MAGNUM BERHAD
KLSE (MYR): MAGNUM (3859)
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Last Price
1.66
Today's Change
-0.01 (0.60%)
Day's Change
1.65 - 1.67
Trading Volume
42,400
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Discussions
3 people like this. Showing 50 of 3,526 comments
KOTA KINABALU: A PAS call for a liquor ban in Labuan has prompted a leader from a component party in the ruling Gabungan Rakyat Sabah (GRS) coalition to raise the fear of an economic setback for the island.
“Labuan is not as vibrant as KL,” said Labuan PBS chief Peter Mak in reaction to Labuan PAS chief Hamir Zahari’s proposal that authorities on the duty-free island follow Kuala Lumpur City Hall’s example by blocking the sale of liquor at sundry shops.
2021-11-15 08:53
malaysia econ is going to end soon if continues control by this thinking.......Ringgit currency will worst as rupiah lol
2021-11-15 09:33
Only the backward thinking state would do this kind of thing.. limited to that kind of state only..
don’t worry analyst mentioned smallish impact… STEADY….
2021-11-15 22:32
Takda cukai judi Dan cukai arak, naikan cukai tanah, Laksa akan cukai baru seperti cukai garam Dan cukai gula, penggunaan garam gula berlebihan membawa penyakit. Dan juga cukai lemak untuk makan an yg berlebihan lemak.
2021-11-16 10:55
Lucky no horse racing in kedah, if not all horse can sell at pasar as horse meat
2021-11-18 21:42
Kedah 4D ban is final, says MB
https://www.themalaysianinsight.com/s/351889
2021-11-18 21:46
If BN continue won more, they no need PAS anymore, PAS power will back to northern territories. Their mission to ban alcohol and gambling will be lose. Gambling and alcohol counter may fly this.
2021-11-20 21:18
IMO gaming sector is sunset business. Only can buy for short term. No long term investment value. Only older generation believe in earning money from gambling.
2021-12-30 20:47
Pretty disappointing. EPS is less than 50% pre-covid quarters. Comparatively, sports toto has fared better.
2022-02-24 17:47
Borrow as much as possible to dividend or do capital repayment to shareholders is their strategy and risk management. Govt will not dare to take away their license as the banks will collapse.
2022-03-17 08:45
once borders opened on 1 Apr 2022, revenue will increase further. Local will enjoy better sales, so more money to spend on magnum4d and bjtoto. Foreign workers will also buy magnum4d and bjtoto to try their luck. These 2 counters will benefit from the reopening of the borders.
2022-03-17 08:56
All companies owe money at some point in course of doing business, buying fixed assets, shop lots, cars for director, investments, etc. normal la. Assuming otherwise it's like saying no one growing up owes any money to any bank
2 months ago
Magnum hit bottom at Rm1.71 on 18th Mar. It has been on the onset of a bottom reversal for a week and for the last 3 trading days advanced upwards impressively to close at Rm1.86 with intraday high of Rm1.89 on 7th Apr 2022.
Magnum has bounce back from a loss of 29m in 3Q21 to a profit of 20.5m in the 4Q21 and paid 1.5sen dividend on 25th Mar.
With the opening of all sectors of economy as well as border crossing, magnum is reasonably expected to achieve its full potential and further accelerate in revenue n profitability in 2022.
In addition, the catalyst for Magnum according to some media report is the potential listing of U Mobil to raise RM2.1b in which Magnum has a substantial shareholding and could receive RM400m after listing.
With this development Magnum has the ingredient of a value investing stock. The downside risk is limited and it is not a bad idea to buy and hold.
2 months ago
I managed to pick up some at 1.75 and regretted not having the opportunity to pick up more when it dipped further. so far happy with the +6.29% appreciation on price. hope it will dip below 1.80 for me to pick up more
2 months ago
https://www.bharian.com.my/berita/nasional/2022/05/956890/kedah-sudah-... sanusi say 4d cannot, ketum boleh
1 month ago
Magnum 1Q net profit more than doubles to RM16.5mil
https://www.thestar.com.my/business/business-news/2022/05/19/magnum-1q...
1 month ago
Finally managed to pick up some more at 1.75. This one can keep as dividend stock
According to Magnum website, there are a total of 442 Magnum outlets in Malaysia including 13 outlets in Kedah representing a small fraction of 2.94% of outlets. The ban in Kedah wont significantly affect Magnum performance. Meanwhile there are still illegal betting still going on while the Kedah gomen wont / cant do anything or get any single sen.
1 month ago
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Desmond_of_KLSE
it's good that business & investment will move to Penang. I pray to see Kedah becomes as poor as Kelatan. Insya Allah.
2021-11-15 08:49