MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.53

Today's Change

0.00 (0.00%)

Day's Change

2.53 - 2.54

Trading Volume

12,800


7 people like this.

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

Vaylens Chong

1,120 posts

Posted by Vaylens Chong > 2015-08-13 18:56 | Report Abuse

add more toommolu~~~~

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-13 23:39 | Report Abuse

Good stock no fear to buy

spear

316 posts

Posted by spear > 2015-08-14 10:51 | Report Abuse

buy ar.. good stock with lot of cash

gnail

343 posts

Posted by gnail > 2015-08-14 11:35 | Report Abuse

masuk

chshzhd

1,908 posts

Posted by chshzhd > 2015-08-14 14:14 | Report Abuse

haha...test your brain n soul..

UncleYC

21 posts

Posted by UncleYC > 2015-08-15 21:38 | Report Abuse

Misal fox counter no worry?

zzas

151 posts

Posted by zzas > 2015-08-17 11:37 | Report Abuse

buy magni, think Nike! what a brand..who can challenge? just like cocacola brand!

Probability

14,490 posts

Posted by Probability > 2015-08-17 20:13 | Report Abuse

Closed Deal taking place

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-18 06:50 | Report Abuse

Magni appeared in theedge today..undiscovered undervalued gem

yfchong

5,848 posts

Posted by yfchong > 2015-08-18 08:28 | Report Abuse

sure then ok lah.......,

Probability

14,490 posts

Posted by Probability > 2015-08-18 17:15 | Report Abuse

what was the news Rosmah..I don't subscribe edge..
can copy paste here?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-18 17:43 | Report Abuse

Dear Probability, kindly scroll down till page 11

http://ded.theedgemarkets.com/Daily/2015/DEDsetia/DEDsetia_20150818nrm7cr.pdf

Probability

14,490 posts

Posted by Probability > 2015-08-18 17:59 | Report Abuse

Thanks Rosmah!

chshzhd

1,908 posts

Posted by chshzhd > 2015-08-18 21:21 | Report Abuse

thanks!

whack

42 posts

Posted by whack > 2015-08-18 21:41 | Report Abuse

Thanks man

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-19 00:06 | Report Abuse

no problem, sharing is caring..... But im happy to see that Magni has large amount of cash in its reserve, i hope the coming results will be good!

funitec

639 posts

Posted by funitec > 2015-08-20 00:01 | Report Abuse

also got sweets; dividend paying.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-21 22:24 | Report Abuse

I am confident Magni will give bonus this August

Posted by Kitty Kitty > 2015-08-21 22:43 | Report Abuse

will perform well in report next month

chshzhd

1,908 posts

Posted by chshzhd > 2015-08-22 10:09 | Report Abuse

發Rosmah:)

Posted by nicholas1184 > 2015-08-24 15:40 | Report Abuse

magni, be strong

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-26 11:54 | Report Abuse

The next quarterly report be out in Sept middle week, was told that the results are very excellent!

Probability

14,490 posts

Posted by Probability > 2015-08-26 12:01 | Report Abuse

Ohh...I thought it still long way to go for the results..
Time passed so fast!

Rosmah remarks makes sense
considering the simple calculation I showed earlier.

leelc99

871 posts

Posted by leelc99 > 2015-08-26 15:13 | Report Abuse

Rosmah I follow you again, someone just sold and I just entered! I will follow you~ (singing the song)

Wowalk

110 posts

Posted by Wowalk > 2015-08-27 08:30 | Report Abuse

Rosmah, how true is the source? VT sold a lot before this!

zzas

151 posts

Posted by zzas > 2015-08-27 10:57 | Report Abuse

magni going to post flying quarter result n accumulated cash will increased further. special div or bonus possible.

yapie

301 posts

Posted by yapie > 2015-08-27 11:04 | Report Abuse

Lol if give bonus this counter will go crazy like SAM....

Probability

14,490 posts

Posted by Probability > 2015-08-27 17:24 | Report Abuse

Pg 77 of the audited reports indicates the gain by USD strengthening against RM by 10%.

(a) within the last year changes were 30%. That means = RM 5M x 3 = RM 15M
but perhaps some of these already been reflected on the last 2 qtr results.

