Posted by tradeview > 2015-12-28 14:14 | Report Abuse

I agree with CKlim and Rosmah. My own TP for Magni is RM5.40. Not a recommendation. Just highlightingto share. http://klse.i3investor.com/blogs/tradeview/88634.jsp

Posted by chshzhd > 2015-12-28 14:57 | Report Abuse

5.xx fair value

Posted by Shachold Lim > 2015-12-29 07:45 | Report Abuse

I bot magni earlier before bonus share around RM3. Earned a bit & sold... regretted until now as not really know the value of Magni. After study more & get to know more about Magni, my advice ll b hold it... & Hold it! The price is still reasonable to collect more!

Posted by jackyclong > 2015-12-29 09:18 | Report Abuse

my paper gain already over 100%

Posted by mamatede > 2015-12-29 11:04 | Report Abuse

with all the festive season coming.. this will test 4.8 very soon

Posted by nakata > 2015-12-30 21:18 | Report Abuse

The price shoot up quite, hoping for retract for entry :)

Posted by leelc99 > 2015-12-30 23:37 | Report Abuse

Might stay at this level as QR's result has been added into acc.

Posted by jay111 > 2015-12-31 15:36 | Report Abuse

Must follow Nike step,still cheap to buy.hv dividen and growth

Posted by noobnnew > 2015-12-31 15:38 | Report Abuse

Why ppl like Magni instead of Prolexus? Both also do Nike business

Posted by jay111 > 2015-12-31 19:10 | Report Abuse

Magni revenue more than double prolexus roe24 high than prolexus

Posted by RosmahMansur > 2016-01-04 18:03 | Report Abuse

huat huat stock

Posted by jackyclong > 2016-01-05 23:35 | Report Abuse

Magni magni magni, currenty 100% paper gain not enough for me...i wan more than that...move fast

Posted by rosmahmansur > 2016-01-06 02:52 | Report Abuse

IV for Magni RM 5.83. There are more upsides for this stock in view. Pls buy for long term growth. The coming quarterly results is expected to be very good.

Posted by gnail > 2016-01-06 08:59 | Report Abuse

huat huat stock +1

Posted by leelc99 > 2016-01-06 11:40 | Report Abuse

Rally HUating counter! Enter the HUating year 2016!!

Posted by rosmahmansur > 2016-01-06 19:37 | Report Abuse

Good good i am so so happy

Posted by tonylim > 2016-01-10 09:10 | Report Abuse

I am in rosmah
Can't get a company with 69 sen eps at this price

There is one area I like to share here. They did some investments in ber jaya sampo. Any body here can give some clues if investment is by way of interest bearing or as equity.

Sampo is a registered shareholder of aji holding 2+ %

Posted by RosmahMansur > 2016-01-11 19:26 | Report Abuse

I dont understand yr question tonylim.

Posted by K.H > 2016-01-11 23:04 | Report Abuse

BCorp continues to sell stake in Magni-Tech
http://www.thestar.com.my/business/business-news/2016/01/11/bcorp-continues-to-sell-stake-in-magni-tech/

Posted by CCCL > 2016-01-11 23:10 | Report Abuse

VT need cash. Now PNB join the banwagon.. Huat aaaaaaaaaaaaaaaaar!!!

Posted by CCCL > 2016-01-11 23:15 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4972729

Posted by Piggybank > 2016-01-12 08:31 | Report Abuse

WOW. PNB the largest fund in town buys into Magnitech! Huat ah!!

Posted by soonice > 2016-01-12 17:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4973249

Posted by soonice > 2016-01-12 17:35 | Report Abuse

alamak ..................banyak tiucket buang ...........sad

Posted by soonice > 2016-01-12 17:39 | Report Abuse

BCorp continues to sell stake in Magni-Tech

Posted by HuatRex > 2016-01-12 18:15 | Report Abuse

No need to worry. The company fundamental remained strong

Posted by shield > 2016-01-12 18:46 | Report Abuse

PNB buying is a good news.

Posted by bluelight > 2016-01-12 18:57 | Report Abuse

Can provide link PNB buying?

Posted by lotusf1 > 2016-01-12 19:03 | Report Abuse

this is typical of Tan Seri...Vincent..when he sold BJa shares via private placement of BJA .. i believe Tan seri needs injection of capital becoz his gaming ,motor income incomes has dropped about 22% See story below..


Berjaya Corp Bhd (BCorp) recorded earnings of RM122.26mil for the second quarter ended Oct 31, 2015, a 20.1% drop from last year’s corresponding period due to lower profit contributions from its toto betting and motor distribution operations.

The decline in pre-tax profit was more drastic, with a fall of 32.5% to RM288.94mil on the back of 12.4% lower revenue of RM2.26bil.

