MAG HOLDINGS BERHAD

KLSE (MYR): MAG (0095)

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Last Price

0.19

Today's Change

0.00 (0.00%)

Day's Change

0.185 - 0.19

Trading Volume

361,400


9 people like this.

6,876 comment(s). Last comment by MZM2511 2 days ago

newguy0801

1,515 posts

Posted by newguy0801 > 2022-01-07 17:27 | Report Abuse

Interesting, XL went up. Yeap, I guess MAG next.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-01-07 17:28 | Report Abuse

However, I think it's a temporary pump like what happened in MAG last time. The volume still quite small. It's mostly Mr Ng's actions

陳 彥霆

905 posts

Posted by 陳 彥霆 > 2022-01-07 22:26 | Report Abuse

should be good soon !!!

Posted by superman7181 > 2022-01-10 11:06 | Report Abuse

Need wait QR dy

newguy0801

1,515 posts

Posted by newguy0801 > 2022-01-10 11:07 | Report Abuse

Yes, definitely. So, let's just sleep past CNY, okay?

newguy0801

1,515 posts

Posted by newguy0801 > 2022-01-15 10:00 | Report Abuse

How Mr.Ng always able to acquire cheaper through open market?

Posted by superman7181 > 2022-01-16 19:48 | Report Abuse

not sure , but always is off market transaction

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-07 22:43 | Report Abuse

According to Simply Wallstreet, Mr. Ng Min Lin already owns 53.61% of all outstanding shares as reported at 31st Jan 2022.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-07 22:44 | Report Abuse

The individual insiders portion is 72.2% now.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-08 16:41 | Report Abuse

Just bought 6K units of its warrant C, since the QR is coming soon.

Posted by superman7181 > 2022-02-08 20:20 | Report Abuse

Im still holding mother , bought and collect some PUC also this few days

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-09 18:49 | Report Abuse

I can almost confirm Mr. Ng will privatize the company soon with progressively increasing shareholding. With the individual insiders portion almost closing to 75%, I guess it is almost inevitable.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-09 18:52 | Report Abuse

He just bought another 0.04% of the outstanding shares. If we just assume 3% is left before the public spread limit is achieved and he buys around 0.04% per day, he just need 75 days to achieve that.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-10 12:51 | Report Abuse

Yes, MAG is just waiting to be privatized if we continue this path.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-11 15:18 | Report Abuse

Yes, my beloved chairman back in MAG. 800,000 @ 0.21.

thesteward

6,490 posts

Posted by thesteward > 2022-02-12 17:07 | Report Abuse

This kind of bosses good la. Walk the talk ma. Sendiri support sendiri share is showing faith lo …

thesteward

6,490 posts

Posted by thesteward > 2022-02-12 17:11 | Report Abuse

Nta 67 sen la cukup buffer

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-12 17:13 | Report Abuse

Lmao, I think it will be most probably get privatized by the chairman himself before he let the share price reaches so high. He already owns 53.61%.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-12 17:16 | Report Abuse

Another possibility is he will put the company under XL Holdings since the company is larger and he was just appointed as its executive chairman.

NoPainNoGain

1,018 posts

Posted by NoPainNoGain > 2022-02-15 11:23 | Report Abuse

Been waiting for eternity already lol.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-15 13:22 | Report Abuse

Posted by NoPainNoGain > Sep 30, 2021 3:55 PM | Report Abuse

A sh!tty trap counter.
Don't buy unless below 10 cents.

When you commented this on Sep 2021, you didn't realize it already rose to 0.21.

Posted by superman7181 > 2022-02-16 19:22 | Report Abuse

Out all position , not gonna wait dy .. very boring haha

param1

679 posts

Posted by param1 > 2022-02-24 19:20 | Report Abuse

esok magi mee udang galah

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-24 20:31 | Report Abuse

@superman7181, I don't think MAG will suit your taste. This counter is more like a boring stable growth counter. In my opinion, commodity stocks especially lumber, steel and oil will suit you more. Everyday new surprise for you. Good luck with your trading, dude. You've been a good mate.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-24 20:33 | Report Abuse

Just my guess, maybe up few cents then sleep until next QR.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-24 20:35 | Report Abuse

This will be the normal pattern for MAG right now, since there is no space for goreng as the insiders hold much shares (almost 75%).

