Magna Prima Berhad (MPB) is a Malaysia-based company engaged in investment holding and provision of management services. The Company operates in four segments: properties, construction and engineering, trading and others. Properties are engaged in property development. Construction and Engineering is engaged in civil engineering and building construction. Trading is engaged in manufacturing and trading in ready-mixed concrete. Others is engaged in investment holding and property management services. MPB's product range includes landed residential properties in addition to its commercial and mixed developments. On March 3, 2011, Magna City Development Sdn Bhd completed the acquisition of two parcels of freehold land. During the year ended December 31, 2010, the Company acquired the remaining 10% interest not owned by the Company in Pembinaan Contamaju-Infocast Sdn. Bhd. (PCI). In November 2011, the Company acquired a freehold land.
setia2uYes, rumors is still a rumors, but the action today spoke for itself, someone is collecting more today before an announcement is made soon. I don;t intend to speculate the rumors here, BUT ....if interested, do BUY!
88luckybullSold at average RM1.14. wait for price lower to buy back.
88luckybullThis quarter result maybe lower than q-t-q...., if no dividend declared then it will be RM0.50...haha ...my target price soon....wait for u to come down...haha
88luckybullWhy nobody want sell ????? No dividend or bonus ? Sellllllll???
88luckybullIslamic fund to buy shariah counter ? Magna is newly include as shariah counter ?
Angielim995588luckybull , do you know magna do what biz, why price seem very strongsupports , is a good company >?
88luckybullMain business involve property. NTA RM1.83 and just include as a shariah counter are the main reasons attracted a lot support to the price.....hopefully got news ...the price will shoot up to RM1.85...
Angielim995588luckybull thanks 88luckybull , underastand ,actually I quite like property counters , so I target Magna . but 88luckybull I feel the shariah counter actaullyquite normal issue what , becaUSE many good counters also not under shariah counter , seem shariah counter is not a big deal ?
88luckybullNot every counter can be shariah counter....it is added value for Magna.
88luckybullHaha.... good upward movement..,,maybe the power of shariah fund buying,..still have big gap upward to match with NTA RM1.83.
88luckybullClosed at RM1.10....still far away from NTA RM1.83. ...need shariah fund power, window dressing power and bonus issue / dividend to push further upward price. Potential big gap upward to make money.....buy buy...buy ..haha.
Angielim995588luckybull , Magna new qr drop 96% from the net profit, do you think will effect magna ?
88luckybullIt is a good opportunity to buy at lower price now....create a chance to buy lower.. just buy ,...buy..haha.. window dressing will push up further in year end closing.