MAGNUM BERHAD

KLSE (MYR): MAGNUM (3859)

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Last Price

1.18

Today's Change

0.00 (0.00%)

Day's Change

1.18 - 1.19

Trading Volume

344,000


3 people like this.

3,727 comment(s). Last comment by LimitUp 2 weeks ago

Nepo

3,391 posts

Posted by Nepo > 2023-08-18 08:30 | Report Abuse

Gaming
Despite lower number of draws in the current quarter (2023 : 40 draws; 2022 : 42 draws), Gaming revenue of RM537.1 million was higher than previous year's corresponding quarter by RM55.1 million or 11.4%.


The increase was due to improved net sales per draw, especially the 4D Jackpot game, where there was a strong jackpot run during the current quarter.

The Gaming division recorded a pre-tax profit at RM60.5 million which was RM20.7 million higher when compared to RM39.8 million recorded in previous year's corresponding quarter.

The higher gaming pre-tax profit was mainly due to higher gaming sales and coupled with lower prizes payout and operating expenses recorded in the current quarter

Nepo

3,391 posts

Posted by Nepo > 2023-08-18 08:32 | Report Abuse

Prospect

Based on the continued growth trend of all products in the past six months, notably 4D Jackpot game and Magnum Life game, the Board is
cautiously optimistic that the performance of the gaming business for the second half year remains promising and encouraging.

kl_guy

1,524 posts

Posted by kl_guy > 2023-08-18 16:26 | Report Abuse

With 3sen EPS ...IF 4 quarters x3sen = 12sen which translate to PE of 13 . this can be safe entry for magnum if you are long term investor.

soon9913

2,771 posts

Posted by soon9913 > 2023-08-18 22:56 | Report Abuse

next 5 yrs is good div counter

kl_guy

1,524 posts

Posted by kl_guy > 2023-08-21 11:15 | Report Abuse

magnum chart very nice, if break 200MA rm1.17. another strong signal of uptrend

hhhiii123

823 posts

Posted by hhhiii123 > 2023-08-23 15:54 | Report Abuse

Money money come, wakaka

Elaphe

346 posts

Posted by Elaphe > 2023-09-07 09:44 | Report Abuse

Collection period...zz..

Elaphe

346 posts

Posted by Elaphe > 2023-09-08 09:32 | Report Abuse

Fking shark pull out the sell que. No more chance to collect dy..

Vicky

1,568 posts

Posted by Vicky > 2023-09-13 21:12 | Report Abuse

Gaming gives good dividends. Good counter !

hhhiii123

823 posts

Posted by hhhiii123 > 2023-09-13 21:23 | Report Abuse

TP at least 1.40

Elaphe

346 posts

Posted by Elaphe > 2023-09-14 10:39 | Report Abuse

One shark is collecting. Buy and sell same person. Tp should be much much higher. Just tumpang the ride..collect.

super911

300 posts

Posted by super911 > 2023-09-14 10:49 | Report Abuse

Anyone received their dividends? Payment date supposed on 13 Sep but today still haven't received.

Elaphe

346 posts

Posted by Elaphe > 2023-09-14 10:50 | Report Abuse

Yeah got

ocbc

1,115 posts

Posted by ocbc > 2023-09-20 15:43 | Report Abuse

To counter lost of taxes due to illegal online gambling, gov to allow online betting by Magnum and SPTOTO so to get back some taxes.

ocbc

1,115 posts

Posted by ocbc > 2023-09-25 16:28 | Report Abuse

Magnum n SPToto should be benefited from upcoming budget as will allow on-line betting to recover tax losses due to illegal gambling activities indirectly promoted by PN policies !!!

Elaphe

346 posts

Posted by Elaphe > 2023-09-26 09:48 | Report Abuse

Ahya why you so kan chiong. Later mid of next month it will start go up. Now is collection period..with constant dividend and online gambling it will easily pass rm2..

Posted by Investor128 > 2023-10-14 07:23 | Report Abuse

Service tax increase from 6% to 8% will affect NFO

Siow Looi

421 posts

Posted by Siow Looi > 2023-11-16 16:23 | Report Abuse

Online betting legalized in Malaysia? They won't allow it. In addition, we already have illegal online betting which can buy 4D number in Singapore and Indonesia too

Posted by PassionateInvestor > 2023-11-16 20:52 | Report Abuse

If I'm not mistaken, Damacai has online betting so it is not without precedence.

Donator

1,001 posts

Posted by Donator > 2023-11-21 11:38 | Report Abuse

Why only damacai have online betting now?

step5509

11 posts

Posted by step5509 > 2023-11-22 17:31 | Report Abuse

Damacai is phone betting. Horse racing can use phone to bet. Last time using call center now use apps. Webside cannot bet

KY

17 posts

Posted by KY > 2023-12-14 21:08 | Report Abuse

Hope the gem of Umobile can be listed by next year in which will generate a windfall

ykloh

516 posts

Posted by ykloh > 2023-12-15 15:10 | Report Abuse

Magnum should cut cost to improve margin.

LimitUp

434 posts

Posted by LimitUp > 2023-12-21 12:22 | Report Abuse

Wait for 90sen next year

soon9913

2,771 posts

Posted by soon9913 > 2024-01-08 21:54 | Report Abuse

finally time to fly...... stay tune

Vicky

1,568 posts

Posted by Vicky > 2024-02-26 09:18 | Report Abuse

Big bro SPtoto in a loss. So panic on small bro might be the same.

Donator

1,001 posts

Posted by Donator > 2024-02-26 11:39 | Report Abuse

Big bro get less cake, maybe small bro get more cake

Posted by Kitty Kitty > 2024-02-28 18:53 | Report Abuse

Result seemed decent for full year. Improvements seen but not as fast as expected.

LimitUp

434 posts

Posted by LimitUp > 2024-03-17 16:59 | Report Abuse

Everyone panic is when you can buy...

Posted by Kitty Kitty > 2024-04-08 07:51 | Report Abuse

DPS and EPD improving slowly post covid years. Challenge for NFO remains with illegal NFO in the market. Wonder how the company will handle this and gain their market share again. Nevertheless, current price remains attractive if future growth improves.

alibaba88

23 posts

Posted by alibaba88 > 2024-05-17 10:10 | Report Abuse

Better than expected!!! If the share price keep $1.15 magnum should be higher dividend 💰📈

alibaba88

23 posts

Posted by alibaba88 > 2024-05-17 16:17 | Report Abuse

Morning Unlce Sell , Afternoon Unlce Buy

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

Night Unlce SPTOTO takeover Magnum ?

DividendGuy67

1,117 posts

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.

ocbc

1,115 posts

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

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

Vicky

1,568 posts

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?

Vicky

1,568 posts

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

skc761103

198 posts

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

speakup

26,800 posts

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

limit up?

Vicky

1,568 posts

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??

firehawk

4,782 posts

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

Toto the other way round

LimitUp

434 posts

Posted by LimitUp > 2 months ago | Report Abuse

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

speakup

26,800 posts

Posted by speakup > 2 months ago | Report Abuse

move up for u sell
move down for u buy

speakup

26,800 posts

Posted by speakup > 2 months ago | Report Abuse

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

speakup

26,800 posts

Posted by speakup > 2 months ago | Report Abuse

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

GS

286 posts

Posted by GS > 2 months ago | Report Abuse

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