Edward Lee's comment on MAGMA. All Comments

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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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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