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Overview
Financial Highlight
Headlines
Business Background MAG Holdings Berhad operates in Malaysia.
  Let's Gooooo Yes, MAG is just waiting to be privatized if we continue this path. 10/02/2022 12:51 PM  thesteward This kind of bosses good la. Walk the talk ma. Sendiri support sendiri share is showing faith lo … 12/02/2022 5:07 PM Let's Gooooo 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%. 12/02/2022 5:13 PM Let's Gooooo 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. 12/02/2022 5:16 PM Let's Gooooo 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. 15/02/2022 1:22 PM Let's Gooooo @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. 24/02/2022 8:31 PM Let's Gooooo 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%). 24/02/2022 8:35 PM Let's Gooooo 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 24/02/2022 8:37 PM Let's Gooooo 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. 24/02/2022 8:43 PM Let's Gooooo ^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. 24/02/2022 8:47 PM Let's Gooooo Just like what I predicted, only up for 1 sen and then stay frozen like the frozen prawns they sell. Won't have goreng. 25/02/2022 9:17 AM 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 26/02/2022 12:24 PM Let's Gooooo 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%. 26/02/2022 12:59 PM Let's Gooooo All the retailers here are mostly long term growth seekers if not mistaken. 26/02/2022 1:01 PM Let's Gooooo I am not scared too lol, since this stock is literally the definition of chill 26/02/2022 1:02 PM 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 ! 26/02/2022 10:10 PM Let's Gooooo Lmao, technical buy by Public Invest. https://klse.i3investor.com/blogs/PublicInvest/2022-02-28-story-h1599348857-TECHNICAL_BUY_MAG_0095.jsp 28/02/2022 12:32 PM Kucupkilo " tunggu... tunggu... tunggu... punya tunggu... itu Bulan Purnama tak kunjung tiba..." - P.Ramlee, Seniman Bujang Lapok- 07/03/2022 9:07 PM Let's Gooooo Even lower is possible. When one of the exec beat the guard, the share price dropped to lower prices 14/04/2022 2:57 PM Paktua Second Now Magic Man or Magic Room silent already right about this counter? Got scam? 01/07/2022 9:38 AM MZM2511 MAG Holdings aims to be top three aquaculture player in Malaysia Meanwhile, MAG posted a net profit of RM17.52 million in the full FY22, on the back of a revenue of RM135.44 million. No comparative financial information was available for the preceding year's corresponding period as the company changed its financial year end to June 30 from December 31. It said the net profit recorded for the 12 months was mainly due to its aquaculture and food processing business contribution. However, the company slipped into a net loss of RM2.39 million in the fourth quarter (Q4) despite recording revenue of RM60.49 million. 06/09/2022 7:56 AM MZM2511 On behalf of the Board, Mercury Securities wishes to announce that the Board has on 9 February 2023 fixed the issue price for the second and FINAL TRANCHE of the Private Placement at RM0.175 each per Placement Share (“Issue Price”). The Issue Price represents a discount of RM0.0124 or 6.62% to the 5-day volume weighted average market price of MAG Shares up to and including 8 February 2023 of RM0.1874 per MAG Share. This announcement is dated 9 February 2023. 09/02/2023 11:02 PM MZM2511 Types of corporate proposal Private Placement Details of corporate proposal PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MAG ("MAG SHARES" OR "SHARES") REPRESENTING UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF MAG ("PRIVATE PLACEMENT") No. of shares issued under this corporate proposal 24,331,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1750 Latest issued share capital after the above corporate proposal in the following Units 1,587,655,765 Issued Share Capital ($$) Malaysian Ringgit (MYR) 533,644,508.320 Listing Date 16 Feb 2023 Remarks : The listing of the second and final tranche of 24,331,000 new MAG Shares pursuant to the Private Placement marks the completion of the Private Placement. 24/02/2023 1:04 PM 5354_ QR not bad. Net cash improve to 6 sen per share. Why nobody ask for dividend or free W? 01/03/2023 9:30 AM  speakup https://focusmalaysia.my/mag-sees-earnings-growth-from-expansion-of-its-tawau-prawn-farming-project/ 02/03/2023 7:36 AM  | |
