MMAG HOLDINGS BERHAD

KLSE (MYR): MMAG (0034)

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Last Price

0.32

Today's Change

+0.015 (4.92%)

Day's Change

0.305 - 0.325

Trading Volume

1,437,100


17 people like this.

11,343 comment(s). Last comment by newbie5354_ 1 week ago

cK1973

1,840 posts

Posted by cK1973 > 2 months ago | Report Abuse

still 30c....
need to breakout from 30c.....

Zachzach

1,251 posts

Posted by Zachzach > 2 months ago | Report Abuse

bila nak terbang??

cK1973

1,840 posts

Posted by cK1973 > 2 months ago | Report Abuse

still holding strong at 30.....
currently no direction .....
it can either go up or down...
need to break 30 to form uptrend movement...
if drop below 27, might see retracement back to 15c.....
high risk high gain....
no risk no gain......

cK1973

1,840 posts

Posted by cK1973 > 2 months ago | Report Abuse

if can sustain at 29-30 range for this week,
then consider not bad...
don't think it will go above 30 for this week....

Posted by iCashBooster > 2 months ago | Report Abuse

paria stock will go nowhere

cK1973

1,840 posts

Posted by cK1973 > 2 months ago | Report Abuse

still sustaining at 30....
need to break 30....
up or not, i m not sure....
but need to break...

Posted by iCashBooster > 2 months ago | Report Abuse

just movement of trap. they will steal all investor money, management team bad, nta bad, financial background also bad. Don't ever wasting your time to put your money on this counter. Try others !

Posted by iCashBooster > 2 months ago | Report Abuse

no need break also will still break downside. Mark my word

Zachzach

1,251 posts

Posted by Zachzach > 2 months ago | Report Abuse

the highest yesterday 0.52 then down
today highest 0.51 only

speakup

26,374 posts

Posted by speakup > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/713863
Mmag can trust?

cK1973

1,840 posts

Posted by cK1973 > 2 months ago | Report Abuse

closing at 30c and sustainable.....
penny stocks all behave like that...
purely TA and cannot base on FA and BOD and Mgmt .....
More for speculation.....

cK1973

1,840 posts

Posted by cK1973 > 2 months ago | Report Abuse

If break below 30......
changes to go back to 10c is always there...
if can sustain and move higher....
we might see the range of 40-50c.....
choice is yours

speakup

26,374 posts

Posted by speakup > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/713863

Is this the end of Victor Chin,?

speakup

26,374 posts

Posted by speakup > 2 months ago | Report Abuse

Besok limit down?

Jaeger

89 posts

Posted by Jaeger > 2 months ago | Report Abuse

Back to 20sen?

Zachzach

1,251 posts

Posted by Zachzach > 2 months ago | Report Abuse

surprisingly its up to 0.31 as i speak now

speakup

26,374 posts

Posted by speakup > 2 months ago | Report Abuse

Ni Victor Chin memang powerful

speakup

26,374 posts

Posted by speakup > 2 months ago | Report Abuse

Many uncles auntys pakcik makciks trapped at high floor waiting for Victor Chin to free them

cK1973

1,840 posts

Posted by cK1973 > 2 months ago | Report Abuse

sustaining well at 30....
Up or down?

cK1973

1,840 posts

Posted by cK1973 > 2 months ago | Report Abuse

still strong at 30.....
no direction already.....

cK1973

1,840 posts

Posted by cK1973 > 2 months ago | Report Abuse

still stay put at 30.....
hope to see the price go down soon......

speakup

26,374 posts

Posted by speakup > 2 months ago | Report Abuse

Why super strong support at 30¢? Victor Chin suka nombor 30?

kangcs

729 posts

Posted by kangcs > 1 month ago | Report Abuse

Lai LIAO....GO GO GO

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

Previous Corporate exercises

Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000
20 Oct 2017 01 Nov 2017 Rights Issue (warrant) 1 : 2 0.2500
20 Oct 2017 01 Nov 2017 Rights Issue 2 : 1 0.0500
28 Jun 2017 10 Jul 2017 Share Consolidation 4 : 1

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

Look at Capital Changes and Annual P/L in above link

=============
NOSH = 1,992,713,801
WC = 429,676,804
After latest share consolidation and fund raising via massive rights issue, NOSH approaching 2 BILLION shares !!

