MMAG HOLDINGS BERHAD
KLSE (MYR): MMAG (0034)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.285
Today's Change
+0.005 (1.79%)
Day's Change
0.275 - 0.285
Trading Volume
638,800
Analysis
Discussions
17 people like this. Showing 50 of 11,352 comments
closing at 30c and sustainable.....
penny stocks all behave like that...
purely TA and cannot base on FA and BOD and Mgmt .....
More for speculation.....
2024-06-01 11:15
If break below 30......
changes to go back to 10c is always there...
if can sustain and move higher....
we might see the range of 40-50c.....
choice is yours
2024-06-01 11:16
https://themalaysianreserve.com/2023/07/17/lawsuit-strikes-mmag-rm50m-alleged-conspiracy-to-injure-sends-shockwaves/
Any updates?
2024-06-01 11:51
Many uncles auntys pakcik makciks trapped at high floor waiting for Victor Chin to free them
2024-06-04 22:11
FOR NEWBIES
Previous Corporate exercises
Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000
20 Oct 2017 01 Nov 2017 Rights Issue (warrant) 1 : 2 0.2500
20 Oct 2017 01 Nov 2017 Rights Issue 2 : 1 0.0500
28 Jun 2017 10 Jul 2017 Share Consolidation 4 : 1
https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad
Look at Capital Changes and Annual P/L in above link
=============
NOSH = 1,992,713,801
WC = 429,676,804
After latest share consolidation and fund raising via massive rights issue, NOSH approaching 2 BILLION shares !!
Multi year loss making company
10 years losses in a row !!! (2015 to current)
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition
================
Don't be caught at high price !!!
Price might eventually dipped below 10sen again when directors unable to turn around the business losses
2024-06-24 09:16
https://themalaysianreserve.com/2023/07/17/lawsuit-strikes-mmag-rm50m-alleged-conspiracy-to-injure-sends-shockwaves/
good new update that why mmag shoot up?
2024-06-24 09:19
https://theedgemalaysia.com/node/713863
got new update that why mmag shoot up?
2024-06-24 09:21
Director charged not bad news meh?
https://theedgemalaysia.com/node/713863
2024-06-24 09:24
https://www.thestar.com.my/business/business-news/2024/06/26/sc-sues-datuk-dr-yu-kuan-chon-for-market-manipulation
why pick on Dr Yu? there are so many others like him
2024-06-26 21:31
still not too late to sapu MMAG@0.34 now, you won't be able to get this price in afternoon section...
2024-07-05 12:24
as long the price didn't go down to below 30....
I think is a good trending for future upwards.....
yet to see the price test back the previous higher range of 35-40.....
to be safe to go in, technically need to see the price break above 40 and sustaining.....
otherwise, i would say it will trend between 30-35 range only.....
not much action and not so good for traders....
2024-07-06 11:14
this stock is now hot hot!!! warrant is moving!!! do you think warrant will bring mother go as well?
2 months ago
FOR NEWBIES
WC = 423,077,604
Maturity 2029-01-15
Strike value 0.1500
Current price = 0.26
https://www.klsescreener.com/v2/stocks/view/0034WC
Don't be caught at high price and end up with worthless warrants approaching expiry date
2 months ago
sustaining well at range 33-35....
need to break 40....
let's see whether it will happen or not in coming days....
stay tune guys.....
2 months ago
still holding strong at 33....
son already 26-28 range...
any manipulation here ?....
2 months ago
Can somebody teach I why MMAG-WC which was free warrant can climb up so much until 0.305 vs mother share of MMAG which only 0.33 ?
2 months ago
Only 2 days without any news sudden drop back to 0.25.....OMG !
Suppose got profit, now become in red....
2 months ago
FOR NEWBIES
Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000 View
https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad
MMAG still holding strong after share consolidation and massive rights issue
NOSH = 2,000,259,001 exceeding 2 BILLION Shares again
9 years of continuous annual losses since 2015 !!!
Interesting to see how long the mighty operators can hold MMAG at high prices
===============
Expect directors to continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to continue to rise further
Shareholders equity % and EPS will be further diluted with more fund raising via shares issuance
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition
1 month ago
FOR NEWBIES
Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000 View
https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad
MMAG still holding strong after share consolidation and massive rights issue
NOSH = 2,000,259,001 exceeding 2 BILLION Shares again
9 years of continuous annual losses since 2015 !!!
Interesting to see how long the mighty operators can hold MMAG at high prices
===============
Expect directors to continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc
Expect NOSH to continue to rise further
Shareholders equity % and EPS will be further diluted with more fund raising via shares issuance
==================
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS, RI , asset acquisition
1 month ago
If directors remain incapable in business operations, it is just
right hand to left hand
left hand to middle hand
middle hand to retailers
Trade with care
1 month ago
Damn kept converting warrants to mother share now this counter is so huge and heavy
6 days ago
the modus operandi is :
rights issue -> consolidation -> rights issue -> consolidation -> rights issue -> consolidation ..... infinite times cos Bursa/SC is sleeping on the job!
6 days ago
https://themalaysianreserve.com/2024/10/02/mmag-triggers-gn3-criteria-but-aims-for-waiver/
buying opportunity?
3 days ago
@ whistlebower99
old Name--> new name
KSTAR--> Sinaran
Dynaciate Grp--> Ingens--> MMAG (classified as GN3 company ***)
MINETEC --> AIZO (latest****)
AT system-> Erdasan Group bhd (latest****)
FOCUS dynamic --> change fin yr from Sep to Mar (latest***)
FASTRAK -> VSOLAR
LITESPD -> EDUSPEC
HUAAN -> TECHNAX
MEDAINC -> MERIDIAN
PSIPTEK - > AGES (pn17)
IDMENSN -> EVD
NEXTNAT -> NEXGRAM
BIOOSMO -> IMPIANA-> MAGMA (latest)
TECFAST-> FAST
PORTRAD -> OMEDIA -> ACCSOFT -> LAMBO (SC to delist by Oct 4th,2024)
TMS -> SKH -> (Vortex Consolidate) -> HM(Harvest Miracle)
ETITECH -> TRIVE
POWER-> INSTACO -> VIVOCOM -> VINVEST
GLOSOFT -> AGLOBAL -> NETX
M3TECH --> XOXTECH
MACPIE --> XOXNET
ASTRAL Supreme--> VIZIONE (5 merge into 1 shares, price adjust from 5c to 25c, dropping again)
Is it costly to keep changing company names?
YES.
1 Government filing fees
2. Legal cost, need lawyer to prepare documents
3. Updating logo,marketing material,signboard,letterhead can be expensive
4. Domain name,website,register new trademark
5. Time,administrative,updating account, marketing material ,customer and vend
or notifications
6. Resources, internal team,staff,,contractors wasting lots of time
7. IT team need to waste time updating digital asset
In conclusion, companies that change name often are not productive. One can study its quarterly financial report and notice revenue as good as non-existent and loses increasing.
Do you see good solid company like Public Bank change name before? The day it happen, run for your life. When you see Conmen Sdn Bhd change to Conmen-new Sdb Bhd, the SOP is to RUSH OUT not RUSH IN
2 days ago
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
Koon Yew Yin's Blog
3
BFM Podcast
5
Koon Yew Yin's Blog
6
7
BFM Podcast
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
speakup
https://theedgemalaysia.com/node/713863
Mmag can trust?
2024-05-31 21:29