Ofcause gave outperform TP RM6.40 because they and their investors all are bought higher price RM5.00 ++. If they give sell TP RM3.50 , they will facing huge loss. MAGNI only worth RM3.00 if coming qr. result also poor.
Posted by probability > Jun 23, 2018 05:37 PM | Report Abuse X
There are many ways to channel sales to China without originating from U.S. Trade war is Tariff on country of origin ..not the Brand Nike itself. Its two different thing.
Magni can channel to Nike Europe to send to China...also why not establish its Sales centre in Malaysia itself for China Market?
That would be explosive to Magnitech.
Posted by newbie911 > Jun 23, 2018 05:22 PM | Report Abuse
Not risky bcz nike sale will be affected with trade war?
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Posted by trulyinvest > 2018-06-25 09:48 | Report Abuse
many naive ppl sure trap when chase high to 5.30