Posted by Goinvest88 > 2017-06-14 12:46 | Report Abuse

the earlier news seem trapping people

Posted by ccmeow > 2017-06-22 05:59 | Report Abuse

I keep collecting Magnum at 1.70-1.71, set my sell target at 2.20 and cut loss at 1.61.Hope today can see rebound. hehe..

Posted by bestreturn > 2017-06-22 08:41 | Report Abuse

http://www.thestar.com.my/news/nation/2017/06/22/rm7mil-in-gambling-machines-seized-police-raid-illegal-gaming-centres/

Posted by Capitalpro > 2017-06-22 18:27 | Report Abuse

After Raya Holidays, Magnum will be on the offensive to break 1.80. Huat Magnum!

Posted by bestreturn > 2017-06-22 20:26 | Report Abuse

Capitalpro, any reason specifically for you to say that?

Posted by ccmeow > 2017-06-23 03:28 | Report Abuse

Hope , after Raya ,Magnum will get a stay from High Court on IRB's tax demand. Then , Magnum will return to its original price @ Rm 2.10!

Posted by Goinvest88 > 2017-06-23 07:37 | Report Abuse

Less likely back to RM2.10. Why the price dropped to RM1.70? Tax demand RM0.33 & qtr result dropped RM0.07. Back to 2.10 means tax demand settled with RM0, qtr result improved & dividend increase. All the unknown issues will be clearer until next quarter result come out.

Posted by ivan9511 > 2017-06-23 19:20 | Report Abuse

actually for me . magnum is good to hold .
but I really want to score the director.
because the ceo is very stupid.
what the f you have money to do share buy back now but stingy of giving us a little bit dividend .
magnum ceo is very stupid and not a good management.
see toto still giving 3sen dividend with qr also no good.
but toto price is stable after toto declared a not very good qr .
magnum why you got money to share buy back but stingy of dividend .
this is one of you stupid planing for increasing your share at cheap prices.
magnum is you like to taking advantage from you loyal investors .
magnum really disappointed me by doing that

Posted by ccmeow > 2017-06-24 03:24 | Report Abuse

Guys , be patient , wait till 19July when the case of Magnum vs IRB , which will be heard at the High Court.
Magnum shares have to stay at the current level if Rm 1.70, until the case is over.

Posted by ccmeow > 2017-06-24 03:49 | Report Abuse

Previous Last qr, the company declared 4sen, dividend. Last qr, nil.Which mean Magnum already save 100 million Ringgit.
Say, if Magnum lost the case, the company still can afford to pay the fine . But the company will have to recoup the money by paying 2sen dividend,for the future 2 and half year. So, what are your comments?

Posted by smartbeng > 2017-06-24 09:52 | Report Abuse

insider is accumulating the stock beside the company stock buyback..offensive after raya

Posted by limkokthye > 2017-06-24 09:55 | Report Abuse

nowday magnum toto kuda very poor biz, all because illegal 4d

Posted by limkokthye > 2017-06-24 09:55 | Report Abuse

online 4deverywhere, easy to bet, PSBET

Posted by JimYeoh > 2017-06-28 09:27 | Report Abuse

collecting!

Posted by smalltimer > 2017-06-29 14:08 | Report Abuse

could this be the bargaining tool
http://www.thestar.com.my/business/business-news/2014/05/23/rapid-land-woes/
for this:
http://www.thestar.com.my/business/business-news/2017/05/19/magnum-hit-with-rm476pt5mil-in-tax-arrears-claims-and-fine/

Posted by JimYeoh > 2017-06-29 14:40 | Report Abuse

coming back!

Posted by tiptop168 > 2017-06-30 09:48 | Report Abuse

Any update?

Posted by JimYeoh > 2017-06-30 15:41 | Report Abuse

DATO' LAWRENCE LIM SWEE LIN (a company director) acquired 500,000 shares on 28-Jun-2017.

GOOD SIGN!

Posted by smartbeng > 2017-06-30 22:04 | Report Abuse

big player keep collecting, uptrend stages to over RM2

Posted by sheldon > 2017-07-03 09:32 | Report Abuse

Yes ED Dato' Lawrence is scooping up a lot

Posted by JimYeoh > 2017-07-03 11:59 | Report Abuse

collecting more.. short term TP 2.10 in few weeks

Posted by ccmeow > 2017-07-04 20:48 | Report Abuse

Today, share remain steady @ Rm 1.74 even though market bearish. Tomorrow start jumping to Rm 1.78++,CHEERS!

