Rumors said that there will be a new substantial shareholder lo

P.S. It's a treasure then when it goes up 😆

The share price raised to 20 sen in April. Any particular rumors that time ?

Weakness now. Buy on weakness 😁

New substantial shareholder will be announced soon, I think 🙂

How familiar are you with the UK water industry, dragon328 ? 🙂

New shareholder = New management = New blood 😁

Shorties win this round 😂

If there is will, there is way. I am pretty sure current management will do something to turn this around

YTLPower is gaining power to hit RM6 this month 😁

This company's business is quite diversified. Can chip in some to hedge against uncertain market conditions

Boring for day traders 😂

By the way, Lee Chong Wei is still in the top 30 shareholders list 😁😁

Thank you, Six6thsense. Guess you sold it at 2.50 because I bought it at that price 😁

If you trade instead of investing and try to get a 50% return, then tp when it's at 30 cents

OPEC Remains Optimistic About Global Oil Demand

https://oilprice.com/Latest-Energy-News/World-News/OPEC-Remains-Optimistic-About-Global-Oil-Demand.html

wow, raise RM100 million !! The company will get big contracts ? 😮

It will go up higher when q3 result is out

Perak theme now after Johor theme ? 😁

https://www.dagangnews.com/article/perak-di-kedudukan-strategik-tarik-pelabur-berimpak-tinggi-37428

What about you, cgtan2020 ? 😄

Cuti-cuti Malaysia and hospitality business has performed well since early January

Look at its NOSH. Surely will kena short squeeze if you short

So Magma has an opportunity to show huge improvement in quarterly results at the end of this month

Tourism in Malaysia is on the rise, with 5.8 million tourists in the first quarter of 2024, says Datuk Seri Tiong King Sing

What kind of write-off?

Next rally will come when it announces Qr this month end

Now EIA estimates slower world oil demand growth in 2024 ... 😅

https://www.offshore-technology.com/news/eia-estimates-slower-world-oil-demand-growth-in-2024/

Yay, cuti- cuti Malaysia and Perak ! Magma is on the uptrend mode

680,000 shares of Hibiscus = around RM1.78 mil 😮
You r millionaire, James

Cuti-cuti Perak in May 😎
(bernama.com/en/news.php?id=2292032)

Goreng moment for O&G counters

May is coming. The number of tourists, especially Chinese tourists, will increase

Global oil demand will pick up strongly in May & June 😉

https://oilprice.com/Energy/Crude-Oil/Standard-Chartered-Global-Oil-Demand-Will-Pick-Up-Strongly-In-May-And-June.html

This might benefit the company: https://www.thestar.com.my/news/nation/2024/04/19/perak-welcomes-investors-to-boost-hotel-sector-and-tourism-says-exco-man

oil price will continue to go up
https://abcnews.go.com/International/live-updates/israel-gaza-hamas-war/?id=108860743

The number of tourists in Malaysia has been increasing recently and its hospitality business will be boom

OIL prices slipped for the third straight session on Wednesday as likely higher U.S. commercial inventories weighed, while weaker economic data from China and dimmed prospects of interest rate cuts stoked worries about global demand
https://www.thestar.com.my/business/business-news/2024/04/17/oil-dips-as-demand-worries-outweigh-middle-east-supply-risks

Time for Magma to turnaround this year

Oil market continues the uptrend

https://www.freemalaysiatoday.com/category/business/2024/04/12/oil-resumes-gain-as-israel-prepares-for-potential-iran-attack/

Let's see the price movement after Raya holiday then ... People seem like in the holiday mode

Very unlikely, soon9913

https://www.jpost.com/israel-hamas-war/article-795866

No idea why my comment was removed 😓 Here's the link: https://themalaysianreserve.com/2024/03/27/perak-attracted-2-3m-tourists-from-dec-2023-to-feb-2024/

Post removed.Why?

Perak had attracted 2.3 million tourists from Dec 2023 to Feb 2024. Magma surely can deliver improved financial result in the next quarter

Then need to wait more than 3 years for it to hit 8.80 😆

Of course you can be greedy because Raya is coming 😁😁

oil prices continue to rise

https://www.cnbc.com/2024/04/01/crude-oil-prices-today.html

I am queuing at 20 cents too and see can match it or not today

YTLPwer was shorted over 20 million shares as at 26 Mar 😐

https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20240326.pdf?t=1711503799

start reversing? Let's see if we can pick up some on the cheap next week 🙂