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

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-14 09:45 | Report Abuse

yeah.....it's only through such problem that we can pick up bargain. If not i think magni with its superb ROE (above 20%) should at least deserve the same PE as Padini at 16.

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-14 10:07 | Report Abuse

my software detected huge volume

ADGH345

34 posts

Posted by ADGH345 > 2017-08-14 10:26 | Report Abuse

Huge selling not much effect to the share price.

CKNGCKI3

24 posts

Posted by CKNGCKI3 > 2017-08-14 19:23 | Report Abuse

stop spreading rumors here !

cyeec2000

994 posts

Posted by cyeec2000 > 2017-08-14 20:12 | Report Abuse

I am happy if magnitech shares can be lowered more, cheaper shares can be brought more..

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-16 13:33 | Report Abuse

up up up!!!

ADGH345

34 posts

Posted by ADGH345 > 2017-08-16 15:56 | Report Abuse

Hullo, Master FENG SHUI !!!

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-16 22:41 | Report Abuse

what correlation btw Magni and feng shui?

omgimnoob

514 posts

Posted by omgimnoob > 2017-08-17 21:27 | Report Abuse

No up no Feng shui, up got feng shui?

Victor Tan

117 posts

Posted by Victor Tan > 2017-08-23 00:42 | Report Abuse

Nike down, Magni down soon. And yes the public float issue. I'm a fan of this stock, sold first collecting lower.

Posted by BULL10BEAR10 > 2017-08-23 08:49 | Report Abuse

all because of feng shui..

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-23 08:50 | Report Abuse

Buy as much as possible

Posted by BULL10BEAR10 > 2017-08-23 08:58 | Report Abuse

how's is their non-nike business?

ooihk899

2,057 posts

Posted by ooihk899 > 2017-08-23 11:46 | Report Abuse

Pls do your own homework lo, already so many article written about this counter.

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-24 16:08 | Report Abuse

huat ar wind water~

clvhch

15 posts

Posted by clvhch > 2017-08-27 17:42 | Report Abuse

Up,up and up.profit,profit and profit.yes,I very confident to park my hard earn money to magni too.cheers

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-27 21:41 | Report Abuse

@Francesca

aiyo, 30% already let go ah? how many stocks do you have in your portfolio? if like that keep swapping?

why not hold until multibagger? =)

CKNGCKI3

24 posts

Posted by CKNGCKI3 > 2017-08-29 22:32 | Report Abuse

Francesca,what u shared subsequently do make some investment sense..and thanks for the clarifications..cheers !

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-30 17:15 | Report Abuse

wow Magni announced special and interim div of 7sen!

CKNGCKI3

24 posts

Posted by CKNGCKI3 > 2017-08-30 19:16 | Report Abuse

@Francesca..Not sure if I am sensible in investing...been holding Magni for more than a year and top up some during the year..not too worry about George Soros..

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-08-30 23:32 | Report Abuse

tq @Francesca

pls share more. i newbie. i should sit at ur feet and listen to your advice.

im too naive to think that magni can survive the crisis and rose again.

Posted by MoneyFace88 > 2017-09-01 20:20 | Report Abuse

This is a miss universe stock that if you buy just need wait for it to rise and rise and at night when you sleep you can sleep soundly.

Posted by MoneyFace88 > 2017-09-01 23:11 | Report Abuse

Wow, I enjoyed reading what Francesca has written , truly shows someone with immense experience in stock market and with substance. Thank You

Posted by shareinvestor88 > 2017-09-02 11:23 | Report Abuse

Dear Francessca what stocks are u currently holding ?

Posted by Dave Kok Boon > 2017-09-05 17:13 | Report Abuse

Such a beautiful stock , still cheap :)

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-09-05 17:14 | Report Abuse

hav u read the latest annual report? you should =)

Posted by resilient911 > 2017-09-05 22:35 | Report Abuse

Total revenue - sales to external customers


2017 2016 Variance
Malaysia 124,846,325 121,778,691 3%
Vietnam - - nil
United States of America 328,946,617 250,056,560 32%
European countries 306,646,184 204,608,531 50%
China 155,355,768 90,949,532 71%
Other Asian countries 95,907,213 79,872,758 20%
South America 45,884,382 42,357,278 8%
North America 34,043,081 23,048,008 48%
Australia 20,795,472 17,625,855 18%
Africa 6,781,590 5,061,551 34%
Others* 20,740,654 18,707,536 11%

Total 1,139,947,286 854,066,300 33%

Posted by resilient911 > 2017-09-05 22:35 | Report Abuse

Sales increase tremendously.

