Posted by apple168 > 2019-07-04 22:28 | Report Abuse

12 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. China has the biggest garment market! Ppl of China are boycotting Nike-US products
6. Only produce Nike garment (Depends on Nike sales)
7. Current magni share price of 4.9+ is near 60% premium from magni NTA price (more premium than Maybank!) Looking at magni peers ie prlexus share price is still bearish...
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!
11. Trump going trade war against Vietnam!
12. Magni directors share buy back at 5+ to 6+ in 2018 and thereafter, magni share price crashed to 3.8+!

Posted by cyeec2000 > 2019-07-04 22:50 | Report Abuse

Again you just never learnt..you are not worth to be trusted..people in here already called you to stop. We are no need this advice..Just try to fool yourself with your knowledge. Try to join i3 competition, i think many of us can fare better than you.

Posted by cyeec2000 > 2019-07-04 22:52 | Report Abuse

You call every women as your mom too.

Posted by apple168 > 2019-07-04 23:36 | Report Abuse

Directors of course happy and steady in AGM as magni share selling at a premium 60% from magni NTA.

Let’s me illustrate to you further.

You hv a 10 year old PROTON car only worth RM3250. Are you happy and steady if ppl want to buy at RM4960?

With this illustration, 10 year old PROTON is a sell or buy?

Simple maths should give you the answer!

Posted by cyeec2000 > 2019-07-05 07:25 | Report Abuse

Again, the valuation method of you is full of bias and statement of 12 reasons are seemed to be no better than fortuneteller. I think many of rational investor will be better judgement, no need your advice.

Posted by cyeec2000 > 2019-07-05 07:32 | Report Abuse

you can dump your shares, i wanna to buy more.

Posted by VSLSB > 2019-07-05 08:16 | Report Abuse

apple168: The news below disagree with your point 4 and point 5.

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/breaking-down-nikes-nke-q3-224010401.html

Posted by cyeec2000 > 2019-07-05 08:32 | Report Abuse

Ppl buy stocks is just not only to see the value of asset. Its seeing how much the asset can generate. How much the cashes flow. I suggest her to go to dutaland, sapura energy which are asset riches not here to talk a lot nonsense. Talked a lot of vietnam trade war and interest rate, i could seek those advice at temple by paying rm3.6.

Posted by apple168 > 2019-07-05 13:02 | Report Abuse

Crazy to buy such overvalued magni company!

Posted by apple168 > 2019-07-05 13:02 | Report Abuse

Btw, I m professional fund manager working in Singapore!

Posted by JMH96 > 2019-07-05 13:06 | Report Abuse

who cares ?

Posted by cyeec2000 > 2019-07-05 13:13 | Report Abuse

good luck to your customers. one day market will teach you a lesson.

Posted by apple168 > 2019-07-05 13:22 | Report Abuse

My winning rate is near 90%...

Posted by cyeec2000 > 2019-07-05 13:25 | Report Abuse

Good you can prove yourself in i3 competition,let us to see how your asset heavily profiolio fare in order to justify what you claimed to be.

Posted by dnlt > 2019-07-05 13:40 | Report Abuse

cyeec2000,
Tan Poay Seng is the son of Tan Kok Ping.
Father = Chairman. Son = MD .

Posted by cyeec2000 > 2019-07-05 14:11 | Report Abuse

Dnlt: yup i know.. I had attended twice agm, had a chance to talk witj both tan.

Posted by dnlt > 2019-07-05 14:30 | Report Abuse

Dear "professional fund manager", Congrats for beating the market.

https://www.cnbc.com/2019/03/15/active-fund-managers-trail-the-sp-500-for-the-ninth-year-in-a-row-in-triumph-for-indexing.html

"After 10 years, 85 percent of large cap funds underperformed the S&P 500, and after 15 years, nearly 92 percent are trailing the index."

Posted by apple168 > Jul 5, 2019 1:02 PM | Report Abuse
Btw, I m professional fund manager working in Singapore!

Posted by apple168 > Jul 5, 2019 1:22 PM | Report Abuse
My winning rate is near 90%...

Posted by cyeec2000 > 2019-07-05 14:40 | Report Abuse

Dnlt: haha you are right, some of fund manager they are interest to clients money more than earned money from investment

Posted by apple168 > 2019-07-05 15:37 | Report Abuse

https://www.bloomberg.com/news/articles/2019-07-03/u-s-slaps-import-duties-on-vietnam-steel-in-ramp-up-of-tension

Posted by VSLSB > 2019-07-05 15:45 | Report Abuse

apple168: You don't strike me as a professional. A professional would not resort calling others 汉奸for disagreeing with his/her views. They certainly would not go around recommending people to buy/sell certain stocks based on whatever 10, 12 or 1000 reasons. Whether if an individual wants to buy or sell, it should always be his/her decision alone and at his/her risk.

