Warrant conversion price at RM 0.23, now mother share at 0.215 only, that doesn't make any sense for anyone to sapu that much all the way till 0.105, unless it's the owner himself, and definitely he will fry up the mother price before conversion, so basically we definitely gonna see at least 0.335 anytime soon
Same chairman as Xian Leng, the goreng pattern also almost same, NTA 0.73, the share price is definitely undervalued now, financial report gone from negative to positive net profit millions since the new boss onboard, the management is strong, the future is bright. Bought Xian Leng and injected aquaculture business, which is co-relationship between Xian Leng and MAG is created. Huge volume in both mother share and warrant recently. Already touched the bottom and rebound. Trend line ceiling breakout last week.
I don't see any reason not to invest in this stock.
Butter Prawns, XO steamed prawns, sambal belacan prawns, Tom Yam Kung Prawns..All Ho Chak! Hou Sek! Hou Mei! let's goreng the prawns, Burger & Lobster to 0.30 cent haha :)
It's already bought over by new owner last year la, why still relate MAG to china, do your research and homework guys. MAG is going to have good future
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newbie1805
157 posts
Posted by newbie1805 > 2021-03-19 11:33 | Report Abuse
215 n 22 also huge block