KLSE (MYR): MAGMA (7243)
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Last Price
0.21
Today's Change
-0.01 (4.55%)
Day's Change
0.205 - 0.22
Trading Volume
442,400
Market Cap
219 Million
NOSH
1,042 Million
Avg Volume (4 weeks)
596,610
4 Weeks Range
0.20 - 0.225
4 Weeks Price Volatility (%)
52 Weeks Range
0.18 - 0.29
52 Weeks Price Volatility (%)
Previous Close
0.22
Open
0.22
Bid
0.205 x 229,100
Ask
0.21 x 49,800
Day's Range
0.205 - 0.22
Trading Volume
442,400
Latest Quarter | Ann. Date
30-Jun-2024 [#2] | 30-Aug-2024
Next QR | Est. Ann. Date
30-Sep-2024 | 30-Nov-2024
T4Q P/E | EY
-18.18 | -5.50%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.09 | 2.22
T4Q NP Margin | ROE
-69.40% | -12.22%
2024-11-14
2024-11-13
Sector: CONSUMER PRODUCTS & SERVICES
Sector: CONSUMER PRODUCTS & SERVICES
Subsector: FOOD& BEVERAGES
Subsector: FOOD& BEVERAGES
Description:
Magma Group Berhad, formerly Impiana Hotels Berhad, is a Malaysia-based investment holding company, which operates primarily in the hospitality industry. The Company's business segment includes Hospitality business and Property development. The Hospitality business is engaged in management and operation of hotels and resorts, property investment and hotel development. The Property development is engaged in property development activities. The Company's subsidiaries include Impiana Ipoh Sdn. Bhd., Impiana Hotels & Resorts Management Sdn. Bhd., and Impiana Cherating Sdn. Bhd. Impiana Ipoh Sdn. Bhd. is engaged in investment holding, management and operation of hotels and resorts, property investment and hotel development. Impiana Hotels & Resorts Management Sdn. Bhd. provides professional management services to hotels, resorts and recreation clubs. Impiana Cherating Sdn. Bhd. is engaged in property development, operation of resort, hotel business and related services.
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
some hiccups on the markets recently, hope this Q2 result can light up the mood
2 months ago
Impiana Ipoh Sdn Bhd.'s hotel operations division will generate strong revenue. Don't worry
2 months ago
hotel occupancy is high due to influx of china tourist, uptrend + comeback in on the way
2 months ago
Awesome, MAGMA announced its Q2 results, and as we expected, they are improving 👍
2 months ago
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
I am impressed. Next week Magma might challenge 1 month high and then 1 year high
2 months ago
invest while its cheap. by the time results in the black. stock price might be double
2 months ago
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
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
Magma Hotel operation has made positive progress. Therefore, the company has high expectations to turn a profit in the next quarter
2 months ago
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
Q2 Loses narrowed, 42% higher in revenue, Q3 will so much better compare to Q2
2 months ago
Malaysia's tourism is booming and it is boosting hospitality and F&B business
2 months ago
Magma are slowly gaining confidence & momentum now, better hold & buy while its cheap
2 months ago
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
Hotel segment had generated RM6.34 million in revenue, compared to RM2.54 million from Q1.... Magma & tourism are definitely back
2 months ago
PM meets Marriott chairman (one of the world's largest hospitality companies) to discuss boosting Malaysia's tourism
2 months ago
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
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
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
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%
4 days ago
itselviiin
Nah, 21-22sen is a strong support
2 months ago