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

gooman

774 posts

Posted by gooman > 2017-03-24 00:03 | Report Abuse

The Oregon-based company posted earnings of $0.68 per share, representing growth of 24% year-over-year and beating the Zacks Consensus Estimate of $0.52 per share. Though revenues grew 5% year-over-year to $8.42 billion, it fell short of the Zacks Consensus Estimate of $8.44 billion.

One of the biggest factors that caused Nike's stock to drop is that the company's future orders declined by 1%, excluding the effects of currency fluctuation. Bloomberg reported that analysts had predicted a 3.4% gain. The sportswear maker forecasted single digit revenue growth for the current quarter as well.
http://www.nasdaq.com/article/the-zacks-analyst-blog-highlights-nike-under-armour-and-adidas-cm764731#ixzz4cAKCBMcc

gooman

774 posts

Posted by gooman > 2017-03-24 00:19 | Report Abuse

By category, apparel saw the strongest growth for Nike Brand, growing 9 percent on a currency-neutral basis to $2.3 billion. Footwear grew 7 percent on a currency-neutral basis to $5.3 billion. Equipment sales were down 7 percent on a currency-neutral basis to $321 million.
https://sgbonline.com/nike-q3-boosted-by-international-gains/

ooihk899

2,057 posts

Posted by ooihk899 > 2017-03-24 08:32 | Report Abuse

Thank you for the info provided

gooman

774 posts

Posted by gooman > 2017-03-25 20:15 | Report Abuse

iSaham Stock Screener

MAGNI-TECH INDUSTRIES is the hottest stock. Total score of 17.7
Its Fair Value changed from RM 6.61 to RM 6.86.
http://www.isaham.my/rank/overall

tecpower

3,536 posts

Posted by tecpower > 2017-03-27 15:11 | Report Abuse

why is the stock price dropping? Magni-Tech has nothing to do with Nike shoes or equipments. It has got something to do with only Nike clothes.

gooman

774 posts

Posted by gooman > 2017-03-27 16:07 | Report Abuse

Nike's stock price rebounded.
http://finance.yahoo.com/quote/NKE?ltr=1

gooman

774 posts

Posted by gooman > 2017-03-27 20:15 | Report Abuse

Bursa Malaysia Small Cap
https://www.investing.com/indices/ftse-malaysia-small-cap-advanced-chart

Today Bursa Malaysia Small Cap plunged. That's why MAGNI-TECH INDUSTRIES dropped by 0.95%.

tecpower

3,536 posts

leekh5555

544 posts

Posted by leekh5555 > 2017-03-29 18:07 | Report Abuse

bodoh bodoh pegang la kaunter ini, dividend 3 bulan sekali...mana tau sikit hari management kasi bonus shares..

guess1978

260 posts

Posted by guess1978 > 2017-03-30 22:01 | Report Abuse

at this price, earned the div buta

guess1978

260 posts

Posted by guess1978 > 2017-03-30 22:34 | Report Abuse

good report

guess1978

260 posts

Posted by guess1978 > 2017-03-30 22:40 | Report Abuse

thanks tecpower for your posting!

guess1978

260 posts

Posted by guess1978 > 2017-04-01 07:07 | Report Abuse

post at wrong site?

bluelight

147 posts

Posted by bluelight > 2017-04-03 19:11 | Report Abuse

Share price stagnant after good quarter result, look like need to continue to wait and collect dividend

suregain

1,611 posts

Posted by suregain > 2017-04-04 21:29 | Report Abuse

No power... Think of sell tomorow

Thelastone

277 posts

Posted by Thelastone > 2017-04-04 23:41 | Report Abuse

Large shareholders after receiving dividend $$ on 12/4/17 might want to put money back into Magni and buy somemore shares.May be bonus is coming some time this year!

suregain

1,611 posts

Posted by suregain > 2017-04-05 10:26 | Report Abuse

sold 5.11.... put resources to other counter

ooihk899

2,057 posts

Posted by ooihk899 > 2017-04-05 18:36 | Report Abuse

Haiz, many counter fly already this counter still sleeping. Go dowm somemore.

tecpower

3,536 posts

Posted by tecpower > 2017-04-05 23:08 | Report Abuse

I have already sold the stock as tech/construction stocks were more appealing to me. I may come back later when tech stocks get too expensive.

