MAG HOLDINGS BERHAD

KLSE (MYR): MAG (0095)

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Last Price

0.195

Today's Change

0.00 (0.00%)

Day's Change

0.195 - 0.195

Trading Volume

1,226,300


9 people like this.

7,181 comment(s). Last comment by comebackkid 2 weeks ago

PalaniR

86 posts

Posted by PalaniR > 2023-08-01 15:44 | Report Abuse

Lol. Grabbed it at discounted price, how to get trapped πŸ˜‚

xSna13

31 posts

Posted by xSna13 > 2023-08-01 16:28 | Report Abuse

What trap? 0.19 good entry point now

BradonOoi

572 posts

Posted by BradonOoi > 2023-08-01 16:56 | Report Abuse

Looks like WhiteMagic is blind to this consecutive profit-making company. Later he will cry when it flies up

AgentBolt

42 posts

Posted by AgentBolt > 2023-08-01 16:58 | Report Abuse

retrace abit saja, 0.23-0.25 short term tp, long term 0.30

Amnesia52

22 posts

Posted by Amnesia52 > 2023-08-01 17:43 | Report Abuse

MAG shrimp business prospect is bright, 4th farm & indonesia farm gonna ramp up production & profits...

Posted by RobinHootnShoot > 2023-08-01 18:07 | Report Abuse

GLC chipped in this company around this price level, not worry so much

BradonOoi

572 posts

Posted by BradonOoi > 2023-08-02 10:56 | Report Abuse

Accumulation signal today: there's a huge buying volume at 19.5 cents. Better grab it while the price is less than 20 cents

jjtamG

40 posts

Posted by jjtamG > 2023-08-02 15:56 | Report Abuse

suddenly volume ramp up, accumulating phase here we go !

PalaniR

86 posts

Posted by PalaniR > 2023-08-02 16:36 | Report Abuse

Shrimp is a popular seafood choice worldwide, and the demand for it has been steadily growing, especially in developed countries and emerging economies. The rise in global middle-class population and changing dietary preferences are contributing to higher consumption.

Posted by w0nderfultime > 2023-08-02 16:39 | Report Abuse

MAG already commited 22m investment on indonesia shrimp farm, shrimp consumption market really looking hot

Posted by RobinHootnShoot > 2023-08-02 17:28 | Report Abuse

It's still traded below its NTA, safe to collect at current price ~

Posted by acidshot174 > 2023-08-02 17:31 | Report Abuse

Indonesia population is rank 4th as the highest population in the world, of course the market is hot lol, I expect MAG gonna open another shrimp farm in next few month

jaynetan

1,359 posts

Posted by jaynetan > 2023-08-02 20:27 | Report Abuse

Just talk n dreams
If MAG needs more fund, just push up to 25 sen then a lot of conversion funds to come from its wb which is to expire next month.
Will it like esceramic n its wb❓

stncws

10,217 posts

Posted by stncws > 2023-08-02 21:01 | Report Abuse

this stock canot play one

speakup

24,510 posts

Posted by speakup > 2023-08-03 08:17 | Report Abuse

mag do prawn biz
not lucrative enough, should do Lobster biz

Posted by RobinHootnShoot > 2023-08-03 14:37 | Report Abuse

Starting and maintaining a lobster business is much more expensive than shrimp business. Furthermore, the number of consumers is low as well, due to the fact that not many people can afford eating lobster

BradonOoi

572 posts

Posted by BradonOoi > 2023-08-03 16:21 | Report Abuse

Lol, jaynetan. Do you want the management to speculate in stocks? No need to worry much la, if the business continue to grow in the long run, the stock price will rise

Amnesia52

22 posts

Posted by Amnesia52 > 2023-08-03 16:27 | Report Abuse

there's a reason why lobster is expensive.. growing & production cost is high & doesn't suit the business model...

AgentBolt

42 posts

Posted by AgentBolt > 2023-08-03 16:31 | Report Abuse

Shrimp business profitable ma, no need to jump ship too much, indonesia got big potential also

xSna13

31 posts

Posted by xSna13 > 2023-08-03 17:04 | Report Abuse

good timing to collect more, buy 0.19 TP 0.25

PalaniR

86 posts

Posted by PalaniR > 2023-08-03 17:47 | Report Abuse

Profitable business and insightful management can make this company grow and sail smoothly

BradonOoi

572 posts

Posted by BradonOoi > 2023-08-04 11:50 | Report Abuse

Don't forget MAG is also going to collaborate with GLCs in order to meet the government's agenda on food security and the development of more than 200 cultivation ponds with a breeding capacity of 3,000 mt a year

Posted by RobinHootnShoot > 2023-08-04 15:51 | Report Abuse

Wonder what government link company can be πŸ€”

Posted by yourfrenemy > 2023-08-04 15:54 | Report Abuse

wait for announcement, the GLC collab will move up MAG

Posted by w0nderfultime > 2023-08-04 16:33 | Report Abuse

Oh rumor say big fund coming in, related to the Glc?

vcjskpa

29 posts

Posted by vcjskpa > 2023-08-04 16:43 | Report Abuse

no idea, so far just rumors... maybe next shrimp farm are gonna collab with GLC...

