Posted by 林俊松 > 2015-09-09 18:35 | Report Abuse

Why no dividend yet?
Usually they will give announce on September.

Posted by mooi > 2015-09-09 19:12 | Report Abuse

Bonus issue mean I will get 1 additional shares for every 2 shares I own? Automatically given?

Posted by warrantKing > 2015-09-09 19:17 | Report Abuse

Mooi , basically u are right , but it does not make much different.
Eg if u own 2000 shares at RM3 , bonus issue 1:2 , u will get 3000 share , but the price becomes RM2. It is like RM3 x 2000 = RM6000 , and RM2 x 3000 = RM6000.
But what we focus is on its EPS (52sens) , which make this share trade at PE= 8.4 .

Posted by chshzhd > 2015-09-09 20:13 | Report Abuse

beautiful girl!

Posted by Probability > 2015-09-09 20:20 | Report Abuse

Magni is becoming a killer...
guess that's why they say...illiquid stocks can be extremely good investment

Posted by yfchong > 2015-09-09 21:07 | Report Abuse

Wow propose bonus issue

Posted by Flintstones > 2015-09-09 21:26 | Report Abuse

This Magni is going to explode. With RM 100m in the bank, Magni is the cheapest stock in Bursa Malaysia. And look at its free cash flow, it is a money printer in disguise. I wonder why kc chong has not updated his views on Magni. We have an undervalued share that is gaining momentum. Magni may be the greatest performer for the remaining months of 2015. Some investors may be sceptical about its future profitability that is highly tied to Ringgit. But one thing I learn from history is a big currency move like that will not rebound in a matter of months. Ringgit may stay low for at least 2 to 3 years and this basically guarantees Magni's future profitability.

Now, somebody please tell me. A company that is growing steadily and backed by RM 100m cash trades at a PE of 8? Are you freaking kidding me? This is going to be the trade of the decade. I am selling my house in TTDI to load up on Magni.

Posted by Ooi Teik Bee > 2015-09-09 22:31 |

Post removed.Why?

Posted by zzas > 2015-09-09 22:32 | Report Abuse

good result and good cash inflow. total cash rm100m compare to last q rm69m.its a rm7 counter, rerating expected soon.

Posted by 林俊松 > 2015-09-09 23:04 | Report Abuse

Mr Ooi, what is ur new tp for Magni?

Posted by chshzhd > 2015-09-09 23:56 | Report Abuse

Wow

Posted by tc88 > 2015-09-10 00:03 | Report Abuse

Profit drop 39 percent qoq due to higher operating expenses.....please read carefully......Don't get trapped 2moro....,Besides, magni up almost weeks already.. C

Posted by RosmahMansur > 2015-09-10 01:48 | Report Abuse

At least im guaranteed a bonus share with an increased TP of RM 7.21

Posted by yfchong > 2015-09-10 06:03 | Report Abuse

No problem get TP 6.0 I also ok......, I am happi

Posted by mooi > 2015-09-10 08:25 | Report Abuse

Thanks warrantking for your illustration =)

Posted by mooi > 2015-09-10 08:28 | Report Abuse

Warrantking, the entitlement date is 07/09/2015?

Posted by warrantKing > 2015-09-10 08:49 | Report Abuse

To Mooi: nope , need an EGM to approve the above proposal . Soon they will declare the entitlement date.
To :tc88 , i am not sure why PBT drop , maybe they need to import smtg with USD also ? It is something like u import with RM10, manufact , and sell RM15 previously , and now import RM14 and sell RM22 ??
As long as Profit after tax increase , this mean the balance of cash is still healthy ??

Posted by shawnie > 2015-09-10 08:56 | Report Abuse

Vietnam has been increaseing their minimum wages to improve their living standards, that could be the reason of rise in the operating cost.in Q report, it mentioned garment sector was greatly affected by the labour cost.

Posted by warrantKing > 2015-09-10 09:00 | Report Abuse

TQ shawnie for ur info.
But this report is for USD at range of 3.6-3.8 right ?
Next quater we got USD= 3.8-4.3 , and i believe it would be even better?

Posted by chshzhd > 2015-09-10 09:40 | Report Abuse

PBT where got decrease 39%?should be about 7% only..

