MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.53

Today's Change

0.00 (0.00%)

Day's Change

2.49 - 2.54

Trading Volume

292,300


7 people like this.

5,237 comment(s). Last comment by Supernoob 2 weeks ago

mysmo1

201 posts

Posted by mysmo1 > 2016-09-30 11:42 | Report Abuse

just join this counter at 4.2 hope this is the good time to enter and time to rebound....waiting for the dividend too

chshzhd

1,908 posts

Posted by chshzhd > 2016-09-30 19:06 | Report Abuse

tqvm Saitama & CH Hong:)

RainT

8,448 posts

Posted by RainT > 2016-10-02 22:00 | Report Abuse

Hong chin huat
Thanks very much

RainT

8,448 posts

Posted by RainT > 2016-10-02 22:00 | Report Abuse

Saitama
Thanks very much

RainT

8,448 posts

Posted by RainT > 2016-10-02 22:01 | Report Abuse

Have been looking into magni
But keep on thinking is it worth buying or not
Now I know is WORTH ...

mysmo1

201 posts

Posted by mysmo1 > 2016-10-04 22:15 | Report Abuse

tomorrow uptrends~ 看门贝币

Posted by Hong Chin Huat > 2016-10-05 08:50 | Report Abuse

加注!

chshzhd

1,908 posts

Posted by chshzhd > 2016-10-06 11:31 | Report Abuse

:)

Posted by Mohamad Jeffrey Ismail > 2016-10-06 21:57 | Report Abuse

Thank you for sharing

chshzhd

1,908 posts

Posted by chshzhd > 2016-10-07 14:15 | Report Abuse

steady counter:)

optimus9199

2,794 posts

Posted by optimus9199 > 2016-10-10 09:27 | Report Abuse

up up up

Posted by Hong Chin Huat > 2016-10-10 09:40 | Report Abuse

gambateh magni. go go go

optimus9199

2,794 posts

Posted by optimus9199 > 2016-10-10 09:44 | Report Abuse

tomorrow ex dividend 10sen

muscular

280 posts

Posted by muscular > 2016-10-10 09:46 | Report Abuse

leng lor, tungu div masuk saje

optimus9199

2,794 posts

Posted by optimus9199 > 2016-10-11 09:22 | Report Abuse

good time to sell

chshzhd

1,908 posts

Posted by chshzhd > 2016-10-11 11:27 | Report Abuse

:)

chshzhd

1,908 posts

Posted by chshzhd > 2016-10-11 20:08 | Report Abuse

close higher after div :) good counter:)

ooihk899

2,057 posts

Posted by ooihk899 > 2016-10-11 22:06 | Report Abuse

After reading lifeinvest article on Prolexus, very happy since Magni is in the same category of the business. Can sleep very well every night.

chinesetea

1,390 posts

Posted by chinesetea > 2016-10-12 02:38 | Report Abuse

No doubt, one of the best hybrid growth and dividend counter. It is a matter of time before bonus issue is announced.

Posted by Hong Chin Huat > 2016-10-12 07:44 | Report Abuse

Chinesetea, I agree with you. Is matter a time

ooihk899

2,057 posts

Posted by ooihk899 > 2016-10-12 10:34 | Report Abuse

Important thing to me is growth n div. That will add value to shareholder.

Posted by everyonecan > 2016-10-12 15:03 | Report Abuse

they are capable of giving 1:1 bonus issue even now. hold tight..

chshzhd

1,908 posts

Posted by chshzhd > 2016-10-13 19:47 | Report Abuse

steady:)

optimus9199

2,794 posts

Posted by optimus9199 > 2016-10-13 20:49 | Report Abuse

Last year already given.bonus 1:2 I don't think there will be any bonus issue soon as what being discussed during AGM.

