Magni is relatively in a better position to reap the benefits of : - Weak MYR vs USD - TPPA implementation - Yuan weakening - investments in Vietnam with a cheaper labour cost vs Msia
Prolexus has just about to make baby foot in Vietnam.
Tell me, which is more value for money investment? Prolexus or MAgni? u decide.
RM: Anything else except from those general market POV(cheap labour, tppa, currency strength, basically this is a old nanny story that repeated in many export counters)? how's this company financial strength? is it strong? how do you tell it is strong? how strong it is? What's its strength compared to other export counters? I could find many counters that fulfill those criteria, as a good investor, mind to tell me more why Magni but not others?
Is the comment below is what you aware of(the good/upsides of Magni)??? Saw you comment many at Latitud as well, so how do you compare these two? which is better? Hope you don't mind to share more with us? i believe you must be studying a lot in Magni that's why you are so confident on her like what i am :)
Magni is relatively in a better position to reap the benefits of : - Weak MYR vs USD - TPPA implementation - Yuan weakening - investments in Vietnam with a cheaper labour cost vs Msia
Prolexus has just about to make baby foot in Vietnam.
Tell me, which is more value for money investment? Prolexus or MAgni? u decide.
I don't see any reason why quarter result for Magni will not be good. Look at Nike share price for the previous few months, look at US dollar strength for the previous few months...Most of the export counter earned a lot, and Magni is one of them. This share will fly up high pretty soon :)
Magni truly never disappoint. Record results. Current eps total for 2Q amount to approx 34 sens. Taking a forward annualised earnings for 4Q amounts to 68 sens. At PE 10x, the FV is RM6.80. To take a more conservative stance, apply a 20% discount, the FV should be approx RM5.40. Short term TP RM 5.40. There is another 8 sens dividend declared plus it's forex translation will continue to improve profit margin.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Xu Yu Fu
203 posts
Posted by Xu Yu Fu > 2015-12-10 15:22 | Report Abuse
Haha kingfatt nice joke!!!