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

chshzhd

1,908 posts

Posted by chshzhd > 2016-12-16 09:02 | Report Abuse

http://harryteo.blogspot.my/

WiseVictor

148 posts

Posted by WiseVictor > 2016-12-16 09:28 | Report Abuse

If think wisely, seems like all holders of Magni keep promoting after news out to sell high

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-16 09:38 | Report Abuse

up up up

latjiu

222 posts

Posted by latjiu > 2016-12-16 09:49 | Report Abuse

good things are meant to be shared

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-16 09:51 | Report Abuse

optimus9199, I thought u sold your share@4.29?

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-16 09:51 | Report Abuse

Road block at 4.35.

denialC

21 posts

Posted by denialC > 2016-12-16 10:28 | Report Abuse

will break 4.48 before enter 2017!

cy91

397 posts

Posted by cy91 > 2016-12-16 11:09 | Report Abuse

BUY more now special dividend + capital gain

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-16 11:25 | Report Abuse

Yup i sold all 4.29 on Wed and bought back 4.16 for day trade profits

tradeview

608 posts

Posted by tradeview > 2016-12-16 16:31 | Report Abuse

beautiful accummulation

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-16 16:31 | Report Abuse

up up up

tradeview

608 posts

Posted by tradeview > 2016-12-17 20:15 | Report Abuse

Called out Magni on 28 Dec 2015 and set a tp of RM5.40. Tradeview 1st Value Pick of 2016. Article here http://klse.i3investor.com/blogs/tradeview/88634.jsp
With the recent more convicted to continue holding

Posted by newbie_Investor > 2016-12-18 01:03 | Report Abuse

sharing my first analysis, any advice or criticism are welcome, thanks

https://valueinvestingbursa.wordpress.com/2016/12/17/magni-tech-industries-bhd-analysis/

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-19 17:11 | Report Abuse

up up up

Posted by Hong Chin Huat > 2016-12-21 08:48 | Report Abuse

Wao, again. Nike inc.'s quarterly profit rose 7% amid stronger demand in the US,CHINA,western EUROPE and emerging market.

Saitama

43 posts

Posted by Saitama > 2016-12-21 10:33 | Report Abuse

Oh? Nike Q2 also came out already? Hahaha thanks for sharing. I have little doubt about Nike's ability to grow. The world still so huge with many new potential emerging markets like India Vietnam Myanmar etc not China alone. With their marketing strength and innovation, I have hood confidence in Nike. And when Nike does well so does......do your own due diligence. Good luck.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-21 14:13 | Report Abuse

Up.Up up

K.H

293 posts

Posted by K.H > 2016-12-21 14:40 | Report Abuse

Nike earnings: 50 cents per share, vs. expected EPS of 43 cents
http://www.cnbc.com/2016/12/20/nike-reports-second-quarter-earnings.html

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-21 16:24 | Report Abuse

up up up

bracoli

2,579 posts

Posted by bracoli > 2016-12-22 23:22 | Report Abuse

Booooom

spear

316 posts

Posted by spear > 2016-12-23 02:08 | Report Abuse

Good company with strong and stable growth record, good dividend yield, good cash position and cash flow. Company still expanding. If now is not the time to buy, i dont know when is. Look at the price now, its totally undervslued

spear

316 posts

Posted by spear > 2016-12-23 02:16 | Report Abuse

Write a comment..been holding this share for years, gotten good dividend and capital gain over the years through the bonus issues. Tan is a good MD with great sense of business i would say

shield

24 posts

Posted by shield > 2016-12-23 10:07 | Report Abuse

got a feeling that it will fly soon.

Saitama

43 posts

Posted by Saitama > 2016-12-23 11:32 | Report Abuse

I do not know if Tan has a good sense of business or not. Not enough info to judge. The company started off as a plastic and packaging company. Didn't do so well. Then they diversified into a totally different business which is the current one, garment manufacturing. Then one in 2014 they mentioned want to look into property development which is another totally different business. What I see now is that the company have a very very valuable asset which is the garment manufacturing business. But I must give the management team credit for consistently sharing profits with shareholders. kudos.

chshzhd

1,908 posts

Posted by chshzhd > 2016-12-23 15:32 | Report Abuse

buy:)

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-27 18:52 | Report Abuse

Buy

chshzhd

1,908 posts

Posted by chshzhd > 2016-12-27 20:42 | Report Abuse

buy:)

Posted by Hong Chin Huat > 2016-12-27 21:27 | Report Abuse

Buy

bracoli

2,579 posts

Posted by bracoli > 2016-12-27 22:11 | Report Abuse

Div ex today... hopefully wun sleep too long..

