MAGNUM BERHAD

KLSE (MYR): MAGNUM (3859)

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Last Price

1.17

Today's Change

-0.01 (0.85%)

Day's Change

1.17 - 1.18

Trading Volume

294,100


3 people like this.

3,727 comment(s). Last comment by LimitUp 2 weeks ago

Donator

1,002 posts

Posted by Donator > 2 months ago | Report Abuse

Ya, TP 2.00

Moratorium

210 posts

Posted by Moratorium > 2 months ago | Report Abuse

Anyone knows how many %Umobile does Magnum have?

sephiroth

14,143 posts

Posted by sephiroth > 2 months ago | Report Abuse

Magnum own 6.33% of U Mobile

Moratorium

210 posts

Posted by Moratorium > 2 months ago | Report Abuse

Thanks sephiroth...

Posted by Hoottttttt > 2 months ago | Report Abuse

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

kl_guy

1,526 posts

Posted by kl_guy > 2 months ago | Report Abuse

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

Donator

1,002 posts

Posted by Donator > 2 months ago | Report Abuse

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

Posted by Hoottttttt > 2 months ago | Report Abuse

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

Nepo

3,393 posts

Posted by Nepo > 2 months ago | Report Abuse

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

IanQ

120 posts

Posted by IanQ > 2 months ago | Report Abuse

potential up to 50 sen div?

speakup

26,823 posts

Posted by speakup > 2 months ago | Report Abuse

special dividend 5sen.
the rest keep as working capital

Posted by MakeMoneyAllHappy > 2 months 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

26,823 posts

Posted by speakup > 2 months ago | Report Abuse

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

Posted by MakeMoneyAllHappy > 2 months ago | Report Abuse

Who are you?? No one know you too

speakup

26,823 posts

Posted by speakup > 2 months ago | Report Abuse

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

speakup

26,823 posts

Posted by speakup > 2 months 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 > 2 months 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

26,823 posts

Posted by speakup > 2 months ago | Report Abuse

I am nobody

DividendGuy67

1,119 posts

Posted by DividendGuy67 > 2 months 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

1,119 posts

Posted by DividendGuy67 > 2 months 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

1,119 posts

Posted by DividendGuy67 > 2 months 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

550 posts

Posted by INVEST_AA > 2 months ago | Report Abuse

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

INVEST_AA

550 posts

Posted by INVEST_AA > 2 months ago | Report Abuse

Something is brewing?

speakup

26,823 posts

Posted by speakup > 2 months ago | Report Abuse

Coffee brewing bro
Other than that is your imagination

LimitUp

435 posts

Posted by LimitUp > 2 months ago | Report Abuse

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

Donator

1,002 posts

Posted by Donator > 1 month ago | Report Abuse

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

LimitUp

435 posts

Posted by LimitUp > 2 weeks ago | Report Abuse

Price coming down. Will start buy at 1.15

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