Posted by apple168 > 2019-06-11 16:58 | Report Abuse

Good Luck for those who chase Magni!

Posted by apple168 > 2019-06-11 16:59 | Report Abuse

US dollar depreciating hurting magni profit!

Posted by apple168 > 2019-06-11 17:01 | Report Abuse

Most of us are boycotting kfc, McD, US related products including Nike!

Posted by chesslim > 2019-06-11 22:13 | Report Abuse

maybe this year up to history new high.7.60, than bonus issue.

Posted by Duncan Invest > 2019-06-12 02:31 | Report Abuse

Summary and overview of Magni> http://evassmat.com/QiXL

Posted by Duncan Invest > 2019-06-12 02:32 | Report Abuse

Excel file for overview of Magni> http://evassmat.com/QiUi (For own use only)

Posted by apple168 > 2019-06-12 11:38 | Report Abuse

10 reasons not to buy Magni:-
1. Ringgit continues to strengthen against US dollar
2. Raising labor cost
3. Raising material cost
4. China sports brand Companies are Nike Strong competitors (Li Ning, Xtep, Kbird, 361 and many others) which sell good quality branded garments at cheaper price. The trend now prefers China products compared to US products for instance HuaWei outbeat Apple.
5. US vs China Trade war (what will happen if China increases Nike garment tax and boycotting Nike-US products; it hits apple, Tesla...)
6. Only produce Nike garment (Depends on Nike sales)
7. Current magni share price of 5.00 is 56% premium from magni NTA price (more premium than Maybank! What a joke!)
8. Many of retailers prefer to buy pirated Nike products and sell to consumers at affordable price.
9. Magni shares has low liquidity risk
10. Trading Markets flavors construction related shares compared to garments. Current theme is construction!

Good Luck!

Posted by apple168 > 2019-06-12 11:47 | Report Abuse

Many bought at 4.5 are selling now... 15% profits!

Posted by LongTermInvestment > 2019-06-12 12:16 | Report Abuse

How do you know many buy at 4.5? How about 4.8? Able to provide stats please?

Posted by apple168 > 2019-06-12 17:16 | Report Abuse

Believe or not believe, up to you!

Posted by apple168 > 2019-06-12 17:44 | Report Abuse

If you are Chinese, more so you should boycott Nike and hence magni! Do not support US product!

Posted by LongTermInvestment > 2019-06-12 17:45 | Report Abuse

Thanks for your convincing reply.

Posted by apple168 > 2019-06-12 18:06 | Report Abuse

We hate 汉奸！

Posted by dnlt > 2019-06-13 08:05 | Report Abuse

apple168, I am not going to rebut your 10 points and will leave to readers to think about them logically. There is only 1 reason why I didn't increase my holdings in MAGNI and I am surprised that you left it out in your "10 reasons not to buy Magni" list.

The key risk in MAGNI is customer concentration risk. The management is of course well aware of it as well. Hopefully that is something that can be addressed soon.

Posted by chonghai > 2019-06-13 08:13 | Report Abuse

apple168,
8,9,10 from your reasons are real joke. If your investment is based on NTA, good luck.

Let's see 3 years from now, what will be Magni's dividend.
The reason why Magni liquidity is so low is because ppl like us are buying Magni, we don't care about share price and we don't even bother about selling as long as the dividend is decent.

You want liquidity, go play EKOVEST and BUMI Armada.

Posted by shareinvestor88 > 2019-06-13 08:26 | Report Abuse

apple168 look at nestle dutch lady NTA and the share price

Posted by cyeec2000 > 2019-06-13 09:13 | Report Abuse

The garments cheaper productions costs would be lower in Vietnam, nike still need to outsource the products from cheaper source.

Posted by apple168 > 2019-06-13 14:58 | Report Abuse

汉奸 汪汪叫！

Posted by KSLI > 2019-06-13 16:05 | Report Abuse

Oil jumps more than 3% on reports of tanker incident in the Gulf of Oman off Iran coast

Posted by small_player > 2019-06-14 10:29 | Report Abuse

when will be the announcement for financial year end report?

Posted by EngineeringProfit > 2019-06-15 08:00 | Report Abuse

Huat ar

Posted by LongTermInvestment > 2019-06-17 18:13 | Report Abuse

Nike starts garment production for Olympic soon maybe.

Posted by apple168 > 2019-06-21 13:05 | Report Abuse

China will boycotting Nike products... good luck..,

Posted by cyeec2000 > 2019-06-21 13:08 | Report Abuse

If like you said is right why tan poay seng need to buy more?what is the logic behind?

Posted by LongTermInvestment > 2019-06-21 14:12 | Report Abuse

Cyeec2000 chill la.. He tp genting rm20.. Lol

Posted by cyeec2000 > 2019-06-21 17:20 | Report Abuse

Haha.. Maybe he has own way to calculate TP.. Good luck to him

Posted by EngineeringProfit > 2019-06-21 18:01 | Report Abuse

Huat AR

Posted by EngineeringProfit > 2019-06-21 18:02 | Report Abuse

Going back to 7.40.....UP UP

Posted by Johnsonlee > 2019-06-21 18:47 | Report Abuse

Magni price will go up again slowly. The management has done a good job.

