Posted by tecpower > 2017-03-17 12:03 | Report Abuse

No one can read the director's intention. Nonsense.

Posted by Jeff Lee > 2017-03-17 12:05 | Report Abuse

any research report to share?

Posted by chesslim > 2017-03-17 12:10 | Report Abuse

Want to come back rm5.00, i think need after bonus issue split .

Posted by cy91 > 2017-03-17 12:35 | Report Abuse

good good, drop to Rm5 i add more

Posted by ginvin > 2017-03-17 15:12 | Report Abuse

even now is a good entry point :D

Posted by gladiator > 2017-03-17 15:17 | Report Abuse

Magni should pay more dividend to shareholders and let shareholder invest them self with the dividend. Why Magni use excess cash to buy unit trusts and get tiny profit then distribute to share holders as dividend?

Posted by Saitama > 2017-03-17 15:35 | Report Abuse

Why dont u go agm and ask

Posted by deadchicken > 2017-03-17 15:36 | Report Abuse

I suspect fraud account.

Posted by deadchicken > 2017-03-17 15:49 | Report Abuse

They should use the cash to look for better M&A instead of buying unit trust.

Posted by cyeec2000 > 2017-03-17 16:02 | Report Abuse

M

Posted by cyeec2000 > 2017-03-17 16:02 | Report Abuse

M

Posted by ffforever > 2017-03-17 18:14 | Report Abuse

Even with good result and bull market sentiment the price did not move... sien la

Posted by K.H > 2017-03-17 18:19 | Report Abuse

Jan price 4.20 now 5.15

Posted by Saitama > 2017-03-17 18:27 | Report Abuse

Hahaha. Why u expecting it to move. When Q2 came out it went down. Thats when i have been accumulating. Drop more pls omg.

Posted by tecpower > 2017-03-17 18:34 | Report Abuse

外汇营收走高‧ 美特第三季多赚13%
外汇及营业额走高提振美特工业（MAGNI,7087,主板消费品组）业绩，截至2017年1月31日止第叁季，该公司净利起13.38%至2955万4000令吉，首3季净利掛8160万4000令吉，扬升28.98%。
http://www.sinchew.com.my/node/1624420/%E5%A4%96%E6%B1%87%E8%90%A5%E6%94%B6%E8%B5%B0%E9%AB%98%E2%80%A7-%E7%BE%8E%E7%89%B9%E7%AC%AC%E4%B8%89%E5%AD%A3%E5%A4%9A%E8%B5%9A13

Posted by tecpower > 2017-03-17 18:46 | Report Abuse

Valuation
Magni (trading at RM5.16 yesterday) has a trailing PE of 8.4 times (based on last 4 quarters' EPS of 61.73 sen). Its last 2 years' earning CAGR was at 50%; giving the stock a PEG ratio of less than 0.2x. At this PEG ratio, Magni's valuation is still very attractive.

Technical Outlook
Magni is in a long-term uptrend. The stock broke above the January 2016 high of RM4.60; signaling the continuation of the long-term uptrend.

Conclusion
Based on good financial performance, attractive valuation and bullish technical outlook, Magni remains a very good stock for long-term investment.

http://www.sharetisfy.com/2017/03/magni-7087-magni-tech-industries-bhd.html#more

Posted by optimus9199 > 2017-03-17 19:09 | Report Abuse

Will buy more if fall below. Rm5.00

Posted by tecpower > 2017-03-17 19:36 | Report Abuse

I think there is only one person on the board who wants to buy the stock below RM 5.0. Lol

Posted by tecpower > 2017-03-17 20:11 | Report Abuse

Tan Poay Seng did not sell the stock today. Ridiculous messages
The same person wrote the messages below.


Stock: [MAGNI]: MAGNI-TECH INDUSTRIES BHD
Mar 17, 2017 10:02 AM | Report Abuse

I will buy in if less than RM 5.00...Come come to me


Stock: [MAGNI]: MAGNI-TECH INDUSTRIES BHD
Mar 17, 2017 09:07 AM | Report Abuse

Disappointing opening price at 5.19

Stock: [MAGNI]: MAGNI-TECH INDUSTRIES BHD
Mar 16, 2017 10:42 PM | Report Abuse

I think tomorrow the price will go down... the director Tan Poay Seng who had bought alot at cheaper price before the release of results will sell it to reap profits.

Posted by suregain > 2017-03-17 20:19 | Report Abuse

Tis stock very testing patience one.. If u expect to rise, it wont up.. If dun expect to rise, it wil rise unexpectedly

Posted by tecpower > 2017-03-17 20:51 | Report Abuse

http://www.isaham.my/rank/overall

Interesting...

