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 > 2017-06-20 10:51 | Report Abuse

Good result out soon, stay tuned =)

cyeec2000

994 posts

Posted by cyeec2000 > 2017-06-22 21:39 | Report Abuse

Wisevictor: really?

lsv1977final

1,446 posts

Posted by lsv1977final > 2017-06-22 22:12 | Report Abuse

cyeec2000, why not?

WiseVictor

148 posts

Posted by WiseVictor > 2017-06-23 10:21 | Report Abuse

Go read their quarter and annual report u will know it =)

cyeec2000

994 posts

Posted by cyeec2000 > 2017-06-23 10:28 | Report Abuse

Wisevictor: ok.. isv1977final: if not mistaken, I still remembered someone has bad comment on company last quarter, but I am still holding it regardless that comment

optimus9199

2,794 posts

Posted by optimus9199 > 2017-06-23 10:54 | Report Abuse

6.65 now

lsv1977final

1,446 posts

Posted by lsv1977final > 2017-06-24 10:05 | Report Abuse

Huat ar

ooihk899

2,057 posts

Posted by ooihk899 > 2017-06-24 16:00 | Report Abuse

Haiz, still no QR yet. I thought is on 23rd.

Posted by shareinvestor88 > 2017-06-25 21:54 | Report Abuse

Next week

RainT

8,448 posts

Posted by RainT > 2017-06-28 15:35 | Report Abuse

Either today or tomorrow

Only 3 days left before June end

ginvin

206 posts

Posted by ginvin > 2017-06-28 17:43 | Report Abuse

price movement indicates good result?

dextronium

282 posts

Posted by dextronium > 2017-06-28 18:05 | Report Abuse

Yes very goid. 7 sen divvy.

K.H

293 posts

Posted by K.H > 2017-06-28 18:06 | Report Abuse

Quarter results financial period ended 30 Apr 2017 :)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5471861

cyeec2000

994 posts

Posted by cyeec2000 > 2017-06-28 18:07 | Report Abuse

Very good result

CCCL

621 posts

Posted by CCCL > 2017-06-28 18:29 | Report Abuse

Spectacular Result!

denialC

21 posts

Posted by denialC > 2017-06-28 18:30 | Report Abuse

revenue & profit the best ever!

Slash_13

53 posts

Posted by Slash_13 > 2017-06-28 18:51 | Report Abuse

wat shld I do now?=)

smoking

90 posts

Posted by smoking > 2017-06-28 18:52 | Report Abuse

Syukur..nasib baik aku all in dan hold dari Q2 lagi!! Duit raya

George NG

64 posts

Posted by George NG > 2017-06-28 18:55 | Report Abuse

7 cent is much

ooihk899

2,057 posts

Posted by ooihk899 > 2017-06-28 18:56 | Report Abuse

Many thanks to the management team.

Posted by everyonecan > 2017-06-28 19:27 | Report Abuse

huat ah! all time high!

Posted by everyonecan > 2017-06-28 19:31 | Report Abuse

RM8 is not impossible!

lsv1977final

1,446 posts

Posted by lsv1977final > 2017-06-28 19:56 | Report Abuse

Wow, excellent result

Posted by Adrian Keat > 2017-06-28 20:04 | Report Abuse

Tmr break new high again ? The dividend i dont understand any sifu can highlight ?

K.H

293 posts

Posted by K.H > 2017-06-28 20:22 | Report Abuse

Magni-Tech announces higher dividend after profit doubles in 4Q | http://www.klsescreener.com/v2/news/view/249583

tenmil

98 posts

Posted by tenmil > 2017-06-28 20:56 | Report Abuse

Good result and dividend growth meet expectations too. This management team is on the roll.

ginvin

206 posts

Posted by ginvin > 2017-06-28 20:57 | Report Abuse

RM8 coming soooon!

tenmil

98 posts

Posted by tenmil > 2017-06-28 20:57 | Report Abuse

Even better stuff, the inventory growth by more than 20%! Next quarter will keep rolling!

tenmil

98 posts

Posted by tenmil > 2017-06-28 20:59 | Report Abuse

Thanks to Dr Neoh for introducing this company to ikan bilis investor like me.

tealeaf

196 posts

Posted by tealeaf > 2017-06-28 21:34 | Report Abuse

hoseh......

cy91

397 posts

Posted by cy91 > 2017-06-28 23:04 | Report Abuse

RM10 la!!!

