MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.43

Today's Change

-0.01 (0.41%)

Day's Change

2.42 - 2.45

Trading Volume

92,900


7 people like this.

5,237 comment(s). Last comment by Supernoob 1 month ago

Eric Lim

41 posts

Posted by Eric Lim > 2015-10-07 10:13 | Report Abuse

will rebuy @ 5.30

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-07 11:03 | Report Abuse

5.54 now....hope can sustain above 5.60 today

Posted by Pol Boon Tat > 2015-10-07 11:03 | Report Abuse

Finally warm up!

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-07 11:05 | Report Abuse

5.56 now

leelc99

871 posts

Posted by leelc99 > 2015-10-07 11:11 | Report Abuse

Bought back a small volume at lower price yesterday. Huat huattt!

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-07 11:12 | Report Abuse

Had u submitted yr proxy form to attend the AGM?

Posted by Pol Boon Tat > 2015-10-07 11:31 | Report Abuse

5.59 Huat ahhhh

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-07 11:33 | Report Abuse

5.61

zzas

151 posts

Posted by zzas > 2015-10-07 11:50 | Report Abuse

nice one magni, rest for a few days before next fly to rm6.50! feel good factor for agm.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-07 11:59 | Report Abuse

Hope the rise can be sustained till closing today

valuelurker

1,133 posts

Posted by valuelurker > 2015-10-07 15:19 | Report Abuse

Hope sounds defeatist

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-07 17:04 | Report Abuse

close at 5.60 today...not too bad.

HuatRex

2,617 posts

Posted by HuatRex > 2015-10-08 00:16 | Report Abuse

Rosmah, global oil price and RM recovering, how will these impact Magni?

chshzhd

1,908 posts

Posted by chshzhd > 2015-10-08 07:31 | Report Abuse

if only rm come back to above 3.80...

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-08 12:54 | Report Abuse

5.62 today...go go go Magni

chshzhd

1,908 posts

Posted by chshzhd > 2015-10-08 13:59 | Report Abuse

see whether got consolidation..in 1-2 weeks..

leekh5555

545 posts

Posted by leekh5555 > 2015-10-09 15:05 | Report Abuse

sold..

Eric Lim

41 posts

Posted by Eric Lim > 2015-10-09 15:14 | Report Abuse

im quing @ 5,30

leekh5555

545 posts

Posted by leekh5555 > 2015-10-09 15:17 | Report Abuse

better run first, buy back next week..

leelc99

871 posts

Posted by leelc99 > 2015-10-09 15:20 | Report Abuse

Price drop stuck at 5.39. 5.30 too low...

zzas

151 posts

Posted by zzas > 2015-10-09 15:25 | Report Abuse

price consolidated because rm very strong up,...good opportunity to add more in this stock.

leelc99

871 posts

Posted by leelc99 > 2015-10-09 15:25 | Report Abuse

I think weak holders sold off all of their shares, now next sell q is back at RM5.55

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-09 16:06 | Report Abuse

MYR too strong today, as a result all export oriented stocks are sold heavily.

leelc99

871 posts

Posted by leelc99 > 2015-10-09 16:24 | Report Abuse

MYR strong today does not really affect the upcoming QR, does it? As for the past few months MYR was weak.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-09 16:29 | Report Abuse

Yes i agree with u, this is just knee jerk reaction and psychological play.
Also bear in mind that Magni had risen sharply for 2 weeks. This is healthy consolidation from the highest of 5.70 til current level 5.41. Also bear in mind the NTA is RM 2.66, Which current P/ B ratio is about 2.03x...kinda expensive

leelc99

871 posts

Posted by leelc99 > 2015-10-09 16:43 | Report Abuse

In your opinion, if NTA is RM2.66, in what range is it deemed not expensive/fairly valuated? 1.0x? 1.5x?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-09 16:46 | Report Abuse

The fair value for a stock is about 1.5x.

leelc99

871 posts

Posted by leelc99 > 2015-10-09 16:52 | Report Abuse

I see. Thanks :)

leekh5555

545 posts

Posted by leekh5555 > 2015-10-09 16:54 | Report Abuse

RM2.66 x 1.5= RM3.99?

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-09 17:23 | Report Abuse

Yes , but the IV for Magni RM 7.35. I would be happy if the stock can reach rm 6.00 before it ex bonus.

leelc99

871 posts

Posted by leelc99 > 2015-10-09 17:31 | Report Abuse

Means we should have sai lang when it was around RM4.00.

leekh5555

545 posts

Posted by leekh5555 > 2015-10-09 17:49 | Report Abuse

when will be the ex date for bonus issue?
div ex is on 5 nov

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2015-10-09 20:12 | Report Abuse

The ex date for bonus will only be known after the AGM Oct 23.

paperplane2

3,235 posts

Posted by paperplane2 > 2015-10-10 00:56 | Report Abuse

Will not reach there. Strong competition from Taiwan!

Posted by miss_secret > 2015-10-12 10:02 | Report Abuse

oh my god......

chshzhd

1,908 posts

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

healthy consolidation...

chshzhd

1,908 posts

Posted by chshzhd > 2015-10-12 10:30 | Report Abuse

may be cup n handle again then...

Posted by miss_secret > 2015-10-12 10:30 | Report Abuse

I want top up actually,but accidently I click sell .. kanasai!!

duncan2

235 posts

Posted by duncan2 > 2015-10-12 10:35 | Report Abuse

haha.....I am also topping up today..

Eric Lim

41 posts

Posted by Eric Lim > 2015-10-12 10:48 | Report Abuse

all in ardy

Posted by HellowKiety > 2015-10-12 11:02 | Report Abuse

sell all

leekh5555

545 posts

Posted by leekh5555 > 2015-10-12 11:16 | Report Abuse

run

Posted by miss_secret > 2015-10-12 11:20 | Report Abuse

run where? top up la!

Posted by avex546322 > 2015-10-12 11:23 | Report Abuse

finally drop a bit, quickly go top up

leekh5555

545 posts

Posted by leekh5555 > 2015-10-12 11:26 | Report Abuse

run to SAM. IF magni further drop buy back.

chshzhd

1,908 posts

Posted by chshzhd > 2015-10-12 12:05 | Report Abuse

buy again...

zzas

151 posts

Posted by zzas > 2015-10-12 17:46 | Report Abuse

opportunity to top up finally come!

upup888

12 posts

Posted by upup888 > 2015-10-12 23:24 | Report Abuse

magni up up and away~~

gnail

343 posts

Posted by gnail > 2015-10-13 10:46 | Report Abuse

cannot up too fast , must come down a bit, if not kena uma

Jeff Lee

327 posts

Posted by Jeff Lee > 2015-10-13 13:37 | Report Abuse

magni rebound fast!

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