Posted by makesomemoneyonly > 2019-06-21 19:01 | Report Abuse

good ada 5 sen dividend .

Posted by makesomemoneyonly > 2019-06-21 19:03 | Report Abuse

inventory has increased quite a lot, potentially prepare for the coming Olympic, once the inventories realize as income, the revenue will be huge. hahhaha

Posted by PotentialGhost > 2019-06-21 19:18 | Report Abuse

GG , will same as jaycorp !

Posted by apple168 > 2019-06-21 19:44 | Report Abuse

一堆汉奸

Posted by apple168 > 2019-06-21 19:45 | Report Abuse

为钱忘本

Posted by makesomemoneyonly > 2019-06-21 20:02 | Report Abuse

lol.. faster sell yours .. fasterrrrrrrrrrrrrrrr

Posted by makesomemoneyonly > 2019-06-21 20:36 | Report Abuse

dont be sohai..

Posted by shareinvestor88 > 2019-06-21 21:01 | Report Abuse

Net cash 230m

Posted by shareinvestor88 > 2019-06-21 21:02 | Report Abuse

The new factory is ready. Thus revenue will be going up soon

Posted by JMH96 > 2019-06-22 12:17 | Report Abuse

@apple168 biggest sohai to ever invest in klse

Posted by bwho > 2019-06-22 16:52 | Report Abuse

if these the case why used apple might as well changed to Hua Wei

Posted by cyeec2000 > 2019-06-22 18:26 | Report Abuse

His commented in ajinomotor is very funny.. Sound like he wanna to acquire whole company..haha..

Posted by apple168 > 2019-06-24 07:52 | Report Abuse

10 reasons not to buy Magni:-
1. Ringgit continues to strengthen against US dollar
2. Raising labor cost
3. Raising material cost
4. China sports brand Companies are Nike Strong competitors (Li Ning, Xtep, Kbird, 361 and many others) which sell good quality branded garments at cheaper price. The trend now prefers China products compared to US products for instance HuaWei outbeat Apple.
5. US vs China Trade war (China is the biggest garment market! Ppl of China are boycotting Nike-US products; it hits apple, Tesla...)
6. Only produce Nike garment (Depends on Nike sales)
7. Current magni share price of 5.1 is 60% premium from magni NTA price (more premium than Maybank!!)
8. Many of retailers prefer to buy pirated Nike products and sell to consumers at affordable price.
9. Magni shares has low liquidity risk
10. Trading Markets flavors oil related shares compared to garments. Current theme is oil and construction!

Posted by bwho > 2019-06-24 19:34 | Report Abuse

Magni-Tech Industries Berhad - Earnings Within Expectations
Date: 24/06/2019

Source : PUBLIC BANK
Stock : MAGNI Price Target : 6.60 | Price Call : BUY
Last Price : 4.90 | Upside/Downside : +1.70 (34.69%)

Posted by cyeec2000 > 2019-06-24 20:58 | Report Abuse

Apple168: you can dump your shares to us, no harm.. I am intend to buy more..if you try to look at asset heavy magnitech is definitely not on your radar..Why you bothered? Or you wanna fool us to buy low? I met owner tan poay seng and tan kok ping in the pass agm both of them are steady.. Can sound logic they are buying more shares to lose more?

Posted by James Ng > 2019-06-25 09:01 | Report Abuse

https://klse.i3investor.com/blogs/general/212122.jsp
[转贴] [MAGNI-TECH INDUSTRIES BHD：服装部门收到的销售订单增加] - James的股票投资James Share Investing

Posted by PotentialGhost > 2019-06-26 09:48 | Report Abuse

Rip , magni no more catalyst .

Posted by apple168 > 2019-06-26 18:51 | Report Abuse

Why bother my comments,cyeec? I guess you chase high and afraid to lose even more...if steady, buy more to release those who don’t want to be Chinese traitors... haha...

Posted by makesomemoneyonly > 2019-06-26 19:25 | Report Abuse

10 reasons to buy Magni:-
1. Ringgit continues to lower againt us dollar.
2. automation taking over
3. replacement material produce in lower cost.
4. ?Nike in China has the dominance position even the competitor. (Li Ning, Xtep, Kbird, 361 and many others) which sell good quality branded garments at cheaper price. The trend now prefers China products compared to US products for instance HuaWei outbeat Apple.
5. US vs China Trade war (China is the biggest garment market! China love ang moh product)
6. Only produce Nike garment (Depends on Nike sales) , Nike sales is getting better.
7. Current magni share price of 5.1 is 60% premium from magni NTA price (more premium than Maybank!!) . magni is talking about the capability to produce products..not about how much assest it have..
8. Many of retailers prefer to buy pirated Nike products and sell to consumers at affordable price. More and more people like to buy the real Nike products.
9. Magni shares has low liquidity risk . Net cash no worry.
10. Trading Markets flavors oil related shares compared to garments. Current theme is oil and construction! Nike product is always on Demand

Posted by kent_1 > 2019-06-27 10:14 | Report Abuse

i will slowly collect more, i am just a small fish with buying price lower than its own company director!

Posted by cyeec2000 > 2019-06-27 10:36 | Report Abuse

Apple168: i am afraid you are red eye to us hehe, i am already earned money..