Posted by bestreturn > 2017-05-30 17:05 | Report Abuse

Earning Per Share in 2012 was 23.80 and in 2013 was 18.80 (earning dropped)and Dividend per share in 2012 was 16.00 and in 2013 was 20.00 (dividend increased). Why dividend increased in 2013 from 2012 when EPS dropped? When dividend increased, people chase after the share, so price increase.

But when you look at non big event years..(this info is all from annual report).

Earning Per share in 2013 was 18.80 and in 2014 was 18.00. (DPS dropped by 0.80) and Dividend per share in 2013 was 20.00 and in 2014 was 20.00 (ok la, make sense, cause EPS only dropped 0.80 so can maintain DPS of 20.00)

EPS in 2014 was 18.00 and in 2015 was 15.90. DPS in 2014 was 20.00 and in 2015 was 16.00 (EPS dropped, DPS dropped). EPS in 2015 was 15.90 and in 2016 was 13.30. DPS in 2015 was 16.00 and in 2016 was 13.00 (EPS dropped, DPS dropped).

Why such strange phenomenon happened in only in 2013? I'm sure it's all only a coincidence. Nothing pre-planned.

Posted by kelingman > 2017-05-30 17:20 | Report Abuse

wow 1.72. below TRADEVIEW cutloss at 1.80.. tengok la.. who ask u all to pay RM700++ per year to tradeview... all rugi balik.
aiyoyo pity u guys.

Posted by kelingman > 2017-05-30 17:21 | Report Abuse

TRADEVIEW always uphold value investing,but follow KCCHONGZ better la..
TRADEVIEW also criticized FAVCO. look at FAVCO stalwartly standing. sor chai ikut tradeview

Posted by ivan9511 > 2017-05-30 19:06 | Report Abuse

stupid la . last year when magum 2.20. many ib come out shout say magnum undervalued. magnum is a high dividend company . publis miss look magnum. i remembered many ib come out support magnum including Maybank. now magnum give all them a thousand hundreds slap slap by cut dividend. magnum boss earn all the money alone. magnum is a cash money business .
some loss or high debt company also keep paying dividend example got jcy and wtk and many many . magnum reserved a lot of cash . this is i feel unfair. what the director planing .
and if you survey sunday when 4d open day. actually toto and magnum shops customers almost same one. just toto customers like play small and jackpot but magnum customers all play big big one.
so magnum boss i suggest you don't cheat on your account and be fair to some who bought in at high price. people don't believe you no money . illegal 4d was there when my grandmother time not now so please don't give excuse.

Posted by Steven Ng > 2017-05-30 23:43 | Report Abuse

Best plan, where got say their cash position is rm 1billion?? I thought rm330m only la

Posted by Apollo Ang > 2017-05-30 23:46 | Report Abuse

illgal that time not so rampant, now the illgals open shops beside the legals one, also illegal internet offer discount up to 30%

Posted by bestreturn > 2017-05-31 07:21 | Report Abuse

Page 8 of their annual report for 2016 paragraph B (last paragraph of Page 8).
And i quote, "As at 31 December 2016, the audited retained profits of the Company amounted to approximately RM1,425.1 million;"

Posted by Steven Ng > 2017-05-31 09:52 | Report Abuse

This stock teruk la

Posted by kenlee123 > 2017-05-31 10:02 | Report Abuse

Time to buy at a discount...

Posted by Apollo Ang > 2017-05-31 10:03 | Report Abuse

maybe can rebound a bit? cos illegal shops been close for the last 2 meetings

Posted by sengkee > 2017-06-01 10:44 | Report Abuse

gonna hit 1.70 later

Posted by kenlee123 > 2017-06-01 11:02 | Report Abuse

talking about illegal, no one bet big.. small bet only coz the winnings is not guaranteed! If hit above 100k, say pow chong la.. this la that la.. no 100% returns

Posted by Our Teoh > 2017-06-01 11:23 | Report Abuse

Magnum this year not declared any dividend?

Posted by Lim Low Phin > 2017-06-01 15:55 | Report Abuse

under companies act 2016 company paying dividend must be able to meet liabilities arising within the next 12 months. Now additional tax problem RM476 million which is more than its cash reserve. How to pay ?

Posted by jk37 > 2017-06-01 21:40 | Report Abuse

below 1.70 support line, going down more

Posted by ivan9511 > 2017-06-02 01:34 | Report Abuse

loyal investors who bought in at 4.00 last few years now capital loss about 60%, I wonder they will said bad word to the boss or not ?

Posted by ivan9511 > 2017-06-02 01:37 | Report Abuse

now not only penny stocks will make people loss big money, magnum also can do that,
last time is high dividend, good defensive counter, actually now also got cash but the boss playing us ?

Posted by babu > 2017-06-02 12:05 | Report Abuse

Magnum blur blur don't know why suddenly get thrown into bottomless cesspit by this IRB's punch in the face !

Posted by sengkee > 2017-06-02 13:53 | Report Abuse

Got news from LHDN already?

