All Comments on MAGMA Reload
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Jia Cheng
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Wolo project got so much potential to turn things around and bring in big revenue once everything is up and running. If they execute well, this could be the start of a massive turnaround story for us shareholders.
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1 week · translate ·
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Tai Chin Fang
When will the WOLO project be completed?
Like · 19 hours · translate
Robin Lim
The project is scheduled for completion in the fourth quarter of 2030
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Luke Low
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QR release is this month end right?
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1 day · translate ·
Jia Cheng
Yes, should be this month end if no delay
Like · 23 hours · translate
Courgette Chong
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Magma’s RM850 million Wolo project is now underway, and the company is targeting a return to the black next year
https://www.enanyang.my/news/20260728/Finance/1329761
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1 week · translate ·
Previous replies (7)
Unown Unown
Hold steady because Magma surely get potential to turnaround and become the next big dark horse in the market
Like · 3 days · translate
Courgette Chong
Let’s see some recovery first. Becoming a dark horse not so fast
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Robin Lim
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30 cents not so easy to break, but sooner or later should get through
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4 weeks · translate ·
Previous replies (4)
Robin Lim
I think need to wait until next month then can see the movement alrdy
Like · 2 weeks · translate
Jason Ong
most probably, because it is back to accumulation phase again
Like · 2 weeks · translate
Maverick
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Jalan Raja will be closed for almost 6 days starting next week as KL gets ready for Citrawarna 2026. There’ll also be more road closures and traffic diversions during the cultural parade, according to Tourism Malaysia. Looks like hotels in the area are going to be packed and business should be very good next week

https://www.malaymail.com/news/malaysia/2026/07/17/kls-jalan-raja-to-close-from-july-21-to-27-ahead-of-citrawarna-2026/227948
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4 weeks · translate ·
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Courgette Chong
The event will be at Sepang. Too bad Magma doesn’t have a hotel there
Like · 2 weeks · translate
Fabian
Hotels around Sepang are fully booked tho, so might some spillover to other area
Like · 2 weeks · translate
Wei Yang Hau
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Magma steady lah, those new plans show they really trying to turn things around for the better. Just relax and hold tight because when the big jump come, sure worth the wait one.
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2 weeks · translate ·
Simon Reyes
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Appointment GDB for this hotel project really shows Magma moving in the right direction lah. This one confirm boost future value and long-term potential, really can look forward to seeing it grow.
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3 weeks · translate ·
Andrew Ho
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Good news, Magma has gotten shareholders’ approval for the RM47.7 million RPS debt set-off

https://www.sinchew.com.my/news/20260701/finance/7634200
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1 month · translate ·
Previous replies (4)
Cyrus
Steady hand on the wheel, the Mont Kiara project is looking like a solid game changer for their growth. Once that kicks off, we are definitely going to see some really promising upside for our portfolios.
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Courgette Chong
Just like what I expected. Magma has appointed GDB to build a new hotel on Persiaran Dutamas https://theedgemalaysia.com/node/811685
Like · 3 weeks · translate
Unown Unown
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Steady lah, 30 cents resistance is just a temporary speed bump before the real rally starts. If we keep holding strong, this stock confirm got potential to fly higher soon.
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4 weeks · translate ·
Edward Lee
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That cash preservation move is quite steady for their expansion plans but we really need to see more concrete progress on the ground first. Honestly just keep a close eye on their balance sheet because property ventures can eat up capital super fast if the execution is shaky.
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1 month · translate ·
Unown Unown
Their cash preservation strategy looks okay for now but easier said than to be done until we actually see those projects breaking ground
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Luke Low
Steady lah, their focus on cash preservation shows management is playing it smart and keeping the ship stable for the long haul. Once those projects start breaking ground, we could be looking at a very bright upside waiting to happen.
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