Posted by Sangranghaeyo > 2 months ago | Report Abuse

Perak's tourism industry is growing stronger

https://www.nst.com.my/news/nation/2024/08/1094379/perak-launches-islamic-journey-package-draw-muslim-tourists-%E2%80%8B

Posted by Kkksss > 2 months ago | Report Abuse

Q2 result not good?

Posted by Cptzer0 > 2 months ago | Report Abuse

Q2 should be good, tourism back on track

Posted by BuildBackBossku > 2 months ago | Report Abuse

Optimistically speaking, it might turn losses into profits in q2 😬

Posted by stonedInvest > 2 months ago | Report Abuse

some hiccups on the markets recently, hope this Q2 result can light up the mood

Posted by ElizaWong > 2 months ago | Report Abuse

Impiana Ipoh Sdn Bhd.'s hotel operations division will generate strong revenue. Don't worry

Posted by Yusof896 > 2 months ago | Report Abuse

Kutip sikit lagi pd 20 sen hari ni 😊

Posted by Tokyolo > 2 months ago | Report Abuse

2024 is year of tourism, revenue confirm fly high

Posted by Sangranghaeyo > 2 months ago | Report Abuse

Get ready to see improvements from this company

Posted by mroverlord888 > 2 months ago | Report Abuse

Buy low sell high, enter 0.21, resistance 0.23

Posted by IvanOnMyOwn > 2 months ago | Report Abuse

Result not good?

Posted by Abram66 > 2 months ago | Report Abuse

Got chance to show better QR. Let's wait and see

Posted by Lenny2k2 > 2 months ago | Report Abuse

hotel occupancy is high due to influx of china tourist, uptrend + comeback in on the way

Posted by BuildBackBossku > 2 months ago | Report Abuse

May be we can see Magma showing us green QR soon 😀

Posted by oks911 > 2 months ago | Report Abuse

LCW no power?

Posted by itselviiin > 2 months ago | Report Abuse

LCW investing for long term

Posted by Sangranghaeyo > 2 months ago | Report Abuse

Awesome, MAGMA announced its Q2 results, and as we expected, they are improving 👍

Posted by Cptzer0 > 2 months ago | Report Abuse

Improvement in the Hotel Operation segment was as a result of increased in occupancy rate due to special travel visa issued for China travellers and also included of business from WOLO Kuala Lumpur into a new subsidiary of the Group.

Posted by ElizaWong > 2 months ago | Report Abuse

I am impressed. Next week Magma might challenge 1 month high and then 1 year high

Posted by nasilemaktelur > 2 months ago | Report Abuse

invest while its cheap. by the time results in the black. stock price might be double

Posted by BuildBackBossku > 2 months ago | Report Abuse

With this progress, Magma is likely to turn green in the next quarter

Posted by stonedInvest > 2 months ago | Report Abuse

Magma is coming home, remain positive with green qr

Posted by Tokyolo > 2 months ago | Report Abuse

After EGM then can fly higher

Posted by Yusof896 > 2 months ago | Report Abuse

Boleh kata q2 yg amat baik. Sekarang kita tunggu-nya naik ke 29 sen

Posted by Sangranghaeyo > 2 months ago | Report Abuse

Are you going to its EGM next Tuesday, Tokyolo ?

Posted by mroverlord888 > 2 months ago | Report Abuse

Magma Group sees positive hospitality outlook amid challenges

https://www.thestar.com.my/business/business-news/2024/08/30/magma-group-sees-positive-hospitality-outlook-amid-challenges

Posted by mroverlord888 > 2 months ago | Report Abuse

Magma are going to focus on its core operations within the hospitality sector, including its flagship hotels, Impiana KLCC Hotel, Impiana Hotel Ipoh, Impiana Hotel Senai, and WOLO Kuala Lumpur. Q3 will back in profits

Posted by ElizaWong > 2 months ago | Report Abuse

Magma Hotel operation has made positive progress. Therefore, the company has high expectations to turn a profit in the next quarter

Posted by IvanOnMyOwn > 2 months ago | Report Abuse

buying momentum slowly pouring it, keep monitor Magma

Posted by Abram66 > 2 months ago | Report Abuse

Tourism Malaysia aims for RM88bil receipts in 2024. Jom, cuti-cuti Malaysia
https://www.thestar.com.my/metro/metro-news/2024/07/11/tourism-malaysia-aims-for-rm88bil-receipts-in-2024

Posted by Lenny2k2 > 2 months ago | Report Abuse

Q2 Loses narrowed, 42% higher in revenue, Q3 will so much better compare to Q2

Posted by BuildBackBossku > 2 months ago | Report Abuse

Magma may turn green next quarter, I believe 🙂

Posted by Sangranghaeyo > 2 months ago | Report Abuse

Malaysia's tourism is booming and it is boosting hospitality and F&B business

Posted by itselviiin > 2 months ago | Report Abuse

Magma are slowly gaining confidence & momentum now, better hold & buy while its cheap

Posted by Yusof896 > 2 months ago | Report Abuse

Masa depan amat cerah bagi MAGMA. Kumpul sebelum ia melonjak tinggi 🙂

Posted by ElizaWong > 2 months ago | Report Abuse

Melaka got Fan Bingbing and Perak will have Michelle Yeoh for ambassador role 😀

https://www.nst.com.my/news/nation/2024/07/1081918/tourism-perak-eyes-michelle-yeoh-ambassador-role

Posted by Cptzer0 > 2 months ago | Report Abuse

Magma why so shy, need to move up again

Posted by stonedInvest > 2 months ago | Report Abuse

no worries, tourism on the menu... next quarter Magma will profi again

Posted by mroverlord888 > 2 months ago | Report Abuse

Hotel segment had generated RM6.34 million in revenue, compared to RM2.54 million from Q1.... Magma & tourism are definitely back

Posted by Sangranghaeyo > 2 months ago | Report Abuse

PM meets Marriott chairman (one of the world's largest hospitality companies) to discuss boosting Malaysia's tourism

Posted by Sangranghaeyo > 2 months ago | Report Abuse

https://www.nst.com.my/news/nation/2024/09/1104157/pm-meets-marriott-chairman-discuss-boosting-malaysias-tourism

This is undoubtedly good for Magma's hotel business

Posted by IvanOnMyOwn > 2 months ago | Report Abuse

Magma obtains shareholders' nod to raise RM100mil from bond issue

https://www.nst.com.my/business/corporate/2024/09/1104018/magma-obtains-shareholders-nod-raise-rm100mil-bond-issue

Posted by IvanOnMyOwn > 2 months ago | Report Abuse

The approval of the RCN fund-raising exercise provides us with the necessary financial resources to strengthen our balance sheet, enhance our hotel offerings, and capitalise on growth opportunities within the recovering tourism market.

Next era for Magma

Posted by comebackkid > 1 month ago | Report Abuse

How? Lee CW soon to become one of the major shareholders.

Posted by fortunefire > 1 month ago | Report Abuse

building a new badminton stadium there?

Posted by alienbiru > 1 month ago | Report Abuse

LCW is the big shark now

Posted by JJPTR > 1 week ago | Report Abuse

Something not right about hotels revenue,only 6m?
5 hotels x (100 room x70%) x 200 rgt x 365 days =$25.5m rgts
this is based on average occupancy rate of 70%

Posted by alienbiru > 1 week ago | Report Abuse

Magma big comeback liao

Posted by Noni > 1 week ago | Report Abuse

Hahaha...conversion 46mil shares at 0.16 sen only.
You paying 0.22 for it?

Posted by Seow8888 > 3 days ago | Report Abuse

0.22-0.16=0.06=37.5% gain