Multi year loss making company
10 years losses in a row !!! (2015 to current)

==================
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

================
Don't be caught at high price !!!
Price might eventually dipped below 10sen again when directors unable to turn around the business losses

speakup

26,374 posts

Posted by speakup > 1 month ago | Report Abuse

Victor Chin is back with vengence!

speakup

26,374 posts

Posted by speakup > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/713863
got new update that why mmag shoot up?

newbie2018

173 posts

Posted by newbie2018 > 1 month ago | Report Abuse

Director charged not bad news meh?
https://theedgemalaysia.com/node/713863

Posted by whistlebower99 > 1 month ago | Report Abuse

Crooks now fighting among themselves ?

cK1973

1,840 posts

Posted by cK1973 > 1 month ago | Report Abuse

still in the range of 30-32....
must break 40....
wait and see.....

cK1973

1,840 posts

Posted by cK1973 > 1 month ago | Report Abuse

still holding strong at 31-32....
need to break 40....
wait....

newbie9893

2,166 posts

Posted by newbie9893 > 1 month ago | Report Abuse

MMAG resistance breakout...will spike up to the moon

newbie9893

2,166 posts

Posted by newbie9893 > 1 month ago | Report Abuse

still not too late to sapu MMAG@0.34 now, you won't be able to get this price in afternoon section...

speakup

26,374 posts

Posted by speakup > 1 month ago | Report Abuse

Ni Victor Chin memang kuat goreng

cK1973

1,840 posts

Posted by cK1973 > 1 month ago | Report Abuse

as long the price didn't go down to below 30....
I think is a good trending for future upwards.....
yet to see the price test back the previous higher range of 35-40.....
to be safe to go in, technically need to see the price break above 40 and sustaining.....
otherwise, i would say it will trend between 30-35 range only.....
not much action and not so good for traders....

cK1973

1,840 posts

Posted by cK1973 > 1 month ago | Report Abuse

still within the range of 30....
good sign....

SWX1987

75 posts

Posted by SWX1987 > 1 month ago | Report Abuse

this stock is now hot hot!!! warrant is moving!!! do you think warrant will bring mother go as well?

Posted by whistlebower99 > 1 month ago | Report Abuse

FOR NEWBIES

WC = 423,077,604
Maturity 2029-01-15
Strike value 0.1500

Current price = 0.26

https://www.klsescreener.com/v2/stocks/view/0034WC

Don't be caught at high price and end up with worthless warrants approaching expiry date

cK1973

1,840 posts

Posted by cK1973 > 1 month ago | Report Abuse

sustaining well at range 33-35....
need to break 40....
let's see whether it will happen or not in coming days....
stay tune guys.....

cK1973

1,840 posts

Posted by cK1973 > 3 weeks ago | Report Abuse

still holding strong at 33....
son already 26-28 range...
any manipulation here ?....

speakup

26,374 posts

Posted by speakup > 3 weeks ago | Report Abuse

This is control by Goreng King Victor Chin.
U make money or not is up to him

cK1973

1,840 posts

Posted by cK1973 > 3 weeks ago | Report Abuse

son reached 32.....
wow.......

hinakojw

34 posts

Posted by hinakojw > 3 weeks ago | Report Abuse

Can somebody teach I why MMAG-WC which was free warrant can climb up so much until 0.305 vs mother share of MMAG which only 0.33 ?

speakup

26,374 posts

Posted by speakup > 3 weeks ago | Report Abuse

Because mmag syndicate is Goreng King Victor Chin

hinakojw

34 posts

Posted by hinakojw > 2 weeks ago | Report Abuse

Only 2 days without any news sudden drop back to 0.25.....OMG !
Suppose got profit, now become in red....

Posted by whistlebower99 > 2 weeks ago | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000
20 Oct 2017 01 Nov 2017 Rights Issue (warrant) 1 : 2 0.2500
20 Oct 2017 01 Nov 2017 Rights Issue 2 : 1 0.0500 View
28 Jun 2017 10 Jul 2017 Share Consolidation 4 : 1 View
09 Jun 2011 21 Jun 2011 Rights Issue (warrant) 2 : 1 View

Multi year losses.
9 continuous years in a row recording losses since 2015 !!!

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

Check P/L and Capital Changes

=====================
NOSH = 2,000,259,001 (2 BILLION shares !!!) after share consolidation in Oct 2023

NOSH exceeded 2 BILLION shares again after massive fund raising via RI in Dec 2023 and conversion of warrants

Expect directors to continue massive fund raising via shares issuance to PP, ESOS, RI, asset acquisition, etc

Expect NOSH to continue to rise further
Shareholders equity % and EPS will be further diluted with more fund raising via shares issuance

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

Posted by whistlebower99 > 1 week ago | Report Abuse

FOR NEWBIES

Announced EX Date Subject Ratio Offer
07 Dec 2023 20 Dec 2023 Rights Issue (warrant) 6.0000 : 1.0000 0.1000
16 Oct 2023 27 Oct 2023 Share Consolidation 1.0000 : 10.0000 View

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

MMAG still holding strong after share consolidation and massive rights issue

NOSH = 2,000,259,001
9 years of continuous annual losses since 2015

===============
After share consolidation, TECHNAX has crashed from high of 0.395 to 0.10 (7/8/24) within 3 months

=============
Interesting to see how long MMAG can maintain its price with another year of massive annual loss


newbie5354_

1,279 posts

Posted by newbie5354_ > 1 week ago | Report Abuse

35 sen why CBL or Chan Swee Ying not selling good?

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