All Comments on MAGMA Reload
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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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1 week · translate ·
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Sheldon
Everything takes time, but I believe Magma has great potential to surprise everyone once they get their strategy right. Keep holding on because the best turnaround stories are usually the ones that reward the patient investors.
Like · 6 days · translate
Wei Yang Hau
Almost there already, just need to be patient
Like · 6 hours · 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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1 week · translate ·
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Courgette Chong
The event will be at Sepang. Too bad Magma doesn’t have a hotel there
Like · 1 day · translate
Fabian
Hotels around Sepang are fully booked tho, so might some spillover to other area
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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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3 days · 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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1 week · 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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3 weeks · 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.
Like · 2 weeks · translate
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 · 1 week · 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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1 week · 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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2 weeks · 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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Like · 2 weeks · translate
Wei Yang Hau
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Clearing out those RPS is a massive win for their balance sheet and really cleans up the capital structure. Everything is finally looking primed for growth, so definitely time to stay bullish on MAGMA.
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2 weeks · translate ·
Sheldon
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oil price down, most likely there will be more travel activities soon
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1 month · translate ·
Jia Cheng
now can slowly see the recovery in travel activities already
Like · 3 weeks · translate
Jason Wan
the travel recovery may slow down a bit now, US fighting with Iran once again
Like · 3 weeks · translate
Tai Chin Fang
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Malaysia records 17.5 million tourist arrivals by May!
https://www.malaymail.com/news/malaysia/2026/06/10/malaysia-records-175-million-tourist-arrivals-by-may-as-vm2026-campaign-gains-momentum/223282
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1 month · translate ·
Previous replies (7)
Robin Lim
If not mistaken, they need to register with MOTAC. Once registered, they can enjoy a tax deduction of up to RM500k for qualifying capital expenses incurred from 11 October 2025 to 31 December 2027
Like · 3 weeks · translate
Sheldon
I think they have registered with the ministry considering they are one of the industry players
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