Posted by money888 > 2017-06-02 14:40 | Report Abuse

already told you guys...do not buy sunset company...dont average down...you will lose more....it will just go lower and lower. let's see

Posted by aliyusof > 2017-06-02 17:15 | Report Abuse

Look like very bad, keep sliding down. Mgt of Magnum keep silent, means IRB thing not settle. Do not catch the falling knife. Rm1.60 or below look possible company keeps silent.

Posted by leslieroycarter > 2017-06-03 10:23 | Report Abuse

Illegal too rampant n magnum greatly affected

Posted by Jeffreyteck > 2017-06-03 11:29 | Report Abuse

It doesn't matter whether the price plummeted, after all big boss remuneration is still increasing. Good luck.

Posted by shareinvestor88 > 2017-06-03 23:50 | Report Abuse

Target 50c. Better sell

Posted by shareinvestor88 > 2017-06-03 23:53 | Report Abuse

Tradeview cutloss ?

Posted by Jeffreyteck > 2017-06-04 09:48 | Report Abuse

What is the feeling of those top shareholders as the price has come down so much. What are the benefits for them to keep on holding this dropping counter? Anyone can clarify? TQ.

Posted by Goinvest88 > 2017-06-05 00:20 | Report Abuse

Hi Jeffrey, are you holding magnum?

Posted by shamopi > 2017-06-05 02:05 | Report Abuse

Well to be fair the IRB verdict is unexpected. This should be considered a once off incident. However analysis should be made on the future cash flows of the company. How can the company reinvent themselves is importanr

Posted by Steven Ng > 2017-06-05 09:24 | Report Abuse

I dont think any reinvention is needed.

Posted by Steven Ng > 2017-06-05 09:25 | Report Abuse

High dividend policy should be reinvented and I think it be scrapped. Reward shareholders through other more effective corporate exercises.

Posted by sheldon > 2017-06-06 09:17 | Report Abuse

I wonder if any institution is buying the shares at these prices. Anyone knows which?

Posted by Goinvest88 > 2017-06-06 09:58 | Report Abuse

UOB KayHian buy call TP:2.00

Posted by arigato91 > 2017-06-06 15:12 | Report Abuse

time to jump in? advice needed

Posted by wotvr > 2017-06-06 15:17 | Report Abuse

Good time to buy. Oversold.

Posted by Goinvest88 > 2017-06-07 06:43 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5453877

Posted by Gn021 > 2017-06-07 08:14 | Report Abuse

http://www.klsescreener.com/v2/news/view/241553/%E4%B8%87%E8%83%BD-%E8%BF%BD%E7%A8%8E%E5%88%A9%E6%B7%A1%E5%B7%B2%E6%B6%88%E5%8C%96

Posted by adstey > 2017-06-08 16:36 | Report Abuse

magnum price is greatly under valued. it should be reasonable back to 2.50

Posted by terencechuah > 2017-06-08 20:04 | Report Abuse

Bought 2.10, cut loss at 1.87, Bought 1.72, thinking the price is under value and cheap. Keep and can come back around 2.00 plus.

Posted by chkhooju > 2017-06-08 20:40 | Report Abuse

That's right. A good player must know when to stop loss! Good play.

Posted by Steven Ng > 2017-06-08 21:02 | Report Abuse

For a good player, there is no loss to stop.

Posted by mincai > 2017-06-08 21:37 |

Post removed.Why?

Posted by adstey > 2017-06-09 11:50 | Report Abuse

this contested case is a winning case. how can irb applied the present rule to add back those interest cost way back from 2008 which already 10 years transactions. those 10 years ago, the irb rules are different from just implemented today rules. it is obviously a winning case. it is really impacted us on the big drop in magnum shres price.

Posted by musangfoxking > 2017-06-10 19:58 | Report Abuse

the worrying thing is the tax case!!!!! let it settle first

Posted by TakeProfits > 2017-06-11 01:31 | Report Abuse

Yeah, mustang, agree with you. In uncertainty think better not touch it. Those willing to take risk for a few cents gain can go ahead. If lower tax liability then good for those who bought and willing to take risk. Think if lower than 1.50, there may be a good case to take risk. Good luck to all willing to take risk to buy now..

Posted by TakeProfits > 2017-06-11 01:32 | Report Abuse

Sorry, I mean musang foxking...

Posted by bestreturn > 2017-06-12 08:30 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/06/12/time-to-relook-magnum/

Posted by Forwardmind > 2017-06-13 12:48 | Report Abuse

Good start for today...

Posted by dusti > 2017-06-13 17:27 | Report Abuse

Price rose bcos of biz news? Nothing has really changed, except that I intend to collect a nice price from Magnum!

Posted by sheldon > 2017-06-13 22:33 | Report Abuse

I believe the news that may have caused Magnum to move up could be the possibility of getting a stay from High Court on the demands by IRB

Posted by bestreturn > 2017-06-14 07:43 | Report Abuse

http://www.thestar.com.my/news/nation/2017/06/13/dpm-wants-cops-to-end-to-illegal-gambling-in-penang/