Very good, Magma moving back up to 20 cents alrdy as expected 😎

IHH will continue to look for acquisitions to grow its operations as well as maximising capacity by allocating more beds in its hospitals

https://www.thestar.com.my/business/business-news/2024/04/23/ihh-to-maximise-bed-capacity-----------at-its-hospitals

It starts rebounding and it gonna break through 20 cents again

8-10% growth in steel demand in India likely in FY25
https://www.thehindubusinessline.com/companies/8-10-growth-in-steel-demand-in-india-likely-in-fy25-tv-narendran/article68098555.ece

I am queueing it at 19 cents right about now, hhehe

YTL and YTLPOWER have high chance of winning the battle . Ha

China has long holiday for labour days so Malaysia tourist rate will rise in May

FY2024 is a turnaround year for MAGMA. Stay tuned

Yup, steel price gone up due to this :
https://www.wsj.com/finance/commodities-futures/base-metal-prices-rise-in-london-after-u-s-u-k-ban-russian-origin-metals-dac4cd54

This company will deliver an improved QR next month. Let's stay with it

...Historical low price is below Rm1 btw

Looks like 20 cents is Magma's strong supporting level currently

How do you get the updated shareholding position, faralenz77? Care to share? 😊

wow, 2.3 million?! That's a lot. Can say Perak attracts 760k tourists per month 🤓

IJM still manage to stand at RM2.4x despite EPF selling it

People are booking the hotels and set their plan to travel to Malaysia during Raya. Ha

another catalyst for steel industry

https://www.thestar.com.my/news/nation/2024/04/02/penang-lrt-will-be-worth-the-hassle

yup, it's moving up slowly but steadily now

Kenanga buy call IJM, but only gave them Rm2.54 for the TP 😆

https://klse.i3investor.com/web/pricetarget/research/71089

Thursday is public holiday. People will take leave and start going vacation tomorrow night 😁 Cuti-cuti Malaysia

That's rite, newbie9893. The construction sector is on the rise, and building materials will follow up  

@kancs3118. when IJM gets the data center project like Suncon 😝

I see no sign for it to move down ... I guess it will consolidate at 0.21 there then move up when its next qr is released

After uncle aunty pakcik makcik buy it, it will break 52 weeks high 😆

Then it's chance to accumulate if it slides to 0.18 there again, hhehe

Let's see this week if it can break RM1.10 🙂

that's right. Positive tourism rates will help boost Magma's hotel business 🙂

still standing strong above RM1

Cambodia, Malaysia achieve highest tourism recovery rates in Southeast Asia. This news is music to MAGMA's ears
https://e.vnexpress.net/news/travel/cambodia-malaysia-achieve-highest-tourism-recovery-rates-in-southeast-asia-4721402.html

wait patiently. Share doesn't move in straight line

the Perak state government has reintroduced the #PromisingPerak tourism vouchers to attract more tourists. Personally, I don't think MAGMA will fall back to 0.18 again

https://www.nst.com.my/news/nation/2024/01/1003337/promisingperak-tourism-vouchers-return-visit-perak-year-2024

Rock n role 🕺 IJM is heading towards 1 year high price

This year marked a major turning point for Magma as the company won a lawsuit

Rock time for IJM? https://theedgemalaysia.com/node/703309

TNB use low voltage cable as well

https://www.bharian.com.my/bisnes/korporat/2022/10/1014980/master-tec-bekal-kabel-voltan-rendah-kepada-unit-tnb

MTEC has a good business relationship with TNB. I guess the company will acquire more projects from TNB this year

Any share buyback from the company?

Relax, MTEC is in the right industry, and the cable business is booming. According to the research, the global wire and cable compound is expected to grow at a CAGR of 8.86%

Nice, IJM is on the way to reach PBB's TP (RM2.46)

couldn't agree more. People nowadays are putting a lot of money in beauty and appearance. Influenced by kpop especially

wonder why big boss is pressing down the share ..

High chance to hit pbb de TP in 2024

next is bonus issue of free warrants to shareholders 😋

It won't be considered high anymore for its PE as there will be a Rm11.5 million profit guarantee

slowly bottoming up 🤓

Someone is collecting at 0.405 - 0.41 today by the way

almost hit one year low alrdy, can't consider chasing high if grab it now

as cruel as the reality is, people nowadays are more focused on appearance and the aesthetic business will keep growing

Lol, how can a business remains stagnant after the acquisition that able to provide RM11.5 million of profit guarantee ...