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

hom3boy

593 posts

Posted by hom3boy > 2013-05-29 09:33 | Report Abuse

walao e, heavy buy . ?any news

tlngu

185 posts

Posted by tlngu > 2013-05-29 09:34 | Report Abuse

big block too....

alexhong81

213 posts

Posted by alexhong81 > 2013-05-29 09:35 | Report Abuse

something fishy, very heavy buy and seller volume very high at 0.13. they almost wipe out all at 0.13 and then, out of nowhere, another huge selling volume appears at 0.13. Either its accumulating phase at 0.13 prior to the run or might succumb at 0.13

alexhong81

213 posts

Posted by alexhong81 > 2013-05-29 09:43 | Report Abuse

Any experienced Ingens traders who can give us some clue?

Awesome

1,221 posts

Posted by Awesome > 2013-05-29 10:34 | Report Abuse

perhaps we should wait for the announcement of the quarter result around today or tmr

alexhong81

213 posts

Posted by alexhong81 > 2013-05-29 10:36 | Report Abuse

Yes, agree. Financial report is up soon.
now waiting for 0.135 to be taken up. Once it pass 0.135, target price 0.15 (just my thoughts)

tedbeh

303 posts

Posted by tedbeh > 2013-05-29 10:57 | Report Abuse

The first 9 months result was positive, making RM6mil profit, versus Loss of 1.9m in the corresponding year. The new report should be good, turnaround from loss making company to profitable company. Moreover, there was a 30,000,000 private placement, looking good. But whether it can climb back to the level of 0.50 in 2012, is still a question mark. It looks like a steal at 0.13

Meng

1,148 posts

Posted by Meng > 2013-05-29 18:27 | Report Abuse

is this good news or bad?
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING

Awesome

1,221 posts

Posted by Awesome > 2013-05-29 20:18 | Report Abuse

somebody subscribe to its share.. tmr will fly =)

Posted by littleshark > 2013-05-29 21:56 | Report Abuse

Due to the private placement we hv more seller that want to lock in profit in short term.

Rose

436 posts

Posted by Rose > 2013-05-29 22:21 | Report Abuse

When the company is making profit , everyone would want a piece of it. Not necessary private placement holders are all short term players, some who see good prospects in the future of the company may go for the long haul.

Awesome

1,221 posts

Posted by Awesome > 2013-05-29 23:21 | Report Abuse

I see good prospect

richrich8

248 posts

Posted by richrich8 > 2013-05-29 23:43 | Report Abuse

Any idea how the co plan to use the fund raised??

Another turning around story soon?

When is the Quarter report date?

Meng

1,148 posts

Posted by Meng > 2013-05-30 13:26 | Report Abuse

Someone pls sumarize the q financial report, looks ok but not..

Awesome

1,221 posts

Posted by Awesome > 2013-05-30 13:34 | Report Abuse

the revenue increase tremendously.. is a good sign =)

Awesome

1,221 posts

Posted by Awesome > 2013-05-30 13:39 | Report Abuse

financial year end net profit 5.884 millions! well done!

Meng

1,148 posts

Posted by Meng > 2013-05-30 13:43 | Report Abuse

Thanks =) happy invest uolls

air01557

2,511 posts

Posted by air01557 > 2013-05-30 13:45 | Report Abuse

get ready to ride the next wave

alexhong81

213 posts

Posted by alexhong81 > 2013-05-30 14:02 | Report Abuse

TAke a look at the financial report. Revenue up YoY but making loss at -71k, last quarter is profit 4 mil. but of compare QoY to QoY, it improved a lot because last year Q4 making loss at 1mil

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=I&securityCode=0034

mtr27

443 posts

Posted by mtr27 > 2013-05-30 14:56 | Report Abuse

If profit so good, why the price not moving yet??

Posted by inikalilah888 > 2013-05-30 15:38 | Report Abuse

inikalilah, kasi break 0.130

tktk

152 posts

Posted by tktk > 2013-05-30 15:38 | Report Abuse

start wake up

Awesome

1,221 posts

Posted by Awesome > 2013-05-30 15:46 | Report Abuse

Chillax.. Up slow and steady

Posted by Zubaidi Udin > 2013-05-30 15:54 | Report Abuse

vrooooom..up.up

Awesome

1,221 posts

Posted by Awesome > 2013-05-30 16:04 | Report Abuse

KUALA LUMPUR (May 30): Ingenuity Consolidated Bhd’s net loss narrowed to RM71,000 in the fourth quarter ended March 31, 2013 (4QFY13) from a net loss of RM1.29 million a year earlier.

The information and communication technology firm told the exchange today that revenue more than tripled to RM136.29 million from RM37.48 million.

