MAG HOLDINGS BERHAD

KLSE (MYR): MAG (0095)

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Last Price

0.185

Today's Change

+0.005 (2.78%)

Day's Change

0.18 - 0.185

Trading Volume

1,637,700


9 people like this.

7,185 comment(s). Last comment by LimitUp 2019-04-22 09:59

eYuppie

403 posts

Posted by eYuppie > 2018-11-19 17:48 | Report Abuse

No gain in capital and No dividend. Worthless counter. What is the sifu advice? Shall we hold or just sell off??

Posted by HongYeik Lim > 2018-11-22 20:59 | Report Abuse

sell

eYuppie

403 posts

Posted by eYuppie > 2018-11-23 13:28 | Report Abuse

When will this counter start to go up above 5 sen again? No capital gain and no dividend. :(

CITADEL

1,867 posts

Posted by CITADEL > 2018-11-23 13:34 | Report Abuse

actually, sell or buy u got the answer already, still here asking meh

cheong3288

135 posts

Posted by cheong3288 > 2018-11-28 14:17 | Report Abuse

just keep selling, as this company never made any profit for investors to benefit.

1234rich

273 posts

Posted by 1234rich > 2018-11-30 16:04 | Report Abuse

This is problem if 1 person or co hold the share to many compare to other.Like private Company instead of Public Listed ..He like to do anything he want. Nobody can kick them eventhough not perform..RI suffered..

CrapTree

4,356 posts

Posted by CrapTree > 2018-12-04 10:29 | Report Abuse

fmcg loss making.....vwakakakakaka..... best of the best

TTNTK

45 posts

Posted by TTNTK > 2018-12-05 17:49 | Report Abuse

It needs to be audited. Wonder if can complain to SSM.

TTNTK

45 posts

Posted by TTNTK > 2018-12-06 10:21 | Report Abuse

May even go to 2 cents next.

Alibaba007

356 posts

Posted by Alibaba007 > 2018-12-08 19:45 | Report Abuse

6/18 -6000%
9/18-30%

1234rich

273 posts

Posted by 1234rich > 2018-12-10 13:14 | Report Abuse

Xinghe not up ...Xinghe-Wa become toilet paper..BOD not working . The way I look, they like to consume company money themselve until dry because of the weak of Bursa Securities procedure. Every Quarter loss , reduce company account.

TTNTK

45 posts

Posted by TTNTK > 2018-12-10 17:33 | Report Abuse

Where are the regulators?

1234rich

273 posts

Posted by 1234rich > 2018-12-13 20:11 | Report Abuse

Bursa Securities do your job...Don't eat to much....or else RI will continuously lost when lot Public Listed Company act like this..

1234rich

273 posts

Posted by 1234rich > 2018-12-14 09:59 | Report Abuse

Bursa Securities do your job..Xinghe have lot of cash..Already number of year company financial at lost position...Regulator and Watchdog need to raise a concern... If not, mountain of cash will disappear if the BOD play punk.

andyhk

6 posts

Posted by andyhk > 2018-12-18 04:39 | Report Abuse

DBT a lot lately. Some1 want to take control?

andyhk

6 posts

Posted by andyhk > 2018-12-18 04:41 | Report Abuse

Bought at 3.5 sen.

andyhk

6 posts

Posted by andyhk > 2018-12-18 04:41 | Report Abuse

Cash rich company. Can buy factory means cash is real.

cheong3288

135 posts

Posted by cheong3288 > 2018-12-18 15:51 | Report Abuse

bursa must do checking before cash in bank finish

TTNTK

45 posts

Posted by TTNTK > 2018-12-20 10:25 | Report Abuse

Price target of 17 cents seems so ridiculous and outdated.

cheong3288

135 posts

Posted by cheong3288 > 2018-12-21 09:28 | Report Abuse

17cents? 10cents also cant confirm that target after every quarter lost

TTNTK

45 posts

Posted by TTNTK > 2018-12-24 11:45 | Report Abuse

Looks like there's no regulator oversight on this counter.

1234rich

273 posts

Posted by 1234rich > 2019-01-01 23:05 | Report Abuse

BOD most of them from China/Taiwan..They not doing right to Xinghe..If SC with MSWG not take action to audit /question Xinghe operation, the cash inside bank will finish..Look like those culprit do this slow2 make every quarter lost is a norm..SC do your job

5354_

4,687 posts

Posted by 5354_ > 2019-01-02 14:56 | Report Abuse

Prawn business in Sabah? Good or bad?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6023965

123456

532 posts

Posted by 123456 > 2019-01-02 16:50 | Report Abuse

Great news, finally back to Malaysia...... Malaysia boleh......

5354_

4,687 posts

Posted by 5354_ > 2019-01-03 03:38 | Report Abuse

XingHe buys prawn farm in Tawau for RM100m

KUALA LUMPUR (Jan 2): XingHe Holdings Bhd is proposing to acquire a prawn farm in Tawau, Sabah, along with related facilities and assets for RM100 million.

In a filing to Bursa Malaysia today, XingHe said its wholly-owned subsidiary XW Aquaculture Sdn Bhd had on Dec 31, 2018 entered into a sale and purchase agreement and an assets sale and purchase agreement with Pegagau Aquaculture Sdn Bhd for the transaction.

