MAGMA GROUP BERHAD
KLSE (MYR): MAGMA (7243)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.21
Today's Change
-0.005 (2.33%)
Day's Change
0.21 - 0.215
Trading Volume
23,700
Discussions
3 people like this. Showing 50 of 3,316 comments
Awesome, MAGMA announced its Q2 results, and as we expected, they are improving 👍
2024-08-30 18:34
Improvement in the Hotel Operation segment was as a result of increased in occupancy rate due to special travel visa issued for China travellers and also included of business from WOLO Kuala Lumpur into a new subsidiary of the Group.
2024-08-30 18:57
I am impressed. Next week Magma might challenge 1 month high and then 1 year high
2024-08-30 21:09
invest while its cheap. by the time results in the black. stock price might be double
2024-08-31 19:24
With this progress, Magma is likely to turn green in the next quarter
2024-09-02 15:35
Magma Group sees positive hospitality outlook amid challenges
https://www.thestar.com.my/business/business-news/2024/08/30/magma-group-sees-positive-hospitality-outlook-amid-challenges
2024-09-03 19:17
Magma are going to focus on its core operations within the hospitality sector, including its flagship hotels, Impiana KLCC Hotel, Impiana Hotel Ipoh, Impiana Hotel Senai, and WOLO Kuala Lumpur. Q3 will back in profits
2024-09-03 19:17
Magma Hotel operation has made positive progress. Therefore, the company has high expectations to turn a profit in the next quarter
2024-09-04 16:14
Tourism Malaysia aims for RM88bil receipts in 2024. Jom, cuti-cuti Malaysia
https://www.thestar.com.my/metro/metro-news/2024/07/11/tourism-malaysia-aims-for-rm88bil-receipts-in-2024
2024-09-04 23:12
Q2 Loses narrowed, 42% higher in revenue, Q3 will so much better compare to Q2
2024-09-05 14:59
Malaysia's tourism is booming and it is boosting hospitality and F&B business
2024-09-05 20:15
Magma are slowly gaining confidence & momentum now, better hold & buy while its cheap
2024-09-06 18:38
Melaka got Fan Bingbing and Perak will have Michelle Yeoh for ambassador role 😀
https://www.nst.com.my/news/nation/2024/07/1081918/tourism-perak-eyes-michelle-yeoh-ambassador-role
2024-09-06 20:10
no worries, tourism on the menu... next quarter Magma will profi again
2024-09-09 19:31
Hotel segment had generated RM6.34 million in revenue, compared to RM2.54 million from Q1.... Magma & tourism are definitely back
2024-09-10 16:07
PM meets Marriott chairman (one of the world's largest hospitality companies) to discuss boosting Malaysia's tourism
2024-09-11 13:29
https://www.nst.com.my/news/nation/2024/09/1104157/pm-meets-marriott-chairman-discuss-boosting-malaysias-tourism
This is undoubtedly good for Magma's hotel business
2024-09-11 13:30
Magma obtains shareholders' nod to raise RM100mil from bond issue
https://www.nst.com.my/business/corporate/2024/09/1104018/magma-obtains-shareholders-nod-raise-rm100mil-bond-issue
2024-09-11 16:10
The approval of the RCN fund-raising exercise provides us with the necessary financial resources to strengthen our balance sheet, enhance our hotel offerings, and capitalise on growth opportunities within the recovering tourism market.
Next era for Magma
2024-09-11 16:11
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%
1 month ago
Share price will go up soon! Company will be back in profit!!! Ready to ride the wave
2 weeks ago
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.
4 days ago
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
4 days ago
Hujung tahun adalah musim cuti, jadi Magma punya hotel akan mempunyai perniagaan yg baik
3 days ago
Plus now Malaysia so lenient towards the chinese tourists that come here to travel, business sure good lo
3 days ago
With this development, Magma is expected to achieve profitability in the next quarter 👍
1 day ago
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
1 day ago
Worry less, we will see improvement in the financial performance of this company
5 hours ago
yea, the distress should be eased up with all the new government initiatives
5 hours ago
Post a Comment
Featured Posts
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2025-01-03 10:20:00
EMA 5
10 Mins
SELL
2025-01-03 10:20:00
ADX
10 Mins
SELL
2025-01-03 10:20:00
TURTLE SYSTEM 20
10 Mins
SELL
2025-01-03 10:20:00
EMA 5
5 Mins
SELL
2025-01-03 10:20:00
ADX
5 Mins
SELL
Apps
Top Articles
1
CEO Morning Brief
2
CEO Morning Brief
3
4
Good Articles to Share
US Army veteran plows truck into New Orleans crowd - Five stories you need to know | Reuters
5
Good Articles to Share
‘THINGS ARE GETTING WORSE’: Credit card debt skyrocketing to concerning levels #shorts
6
Good Articles to Share
Apple offers iPhone discounts in China as competition intensifies | REUTERS
7
Good Articles to Share
New Orleans, Tesla truck explosion, Gazprom and the debt ceiling
8
#
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....
oks911
LCW no power?
2024-08-29 22:38