Posted by cccvictor > 2024-05-17 18:25 | Report Abuse

Night Unlce SPTOTO takeover Magnum ?

Posted by DividendGuy67 > 2024-05-20 15:35 | Report Abuse

I chased and bought MAGNUM at 1.16. This is a Position Trade, as SPTOTO has moved fast but MAGNUM was lagging behind. I took this trade due to FOMO - despite full investing position per plan, still had cash generated from past dividends and so, utilizing a small part of that - it was either that or sit and earn 3+% in FD rates. MAGNUM dividend yield is 5.2%, so, I feel little risk to take this trade.

As it is a trade, there's a stop loss. I am betting that in this bull run, it won't revisit 0.995 and so, if it goes below 0.99, I may cut loss.

I blogged about it here in i3.

Posted by ocbc > 2024-05-20 15:35 | Report Abuse

out of MSCI , funds have to sell this stock after 30/May

Posted by Vicky > 2024-05-21 17:34 | Report Abuse

Time to dispose all these stocks as it shows no sign to recovery even economy GDP improves.

Posted by kingkong0000 > 2024-05-24 18:38 | Report Abuse

SPTOTO QR SOUR .

Interim Dividend of 3.0 sen per share

Posted by EngineeringProfit > 2024-05-24 18:45 | Report Abuse

Why say sour?

Posted by Vicky > 2024-05-29 14:57 | Report Abuse

Well again gaming is not a good counters to invest and wait. Switch to others counters to earn back profits

Posted by skc761103 > 2024-05-29 15:36 | Report Abuse

MPHB cap already received offer to delisted n privatized ....soon next will be magnum as both have same major share holder with less liquidation

Posted by speakup > 2024-05-29 20:32 | Report Abuse

limit up?

Posted by Vicky > 2024-05-30 18:50 | Report Abuse

Magnum lost to the abang SPToto so rally loosing steam...

Posted by cooledhawk123654 > 2024-05-31 16:56 | Report Abuse

why magnum sudden shot down with high vol??

Posted by firehawk > 2024-05-31 17:16 | Report Abuse

Toto the other way round

Posted by LimitUp > 2024-07-09 23:39 | Report Abuse

What's happening to Magnum? Price moved so much today.

Posted by speakup > 2024-07-10 07:36 | Report Abuse

move up for u sell
move down for u buy

Posted by speakup > 2024-07-10 17:28 | Report Abuse

Kedah want ban 4D no point, malays are now gambling in Casino De Bursa

Posted by speakup > 2024-07-10 17:29 | Report Abuse

Casino De Bursa is a Halal casino in Malaysia which PAS approve

Posted by GS > 2024-07-17 09:29 | Report Abuse

U Mobile news?

Posted by Donator > 2024-07-17 10:00 | Report Abuse

Ya, TP 2.00

Posted by Moratorium > 2024-07-17 11:07 | Report Abuse

Anyone knows how many %Umobile does Magnum have?

Posted by sephiroth > 2024-07-17 11:11 | Report Abuse

Magnum own 6.33% of U Mobile

Posted by Moratorium > 2024-07-17 11:23 | Report Abuse

Thanks sephiroth...

Posted by Hoottttttt > 2024-07-17 11:50 | Report Abuse

Buy now since still consider very cheap… after Umobile listed news, at least RM1.50

Posted by kl_guy > 2024-07-17 12:01 | Report Abuse

if buy magnum base on umobile factor, why not buy VT counter .

Posted by Donator > 2024-07-17 12:55 | Report Abuse

coz Magnum will cash out the U mobile , VT dont cash out U mobile

Posted by Hoottttttt > 2024-07-17 14:52 | Report Abuse

When u keep doubting, people already start earn money, act now better than chase high later.

Posted by Nepo > 2024-07-17 16:25 | Report Abuse

very good point @Donator
Magnum still value buy@RM1.26

Posted by IanQ > 2024-07-17 20:52 | Report Abuse

potential up to 50 sen div?

Posted by speakup > 2024-07-17 21:35 | Report Abuse

special dividend 5sen.
the rest keep as working capital

Posted by MakeMoneyAllHappy > 2024-07-17 21:38 | Report Abuse

Vincent Tan valued U Mobile RM10 billion

Magnum 6% estimate RM600 million
Magnum shares 1,437,178,945

Do your own calculation

If Magnum cash out and distribute to all shareholders

Posted by speakup > 2024-07-17 21:40 | Report Abuse

boy, u dont know Surin! u really dont know Surin! please learn more about Surin

Posted by MakeMoneyAllHappy > 2024-07-17 21:45 | Report Abuse

Who are you?? No one know you too

Posted by speakup > 2024-07-17 22:07 | Report Abuse

If u are Magnum investor and don't know Surin.......I dunno what to say already

Posted by speakup > 2024-07-18 08:27 | Report Abuse

Surin Upatkoon is the owner of Magnum
if u know what he did to Mwe last time and Mphbcap now, you will understand he is Super Stingy!