This will involve XingHe acquiring a piece of land measuring 97.9 hectares, with a 99-year lease period from Jan 1, 1990 to Dec 31, 2088, at a price of RM12.5 million, and all ponds, other land improvements, buildings, plant and machinery, equipment, motor vehicles, livestock and consumables for RM87.5 million.

On the rationale of its acquisition, XingHe said the Malaysian prawn farm business would supplement its existing edible oil operations in China, which is currently facing production curbs due to China's campaign against environmental pollution in the smog-prone region of northern China, where the group's production plant is located (Neihuang County, Henan Province).
https://www.theedgemarkets.com/article/xinghe-buys-prawn-farm-tawau-rm100m

TTNTK

45 posts

Posted by TTNTK > 2019-01-03 10:05 | Report Abuse

Don't believe all these announcements. This is the 3rd in the past 3 years.

TTNTK

45 posts

Posted by TTNTK > 2019-01-03 10:06 | Report Abuse

Has anyone checked if Xinghe has submitted financial statements to SSM? If not, I'll do so. If they haven't I'll raise a formal complaint with SSM as a minority shareholder.

8888_

2,919 posts

Posted by 8888_ > 2019-01-03 10:17 | Report Abuse

Minority shareholder sure boh? Why know how to talk but do nothing yet?

TTNTK Has anyone checked if Xinghe has submitted financial statements to SSM? If not, I'll do so. If they haven't I'll raise a formal complaint with SSM as a minority shareholder.
03/01/2019 10:06

Stock: [XINGHE]: XINGHE HOLDINGS BERHAD
Sep 5, 2018 04:51 PM | Report Abuse
If you have a complaint ...
https://www.sc.com.my/the-complaints-management-process/
https://klse.i3investor.com/servlets/cube/post/ttntk.jsp

8888_

2,919 posts

Posted by 8888_ > 2019-01-03 10:19 | Report Abuse

Buy prawn company why no huat? No P&L details show is it?

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2019-01-03 10:30 | Report Abuse

Whatever they do the answer is failed as doing business is not it's intent. Anyway, good for speculation as the price is low. Best kick out from the country but sleeping regulators are still on bed.

1234rich

273 posts

Posted by 1234rich > 2019-01-03 12:50 | Report Abuse

Normally price move up first before any news come out. Now news already come out, price still remain...Mean the investor not confident on the BOD action.They need to prove that we are wrong..

cheong3288

135 posts

Posted by cheong3288 > 2019-01-03 14:56 | Report Abuse

this is news is about spending money, so i doubt is a good news.. as you need to invest on the new prawn farm and see around a few years to get back that amount of capital....

5354_

4,687 posts

Posted by 5354_ > 2019-01-04 09:22 | Report Abuse

Sure prawn business not good true? Why char koay teow price keep going up not down haha.

sparkrider

221 posts

Posted by sparkrider > 2019-01-06 22:04 | Report Abuse

0.50 in making

Posted by Coolman12345 > 2019-01-07 11:24 | Report Abuse

I agree share can be 0.50,because invest in prawn business,hope bod can do something

Posted by Kho Hon Hua > 2019-01-07 15:29 | Report Abuse

goreng time ?

bi0hazard

97 posts

Posted by bi0hazard > 2019-01-07 15:48 | Report Abuse

Finally move!!

azta12

5,594 posts

Posted by azta12 > 2019-01-07 16:09 | Report Abuse

add some for cny ang pow.. hihihi

5354_

4,687 posts

Posted by 5354_ > 2019-01-07 17:01 | Report Abuse

Good luck to all believers. Hopefully 10 sen can come finally by CNY, thanks to prawn business venture since peanut oil biz no more good.

bi0hazard

97 posts

Posted by bi0hazard > 2019-01-07 17:12 | Report Abuse

From now on every week up 1sen enough dy

5354_

4,687 posts

Posted by 5354_ > 2019-01-08 17:17 | Report Abuse

Not so easy. Perhaps Ng Min Lin(2nd shareholders).must take notes and answer.

bi0hazard

97 posts

Posted by bi0hazard > 2019-01-08 23:24 | Report Abuse

one day show only..
back to normal

Posted by Undilah_DAP > 2019-01-14 10:32 | Report Abuse

Prawn can supply to Penang then PH(Dap) the best govn haha.

Posted by Undilah_DAP > 2019-01-14 14:47 | Report Abuse

Don't stop at 4 sen. If 10 sen can come change govn no more a regret.

PH_better

602 posts

Posted by PH_better > 2019-01-14 15:17 | Report Abuse

More prawn suppliers can reduce price not what PH govn aspire?

1234rich

273 posts

Posted by 1234rich > 2019-01-16 21:28 | Report Abuse

Can we trust Chinese Director..I see they don't bother of Shareholder lost.

Posted by Undilah_DAP > 2019-01-18 09:09 | Report Abuse

Penang short of prawn why Xinghe new business venture cannot supply more coming CNY?

Posted by Undilah_DAP > 2019-01-18 09:53 | Report Abuse

Many said PH no good. If Xinghe 8-10 sen by CNY can change people perception?

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