MAGMA GROUP BERHAD

KLSE (MYR): MAGMA (7243)

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Last Price

0.235

Today's Change

+0.025 (11.90%)

Day's Change

0.215 - 0.245

Trading Volume

5,596,000

Overview

Market Cap

223 Million

NOSH

948 Million

Avg Volume (4 weeks)

1,092,121

4 Weeks Range

0.195 - 0.245

4 Weeks Price Volatility (%)

80.00%

52 Weeks Range

0.08 - 0.29

52 Weeks Price Volatility (%)

73.81%

Previous Close

0.21

Open

0.215

Bid

0.23 x 96,900

Ask

0.235 x 339,500

Day's Range

0.215 - 0.245

Trading Volume

5,596,000

Financial Highlight

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

-18.52 | -5.40%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.10 | 2.26

T4Q NP Margin | ROE

-69.40% | -12.22%

News and Blogs
Company Profile

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.

Discussions
3 people like this. Showing 50 of 3,298 comments

IvanOnMyOwn

Look at the positive side, at least RCN Issuance is approve

1 month ago

BuildBackBossku

This physical EGM will be very interesting as the management will discuss these issues

https://klse.i3investor.com/web/mktbzz/meeting-detail/16244_3107076069

1 month ago

Abram66

Before EGM, Q2 results will be announced first. Stay tuned

1 month ago

Lenny2k2

got chance go below 0.20, can queue & try ur luck

1 month ago

itselviiin

Nah, 21-22sen is a strong support

1 month ago

Kkksss

Q2 result not good?

1 month ago

Cptzer0

Q2 should be good, tourism back on track

1 month ago

BuildBackBossku

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

1 month ago

stonedInvest

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

1 month ago

ElizaWong

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

1 month ago

Yusof896

Kutip sikit lagi pd 20 sen hari ni 😊

1 month ago

Tokyolo

2024 is year of tourism, revenue confirm fly high

1 month ago

Sangranghaeyo

Get ready to see improvements from this company

1 month ago

mroverlord888

Buy low sell high, enter 0.21, resistance 0.23

1 month ago

IvanOnMyOwn

Result not good?

1 month ago

Abram66

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

1 month ago

Lenny2k2

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

1 month ago

BuildBackBossku

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

1 month ago

oks911

LCW no power?

1 month ago

itselviiin

LCW investing for long term

1 month ago

Sangranghaeyo

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

1 month 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.

1 month ago

ElizaWong

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

1 month ago

nasilemaktelur

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

1 month ago

BuildBackBossku

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

4 weeks ago

stonedInvest

Magma is coming home, remain positive with green qr

4 weeks ago

Tokyolo

After EGM then can fly higher

4 weeks ago

Yusof896

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

4 weeks ago

Sangranghaeyo

Are you going to its EGM next Tuesday, Tokyolo ?

3 weeks 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

3 weeks ago

ElizaWong

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

3 weeks ago

IvanOnMyOwn

buying momentum slowly pouring it, keep monitor Magma

3 weeks 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

3 weeks ago

Lenny2k2

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

3 weeks ago

BuildBackBossku

Magma may turn green next quarter, I believe 🙂

3 weeks ago

Sangranghaeyo

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

3 weeks ago

itselviiin

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

3 weeks ago

Yusof896

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

3 weeks 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

3 weeks ago

Cptzer0

Magma why so shy, need to move up again

3 weeks ago

stonedInvest

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

3 weeks ago

mroverlord888

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

2 weeks ago

Sangranghaeyo

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

2 weeks 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 weeks ago

comebackkid

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

6 days ago

fortunefire

building a new badminton stadium there?

4 days ago

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