:10 | Report Abuse

why no UMA on this counter???

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2015-05-27 11:15 | Report Abuse

Why got so huge volumes continuously throwing at 0.020 for the warrant? Is their company going to bankruptcy? Anyone knows any insider news? Really scare of this stock! The trend is only dropping, never up after giving the free warrant. My hard earn money are gone :(

craptree

4,356 posts

Posted by craptree > 2015-05-27 11:17 | Report Abuse

most active conmen counter.....

richman

10,110 posts

Posted by richman > 2015-05-27 11:20 | Report Abuse

do not buy china companies stay out for God sake

lclwyp

691 posts

Posted by lclwyp > 2015-05-27 11:23 | Report Abuse

Seems too late to cut loss now unless no holding power. Hope for limited downside risk. Those who had invested this counter have to pray for miracle to happen.

bangonluck

1,360 posts

Posted by bangonluck > 2015-05-27 11:28 | Report Abuse

when down, conmen counter, when up god counters.... hahahaha

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-27 11:38 | Report Abuse

No matter its up or down, penny or non penny counter. As long it is a china man company it tasks is only to con peoples money. Kikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-27 11:38 | Report Abuse

Be prepared for the set the lowest 52 week record. Wakakaka

richman

10,110 posts

Posted by richman > 2015-05-27 11:39 | Report Abuse

very funny warrants got long way to go to expiry unless mum die early

richman

10,110 posts

Posted by richman > 2015-05-27 11:44 | Report Abuse

another counter to BEWARE is Kanger

TTNTK

45 posts

Posted by TTNTK > 2015-05-27 11:44 | Report Abuse

Hopefully Bursa will investigate this counter due to the unusually high volume.

richman

10,110 posts

Posted by richman > 2015-05-27 11:47 | Report Abuse

fat hopes bursa will investigate. Bursa needs to be investigated

TTNTK

45 posts

Posted by TTNTK > 2015-05-27 11:49 | Report Abuse

Back to 6 cents ... who would sell at 6 cents when so many buyers at 7 cents?

richman

10,110 posts

Posted by richman > 2015-05-27 11:49 | Report Abuse

only went once into warrants at 2.5cts then sold 3 cts then went again 2.5 cts and lost brokerage.after that told myself keep out

TTNTK

45 posts

Posted by TTNTK > 2015-05-27 14:36 | Report Abuse

someone is buying a lot, but stock keeps getting refreshed.

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-27 15:11 | Report Abuse

Come on. This simple game also you can get conned. Its not someone buying alot. Its their game play from right to left hand. Create huge vol to lure all the ikan bilis. Next time please remeber deep in your thought this kind of play. It already exists long long time ago.

skyjuice2

213 posts

Posted by skyjuice2 > 2015-05-27 15:16 | Report Abuse

You can see this type of syndicate play on many counters. Good example is tiger. The vol keep refresh few hundres millions daily for more than half year. End of story you see what is the price tiger now. Kikikiki

craptree

4,356 posts

Posted by craptree > 2015-05-27 15:41 | Report Abuse

conmen counter..... rank 1st in volume and also rank 1st in lausai..... kikiiii

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2015-05-27 16:08 | Report Abuse

Another trap is setting up with huge volumes of mother stock, be careful everybody! Will make you get another trap later if you buy the stock again! Really be extra careful with its huge amount selling later!

TTNTK

45 posts

Posted by TTNTK > 2015-05-27 16:09 | Report Abuse

There are Malaysian counters with similar trends. For example, isn't the trend for BJLand under Berjaya group similar?

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2015-05-27 16:15 | Report Abuse

If no loss too much, better sell all and leave far far away! I had been bought since the day of free warrant until now, it never get up, only will downtrend to the lower and lower. I am guessing their factory at Klang project whether is cancelled or their report is too bad result! Stock surely is up and down but this stock is only down further and further from my observation! Really scaring!

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2015-05-27 16:33 | Report Abuse

The warrant even worse, from the day i bought at 0.050 & 0.045 until now, only is downward to 0.020, everyday keep dropping to 0.025 and today suddenly down further to 0.020 (don't know why the warrant no allow to up, only can down) and finally i surrender! Really hopeless counter!

lclwyp

691 posts

Posted by lclwyp > 2015-05-27 16:36 | Report Abuse

JoshuaMS7, plan to sell ALL now or wait til quarterly results out this month or continue keeping?

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