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-24 20:37 | Report Abuse

Few possible scenarios are:
1) Privatization like Hock Seng Lee
2) Holding shares until certain IBs intend to invest
3) Director hold shares to goreng/dispose when the stock reaches his TP

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-24 20:43 | Report Abuse

B2 Comparison with immediate preceeding quarter’s results (cont’d)
Despite lower revenue for the current quarter, gross profit for the current quarter increased to
RM8.12 million as compared to RM7.47 million in the preceeding quarter mainly due to higher
gross margin from North Cube Sdn Bhd.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-24 20:47 | Report Abuse

^So, there will be a potentially higher revenue for MAG in the next QR thanks to festives such as CNY that is frequently associated with high prawn consumption.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-25 09:17 | Report Abuse

Just like what I predicted, only up for 1 sen and then stay frozen like the frozen prawns they sell. Won't have goreng.

thesteward

6,490 posts

Posted by thesteward > 2022-02-26 12:24 | Report Abuse

Directors has the faith to collect so much why scared . They do confident n walk the talk Ma.
Once break 25 could spike . Patient lo

thesteward

6,490 posts

Posted by thesteward > 2022-02-26 12:24 | Report Abuse

Bot many retailers di here. All washed like Clorox Bersih

thesteward

6,490 posts

Posted by thesteward > 2022-02-26 12:25 | Report Abuse

Once if break 30 interest Ma come back lo

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-26 12:59 | Report Abuse

Lol, almost no retailers dy. Don't you see how much shares the director and private company owns? General public only owns less than 5%.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-26 13:01 | Report Abuse

All the retailers here are mostly long term growth seekers if not mistaken.

newguy0801

1,515 posts

Posted by newguy0801 > 2022-02-26 13:02 | Report Abuse

I am not scared too lol, since this stock is literally the definition of chill

thesteward

6,490 posts

Posted by thesteward > 2022-02-26 22:08 | Report Abuse

Not not bot typo

thesteward

6,490 posts

Posted by thesteward > 2022-02-26 22:10 | Report Abuse

Today the Edge got article on Mag. Pretty good I see the prospect . The co is in net cash position some more . Come on Mag gogo 50 sen . Food is the era now !

newguy0801

1,515 posts

Posted by newguy0801 > 2 months ago | Report Abuse

Lmao, technical buy by Public Invest.

https://klse.i3investor.com/blogs/PublicInvest/2022-02-28-story-h15993...

Posted by superman7181 > 2 months ago | Report Abuse

hmm 205 , seems may be able to buy back at 200/195 soon ?

newguy0801

1,515 posts

Posted by newguy0801 > 2 months ago | Report Abuse

Maybe can

Posted by Kucupkilo > 2 months ago | Report Abuse

" tunggu... tunggu... tunggu... punya tunggu... itu Bulan Purnama tak kunjung tiba..."
- P.Ramlee, Seniman Bujang Lapok-

Posted by superman7181 > 1 month ago | Report Abuse

Boss court case ..

mystery

390 posts

Posted by mystery > 1 month ago | Report Abuse

is 0.18 possible?

Let's Gooooo

1,515 posts

Posted by Let's Gooooo > 1 month ago | Report Abuse

Even lower is possible. When one of the exec beat the guard, the share price dropped to lower prices

Posted by superman7181 > 1 month ago | Report Abuse

After awhile , boss bought in again

Posted by Paktua Second > 1 week ago | Report Abuse

Lousy counter

MZM2511

3,530 posts

Posted by MZM2511 > 2 days ago | Report Abuse

Good QR

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