MEGL Magic Empire Global Ltd

$MEGL I'd keep watch and see how low this goes. Being forced down on low volume after offering. Given the offering is 9x cashless than the 1.12 shares, they still have some very cheap shares (this would be a cost basis close to around 0.12). They also issued 40M shares and 20M shares around the same price (0.16 and 0.25) which contain no lock-ups. All of these shares were issued after they approved of a RS as well, which is typical of these pump and dumps before they run. Oh and they also have a big ATM to dump shares. Another interesting thing to note is that it seemed like they were originally going to do a 15M shares offering at .54 with Revere Securities last year around this time, but filed a RW recently to cancel it, then they came out with these offerings. Seems like they wanted to issue more shares.

$MEGL the magic empire makes ur money disappear in no time! thats the magic of the company name

$MEGL My question for management: WHY issue 40 MILLION shares at $0.168 when the market price was roughly $1.12? Then turn around and establish a $100 MILLION ATM? You're raising capital at an enormous cost to existing shareholders, destroying their percentage ownership in the process. What's the actual plan here, and how does any of this benefit shareholders?

$MEGL 40 MILLION shares issued at $0.168 in August. Stock now trading around $0.27 after a 60%+ collapse. Those investors could still be sitting on a 60% profit while retail is getting slaughtered. Why wouldn't this revisit $0.168? Watch the dilution, not the hype.

$MEGL I trade Chinese scams over 6 years. This is their chance to trap retail and make money on Dilution. Basically daily usual business for Chinese.

$MEGL been waiting to recover lpsses since june 5, 2022 and company sends a nice fuck you to me but i am not surprised

$MEGL Still keeping track of this, only thing that concerns me is the ATM. I did a little more digging and found out Chaince Securities (the agent of the ATM), was likely responsible for WETO's liquidation back in June 2026 (WETO was also trading around this range I believe). It is a risky play for sure, at least for now it seems to have bottomed out here .6.

$MEGL another interesting thing about $MEGL is not just the book value of $0.45 a share but MEGL's last reported balance sheet showed approximately $15.5M in cash and very little debt. Using the subsequently expanded share count, that's approximately $0.22 per share in cash - compared with the current market price around $0.16 after the drop from $1.20 in just a few days 🚀 Oversold when they have more cash per share than the stock price i'd say so lol And that's before considering the additional capital raised through the recent financings or the potential of the new international commodities trading business. $SPY $QQQ $OPEN $PLUG

$MEGL if you play these right you made money 2-3x today from .24 to .32…. Rinse and repeat w these scam stocks don’t hold long….set limit orders people.

📉 $MEGL Top Loser #1 Move: down 49.0% 🔴 Financial Health: Weak • 0/100 🔴 Cash Flow Strength: Weak • Free cash flow -$6.78M 🔴 Profitability: Weak • Net margin -72.1% 🟡 Valuation: Not Meaningful • P/E is not meaningful because earnings are negative; P/S is 4.03 Analysis: Magic Empire Global Limited shows a weak financial profile. The company has -$6. Not financial advice.

$MEGL this owes me like 5$ I lost on the first knife let’s see if 2 times a charm hahaha

$MEGL Magic Scampire taking your money again. Next RS in the making to steal more money. 🇨🇳🗑️

$MEGL Did the retail investors drive this up themselves? Without any traders involved? Wow, this is completely reckless.

$MEGL Magic Empire Global (MEGL) announced that it has signed a Letter of Intent (LOI) for a five-year strategic cooperation with Sin Hopeway, a Singapore-based commodity trading company, to develop an international timber import and export supply chain. The cooperation commences on the date of the LOI signing. The company plans to supply raw timber materials to Sin Hopeway after completing strategic industrial advancements over the five-year cooperation period. The cumulative target transaction volume for both parties is $500 million.

$MEGL I analyzed the article as good news. A five-year strategic partnership has been signed between Magic Empire Global and SIN HOPEWAY, and a $500 million timber trading target has been set. SIN HOPEWAY focuses on international trade, and MEGL provides wood raw materials and processing services through upstream and downstream collaboration, with finished products scheduled to be supplied to the European and US markets. This partnership is a mid-to-long-term strategic expansion based on the company's global trade experience and supply chain foundation, and is expected to support the scale growth of the core goods trading business.

$MEGL MEGL Enters into Strategic Cooperation with Singapore's SIN HOPEWAY for USD 500 Million Timber Trade

$MEGL is trading sharply higher on partnership following a Globe Newswire release. MEGL entered a five-year strategic cooperation with Singapore's SIN HOPEWAY for USD 500 million timber import-export supply chain business. RTPR pushed this release out to users at 7:00:00 AM ET

$MEGL MEGL Enters into Strategic Cooperation with Singapore's SIN HOPEWAY for USD 500 Million Timber Trade | Float: 34.7 M | IO: 0.08% | MC: 48.5 M

$MEGL 🤝 Magic Empire Global Limited entered a five-year letter of intent with SIN HOPEWAY PTE. LTD. to develop an international timber import/export supply chain, targeting cumulative trade volume of US$500 million. Prioritized by relevance

$MEGL MEGL Enters into Strategic Cooperation with Singapore’s SIN HOPEWAY for USD 500 Million Timber Trade