Posted by alienbiru > 2024-10-01 16:28 | Report Abuse

LCW is the big shark now

Posted by JJPTR > 2 months ago | Report Abuse

Something not right about hotels revenue,only 6m?
5 hotels x (100 room x70%) x 200 rgt x 365 days =$25.5m rgts
this is based on average occupancy rate of 70%

Posted by alienbiru > 2 months ago | Report Abuse

Magma big comeback liao

Posted by Noni > 2 months ago | Report Abuse

Hahaha...conversion 46mil shares at 0.16 sen only.
You paying 0.22 for it?

Posted by Seow8888 > 2 months ago | Report Abuse

0.22-0.16=0.06=37.5% gain

Posted by anonymouse66 > 1 month ago | Report Abuse

you know i know, wink wink

Posted by KropSkin787 > 1 month ago | Report Abuse

0.25 next stop

Posted by kiba1092 > 1 month ago | Report Abuse

Share price will go up soon! Company will be back in profit!!! Ready to ride the wave

Posted by ElizaWong > 1 month ago | Report Abuse

Magma is slowly trending up and PBB is detecting a breakout signal

Posted by beachboi21 > 1 month ago | Report Abuse

PublicInvest Research gives MAGMA BUY call - TP 0.235, 0.25 Support 0.205

Posted by HamsterInvestor > 3 weeks ago | Report Abuse

Possible for chart pattern breakout. MAGMA is potentially staging a breakout from its descending triangle chart pattern, with anticipation of continuous improvement in both momentum and trend in the near term. Should immediate resistance level of RM0.235 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.250.

Posted by growthstockhunter > 3 weeks ago | Report Abuse

just forget about the 0.235 TP when trading this kind of breakout

Posted by Abram66 > 3 weeks ago | Report Abuse

Magma will acquire a 2.26-acre leasehold land in Dutamas, Kuala Lumpur, with the acquisition to be completed in the first quarter of 2025. More developments coming soon

Posted by Yusof896 > 3 weeks ago | Report Abuse

Hujung tahun adalah musim cuti, jadi Magma punya hotel akan mempunyai perniagaan yg baik

Posted by sweetpie > 2 weeks ago | Report Abuse

Plus now Malaysia so lenient towards the chinese tourists that come here to travel, business sure good lo

Posted by BuildBackBossku > 2 weeks ago | Report Abuse

With this development, Magma is expected to achieve profitability in the next quarter 👍

Posted by Tokyolo > 2 weeks ago | Report Abuse

Tp in next 3 month still 0.235 - 0.25, hope for another great year ahead

Posted by growthstockhunter > 2 weeks ago | Report Abuse

Achieve good profit in the next quarter with the new development a bit unrealistic, I doubt the new development can put to work so fast

Posted by Sangranghaeyo > 2 weeks ago | Report Abuse

Worry less, we will see improvement in the financial performance of this company

Posted by growthstockhunter > 2 weeks ago | Report Abuse

yea, the distress should be eased up with all the new government initiatives

Posted by mroverlord888 > 2 weeks ago | Report Abuse

let magma settle down, in 2025 most project will be completed

Posted by ElizaWong > 2 weeks ago | Report Abuse

Perak attracted 8.4 million tourists throughout 2024. Strongly believe that MAGMA can turn around
https://www.nst.com.my/news/nation/2025/01/1155185/perak-records-84-million-tourists-last-year

Posted by growthstockhunter > 2 weeks ago | Report Abuse

oh ya hor, they got hotel in ipoh

Posted by growthstockhunter > 2 weeks ago | Report Abuse

yesterday up 1.5c, today no movement at all

Posted by Abram66 > 1 week ago | Report Abuse

Don't expect every stock to keep going up, grow ... Let it flow according to Mr. Market

Posted by beachboi21 > 1 week ago | Report Abuse

at least support forming at 0.22 now, all good all good

Posted by Mamy66 > 1 week ago | Report Abuse

Ada news for magma

Posted by growthstockhunter > 1 week ago | Report Abuse

@Mamy66 this one?

https://www.nst.com.my/business/economy/2025/01/1157877/vm2026-campaign-contribute-nations-collective-tourism-success

Posted by BuildBackBossku > 1 week ago | Report Abuse

That’s great news for the tourism industry in 2026. How about 2025?

Posted by Yusof896 > 1 week ago | Report Abuse

Magma tarik balik sikit hari ni kerana ada penukaran Preference Shares
https://klse.i3investor.com/web/mktbzz/additional-detail/39302_470806423

Posted by growthstockhunter > 1 week ago | Report Abuse

temporary retrace only, the amount of shares is quite insignificant

Posted by ElizaWong > 1 week ago | Report Abuse

Tourist arrivals expected to reach 31 million in 2025, up 15% from an estimated 27 million last year !

https://www.thestar.com.my/business/business-news/2025/01/10/tourist-arrivals-expected-to-reach-31-million-in-2025-on-robust-demand

Posted by weiyanghau > 1 week ago | Report Abuse

noice, hotel operator like this one sure earning like mad

Posted by lexant41 > 1 week ago | Report Abuse

normally year end hotel business are good, very likely making profit for Q4

Posted by Sangranghaeyo > 1 week ago | Report Abuse

Great, the probability of turning a profit in the fourth quarter is quite high 💰💰

Posted by growthstockhunter > 1 week ago | Report Abuse

cant wait to see the qr

Posted by Abram66 > 1 week ago | Report Abuse

That particular QR will be revealed by the end of next month. Stay tuned #

Posted by Tokyolo > 1 week ago | Report Abuse

0.22 support line, believe in magma revenue confirm fly high

Posted by sweetpie > 6 days ago | Report Abuse

more and more tourists flooding in now, good for magma

Posted by Yusof896 > 6 days ago | Report Abuse

Skrg kita tunggu Dato LCW hentam lagi 😁

Posted by growthstockhunter > 6 days ago | Report Abuse

lmao, the good old LCW topic again

Posted by growthstockhunter > 5 days ago | Report Abuse

0.24 again by next week?

Posted by DoubtfulBsk > 5 days ago | Report Abuse

LCW still shareholder? Hard to see 0.24 yet

Posted by ElizaWong > 4 days ago | Report Abuse

According to the 2023 annual report, LCW is still among the top 30 shareholders

Posted by sweetpie > 4 days ago | Report Abuse

yes according to the news

https://www.thestar.com.my/business/business-news/2024/09/24/magma-buys-rm80mil-dutamas-land-from-lee-chong-wei039s-skyload

Posted by Abram66 > 4 days ago | Report Abuse

Get ready for Magma to surge and break 52 weeks high

Posted by growthstockhunter > 1 day ago | Report Abuse

have to see how much value can be created from the dutamas land first ;)

Posted by Bohya777 > 1 day ago | Report Abuse

0.22 hard wall to break thru, any update are welcome

Posted by Yusof896 > 1 day ago | Report Abuse

Saya rasa perlu tunggu selepas Tahun Baru Cina baru ada pengumuman baharu

Posted by sweetpie > 2 hours ago | Report Abuse

@Bohya777 no more 0.22 lo