Posted by sasword > 2019-10-02 16:36 | Report Abuse

Wohoo, 2day sui sui collect back 10cents dividend from those holding for dividend, very nice.

Posted by katsul51 > 2019-10-03 17:34 | Report Abuse

Market jittery of potential increase in gaming tax for NFO.

Posted by Jeffreyteck > 2019-10-04 08:56 | Report Abuse

Sabotage by gov again? Guessing time again for analysts to goreng.

Posted by AllanTingAS > 2019-10-06 10:20 | Report Abuse

I think will be up a bit as government have no other souce to increase revenue. Hopefully is a bit, if not. Then koyak!

Posted by JacLow > 2019-10-07 09:32 | Report Abuse

Mag and bj racing now to c hu can dive further..

Posted by EngineeringProfit > 2019-10-07 15:52 | Report Abuse

Buy dip, to sell rip later....

......lelong.....cheap gets cheaper

Posted by AllanTingAS > 2019-10-07 22:01 | Report Abuse

Wait to see after budget.

Posted by katsul51 > 2019-10-11 19:31 | Report Abuse

NFO operators are spared this budget.

Posted by AllanTingAS > 2019-10-11 22:11 | Report Abuse

You decided to buy before budget, then some profit. But trend depend on the deal. Let see later!

Posted by limkokthye > 2019-10-16 15:46 | Report Abuse

all buy black market, payout very high 1st prize rm8200, 2nd rm3600, 3rd prize 1800, special rm250, conso rm80

Posted by katsul51 > 2019-10-18 18:02 | Report Abuse

2.63 million shares was dumped at 2.76 during the last 10 minutes of trade. Some funds must be exiting after making some decent profits I guess.

Posted by sasword > 2019-10-18 18:19 | Report Abuse

Come come, buy more donate more.

Posted by Battleman > 2019-10-18 19:16 | Report Abuse

how would market react next ...

Posted by Battleman > 2019-10-18 19:16 | Report Abuse

2.65 ? or even lower

Posted by weh9168 > 2019-10-19 04:03 | Report Abuse

Next will be the announcement of the 3rd qtr results which is due before end nov

Posted by Jeffreyteck > 2019-10-21 10:26 | Report Abuse

Sep results should be reversed positively, if give dividend, may temporary up.

Posted by newbie2y > 2019-10-21 12:44 | Report Abuse

anyone knows if U-mobile going to list next year? Magnum is still holding a 6% in U-mobile as of now right?

Posted by fundamentalkia > 2019-10-21 20:45 | Report Abuse

Time to buy some

Posted by IBestDividend > 2019-10-22 19:53 | Report Abuse

https://www.theedgemarkets.com/article/u-mobile-huawei-sign-loi-5g-collaboration

Posted by sg999 > 2019-10-30 23:25 | Report Abuse

Specialｄｉｖｉｄｅｎ　ｃｏｍｅ？？？？

Posted by weh9168 > 2019-11-19 17:32 | Report Abuse

Div 4cent for Qtr3

Posted by Jeffreyteck > 2019-11-19 17:52 | Report Abuse

Rare counter with regular dividends and quick payment.

Posted by pushparaj > 2019-11-19 18:53 | Report Abuse

TOMORROW GOING TO FLY.

Posted by sg999 > 2019-11-19 22:51 | Report Abuse

DIVIDEN COMECOME

Posted by limkokthye > 2019-11-19 22:54 | Report Abuse

the house always win

Posted by pushparaj > 2019-11-20 19:08 | Report Abuse

Better than bank FD. 5.60% yield

Posted by RainT > 2019-11-21 17:10 | Report Abuse

thereis lots more counter than dividend yield above 5%

Posted by sg999 > 2019-11-22 21:46 | Report Abuse

WHICH 1?

Posted by flexibt > 2019-11-22 21:51 | Report Abuse

33 cents dividend? dont bluff lah

Posted by Jeffreyteck > 2019-11-27 09:45 | Report Abuse

Waiting for U Mobile listing to breach 3 but may takes time. Dec results est +/-10% with final div est 5%.

Posted by member41 > 2019-11-27 13:56 | Report Abuse

https://www.theedgemarkets.com/article/u-mobile-targets-us500m-ipo

Posted by member41 > 2019-11-27 13:56 | Report Abuse

Ipo coming

Posted by milan21 > 2019-11-27 14:38 | Report Abuse

it mention as early as end of 2020........

Posted by sg999 > 2019-11-27 23:09 | Report Abuse

so got special dividen once umobile listed?

