MMAG HOLDINGS BERHAD

KLSE (MYR): MMAG (0034)

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Last Price

0.375

Today's Change

+0.175 (87.50%)

Day's Change

0.20 - 0.375

Trading Volume

163,078,300


17 people like this.

11,221 comment(s). Last comment by future 1 hour ago

anisbin

649 posts

Posted by anisbin > 2 months ago | Report Abuse

Go go go MMAG...❤️
Resistance 13 sen...

CharlesT

14,587 posts

Posted by CharlesT > 2 months ago | Report Abuse

Those subscribed the rights at RM0.10 are making Rm0.065 cents or 65% now

Rm0.125 + 0.5WC (Rm0.08)= RM0.165

Dont play play with Victor Chin

fl888

7,542 posts

Posted by fl888 > 2 months ago | Report Abuse

15cts TP ?

fl888

7,542 posts

Posted by fl888 > 2 months ago | Report Abuse

Remember Vortex

CharlesT

14,587 posts

Posted by CharlesT > 2 months ago | Report Abuse

Slow n steady...Victor wanna fry to the moon ah?

Kim

3,932 posts

Posted by Kim > 2 months ago | Report Abuse

Later rocket =)

Rose001

41 posts

Posted by Rose001 > 2 months ago | Report Abuse

https://youtu.be/MjGxPd1d6Vo lucky i watched her video and sold my position too this morning

Posted by whistlebower99 > 2 months ago | Report Abuse

FOR NEWBIES

TAKE NOTE OF RECENTLY COMPLETED CORPORATE EXERCISE :-

A. CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("COMPANY") ("MMAG SHARE(S)") HELD AS AT 5.00 P.M. ON 30 OCTOBER 2023 ("ENTITLEMENT DATE") INTO 1 MMAG SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")
https://www.klsescreener.com/v2/stocks/announcement/0034/2481685

2,422,391,577 MMAG Shares consolidated into 242,239,061 Consolidated Shares on 31 October 2023

================
B. RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,453,434,366 NEW ORDINARY SHARES IN MMAG HOLDINGS BERHAD ("SHARES") ("RIGHTS SHARES") ON THE BASIS OF 6 RIGHTS SHARES FOR EVERY 1 SHARE HELD AS AT 5.00 P.M. ON 21 DECEMBER 2023 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, TOGETHER WITH UP TO 726,717,183 FREE DETACHABLE WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE")
https://www.klsescreener.com/v2/stocks/announcement/0034/2482055

Listing of 1,453,434,366 Rights Shares together with 726,717,178 Warrants on 23 January 2024.

================
Before share consolidation, NOSH = 2,422,391,577
After share consolidation and rights issue, NOSH = 1,695,673,427
Again BILLION of shares issued !!!

https://www.klsescreener.com/v2/stocks/view/0034/mmag-holdings-berhad

================
Current NOSH of 1,695,673,427 will continue to rise if directors continue with the bad habit of raising fund via shares issuance to PP, ESOS, RI, asset acquisition...
Retail shareholders equity % and EPS will continue to be diluted by massive shares issuance
Company directors collected lots of money from subscribers of rights issue

================
If company continue with annual losses, price will likely drop back to the level before share consolidation

==============
Continue to monitor
quarterly results
directors plan for utilisation of company funds
directors plan for more fund raising via shares issuance to PP, ESOS or asset acquisition

MACD

109 posts

Posted by MACD > 2 months ago | Report Abuse

H4 macd start to cross down 😋

ysyap84

152 posts

Posted by ysyap84 > 2 months ago | Report Abuse

For those who take up the 6,000 units of RI at 0.10 and "complement" with 3,000 units of Warrant. Based on today warrant price at 0.065, the average cost will be RM0.0967 (RM6,000 - RM195/6,000). Not much can make.

ysyap84

152 posts

Posted by ysyap84 > 2 months ago | Report Abuse

MACD, ya loh, MACD showed a temporary downtrend....correction continue to take place

scjm

2,512 posts

Posted by scjm > 2 months ago | Report Abuse

now shift attention to ingenieu

Posted by Alan Tan > 2 months ago | Report Abuse

ysyap84

For those who take up the 6,000 units of RI at 0.10 and "complement" with 3,000 units of Warrant. Based on today warrant price at 0.065, the average cost will be RM0.0967 (RM6,000 - RM195/6,000).
-----------
Hello, should be
(RM6,000 - RM1950/6,000)
Mother be 0.0675
Correct?

