MAGNUM (3859): Financials Summary, Key Results, Growth

Big bro SPtoto in a loss. So panic on small bro might be the same.

2024-02-26 09:18

Donator

Big bro get less cake, maybe small bro get more cake

2024-02-26 11:39

Kitty Kitty

Result seemed decent for full year. Improvements seen but not as fast as expected.

2024-02-28 18:53

LimitUp

Everyone panic is when you can buy...

2024-03-17 16:59

Kitty Kitty

DPS and EPD improving slowly post covid years. Challenge for NFO remains with illegal NFO in the market. Wonder how the company will handle this and gain their market share again. Nevertheless, current price remains attractive if future growth improves.

2024-04-08 07:51

alibaba88

Better than expected!!! If the share price keep $1.15 magnum should be higher dividend 💰📈

2 months ago

alibaba88

Morning Unlce Sell , Afternoon Unlce Buy

2 months ago

cccvictor

Night Unlce SPTOTO takeover Magnum ?

2 months ago

I chased and bought MAGNUM at 1.16. This is a Position Trade, as SPTOTO has moved fast but MAGNUM was lagging behind. I took this trade due to FOMO - despite full investing position per plan, still had cash generated from past dividends and so, utilizing a small part of that - it was either that or sit and earn 3+% in FD rates. MAGNUM dividend yield is 5.2%, so, I feel little risk to take this trade.

As it is a trade, there's a stop loss. I am betting that in this bull run, it won't revisit 0.995 and so, if it goes below 0.99, I may cut loss.

I blogged about it here in i3.

2 months ago

ocbc

out of MSCI , funds have to sell this stock after 30/May

2 months ago

Time to dispose all these stocks as it shows no sign to recovery even economy GDP improves.

2 months ago

kingkong0000

SPTOTO QR SOUR .

Interim Dividend of 3.0 sen per share

1 month ago

EngineeringProfit

Why say sour?

1 month ago

Well again gaming is not a good counters to invest and wait. Switch to others counters to earn back profits

1 month ago

skc761103

MPHB cap already received offer to delisted n privatized ....soon next will be magnum as both have same major share holder with less liquidation

1 month ago

limit up?

1 month ago

Magnum lost to the abang SPToto so rally loosing steam...

1 month ago

cooledhawk123654

why magnum sudden shot down with high vol??

1 month ago

firehawk

Toto the other way round

1 month ago

LimitUp

What's happening to Magnum? Price moved so much today.

1 week ago

move up for u sell
move down for u buy

1 week ago

Kedah want ban 4D no point, malays are now gambling in Casino De Bursa

1 week ago

Casino De Bursa is a Halal casino in Malaysia which PAS approve

1 week ago

U Mobile news?

5 days ago

Donator

Ya, TP 2.00

5 days ago

Moratorium

Anyone knows how many %Umobile does Magnum have?

5 days ago

sephiroth

Magnum own 6.33% of U Mobile

5 days ago

Moratorium

Thanks sephiroth...

5 days ago

Hoottttttt

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

5 days ago

kl_guy

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

5 days ago

Donator

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

5 days ago

Hoottttttt

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

5 days ago

Nepo

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

5 days ago

IanQ

potential up to 50 sen div?

5 days ago

special dividend 5sen.
the rest keep as working capital

5 days ago

MakeMoneyAllHappy

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

5 days ago

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

5 days ago

MakeMoneyAllHappy

Who are you?? No one know you too

5 days ago

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

5 days ago

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

4 days ago

MakeMoneyAllHappy

You don't understand

I am asking who are you? This is the most simple question

I am not asking who is surin

4 days ago

I am nobody

4 days ago

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

4 days ago

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.

4 days ago