Posted by lcng123 > 2015-12-22 20:05 | Report Abuse

tradeview, even you are so happy with magni result, but pls do proper calculation before post anything here. don't misleading people.

Posted by jay111 > 2015-12-22 20:15 | Report Abuse

http://harryteo.blogspot.my/2015/12/1181-magni7087-eps-yoy1708.html

Posted by K.H > 2015-12-22 20:23 | Report Abuse

1 USD = RM3.80 before 31/7/15 1 USD = RM3.80, after 31/7/15 continue to 4 above. All export stocks must earn more. Magni Vietnam nike factory, cheap salary.
Prlexus just want to right issues to expand at Vietnam.
All got Vietnam factory like hevea, latitud, pohuat good results. Cheap cheap salary, China, Japan and Taiwan now move to Vietnam.

Posted by leelc99 > 2015-12-22 20:24 | Report Abuse

Huat ahhhhh! Dividend again, so good ah this kaunter!

Posted by K.H > 2015-12-22 20:32 | Report Abuse

Vietnam sees record-high foreign investment from TPP http://www.thestar.com.my/business/business-news/2015/12/08/vietnam-sees-recordhigh-foreign-investment-from-tpp/?style=biz

Posted by jay111 > 2015-12-22 21:29 | Report Abuse

this quarter result is the best ever quarter and also dividen is additional surprises

Posted by hissyu2 > 2015-12-22 22:35 | Report Abuse

time to take profit lo~~

Posted by RosmahMansur > 2015-12-22 22:56 | Report Abuse

Pls buy with IV RM 5.82

Posted by zzas > 2015-12-22 22:58 | Report Abuse

this 2nd q result is fantastic but wait for next q result. it will be even better!! 3rd q result traditionally is the best q for the year because of festive season. looking at its inventories level, increased from 60m to whopping 89m., thats indication of next q will be higher revenue. so hold on to yr magni share.

Posted by red_85 > 2015-12-22 22:59 | Report Abuse

normal report, meet expectation only..not a suprise report...wont fly lar since already fly so much...short term player please dont come in kacau, else price will drop soon as profit taking or panic seller

Posted by jay111 > 2015-12-22 23:08 | Report Abuse

better than expected

Posted by tradeview > 2015-12-22 23:55 | Report Abuse

Thank you for pointing out oxxxyxxx. Lcng123 honest mistake as I the platform information I was looking at did not relect the bonus issue EPS. I am in no interests to mislead anyone. For clarification, the amended calculation. Record results. Current eps total for 2 Quarters amount to approx 22.86 sens. Taking a forward annualised earnings for 4Q amounts to 45.72 sens. At PE 10x, the FV is RM4.57. Taking the peer Prolexus current PE of 11.5x, the FV should be RM5.25. There is another 8 sens dividend declared plus it's forex translation will continue to improve profit margin for forward quarters. Conservative people can choose to apply 10-20% discount to FV for margin of safety. Once more, this is not a recommendation to buy. I dont want people like LCNG123 to accuse me of misleading people. Thanks.

Posted by CCCL > 2015-12-23 07:35 | Report Abuse

:)

Posted by CCCL > 2015-12-23 07:39 | Report Abuse

http://www.cnbc.com/2015/12/22/nike-q2-2016-quarterly-earnings.html

Posted by fayeTan > 2015-12-23 07:44 | Report Abuse

Target Price of RM4.55 reflecting target market cap of RM740m and 162.73m shares. Target market cap of RM740m is based on 10x PE to FY16 forecast earnings of RM74m. Overall, upside of about 9% is expected.

Posted by yongleecheng > 2015-12-23 08:47 | Report Abuse

good comment from here.
http://mercurychong.blogspot.my/

Posted by susheel > 2015-12-23 09:02 | Report Abuse

waaaaaa..... crazy!!!!!!!!!!!!!11

Posted by leelc99 > 2015-12-23 09:02 | Report Abuse

Lol magni, no one wanted this counter few weeks back, now everyone talks about it. Well done.