Posted by Alan Tan > 2 months ago | Report Abuse

THE BASIS OF 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED

CharlesT

14,587 posts

Posted by CharlesT > 2 months ago | Report Abuse

Rm0.105 + 0.5WC (xRm0.065)=RM0.1375

Rm0.0375 or 37.5% profit

Too complicated ah?

Posted by Alan Tan > 2 months ago | Report Abuse

Mean operator currently already 37% profit within a month. High risk

Posted by LHT4216148 > 2 months ago | Report Abuse

any good stock to buy for this short period of time ? this stock can buy in ? Why in january most of the stock is dropping ? Sorry cause i just come back to stock market hahaha ...

scjm

2,512 posts

Posted by scjm > 2 months ago | Report Abuse

watch ingenieu

Michael Kwok

6,092 posts

Posted by Michael Kwok > 2 months ago | Report Abuse

Mmag
12 cents
If can up with 30 million range volume,with up more broad(12.5-13 cents),then confirm posible a big boom coming.
7/3/24 2.20pm

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

If you saw mikael comment, just stay away.

scjm

2,512 posts

Posted by scjm > 2 months ago | Report Abuse

it's ingenieu week of action

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

looks promising. ill be available this week anyway. time to scalpinggggg

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

Wow Gap Up. Yummy~ That Ages really want my money.

TCH1186

907 posts

Posted by TCH1186 > 2 months ago | Report Abuse

Standby tomorrow.

TCH1186

907 posts

Posted by TCH1186 > 1 month ago | Report Abuse

Tp 20c

Posted by stevewill > 1 month ago | Report Abuse

Not bad at all! Looks like those who bought into the rights issues are still seeing some profit, even if it's just a little. Currently, it's RM0.01, but when you add in the current price of RM0.095 and factor in the bonus or dividend of RM0.03, it brings the total to RM0.11. Every little bit counts, right?

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Today start. Wait & see =)
Anytime engine

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Nanti start up =)

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Watch closely and Fasten seatbelt
also watch WC waarant =)

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Percaya?

OK lets kaboom 4 PM

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Lets move more upward

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

MMAG-WC

Watch this accumulating.
Coming higher push mother this week

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Test hit 15 sen

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Tomorrow rally

Posted by Alan Tan > 1 month ago | Report Abuse

Warrant volume so huge. Another operator is taken over?

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Believe it.

Going to Kaboom like no tomorrow this week!

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

To cross 0.16 sen

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

x percaya? FLY CRAZY today

Posted by babayaga67 > 1 month ago | Report Abuse

bro Kim, Ada news ka today ?

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

New party's taking up the warrant.
the topic is warrant.

Zachzach

749 posts

Posted by Zachzach > 1 month ago | Report Abuse

wow .. ure here Kim..pls check on sendai too

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Warrant =)

ju2862

14 posts

Posted by ju2862 > 1 month ago | Report Abuse

mother can fly?

Posted by whistlebower99 > 1 month ago | Report Abuse

Be careful of company directors who are good in fund raising via shares issuance to lose money in business.
Powerful operators ready to push warrant price higher than shares price.
Don't be caught at ridiculous high price.

Posted by youarewelcome88 > 1 month ago | Report Abuse

The WC price is at a ridiculous level...

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

@Zachzach

To settle warrant
Btw Check ur inbox

chinkyli

33 posts

Posted by chinkyli > 1 month ago | Report Abuse

Both stopped?

Kim

3,932 posts

Posted by Kim > 1 month ago | Report Abuse

Lets go

Za1234

50 posts

Posted by Za1234 > 1 month ago | Report Abuse

mr kim...............how far MMAG can go?...............

chinkyli

33 posts

Posted by chinkyli > 1 month ago | Report Abuse

Advise us please Mr. Kim.

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