Posted by Hong Chin Huat > 2016-12-28 15:07 | Report Abuse

Keep drop de

ooihk899

2,057 posts

Posted by ooihk899 > 2016-12-28 15:08 | Report Abuse

Hmm.... looks like still heavy selling

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-28 16:31 | Report Abuse

cheap sales

mike90

203 posts

Posted by mike90 > 2016-12-28 22:49 | Report Abuse

Game over for Magni.

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2016-12-29 10:12 | Report Abuse

sohai stock result good also drop from 4.40 to 4.14,

pui

Posted by newbie_Investor > 2016-12-29 10:14 | Report Abuse

Be glad there is a buying opportunity.

chshzhd

1,908 posts

Posted by chshzhd > 2016-12-29 10:20 | Report Abuse

cheap..:)

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-29 10:56 | Report Abuse

wow super cheap sales

tradeview

608 posts

Posted by tradeview > 2016-12-29 11:02 | Report Abuse

good price for accumulation

Vivian Hee

235 posts

Posted by Vivian Hee > 2016-12-29 11:10 | Report Abuse

dropped 0.1 cents just now -_-;

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-29 11:23 | Report Abuse

Bought more at 4.08. I belief institutional investors are adjusting their year end portfolio and take profit aftex ex dividend date. Otherwise this stock FA is very good

Posted by tanhengjin > 2016-12-29 11:29 | Report Abuse

seldom got this kind of chance, i would say.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-29 11:42 | Report Abuse

agreed....PE now 6.9x ROE 27% DY 4.5%..Where to find this type of stock at bursa?

CY1214

16 posts

Posted by CY1214 > 2016-12-29 12:48 | Report Abuse

Magnitech's revenue mainly was from exporting apparel to US market.
The President-Elect Donald Trump's inauguration is scheduled for Friday 20 January 2017. And he has commited to quit TPP on the date he take the office, so might impact the future revenue of Magni.

red_85

1,259 posts

Posted by red_85 > 2016-12-29 15:59 | Report Abuse

keep dropping nonstop..maybe mgmt really did some trick in the quarter report value..and real investor just sell off this share...not good for future..

chshzhd

1,908 posts

Posted by chshzhd > 2016-12-29 16:39 | Report Abuse

buy:)

tradeview

608 posts

Posted by tradeview > 2016-12-29 16:46 | Report Abuse

red_85, CY1214, sometimes it is good to take precaution. However, I would have to agree with optimus 9199, chshzhd, tanhengjin. I am one of the earliest writer on Magni and this counter have never disappointed me in terms of ROE and DY. The only thing it disappointed me is with the capital gain. I am of the view this is simply because of the continuous selldown by Vincent Tan. IF not for this, Magni long has broken the resistance of RM4.40 towards my initial TP of RM4.80. Rumours are rumours, but it still a rumour until proven the truth. As for TPPA scraping, Magni will not be affected because even before the implementation of TPPA, Magni already has been continuing delivering record Revenue and Profits. So it is also inaccurate to attribute TPPA to Magni. I believe Magni fall in share price, provides opp for collection. Feel free to read this if you require more information on Magni.
https://tradeview101.blogspot.my/2015/12/value-pick-no-1-magni-tech-industries.html

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-29 18:43 | Report Abuse

Currently Vincent Tan has ceased to be substantial share holder in Magni but there is new comer PNB into it.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-29 23:24 | Report Abuse

Formed a hammer today. Hope will rebound tomorrow.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-12-30 14:42 | Report Abuse

up up up 4.19

optimus9199

2,794 posts

Posted by optimus9199 > 2017-01-04 10:13 | Report Abuse

up up up 4.24

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