MAGNUM BERHAD

KLSE (MYR): MAGNUM (3859)

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Last Price

1.25

Today's Change

0.00 (0.00%)

Day's Change

1.24 - 1.26

Trading Volume

727,100


3 people like this.

3,726 comment(s). Last comment by Donator 2 days ago

Vicky

1,515 posts

Posted by Vicky > 2024-02-26 09:18 | Report Abuse

Big bro SPtoto in a loss. So panic on small bro might be the same.

Donator

985 posts

Posted by Donator > 2024-02-26 11:39 | Report Abuse

Big bro get less cake, maybe small bro get more cake

Posted by Kitty Kitty > 2024-02-28 18:53 | Report Abuse

Result seemed decent for full year. Improvements seen but not as fast as expected.

LimitUp

426 posts

Posted by LimitUp > 2024-03-17 16:59 | Report Abuse

Everyone panic is when you can buy...

Posted by Kitty Kitty > 2024-04-08 07:51 | Report Abuse

DPS and EPD improving slowly post covid years. Challenge for NFO remains with illegal NFO in the market. Wonder how the company will handle this and gain their market share again. Nevertheless, current price remains attractive if future growth improves.

alibaba88

23 posts

Posted by alibaba88 > 2024-05-17 10:10 | Report Abuse

Better than expected!!! If the share price keep $1.15 magnum should be higher dividend 💰📈

alibaba88

23 posts

Posted by alibaba88 > 2024-05-17 16:17 | Report Abuse

Morning Unlce Sell , Afternoon Unlce Buy

Posted by cccvictor > 2024-05-17 18:25 | Report Abuse

Night Unlce SPTOTO takeover Magnum ?

DividendGuy67

1,078 posts

Posted by DividendGuy67 > 2024-05-20 15:35 | Report Abuse

I chased and bought MAGNUM at 1.16. This is a Position Trade, as SPTOTO has moved fast but MAGNUM was lagging behind. I took this trade due to FOMO - despite full investing position per plan, still had cash generated from past dividends and so, utilizing a small part of that - it was either that or sit and earn 3+% in FD rates. MAGNUM dividend yield is 5.2%, so, I feel little risk to take this trade.

As it is a trade, there's a stop loss. I am betting that in this bull run, it won't revisit 0.995 and so, if it goes below 0.99, I may cut loss.

I blogged about it here in i3.

ocbc

1,056 posts

Posted by ocbc > 2024-05-20 15:35 | Report Abuse

out of MSCI , funds have to sell this stock after 30/May

Vicky

1,515 posts

Posted by Vicky > 2024-05-21 17:34 | Report Abuse

Time to dispose all these stocks as it shows no sign to recovery even economy GDP improves.

Posted by kingkong0000 > 2024-05-24 18:38 | Report Abuse

SPTOTO QR SOUR .

Interim Dividend of 3.0 sen per share

Posted by EngineeringProfit > 2024-05-24 18:45 | Report Abuse

Why say sour?

Vicky

1,515 posts

Posted by Vicky > 2 months ago | Report Abuse

Well again gaming is not a good counters to invest and wait. Switch to others counters to earn back profits

skc761103

196 posts

Posted by skc761103 > 2 months ago | Report Abuse

MPHB cap already received offer to delisted n privatized ....soon next will be magnum as both have same major share holder with less liquidation

speakup

26,437 posts

Posted by speakup > 2 months ago | Report Abuse

limit up?

Vicky

1,515 posts

Posted by Vicky > 2 months ago | Report Abuse

Magnum lost to the abang SPToto so rally loosing steam...

Posted by cooledhawk123654 > 2 months ago | Report Abuse

why magnum sudden shot down with high vol??

firehawk

4,782 posts

Posted by firehawk > 2 months ago | Report Abuse

Toto the other way round

LimitUp

426 posts

Posted by LimitUp > 1 month ago | Report Abuse

What's happening to Magnum? Price moved so much today.

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

move up for u sell
move down for u buy

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

Kedah want ban 4D no point, malays are now gambling in Casino De Bursa

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

Casino De Bursa is a Halal casino in Malaysia which PAS approve

GS

286 posts

Posted by GS > 1 month ago | Report Abuse

U Mobile news?

Donator

985 posts

Posted by Donator > 1 month ago | Report Abuse

Ya, TP 2.00

Moratorium

208 posts

Posted by Moratorium > 1 month ago | Report Abuse

Anyone knows how many %Umobile does Magnum have?

sephiroth

14,127 posts

Posted by sephiroth > 1 month ago | Report Abuse

Magnum own 6.33% of U Mobile

Moratorium

208 posts

Posted by Moratorium > 1 month ago | Report Abuse

Thanks sephiroth...

