Posted by itselviiin > 2024-05-07 18:04 | Report Abuse

slight retrace today, see you at 0.24 tmr

Posted by Cptzer0 > 2024-05-08 17:11 | Report Abuse

Tq for rebound again GOGO magma!

Posted by stonedInvest > 2024-05-08 18:01 | Report Abuse

Business as usual for MAGMA, 2024 is a big tourism & comeback year

Posted by BuildBackBossku > 2024-05-09 08:40 | Report Abuse

looking at the price movement, it's likely to hit 25 cents by this week

Posted by Abram66 > 2024-05-09 09:23 | Report Abuse

Pray hard for that. ha

Posted by rac3ginho > 2024-05-09 16:27 | Report Abuse

Snipe Magma 0.22, TP 0.24-0.25

Posted by Sangranghaeyo > 2024-05-09 17:06 | Report Abuse

Next rally will come when it announces Qr this month end

Posted by Tokyolo > 2024-05-09 19:04 | Report Abuse

good snipe.... keep for a few more month, see Q1-Q2 performance good or not

Posted by BuildBackBossku > 2024-05-09 19:43 | Report Abuse

Good luck for sniping it at 22 cents 😆 It will rebound tomorrow

Posted by ElizaWong > 2024-05-10 14:28 | Report Abuse

In case you missed it, Lee Chong Wei is one of the substantial shareholders of MAGMA 😉

Posted by Abram66 > 2024-05-10 15:29 | Report Abuse

Lol, where do you find it, ElizaWong? Any link for that?

Posted by ElizaWong > 2024-05-10 15:35 | Report Abuse

Go to its 2023 Annual Report and view the “Thirty (30) Largest Shareholders” section on page 159

Posted by mroverlord888 > 2024-05-10 16:35 | Report Abuse

This week start moving abit now, keep magma until 0.30

Posted by IvanOnMyOwn > 2024-05-10 17:24 | Report Abuse

Uptrend signal is showing up this week, monitor closely next week

Posted by BuildBackBossku > 2024-05-13 11:20 | Report Abuse

Magma can hit 25 cents this week I guess

Posted by Lenny2k2 > 2024-05-13 16:40 | Report Abuse

can gua, buying power very strong

Posted by itselviiin > 2024-05-13 18:42 | Report Abuse

MAGMA confidence & momentum are slowly back.. 2024 year of tourism

Posted by Abram66 > 2024-05-13 20:39 | Report Abuse

Worry less, Magma got Lee Chong Wei 😀

Posted by Cptzer0 > 2024-05-14 17:38 | Report Abuse

0.22-0.23 new support range for magma

Posted by stonedInvest > 2024-05-14 19:15 | Report Abuse

Steady lately, seat are warming up & MAGMA ready for fly off

Posted by Sangranghaeyo > 2024-05-15 08:59 | Report Abuse

Tourism in Malaysia is on the rise, with 5.8 million tourists in the first quarter of 2024, says Datuk Seri Tiong King Sing

Posted by Sangranghaeyo > 2024-05-15 09:00 | Report Abuse

So Magma has an opportunity to show huge improvement in quarterly results at the end of this month

Posted by Tokyolo > 2024-05-15 16:52 | Report Abuse

Can Magma break 0.24 this week?

Posted by BuildBackBossku > 2024-05-15 16:55 | Report Abuse

Looking at its powerful price movement, 99.9% it will break 24 sen by this week

Posted by Abram66 > 2024-05-15 18:29 | Report Abuse

On the way to break 25 cents then hit 52-week high price 😊

Posted by mroverlord888 > 2024-05-15 20:23 | Report Abuse

already touch 0.24 but tmr is important as well, believe in MAGMA!

Posted by KropSkin787 > 2024-05-16 18:05 | Report Abuse

Close 24sen not too bad, hospitality sector is recovering & 2024 is Magma year

Posted by IvanOnMyOwn > 2024-05-16 19:27 | Report Abuse

uptrend signal slowly popping off...

Posted by ElizaWong > 2024-05-16 21:01 | Report Abuse

Good sign, we can expect Magma releases good QR then

Posted by Sangranghaeyo > 2024-05-16 23:19 | Report Abuse

Cuti-cuti Malaysia and hospitality business has performed well since early January

Posted by BuildBackBossku > 2024-05-17 12:24 | Report Abuse

its q1 result will improve significantly for sure

Posted by Lenny2k2 > 2024-05-17 16:22 | Report Abuse

Q1 might be good, share price been going up since last april

Posted by itselviiin > 2024-05-17 18:09 | Report Abuse

Magma almost close 25sen this week, TGIF

Posted by Abram66 > 2024-05-17 18:21 | Report Abuse

Next stop will be 29 cents (52 weeks high) 🤗

Posted by Fat_Money_Fat > 2024-05-20 09:45 | Report Abuse

I think can hit 30 cents

Posted by ElizaWong > 2024-05-20 12:11 | Report Abuse

It will probably reach 0.30 by the end of this month

Posted by chobozong > 2024-05-20 13:35 | Report Abuse

Another week to break out at 0.25! Gogo magma!

Posted by Cptzer0 > 2024-05-20 16:43 | Report Abuse

Vrooommmmm, close 26sen today! Q1 sure good result-

Posted by Sangranghaeyo > 2024-05-20 18:22 | Report Abuse

Perak theme now after Johor theme ? 😁

https://www.dagangnews.com/article/perak-di-kedudukan-strategik-tarik-pelabur-berimpak-tinggi-37428

Posted by Abram66 > 2024-05-21 12:04 | Report Abuse

MAGMA is undergoing a HR restructuring. New blood will join the company 🙂

Posted by rac3ginho > 2024-05-21 14:35 | Report Abuse

Tunggu apa lagi, testing resistance 25sen.. uptrend season??

Posted by stonedInvest > 2024-05-21 17:39 | Report Abuse

yea uptrend is here, 0.25 is support now and 0.28 is next resistance

Posted by BuildBackBossku > 2024-05-21 20:46 | Report Abuse

Hospitality business is booming and tomorrow is holiday! 🤗 Happay Vesak day, everyone

Posted by ElizaWong > 2024-05-23 12:32 | Report Abuse

Magma's next QR is releasing soon, either this Friday or latest by next Friday. Stay tuned ~

Posted by Tokyolo > 2024-05-23 14:40 | Report Abuse

Magma plans to raise RM100 mil via redeemable convertible note issuance

https://theedgemalaysia.com/node/712571

Posted by Tokyolo > 2024-05-23 14:40 | Report Abuse

The first sub-tranche of RCNs is expected to be available for issuance by the fourth quarter of 2024

Posted by Sangranghaeyo > 2024-05-23 16:56 | Report Abuse

wow, raise RM100 million !! The company will get big contracts ? 😮

Posted by mroverlord888 > 2024-05-24 14:49 | Report Abuse

No, but taken from the article

Of the maximum proceeds to be raised from the note issuance, RM48 million is earmarked for the repayment of the hospitality group’s bank borrowings and RM43.69 million for working capital.

Posted by IvanOnMyOwn > 2024-05-24 16:17 | Report Abuse

finally moving from 0.20 to 0.25, Tourism back on track & 2024 is a turn around year for MAGMA

Posted by Abram66 > 2024-05-24 17:56 | Report Abuse

As at 31.12.2023, the company had total bank borrowings of RM77.43 million