PublicInvest Research
TECHNICAL BUY - MAG (0095)
PublicInvest
Publish date: Mon, 28 Feb 2022, 11:09 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
Description
MAG is currently an aquaculture-based food producer.
Fundamentals
MAG would continue to focus on aquaculture business as the main business driver. The combined strength of Wakuba Farm and North Cube Farm creates economies of scale and synergy from cultivation to producing the finished products. The group expects to gain cost efficiency and higher production volumes and contribute meaningfully to the group’s financial performance going forward.
Source: PublicInvest Research - 28 Feb 2022
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