Sam Mich

15 posts

Posted by Sam Mich > 2017-04-06 13:02 | Report Abuse

I thought this is good counter but looks like im wrong.. Price so boring and going down somemore :(

Saitama

43 posts

Posted by Saitama > 2017-04-06 14:09 | Report Abuse

U zoom into a particular period it looks like its going down. U zoom out to more than 1 year then u tell me what picture you see. In the short term markets are unpredictable, but in the long term with good fundamentals you see a different picture.

tjunkie

123 posts

Posted by tjunkie > 2017-04-06 16:30 | Report Abuse

@Sam MIch u judge a counter good or bad by daily price fluctuation? hmmmmmm

optimus9199

2,794 posts

Posted by optimus9199 > 2017-04-06 20:06 | Report Abuse

GOOD...u sell, I buy

guess1978

260 posts

Posted by guess1978 > 2017-04-07 10:10 | Report Abuse

looks attractive

Jon Choivo

3,668 posts

Posted by Jon Choivo > 2017-04-07 10:21 | Report Abuse

Hmm probably time to top up soon.

guess1978

260 posts

Posted by guess1978 > 2017-04-07 10:30 | Report Abuse

press down the price so that we can top up when dividend received next week?

Thelastone

277 posts

Posted by Thelastone > 2017-04-07 10:48 | Report Abuse

Wow,below rm5.00!

cynachen

134 posts

Posted by cynachen > 2017-04-07 10:58 | Report Abuse

waiting to collect more if drop below 4.90, long term divi defensive stock.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-04-07 11:45 | Report Abuse

wow cheap sales....collected at 4.97

Thelastone

277 posts

Posted by Thelastone > 2017-04-07 12:11 | Report Abuse

Next Monday can buy a bit more as dividend coming in on Wednesday 12/4/17

cy91

397 posts

Posted by cy91 > 2017-04-07 12:54 | Report Abuse

drop more just buy more!

RainT

8,448 posts

Posted by RainT > 2017-04-07 14:54 | Report Abuse

Buy ????

RainT

8,448 posts

Posted by RainT > 2017-04-07 14:54 | Report Abuse

Coming future prospect of Magni good ????

cy91

397 posts

Posted by cy91 > 2017-04-07 14:58 | Report Abuse

usd have been at this level for so long, magni export.. last chance for u to buy lo

cynachen

134 posts

Posted by cynachen > 2017-04-07 15:30 | Report Abuse

@thelastone ex-date passed liao....

Sam Mich

15 posts

Posted by Sam Mich > 2017-04-07 16:28 | Report Abuse

wow drop like lao sai!! Those never sell like me when price higher a bit cry 3X lo huhuhu

ooihk899

2,057 posts

Posted by ooihk899 > 2017-04-07 17:18 | Report Abuse

I thought with you all buying price should not drop?

RainT

8,448 posts

Posted by RainT > 2017-04-07 19:21 | Report Abuse

Join on board Magni finally at 4.97

Wish me luck

RainT

8,448 posts

Posted by RainT > 2017-04-09 13:10 | Report Abuse

If fall below 5.00 to collect more

A good move ? ??

Saitama

43 posts

Posted by Saitama > 2017-04-10 17:36 | Report Abuse

u just got ur answer

omgimnoob

514 posts

Posted by omgimnoob > 2017-04-11 10:00 | Report Abuse

Dividend yield is low now

Xu Yu Fu

203 posts

Posted by Xu Yu Fu > 2017-04-12 13:16 | Report Abuse

PE still very low 8.08 for a net cash and dividend yield of 4.21% company.

RainT

8,448 posts

Posted by RainT > 2017-04-13 15:34 | Report Abuse

Why cannoy above 5

RainT

8,448 posts

Posted by RainT > 2017-04-13 15:35 | Report Abuse

Still have room for price go up ?

Seem stuck at below 5

Even fundamental of Magni is good but seem share price cannot move

skyjet

537 posts

Posted by skyjet > 2017-04-13 21:55 | Report Abuse

Don't listen to this suck optimus9199 comment, any stock that optimus9199 buy/hold, better sell, else you will regret. Don't listen to this lier.

DL05

25 posts

Posted by DL05 > 2017-04-14 09:28 | Report Abuse

but Optimus buying this stock when it was 4.16 now is 4.97...

guess1978

260 posts

Posted by guess1978 > 2017-04-18 08:41 | Report Abuse

this stock buy and keep for div enough

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