PalaniR

86 posts

Posted by PalaniR > 2023-08-04 17:06 | Report Abuse

Either one of them I guess. Ha

https://blogmalaysia.com/government-link-investment-companies-in-malaysia/

jaynetan

1,359 posts

Posted by jaynetan > 2023-08-06 20:26 | Report Abuse

Bradon
Pls clearly understand what I meant
Not misinterpreted it

BradonOoi

572 posts

Posted by BradonOoi > 2023-08-07 10:10 | Report Abuse

Nothing to be misinterpreted... Push mother share up and its warrant WB would also up, hence the company also can get more conversion fund from it

BradonOoi

572 posts

Posted by BradonOoi > 2023-08-07 10:14 | Report Abuse

can see MAG didn't choose to gather fund through that method, but find a GLC to 'collaborate' with them

jaynetan

1,359 posts

Posted by jaynetan > 2023-08-07 10:20 | Report Abuse

ok
u get it

Posted by RobinHootnShoot > 2023-08-07 11:56 | Report Abuse

Not a bad move lo since GLCs also got a lot of funds and 'connections' too. They might help the company further streamline the business ..

xSna13

31 posts

Posted by xSna13 > 2023-08-07 15:57 | Report Abuse

GLC is fine la, as long can expand their shrimp factory/production then is all good

Amnesia52

22 posts

Posted by Amnesia52 > 2023-08-07 16:32 | Report Abuse

Wait for operator starting to goreng up when the next announcement with GLC project is out

Posted by acidshot174 > 2023-08-07 17:34 | Report Abuse

shrimp power up , accumulate more - MAG long term tp 40cents

PalaniR

86 posts

Posted by PalaniR > 2023-08-08 10:09 | Report Abuse

Since MAG had collaboration with GLC, wonder it will have 'movement' these few days due to election wind 😁

Posted by RobinHootnShoot > 2023-08-08 11:38 | Report Abuse

I guess not...They just collaborate with them and MAG ain't a GLC itself. 'Political-linked' companies are most likely to be goreng in these days btw

BradonOoi

572 posts

Posted by BradonOoi > 2023-08-08 14:41 | Report Abuse

Grab some at 19.5 cents and awaiting good q4 result from MAG this month πŸ™‚

jjtamG

40 posts

Posted by jjtamG > 2023-08-08 15:15 | Report Abuse

collaboration with GLC can attract more investors, and like robin say very likely to push up by operators

Posted by w0nderfultime > 2023-08-08 16:17 | Report Abuse

Big fund is coming, time to collect more at 0.19

Posted by yourfrenemy > 2023-08-08 17:56 | Report Abuse

18 sen coming tmr lo, someone throwing and shud rebound fast tmr

BradonOoi

572 posts

Posted by BradonOoi > 2023-08-09 11:08 | Report Abuse

Today got big buying volume at 19 cents instead. Keep dreaming it will fall to 18 cents lo

Posted by RobinHootnShoot > 2023-08-09 12:13 | Report Abuse

Don't worry, this company focuses on the downstream processing of products, including Ready-to-Eat (RTE) and Ready-to-Cook (RTC) items, which provide increased profitability and enhanced customer loyalty. Q4 result will be impressive

PalaniR

86 posts

Posted by PalaniR > 2023-08-09 14:56 | Report Abuse

Just a matter of time only for MAG to break 20 cents. Patience is key to savor good return

AgentBolt

42 posts

Posted by AgentBolt > 2023-08-09 15:55 | Report Abuse

Mag gonna close above 0.20 this week, ppl stop throwing ticket at 0.19 now

vcjskpa

29 posts

Posted by vcjskpa > 2023-08-09 16:39 | Report Abuse

Market sentiment is good, chance to close at 20 sen

Amnesia52

22 posts

Posted by Amnesia52 > 2023-08-09 17:28 | Report Abuse

MAG shrimp business is expanding real quick, collect first

PalaniR

86 posts

Posted by PalaniR > 2023-08-10 14:01 | Report Abuse

These few days are accumulation sign for this counter : )

jjtamG

40 posts

Posted by jjtamG > 2023-08-10 16:27 | Report Abuse

rumor flying around but price barely moving, need more time for MAG

BradonOoi

572 posts

Posted by BradonOoi > 2023-08-10 16:30 | Report Abuse

Worry less, high chance for MAG to break 20 cents when Q4 is presented

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