MAG HOLDINGS BERHAD

KLSE (MYR): MAG (0095)

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Last Price

0.185

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0

Overview

Market Cap

267 Million

NOSH

1,428 Million

Avg Volume (4 weeks)

1,584,610

4 Weeks Range

0.175 - 0.19

4 Weeks Price Volatility (%)

97.37%

52 Weeks Range

0.145 - 0.23

52 Weeks Price Volatility (%)

80.43%

Previous Close

0.185

Open

0.00

Bid

0.175 x 8,370,000

Ask

0.18 x 173,600

Day's Range

0.00 - 0.00

Trading Volume

0

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2022 [#3] | 26-May-2022

Next QR | Est. Ann. Date

30-Jun-2022 | 30-Sep-2022

T4Q P/E | EY

16.01 | 6.25%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

0.55 | 0.34

T4Q NP Margin | ROE

16.41% | 2.11%

Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: FOOD& BEVERAGES

Subsector: FOOD& BEVERAGES

Description:

MAG Holdings Berhad, formerly Xinghe Holdings Bhd, is a Malaysia-based investment holding company. The company and its subsidiaries are principally engaged in the live prawn aquaculture business and processing of marine seafood. The compnay operates through one segment: Live Prawns Aquaculture segment. The Company mainly opereates its businesses in Malaysia market.

Discussions
9 people like this. Showing 50 of 6,880 comments

newguy0801

Yes, definitely. So, let's just sleep past CNY, okay?

2022-01-10 11:07

newguy0801

How Mr.Ng always able to acquire cheaper through open market?

2022-01-15 10:00

superman7181

not sure , but always is off market transaction

2022-01-16 19:48

superman7181

lower and lower ZZZZZ

2022-01-24 16:11

newguy0801

According to Simply Wallstreet, Mr. Ng Min Lin already owns 53.61% of all outstanding shares as reported at 31st Jan 2022.

2022-02-07 22:43

newguy0801

The individual insiders portion is 72.2% now.

2022-02-07 22:44

newguy0801

Just bought 6K units of its warrant C, since the QR is coming soon.

2022-02-08 16:41

superman7181

Im still holding mother , bought and collect some PUC also this few days

2022-02-08 20:20

newguy0801

I can almost confirm Mr. Ng will privatize the company soon with progressively increasing shareholding. With the individual insiders portion almost closing to 75%, I guess it is almost inevitable.

2022-02-09 18:49

newguy0801

He just bought another 0.04% of the outstanding shares. If we just assume 3% is left before the public spread limit is achieved and he buys around 0.04% per day, he just need 75 days to achieve that.

2022-02-09 18:52

superman7181

only can wait .. lol now they seems to focus XL again

2022-02-10 11:39

newguy0801

Yes, MAG is just waiting to be privatized if we continue this path.

2022-02-10 12:51

newguy0801

Yes, my beloved chairman back in MAG. 800,000 @ 0.21.

2022-02-11 15:18

thesteward

This kind of bosses good la. Walk the talk ma. Sendiri support sendiri share is showing faith lo …

2022-02-12 17:07

thesteward

Nta 67 sen la cukup buffer

2022-02-12 17:11

newguy0801

Lmao, I think it will be most probably get privatized by the chairman himself before he let the share price reaches so high. He already owns 53.61%.

2022-02-12 17:13

newguy0801

Another possibility is he will put the company under XL Holdings since the company is larger and he was just appointed as its executive chairman.

2022-02-12 17:16

NoPainNoGain

Been waiting for eternity already lol.

2022-02-15 11:23

newguy0801

Posted by NoPainNoGain > Sep 30, 2021 3:55 PM | Report Abuse

A sh!tty trap counter.
Don't buy unless below 10 cents.

When you commented this on Sep 2021, you didn't realize it already rose to 0.21.

2022-02-15 13:22

superman7181

Out all position , not gonna wait dy .. very boring haha

2022-02-16 19:22

param1

esok magi mee udang galah

2022-02-24 19:20

newguy0801

@superman7181, I don't think MAG will suit your taste. This counter is more like a boring stable growth counter. In my opinion, commodity stocks especially lumber, steel and oil will suit you more. Everyday new surprise for you. Good luck with your trading, dude. You've been a good mate.

2022-02-24 20:31

newguy0801

Just my guess, maybe up few cents then sleep until next QR.

2022-02-24 20:33

newguy0801

This will be the normal pattern for MAG right now, since there is no space for goreng as the insiders hold much shares (almost 75%).

2022-02-24 20:35

newguy0801

Few possible scenarios are:
1) Privatization like Hock Seng Lee
2) Holding shares until certain IBs intend to invest
3) Director hold shares to goreng/dispose when the stock reaches his TP

2022-02-24 20:37

newguy0801

B2 Comparison with immediate preceeding quarter’s results (cont’d)
Despite lower revenue for the current quarter, gross profit for the current quarter increased to
RM8.12 million as compared to RM7.47 million in the preceeding quarter mainly due to higher
gross margin from North Cube Sdn Bhd.

2022-02-24 20:43

newguy0801

^So, there will be a potentially higher revenue for MAG in the next QR thanks to festives such as CNY that is frequently associated with high prawn consumption.

2022-02-24 20:47

newguy0801

Just like what I predicted, only up for 1 sen and then stay frozen like the frozen prawns they sell. Won't have goreng.

2022-02-25 09:17

thesteward

Directors has the faith to collect so much why scared . They do confident n walk the talk Ma.
Once break 25 could spike . Patient lo

2022-02-26 12:24

thesteward

Bot many retailers di here. All washed like Clorox Bersih

2022-02-26 12:24

thesteward

Once if break 30 interest Ma come back lo

2022-02-26 12:25

newguy0801

Lol, almost no retailers dy. Don't you see how much shares the director and private company owns? General public only owns less than 5%.

2022-02-26 12:59

newguy0801

All the retailers here are mostly long term growth seekers if not mistaken.

2022-02-26 13:01

newguy0801

I am not scared too lol, since this stock is literally the definition of chill

2022-02-26 13:02

thesteward

Not not bot typo

2022-02-26 22:08

thesteward

Today the Edge got article on Mag. Pretty good I see the prospect . The co is in net cash position some more . Come on Mag gogo 50 sen . Food is the era now !

2022-02-26 22:10

superman7181

hmm 205 , seems may be able to buy back at 200/195 soon ?

2022-03-07 12:00

newguy0801

Maybe can

2022-03-07 18:48

Kucupkilo

" tunggu... tunggu... tunggu... punya tunggu... itu Bulan Purnama tak kunjung tiba..."
- P.Ramlee, Seniman Bujang Lapok-

2022-03-07 21:07

superman7181

Boss court case ..

2 months ago

mystery

is 0.18 possible?

2 months ago

Let's Gooooo

Even lower is possible. When one of the exec beat the guard, the share price dropped to lower prices

2 months ago

superman7181

After awhile , boss bought in again

2 months ago

Paktua Second

Lousy counter

1 month ago

MZM2511

Good QR

1 month ago

TheRealJhoLow

Court case fail... prepare for a dump down in this counter

3 weeks ago

TheRealJhoLow

Boss was charged and guilty for money laundering

3 weeks ago

Paktua Second

For those who are still hold, just sell. No future already

2 weeks ago

Paktua Second

I know you all here because of suggestion by Magic man

2 weeks ago

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