MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.54

Today's Change

+0.01 (0.40%)

Day's Change

2.49 - 2.54

Trading Volume

93,600


7 people like this.

5,237 comment(s). Last comment by Supernoob 2 weeks ago

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-06-10 11:29 | Report Abuse

C d result first tis month

Posted by kyy_superinvestor > 2018-06-10 11:47 | Report Abuse

After u see it, it is no longer below 6.5

Posted by kyy_superinvestor > 2018-06-10 11:47 | Report Abuse

Grab it now or watch it fly

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-06-10 12:32 | Report Abuse

Not so fast la. Market now very uncertain. Dun b over confident

Posted by kyy_superinvestor > 2018-06-10 14:10 | Report Abuse

Now entry still early before next quarter

Posted by shareinvestor88 > 2018-06-13 12:47 | Report Abuse

T P ?

profitgrow

773 posts

Posted by profitgrow > 2018-06-13 16:01 | Report Abuse

maybe can reach to 6.0 due to world cup. Magni-Tec print Nike t shirt and shoes.

Posted by shareinvestor88 > 2018-06-13 16:46 | Report Abuse

up

VOS26

25 posts

Posted by VOS26 > 2018-06-13 18:06 | Report Abuse

Flying as it should. Up all the way!

Posted by kyy_superinvestor > 2018-06-13 19:23 | Report Abuse

Maintain June tp 8 within one year

Posted by shareinvestor88 > 2018-06-13 19:45 | Report Abuse

TP 8 ??

trulyinvest

2,370 posts

Posted by trulyinvest > 2018-06-13 19:47 | Report Abuse

Never predict movement of this counter. U wil kill urself. When u predict up, it can down all the way. Tis counter very stuborn. Suka main terbalik

Posted by kyy_superinvestor > 2018-06-13 20:46 | Report Abuse

Fed hike interest affect export? FIFA cup? New factories?

Posted by makesomemoneyonly > 2018-06-13 22:01 | Report Abuse

world cup

Posted by kyy_superinvestor > 2018-06-14 07:41 | Report Abuse

Buy magni for world cup!!!

Posted by kyy_superinvestor > 2018-06-14 20:47 | Report Abuse

See Nike Inc up so much since january 2018 .....and 90percent of magni is derived from Nike....current price still has great upside...last call before next week quarter announcement (please note that good result will released earlier) , I have upgraded this stock from "outperform" into "rocketing"....

Posted by kyy_superinvestor > 2018-06-14 20:47 | Report Abuse

I have sialang but how about u?

Posted by kyy_superinvestor > 2018-06-14 20:49 | Report Abuse

U can dun believe me but u must learn business sense from kyy who is my idol

qqq3

13,202 posts

Posted by qqq3 > 2018-06-14 21:02 | Report Abuse

business sense very important,


most important.

Posted by shareinvestor88 > 2018-06-17 13:56 | Report Abuse

TP 8 ?

Posted by kyy_superinvestor > 2018-06-17 14:12 | Report Abuse

ya...confirm

ckh823

187 posts

Posted by ckh823 > 2018-06-18 00:51 | Report Abuse

Bro. Don't forget on the foreign exchange. Last quarter the ringgit very strong ohhh

Posted by kyy_superinvestor > 2018-06-18 07:34 | Report Abuse

Bro, dun forget this counter is related to export oh

ckh823

187 posts

Posted by ckh823 > 2018-06-18 07:55 | Report Abuse

when we talk about export, magni trade in usd or ringgit? this will affect the PBT.

Posted by kyy_superinvestor > 2018-06-18 08:15 | Report Abuse

I think u will have a better understanding after reading the quarter report...I predict next quarter report is green....u can refer to Nike Inc share price performance as it is correlated to magni because 90 percent of magni revenue generated from Nike and not least this year is world cup year therefore Nike as one of the biggest sportwear manufacturer will definitely benefited.....

Posted by shareinvestor88 > 2018-06-19 07:40 | Report Abuse

Dear Kyy superinvestor is it a buy on Magni ?

apple168

6,236 posts

Posted by apple168 > 2018-06-19 14:51 | Report Abuse

Sold all at 5.2++.. expecting to drop less than 5 soon with trade war US vs China..

Posted by kyy_superinvestor > 2018-06-19 16:15 | Report Abuse

fear what? now talk about greed, average and holding power on good stock just like magni

apple168

6,236 posts

Posted by apple168 > 2018-06-19 18:20 | Report Abuse

We are heading to economic recession with falling of commodity price such as oil, gold, silver, corn, palm oil etc! Dump dump hold till kena trapped for years! Free up the Capital is the key now to buy cheaper shares later. Magni is overvalued compared to others..

