All Comments on MAGMA Reload

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Andrew Ho
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Now that MAGMA has some new land in a good spot in KL, the company’s getting ready to take advantage of the property market picking up and the boost in tourism
CL Tan
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Hit up 0.26, uptrend is here
Fiona Auery
need to break the 0.26 ceiling first
Like · 18 hours · translate
KhaiLoon
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reduction of issued share capital what is that hahahah...... wanna cut your tickets?
Unown Unown
could be cutting the numbers of outstanding shares by buying back the shares (share buyback)
1 Like · 2 days · translate
KhaiLoon
share buy back can inflict extra costs the best way is share consolidate hahahahah
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Alan Wai Sheng
3 Like · Reply
Magma power week, next week breakthru 0.24
Chun Yii Fatt
This week big chance wor, buy volume + momentum building up
Like · 2 days · translate
Fiona Auery
now the 0.24 level has turned into new support level
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Robin Lim
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Magma shareholders have approved the acquisition of the land for RM80mil, which will be used for a hospitality-infused residential development

https://themalaysianreserve.com/2025/03/25/magma-shareholders-approve-rm80m-land-acquisition/amp/
Rico Lim
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For the latest development project, Magma Group expects a gross development value (GDV) of about RM439.83 million, with an estimated gross development cost (GDC) of RM249.79 million.

The project is expected to generate a gross profit of about RM110.26 million over a 42-month period.
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Andrew Ho
Not bad, about RM7.87 mil per quarter. It will become a profitable company for sure
Like · 1 week · translate
Dennis
thats pretty good
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Unown Unown
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Bull run lai liao
Courgette Chong
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MAGMA is looking into buying land in key growth areas like Penang, Johor Bahru, Kota Kinabalu, and Kuala Lumpur to tap into their development potential

https://www.nst.com.my/business/corporate/2025/03/1191374/magma-group-eyes-land-acquisitions-kl-few-other-states
Andrew Ho
1 Like · Reply
Heard that Magma will be able to turn around in FY25
Andrew Ho
Hot money flows in as well. Let's go, Magma
Like · 2 weeks · translate
meteng.kangsar kangsar
Break 50 Sen can????
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Robin Lim
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Wow, The MOTAC has invited 80 German agencies and tourism representative to explore Malaysia. Government is working hard to promote local tourism

https://dayakdaily.com/ministry-invites-80-german-tourism-agencies-to-explore-promote-msia-as-top-travel-destination/
Tai Chin Fang
MAGMA's hotels are sure to have higher occupancy rates throughout the year
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Firash Ahmad
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