Posted by ihelpyouUhelpme > 2017-09-15 23:57 | Report Abuse

Seeing the balance sheet... it seems to have become healthier (correct me if i'm wrong)... should be still safe kooooottt...
QOQ drop a little only price drop like no tomorrow.
when Q4 up 100+% also no up like no tomorrow haha
market over-reacted @@
i'm going to attend agm and watch the show of how you all bombard the board haha

Posted by optimus9199 > 2017-09-15 23:59 | Report Abuse

@cyec2000 hope to meet u in AGM soon....if no rain and flood then :)

Posted by Depeche > 2017-09-16 06:03 | Report Abuse

Probably has hit bottom at 6.10...or at most drop just below 6 before rebounding.... good for picking on Monday.

Posted by jibbie > 2017-09-16 08:13 | Report Abuse

don't think the next quarter profit going to be good either. Going to sit and watch how low it will sink before considering to buy

Posted by JN88 > 2017-09-16 08:25 | Report Abuse

Look at this leng lui.......yesterday my ' saliva' almost wet my underwear......Net Cash position should be over 200 million soon.

Posted by JN88 > 2017-09-16 08:27 | Report Abuse

Tickets available 162732 pcs only. How much you can grab.?

Posted by cyeec2000 > 2017-09-16 09:20 | Report Abuse

Optimus9199: c you there :)

Posted by Alex Foo > 2017-09-16 09:32 | Report Abuse

@optimus9199

actually magni got mention oh, in annual report...quite detail concerning their future moves. upcoming factory setup but earning will only come in after end of 2018. i think it's vietnam

Posted by Alex Foo > 2017-09-16 09:33 | Report Abuse

told u now, so later dun blame if bod say 'u tak da baca ah?' haha

Posted by Alex Foo > 2017-09-16 09:33 | Report Abuse

but still no harm to ask them, just pretend innocent and said that you bought high at 7.5 and ask if they do share buyback or not

Posted by nikicheong > 2017-09-16 10:38 | Report Abuse

You must look at multiple angles. From a P/E angle this *may* look cheap, but from a P/BV angle this is expensive...at 2.34X. ROE is at 27%. To me, there is little margin of safety given the P/BV. I would rather the P/BV fall to ~1.5-1.8X before I come in.

Posted by nikicheong > 2017-09-16 10:44 | Report Abuse

Also, who cares about historical P/E ratios or industry-average P/E ratios. That's the biggest BS from Investment Banks. You must stop thinking in that way. A P/E ratio is effectively the market's confidence in the future earnings growth of a certain company. That's it. Magni was undervalued for many years before, that's why even when the earnings growth was high, the P/E didn't reflect it as Magni is kind of an "under the radar" stock. It wasn't covered by any major sell side analyst as far as I know as well.

I don't know in-depth about Magni, but a cursory glance over its financial position and price/balance sheet ratios tells me that it offers little margin of safety.

Posted by JN88 > 2017-09-16 11:34 | Report Abuse

Once Nike business sibeh good....you all can hide your P/E and all parameter s. Focus on business...Net Cash...dividend...Shares number.

Posted by JN88 > 2017-09-16 11:35 | Report Abuse

My personal experience , shares number so less.......shares split and bonus issue coming soon.... Pattern much.

Posted by 4444 > 2017-09-16 11:41 | Report Abuse

14-Sep-2017 Quarter Result Quarter Result on 31-Jul-2017[#1] QoQ - -49.12% YoY - -16.75%.
11-Sep-2017 Insider Notice of ceasing to be substantial holder - PERBADANAN NASIONAL BERHAD on 08-Sep-2017.
11-Sep-2017 Insider Notice of ceasing to be substantial holder - DATO' DR. TENGKU RETHWAN BIN TENGKU MANSOR on 08-Sep-2017.
http://klse.i3investor.com/servlets/stk/7087.jsp

Posted by 4444 > 2017-09-16 11:42 | Report Abuse

Why PNB and DATO' DR. TENGKU RETHWAN no more 5% shareholder?

Posted by JN88 > 2017-09-16 11:43 | Report Abuse

She earn gao Liao.....time to out.

Posted by hstha > 2017-09-16 11:46 | Report Abuse

ringgit is not weak anymore.

https://www.bloomberg.com/quote/USDMYR:CUR

Posted by TrippleZ > 2017-09-16 12:07 | Report Abuse

From 3.20 to 4.20. Yeah, ringgit not weak @_@

Posted by JN88 > 2017-09-16 13:32 | Report Abuse

Once ah jib gor use EPF money which is 100 billion to boost up infrastructure of USA.....no worry ringgit will go to RM 5. Money outflow.

Posted by Sentoh Wan > 2017-09-16 13:51 | Report Abuse

ringgit compare us maybe not that weak, but compare other currency?

Posted by 3iii > 2017-09-16 14:55 | Report Abuse

By the way, the Q1 2018 dividend is 3.5 sen per share. In Q1 2017 the dividend for the quarter was 5 sen per share. Thus dividend on a y-o-y quarterly comparison is cut by 30%.

