MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.51

Today's Change

+0.02 (0.80%)

Day's Change

2.48 - 2.51

Trading Volume

150,600


7 people like this.

5,237 comment(s). Last comment by Supernoob 2 months ago

Posted by ProfitBaM > 2024-06-28 09:44 | Report Abuse

collect more

MR. BEAN

579 posts

Posted by MR. BEAN > 2024-06-30 00:18 | Report Abuse

Nike share price drop 20% following disappointing sales forecast. Hold tight.

snake_eye

958 posts

Posted by snake_eye > 2024-07-03 22:20 | Report Abuse

morubozu..bullish trend coming

shawn88

238 posts

Posted by shawn88 > 2024-07-05 18:40 | Report Abuse

Boss keep buying

Posted by bullvestor > 2024-07-31 01:12 | Report Abuse

Do they sell garment materials or garments

Posted by Supernoob > 2 months ago | Report Abuse

Gd result coming....big big dividend pls !!!

Posted by Najib Zamry > 2 months ago | Report Abuse

Solid result …..best of the best

UnicornP

2,848 posts

Posted by UnicornP > 2 months ago | Report Abuse

But a bit on the high side.

Posted by Supernoob > 2 months ago | Report Abuse

Oh man...pls pay la more !!! very stingy mgmt..hoarding so much cash!

UnicornP

2,848 posts

Posted by UnicornP > 2 months ago | Report Abuse

Speculating @ 2.57

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

5c dividend X 4 =20c at 2.59 yield 7.7%
Highest in bursa leh!!

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

Public bank gives target $3.26!
The excellent QR+5c dividend shall push it to $3.26 by this Friday.

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

Huge cash reserve back for the stock price.
Zero worrying

UnicornP

2,848 posts

Posted by UnicornP > 2 months ago | Report Abuse

Good pang is here! 🤗

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

It is too attractive of not coming here

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

I do not want to miss the good stock in Red Sea...

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

Some more supports by public bank 3.26..

gladiator

676 posts

Posted by gladiator > 2 months ago | Report Abuse

This is growth stock, double digit growth. Not to miss growth stock.

gladiator

676 posts

Posted by gladiator > 2 months ago | Report Abuse

Buy first before Kyy buy.

speakup

27,011 posts

Posted by speakup > 2 months ago | Report Abuse

Kyy maybe already bought.
once high high then he will write Buy Call in i3
then u follow u die

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

Hihi hi.... $2.51...... 8% dividend
$2.00 10% dividend

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

One stock can beat everyone in i3..

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

$2.54....... Rebound... Wait la...

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

Uncle YY so pro this round bought MAGNI..
This stock is AA stock..
Nothing to critic from cash to earning

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

If can get 10% a year will be wonderful

pang72

51,486 posts

Posted by pang72 > 2 months ago | Report Abuse

Let's more people selling to me in cheap

UnicornP

2,848 posts

Posted by UnicornP > 2 months ago | Report Abuse

<100k desired volume daily

UnicornP

2,848 posts

Posted by UnicornP > 2 months ago | Report Abuse

If I assume anything below 500k volume..

faruqie

53 posts

Posted by faruqie > 2 months ago | Report Abuse

steady growth

Posted by Supernoob > 2 months ago | Report Abuse

$1bil market cap but cash RM600mil!!! crazy company. Just interest income one year already RM20mil++!!!

faruqie

53 posts

Posted by faruqie > 2 months ago | Report Abuse

that’s why we need more dividend

Posted by larrylyb > 2 months ago | Report Abuse

The can easily afford more dividends, but guess management is conservative. Very little info out there about this company and their business.

UnicornP

2,848 posts

Posted by UnicornP > 2 months ago | Report Abuse

Magni worth RM3.

Posted by larrylyb > 2 months ago | Report Abuse

Hard to say as business is dependent on one major customer, not sure what is their moat. Also depends on what they do with the cash. If more of it comes out as dividends or share buy back and assuming business goes on as usual, will be worth more.

Posted by Supernoob > 2 months ago | Report Abuse

Don't need to say target price like broker..it's a waste of time. The biz is very simple and it's benefit from trade diversion. Do remember Magni is just one of the many supplier to Nike and it doesn't matter.. they have been doing this for so long.

Posted by Supernoob > 2 months ago | Report Abuse

Best gauge for this kind of business is DDM. Assume it continue to pay 4 cents every quarter (annualise) and discount it by 5% yield. That will be will roughly the price that i will pay to take over the whole co. This co is a turtle co and not suitable for goreng kaki. So dont need to look at here.

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