Posted by Hoottttttt > 1 month ago | Report Abuse

Buy now since still consider very cheap… after Umobile listed news, at least RM1.50

kl_guy

1,500 posts

Posted by kl_guy > 1 month ago | Report Abuse

if buy magnum base on umobile factor, why not buy VT counter .

Donator

985 posts

Posted by Donator > 1 month ago | Report Abuse

coz Magnum will cash out the U mobile , VT dont cash out U mobile

Posted by Hoottttttt > 1 month ago | Report Abuse

When u keep doubting, people already start earn money, act now better than chase high later.

Nepo

3,368 posts

Posted by Nepo > 1 month ago | Report Abuse

very good point @Donator
Magnum still value buy@RM1.26

IanQ

115 posts

Posted by IanQ > 1 month ago | Report Abuse

potential up to 50 sen div?

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

special dividend 5sen.
the rest keep as working capital

Posted by MakeMoneyAllHappy > 1 month ago | Report Abuse

Vincent Tan valued U Mobile RM10 billion

Magnum 6% estimate RM600 million
Magnum shares 1,437,178,945

Do your own calculation

If Magnum cash out and distribute to all shareholders

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

boy, u dont know Surin! u really dont know Surin! please learn more about Surin

Posted by MakeMoneyAllHappy > 1 month ago | Report Abuse

Who are you?? No one know you too

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

If u are Magnum investor and don't know Surin.......I dunno what to say already

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

Surin Upatkoon is the owner of Magnum
if u know what he did to Mwe last time and Mphbcap now, you will understand he is Super Stingy!

you can read more about Mwe here: https://klse.i3investor.com/web/stock/overview/3921
and more about Mphbcap here: https://klse.i3investor.com/web/stock/overview/5237

Posted by MakeMoneyAllHappy > 1 month ago | Report Abuse

You don't understand

I am asking who are you? This is the most simple question

I am not asking who is surin

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

I am nobody

DividendGuy67

1,078 posts

Posted by DividendGuy67 > 1 month ago | Report Abuse

Magnum nice ... 1.28 close.
On 20 May, I posted here that I took a Position Trade by chasing to buy MAGNUM at 1.16.
Since I posted, MAGNUM rise and fell below my entry price.
It fell as low as 1.10.
You are sure to get at 1.11 filled.
If you did, then, you will be happy, as MAGNUM closed 1.28. That's nearly +16% gain in less than 2 months.
For your reading pleasure.

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-05-20-story-h-161546734-Position_Trading_Idea_MAGNUM

DividendGuy67

1,078 posts

Posted by DividendGuy67 > 1 month ago | Report Abuse

Mercury Securities Research today published a trading idea on MAGNUM, which unfortunately doesn't resonate with me. They summarized as follows:

Entry – RM-1.27 – RM1.28
Stop Loss – RM1.16
Target Price – RM1.31 – RM1.41

Why it doesn't resonate is because the win is so small if correct: 1.31 - 1.28 = 3 sen. That is a tiny tiny profit.
And if it dips back down to 1.16, the loss = 1.28 - 1.16 = 12 sen. Add commissions and the loss is so much bigger than profits.

This type of trading is a sure recipee for failure and shrinking your account due to high commissions.

In Bursa, buying breakouts like this after today's big move is often too late, except on the mania stages where what goes high keeps rising even higher. But we are not in the mania environment - look around you and most stocks are still "normal" - today's KLCI barely makes a point. Since we are not in a mania environment, odds are high that after breakouts, the next few days move tend to be weaker and consolidating. So, important to read the market environment, the sector, the securities itself if trading short term.

For me, much easier to position trade i.e. give yourself a long time like 1 to 17 months to win. This minimizes commissions and maximizes profits.

DividendGuy67

1,078 posts

Posted by DividendGuy67 > 1 month ago | Report Abuse

Here are my views on my position trade price targets for MAGNUM. And some sharing of thoughts on what should be a good Trading Plan, and how to be a successful trader. My plan is so simple that even a child can execute.

https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-07-18-story-h-156841555-MAGNUM_Position_Trade_Update

INVEST_AA

528 posts

Posted by INVEST_AA > 1 month ago | Report Abuse

Sizeable funds are coming regardless all the candle stick bla bla analysis…. It will still fly…

INVEST_AA

528 posts

Posted by INVEST_AA > 1 month ago | Report Abuse

Something is brewing?

speakup

26,437 posts

Posted by speakup > 1 month ago | Report Abuse

Coffee brewing bro
Other than that is your imagination

LimitUp

426 posts

Posted by LimitUp > 1 month ago | Report Abuse

Everything still normal with Magnum except the price gained more than 12% 😁

Donator

985 posts

Posted by Donator > 2 days ago | Report Abuse

i contribute a lot this quarter, should give 3 cent dividend

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