Saitama

43 posts

Posted by Saitama > 2016-10-14 09:58 | Report Abuse

Don't need a bonus. Price is what you pay, value is what you get.

mysmo1

201 posts

Posted by mysmo1 > 2016-10-14 10:22 | Report Abuse

lai liao lai liao

optimus9199

2,794 posts

Posted by optimus9199 > 2016-10-14 10:30 | Report Abuse

continue to huat

valuelurker

1,133 posts

Posted by valuelurker > 2016-10-14 11:26 |

Post removed.Why?

optimus9199

2,794 posts

Posted by optimus9199 > 2016-10-14 16:35 | Report Abuse

this blog does not belong to u though, valuelurker.

chshzhd

1,908 posts

Posted by chshzhd > 2016-10-14 23:00 | Report Abuse

haha...invest..don querral:)

ooihk899

2,057 posts

Posted by ooihk899 > 2016-10-15 12:40 | Report Abuse

Looks like someone trying ti push down the price, when up selling quite heavy.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-10-15 21:18 | Report Abuse

Buyer was alot at 4.30 yesterday, i think, good times are coming for Magni soon.

chshzhd

1,908 posts

Posted by chshzhd > 2016-10-17 22:17 | Report Abuse

magni always good:)

cy91

397 posts

Posted by cy91 > 2016-10-19 09:57 | Report Abuse

buy buy buy!!!!

chshzhd

1,908 posts

Posted by chshzhd > 2016-10-19 12:35 | Report Abuse

no problem :)

weiwen

3 posts

Posted by weiwen > 2016-10-19 22:33 | Report Abuse

does anyone know why is the inventories and trade recievable increases so much so sudden ??

ooihk899

2,057 posts

Posted by ooihk899 > 2016-10-19 22:43 | Report Abuse

This was due to sales increase. I think last Q is their highest sales ever.

Saitama

43 posts

Posted by Saitama > 2016-10-20 09:45 | Report Abuse

in Q1 2017, revenues for Magni increased by 40%. Since USD MYR rate is stabilized at about 4+, this is definitely from increased sales order by customers. In Nike's 1st quarter report page 3, global apparel sales increased from US$ 2.34 bil to US$ 2.55bil or US$ 208 million increase. this is in US$ millions and billions. Quite scary to see how ppl spend on clothing. But that is probably why Magni received such huge orders.

Saitama

43 posts

Posted by Saitama > 2016-10-20 10:00 | Report Abuse

http://www.telegraph.co.uk/football/2016/10/13/chelsea-confirm-huge-60m-a-year-kit-deal-with-nike/
Also, lets not forget the biggest deal between Chelsea and Nike. Chelsea ended the contract with Adidas 6 years in advance if i have not mistaken.

ooihk899

2,057 posts

Posted by ooihk899 > 2016-10-20 11:07 | Report Abuse

Saitama, is there any reason why the price keep going down?
I thought its fundamental is good but the price seems moving south.

chshzhd

1,908 posts

Posted by chshzhd > 2016-10-20 11:29 | Report Abuse

be patience:)

Saitama

43 posts

Posted by Saitama > 2016-10-20 12:01 | Report Abuse

I don't know. Maybe the person who is desperate enough to sell cheap probably needs money quick to buy his girlfriend an anniversary present. I envy that person who gets to buy it cheaper haha

ooihk899

2,057 posts

Posted by ooihk899 > 2016-10-20 12:03 | Report Abuse

Thanks

weiwen

3 posts

Posted by weiwen > 2016-10-20 19:32 | Report Abuse

thanks for sharing ! for the contract between Chelsea and Nike , is magni producing jersey or sports wear ? if yes then i think it will benefit magni

Saitama

43 posts

Posted by Saitama > 2016-10-21 11:02 | Report Abuse

Magni produces apparels (Clothings) for Nike and other Brands also. But Nike has almost 400 other manufacturers according to their annual reports. All I know is that the demand for Nike's products will go up. Whether it is confirmed that they will order for Magni I don't know. But there is a good chance.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-10-21 13:16 | Report Abuse

share price downtrend since early this week, 4.20 should be ideal price to enter if were for long term....

jesry

40 posts

Posted by jesry > 2016-10-24 13:08 | Report Abuse

tengku anan already become one of the share holder.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-10-24 13:13 | Report Abuse

who is that?

Posted by Hong Chin Huat > 2016-10-24 14:39 | Report Abuse

Who is this guy?

ooihk899

2,057 posts

Posted by ooihk899 > 2016-10-24 17:12 | Report Abuse

Refer to AR

RHB Capital Nominees (Tempatan) Sdn Bhd 2,835,000 1.74%
Pledged securities account for Tengku Adnan bin Tengku Mansor
(Datuk Seri)

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