Posted by apple168 > 2018-06-23 19:43 | Report Abuse

I will not collect even at whatever opening or closing price of Magni. Keep cash for now. I m expecting KLSE to crash to 1500 soon. At that time, bluechips are extremely good bargain than terribly sick Magni.

Posted by newbie911 > 2018-06-23 19:46 | Report Abuse

Sad....dont knw wan hold or cut loss on monday.

Posted by apple168 > 2018-06-23 19:46 | Report Abuse

I suspect those who keep promoting Magni shares are for them to sell and run. Do not catch the falling knife!

Posted by apple168 > 2018-06-23 19:49 | Report Abuse

Please Cut loss and keep cash for now..

Posted by apple168 > 2018-06-23 19:52 |

Post removed.Why?

Posted by probability > 2018-06-24 00:49 | Report Abuse

Nike is winning over new customers and it could 'dramatically increase prices' (NKE)
Jacob Sonenshine
Jun. 21, 2018

http://markets.businessinsider.com/news/stocks/nike-stock-price-winning-customers-could-dramatically-increase-prices-2018-6-1027308709


Nike is gaining serious traction with customers. That traction is giving Nike increased pricing power.

Nike dominates the global sportswear market — and data shows it has strong pull with both existing customers and potential customers.


"Our 2018 UBS Evidence Lab global athletic wear survey indicates Nike customers' repeat purchase intentions are high and we think this is a strong indication of high loyalty," UBS analyst Jay Sole wrote in a note out to clients.

"Nike brand has number one mindshare with global consumers," Sole said. And with that strong brand identity comes increased pricing power.

The sneaker giant has been able to use its brand identity to ramp up its direct-to-consumer initiatives that increase its pricing power.

"These initiatives could help Nike dramatically increase prices," Sole said, warning that "it may take years for Nike to fully achieve its ecommerce and supply chain goals."

Nonetheless, several other data points show Nike's pricing power is increasing, and that it is relying less on discounts. "Nike US apparel discounting breadth has dropped 1,200 basis points to 44% over the last 12 months," Sole wrote.

Meanwhile, it's biggest competitor, Adidas, is relying more heavily on discounts, according to Jefferies analyst Randal Konik. "The depth of discount on the sale page at footlocker.eu for Adidas remains at relatively high levels, which is incrementally concerning to us," Konik wrote in a recent note to clients. The average Adidas discount on Konik's check was 37% off the original price, while Nike's average discount was 25%.

Posted by probability > 2018-06-24 11:19 | Report Abuse

Extract from Annual report 2017:
.....................................................

Business Strategy – Garment

Our garment arm is exploring to have a joint venture (“JV”) with our Vietnamese partner and associate to build 2 new green and sustainable manufacturing plants in Vietnam with Target Leed Gold Certification. The precise percentage share, investment costs and other relevant details of the JV will be announced to Bursa Securities once the details are finalized and agreed upon by the JV parties.

Posted by shareinvestor88 > 2018-06-24 12:02 | Report Abuse

Net cash 210m or 130 per share

Posted by lsv1977final > 2018-06-24 14:39 | Report Abuse

Cash rich

Posted by apolloang > 2018-06-24 14:54 | Report Abuse

market cap 829 mil cash 210 mil consider cash rich? dutaland market cap 423 mil cash 700 mil

Posted by probability > 2018-06-24 16:07 | Report Abuse

Its not about 'cash per share' over 'price' that matters, its the potential value generation with the cash they have....

Dutaland perhaps have potential to generate 6% return if the cash is invested...for Magni, it can generate 7 times more (at ROIC of 42%) with the same cash. Further to that, the reinvestment potential is clearly visible.

Now that JV is on the line.... just in a year the Earnings will be explosive..totally explosive coupled with Nike's growth.


Posted by apolloang > Jun 24, 2018 02:54 PM | Report Abuse

market cap 829 mil cash 210 mil consider cash rich? dutaland market cap 423 mil cash 700 mil

Posted by apple168 > 2018-06-24 17:22 |

Post removed.Why?

Posted by probability > 2018-06-24 18:12 | Report Abuse

Nike PE = 31

https://www.bloomberg.com/quote/NKE:US

despite being its Garment manufacturer for last 10 years or more, market want to give Magni only PE of 10? Just because Magni does not own the brand Nike? But it did show a growth story matching Nike....check out its Earnings Cagr before Nike reached a plateau last 2 years.

Thats not much different than Inari which is dependent on Avago's growth....check out Inari's PE.

The 2 year plateau is over for Nike...a fresh growth story is restarting.

Its stupidity to let go Magni at this point of time..... at such low PE.

just another 3 months ....earnings will make u more bullish than me 10 times!

Posted by shareinvestor88 > 2018-06-24 18:22 | Report Abuse

what JV is magni in ?

Posted by shareinvestor88 > 2018-06-24 18:23 | Report Abuse

Ya sell TP 2

Posted by swordwa2 > 2018-06-24 18:25 | Report Abuse

the JV between Nike and Vietnamese company is a good/bad news for magni?

Posted by probability > 2018-06-24 18:27 | Report Abuse

Extra capacity to produce garments...how can that be bad?
Earnings will be proportional to your stakes.

Posted by swordwa2 > Jun 24, 2018 06:25 PM | Report Abuse

the JV between Nike and Vietnamese company is a good/bad news for magni?

Posted by apple168 > 2018-06-24 18:35 |

Post removed.Why?

Posted by swordwa2 > 2018-06-24 18:36 | Report Abuse

Bad as in they might switch part of the manufacturing to vietnam if it's cheaper?