you can read more about Mwe here: https://klse.i3investor.com/web/stock/overview/3921
and more about Mphbcap here: https://klse.i3investor.com/web/stock/overview/5237

Posted by MakeMoneyAllHappy > 2024-07-18 09:12 | Report Abuse

You don't understand

I am asking who are you? This is the most simple question

I am not asking who is surin

Posted by speakup > 2024-07-18 09:37 | Report Abuse

I am nobody

Posted by DividendGuy67 > 2024-07-18 20:39 | Report Abuse

Magnum nice ... 1.28 close.
On 20 May, I posted here that I took a Position Trade by chasing to buy MAGNUM at 1.16.
Since I posted, MAGNUM rise and fell below my entry price.
It fell as low as 1.10.
You are sure to get at 1.11 filled.
If you did, then, you will be happy, as MAGNUM closed 1.28. That's nearly +16% gain in less than 2 months.
For your reading pleasure.

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-05-20-story-h-161546734-Position_Trading_Idea_MAGNUM

Posted by DividendGuy67 > 2024-07-18 20:47 | Report Abuse

Mercury Securities Research today published a trading idea on MAGNUM, which unfortunately doesn't resonate with me. They summarized as follows:

Entry – RM-1.27 – RM1.28
Stop Loss – RM1.16
Target Price – RM1.31 – RM1.41

Why it doesn't resonate is because the win is so small if correct: 1.31 - 1.28 = 3 sen. That is a tiny tiny profit.
And if it dips back down to 1.16, the loss = 1.28 - 1.16 = 12 sen. Add commissions and the loss is so much bigger than profits.

This type of trading is a sure recipee for failure and shrinking your account due to high commissions.

In Bursa, buying breakouts like this after today's big move is often too late, except on the mania stages where what goes high keeps rising even higher. But we are not in the mania environment - look around you and most stocks are still "normal" - today's KLCI barely makes a point. Since we are not in a mania environment, odds are high that after breakouts, the next few days move tend to be weaker and consolidating. So, important to read the market environment, the sector, the securities itself if trading short term.

For me, much easier to position trade i.e. give yourself a long time like 1 to 17 months to win. This minimizes commissions and maximizes profits.

Posted by DividendGuy67 > 2024-07-18 21:29 | Report Abuse

Here are my views on my position trade price targets for MAGNUM. And some sharing of thoughts on what should be a good Trading Plan, and how to be a successful trader. My plan is so simple that even a child can execute.

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-07-18-story-h-156841555-MAGNUM_Position_Trade_Update

Posted by INVEST_AA > 2024-07-23 09:32 | Report Abuse

Sizeable funds are coming regardless all the candle stick bla bla analysis…. It will still fly…

Posted by INVEST_AA > 2024-07-23 09:37 | Report Abuse

Something is brewing?

Posted by speakup > 2024-07-23 10:25 | Report Abuse

Coffee brewing bro
Other than that is your imagination

Posted by LimitUp > 2024-07-25 21:44 | Report Abuse

Everything still normal with Magnum except the price gained more than 12% 😁

Posted by Donator > 2024-08-22 15:18 | Report Abuse

i contribute a lot this quarter, should give 3 cent dividend

Posted by LimitUp > 2024-09-13 08:36 | Report Abuse

Price coming down. Will start buy at 1.15

Posted by Nepo > 1 month ago | Report Abuse

Definitely right
Magnum strikes lottery in regards to U Mobile wining 2nd 5G communication network

Posted by Nepo > 1 month ago | Report Abuse

https://soyacincau.com/2024/11/10/vincent-tan-defends-u-mobile-malaysia-second-5g-network/

Posted by Nepo > 1 month ago | Report Abuse

In terms of financials, Vincent Tan shared that U Mobile recorded a higher revenue of RM3.5 billion and a higher net profit of RM102 million, with increased operating cash flows of RM1.2 billion in 2023. He added that U Mobile’s total assets stood at RM6.2 billion, with a total share capital of RM2.6 billion.

Posted by phobelow > 1 month ago | Report Abuse

Magnum is currently trading at attractive valuations, close to pandemic lows, with a projected 2025 PE of 10x, below the NFO sector’s five-year mean of 12-13x. These valuations, combined with the company’s low beta, defensive business nature, and steady cash flow, make it appealing to risk-averse investors. The company’s earnings resilience and prospective dividend yields of 6.2-8% in 2024-25 further enhance its attractiveness.

A potential monetization of Magnum’s stake in U-Mobile, anticipated as early as 1H25, serves as a key re-rating catalyst

Posted by phobelow > 1 month ago | Report Abuse

https://www.investingnote.com/stocks/BURSA:3859#/all

Posted by Bitgold > 1 month ago | Report Abuse

Magnum untung about 300 million if u mobile listed with rm10 B ...if opening shoot up 50%...then magnum untung 500 million ....