Bursa Malaysia (KLSE) Stock Investment Portal

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

2024-09-05 20:15

itselviiin

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

2024-09-06 18:38

Yusof896

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

2024-09-06 19:20

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

Cptzer0

Magma why so shy, need to move up again

2024-09-09 16:40

stonedInvest

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

2024-09-09 19:31

mroverlord888

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

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

2024-09-11 16:10

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

2024-09-11 16:11

comebackkid

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

2024-09-24 20:37

fortunefire

building a new badminton stadium there?

2024-09-26 10:05

alienbiru

LCW is the big shark now

2024-10-01 16:28

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%

2 months ago

alienbiru

Magma big comeback liao

1 month ago

Noni

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

1 month ago

Seow8888

0.22-0.16=0.06=37.5% gain

1 month ago

anonymouse66

you know i know, wink wink

1 month ago

KropSkin787

0.25 next stop

1 month ago

kiba1092

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

3 weeks ago

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

3 weeks ago

beachboi21

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

3 weeks ago

HamsterInvestor

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.

1 week ago

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

1 week ago

Abram66

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

1 week ago

Yusof896

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

1 week ago

sweetpie

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

1 week ago

BuildBackBossku

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

1 week ago

Tokyolo

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

1 week 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 week ago

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

1 week ago

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

1 week ago

mroverlord888

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

5 days ago

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

5 days ago

oh ya hor, they got hotel in ipoh

5 days ago

yesterday up 1.5c, today no movement at all

4 days ago

Abram66

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

4 days ago

beachboi21

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

3 days ago

Mamy66

Ada news for magma

3 days ago

@Mamy66 this one?

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

3 days ago

BuildBackBossku

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

3 days ago

Yusof896

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

2 days ago

temporary retrace only, the amount of shares is quite insignificant

2 days ago