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

24,400


9 people like this.

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

gick891214

923 posts

Posted by gick891214 > 2015-06-06 17:40 | Report Abuse

undervalued share.... buy and keep in the fridge... go go go

Posted by peanut__oil > 2015-06-06 20:17 | Report Abuse

Peanut oil is nice and healthy.

lclwyp

691 posts

Posted by lclwyp > 2015-06-06 22:19 | Report Abuse

Xinghe is too small to b listed on China bourses

AyamMuda1

45 posts

Posted by AyamMuda1 > 2015-06-06 23:23 | Report Abuse

Where is AyamTua? If he want to promote all his counters must target those in i3 hot counters like IFCA, Frontkn, etc. The people there are loaded with cash not people here.

Ezra

59 posts

Posted by Ezra > 2015-06-07 00:38 | Report Abuse

Fancy seeing you here tkp1...we can always use an investor with eyes on the horizon ahead such as yourself...xinghe is like a seed which has yet to germinate...when the time's right...when market is ready to re-value it according to known facts and figures...anytime between now and March next year...it will break grounds and touch a new high.

Based on past PE trajectory, tp based on Q1 2015 results should rightly traverse between 24 - 95 sen per share and 14 - 85 sen per warrant. Much depends on how soon the market will wise up.

The spectre of Chinese 'too good to be true' stocks like I pointed before is blown out of proportion and do not apply to Xinghe whose audited fundamentals are as strong as if not better than CAP.

Apart from CAP, Xinghe has been in the news since March 2014 when it was reportedly the sixth largest edible oil manufacturer in China.

There was a good reason as to why Key West Global Telecommunications Berhad voted in favour of an RTO exercise by Xinghe's principal promoter. These fundamentals remain unchanged even today. In fact, they have broken new grounds with the latest Q1 2015 results.

The only reason it has yet to escalate is because someone or some people are brazenly cornering the market for the purpose of creating an artificially low priced environment in which they can accumulate a greater number of shares and warrants on the cheap.

A chance discovery by lclwyp has led us to conclude that persons unknown to us have been given exclusive passes to queue up orders even before 8.30am the standard time allowed for the rest of us to begin listing our orders.

This perpetuates an unfair incentive for the operators to repeatedly profit at the expense of the general market.

It's best Securities Commission and Bursa be notified to put a stop to these shenanigans that time and again prevent the general market from initiating or even sustaining a rally of its own that should have taken place last Monday of 1 June 2015.

Some may feel otherwise, but I feel an opportunity was lost and continues to be lost to this date as long as some of these operators are given unfettered access to queue orders before the 8.30am and so are able to beat the queue everytime market re-opens.

In fact, they're effectively stopping a rally from progressing to a new high through their stranglehold tactics.

Does this mean we will not see a rally soon in these coming weeks? The answer is a binary yes and no.

It's a yes, if market continues to believe that neither the news report nor financial results are worth the paper they're written on. Or no, the rally may begin earlier than expected the moment market wises up to the fact both the stock and warrant are grossly undervalued.

Let's hope reason will prevail in everyone involved so we may begin to see a more sensible trading season.

gick891214

923 posts

Posted by gick891214 > 2015-06-07 08:17 | Report Abuse

Nice explanation,Ezra.

lclwyp

691 posts

Posted by lclwyp > 2015-06-07 19:58 | Report Abuse

Per Sin Chew biz tmr, Bursa MktPLC recommended 5 potential counters & Xinghe is one of them!

Chinaboleh

687 posts

Posted by Chinaboleh > 2015-06-07 20:09 | Report Abuse

TP 17sen.

gick891214

923 posts

Posted by gick891214 > 2015-06-07 20:12 | Report Abuse

any link?

Chinaboleh

687 posts

Posted by Chinaboleh > 2015-06-07 20:14 | Report Abuse

http://www.bursamarketplace.com/index.php
Click 5 biggest potential gainers

gick891214

923 posts

Posted by gick891214 > 2015-06-07 20:20 | Report Abuse

thanks bro

Andyghk

50 posts

Posted by Andyghk > 2015-06-07 20:50 | Report Abuse

Company actual value will be net asset 21 cents ,if corner the price lower must replace back the volume... If share price strong rebound will facing great losses.

Tips88

120 posts

Posted by Tips88 > 2015-06-07 21:58 | Report Abuse

XingHe TP 1.00
XingHe-wa TP0.50

BUy call.........
No cut lose

Tips88

120 posts

Posted by Tips88 > 2015-06-07 21:59 | Report Abuse

Baru cakap TP, SinChew terus introduce Xing He. Sama with my boss tell one

gick891214

923 posts

Posted by gick891214 > 2015-06-08 07:06 | Report Abuse

All the best to everyone... Cheers

gick891214

923 posts

Posted by gick891214 > 2015-06-08 07:06 | Report Abuse

All people at here very professional.. Haha

gick891214

923 posts

Posted by gick891214 > 2015-06-08 07:40 | Report Abuse

Plan to top up some more...

rlch

4,142 posts

Posted by rlch > 2015-06-08 09:14 | Report Abuse

No 1 volume. 100% buy rate until now. Buy more today to get more dividend from cheapest dividend paying stocks.

