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

Investhor

532 posts

Posted by Investhor > 2014-04-03 12:31 | Report Abuse

This company NTA 10.5c so now trading at discount to NTA..some might see as short term opportunity to gain from panic selling

0007

1,134 posts

Posted by 0007 > 2014-04-03 12:36 | Report Abuse

Haha , I tell u all a secret .

azzet

82 posts

Posted by azzet > 2014-04-03 13:44 | Report Abuse

0007 its open secret lol...

samjoeys

233 posts

Posted by samjoeys > 2014-04-03 13:48 | Report Abuse

??????????

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 13:51 | Report Abuse

He is CBL!!!

samjoeys

233 posts

Posted by samjoeys > 2014-04-03 13:58 | Report Abuse

i thought they will doing recycle until 0.005

Posted by Sex Hong John Foo > 2014-04-03 14:26 | Report Abuse

Engine start, moving downward

clp72

814 posts

Posted by clp72 > 2014-04-03 14:36 | Report Abuse

I see this reaching 0.07

Posted by Muhammad Mustaqim > 2014-04-03 15:14 | Report Abuse

sold alredy more than half of my share to cut lost..dis morning put it on the omedia..luckily omedia up today..so the lost can be covered..

mmtalents

506 posts

Posted by mmtalents > 2014-04-03 15:28 | Report Abuse

many hands kena burnt? this counter's show always the same, investors really had short memory

clp72

814 posts

Posted by clp72 > 2014-04-03 16:54 | Report Abuse

coming soon

asdfgh

4 posts

Posted by asdfgh > 2014-04-03 17:01 |

Post removed.Why?

eu7985

1,086 posts

Posted by eu7985 > 2014-04-03 17:40 | Report Abuse

Bursa issue uma for what? I x see any effect on it lo, ppl still dump it non stop..

Cweed

2,262 posts

Posted by Cweed > 2014-04-03 19:10 | Report Abuse

Question is, why press down a counter if not to collect and sell at higher price later?

Cweed

2,262 posts

Posted by Cweed > 2014-04-03 19:12 | Report Abuse

Vincent688, u mentioned u have won several times, playing this counter. Will it stop playing after an UMA ?

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 20:35 | Report Abuse

Actually i hav collected a bit today at .09, if drop further i will buy more, cause this company hav revenue and business, no announment that director disposing, my opinion is the shark is pressing down d price to collect, my advise that can collect below .09 and hav holding power until qtr result, good luck

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 20:38 | Report Abuse

I think most of d invester holding at very high price and not wiling to cut loss, that why d shark put so much effort to press down d price

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 20:48 | Report Abuse

If invester hold at high price, now is d time to average down to free yourself later, most of d invester also hav d same thought and buy value of few million at .09

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 20:54 | Report Abuse

This few day is time to colkect cause many contra player will suffer after UMA

Cweed

2,262 posts

Posted by Cweed > 2014-04-03 20:55 | Report Abuse

Any idea, at what price the shark started to acquire this round?

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 20:56 | Report Abuse

I think shark hav collect a lot this few days

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 21:01 | Report Abuse

I think ( i think only) the lowest is .08/0.85 because of contra player, most of d investerz r bottom feeder

Cweed

2,262 posts

Posted by Cweed > 2014-04-03 21:30 | Report Abuse

Meaning, it would bounce back after 0.085 to 0.15 Remember - d co need $ to finance future projects after signing d MOU.

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 21:33 | Report Abuse

How high i don't know, if the u see seller keep coming out, u should sell and wait patiently for d price to drop like now

Cweed

2,262 posts

Posted by Cweed > 2014-04-03 21:35 | Report Abuse

Cannot play contra. Must not panic oso. Panic selling will lose $. Last Q report positive. This Q, with MOU in place, can anticipate even better results.

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 21:40 | Report Abuse

But so many invester cannot tahan and buy when they see d stock almost finish sapu by other ppl, this is like fishing trick. When seller que a lot, panic seller and contra player will que, shark will eat then push down again, then panic seller and contra player will que again, shark eat again, and repeat until shark eat enought

Cweed

2,262 posts

Posted by Cweed > 2014-04-03 21:42 | Report Abuse

I think tp 0.11-0.12 easily achievable. Their director had a habit of acquiring n disposing with a min. 0.02 difference. Last round, he acquired 19mil # @0.09, disposed @0.11

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 21:43 | Report Abuse

This trick also happen in TMS remember, but after a while the price start moving up, u must hav holdiing power as i said earlier

brendonyeap

1,648 posts

Posted by brendonyeap > 2014-04-03 21:44 | Report Abuse

I had bought at 7sen last year and managed to sell at 11.5sen in March..made a handsome 25k profit

Cweed

2,262 posts

Posted by Cweed > 2014-04-03 21:46 | Report Abuse

Local co. Not China co. Won't close shop just like that one... Haha! No fear. Like u, I also bot some today.