Or perhaps you are managing a fund, and knowing your fund is failing and knowing the potential of this company. You dessimate misleading information in order for you to encourage people to dump this stock for you to collect at a significantly lower price. If that is the case, you should resign your position immediately failing to manage your fund properly.

Posted by VSLSB > 2019-07-05 15:50 | Report Abuse

"Revenues for the Nike brand, which excludes Converse merchandise, jumped 10% from the same quarter last year to $9.7 billion. Converse sales were about flat at $491 million.

Total sales in North America, excluding fluctuations in currency rates, were up 8% to $4.17 billion. Sales in the China region surged 22% to $1.70 billion."

https://www.google.com/amp/s/www.cnbc.com/amp/2019/06/27/nike-reports-fiscal-4q-2019-earnings.html

Posted by apple168 > 2019-07-05 15:51 | Report Abuse

Those who chase high are panicking... haha... serve you right! I hv no intention to buy magni, grossly overvalued company with above 12 reasons not to buy magni! Thanks.

Posted by apple168 > 2019-07-05 15:53 | Report Abuse

Please do buy magni more if you think magni has “huge” potential! Isn’t it better if magni share crash and you can buy more at lower cost... haha

Posted by VSLSB > 2019-07-05 16:44 | Report Abuse

apple168: Nike is doing pretty well. Their sales increased y-o-y as per posted just now.

"Revenues for the Nike brand, which excludes Converse merchandise, jumped 10% from the same quarter last year to $9.7 billion. Converse sales were about flat at $491 million.

Total sales in North America, excluding fluctuations in currency rates, were up 8% to $4.17 billion. Sales in the China region surged 22% to $1.70 billion."

https://www.google.com/amp/s/www.cnbc.com/amp/2019/06/27/nike-reports-fiscal-4q-2019-earnings.html


The only one panicking is you. Everyone here is contented about the returns they're making from Magni except you. If you have no intention to buy Magni then what is your agenda here? It makes no sense to be attached to something you do not own. You already made your money earlier this year, as per your comment.


apple168 Sold all...thanks!
19/03/2019 1:03 PM

And that after pulling a stunt like this:

apple168 Let’s recap this sick Magni company.

Things are not looking good for Magni. Magni is sick. TP 2.

DO NOT CATCH THE FALLING KNIFE.

Good Luck.
26/06/2018 9:45 AM

Posted by shareinvestor88 > 2019-07-05 17:27 | Report Abuse

Dear Apple168
1. If u have not invested or have no intention to buy MAGNI why are u here ?
2. If u are good in investing why are u working for someone ?
why

Posted by cyeec2000 > 2019-07-05 17:48 | Report Abuse

She think that she is fund manager in Singapore has superior than other here. Dun underestimated wisdom of ppl here. Dun try to think ppl here are easily to be fooled.

Posted by myone99 > 2019-07-05 17:57 | Report Abuse

As for a real fund manager they don't share or write any public view. Only those try to get attention or someone that frustrated with their job that they lost big time and under great pressure. Soon most of the fund manager will be replace by AI. God bless them.

Posted by cyeec2000 > 2019-07-05 18:01 | Report Abuse

Yup, in fact she is just " fun manager " here try to make some joke hete..

Posted by VSLSB > 2019-07-05 18:03 | Report Abuse

myone99: Exactly. As a "fund manager" apple168, shouldn't you be looking for the next 10 bagger instead of fighting forumers in i3?

Posted by cyeec2000 > 2019-07-05 18:39 | Report Abuse

In fact, Most of the funds managers still got their bonus, salary and compensation even they cant performed. They can reveal overstated fund returned without stated the cost of funds, average daily transaction costs and management fees to be charged. Peter lynch even said that some of funds manager didnt know what their buy. Still many ppl dun know about it. Thats why warren buffett and john bogle advocated that ETF should be choice instead of actived managed funds.

Posted by apple168 > 2019-07-06 20:55 | Report Abuse

12 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. China has the biggest garment market! Ppl of China are boycotting Nike-US products!
6. Only produce Nike garment (Depends on Nike sales).
7. Current magni share price of 4.9+ is near 60% premium from magni NTA price (more premium than Maybank!) Looking at magni peers ie prlexus share price is still bearish...
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 and construction related shares compared to garments. Current theme is oil and construction!
11. Trump going trade war against Vietnam!
12. Magni directors share buy back at 5+ to 6+ in 2018 and thereafter, magni share price crashed to 3.8+!