Posted by yongleecheng > 2015-12-23 09:20 | Report Abuse

RM4.60.WONDERFUL

Posted by Sephy > 2015-12-23 09:24 | Report Abuse

lol. it was so hard to get this counter these few days. but it was worth it :D

Posted by babypost > 2015-12-23 09:28 | Report Abuse

so what is the target price now ?

Posted by HuatRex > 2015-12-23 09:29 | Report Abuse

Juz keep till next qr. No need ask for tp

Posted by babypost > 2015-12-23 09:36 | Report Abuse

oh i see, when is the next quarter? sorry im new , thanks

Posted by fayeTan > 2015-12-23 10:15 | Report Abuse

one quarter means three months...short term Target Price of RM4.55 reached...

Posted by upup888 > 2015-12-23 10:30 | Report Abuse

topup at 4.58, rm6 soon

Posted by Azura11 > 2015-12-23 10:46 | Report Abuse

rosmahmansur, may i know how you usually pick your stocks?

Posted by upup888 > 2015-12-23 11:09 | Report Abuse

we must think positively

Posted by RosmahMansur > 2015-12-23 11:24 | Report Abuse

buy now for forward future growth

Posted by Sephy > 2015-12-23 11:29 | Report Abuse

sell now for current profit.

Posted by HuatRex > 2015-12-23 12:06 | Report Abuse

Short term sight. Pity for u sephy

Posted by RosmahMansur > 2015-12-23 12:54 | Report Abuse

Myopic ppl always have pea brains

Posted by Azura11 > 2015-12-23 13:06 | Report Abuse

ok thanks rosmahmansur ^^ , I also dont agree with sephy, as my calculated intrinsic value is much higher than current valuation.. haha

Posted by Sephy > 2015-12-23 14:31 | Report Abuse

easy gains, easy life.

Posted by gnail > 2015-12-23 14:47 | Report Abuse

huat lar

Posted by mamatede > 2015-12-23 15:44 | Report Abuse

Expect strong next quarter as well..

Posted by HuatRex > 2015-12-23 17:19 | Report Abuse

Plz break 5

Posted by k8118k > 2015-12-23 17:20 | Report Abuse

http://biz.sinchew.com.my/node/128403

（美國‧紐約23日訊）全球最大運動鞋生產商耐吉（Nike）公佈，第二季每股盈利為90美仙，收入為76.9億美元；分析員預期平均值分別為86美仙與78.1億美元。



該公司指出，由2015年12月至2016年4月的訂單量，按年升15%。消息公佈後，耐吉股價在市後時段升2%。

Posted by seanchin > 2015-12-23 17:29 | Report Abuse

i only bought one time 4-Oct-12, RM1.66@14,000. Along the way, i sell the share a few times, today I have RM4.49@17,100. CAGR is 59.14% p.a. I had received RM5587 div. I had earned 68k.

Posted by Azura11 > 2015-12-23 17:42 | Report Abuse

wow, impressive @.@ I also wanna learn from u all, especially rosmahmansur and seanchin :D

Posted by tradeview > 2015-12-23 17:45 | Report Abuse

Well done Seanchin. Power of compounding. Will do a short write up on magni soon.

Posted by huikong > 2015-12-23 22:12 | Report Abuse

Today so many people chase high, better wait and collect at RM4.00. Expect many people enter today cannot hold long term.

Posted by huikong > 2015-12-23 22:44 | Report Abuse

Please don't compared with tguan. Tguan PE quite low if used last two quarter result, and also high NTA. Last quarter Magni also rise first day then drop for few days. See magni closed price much lower than open price. :)

Posted by chshzhd > 2015-12-24 12:35 | Report Abuse

who knows...

Posted by Oldmantea > 2015-12-24 12:50 | Report Abuse

I don't believe one should invest in Magni based on the favorable exchange rate. Rather, think of investing in Nike but at a much cheaper valuation with management that constantly reward its shareholders. Like Rosmah said, hold on to Magni to reap more benefits :)

Posted by Xu Yu Fu > 2015-12-26 12:20 | Report Abuse

Rosmah the great sifu, what TPPA implementation has to do with Magni?