Tips88

120 posts

Posted by Tips88 > 2015-06-08 09:20 | Report Abuse

selling Q parking at 370 mother , and 320 at son........buy call

Tips88

120 posts

Posted by Tips88 > 2015-06-08 09:48 | Report Abuse

ready gentlemen ...........see some blink blink soon

Tips88

120 posts

Posted by Tips88 > 2015-06-08 10:53 | Report Abuse

sabar kawan, must wait warrant together fly ma

skyjuice2

213 posts

Posted by skyjuice2 > 2015-06-08 10:56 | Report Abuse

Don't used the word con man. I already told you hundred times already. Kikikikiki

datoHW

59 posts

Posted by datoHW > 2015-06-08 11:00 | Report Abuse

What's the reason for the big player to keep maintaining the price at 0.070?

skyjuice2

213 posts

Posted by skyjuice2 > 2015-06-08 11:05 | Report Abuse

DatoHW. No one knows. But it have the same play like tiger. See tiger movement. Kikiki

Tips88

120 posts

Posted by Tips88 > 2015-06-08 11:23 | Report Abuse

today mother will touch 0.090 , son 0.030

datoHW

59 posts

Posted by datoHW > 2015-06-08 11:31 | Report Abuse

What's your basis, Tips88?

Posted by Hooihin Yong > 2015-06-08 11:31 | Report Abuse

price controlled item - 7sen

lclwyp

691 posts

Posted by lclwyp > 2015-06-08 11:34 | Report Abuse

I will be glad If can close above 0.07 today

gick891214

923 posts

Posted by gick891214 > 2015-06-08 11:40 | Report Abuse

tips88: are you so confident ? i see the market become slow down after 70k lots stop at 7 cents.... everyone cheers...

datoHW

59 posts

Posted by datoHW > 2015-06-08 11:44 | Report Abuse

AyamTua, you are entertaining.

datoHW

59 posts

Posted by datoHW > 2015-06-08 11:46 | Report Abuse

AyamTua, what stocks do you hold? hahaha

datoHW

59 posts

Posted by datoHW > 2015-06-08 12:07 | Report Abuse

Seems like 0.070 will be down soon. However, based on the previous trend, someone will suddenly sell 80,000 lots again at the same price. Let's see if the history repeats

gick891214

923 posts

Posted by gick891214 > 2015-06-08 12:09 | Report Abuse

anyone wants to buy 8k of 7 cents? haha ... then moving forward

gick891214

923 posts

Posted by gick891214 > 2015-06-08 12:12 | Report Abuse

40k somemore ><

Posted by Hooihin Yong > 2015-06-08 12:15 | Report Abuse

3 rounds of 10k lots each finished makan, now another 5K thrown out at 7s.

datoHW

59 posts

Posted by datoHW > 2015-06-08 12:20 | Report Abuse

First half ending soon. Let's see if there is any movement in the second half.

freemason

55 posts

Posted by freemason > 2015-06-08 12:20 | Report Abuse

the exercise to weed out the boys from the men continues by the one who is moving the price

angku

489 posts

Posted by angku > 2015-06-08 12:23 | Report Abuse

AyamTua's posts are very funny! Haha!

Posted by peiyen2006 > 2015-06-08 12:29 | Report Abuse

It will never go up. Save your money till privatization 3 mos fr now

gick891214

923 posts

Posted by gick891214 > 2015-06-08 12:35 | Report Abuse

i just top up.... ><'''

gick891214

923 posts

Posted by gick891214 > 2015-06-08 13:13 | Report Abuse

there are few way for xinghe future:
a) convert into main board
b) delisted from bursa
c)accumulate before it will going up
* future expansion at port klang for export edible oil
*currency exchange to RM will benefit exinghe
*higher profit and EPS

It will be worthy to keep for long term

gick891214

923 posts

Posted by gick891214 > 2015-06-08 13:29 | Report Abuse

*15% profits will be used for dividend payout...

gick891214

923 posts

Posted by gick891214 > 2015-06-08 13:44 | Report Abuse

yes

gick891214

923 posts

Posted by gick891214 > 2015-06-08 13:50 | Report Abuse

the profit almost nearly same with bjauto .. the thing is different between is total shares issued, and different segment.

gick891214

923 posts

Posted by gick891214 > 2015-06-08 14:46 | Report Abuse

left 10k lots only... wish to up nw

gick891214

923 posts

Posted by gick891214 > 2015-06-08 14:46 | Report Abuse

i think ayam tua really throw all money into xinghe... ><

gick891214

923 posts

Posted by gick891214 > 2015-06-08 14:47 | Report Abuse

up already.0.075....

lclwyp

691 posts

Posted by lclwyp > 2015-06-08 14:47 | Report Abuse

hope no more selling pressure at 0.07

gick891214

923 posts

Posted by gick891214 > 2015-06-08 14:51 | Report Abuse

lol... i think gajah naik pokok... haha

datoHW

59 posts

Posted by datoHW > 2015-06-08 14:59 | Report Abuse

Finally, 0.070 is broken down. Hope the sharks won't come again.

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