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

WiseVictor

148 posts

Posted by WiseVictor > 2017-02-07 14:59 | Report Abuse

That's ridiculous bring goods back to US manufacture. Think about it, Apple iPhone/Macbook that manufacturing in China bring back to US, it will be sold at very high price due to higher cost. So for Nike as well, that will never happen =)

Kensington

158 posts

Posted by Kensington > 2017-02-07 17:21 | Report Abuse

Co director resumes nibbling into Magni shares ... good indication on the intrinsic value of the Co, I think.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-02-08 20:42 | Report Abuse

The director slowly buying more shares in Magni at range of RM 4.78 - 4.80. There is something hot cooking there...

optimus9199

2,794 posts

Posted by optimus9199 > 2017-02-10 10:16 | Report Abuse

up up up

chshzhd

1,908 posts

Posted by chshzhd > 2017-02-12 20:54 | Report Abuse

another wave is coming..

Ahbeng11

198 posts

Posted by Ahbeng11 > 2017-02-12 22:36 | Report Abuse

Tp 6.00

Posted by younginvestor92 > 2017-02-12 22:49 | Report Abuse

management keep buying share through open market.... good

soohau78

150 posts

Posted by soohau78 > 2017-02-13 09:45 | Report Abuse

5.00!

bracoli

2,579 posts

Posted by bracoli > 2017-02-13 11:59 | Report Abuse

booom! haha next is rm6

cy91

397 posts

Posted by cy91 > 2017-02-13 12:13 | Report Abuse

where are the people who sold at 4.80? haha

chshzhd

1,908 posts

Posted by chshzhd > 2017-02-13 19:34 | Report Abuse

at least pe9 lo:)

chshzhd

1,908 posts

Posted by chshzhd > 2017-02-13 19:36 | Report Abuse

now pe9=5.36
after coming q result then will be more:)
am i right?

optimus9199

2,794 posts

Posted by optimus9199 > 2017-02-13 20:06 | Report Abuse

UP UP UP

K.H

293 posts

Posted by K.H > 2017-02-13 20:07 | Report Abuse

:))

gnail

343 posts

Posted by gnail > 2017-02-13 21:20 | Report Abuse

go to RM 6 please

chshzhd

1,908 posts

Posted by chshzhd > 2017-02-14 11:27 | Report Abuse

don worry

cy91

397 posts

Posted by cy91 > 2017-02-14 12:34 | Report Abuse

RM6 fair value

chonghai

480 posts

Posted by chonghai > 2017-02-14 15:52 | Report Abuse

RM 6 is only PE 10. Please take into consideration that :
1). Magni is a net cash company, with dividend close to FD interest.
2). Magni is a growth company. From 2013 to 2017 Revenue doubled.
3). Magni has additional capacity coming up in 2nd half 2017. Magni already set the right footing at Vietnam. Prolexus only plan to follow lately.
4). Magni supplies to NIKE. Revenue of NIKE never went down in the past, not even during 2007 - 2008.

Saitama

43 posts

Posted by Saitama > 2017-02-14 16:59 | Report Abuse

Any investments comes with risks as well. Don't forget that Nike's revenue alone is more than 78%. Although they have long term relationship, Nike has more than 400 other manufacturers across the globe. This means many others can do what Magni is doing. Nike can switch manufacturer with just a snap of the finger. Magni's PE also never exceeded PE of 10 before.

True there is growth. True there is good track record. True that it looks undervalued compared to its prospects. But make sure you are aware of the risks. Protect yourself as well. Make money safely.

P/s: I have vested interest haha

cy91

397 posts

Posted by cy91 > 2017-02-14 17:19 | Report Abuse

quarter report come out then know liao

gladiator

675 posts

Posted by gladiator > 2017-02-14 18:07 | Report Abuse

Director again acquired 280,000 units at RM4.98 in the open market. Should tell the director is he aware of the risk.