(b) For predicting the next quarter, we see a gain of 15% within last 3 or 4 months.
That's like RM 5M x 1.5 = 7.5M per annum = ~ 2M per quarter rise.

Guess RM 2M profit rise per quarter is conservative...as the raw materials are purchased first before getting sold...and that may have a retention period of more than 3 months.

So...its gonna be interesting..

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-27 19:55 | Report Abuse

I am very confident with Magni performance this September

leelc99

871 posts

Posted by leelc99 > 2015-08-27 20:12 | Report Abuse

Just added few more shares into my portfolio! Confident of you being confident in Magni this coming QR!

chshzhd

1,908 posts

Posted by chshzhd > 2015-08-27 21:41 | Report Abuse

confident

saschl

310 posts

Posted by saschl > 2015-08-27 22:07 | Report Abuse

Hi, which one better, this one or KESM? Thanks

ccs999

674 posts

Posted by ccs999 > 2015-08-27 22:18 | Report Abuse

both of kesm and magni are excellent, personally will prefer Magni or else pls split ur fund into 2. TQ.

saschl

310 posts

Posted by saschl > 2015-08-27 22:27 | Report Abuse

ccs999 thank you for your advice, good night, have a fruitful last trading day of August and Zhong Yuan festival.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-28 10:37 | Report Abuse

today green day for Magni......really beautiful girl

林俊松

6,929 posts

Posted by 林俊松 > 2015-08-28 10:53 | Report Abuse

I just buy at RM4.06, am I too late to join RosmahMansur?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-28 11:03 | Report Abuse

Nothing is too late in life, as long as u willing to make changes and have confidence

leelc99

871 posts

Posted by leelc99 > 2015-08-28 11:47 | Report Abuse

Its ok Mr. Lim, it is still at a discounted price.

chonghai

480 posts

Posted by chonghai > 2015-08-28 13:40 | Report Abuse

MAGNI better. MAGNI is selling to NIKE. NIKE will do well regardless of economic situation. KESM earning not as stable as MAGNI .
Prolexus is better, but at current price too expensive if compared to MAGNI.

林俊松

6,929 posts

Posted by 林俊松 > 2015-08-28 18:12 | Report Abuse

Thanks leelc99.
Yeah, I choose to invest in Magni because the company business is growing & fundamental is good.
I today also buy in KimHin instead of KESM because KimHin has a lower pe ratio.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-08-28 23:40 | Report Abuse

Good insight mr Lim! I also had bought into KimHin Monday at 1.60....now riding on profits.

spear

316 posts

Posted by spear > 2015-09-01 18:31 | Report Abuse

Fitch warns that they might revise the credit rating, as ringgit has been weakening, falling forex reserve, shrinking acc surplus

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-01 19:11 | Report Abuse

off market transaction of 2.55 million shares transacted Aug 29th....something fishy

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-01 22:48 | Report Abuse

:):)

spear

316 posts

Posted by spear > 2015-09-02 13:36 | Report Abuse

selling below market price, likely that some one is selling to him rather than he is buying himself. whatever it is, the macro economy is not doing well nowadays, better be careful and reduce exposure to market.. keep more cash.. this kind of market situation even good stock also hard to perform. people are protecting their capital against systemic risk

spear

316 posts

Posted by spear > 2015-09-02 13:39 | Report Abuse

generally, the KLCI is still not out of down trend yet, the support for magni is 3.78. will have to trade carefully, would sell some at this level to collect back at lower price..

leelc99

871 posts

Posted by leelc99 > 2015-09-02 14:08 | Report Abuse

I sold all at this level. Wanting to collect back at lower prices too. Question is, will it go lower? :) :(

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-02 17:21 | Report Abuse

for me,support is at 3.80 and potential to 4.80 looks very soon!

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-02 18:18 | Report Abuse

The best support now is RM 4.00, even today is bad market but the lowest was just rm 4.13. Reasons? sweets coming....

林俊松

6,929 posts

Posted by 林俊松 > 2015-09-02 18:25 | Report Abuse

Today I top up more at RM4.15, as VS & SAM 50 cents eps companies all above RM5.
No way Magni trading below RM4, I'm confidence Magni should be able to trade above RM6 by end of this year.
Any1 plan to attend Magni agm in Penang? I wish to attend too.

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