Posted by yfchong > 2015-09-10 09:56 | Report Abuse

NM for this Q maintain around 8% not too bad, with increase in revenue..,

Posted by RosmahMansur > 2015-09-10 09:57 | Report Abuse

today very nice performance by Magni......really pretty

Posted by BearbearDDD > 2015-09-10 09:58 | Report Abuse

bought at 4.7
shit

Posted by RosmahMansur > 2015-09-10 09:59 | Report Abuse

Magni, the cheapest garment stock in Bursa Malaysia

Posted by BearbearDDD > 2015-09-10 10:00 | Report Abuse

selling non stop

Posted by 林俊松 > 2015-09-10 10:03 | Report Abuse

Taken profit at RM4.70, waiting to buy at lower price.
chshzhd, why PBT drop, what vietnam cost? I saw the result all up.
I can't find the information in company announcement, where u get it?

Posted by BearbearDDD > 2015-09-10 10:04 | Report Abuse

go back to 4.3 soon
Run!!

Posted by BearbearDDD > 2015-09-10 10:13 | Report Abuse

Just bought at 4.7
now 4.55
Won't buy again

Posted by BearbearDDD > 2015-09-10 10:14 | Report Abuse

Only buy back if drop to 4.00

Posted by BearbearDDD > 2015-09-10 10:15 | Report Abuse

Margin of safety is less than 20%
dangerous bet
Those bought at 4.7 is taking a high risk

Posted by BearbearDDD > 2015-09-10 10:18 | Report Abuse

4.53,
rubbish
pump and dump
volumn also small
Only contra will play this

Posted by Jeff Lee > 2015-09-10 10:21 | Report Abuse

profit before tax drop by 39% is this quarter compared to last quarter. but up 59% compared to preceding quarter.

Operating expenses increase. First, you cannot expect a company every quarter operating expenses stay the same or decrease.

Sometimes, there are some expenses or upgrading coming.

If even say the operating expenses going to stay like this for few quarter, you can see the EPF is 14.53 still. Even with expenses increased.

EPS likely to be 0.60 or even more. Noted that there was a sharp increase in USD vs MYR for the month Jul-Sep'15

And bonus 2 for 1. Will increase liquidity greatly. which has been a weaker for this stock previously.

Look at hevea and vs. Then you know

Posted by BearbearDDD > 2015-09-10 10:26 | Report Abuse

Next quarter will be around QE eps 14-15
TP 6.00 is more than enough for the next quarter
for PER 10
For PER 8 it should be trading at 4.8
For PER 7 it is 4.2

Posted by BearbearDDD > 2015-09-10 10:27 | Report Abuse

Buy only when drop back to 4.00

Posted by chshzhd > 2015-09-10 10:32 | Report Abuse

buy again 4.55:)

Posted by chshzhd > 2015-09-10 10:33 | Report Abuse

no more 4.55 after today!

Posted by chshzhd > 2015-09-10 10:33 | Report Abuse

i trust myself!

Posted by chshzhd > 2015-09-10 10:34 | Report Abuse

huat ah Rosmah!

Posted by RosmahMansur > 2015-09-10 10:34 | Report Abuse

U slowly wait la at 4.00

Posted by chshzhd > 2015-09-10 10:43 | Report Abuse

in this case...patient is not always good:)

Posted by chshzhd > 2015-09-10 10:44 | Report Abuse

i mean waiting at 400:)

Posted by BearbearDDD > 2015-09-10 10:52 | Report Abuse

What if next QE is less than 15?
expect Magni to drop to 4.00!
Also cost of production is rising
PBT drop by 35% is a very bad sign to begin with when USD is strong

Posted by BearbearDDD > 2015-09-10 10:54 | Report Abuse

39%

Posted by yfchong > 2015-09-10 10:58 | Report Abuse

based on generic formula eps 0.53 with NTa 2.66 should work out tp 5. This is my personal assumption only........., only for me..,

Posted by Jeff Lee > 2015-09-10 11:01 | Report Abuse

bear bear DDD: Just go and take the past three quarter for average.

You cannnot based on one quarter.

Posted by miss_secret > 2015-09-10 11:06 | Report Abuse

wow. I bought 4.05 lastime, aiyo , don't knw want take profil or hold. rosmah ,can you give me advice?thanks

Posted by chshzhd > 2015-09-10 11:10 | Report Abuse

cash rich company, stable profit n management for many years...so afraid? haha..:)

Posted by warrantKing > 2015-09-10 11:10 | Report Abuse

Mr Bear , even quater 4 EPS= 0 , now also trade at PE=10 , which is reasonable price. O.O

Trade at your own risk.

Posted by BearbearDDD > 2015-09-10 11:11 | Report Abuse

anyone bought at 4.55
prepare to see 4.25 next
just like today
Just bought at 4.7
now 4.55
Won't buy again
Only contra or insider play this.

Posted by chshzhd > 2015-09-10 11:12 | Report Abuse

eps53 X pe9.5= 5.03 , not yet consider bonus issue as catalyst:)