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

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2016-01-14 20:08 | Report Abuse

Hmmm unlikely la becoz Tan Sri TKP is a smart guy.

CCCL

621 posts

Posted by CCCL > 2016-01-14 20:19 | Report Abuse

Tan Sri Liew also smart. Anyhow to early... Cheers!

tonylim

4,796 posts

Posted by tonylim > 2016-01-14 23:36 | Report Abuse

Is there a difference with perbadanan nasional bhd and permodalan nasional bhd

shield

24 posts

Posted by shield > 2016-01-15 10:51 | Report Abuse

if got aggressive takeover then it should be even more interesting

shield

24 posts

Posted by shield > 2016-01-15 11:00 | Report Abuse

I believe this counter can exceed RM5

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2016-01-15 13:46 | Report Abuse

Unsure whats the IQ level of Tan Sri Liew and TKP. Need to do more detailed examinations on them to evaluate.

jay111

870 posts

Posted by jay111 > 2016-01-15 14:32 | Report Abuse

Pnb if buy in open market,what price can go?

SamHo1992

23 posts

Posted by SamHo1992 > 2016-01-16 22:25 | Report Abuse

Rosmah Magni still can enter now?

tonylim

4,796 posts

Posted by tonylim > 2016-01-16 23:27 | Report Abuse

Based on trailing 12 months eps it is not over valued

tonylim

4,796 posts

Posted by tonylim > 2016-01-16 23:28 | Report Abuse

Still got room

leelc99

871 posts

Posted by leelc99 > 2016-01-18 10:04 | Report Abuse

good

tradeview

608 posts

Posted by tradeview > 2016-01-19 17:30 | Report Abuse

Opp to collect on weakness

tradeview

608 posts

Posted by tradeview > 2016-01-19 18:09 | Report Abuse

Latest post on Perstima. TP RM7.65

http://klse.i3investor.com/blogs/tradeview/89988.jsp

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2016-01-19 20:52 | Report Abuse

Buy on weakness. I belief export stocks will be doing good for the next 6 months

tradeview

608 posts

Posted by tradeview > 2016-01-20 20:17 | Report Abuse

Agree with Rosmah Mansur.

http://klse.i3investor.com/blogs/tradeview/90147.jsp

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2016-01-20 21:12 | Report Abuse

Just sharing...

1H profit before tax = 49m
Net realised gain = 16m
Net unrealised loss = 5m

Why there was so much unrealised loss?

tradeview

608 posts

Posted by tradeview > 2016-01-22 21:25 | Report Abuse

This is a good price now for Magni.

Side note. Those interested in HK market.

http://klse.i3investor.com/blogs/tradeview/90224.jsp

tradeview

608 posts

Posted by tradeview > 2016-01-25 22:26 | Report Abuse

The unrealised losses may likely be due the imported raw materials used for the product. I cant find your 5m exact figure however I have minimal concern as so long as there is sustainable increase in the net gain on forex far exceeding the import cost, Magni is poise to continue its movement upwards.

shield

24 posts

Posted by shield > 2016-01-27 10:02 | Report Abuse

global market is slowing down, systemic risk is there

shield

24 posts

Posted by shield > 2016-01-27 14:08 | Report Abuse

cutting down holdings and reduce exposure is a good way to manage risk

leelc99

871 posts

Posted by leelc99 > 2016-01-29 20:02 | Report Abuse

Does anyone know the reason behind the resignation of one of the directors?

shield

24 posts

Posted by shield > 2016-01-30 13:16 | Report Abuse

Mr. Tan Thiam Chai was a Board Representative of Berjaya Group Berhad ("Berjaya"). In view of Berjaya's reduced interest in Magni, Berjaya no longer requires a Board Representative on the Board of Magni.

leelc99

871 posts

Posted by leelc99 > 2016-02-01 00:32 | Report Abuse

I see. Thanks for the explanation.

tradeview

608 posts

Posted by tradeview > 2016-02-01 17:47 | Report Abuse

Magni is still trading at very attractive valuation. It seems that people are all very afraid of export related stocks and the recent rally in MYR hence people are dumping export stocks. I am of the view good counters like magni which has increase in revenue and not only profit margin derive from forex translation will continue to do well. Do not forget this year is olympic 2016.

