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

Posted by HebeiFortune > 2017-06-29 13:10 | Report Abuse

buy since RM1. Keep until now. 700%

WinnerWay

101 posts

Posted by WinnerWay > 2017-06-29 13:38 | Report Abuse

HebeiFortune, your should be more than 700% since it has bonus issue before.

George NG

64 posts

Posted by George NG > 2017-06-29 14:05 | Report Abuse

buy since rm 1 should be 1400% return

probability

14,490 posts

Posted by probability > 2017-06-29 14:10 | Report Abuse

MAG = Mother of All Growth
NI = Necessary Investment

WiseVictor

148 posts

Posted by WiseVictor > 2017-06-29 14:43 | Report Abuse

Once good result out, so many people come out talk bullshit and try to be god of stock market =D

probability

14,490 posts

Posted by probability > 2017-06-29 14:53 | Report Abuse

yeah..including those with less than 100 comments..he he..

ooihk899

2,057 posts

Posted by ooihk899 > 2017-06-29 14:57 | Report Abuse

Probability sifu , you also here ar.

nakata

307 posts

Posted by nakata > 2017-06-29 15:05 | Report Abuse

Congrats to those who hold Magni counter

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-06-29 15:06 | Report Abuse

This company must be belong to mother of WiseVictor, if not, then his grandfather.

WiseVictor Once good result out, so many people come out talk bullshit and try to be god of stock market =D
29/06/2017 14:43

WiseVictor

148 posts

Posted by WiseVictor > 2017-06-29 15:20 | Report Abuse

Stock Kingdom, I hold Magni and others share for long period already, that is why I saw a lot promoter/spoiler in stock market. When someone holding the stock, they sure promote. On the other hand, when people sell and see the price going up OR they want to buy certain share, they sure trying to say something bad about it. It is just too common.

WinnerWay

101 posts

Posted by WinnerWay > 2017-06-29 15:32 | Report Abuse

I hold it for 2 years plus and very satisfy with its performance. 知己不必多,好股不必多!

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-06-29 15:36 | Report Abuse

Wah Probability sifu besides good in analysis is aso Master in acronym


Posted by probability > Jun 29, 2017 02:10 PM | Report Abuse

MAG = Mother of All Growth
NI = Necessary Investment

chinesetea

1,390 posts

Posted by chinesetea > 2017-06-29 16:14 | Report Abuse

:-)

ADGH345

34 posts

Posted by ADGH345 > 2017-06-29 17:21 | Report Abuse

I love Magni

veln82k6

914 posts

Posted by veln82k6 > 2017-06-29 17:56 | Report Abuse

)) thank you magni

Posted by shareinvestor88 > 2017-06-29 17:58 | Report Abuse

Yes better sell now . Can i buy from you ?

ehtan

219 posts

Posted by ehtan > 2017-06-29 18:13 | Report Abuse

good stock, keep for whole life

Slash_13

53 posts

Posted by Slash_13 > 2017-06-29 18:25 | Report Abuse

good management, bravo

optimus9199

2,794 posts

Posted by optimus9199 > 2017-06-29 18:27 | Report Abuse

Hope tomorrow can reach rm. 8.00

Meowyx

342 posts

Posted by Meowyx > 2017-06-29 20:33 | Report Abuse

reach rm 8? run pls , very obvious wan fall le
LONDON BRIDGE IS FALLING DOWN

Posted by shareinvestor88 > 2017-06-29 20:53 | Report Abuse

Yes pls run. Can i buy from you ? Pass me your contact number. I ask my remisier to arrange with u.

Posted by shareinvestor88 > 2017-06-29 23:19 | Report Abuse

Yes sell and run. But i will buy more.
Dear meow pls seĺl n run

RainT

8,448 posts

Posted by RainT > 2017-06-29 23:53 | Report Abuse

Price at 7 already new high ....still can buy more ....
Can up until RM 10 per share ????

michaelwong

3,072 posts

Posted by michaelwong > 2017-06-30 00:51 | Report Abuse

Sometimes you got to bear in mind not only the stock...... look like the Nasdaq future index are beginning to show signs of weakness that can insignificantly impact stocks prices.lf the world markets indices can be sustainable for longer term, there is still room for magni to reach RM 8.
What really concerned me first is still the market's sentiments b4 any stock could rise further.

Posted by Kyden Ooi Chee Wei > 2017-06-30 08:35 |

Post removed.Why?

omgimnoob

514 posts

Posted by omgimnoob > 2017-06-30 09:35 | Report Abuse

The company not investing more into the business but buy unit trust? Buy Nike shares? Why??? Someone enlighten me??!!

limcs

157 posts

Posted by limcs > 2017-06-30 09:51 | Report Abuse

rm8 ?!

ooihk899

2,057 posts

Posted by ooihk899 > 2017-06-30 10:05 | Report Abuse

Good choice of investing in unit trust rather than some company just keep the cash in bank or simply diversify into other business which is not their expertise. It shows that the management is trying to milk to tje maximum with whatever they have from their asset.

ooihk899

2,057 posts

Posted by ooihk899 > 2017-06-30 10:08 | Report Abuse

I believe the management will use the money when opportunities arise.