Posted by BULL10BEAR10 > 2017-09-16 15:59 | Report Abuse

Everything in Malaysia is not stable...........cash out and buy US dollar

Posted by herry168 > 2017-09-16 16:14 | Report Abuse

oh..not to keep more in ringgit？i heard n saw ringgit is going stronger now o..big sign on mediapress:）huat la

Posted by ooihk899 > 2017-09-16 17:17 | Report Abuse

Haha, people sell short sure talk 3 talk 4 to make sure it go down.
I also hope to collect cheap but I'm not like some low life only after QR out, want to short sell then talk 3 talk 4 to make sure price go down. Cannot cari makan in HRC then only come here.

Posted by cheap1 > 2017-09-16 17:21 | Report Abuse

Here also drop can cari makan?

Posted by ooihk899 > Sep 16, 2017 05:17 PM | Report Abuse
Haha, people sell short sure talk 3 talk 4 to make sure it go down.
I also hope to collect cheap but I'm not like some low life only after QR out, want to short sell then talk 3 talk 4 to make sure price go down. Cannot cari makan in HRC then only come here.

Posted by BULL10BEAR10 > 2017-09-16 17:46 | Report Abuse

selling all shares by next week

Posted by JN88 > 2017-09-16 17:46 | Report Abuse

Hoseh TP 4.2....

Posted by seanchin > 2017-09-16 17:47 | Report Abuse

Date Transaction CashFlow
4-Oct-12 Cash In (MYR 23,227.95)
13-Apr-15 Cash Out MYR 4,784.99
10-Jul-15 Cash Out MYR 3,806.30
5-Nov-15 Cash Out MYR 580.82
6-Nov-15 Bonus MYR 0.00
24-Jun-16 Margin in (MYR 5,228.60)
1-Jul-16 Margin in (MYR 5,137.20)
28-Feb-17 Margin in (MYR 10,727.38)
16-Sep-17 Worth MYR 138,627.00

CAGR still 46.73% p.a. since 4-OCT-12 excluding dividend.

Posted by BULL10BEAR10 > 2017-09-16 17:47 | Report Abuse

Najib wants to help US to strengthen their economy... invest to US la

Posted by pakatan_harapan2 > 2017-09-16 21:08 | Report Abuse

Vote Pakatan better. Pakatan invest in M'sia.

BULL10BEAR10 Najib wants to help US to strengthen their economy... invest to US la
16/09/2017 17:47

Posted by cy91 > 2017-09-16 21:50 | Report Abuse

operating cash flow ok, means business is still doing well... net profit is only accounting numbers..

Posted by herry168 > 2017-09-17 00:42 | Report Abuse

u wan sell all shares, houses, cars,underwear just go ahead..not need anounce here..nobody interested to know.huat la

Posted by David Ng > 2017-09-17 09:10 | Report Abuse

The revenue is still there even if you compare Q2Q. So they are not losing the business yet.

Posted by huikong > 2017-09-17 11:27 | Report Abuse

Magni still good to keep for long term. But I will only top up when the price going stabilize and below 6 only.

Posted by Mohd Fahmi Bin Jaes > 2017-09-17 12:19 | Report Abuse

general election announcement

Posted by BULL10BEAR10 > 2017-09-17 12:27 | Report Abuse

Good company playing forex and losing so much money? Investors need to bear this losses also?

Posted by Whey Whey > 2017-09-17 12:34 | Report Abuse

Play forex? Are u seriously know how to read Quarterly Report or not? Lol

Posted by RainT > 2017-09-17 13:23 | Report Abuse

Playing forex ...what a joke .....since when Magni announce it change it nature of biz from manufacturing of apparel to forex trading ( play forex)

Really can see lots of idiot and stupid comment that never use brain !!!!

Posted by RainT > 2017-09-17 13:23 | Report Abuse

Please do some research and homework la

To understand why listed company have forex gain or loss !!!!!

Posted by tealeaf > 2017-09-17 17:34 | Report Abuse

mayb he affected by recent forex case investigation against tun...haha

Posted by Bartz The > 2017-09-17 17:42 | Report Abuse

.
2016Q1 USD3.7
2017Q1 USD 3.9
2018Q1 USD 4.2

USD uptrend in 3 relative quarters, how come report shows:
2017Q1 forex gain RM3.4m
2018Q1 forex loss RM1.3m

Magni invoices Nike with USD, logically this quarter should be forex gain.

Someone good in accounting please enlighten me.

Posted by coldinvestor > 2017-09-17 18:50 | Report Abuse

RM5.00 应该不是问题。

Posted by JN88 > 2017-09-17 19:43 | Report Abuse

I will slowly wait.....wait you all sell then I buy. Hope tomorrow drop another 10%.... I sell my underwear and buy this.

Posted by JN88 > 2017-09-17 19:45 | Report Abuse

EPS 70+ , dividend king, more powerful than my AirAsia. AirAsia playing oil ...this one only one key POPULATION.

Posted by Sam Mich > 2017-09-17 20:11 | Report Abuse

Why price Lao sai? Suddenly!

Posted by JN88 > 2017-09-17 20:19 | Report Abuse

Lao sai for you to buy.

Posted by ehtan > 2017-09-17 21:57 | Report Abuse

hope will down more, 20%

Posted by JN88 > 2017-09-18 09:07 | Report Abuse

Very sad only2%.

Posted by Depeche > 2017-09-18 09:17 | Report Abuse

Congrats to the bold who bought in