Posted by tiptop168 > 2017-07-04 22:14 | Report Abuse

U r very confident....

Posted by tiptop168 > 2017-07-05 08:17 | Report Abuse

Please support MGold then share price will go up....

Posted by sheldon > 2017-07-05 11:41 | Report Abuse

ED still swallowing gobs. I hope he doesn't get an indigestion haha

Posted by TakeProfits > 2017-07-09 07:34 | Report Abuse

The fella swallow so much stocks arh.haha. Sure lau sai big time, if things don't work out. Haha

Posted by Goinvest88 > 2017-07-09 14:42 | Report Abuse

accumulating & speculate magnum to go up by 15 cents by 17 Jul after judicial review, lesser than expected penalty by IRB. Limited downside risk & higher margin of safety, where current price already reflected IRB penalty & Q1 result, but also limited upside potential (my target: RM2.00), due to no sign of profit improvement.

Posted by sheep > 2017-07-09 23:11 | Report Abuse

Price will go down further if decision is uphold. If case postponed, then another long delay

Posted by Goinvest88 > 2017-07-10 08:55 | Report Abuse

Price will go down further if decision uphold, but limited to few cents only. If case postponed then magnum will keep the money and no dividend. I think magnum will declare all the dividend which suppose to be declared previously when the case is settled. Risk is time value of money, waiting.

Posted by militen > 2017-07-10 09:03 | Report Abuse

Magnum sales business model don't change much. Their customer still have to queue up to place their bet.

Even celcom already have self service machine.

Posted by sheep > 2017-07-10 12:12 | Report Abuse

... july 17 coming soon...Que sera sera ... what ever will be, will be. the future is not ours to see but the judge and insiders will be able to see indeed... wakaka

Posted by Goinvest88 > 2017-07-13 11:26 | Report Abuse

special draw on 17/7/17 (nice number), join now before too late.
If not that lucky (decision delay), never mind, the dividend will be accumulated (Jackpot).
If bad luck (decision against Magnum), maybe drop back to 1.68, as previous price have been reflected.

Posted by ccmeow > 2017-07-17 07:48 | Report Abuse

Will the court-case on 17/7/17, decision by the judge, on the tax matter of the Magnum 's affecting the share price ? Let's hope for the best !!!

Posted by Goinvest88 > 2017-07-17 12:19 | Report Abuse

Court case hearing on 19/7/17, sorry for stated wrongly

Posted by kwlai > 2017-07-17 20:38 | Report Abuse

Up up

Posted by ccmeow > 2017-07-17 22:02 | Report Abuse

Thanks Goinvests88.

Posted by smartbeng > 2017-07-18 19:49 | Report Abuse

before court hearing and finalized share price already DROP like HELL...frm over RM2.20 drop until RM1.72

Posted by pypw > 2017-07-19 07:17 | Report Abuse

Hi All,
Based on currently share prices, which is better BJTOTO or Magnum ? Thanks

Posted by JimYeoh > 2017-07-19 10:19 | Report Abuse

buying more for later outcome..

Posted by JimYeoh > 2017-07-19 10:30 | Report Abuse

TP 1.90 for good outcome

Posted by Goinvest88 > 2017-07-19 13:00 | Report Abuse

Got Magnum, got surprise...

Posted by sheep > 2017-07-19 14:44 | Report Abuse

any news on court case? adjourned postponed?

Posted by JimYeoh > 2017-07-19 15:39 | Report Abuse

gearing up!

Posted by ccmeow > 2017-07-19 17:39 | Report Abuse

Kept 30 lots @1.71, hope it will move up to 2.20.Alot of money to buy beer . Lets cheer to that!

Posted by Goinvest88 > 2017-07-19 17:44 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5490453

Posted by Tyro > 2017-07-19 18:47 | Report Abuse

@pypw, In term of (1) Revenue-BJTOTO is better; (2) profit margin - both are almost the same, around 5-8%; (3) cash - both almost the same, both holding cash around RM 3xx mil. Share prices for both are very low now. But BJTOTO do declared dividend of 3 sen per share, magnum got no dividend for this quarter. I think is up to your preference to choose. Both are equivalent good or bad. Tq

Posted by Steven Ng > 2017-07-19 20:28 | Report Abuse

Btoto is more expensive than magnum

Posted by wklee9113 > 2017-07-19 21:39 | Report Abuse

Good to buy

Posted by Tipster > 2017-07-20 18:51 | Report Abuse

Gomen wan election money, Magnum sure kena this time...

Posted by Tipster > 2017-07-20 18:51 | Report Abuse

Wait @ $1.30