Cumulative full-year net profit came to RM5.88 million versus a net loss of RM3.21 million. Revenue jumped more than eight fold to RM553.51 million from RM63.93 million.

Ingenuity said 4QFY13 revenue had included full-year contribution from its unit Vistavision Resources Group.

Looking ahead, Ingenuity said it is "cautiously optimistic" of its prospects for FY14. This is in anticipation of a competitive business landscape amid a still-weak world economy.(theedgemalaysia)

Orson Chin

2,050 posts

Posted by Orson Chin > 2013-05-30 16:08 | Report Abuse

means good?

Awesome

1,221 posts

Posted by Awesome > 2013-05-30 16:08 | Report Abuse

Good

banana86

301 posts

Posted by banana86 > 2013-05-30 16:37 | Report Abuse

seems like somebody is pressing the price at 0.13

tktk

152 posts

Posted by tktk > 2013-05-30 16:40 | Report Abuse

hard break 0.13

Awesome

1,221 posts

Posted by Awesome > 2013-05-30 16:47 | Report Abuse

jz be patiance =)

Posted by inikalilah888 > 2013-05-30 16:47 | Report Abuse

Super WALL 0.13

wlmak

506 posts

Posted by wlmak > 2013-05-30 16:55 | Report Abuse

aiya.. if the directors dont take directors fees. can turn the 71k net loss to net profit la

Awesome

1,221 posts

Posted by Awesome > 2013-05-30 16:59 | Report Abuse

seems like the wall is going to be broken soon.. maybe by tmr will sky high

Risk Trader

3,942 posts

Posted by Risk Trader > 2013-05-30 17:18 | Report Abuse

Tomorrow will fly to 0.15 cent...happy intraday trading

Risk Trader

3,942 posts

Posted by Risk Trader > 2013-05-30 17:24 | Report Abuse

Next qtrly confirm with profit based on revenue more than tripled from 1st qtr

alexhong81

213 posts

Posted by alexhong81 > 2013-05-30 20:51 | Report Abuse

0.13 is really a mystery. someone is exchanging hands at 0.13
i have a feeling those who bought the private placement at 0.10 are selling at 0.13. Very high selling volume coming exactly at 0.13 for the past few days.

Revenue record high due to acquisition of vistavision resources

mtr27

443 posts

Posted by mtr27 > 2013-05-30 21:54 | Report Abuse

do we retailer trap again in the middle? I'm enough with this, tomoro i'm going to sell all my unit..we always victimised when it comes to 'corporate syndicate' or shall i say sindiket keparat...

Awesome

1,221 posts

Posted by Awesome > 2013-05-30 22:17 | Report Abuse

No worry ;)

IniKaliLah

295 posts

Posted by IniKaliLah > 2013-05-30 22:20 | Report Abuse

Ingen sudah panas....so tomorrow will fly very high....TP for next month is 0.20 cent

Meng

1,148 posts

Posted by Meng > 2013-05-30 22:30 | Report Abuse

if not fly dont panic, just hold for mid term.. no such thing easy money. easy come easy go

happy88

245 posts

Posted by happy88 > 2013-05-30 22:34 | Report Abuse

Betulkah ni, 20 cents next month?

Awesome

1,221 posts

Posted by Awesome > 2013-05-30 22:40 | Report Abuse

Yaya..spare the speculation & we shall see the miracle;-)

Awesome

1,221 posts

Posted by Awesome > 2013-05-31 09:01 | Report Abuse

I feel that some good announcement coming soon.. any ideas guys?

alexhong81

213 posts

Posted by alexhong81 > 2013-05-31 09:06 | Report Abuse

Ya, I agree with mtr27, sometimes we get caught in the keparat play...

however, this ingens financial report for the year post really good revenue and profit. I mean its the first time this company managed to hit real profit.

Just like Meng said, no easy money. Hold for mid term

alexhong81

213 posts

Posted by alexhong81 > 2013-05-31 09:15 | Report Abuse

And its good to see Ingens P/E ratio for the first time !

peter89

237 posts

Posted by peter89 > 2013-05-31 09:16 | Report Abuse

still cannot break 0.13. haiz

Awesome

1,221 posts

Posted by Awesome > 2013-05-31 09:27 | Report Abuse

.135 ady la boss.. some big sharks are clearing the way..

peter89

237 posts

Posted by peter89 > 2013-05-31 09:34 | Report Abuse

ingen-warrant gogogo

banana86

301 posts

Posted by banana86 > 2013-05-31 09:52 | Report Abuse

y ppl stil throwing price at 0.13?

Posted by jackiewong88 > 2013-05-31 10:01 | Report Abuse

But a lot of ppl buying at 0.13 too..

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