Posted by RosmahMansur > 2015-12-26 17:34 | Report Abuse

Magni has had set foot in Vietnam and Thailand for more than 5 years. Prolexus is just about to set up their manufacturing of materials there. There are many companies that had already established themselves in Vietnam - Magni/ Pohuat/ Latitude/ KimHin/ TanChong/ Ireka/ BerjayaLand had been in the market since 2008 economic crisis. They had survived the turmoil well but not other unlucky companies eg IGB Bhd.

Vietnam is poised to be TPP’s biggest winner. In a 2012 study, compared to a baseline with no TPP—Vietnam’s income gains in 2025 with a
comprehensive TPP would be over 13 percent higher, while its exports in 2025 would be over 37 percent greater. Much of the gains come from Vietnam’s growing production and export of apparel and footwear,5
resulting from the phase out of high duties in TPP partner countries, especially the United States.

But a high-standard TPP—along with Vietnam’s new trade agreement with the European Union—will also require Vietnam to make—and adhere to—major structural adjustments. These will include important steps to enhance transparency and the rule of law, implement new labor and environmental standards, foster digital commerce, and revise the competitive landscape for state-owned enterprises, among other significant changes.

As Vietnam transitions towards a network of new, higher-standard trade agreements, it has an obvious interest in the track record of current comprehensive FTAs.

Vietnam is seeing increased levels of FDI in anticipation of the TPP. History suggests that the new agreement—together with an ongoing commitment by Vietnam to a favorable investment environment—could help assure that this vital investment continues and grows.

Vietnam is already a significant player in advanced economic sectors like electronics. Further increasing the sophistication of production in Vietnam will, of course, require additional investment, growing skills, and an array of other commitments. But, as Mexico’s experience shows, strong trade ties can provide a solid launching pad for an upward trajectory.
As a nation with a vibrant entrepreneurial culture and growing numbers of SMEs,21 Vietnam and its many small firms can benefit significantly from the TPP, which is being negotiated with an unprecedented focus on promoting trade by SMEs.And, because e-commerce is a powerful tool for innovative SMEs, TPP provisions that foster digitally enabled trade could provide key support for Vietnam’s ambitious goal to boost direct exports by SMEs to a quarter of Vietnam’s total exports.

Vietnam’s growing roster of high-standard trade agreements—especially TPP and Vietnam’s new agreement with the EU—could similarly enhance Vietnam’s already strong position as a globally competitive hub for trade, production, and investment.

Reduced import duties in the U.S. and Japan will benefit the country’s apparel manufacturers, whose low labor costs have enabled them to grab business from China. Vietnam may have a 50 percent increase in apparel and footwear exports in 10 years, according to the Eurasia Group. The country’s seafood industry will benefit from the elimination of import taxes on shrimp, squid and tuna, now averaging 6.4 percent-7.2 percent. Vietnam will still face strict rules-of-origin on materials, which could limit some of the treaty’s benefits to the garment and textile industry.

The ending of tariffs for Vietnamese products is likely to trigger more investment from foreign companies

Posted by RosmahMansur > 2015-12-26 18:19 | Report Abuse

the IV for Magni is revised to RM 5.82 based on its latest quarterly results.

Posted by DreamMaharaja > 2015-12-27 03:13 | Report Abuse

ya meh

Posted by lotusf1 > 2015-12-27 08:35 | Report Abuse

The US govt, by the end of 2014 will invoke laws on Generalized System Protection , which means all exports to US,( with the removal GSP umbrella including Malaysia) will be subjected to normal US Tariffs imports- making our exports products or.commodities into US more expensive.
The TPP program when finalized is expected to alleviate this problem as new TPP tax tariff structures , offers reduced taxes of Malaysian products imports. Euroasia in its study report of TPP outcomes has estimated billions of dollars in taxes benefits when we sign TPP.
Magnitech ,gloves exporters and other goods going into US are expected to greatly benefit with TPP.
The Malaysia Federal Manufactures (FMM) has been very positives and very keen in urging Malaysia industries to rally behind the government to sign into TPP agreement.

Posted by cklim13 > 2015-12-27 13:15 | Report Abuse

Olympic 2016 coming. Nike big sponsor of Olympic. Hopefully more order for magni