Sangranghaeyo

Perak's tourism industry is growing stronger

https://www.nst.com.my/news/nation/2024/08/1094379/perak-launches-islamic-journey-package-draw-muslim-tourists-%E2%80%8B

2 months ago

Kkksss

Q2 result not good?

2 months ago

Cptzer0

Q2 should be good, tourism back on track

2 months ago

BuildBackBossku

Optimistically speaking, it might turn losses into profits in q2 😬

2 months ago

stonedInvest

some hiccups on the markets recently, hope this Q2 result can light up the mood

2 months ago

ElizaWong

Impiana Ipoh Sdn Bhd.'s hotel operations division will generate strong revenue. Don't worry

2 months ago

Yusof896

Kutip sikit lagi pd 20 sen hari ni 😊

2 months ago

Tokyolo

2024 is year of tourism, revenue confirm fly high

2 months ago

Sangranghaeyo

Get ready to see improvements from this company

2 months ago

mroverlord888

Buy low sell high, enter 0.21, resistance 0.23

2 months ago

IvanOnMyOwn

Result not good?

2 months ago

Abram66

Got chance to show better QR. Let's wait and see

2 months ago

Lenny2k2

hotel occupancy is high due to influx of china tourist, uptrend + comeback in on the way

2 months ago

BuildBackBossku

May be we can see Magma showing us green QR soon 😀

2 months ago

oks911

LCW no power?

2 months ago

itselviiin

LCW investing for long term

2 months ago

Sangranghaeyo

Awesome, MAGMA announced its Q2 results, and as we expected, they are improving 👍

2 months ago

Cptzer0

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.

2 months ago

ElizaWong

I am impressed. Next week Magma might challenge 1 month high and then 1 year high

2 months ago

nasilemaktelur

invest while its cheap. by the time results in the black. stock price might be double

2 months ago

BuildBackBossku

With this progress, Magma is likely to turn green in the next quarter

2 months ago

stonedInvest

Magma is coming home, remain positive with green qr

2 months ago

Tokyolo

After EGM then can fly higher

2 months ago

Yusof896

Boleh kata q2 yg amat baik. Sekarang kita tunggu-nya naik ke 29 sen

2 months ago

Sangranghaeyo

Are you going to its EGM next Tuesday, Tokyolo ?

2 months ago

mroverlord888

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

2 months ago

mroverlord888

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

2 months ago

ElizaWong

Magma Hotel operation has made positive progress. Therefore, the company has high expectations to turn a profit in the next quarter

2 months ago

IvanOnMyOwn

buying momentum slowly pouring it, keep monitor Magma

2 months ago

Abram66

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

2 months ago

Lenny2k2

Q2 Loses narrowed, 42% higher in revenue, Q3 will so much better compare to Q2

2 months ago

BuildBackBossku

Magma may turn green next quarter, I believe 🙂

2 months ago

Sangranghaeyo

Malaysia's tourism is booming and it is boosting hospitality and F&B business

2 months ago

itselviiin

Magma are slowly gaining confidence & momentum now, better hold & buy while its cheap

2 months ago

Yusof896

Masa depan amat cerah bagi MAGMA. Kumpul sebelum ia melonjak tinggi 🙂

2 months ago

ElizaWong

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

2 months ago

Cptzer0

Magma why so shy, need to move up again

2 months ago

stonedInvest

no worries, tourism on the menu... next quarter Magma will profi again

2 months ago

mroverlord888

Hotel segment had generated RM6.34 million in revenue, compared to RM2.54 million from Q1.... Magma & tourism are definitely back

2 months ago

Sangranghaeyo

PM meets Marriott chairman (one of the world's largest hospitality companies) to discuss boosting Malaysia's tourism

2 months ago

Sangranghaeyo

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

2 months ago

IvanOnMyOwn

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

2 months ago

IvanOnMyOwn

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

2 months ago

comebackkid

How? Lee CW soon to become one of the major shareholders.

2 months ago

fortunefire

building a new badminton stadium there?

1 month ago

alienbiru

LCW is the big shark now

1 month ago

JJPTR

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 week ago

alienbiru

Magma big comeback liao

1 week ago

Noni

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

1 week ago

Seow8888

0.22-0.16=0.06=37.5% gain

6 days ago