Malaysia 3%
Vietnam
United States of America 32%
European countries 50%
China 71%
Other Asian countries 20%
South America 8%
North America 48%
Australia 18%
Africa 34%
Others* 11%

Total 33%

Posted by Dave Kok Boon > 2017-09-06 14:39 | Report Abuse

It's better to buy a wonderful company at fair price rather than buying a good company at undervalued price . I think magni tech is a wonderful company slightly undervalued . Target price $8+

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-09-06 14:41 | Report Abuse

If tP is 8.00 too expensive to buy now.

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-09-06 14:43 | Report Abuse

Major shareholders r beginning to sell now. Haha.....careful chasing at high.

Posted by MoneyFace88 > 2017-09-06 14:50 | Report Abuse

I wanted to buy and warned by many sifus to be careful. You can see PERBADANAN NASIONAL BERHAD and DATO' DR. TENGKU RETHWAN BIN TENGKU MANSOR disposing millions of shares.

Something is brewing, read what Francesca has written.

Not trying to create fear, fundamental is really really good, logically if super FA, why these 2 major shareholders throwing ? Political reason ?

Posted by Dave Kok Boon > 2017-09-06 15:47 | Report Abuse

It's cash flow adjusted roe is about 24% , while the adjusted PE is about 13 ...
PE(value)=13
ROE(quality)=24
Value/quality=0.54

Still way undervalued for such a high quality company with good management track records.

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-09-06 15:50 | Report Abuse

i prefer to take dividend off the profit for ROE calculation, so that i can see how much is reinvested in the company for future growth.

Answer? 3% Div, 20% ROE. PE 10. =)

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-06 17:16 | Report Abuse

PNB are slowly disposing Magni shares and flooding them into the market

ooihk899

2,057 posts

Posted by ooihk899 > 2017-09-06 17:25 | Report Abuse

How to flood the market if it is an off market transaction??

myone99

51 posts

Posted by myone99 > 2017-09-06 21:12 | Report Abuse

Disposal shares by some big boys is good in a way can clear some road blocks. There are some parties willing to buy at 7.25 means that they expect the share price to go up further. That is a positive side.

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-09-07 21:43 | Report Abuse

@myone99

how to know they transact at 7.25? bursa?

michaelwong

3,072 posts

Posted by michaelwong > 2017-09-08 16:34 | Report Abuse

Francesca your content of this article has rapped me up to buy more as many feel unsafe to buy at the current price of 7++. Some might feel it's nearing the target price of about RM 8 and would not has chosen to risk themselves with limited room for further uptrend. Thnks for your great sharings and I give you 10 likes for this article. Cheers and may God bless your overseas journey safely back home !

tonynet

12 posts

Posted by tonynet > 2017-09-09 16:34 | Report Abuse

This is a typical good business with fair value.

4444

1,800 posts

Posted by 4444 > 2017-09-10 16:19 | Report Abuse

RM likely to trade firmer against USD next week
http://klse.i3investor.com/servlets/fdnews/236690.jsp

Posted by BULL10BEAR10 > 2017-09-11 23:41 | Report Abuse

Hi Magni

Posted by BULL10BEAR10 > 2017-09-11 23:43 | Report Abuse

Hello, DATO' DR. TENGKU RETHWAN BIN TENGKU MANSOR

Sam Mich

15 posts

Posted by Sam Mich > 2017-09-12 20:19 | Report Abuse

Anyone going for the AGM? Can update here the content? Is it small shareholder like me can attend? I'm a nobody lol

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-12 20:30 | Report Abuse

Yes u may attendt the AGM, even u are holding 100 shares only. If your Magni shares are with a non margin account, u may just walk in to the AGM on the day with your IC. If your shares are Margin account, pls ask your investment bank to provide u a letter saying u r holding Magni shares in the bank.

cyeec2000

994 posts

Posted by cyeec2000 > 2017-09-12 20:33 | Report Abuse

To whom the dato disposed the shares?

Posted by MoneyFace88 > 2017-09-12 20:44 | Report Abuse

till date , PNS has disposed 3,375,000 out of 11,481,500 shareholding , the disposal is about 30% of total holding. Anything fishy and anything to be worried ?

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-09-12 21:09 | Report Abuse

Nike business losing business to Adidas in US. How can Magni business b good as it depends mostly on Nike?

Posted by MoneyFace88 > 2017-09-12 21:12 | Report Abuse

Do you have anything to substantiate what you have said that Nike losing business to adidas ?

anonboy

491 posts

Posted by anonboy > 2017-09-12 21:20 | Report Abuse

Thinking of Buying Nike Shares? Just Don’t
http://www.barrons.com/articles/thinking-of-buying-nike-shares-just-dont-1504932399

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