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-06-30 10:17 | Report Abuse

Shud management return excess money to shareholders if it is of no use for business?

michaelwong

3,072 posts

Posted by michaelwong > 2017-06-30 10:49 | Report Abuse

Vow ! Impressive and new high again . .......thnks magni management for the big fortune angpow .

nikicheong

2,497 posts

Posted by nikicheong > 2017-06-30 10:51 | Report Abuse

Management should use money to buy and take over plants in China and Vietnam and Bangladesh and Indonesia.

Posted by truthseeker516 > 2017-06-30 10:56 | Report Abuse

Positive facts of this counter

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

TP RM8.10 with P/E 11 till next quarter.

goodguess

294 posts

Posted by goodguess > 2017-06-30 11:03 | Report Abuse

another scientex

goodguess

294 posts

Posted by goodguess > 2017-06-30 11:05 | Report Abuse

bonus issue

goodguess

294 posts

Posted by goodguess > 2017-06-30 11:17 | Report Abuse

theres only 163 million shares. free float apart from instituitional holders is 29% which is about 47 million shares. divide it into 1,000 shares per lot is only 47,000 lots. So sellers once change hands will be difficult to buy back at low price. Hold tight woh.....

Posted by truthseeker516 > 2017-06-30 11:51 | Report Abuse

@goodguess I wonder that too. Normally when price jumps too much it should correct/retrace at least 20 - 30 %. But counter like this, high price low volume, does not really retrace. Another good example which I observed is vitrox, about the same price and volume range.

Does it mean low volume shares have less to none intraday trader / 抄家 :'D

Posted by avex546322 > 2017-06-30 12:29 | Report Abuse

towards RM8.00

michaelwong

3,072 posts

Posted by michaelwong > 2017-06-30 12:46 | Report Abuse

By 2morrow can see the 8 figure......fatt.....fatt......fatt !

michaelwong

3,072 posts

Posted by michaelwong > 2017-06-30 12:52 | Report Abuse

Awesome

traderman

7,854 posts

Posted by traderman > 2017-06-30 13:02 | Report Abuse

tp 10

WinnerWay

101 posts

Posted by WinnerWay > 2017-06-30 13:16 | Report Abuse

If there is bonus issue announce, i believe its price will move further like there is no tomorrow.

omgimnoob

514 posts

Posted by omgimnoob > 2017-06-30 13:26 | Report Abuse

Will the invested unit trust buy magni shares? Or buy Nike shares? Why unit trust? I don't understand....

RainT

8,448 posts

Posted by RainT > 2017-06-30 13:54 | Report Abuse

MagnI have extra cash so they buy unit trust to invest

Unit trust can consider as high liquid but return will be better than keep in FD

ivan9511

3,854 posts

Posted by ivan9511 > 2017-06-30 14:24 | Report Abuse

lucky bought yesterday. will up till 9 ringgit or 10.00 ringgit my target sell price

michaelwong

3,072 posts

Posted by michaelwong > 2017-06-30 14:52 | Report Abuse

Investing in units trust by magni is a right move as we have seen the stock markets around the globe have been performing very well for the past to three years. Units trust stand a lower risks as compared to stock markets and most of our FD place in bank are utilised to invest in units trust or bonds. Investors like us are more preferably to invest in stock markets with higher returns but for units trust only bank with excessive funds are capable of investing since the returns are lesser in many ways as compared to stock markets.

michaelwong

3,072 posts

Posted by michaelwong > 2017-06-30 15:01 | Report Abuse

Reaching RM 8 quite eager to sell but however greed tends to hold me back awhile. Looking at several high performance stocks like mpi , kesmi and vitrox are keeping on surging and there is no accurate tp in place to suggest its true value. Hope magni can joined this powerful stocks team's to reach 9or 10 in the near term.

lcng123

1,121 posts

Posted by lcng123 > 2017-06-30 16:25 | Report Abuse

Nike announced 2017 4th quarter result yesterday.

NIKE, INC. REPORTS FISCAL 2017 FOURTH QUARTER
AND FULL YEAR RESULTS
• Fourth quarter revenues up 5 percent to $8.7 billion; 7 percent growth on a currency-neutral
basis*
• Fourth quarter diluted earnings per share increased 22 percent to $0.60
• Fiscal 2017 revenues up 6 percent to $34.4 billion; 8 percent growth on a currency-neutral
basis*
• Fiscal 2017 diluted earnings per share increased 16 percent to $2.51
• Inventories up 4 percent as of May 31, 2017

ivan9511

3,854 posts

Posted by ivan9511 > 2017-06-30 17:36 | Report Abuse

ya agreed. will till 10 ringgit now this is the hot counter.
people keep invest in magni
good job

Meowyx

342 posts

Posted by Meowyx > 2017-06-30 17:41 | Report Abuse

shareinvestor88
dah sell hari ini , ada beli ke?
good luck , this time u really 88 d :D
hope u buy more more then u baru know what is lose gao gao till no pants wear

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