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 21:46 | Report Abuse

I think this round d price will up very high, but also depan on market force

Cweed

2,262 posts

Posted by Cweed > 2014-04-03 21:49 | Report Abuse

As long as no panic selling, price will recover. Good oso lah most contra players flushed out. Else, how the price can go up?

Cweed

2,262 posts

Posted by Cweed > 2014-04-03 21:53 | Report Abuse

Brendonyeap, good for u ;) What's important is volume. And it's here. Haha!

Vincent688

295 posts

Posted by Vincent688 > 2014-04-03 21:54 | Report Abuse

Most of d share i think bought by director's relative and friend, that why they can push up and down as they wish, they won't let u all make money from them unless u r smart and follow their trend, but if u buy at low price u don't hav to worry, price will up just a matter of time only. If they push too low, othet shark will eat them, good luck, that all i can share with u all

bull007

251 posts

Posted by bull007 > 2014-04-03 23:54 | Report Abuse

Who cares about the uma. Same copy and paste reply. They will buy big volume and price start to move up. They start to sell with 1-2c gain on contra. Remember 1c gain is equiv 10%. They are always one step ahead of us.

Posted by Chua Boon Chin > 2014-04-04 09:18 | Report Abuse

Vincent688 ! Wait another one year ! Trend like down ! Not more up any more ! The lower it drop ! Maybe 0.55

Posted by Chua Boon Chin > 2014-04-04 09:20 | Report Abuse

Victim unccalculated ! Dead stock any way ! Bye bye .all the way hell !

Posted by aisyalkai > 2014-04-04 09:26 | Report Abuse

realy hop price wll up...i still keep alot their cip

Vincent688

295 posts

Posted by Vincent688 > 2014-04-04 09:28 | Report Abuse

Mr cbc, i bought at .085 and .09, i 'm not worry, let wait and see who right

Vincent688

295 posts

Posted by Vincent688 > 2014-04-04 09:39 | Report Abuse

Mr cbc, i'm making 5k paper gain!!!

Vincent688

295 posts

Posted by Vincent688 > 2014-04-04 09:44 | Report Abuse

If i'm not mistaken, it will slowly makan all d wsy up to.11 then push up very fast

kakashi

2,943 posts

Posted by kakashi > 2014-04-04 10:58 | Report Abuse

hahaha...

bluesky90

95 posts

Posted by bluesky90 > 2014-04-04 11:52 | Report Abuse

will it go up again today?

0007

1,134 posts

Posted by 0007 > 2014-04-04 12:03 | Report Abuse

Tp still 0.045 - 0.05 , watch out !

Posted by Sex Hong John Foo > 2014-04-04 12:09 | Report Abuse

Rest time today sell 0.085, monday sell0.075

Investhor

532 posts

Posted by Investhor > 2014-04-04 14:01 | Report Abuse

Those who trying to make ppl panic sell are the one who want to collect..be careful, think thru wisely..so far no bad announcement or anything

Company NTA 10.5c..so this is a short term play by some sharks..they let ppl panic then collect, then they sell at 1-2c profit

Cweed

2,262 posts

Posted by Cweed > 2014-04-04 19:08 | Report Abuse

Guys, some good news! From Bursa's site:

The Company refers to the announcements dated 7th March 2014 and 11th March 2014 respectively and all abbreviations therein are hereby adopted. The Company wishes to announce that:

(a) The Company had filed statement of Defence in respect of the Claim on 3rd April 2014. The Company had also filed a Counter-Claim against TDSB for:

(1) Damages of RM1,000,000-00 for malicious prosecution;

(2) General damages to be assessed by court for abuse of court process;

(3) Exemplary damages in the sum of RM1,000,000-00;

(4) 5% interest on judgement sum from the date of filing until date of full settlement;

(5) Cost on indemnity basis;

(6) Any other orders which the court deems fit.

(b) INGENS had also filed statement of Defence in respect of the Claim on 3rd April 2014 together with a Counter-Claim against TDSB for:

(1) Special Damages of RM10,440,470-34;

(2) General damages to be assessed by court for fraud;

(3) General damages to be assessed by court for abuse of court process;

(4) Damages of RM1,000,000-00 for malicious prosecution;

(5) Exemplary damages in the sum of RM1,000,000-00;

(6) 4% interest on the specific damages of RM10,440,475-03 from 1st February 2010 until the disposal of this suit;

(7) 5% interest on judgement sum from the date of filing until date of full settlement;

(8) Cost on indemnity basis;

(9) Any other orders which the court deems fit.


This announcement is dated 4th April 2014.

Cweed

2,262 posts

Posted by Cweed > 2014-04-04 19:08 | Report Abuse

Will up, up, up on Monday! Haha!

0007

1,134 posts

Posted by 0007 > 2014-04-04 19:31 | Report Abuse

Sorry , tp still 0.04 - 0.05

izoklse

5,239 posts

Posted by izoklse > 2014-04-04 19:37 | Report Abuse

tak habis2 0007 ni. the lowest it can reach is 0.075.

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