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-06-28 23:12 | Report Abuse

after releasing a good quarter magni will see a profit taking, many quarters I saw that happened, likely tomoro opening up but then will drop back

suregain

1,611 posts

Posted by suregain > 2017-06-28 23:15 | Report Abuse

Yup.. those who chase good luck... history oredi shown

nikicheong

2,497 posts

Posted by nikicheong > 2017-06-28 23:34 | Report Abuse

I think this time different. Look at the increase in the BV/share, and also at the ROE. Both are super high. I reckon if this type of performance is sustained going forward, Magni is undervalued. But of course, I haven't looked at the financial statement so I don't know if there's any caveats.

lsv1977final

1,446 posts

Posted by lsv1977final > 2017-06-29 01:06 | Report Abuse

Suregain again. Penta also you said like that. You really a hantu

optimus9199

2,794 posts

Posted by optimus9199 > 2017-06-29 05:57 | Report Abuse

MAGNIficient results. Hope to see it break RM 10.00 soon.

Patrick13

1,971 posts

Posted by Patrick13 > 2017-06-29 07:55 | Report Abuse

Congrats to all investors!

Posted by everyonecan > 2017-06-29 08:20 | Report Abuse

vincent tan owns a big chunk of shares last time and he is selling non-stop, that is why you saw profit taking every quarter. if you really see another profit taking again, what are you waiting for? buy and keep la...

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-06-29 08:27 | Report Abuse

congrats magni shareholder =)

WiseVictor

148 posts

Posted by WiseVictor > 2017-06-29 09:22 | Report Abuse

This company really bull as in NAPS, ROE, net profit margin, dividend, earning ratio every quarter increase o.O

nikicheong

2,497 posts

Posted by nikicheong > 2017-06-29 09:31 | Report Abuse

I look at financial statement. The huge increase in NAPS is due to UNIT TRUST investments. We know that this year the stock markets are very good, almost 20% returns for a global portfolio from Dec - April 2017. So...I will take that with a pinch of salt. As quickly as the UNIT TRUST value increase, it can decrease.

Posted by avex546322 > 2017-06-29 10:23 | Report Abuse

Good result and good prospect, FIFA world cup and winter Olympic is coming.

gnail

343 posts

Posted by gnail > 2017-06-29 10:26 | Report Abuse

Walan eh, I bought 4 years ago only RM 1.38,...... Now rm7.4

Meowyx

342 posts

Posted by Meowyx > 2017-06-29 10:30 | Report Abuse

Magni is overrated or overvalue by now , better sell now .If i am not mistaken , the price will fall soon. whoever just bought ,better dont too greedy , the fall is coming
But still it is ok to hold for long term .

WiseVictor

148 posts

Posted by WiseVictor > 2017-06-29 10:43 | Report Abuse

Just wait and monitor. Only knowledgeable, patient and self-discipline people can gain money in stock market.

tenmil

98 posts

Posted by tenmil > 2017-06-29 10:58 | Report Abuse

没成长,不要买。有成长,不要卖。

denialC

21 posts

Posted by denialC > 2017-06-29 11:00 | Report Abuse

base on hist PE should be around 10, this year maybe be different!

Posted by truthseeker516 > 2017-06-29 11:01 | Report Abuse

current PE is about 10, before the report announced was around 10.5. To go back to P/E 10.5 price has to go up to RM7.75

However the following facts would push the price or P/E even further:

1) Revenue new historical high
2) Profit new historical high
3) EPS new historical high
4) Higher special dividend
5) There are four more dividends coming this year

I suspect bonus issue may soon be declared as well due to low volatility of this counter.

TP RM8.10 with P/E 11

blueberg

281 posts

Posted by blueberg > 2017-06-29 11:01 | Report Abuse

Congrats to magni shareholders.

ooihk899

2,057 posts

Posted by ooihk899 > 2017-06-29 11:02 | Report Abuse

The management is putting the cash in good use by buying some unit trust, Not like KSeng, so mucj cash but let it idle for more tham 10 yrs. That why cannot go up

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