This is merely to share our opinion on magni! Be informed that final decision to buy or sell is always yours!

Posted by cyeec2000 > 2019-07-06 21:26 | Report Abuse

Yup i like to buy more..no problem can you sell more cheaper in opened market? Probably you can sell your part below rm1

Posted by cyeec2000 > 2019-07-06 21:28 | Report Abuse

You looked like very desperated that magnitech has not been heavily sold.. Your level is still low to be market maker..

Posted by Sheila James > 2019-07-06 21:38 | Report Abuse

Anybody here from Jupiter securities changed to CGS itrade? How much is the brokerage fee? How do I withdraw cash or shares from CGS itrade account? Can I do online?

Posted by shareinvestor88 > 2019-07-06 22:38 | Report Abuse

Dear Apple168
If ur so good in investment , i wonder why you are working as an analyst in Spore ?
why not work for your own .

Posted by cyeec2000 > 2019-07-06 23:28 | Report Abuse

She just dared to call ppl who brought magnitech as汗奸，but looked at herself where is intergrity or moral?

Posted by cyeec2000 > 2019-07-06 23:30 | Report Abuse

If i am her i would remain silent, talking much more to expose more how stupid am i..

Posted by VSLSB > 2019-07-07 16:09 | Report Abuse

Better to counter his/her arguments with facts. Usually they would just concede that certain group of investors are just too well informed and just move on to another group.

Posted by apple168 > 2019-07-08 14:41 | Report Abuse

Appreciate if you could read my good intentions to help the ikan bilis from getting VALUE TRAP in magni!

Posted by VSLSB > 2019-07-08 16:11 | Report Abuse

apple168: You have been preaching the same thing since last 1-2 years (i.e. TP 2 as per 26/06/2018) till now. If anyone had listened to you then would've lost 23 cents per share of dividends + capital appreciation of about 10%. That is a whopping RM2300 in divs if they have 100 lots!

Good intentions... Really?

Posted by cyeec2000 > 2019-07-08 16:39 | Report Abuse

Yup,.. Thats why she asked us to sell cheap to her.If fun manager skill like that,probably wont be heard of this so soon.

Posted by cyeec2000 > 2019-07-08 16:52 | Report Abuse

After her shout, magnitech share price risen back.. Its fun to see how she desperated.Haha..

Posted by apple168 > 2019-07-08 18:38 | Report Abuse

VSLSB, guess you cut loss on magni and chased high on magni. Now, trapped in magni and blame me for your mistakes! You r such a joker!

Posted by apple168 > 2019-07-08 18:38 | Report Abuse

If you hv followed me, you hv won big on airasia, hibiscus, Carimin, annjoo and our latest call on Ajinomoto and Genting!

Posted by VSLSB > 2019-07-09 01:49 | Report Abuse

apple168: You got it backwards boy, had I listened to you, I would've lost big. Resorting to personal attacks still doesn't answer your questionable intentions. Thank you but I will be avoiding all the stocks you recommended. Good luck trying to push them.

Posted by apple168 > 2019-07-11 10:39 | Report Abuse

12 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. China has the biggest garment market! Ppl of China are boycotting Nike-US products!
6. Only produce Nike garment (Depends on Nike sales).
7. Current magni share price of 4.9+ is near 60% premium from magni NTA price (more premium than Maybank!) Looking at magni peers ie prlexus share price is still bearish...
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 and construction related shares compared to garments. Current theme is oil and construction!
11. Trump going trade war against Vietnam!
12. Magni directors share buy back at 5+ to 6+ in 2018 and thereafter, magni share price crashed to 3.8+!

This is merely to share our opinion on magni! Be informed that final decision to buy or sell is always yours!

Posted by cyeec2000 > 2019-07-11 10:46 | Report Abuse

I like this posted, this is benchmark undervalued

Posted by cyeec2000 > 2019-07-11 10:52 | Report Abuse

If this cant worked, probably you need to post 100 reasons

Posted by kent_1 > 2019-07-11 11:01 | Report Abuse

i will just hold or even add more if it continues to go up! Since my holding price is way lower than their own directors (5+ to 6+) HHAHAHA

Posted by LongTermInvestment > 2019-07-11 12:54 | Report Abuse

Wonderful up.. Sour apple168 will vanish for a little while.