Kuromi

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Joined Mar 2026

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The TTOP acquisition means they are now a full-service energy player
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With tourism rebounding for VM2026, Magma is perfectly placed.
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the directors are still buying more shares, good signal
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Diesel price hike impact is manageable because their township infra is mostly done.
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High visibility, low risk construction play.
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Listing price 25 sen but fair value analyst said 33 sen. Dont know how true is it, but if is real, that would be a 32% upside potential
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This is a defensive stock that also gives you growth. Safe and steady income play
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Their RM2 billion order book is already settled for the next few years
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Analysts have a 41 sen TP, and the stock is still below 30 sen
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Current price at 34.5 sen looks undervalued given their infrastructure exposure
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