The diversified group, with the biggest profit contributors being gaming (Sports Toto Malaysia) and the consumer product business (Cosway and others), attributed the contraction to the full effect of the deconsolidation of Mazda motor vehicle distributor Berjaya Auto Bhd (effective Dec 1, 2014) and Sports Toto’s lower profit contribution.

BCorp’s unit Berjaya Group Bhd reduced its stake in BAuto in November last year from 44.16% to 36.74% through a placement for RM192mil. Between May and November last year, Berjaya Group placed out shares amounting to a 30.46% stake in BAuto.

Future of magnitech ..shaky ..? with this sales..

Posted by Ahbeng11 > 2016-01-12 19:04 | Report Abuse

Thia is news from the edge yeterday. 11 jan. Vincent sold off some percentage to pnb.

Posted by RosmahMansur > 2016-01-12 20:05 | Report Abuse

Dont bother abt Vincent Tan. Most importantly Tan Sri Tan Kok Ping is still holding his shares.

Posted by 爱丽丝 梦幻世界 > 2016-01-12 20:18 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4972729

Posted by Probability > 2016-01-12 21:24 | Report Abuse

interesting development..

Posted by leelc99 > 2016-01-12 21:32 | Report Abuse

Vincent Tan says bye to Magni, we hold. :D

Posted by HuatRex > 2016-01-12 21:46 | Report Abuse

Rosmah, why didn't you select Magni in your 2016 stock pick competition

Posted by RosmahMansur > 2016-01-12 22:38 | Report Abuse

I am still holding Magni in my current real portfolio.

The 2016 stock pick is to enhance my skills in stock picking therefore i am trying something different from my real portfolio.

Posted by soonice > 2016-01-13 15:00 | Report Abuse

gogogogogog nolid break .......................

Posted by GreatSTOCK > 2016-01-13 16:40 | Report Abuse

VT hates our MAGNI. Luckily his stake has been placed out to funds.
If he sells them in the open market, MAGNI will turn to a mini.
Is VT 's last block to be sold out soon ?

Posted by RosmahMansur > 2016-01-13 17:36 | Report Abuse

Dont bother abt VT. It will be better if the company without VT. FYI, VT is just a business partner with Magni, nothing connection btw Tan Sri TKP and VT.

Posted by HuatRex > 2016-01-13 18:05 | Report Abuse

Agree with u rosmah

Posted by jay111 > 2016-01-13 18:52 | Report Abuse

pnb buy now,next qr result sure good

Posted by HuatRex > 2016-01-13 19:53 | Report Abuse

Yes, expecting it to cross RM5. :)

Posted by RosmahMansur > 2016-01-14 06:54 | Report Abuse

Even big fund managers like PNB are restructuring their portfolios from the traditional index blue chips to export oriented ones eg Magni. Soon they will buy in Latitude KESM FLBhd or Chinwell which are making better profits vs previous years. This is very evident.

Also, PNB directly deals with VT and not thru open market. Any reason?

Posted by GreatSTOCK > 2016-01-14 10:36 | Report Abuse

THX RosmahMansur,
Confirmed, the giant fund PNB in 1 gulp walloped 7.4% stake in MAGNI from VT who is hard up for cash.
PNB bought MAGNI at around yesterday's price.
MAGNI's Future must be bright n wide open ...

Posted by TeddyRiley > 2016-01-14 15:46 | Report Abuse

don't you guys think that this counter is already overpriced? P/B is already at 2.47 PE 10.37. price has gone up so much.

Any push factor for this counter? cause I'm quite optimistic about its underlying business.

Posted by shinado > 2016-01-14 16:23 | Report Abuse

For PE 10.37 I don't think it's overpriced. Anything from PE 10-12 can be considered fair value. Alternatively you can also EV/EBIT to determine if it's overpriced or not.

Posted by shinado > 2016-01-14 16:24 | Report Abuse

But I think it's better to compare with peers & industry average to determine if it is overvalued.

Posted by shield > 2016-01-14 18:35 | Report Abuse

those scare to hold can sell.. haha if you dont sell then how i buy cheap...

Posted by RosmahMansur > 2016-01-14 19:31 | Report Abuse

PNB now is holding 14% stake of Magni at average price RM 3.83 per piece. Which means that, that price will be the cushion level for Magni for the time being.

I am sure that any effort of a substantial share holder with Government linked holding a big piece in a small cap stock will have a very positive impact on the company. It means that the PNB is having high expectations and had fulfilled its investment requirements.

I am very certain and confident with Tan Sri TKP reassurance towards me during Magni AGM in OCt 2015 that this stock will continue to reward its shareholders in years to come.

Posted by CCCL > 2016-01-14 20:02 | Report Abuse

Hopefully not like SP Setia. Want to take full control from the original owner after over a period of time.