MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.54

Today's Change

+0.03 (1.20%)

Day's Change

2.50 - 2.54

Trading Volume

201,400


7 people like this.

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

CCCL

621 posts

Posted by CCCL > 2015-09-10 21:26 | Report Abuse

go back to all his good counter you will know why?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-10 21:57 | Report Abuse

Best stock i ever had!

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-10 23:40 | Report Abuse

actually nobody knows why a substantial shareholder sell his shares..so we better focus on the fundamental instead of guessing..

tc88

573 posts

Posted by tc88 > 2015-09-10 23:51 | Report Abuse

Vt in con king....still dare buy?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-11 00:17 | Report Abuse

VT does not own Magni. Why afraid? The more he sells Magni, the higher the price goes. Conclusion?

chl1989

2,552 posts

Posted by chl1989 > 2015-09-11 08:36 | Report Abuse

Mr Lim, i did not subscribe mr otb's service. But based on the most conservative "earning power value" model (assuming no growth), the intrinsic value is about RM5.3.
Perhaps we can ask sifu otb himself? :)

yfchong

5,877 posts

Posted by yfchong > 2015-09-11 08:37 | Report Abuse

No growth PE = 8...,

Posted by CrossSymbol > 2015-09-11 09:22 | Report Abuse

Where is the pathetic bear? Look at your so called 4.25? Oops.

Posted by warrantKing > 2015-09-11 09:31 | Report Abuse

CrossSymbol , dun say like that. He bought at 4.7 , infact today turn green , congrat to bear for holding this gem !

Shawnie

245 posts

Posted by Shawnie > 2015-09-11 09:44 | Report Abuse

warranking, i think he buy high sell low...lol....he is gone now so he might not holding any..

chl1989

2,552 posts

Posted by chl1989 > 2015-09-11 10:31 | Report Abuse

Rosmahmansur, mind to share how you derived your iv of rm7? What kind of model you are using? Dcf? Absolute pe? Tq

Shawnie

245 posts

Posted by Shawnie > 2015-09-11 11:11 | Report Abuse

chl, i believe if add in next Q EPS should be around 60 cent. with PE12, should be 7.2. Peer PE with prlexus of 12.

zzas

151 posts

Posted by zzas > 2015-09-11 11:34 | Report Abuse

buy now before it fly above rm5! very under value, big buyer accumulating, rerating expected.

tc88

573 posts

Posted by tc88 > 2015-09-11 11:51 | Report Abuse

Vt started to sell high and buy back at lower price....who can beat him? He gt more than 20% in magni.

K.H

295 posts

Posted by K.H > 2015-09-11 13:21 | Report Abuse

Share issues only 108+million.

leekh5555

545 posts

Posted by leekh5555 > 2015-09-11 13:38 | Report Abuse

free float less than 20%

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-11 13:50 | Report Abuse

keeeep...

yfchong

5,877 posts

Posted by yfchong > 2015-09-11 14:43 | Report Abuse

no need to do any thing just keep...,it will be rewarded.....,

Posted by BearbearDDD > 2015-09-11 15:36 | Report Abuse

Big shark selling
Run!

Posted by CrossSymbol > 2015-09-11 15:58 | Report Abuse

Haha! Every time those big shark selling after a very short while then it will shoot up. You may refer to last Q after the report came out then VT started selling and it drop but it will always shoot back up and break the previous high every single time after a minor correction.

Posted by BearbearDDD > 2015-09-11 15:58 | Report Abuse

4.00 only can buy
Sell now

Posted by BearbearDDD > 2015-09-11 15:59 | Report Abuse

VT selling non stop
Ready to catch falling knife

Probability

14,496 posts

Posted by Probability > 2015-09-11 16:12 | Report Abuse

Crosssymbol...don't leak all these infos la

Posted by CrossSymbol > 2015-09-11 20:02 | Report Abuse

Actually I myself also just top up a little bit today. Haha

Probability

14,496 posts

Posted by Probability > 2015-09-11 21:35 | Report Abuse

perhaps Monday it may dip a little further..

but considering the bonus issue
the increasing Top line
(my opinion to capture market share,
its a compromised margin - instead of the simple term 'increase in operating cost' mentioned in report)
and the yet to be reflected USD-RM exchange gains..

its very safe

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-11 23:03 | Report Abuse

Why panic?

Posted by BearbearDDD > 2015-09-12 01:43 | Report Abuse

CSI 300, CSI 500 Index Futures Volumes Fall 99%

Loss of liquidity may hamper efforts to lure institutions
Hedge funds among biggest losers from new trading curbs

Posted by warrantKing > 2015-09-12 10:29 | Report Abuse

No worry , i believe every uptrend comes complimentary with price adjustment. It is normal condition as long as it does not drop to 4.39 , the closing share price of quarter report announcement day.

Posted by warrantKing > 2015-09-12 12:39 | Report Abuse

Dear all ,my new started blog , please have a view , and do give some comment. TQVM
http://warrant-king.blogspot.my/

Probability

14,496 posts

Posted by Probability > 2015-09-12 12:56 | Report Abuse

warrantKing....good initiative there :)
It will be better if its in English...

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-13 17:09 | Report Abuse

Magni, the cheapest garment stock in Bursa!

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-14 08:43 | Report Abuse

buy magni, no panic.

TPS2015

1 posts

Posted by TPS2015 > 2015-09-14 11:50 | Report Abuse

I sold at RM4 last month!

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-14 18:15 | Report Abuse

Pls attend Magni AGM Oct 23RD Friday at Berjaya Hotel, Penang

HuatRex

2,617 posts

Posted by HuatRex > 2015-09-15 12:16 | Report Abuse

Sell down.

Posted by BearbearDDD > 2015-09-15 13:34 | Report Abuse

Tp 4.00

Posted by BearbearDDD > 2015-09-15 13:35 | Report Abuse

Just buy 4.7
Now 4.5
Sell call
Tp 4.00 in short term

tankle

4 posts

Posted by tankle > 2015-09-15 15:09 | Report Abuse

this quater din announce dividend?

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-15 17:43 | Report Abuse

div as usual will ex in oct(10sen)
4.45 very good entry point for those who missed this good counter..

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-15 17:45 | Report Abuse

at least will reach 5.30 by December.

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-15 17:46 | Report Abuse

this is a counter i feel very confident.

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-15 17:49 | Report Abuse

..or at least 3.50 after bonus issue...

Posted by BearbearDDD > 2015-09-15 18:00 | Report Abuse

Today buy tomorrow drop
Won't buy again

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-15 18:05 | Report Abuse

bearbear buy again n again??:)))

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-15 20:30 | Report Abuse

typo : dividend

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-15 20:52 | Report Abuse

dividend 10sen already announced last quarter, and usually will ex n pay out next month.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-09-15 20:54 | Report Abuse

Just read back, the 10sen dividend will only be approved in AGM Oct 23rd, ex and payment dates still unknown.

chshzhd

1,908 posts

Posted by chshzhd > 2015-09-15 21:51 | Report Abuse

bursa approved the bonus issue today, quite fast!

Posted by warrantKing > 2015-09-16 00:39 | Report Abuse

Dear Probability, thank you for your encouragement. Herewith my second article , http://warrant-king.blogspot.my/ , although is quite slow , but i believe consistency is much more important than frequency.
Also , my English is quite poor , and might not able to express my idea well. Thus i choose to write in Chinese.

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