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

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-13 18:49 | Report Abuse

profit all time high.

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-13 18:50 | Report Abuse

oni price not all time high yet.

ginvin

206 posts

Posted by ginvin > 2016-12-13 18:52 | Report Abuse

result up up up, but share price..... haiz

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-13 18:55 | Report Abuse

3sen dividend...up up up

ginvin

206 posts

Posted by ginvin > 2016-12-13 19:01 | Report Abuse

3 sen plus 2 sen special... total 5 sen

valuelurker

1,133 posts

Posted by valuelurker > 2016-12-13 19:44 | Report Abuse

Vroommm

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-13 19:59 | Report Abuse

every quarter also got Div. 'song'

gnail

343 posts

Posted by gnail > 2016-12-13 20:05 | Report Abuse

wowwwwwwwwwwwww,

revenue record high,

profit also record high,

huuuuuaaaaaat lar

nakata

307 posts

Posted by nakata > 2016-12-13 20:06 | Report Abuse

the result doesn't seem impress even revenue was increased

cyeec2000

994 posts

Posted by cyeec2000 > 2016-12-13 20:21 | Report Abuse

Most company profit has been dropped,magnitech performance is good already..

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-13 20:32 | Report Abuse

nakata, why is it the result 'doesn't seem impress'? Appreciate if you can elaborate further

MATB

609 posts

Posted by MATB > 2016-12-13 20:54 | Report Abuse

too strong !!!

Posted by shareinvestor88 > 2016-12-13 21:06 | Report Abuse

Nakata agree with u. I think you shud sell

sell

2,456 posts

Posted by sell > 2016-12-13 22:18 | Report Abuse

Magni-Tech shuts down printing packaging unit
http://www.theedgemarkets.com/my/article/magni-tech-shuts-down-printing-packaging-unit

crystal168

1,663 posts

Posted by crystal168 > 2016-12-13 22:28 | Report Abuse

:)

Chin Leong

307 posts

Posted by Chin Leong > 2016-12-13 22:40 | Report Abuse

packaging business is not their main business and profit of that company contribute very less to magni

George NG

64 posts

Posted by George NG > 2016-12-13 22:55 | Report Abuse

2moro the price most probably will rise up

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-13 23:02 | Report Abuse

I think tomorrow price will drop - sell on news, buy on rumour. 2nd thing is that the closure of the SIPP will cost Magni RM 2.7million, which will eat up on its next quarterly results.

Chin Leong

307 posts

Posted by Chin Leong > 2016-12-13 23:10 | Report Abuse

The Closure will not have any material effect on the earnings and earnings per share of
the Magni Group for the financial year ending 30 April 2017.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-13 23:14 | Report Abuse

The Closure will involve ceasing all its manufacturing business activities, the disposal of all the assets except leasehold land and factory building, and settlement of all the liabilities of SIPP. A total of 121 employees will be made redundant by the Closure.
Based on preliminary review, the Closure will cost approximately RM2.723 million.

Chin Leong

307 posts

Posted by Chin Leong > 2016-12-13 23:17 | Report Abuse

if magni can continue growth 2.7m is nothing lo

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-13 23:33 | Report Abuse

Last yr net profit was 82mil. This yr 1st half was 52mil already, if you think cost of closure which is 2.7 mil will affect this year's result, pls sell at all cost, dump the share fast.

nakata

307 posts

Posted by nakata > 2016-12-14 00:03 | Report Abuse

My take on this quarter, revenue was increased to 42% compared to last year, but EPS down 12%, dividend was trimmed to 5 cents, was expecting EPS reflecting from huge hike on revenue.

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-14 00:24 | Report Abuse

nakata, eps up, not down, the effect was cause by bonus issue last yr.. Pls check report released in KLSE website. First half of last yr div was 8 sen, 1st half of this yr div was 10sen already. I really don't know how n where u get yr info.

smartly

6,431 posts

Posted by smartly > 2016-12-14 00:32 | Report Abuse

you sure boh ? eps down by 12% ?
there is a reason why they still report an increase of 32% profit from its corresponding q. open your eye bigger bro...don't simply tembak.

cwkhor

119 posts

Posted by cwkhor > 2016-12-14 00:53 | Report Abuse

nakata must be comparing last year EPS before bonus with this year EPS after bonus

Posted by Forwardmind > 2016-12-14 08:33 | Report Abuse

Going to fly high later... exited...

hng33

20,318 posts

Posted by hng33 > 2016-12-14 09:02 | Report Abuse

sold off all Magni at 4.28, lock all handsome contra profit, free up all capital

omgimnoob

514 posts

Posted by omgimnoob > 2016-12-14 09:18 | Report Abuse

Dear trader, Please learn from padini that achieved highest sales and good result, after another weak subsequent result the share px dropped like cempedak!

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-14 09:26 | Report Abuse

Magni why u up la today? i expect u to go down.....wanted to collect at 4.10 like yesterday too..

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-14 09:31 | Report Abuse

hopefully it will not be similar to last time, when good 1st quarter result announced, price up for few days then down. Value shoild be at least RM5

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-14 09:46 | Report Abuse

history will repeat itself

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-14 09:59 | Report Abuse

looks like this counter control by buaya. huge foad block at 4.2.

latjiu

222 posts

Posted by latjiu > 2016-12-14 10:00 | Report Abuse

added to my investment portfolio

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-14 10:07 | Report Abuse

TQ for those who bought my stocks at RM 4.29

Posted by Alex Lim Jun Xiong > 2016-12-14 13:15 | Report Abuse

Magni or Tguan is a better choice?

nakata

307 posts

Posted by nakata > 2016-12-14 13:35 | Report Abuse

hey guys, as highlighted by cwkhor , I comparing to last year before bonus 19.94 cents with current quarter 17.53 cents, may be i get it wrong :) , 17.53 is also before bonus right ?

nakata

307 posts

Posted by nakata > 2016-12-14 13:42 | Report Abuse

nevertheless, the margin also lower due to higher operating cost, don't get me wrong, i still count this as one of the good counter, just i think the earning is not reflecting to revenue boost.

Bizfuneng

883 posts

Posted by Bizfuneng > 2016-12-14 14:19 | Report Abuse

Can anyone workout the DCFA? Can share?

latjiu

222 posts

Posted by latjiu > 2016-12-14 15:11 | Report Abuse

+5% growth 8% discount using average 5 year FCF RM 6.21
*note this is for FY2016

cwkhor

119 posts

Posted by cwkhor > 2016-12-14 19:36 | Report Abuse

17.53 is after bonus dilution

omgimnoob

514 posts

Posted by omgimnoob > 2016-12-14 20:24 | Report Abuse

Run before it's too late!!!

pantor

335 posts

Posted by pantor > 2016-12-15 01:05 | Report Abuse

Buy before it is too late!

Saitama

43 posts

Posted by Saitama > 2016-12-15 13:29 | Report Abuse

Oh... results out already. No wonder suddenly moving hahaha. Well done everyone

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-15 15:20 | Report Abuse

up up up

muse8

10 posts

Posted by muse8 > 2016-12-15 16:20 | Report Abuse

will NIKE be forced by Trump to get their supplies locally?

Posted by Alex Lim Jun Xiong > 2016-12-15 17:24 | Report Abuse

Magni up faster than Tguan-wa.

Chin Leong

307 posts

Posted by Chin Leong > 2016-12-15 18:36 | Report Abuse

Impossible muse8 they have thousand of supplier ,impossible they can get switch all their factory to usa

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-15 23:43 | Report Abuse

tomorrow continue uptrend

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