Posted by Abram66 > 1 month ago | Report Abuse

if all funds raised from the redeemable convertible notes are used to repay bank borrowings, MAGMA will become a net cash company, hehe 😁

Posted by BuildBackBossku > 1 month ago | Report Abuse

Perak is collaborating with Hong Kong tourism industry players to attract tourists from the country in conjunction with the Visit Perak Year (VPY 2024)

https://thesun.my/local_news/perak-collaborate-with-hong-kong-tourism-industry-players-to-attract-its-tourists-HP12482104

Posted by Fat_Money_Fat > 1 month ago | Report Abuse

Macam no momentum liao

Posted by Fat_Money_Fat > 1 month ago | Report Abuse

i bought at 20 cents should take profit or keep???

Posted by ElizaWong > 1 month ago | Report Abuse

Trading volume exceeds 1 million by the way, Fat_Money_Fat. Wait the QR to come out 1st then decide whether want to keep it or not, in my opinion

Posted by Lenny2k2 > 1 month ago | Report Abuse

up to you lor, if need money then always nice to take profit, most ppl here wait 30c next stop

Posted by itselviiin > 1 month ago | Report Abuse

Magma are slowly gaining confidence & momentum now, better hold longer

Posted by Fat_Money_Fat > 1 month ago | Report Abuse

Okay, take advice from all the shifu and hold first 😀

Posted by comebackkid > 1 month ago | Report Abuse

Very simple, if you did not buy this counter at 20 sen, will you buy it at current level? If your answer is a convincing YES, then why are you considering taking profit?

Posted by Sangranghaeyo > 1 month ago | Report Abuse

If you trade instead of investing and try to get a 50% return, then tp when it's at 30 cents

Posted by Gentingbig > 1 month ago | Report Abuse

my new in to buy magma around .22 to .23 as was told after agm this stock can go up. first TP price is 0 .30 which is not bad since its a penny stock

Posted by BuildBackBossku > 1 month ago | Report Abuse

AGM has not started la. It's on 26 Jun la

https://www.klsescreener.com/v2/announcements/view/6889939

Posted by Cptzer0 > 1 month ago | Report Abuse

Hold always the best play, 0.22-0.23 is a strong support anyway

Posted by itselviiin > 1 month ago | Report Abuse

1 more month till AGM, hold until then lor

Posted by ElizaWong > 1 month ago | Report Abuse

Q1 results are out. As expected, its revenue was improved due to the recovery in the hotel operations segment and strategic adjustments in hotel management

Posted by ElizaWong > 1 month ago | Report Abuse

for the record, the company's hotel operations segment generated revenue of RM6.29 million in 1QFY24, a substantial increase from RM2.78 million last year. This growth is attributed to the rising occupancy rates and the inclusion of business from WOLO Kuala Lumpur

Posted by stonedInvest > 1 month ago | Report Abuse

Revenue improved show that there is a potential increase in average room rate (ARR) sparked by higher demand in the hospitality segment. I believe next upcoming quarter profit are going to improve

Posted by BuildBackBossku > 1 month ago | Report Abuse

I was guessing right, the hospitality business is booming 🔺🔺 Increased 126% YoY

Posted by Tokyolo > 1 month ago | Report Abuse

2024 year of tourism mah, revenue confirm fly high lor

Posted by Abram66 > 1 month ago | Report Abuse

2023 annual report is out. Let's check it out if LCW is still in the list of top 30 shareholders 😁😁

Posted by mroverlord888 > 1 month ago | Report Abuse

Hold for another 6 months, keep magma until 0.30

Posted by IvanOnMyOwn > 1 month ago | Report Abuse

Annual report are out, any highlights in the reports??

Posted by ElizaWong > 1 month ago | Report Abuse

The management are extremely optimistic about the outlook for the company’s hotel business in 2024 as Magma is well positioned to capitalise on the opportunities ahead and the evolving tourism and hospitality landscape

Posted by Lenny2k2 > 1 month ago | Report Abuse

Malaysian tourism authorities say they’re expecting over 5 million tourists from China to visit this year, more than tripling last year’s figure, gonna be an big comeback year for Magma

Posted by Sangranghaeyo > 1 month ago | Report Abuse

By the way, Lee Chong Wei is still in the top 30 shareholders list 😁😁

Posted by stonedInvest > 3 days ago | Report Abuse

Not yet boom up?