| Latest Forum Topics / Magnus Energy |
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Magnus Energy- shareholder activism
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Xiang90
Senior |
31-Dec-2020 13:12
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New year new start for Magnus!! Support support when re open in SGX Huat to all Magnus shareholders!!  huat to mr Charles Madhavan and team. |
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Xiang90
Senior |
10-Dec-2020 22:03
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Still waiting for news on trading resume, hopefully by this month
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Operator81
Senior |
10-Dec-2020 21:25
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I think this is better than hotel81 operator, sorry i mean hotel operator81. Bro Xiang90, madness energy make us Song.
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Xiang90
Senior |
10-Dec-2020 21:13
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Bro operator Did you fell off your operator chair?     Looks like current CEO is changing this to madness energy
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Operator81
Senior |
10-Dec-2020 19:06
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As mentioned in this announcement, this announcement is different project from the Cooperation Agreement signed previously. Magnus Energy signed Heads of Agreement with Indonesia SOE: Stage 1 (first 3 years): total value is USD 490 mil Stage 2 (next 3 years): value unknown.
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happyharvest
Elite |
27-Nov-2020 12:00
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how long do you expect this to materialize after trading resume? within 2 years or 2 to 5 years?
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happyharvest
Elite |
27-Nov-2020 11:59
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Good. looking forward to it. I have some shares in it.
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Operator81
Senior |
27-Nov-2020 11:38
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My analysis more realistic lah
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Operator81
Senior |
27-Nov-2020 08:57
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mrwise, today you got take medicine or not? $0.5 is 500 times of 0.1 cent. This is what i gathered from their financial report and publicly available info: 1) magnus is almost debt free (about S$0.1 mil debt) 2) it has cash of about S$3 mil before selling their Loyang JTC property. 3) Loyang property sold at $6.3 mil where magnus will get its share of 55.8% of the sale proceed, that anount is about $3.5 mil cash. 4) Without covid, its US subsidiary can easily contribute more than $2 mil into its earnings. 5) These new contracts that they announced can easily contribute another few $mil into its earnings. 6) during last AGM, share issue and performance shares resolution not approved by shareholders, this means no further share dilution. 7) if (4) and (5) add up to $6 mil, adding to its existing cash on hand (2) + (3), it will have $12.5 mil cash, which means about 0.1 cents per share. 8) Chances of success is high because Charles Madhavan is a hands on guy and he brought in Oriental EPC into partnership. 9) Another catalyst is their heads of agreement with AREA taiwan (according to nextinsights Leong Chan Teik, this AREA is a another biggie) Summary: (1) to (9) is fundamental analysis based on value investing but it does not work for micro penny stock. I am showing this to conclude that this magnus energy is a gem.      In micro penny rally, this kind of shares can easily shoot up more than 10-20 times
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vivacious
Supreme |
27-Nov-2020 08:56
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wah seh. sure anot.
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mrwise
Supreme |
27-Nov-2020 02:50
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At least $0.5!
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happyharvest
Elite |
27-Nov-2020 00:55
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how much do you think magnus is worth?
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Operator81
Senior |
27-Nov-2020 00:23
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There is an article by nextinsights Leong Chan Teik on 20 oct titled " Magnus Energy Ready to takeoff" . In the article, it said these 2 projects are worth tens of millions and the latest sgx annoncement further confirmed that. 0.1 cent is definitely undervalued. Anyway, you want to buy now also cannot because of the suspension. So the question is " how much is magnus worth after revaluation?" |
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vivacious
Supreme |
26-Nov-2020 21:09
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i hv been waiting since 2016...
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Xiang90
Senior |
26-Nov-2020 20:54
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Any idea when will this be counter resume? Excited   when I see so many projects and agreements looped in by their current board. Especially their ceo. hope by December they will release the dates! | ||||
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Operator81
Senior |
24-Nov-2020 07:17
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Why do you worry? Are you vested like me? As long as it can resume trading by this year should be in time to join in the penny rally. For the time being, play other counters.
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happyharvest
Elite |
23-Nov-2020 14:16
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Oh dear.. Magnus shareholders must be pissed off . It is missing out of the penny rally | ||||
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happyharvest
Elite |
26-Jul-2020 23:49
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care to explain why you think penny rally is coming?
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happyharvest
Elite |
26-Jul-2020 23:48
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unfortunately magnus is still suspended
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mrwise
Supreme |
26-Jul-2020 22:42
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See my recent call on QT vascular where prices burst from $0.004 to $0.012 and Asiamedic from $0.019 to $0.035.  It depends on individual to go and check it out more if in doubts. I see there is a great potential on this to ride up again... Hope that all profited...Do your own due diligence... Cheers!  
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    Looks like current CEO is changing this to madness energ