Posted by probability > 2018-06-24 18:43 | Report Abuse

The new plant is for a new niche market 'green and sustainable'.
Its a different garment category.

Its something extra.

..................................

Our garment arm is exploring to have a joint venture (“JV”) with our Vietnamese partner and associate to build 2 new green and sustainable manufacturing plants in Vietnam with Target Leed Gold Certification.

Posted by swordwa2 > Jun 24, 2018 06:36 PM | Report Abuse

Bad as in they might switch part of the manufacturing to vietnam if it's cheaper?

Posted by swordwa2 > 2018-06-24 18:55 | Report Abuse

noted. thanks for the clarification

Posted by apolloang > 2018-06-24 19:21 | Report Abuse

down can but don't expect 2.00 or 3.00,that u wait until your janggut panjang

Posted by apple168 > 2018-06-24 19:36 |

Post removed.Why?

Posted by apolloang > 2018-06-24 19:39 | Report Abuse

no one know hengyuan going down to 6? u go see my history posts.....haha,also see what I post on magni when above 7.00?

Posted by angcl > 2018-06-24 19:49 | Report Abuse

Cut loss. Cry father and mother also no use now. No one counter is forever green in KLSE. 3 to 5 years later, magni might be in PN 17 or delisted. Stop listening to sweet story by story teller. Time to wake up from dreaming that magni share will go up to 6 in a year or two. Face the fact and reality, magni is over.

Posted by apple168 > 2018-06-24 19:51 | Report Abuse

Bite the bullets and cut loss. The future will be better with cash. Cash is king in such bearish market.

Posted by apolloang > 2018-06-24 19:51 | Report Abuse

cannot pn17 lah unless lost a few hundred millions.cannot down so much cos bursa not down to 1000pts

Posted by apple168 > 2018-06-24 20:01 | Report Abuse

No one can predict the market accurately, even Waran Buffet also can’t do it. Who knows by year end, we shall see KLSE at 800 points?

Keep cash now for bottom fishing. For those interested in Magni, stop your horses to buy Magni as yet. At the moment, I only see majority investors losing money for entering market right now.

Posted by apolloang > 2018-06-24 20:56 | Report Abuse

I know and I say cannot,cos u didn't think before u say.last time can down so much cos fewer counters,now more than 1000 counters and the index link counters will be replace if the stocks down

Posted by apolloang > 2018-06-24 20:58 | Report Abuse

until dec 31 this year magni no 3.00 also u wanna bet?

Posted by apolloang > 2018-06-24 21:17 | Report Abuse

I know 4 something got lah but no 3.00 or no 2.00

Posted by ionlywanttoearn > 2018-06-24 22:17 | Report Abuse

this is a good company , keep it for another 3-5 years then it will regain to its previous price, if not just sell it... keep cash..

Posted by apolloang > 2018-06-24 23:28 | Report Abuse

3-5 year also need to see the profit,if profit keep going down like superlon also no use.

Posted by probability > 2018-06-24 23:32 | Report Abuse

3.8 to 4.0 now...right after previous financial qtr.

https://www.xe.com/currencycharts/?from=USD&to=MYR&view=1Y

Posted by probability > 2018-06-24 23:41 | Report Abuse

Even with the same 'one off revenue' we see in latest qtr, currency will easily cause the margin rise by another 4%..EPS back to 19 cents/qtr.

Common sense should make one get the logic that trend does not go zig-zag......when it just reported a jump in revenue to 313M in Qtr ending Jan 18' from 250M in qtr Oct 17'.

Posted by apolloang > 2018-06-24 23:42 | Report Abuse

don't think can down so low tomoro

Posted by trulyinvest > 2018-06-24 23:51 | Report Abuse

If profit keep droping, rm3 oso can get. Nothing is imposible. Dun over confident

Posted by apolloang > 2018-06-25 00:08 | Report Abuse

if wanna see the profit is another 3 months not now,from my point of view,by end of this year likely no 3.00

Posted by apple168 > 2018-06-25 08:26 |

Post removed.Why?

Posted by jibbie > 2018-06-25 09:07 | Report Abuse

when public bank analyst say buy, you sell. they're the biggest scammers in the world

Posted by angcl > 2018-06-25 09:08 | Report Abuse

Bloodbath indeed.. kyy and gang running...

Posted by opustang > 2018-06-25 09:12 | Report Abuse

magni price too high,must come down to earth,RM2500 is coming.

Posted by Alex™ > 2018-06-25 09:15 | Report Abuse

WHY I NO SELL RM5.50?

Posted by Alex™ > 2018-06-25 09:15 | Report Abuse

TIPU PUNYA

Posted by Alex™ > 2018-06-25 09:15 | Report Abuse

IM SELLING

Posted by jibbie > 2018-06-25 09:15 | Report Abuse

ppl now don wear ori nike already. they go for cheaper stuff. next quarter sure poor also

Posted by Maurice1688 > 2018-06-25 09:16 | Report Abuse

3.5 to 4.0 after previous qtr

Posted by Alex™ > 2018-06-25 09:16 | Report Abuse

SEMUA SALAH LGE

Posted by Alex™ > 2018-06-25 09:19 | Report Abuse

NOOB PROFIT BUT LEARN PPL DONATE? SOMEMORE WITHOUT SHAREHOLDER'S CONSENT!

Posted by apple168 > 2018-06-25 09:35 | Report Abuse

I hv been telling many hv jumped of the cliff by following wrong sifu.. we shall see Magni breaking 4 to 3+ today