All Comments on MAGMA Reload
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Jason Wan
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buying the Luma Hotel in KK for RM61 million is a smart strategy because Sabah tourism is on fire right now
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15 hours · translate ·
Tai Chin Fang
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Tourists from Vietnam will flock to Malaysia
https://www.bernama.com/en/world/news.php?id=2543131
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5 days · translate ·
Previous replies (3)
Hui Eng Huat
Wah, Magma ah? If you confident, then just hold tight and see lor, hopefully the profit come fast fast.
Like · 1 day · translate
Wei Yang Hau
Fingers crossed, we will see in another few months
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Sheldon
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MAGMA’s latest angle is much more tangible now because the proposed LUMA Hotel acquisition gives the recovery story an actual asset-backed shape
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2 days · translate ·
Sheldon
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Fundamentally improving, now just waiting for the market to rerate it
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1 week · translate ·
Previous replies (1)
yezm_son
Next month then can see if the trend changing or not
Like · 6 days · translate
Wei Yang Hau
hope next month end got some surprise
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Jia Cheng
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is the LUMA hotel a good acquisition?
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1 week · translate ·
Previous replies (5)
Wei Yang Hau
quite ok, at least acquire already straightaway can put to work and generate revenue
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Jia Hao
can see the logic there, gotta make the assets work for you ASAP for that sweet, sweet profit. Smart move to get it operational immediately, no time to waste
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Andrew Ho
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Tourism Malaysia welcomed about 1,500 visitors at KKIA during the Aidilfitri period

https://www.bernama.com/en/general/news.php?id=2536841
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3 weeks · translate ·
Previous replies (1)
Teh Yi Hao
can de, Magma just need timing and patience...
Like · 3 weeks · translate
Albert
we can anticipate for better upcoming results now
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Courgette Chong
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I believe Magma will do really well in FY2026. Let's watch
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1 month · translate ·
Previous replies (6)
Hui Eng Huat
Sounds like a good opportunity if the price dips that low, can consider adding to the portfolio
Like · 1 week · translate
Courgette Chong
Buying on dips is a good choice, much better than chasing high afterwards
Like · 1 week · translate
Robin Lim
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Magma has acquired LUMA Hotel along with four adjoining buildings in Kota Kinabalu to grow its hotel business

https://www.thestar.com.my/business/business-news/2026/03/05/magma-to-acquire-luma-hotel-and-buildings-for-rm609mil
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1 month · translate ·
Previous replies (4)
Randy Chew
Wah, Sabah people sure got the good life selling oil now, must be making bank. Hope they invest wisely, don't just spend everything lah.
Like · 3 weeks · translate
Randy Chew
Data from the Sabah Tourism Board shows that international tourist arrivals to the state have rebounded to pre-pandemic levels, surpassing the one million mark in 2024 and 2025. China, Brunei and South Korea are among the top source markets.
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Daren Ong
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Visit Malaysia Year. Hotel business surely be good one
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1 month · translate ·
Previous replies (1)
Ang Ching Yew
Eh, can see Magma's FY2026 numbers are shaping up nicely, feels like they might even beat those projections leh.
Like · 1 month · translate
Xynegic
I guess all the investor having same views , looking forward for a better come back ongoing few quarter
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Ang Ching Yew
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Looking ahead to 2026, MAGMA expects its hotel business to benefit from the recovery of Malaysia’s tourism sector, particularly with the promotional push for Visit Malaysia Year 2026. The anticipated increase in both international and domestic travellers is expected to drive higher hotel occupancy rates and room prices.
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1 month · translate ·
Previous replies (2)
Courgette Chong
An even better thing is that Magma is still holding up well even though the war is still ongoing
Like · 1 month · translate
Teck Chuan Lim
Yup performance on par, even volume are starting pouring in
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