Posted by cmtfly > 2019-11-28 10:33 | Report Abuse

The main shareholder of umobile is berjaya vt & its group, magnum is only having minority interest. Don't be too excited over the umobile ipo and special dividend is yet to confirm.

Posted by cmtfly > 2019-11-28 10:42 | Report Abuse

It's better to go for bjtoto than magnum. As compare between bjtoto & magnum, the wide difference of 10 over cents is enough to do a cross over now. VT is now restructured his bj empire to gain more control over bjtoto to reap the ultimate fruits from bjtoto businesses.

Posted by AllanTingAS > 2019-11-29 07:56 | Report Abuse

Will queue at RM2.65, comfort zone. I think.!

Posted by Goodluck886 > 2019-12-03 15:47 | Report Abuse

Wat happen for magnum?keep drop ......

Posted by Nepo > 2019-12-06 19:19 | Report Abuse

It's Almighty! Taxed RM183 Million
December 6, 2019
(Kuala Lumpur, 6th) Magnum (magnum, 3859, motherboard consumer stocks) has once again become the dead soul of the inland tax bureau's tax recovery!

Magnum filed with the exchange, and the Revenue Authority stated that Multi-Purpose International (MPIL), Magnum's wholly-owned subsidiary in Labuan, owed a total of 182.8 million 467.46 ringgit in taxes from 2014 to 2018.

In May 2017, Magnum's subsidiary, Magnum Holdings Pte Ltd, was fined by the Revenue Department for a total of RM47.47 million in fines and taxes.

Posted by Nepo > 2019-12-06 19:25 | Report Abuse

On 29 November 2019, Multi-Purpose International Limited ("MPIL"), a Labuan company which is wholly owned by Magnum Berhad (and which was set up pursuant to the Selective Capital Reduction ("SCR") exercise by Magnum Corporation Berhad), had received via e-mail notices of assessment for income tax dated 29 November 2019 for the years of assessment 2014, 2015, 2017 and 2018 amounting to RM40,361,327.82, RM40,378,374.75, RM38,755,291.78 and RM24,555,383.55 respectively. On 2 December 2019, MPIL received via e-mail the notice of assessment dated 29 November 2019 for the year of assessment 2016 amounting to RM38,754,296.16.

The Inland Revenue Board ("IRB") now claims that MPIL should be taxed under the Income Tax Act 1967 instead of the Labuan Business Activity Tax Act 1990. Since its establishment, MPIL’s income including its interest income had been duly assessed under the Labuan Business Activity Tax Act 1990, a position which the IRB had never questioned in the past. Upon consulting its tax solicitors, the Board of Directors is of the view that there are reasonable grounds to challenge the validity of the said notices and the penalty imposed. This is especially given that the interest income which the IRB is seeking to subject to income tax had been disallowed as interest expense which were incurred for the same SCR exercise at the hand of the payer namely, Magnum Holdings Sdn. Bhd. and reflected as part of the settlement of previous tax audit conducted by the IRB on the Group in 2017.

It is anticipated that there will not be an immediate financial impact on the Group as the Board is seeking to secure a stand over pending the resolution of this matter.



This announcement is dated 6 December 2019

Posted by Biker2b > 2019-12-06 19:57 | Report Abuse

déjà vu 2017 - go to court then amicably reach mutual consent for settlement.

Posted by DollyLucky > 2019-12-07 16:40 | Report Abuse

Big drop coming Monday.

Posted by William Ng > 2019-12-07 16:45 | Report Abuse

Drop to RM1 again

Posted by JacLow > 2019-12-07 17:07 | Report Abuse

In 2017 kena 47mil..price went to all time low 1.65.
I wonder now 183 mil..price will go to where

Posted by smalltimer > 2019-12-07 17:18 | Report Abuse

Has there been bully tactics?

Posted by Czarll > 2019-12-07 17:54 | Report Abuse

RM 180m divide by 1430m share, RM0. 125 only....

Posted by Biker2b > 2019-12-07 18:48 | Report Abuse

@JacLow, that was the final settlement amount. initially IRB was asking for RM476.5 Mil

Posted by AllanTingAS > 2019-12-07 23:00 | Report Abuse

Luckily my queue price not match! Waiting for monday how market react on these bad news?

Posted by tigerball > 2019-12-07 23:03 | Report Abuse

hope can limit down

Posted by sg999 > 2019-12-07 23:26 | Report Abuse

Please limit down.