Saitama

43 posts

Posted by Saitama > 2017-02-14 20:58 | Report Abuse

director different story la lol. They work inside and they know it inside out. But we all retail investors mah...unless u insider also lol

gnail

343 posts

Posted by gnail > 2017-02-14 22:45 | Report Abuse

The director still buying at RM4.98, means still undervalue

optimus9199

2,794 posts

Posted by optimus9199 > 2017-02-14 22:54 | Report Abuse

i smell MGO coming

bracoli

2,579 posts

Posted by bracoli > 2017-02-14 23:43 | Report Abuse

Privatise ho seh liao

Ahbeng11

198 posts

Posted by Ahbeng11 > 2017-02-15 02:00 | Report Abuse

Director buying like no tmr

char1234

5,299 posts

Posted by char1234 > 2017-02-15 02:48 | Report Abuse

its a good share...their profits v v good....rm 6....no issue

optimus9199

2,794 posts

Posted by optimus9199 > 2017-02-15 07:09 | Report Abuse

Buy as much as possible

WiseVictor

148 posts

Posted by WiseVictor > 2017-02-15 11:30 | Report Abuse

Director buying at 4.98+, there must be something good in next qr released

Steven Low

134 posts

Posted by Steven Low > 2017-02-15 12:43 | Report Abuse

when is the qr?

gladiator

675 posts

Posted by gladiator > 2017-02-15 14:36 | Report Abuse

qr next month

Steven Low

134 posts

Posted by Steven Low > 2017-02-15 15:33 | Report Abuse

ic. tq

Ahbeng11

198 posts

Posted by Ahbeng11 > 2017-02-15 15:53 | Report Abuse

What happen to the sudden drop early morning ?

tjunkie

123 posts

Posted by tjunkie > 2017-02-15 16:29 | Report Abuse

good thing for the drop..manage to buy @ 4.95

optimus9199

2,794 posts

Posted by optimus9199 > 2017-02-15 18:05 | Report Abuse

SteAdy

Steven Low

134 posts

Posted by Steven Low > 2017-02-16 13:30 | Report Abuse

Get 4.98

superman11

356 posts

Posted by superman11 > 2017-02-16 14:44 | Report Abuse

when will the quarter report come out?

ooihk899

2,057 posts

Posted by ooihk899 > 2017-02-16 15:03 | Report Abuse

3rd week of Mar.

superman11

356 posts

Posted by superman11 > 2017-02-16 15:04 | Report Abuse

I see.. will be good news?

superman11

356 posts

Posted by superman11 > 2017-02-16 15:58 | Report Abuse

bought in rm 4.95... waiting for QR.

superman11

356 posts

Posted by superman11 > 2017-02-16 17:58 | Report Abuse

@WiseVictor - where to check who buying this stock?

Ahbeng11

198 posts

Posted by Ahbeng11 > 2017-02-16 18:03 | Report Abuse

Bursa annoucement

superman11

356 posts

Posted by superman11 > 2017-02-16 22:39 | Report Abuse

ok thanks

Steven Low

134 posts

Posted by Steven Low > 2017-02-17 09:12 | Report Abuse

No selling and no buying. this is so promising

Posted by Thomas Loo > 2017-02-17 10:08 | Report Abuse

BOUGHT 4.97

Steven Low

134 posts

Posted by Steven Low > 2017-02-17 11:39 | Report Abuse

Bought at 5

Posted by Thomas Loo > 2017-02-17 15:29 | Report Abuse

Everyday can sleep well.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-02-17 17:35 | Report Abuse

bought at 4.08

ooihk899

2,057 posts

Posted by ooihk899 > 2017-02-18 09:43 | Report Abuse

Bought at 3.00

Thelastone

277 posts

Posted by Thelastone > 2017-02-18 18:31 | Report Abuse

Why sell Magni?
First growth phase by this june 2017 with increase capacity of 6m pieces on top of the existing 35m will be 41 pieces and so at least 15 % increase in revenue by sept 2017!

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