Ben Tan Sau Kwan , steveooikp hi steve and ffren I had since 2.50 do you all think magnum still can hold, be frank to your guys my magnum paper loss already 8000 ringgit as I got quite many units But if you said cut now at 2.09 then I also not dare , scare I cut later the price suddenly flying, However, seem many people claim cut better because magnum is a sunset counter and no people buying magnum they all buy from illegal and claim magnum is a no future company wait die only? so fren do you mind comment abit on magnum because quite scare magnum only 2.09 , while toto still above 2.90? thanks appreciate
Angielim9955, it is hard to say to sell or not. This is the first time I encounter magnum price free falling until 2.09. To say it will go up or further down, I think there is no basis of indication where it will be heading to. But it seems that it may have hit rock bottom. The only thing to take comfort off is CNY is around the corner, it could be possible that the next announcement of their Q results may be better thus giving a breather for the price to climb up.
Unless you have a sure win plan to recoup that paper loss, I don't think you should sell.
hmm.. 2.13 at open, now dropping to 2.11. It would be a bonus if it can close minimum 2 sen higher by end of the day. Market sentiment towards Magnum still weak.
bjtoto bought at 2.89 recently, now 2.96. Magnum directors, do something for heaven sake. Announce a higher dividend and the market will move by itself.
I just tested and sign up dmc within 1 hour. Feel that this method is very potential for all betting companies. Can cut costs by shut down branches. Magnum should quickly kick start.
Finally magnum said confidence 8n sarawak business . Hope tomorrow can fly. And actually in genting highland only got magnum 4d no toto and dmc if someone been to genting will.notice beside coffee shop only got magnum no others
The police should be able to clamp down on most of the coffee shops in small towns or villages where the illegal bettings are carried out rampantly and openly
if magnum still care of us should give 4 sen, last qr profit damn good but dividend no good, toto qr also no good but toto keep giving high div so price near3.00
No worry the next QR(Final) around 25 February will be better than the last year quarter.The dividend yield(DY) is two times above the interest rates offered by most banks.
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....
Angielim9955
2,049 posts
Posted by Angielim9955 > 2017-01-11 12:26 | Report Abuse
Ben Tan Sau Kwan ,
steveooikp
hi steve and ffren
I had since 2.50
do you all think magnum still can hold,
be frank to your guys my magnum paper loss already 8000 ringgit as I got quite many units
But if you said cut now at 2.09 then I also not dare , scare I cut later the price suddenly flying,
However, seem many people claim cut better because magnum is a sunset counter and no people buying magnum they all buy from illegal
and claim magnum is a no future company wait die only?
so fren do you mind comment abit on magnum
because quite scare magnum only 2.09 , while toto still above 2.90?
thanks appreciate