magnum new qr is improve 45% from last year eps 3.87 improve form last qr 1.53 and I check the NTA and CASHflow not much different compare last year as cash money biz no debt. so today got volume when people keep throw below 2.20 all the way down to 2.15 , I also dun know why 2.15 want sell , dividend yield still above 6% and normally cny magnum and toto will have better results each year so please dun throw below 2.20, you can easy to sell above 2.20 if you want jump ship because when break 2.20 is about panic sell alreday then whole ship will tatanic very soon. dun worry , see toto still above 3.00 , magnum not much different compare to toto just no news is a cool counter with high dividend hidden gem now 2.17 , 2.15 where you guys can get at this price for past 5years keep for long term unless no one gamber than magnum will close goverment is working on illegal part just patient
i heard after GST, legal operators like magnum, toto .... prizes paid to bettors are less, bettors turn to illegal operators, cause their revenues ruduce ... i'm not bettor, not very sure, just hearsay ....
firehawk seem govern take many money GST from gamber counters but not help them sttle the illegal side problems , so the winner is Government and the illegal operators. So what is the point legal shop like magnum and toto still pay high tax and GST since the benefit only belong to governemnt and illegal operators ?
Ag, months ago i read a news, saying gov want to tackle the illegal operation but didn't specify what measures to take ... i doubt their effort can hv any effect?
I bought with average price of RM2.44. Now I got some spare money but Im not sure should i continue to buy magnum or not, the dividend seems quite ok thou, or should I buy growth stocks. Anyone wanna give opinion? Pls
Yoon Yeap Lower same situation , enter when 2,50 higher than you last year but I still not dare to top up or average down because this magnum crazy liao\make me loss 8000 already and I did not expected my magnum will loss money when I buy at 2.50\ because for me magnum is a bluechip so someone can please tell me what is going on >?
bluechip is a counter, just because they having track records, do not mean that they are blue diamond..... having said that.... if market sentiment goes south, blue chips, 2nd liners etc all heading south....... evaluate the biz , ask a question can it hold the revenue and earning in long run, so if it can then averaging will be the right method to recover back the loss... however if dividend are decent and you are ok with it, then still can hold.... for me dividend shrinking from 5 cents to 2.5 cents....if can sustain 4, 4, 4, 4 each quarter, i would think should be a good investment...... heard some one mentioned that magnum has some portion in u mobile..... so listing of u mobile will generate some thing ...however it is a one time deal , i believe....
kl market is on bullish , only this magnum only going down and dun forget magnum new qr is net profit and eps improve a lot, so must control by some big boys now, maybe they already sapu a lot of magnum share when price at bottom now they just easy to play magnum and press down normally this only happen at lousy and penny or stock is losing a lot of money consider very lousy stock seem magnum is no good now ?
Bought @3.33 years ago. Collect dividen not enough for price drop. Sold @2.22 take money move to O&G counter (KNM & Hibiscus) Already got good return to cover losses by magnum.
if you see all IB coment is BUY and Hold : 25/11/2016 2.29 2.35 +0.06 (2.62%) HOLD PUBLIC BANK 25/11/2016 2.29 2.50 +0.21 (9.17%) HOLD MAYBANK 25/11/2016 2.29 2.52 +0.23 (10.04%) BUY KENANGA 13/10/2016 2.30 2.15 -0.15 (6.52%) HOLD ALLIANCE 05/10/2016 2.28 2.58 +0.30 (13.16%) BUY MAYBANK 19/08/2016 2.40 2.30 -0.10 (4.17%) HOLD UOBKayHian 19/08/2016 2.40 2.35 -0.05 (2.08%) HOLD PUBLIC BANK 19/08/2016 2.40 2.58 +0.18 (7.50%) HOLD MAYBANK 19/08/2016 2.40 2.78 +0.38 (15.83%) BUY KENANGA
IB all the way say BUY and HOLd since last year that mean IB also kena Tipu by magnum mgnt no wonder public kena trap, as Ib also kena ma
Now magnum have their own trend. Also the bjtoto. Are they no good? And this 2 days, they start collect share. Who want to sell 1.60+. Sell to me 1st. Tq
I really wish I can say bad words when see magnum toto still Ok around 3,00 and support 2.90 for toto magnum stupid la, magnt do something , must support at 2.10. now very stupid la
i think magnum do a mistake by cutting dividend now investors angry, as I see toto still support at 2.90 and up down up down freq magnum only down lower wnd lower and evrday break history lowest and lowest hope after cny magnum can win one time KO toto and give 5% dividend then all fly I still hold since 2.50 . I still believe magnum is the most popular 4D
all people prefer money game now , USD 100 ~ RM50 also can participate , youngster no more play 4d , toto , all play money game , this lottery business in malaysia is sunset already , uncle auntie also know what is money game now , who still buying lottery ? i think only ah kong ah ma .... who is 30 below can ask your friend around , who is diehard fan for 4d or toto .... this is my opinion , just share it ~
I think ppl still buying 4d, toto. the problem is with implementation of gst and higher gaming tax, make the prize money is much lesser to illegal 4d operator. so many turn to illegal one.
I used to believe illegal gaming is only temporary issue, it will be solved sooner or later, cos illegal is illegal. I put my money in magnum because gaming/gamble industry is an evergreen industry due to people's nature since ages ago
I bought at 2.29, dividend received not even enough to cover the drop. Personally I feel that Magnum management is not doing much to boost the performance. Compare Bjtoto and Magnum, I think I've seen Bjtoto sponsoring events but I don't seem to see Magnum doing anything. Publicity wise Bjtoto wins. Share volatility Bjtoto also wins. Look at Bjtoto trading volume. Seriously, I will just leave it there to rot hopefully one day, it will go up and that's it for me, sell it off, then no more Magnum.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3249 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
nono118
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Posted by nono118 > 2016-12-20 16:38 | Report Abuse
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