Posted by kyy_superinvestor > 2018-06-19 19:37 | Report Abuse

Dun create panic bro...what is the pe and div yield now? Overvalued?

probability

14,490 posts

Posted by probability > 2018-06-20 17:15 | Report Abuse

when is results going to be announced?

Posted by kyy_superinvestor > 2018-06-20 17:21 | Report Abuse

before 28th june

apple168

6,236 posts

Posted by apple168 > 2018-06-20 20:02 | Report Abuse

Magni Management has yet to find a solution for minimal wages hike in Vietnam which will drag down profit and lower EPS. Many non original Nike products selling as cheap as 3 Singapore dollar only (RM10) at pasar malam. Ppl will buy this rather than original one in economic downturn. Donating 2million cash is not a wise move for a company. Cash is blood for a company. Company with poor cash flow will face lots of problems. Buy Magni at current high price at your own risk!

apple168

6,236 posts

Posted by apple168 > 2018-06-20 20:08 | Report Abuse

US China trade war will affect Nike sales in China with huge tax in Nike! With upgrowing company like Li Ning, nike will lose customers as Li Ning sports wears are less pricy compared with Nike!

Posted by kyy_superinvestor > 2018-06-20 20:47 | Report Abuse

Just continue bark here...result will prove everything

apple168

6,236 posts

Posted by apple168 > 2018-06-20 21:31 | Report Abuse

If you can’t answer my questions here, u better stop shouting here and conning others to get trapped. Kyy hv made many losers in share market, that’s the fact. One follow the another..

apple168

6,236 posts

Posted by apple168 > 2018-06-20 21:34 | Report Abuse

If the result is good, why major shareholders (insiders) stop buying Magni shares?

Posted by kyy_superinvestor > 2018-06-20 21:50 | Report Abuse

dun let me see u disappear in this forum after this quarter report released...with such low pe still scare? i dun noe what u scare? trade war no need wear shirt izzit? u r born to be a loser in stock market....

Posted by kyy_superinvestor > 2018-06-20 21:52 | Report Abuse

if the management started to buy due to insider news then what would the outside investor think about the company?

Posted by kyy_superinvestor > 2018-06-20 21:53 | Report Abuse

if u dun have six sense then nvm....but pls use comman sense

chonghai

480 posts

Posted by chonghai > 2018-06-21 00:33 | Report Abuse

Economic downturn will 100% not affect Magni.
Trade war will likely not affect Magni but no one can be sure on this one.
As for wage hike, this is one hell of a headache.

By the way, world cup will have no positive impact on Magni as well. Those who think so has not follow MAGNI or NIKE long enough.

apple168

6,236 posts

Posted by apple168 > 2018-06-21 04:53 | Report Abuse

Common sense tell me that KLSE is bearish! Once broke 1700, next Support will be at 1600! Holding cash is the best option unless u going to hold for very long term > 3 years. By then, things might change. Uncle, Aunty here, please cut win and sell to those who are very optimistic and buy again on weakness. I m very sure for this.

apple168

6,236 posts

Posted by apple168 > 2018-06-21 04:58 | Report Abuse

In term of up coming result, I hv no idea whether it is good or very good or extremely good, maybe it is bad. Ppl may want to goreng Magni to run, who know. For those who know insider news, please report them for insider trading. When market is bad, good result can’t move share price much as current shares price is already fully reflected magni value.

apple168

6,236 posts

Posted by apple168 > 2018-06-21 05:08 | Report Abuse

Trade war not only between US vs China. Now, US vs Euro. OH yes, Nike is US product. What will happen to Nike then. High tax on Nike products, good to ponder.. Trade at your own risk!

apple168

6,236 posts

Posted by apple168 > 2018-06-21 12:16 | Report Abuse

Mr Conman is hiding in cave..

Posted by makesomemoneyonly > 2018-06-21 21:53 | Report Abuse

stupid..
NIKE is brand not product. It has no products, and for goods that got impose tariffs . Please check the list.

apple168

6,236 posts

Posted by apple168 > 2018-06-22 07:05 | Report Abuse

Now, Euro/ China/ India started trade war with US. Li Ning is the best seller of sports wear in China. This is followed by Nike. We know China man is very patriotic. If all China man stop buying Nike, what will happen next? Buy at your own risk.

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