Recent article for your reading pleasure

http://klse.i3investor.com/blogs/tradeview/90466.jsp

Posted by HellowKiety > 2016-02-04 11:44 | Report Abuse

bye bye magni plunging

nakata

308 posts

Posted by nakata > 2016-02-05 19:50 | Report Abuse

I'm second of what tradeview saying, it is a very good counter to move in, but i'm looking on cheaper entry price, hope i got the chance :)

gnail

343 posts

Posted by gnail > 2016-02-17 14:20 | Report Abuse

up up

crystal168

1,663 posts

Posted by crystal168 > 2016-02-17 15:33 | Report Abuse

:)

Posted by valueinvestor99 > 2016-02-21 10:31 | Report Abuse

Magni is still one of the best in my portfolio. However, in the latest quarter report, there's a huge reduction in cash. Trade debtors has increase a lot, does that mean it has difficulty in collecting money? Trade creditors also increase a lot even though the sales are still increasing. Could the reduction in cash also due to berjaya and juara sejati sold their shares??

Posted by valueinvestor99 > 2016-02-21 10:33 | Report Abuse

I still do not understand the huge reduction is cash but my assumption is that the debtors day has a problem. Can anyone share their opinion on this? Thanks for your reply

gnail

343 posts

Posted by gnail > 2016-02-22 18:21 | Report Abuse

maybe the cash has been invested in machine

lcng123

1,124 posts

Posted by lcng123 > 2016-02-23 10:09 | Report Abuse

magni major customer is nike, you think nike having financial problem? high receivable may due to timing problem to collect money. high payable and reduce in cash due to increase of purchase of material and machines.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2016-03-02 15:16 | Report Abuse

Magni will announce its quarterly results by end of this month. Hope to see a good one

WinnerWay

101 posts

Posted by WinnerWay > 2016-03-02 15:25 | Report Abuse

@Rosmah any positive news heard so far?

Sephy

692 posts

Posted by Sephy > 2016-03-04 09:04 | Report Abuse

many positive news. just buy.

Posted by Pakcik Saham > 2016-03-06 19:51 | Report Abuse

buy magni undervalue stock

ycbang

468 posts

Posted by ycbang > 2016-03-06 19:53 | Report Abuse

nike stock

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2016-03-11 20:29 | Report Abuse

One of the strongest stock which is very stable over the past two weeks.

K.H

295 posts

Posted by K.H > 2016-03-18 18:15 | Report Abuse

Second Single Tier Interim Dividend 3 Sen, Single Tier Special Dividend 2 Sen
http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=7087

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2016-03-18 18:44 | Report Abuse

Huat ahhh!!! Net profit up 50%, IV RM 5.92, Cash yield at 4.9%

Probability

14,496 posts

Posted by Probability > 2016-03-18 18:56 | Report Abuse

Superb consistent results. Noticed the Revenue had increased significantly.... Have not gone through in detail...but as usual its Magni's strategy to capture market share with a reduced Margin initially and then hike up later... Congrats to Magni shareholders!

leehom

12 posts

Posted by leehom > 2016-03-18 19:00 | Report Abuse

Very promising quarterly result by Magni. Record high quarterly net profit. First 3 quarters net profit already exceeding last financial year profits. Good job Magni.

CCCL

621 posts

Posted by CCCL > 2016-03-18 20:44 | Report Abuse

King of export counter !

piggybank

132 posts

Posted by piggybank > 2016-03-18 21:45 | Report Abuse

Huat ah

robot888

96 posts

Posted by robot888 > 2016-03-18 21:47 | Report Abuse

How to Huat ah !!! Now Ringgit trading at 4.04.

Bro be realistic.

saschl

310 posts

Posted by saschl > 2016-03-18 22:16 | Report Abuse

May be Magni intrinsic value and TP, using all computation methods, is > 5 or even 6 ringgit , nevertheless, the cruel facts are, the market is irrational and controlled by buyers and sellers beliefs and emotions, as long as they feel that the continuous appreciation of Ringgit will affect the performance of export counters adversely, the prices of export counters are not going to perform; Let's realize this, this belief is proven to hold water by the just announced QR of Top Glove; Hopefully one day a sifu can raise up to tell us when will the theme "Export" be the rising star again!

CCCL

621 posts

Posted by CCCL > 2016-03-18 22:17 | Report Abuse

Sure realistic, look at the dividen is real...

robot888

96 posts

Posted by robot888 > 2016-03-18 22:24 | Report Abuse

Sure the dividend is real and the 'good' result is real too BUT is considered the 'past' when Ringgit is at 4.30-4.40.

RosmahMansur

2,870 posts

Posted by RosmahMansur > 2016-03-19 01:44 | Report Abuse

The revenue increased by 36% vs previous quarter contributed by the garment manufacturing arm mostly. Net profit up by 50% vs previous year. Judging by this , i belief next quarter will still be good for Magni as demands are increasing in the US and Vietnamese productions are producing fruits.

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