Comments on MAGMA

Maverick

Like · Reply

Once the private placement is done, I expect Magma to make a solid rebound

1 day · translate ·

Teng Yong Shing

they are doing private placement??

Like · 1 day · translate

yezm_son

Like · Reply

slight dip, monday will rebound back 0.36

2 weeks · translate ·

Previous replies (12)

Powerup

Looks like have to wait for a while to reach the tp ady

Like · 1 day · translate

Alan Wai Sheng

The chart is showing a bit of a grind, but the underlying fundamentals still look solid for this one. Patience game now

Like · 1 day · translate

Robin Lim

1 Like · Reply

This year is shaping up to be a strong one for the hotel and F&B sector

1 week · translate ·

jdu

That's a good call, I'm seeing some solid momentum building in hospitality and dining right now

Like · 3 days · translate

Andrew Ho

Magma's WOLO KL, Impiana Hotel Ipoh, and Hotel Senai are set to see strong footfalls this year ~

Like · 3 days · translate

Tai Chin Fang

2 Like · Reply

Malaysia is getting ready for Visit Malaysia 2026, so I think the hotel industry could turn quite robust
https://www.travelandtourworld.com/news/article/malaysia-prepares-for-visit-malaysia-2026-prioritizing-tourist-safety-to-foster-future-growth-and-a-secure-travel-environment/

2 weeks · translate ·

Andrew Ho

Like · Reply

Technical analysis from Mercury Securities:

Momentum indicators are bullish, as the RSI is rising toward the overbought territory, while the MACD line has crossed above the signal line. The price also remains firmly above the EMA-20, EMA-50, and EMA-200, reinforcing the overall bullish sentiment.

Entry = RM0.350 - RM0.360

Stop Loss = RM0.275

Target Price = RM0.370 - RM0.405

4 weeks · translate ·

Previous replies (15)

Andrew Ho

First target price of 0.37 has been hit. Now wait for the next one

Like · 2 weeks · translate

Divine

Retesting support zone at 0.335, then will bounce back

1 Like · 2 weeks · translate

Courgette Chong

Like · Reply

Nice momentum. Can we see 40 cents before Christmas? ❆

4 weeks · translate ·

Previous replies (5)

Bravery

its time for magma to up back today

Like · 2 weeks · translate

Alan Wai Sheng

After lunch got chance, so far this week pretty good run

Like · 2 weeks · translate

Robin Lim

1 Like · Reply

Magma has teamed up with Savills Malaysia as its global marketing partner for the Wolo Mont Kiara KL boutique branded residences

https://theedgemalaysia.com/node/786322