Posted by xSna13 > 2023-08-10 17:06 | Report Abuse

MAG shrimp business is always doing good, decent timing to collect more, buy 0.19 TP 0.25

Posted by RobinHootnShoot > 2023-08-10 17:13 | Report Abuse

Its downstream business is able to provide lucrative profit margin as well. Impressive Q4 can be anticipated from MAG this month

Posted by acidshot174 > 2023-08-10 17:55 | Report Abuse

MAG performing well & can meet local & indonesia seafood demand, next week big rally incoming...

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

By next week, you meant those who won the state election will open a spread to celebrate? 😁

Posted by RobinHootnShoot > 2023-08-11 12:28 | Report Abuse

Haha, it certainly will boost the demand for shrimp at that time

Posted by PalaniR > 2023-08-11 16:18 | Report Abuse

Tomorrow is state election. Vote wisely and properly, fello Malaysian 🤓

Posted by Amnesia52 > 2023-08-11 16:24 | Report Abuse

MAG breaking out to 20 sen showing good sign & PH are going to win!

Posted by yourfrenemy > 2023-08-11 16:53 | Report Abuse

accumulation phase is here, good timing to enter

Posted by w0nderfultime > 2023-08-11 17:14 | Report Abuse

I think GLC announcement after state election, then confirm MAG can fly high

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

Today's a holiday for Selangor, Negeri Sembilan and Kedah. Time for celebration for winning parties 😁

Posted by PalaniR > 2023-08-14 11:20 | Report Abuse

Setting up a spread, seafood is indispensable especially shrimp, crabs, etc. Ha

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

still showing an accumulation phase for MAG after election...Big buying volume at 19 cents there by the way

Posted by AgentBolt > 2023-08-14 15:44 | Report Abuse

Yolo enter, MAG 0.23-0.25 short term tp, long term 0.30

Posted by vcjskpa > 2023-08-14 16:30 | Report Abuse

Market sentiment looking good, rumor say that next shrimp farm are gonna collab with GLC.

Posted by BareFootInvestor > 2023-08-14 17:25 | Report Abuse

strong buying volume.... lai lai lai

Posted by acidshot174 > 2023-08-14 17:25 | Report Abuse

MAG building up momentum, next rally is coming.........

Posted by RobinHootnShoot > 2023-08-15 10:57 | Report Abuse

An exceptional growth FY2023 can be expected from MAG : )

Posted by PalaniR > 2023-08-15 15:30 | Report Abuse

Estimated this company will record a new high in terms of its revenue for this financial year

Posted by BradonOoi > 2023-08-15 15:59 | Report Abuse

Operator is collecting at 19 -19.5 cents

Posted by jjtamG > 2023-08-15 16:10 | Report Abuse

Roti kosong + teh ais satu , queue 0.18-0.19

Posted by xSna13 > 2023-08-15 17:08 | Report Abuse

Indonesia shrimp market is big, MAG might build more production factory there

Posted by Amnesia52 > 2023-08-15 17:43 | Report Abuse

Vroooom up MAG shrimp business is booming lately !

Posted by PalaniR > 2023-08-16 12:06 | Report Abuse

Consolidation mode for MAG before Q4 is released ...

Posted by BradonOoi > 2023-08-16 15:20 | Report Abuse

Yupe, and is also an accumulation phase for the time being from operators and retailers. hehe

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

Stipulated. By looking at this huge trading volume, it will shoot up when good result is presented

Posted by yourfrenemy > 2023-08-16 18:17 | Report Abuse

buy when consolidating lor, Mag looking steady

Posted by w0nderfultime > 2023-08-16 18:59 | Report Abuse

rumors flying saying big fund/glc is coming in... collect & monitor ...

Posted by acidshot174 > 2023-08-16 19:48 | Report Abuse

So far no new factory are going to build soon, unless another new expansion is coming for MAG la

Posted by BradonOoi > 2023-08-17 12:07 | Report Abuse

That big fund sure coming from GLC as per NSTP

Posted by RobinHootnShoot > 2023-08-17 15:38 | Report Abuse

It's trued, ain't rumors as it's officially published by local newspaper

https://www.nst.com.my/business/2023/07/929327/mag-plans-focus-downstream-products

Posted by PalaniR > 2023-08-17 16:31 | Report Abuse

Crystal clear that it's real and it's an accumulation phase for them and operators 😃

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

"While we have not entered into any major collaborations, we are exploring a significant partnership that would catapult MIB to the next level," Ng said when asked about the company's future directions.

This sentences already show the signs... just waiting for them to leak the good news

Posted by AgentBolt > 2023-08-17 18:02 | Report Abuse

Yep, most likely next announcement gonna be rtc rte products related

Posted by Amnesia52 > 2023-08-17 18:18 | Report Abuse

MAG export business really booming recently... Shrimp power!

Posted by BradonOoi > 2023-08-18 13:05 | Report Abuse

Slowly accumulate this counter and wait for it to fly up when excellent q4 is presented

Posted by RobinHootnShoot > 2023-08-18 14:09 | Report Abuse

It's traded cheap and far below its NTA value some more, MAG surely will break out in due course

Posted by jjtamG > 2023-08-18 15:56 | Report Abuse

indeed...chart also looking good recently, just wait for the big surprise...

Posted by xSna13 > 2023-08-18 16:20 | Report Abuse

Currently a good timing to collect more MAG, buy 0.19 TP 0.23-0.25

Posted by NICETOBEHERE > 2023-08-18 16:27 | Report Abuse

When will Q4 results out?

Posted by PalaniR > 2023-08-18 16:30 | Report Abuse

@NICETOBEHERE. Tentatively on 29 Aug

Posted by w0nderfultime > 2023-08-18 16:49 | Report Abuse

what big surprise? big fund/GLC coming in ???

Posted by BradonOoi > 2023-08-21 11:25 | Report Abuse

Big fund is coming from GLC as per NSTP : )

https://www.nst.com.my/business/2023/07/929327/mag-plans-focus-downstream-products

Posted by PalaniR > 2023-08-21 14:52 | Report Abuse

Shrimp business provides good profit margin and its market size is expected to grow at a CAGR of 5.2% from 2019 to 2025. No doubt GLC will chip in to the business

Posted by Huangbk72 > 2023-08-21 15:04 |

Post removed.Why?

Posted by AgentBolt > 2023-08-21 15:53 | Report Abuse

90 per cent of MAG's revenue comes from exports to South Korea (50 per cent), China (30 per cent) and Australia (10 per cent), with Europe and Turkey as the upcoming markets.

Posted by RobinHootnShoot > 2023-08-21 15:53 | Report Abuse

Any news to support your gibberish post, Huangbk72 😄

Posted by AgentBolt > 2023-08-21 15:53 | Report Abuse

I think MAG gonna slowly move from China market to Europe, relax....

Posted by acidshot174 > 2023-08-21 16:46 | Report Abuse

hard to say also as china has transitioned into a net seafood importer & MAG got chance to capitalise

Posted by RobinHootnShoot > 2023-08-22 11:54 | Report Abuse

MAG also exports its prawns and seafood products to the rest of the Asian countries too, like Korea. The population in Asia is the biggest, so the consumption of seafood will be larger as well

Posted by PalaniR > 2023-08-22 14:00 | Report Abuse

https://www.scmp.com/news/asia/southeast-asia/article/3231856/japan-release-fukushima-waste-water-ocean-starting-thursday