Posted by optimus9199 > 2017-03-18 07:52 | Report Abuse

@tecpower: it is good if Tan Poay Seng did not sell those shares. I would be happy if he sell all the shares purchased and cause the share price to drop....buy on rumour n sell on news concept.

By the way, he may be delayed in submitting his buy/sales contracts to Bursa...who knows? too early to tell now.

Posted by tecpower > 2017-03-18 09:31 | Report Abuse

You cannot read his intention. Of course, he may sell the stock in the future, but directors' selling can happen to every stock.

Posted by tecpower > 2017-03-18 12:13 | Report Abuse

MAGNI-TECH INDUSTRIES Fair Value 6.61
http://www.isaham.my/stock/magni

Posted by chshzhd > 2017-03-18 13:23 | Report Abuse

Variation of Results against Preceding Quarter (Qtr 2-FYR 2016) Revenue for the current quarter increased by 3.3% as compared to Qtr 2-FYR 2016.

Posted by chshzhd > 2017-03-18 13:24 | Report Abuse

Garment revenue improved by 3.7% mainly due to favourable foreign exchange rate

Posted by chshzhd > 2017-03-18 13:30 | Report Abuse

..but was partially weighed down by lower sale orders received:(

Posted by tecpower > 2017-03-18 14:40 | Report Abuse

But the stock is still too undervalued. The company is still on a growth path.

Posted by chshzhd > 2017-03-18 18:13 | Report Abuse

usually Q3 is the strongest quarter for magni, this time lower sale orders is not a good sign :(

Posted by tecpower > 2017-03-19 02:15 | Report Abuse

Net profit increased YoY by 13.38%. Good result.

Posted by optimus9199 > 2017-03-19 07:28 | Report Abuse

Buy as much as possible

Posted by tecpower > 2017-03-19 19:27 | Report Abuse

A lot of foreigners have started buying malaysian stocks. That means undervalued stocks will most likely consolidate as even mediocre stocks are expected to consolidate.

Posted by suregain > 2017-03-21 12:24 | Report Abuse

c, now go go go

Posted by tecpower > 2017-03-21 18:19 | Report Abuse

Foreign funds have been buying the stock as it is an undervalued stock.

Posted by tecpower > 2017-03-21 19:45 | Report Abuse

The stock price will be boosted by Alibaba as Magni-Tech produces plastic boxes,etc.

Posted by optimus9199 > 2017-03-21 22:28 | Report Abuse

up up up

Posted by suregain > 2017-03-22 10:04 | Report Abuse

strong

Posted by ooihk899 > 2017-03-22 11:29 | Report Abuse

5.31 now

Posted by cy91 > 2017-03-22 11:47 | Report Abuse

haiihhh no chance to buy more to collect dividend!!!

Posted by optimus9199 > 2017-03-22 13:52 | Report Abuse

535 multi year high huat ahh

Posted by tecpower > 2017-03-22 23:20 | Report Abuse

The stock price will be boosted by e-commerce growth in Malaysia.

Posted by Thelastone > 2017-03-23 12:26 | Report Abuse

One smart Alex put up 100,000 shares to sell at 5.30 just now after share price touched 5.32 in low volume!!???

Posted by Saitama > 2017-03-23 13:26 | Report Abuse

boy you guys really watch share price every second...

Posted by Thelastone > 2017-03-23 13:51 | Report Abuse

Haha...when the price is up then watch lah!
But when it is dropping...tutup mata and no eye see loh!

Posted by ooihk899 > 2017-03-23 19:33 | Report Abuse

Nike revenue drop, yesterday became worst performing stock, drop 7%.

Posted by ooihk899 > 2017-03-23 19:34 | Report Abuse

Hopefully Magni manage to diversity. Hopefully their capex is not base on Nike order.

Posted by tecpower > 2017-03-23 22:01 | Report Abuse

Due to its low P/E and expected e-commerce growth in Malaysia the stock is still attractive.

Posted by tjunkie > 2017-03-23 22:06 | Report Abuse

ummm what does e-commerce have to do with Magni?

Posted by tecpower > 2017-03-23 23:09 | Report Abuse

Magni-Tech Industries is involved in the manufacturing and sales of garments, manufacturing and distribution of inner packaging boxes, flexible plastic packaging materials and corrugated fibre-board cartons

Posted by gooman > 2017-03-23 23:47 | Report Abuse

corrugated fibre-board cartons
http://howtobuypackaging.com/common-types-of-boxes/