KLSE (MYR): MAGNUM (3859)
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Last Price
1.26
Today's Change
+0.01 (0.80%)
Day's Change
1.23 - 1.27
Trading Volume
1,664,300
T4Q
31-Mar-2021
2020
31-Mar-2021
2019
31-Mar-2021
2018
31-Mar-2021
2017
31-Mar-2021
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.
2024-05-20 15:35
Time to dispose all these stocks as it shows no sign to recovery even economy GDP improves.
2024-05-21 17:34
Well again gaming is not a good counters to invest and wait. Switch to others counters to earn back profits
2024-05-29 14:57
MPHB cap already received offer to delisted n privatized ....soon next will be magnum as both have same major share holder with less liquidation
2024-05-29 15:36
Buy now since still consider very cheap… after Umobile listed news, at least RM1.50
2024-07-17 11:50
When u keep doubting, people already start earn money, act now better than chase high later.
2024-07-17 14:52
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
2024-07-17 21:38
boy, u dont know Surin! u really dont know Surin! please learn more about Surin
2024-07-17 21:40
If u are Magnum investor and don't know Surin.......I dunno what to say already
2024-07-17 22:07
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
2024-07-18 08:27
You don't understand
I am asking who are you? This is the most simple question
I am not asking who is surin
2024-07-18 09:12
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
2024-07-18 20:39
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.
2024-07-18 20:47
Here are my views on my position trade price targets for MAGNUM. And some sharing of thoughts on what should be a good Trading Plan, and how to be a successful trader. My plan is so simple that even a child can execute.
https://klse.i3investor.com/web/blog/detail/DividendGuy67/2024-07-18-story-h-156841555-MAGNUM_Position_Trade_Update
2024-07-18 21:29
Sizeable funds are coming regardless all the candle stick bla bla analysis…. It will still fly…
2024-07-23 09:32
Everything still normal with Magnum except the price gained more than 12% 😁
2024-07-25 21:44
Definitely right
Magnum strikes lottery in regards to U Mobile wining 2nd 5G communication network
1 month ago
In terms of financials, Vincent Tan shared that U Mobile recorded a higher revenue of RM3.5 billion and a higher net profit of RM102 million, with increased operating cash flows of RM1.2 billion in 2023. He added that U Mobile’s total assets stood at RM6.2 billion, with a total share capital of RM2.6 billion.
1 month ago
Magnum is currently trading at attractive valuations, close to pandemic lows, with a projected 2025 PE of 10x, below the NFO sector’s five-year mean of 12-13x. These valuations, combined with the company’s low beta, defensive business nature, and steady cash flow, make it appealing to risk-averse investors. The company’s earnings resilience and prospective dividend yields of 6.2-8% in 2024-25 further enhance its attractiveness.
A potential monetization of Magnum’s stake in U-Mobile, anticipated as early as 1H25, serves as a key re-rating catalyst
1 month ago
Magnum untung about 300 million if u mobile listed with rm10 B ...if opening shoot up 50%...then magnum untung 500 million ....
1 month ago
cccvictor
Night Unlce SPTOTO takeover Magnum ?
2024-05-17 18:25