MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.53

Today's Change

+0.01 (0.40%)

Day's Change

2.50 - 2.54

Trading Volume

69,800


7 people like this.

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

firenarch

21 posts

Posted by firenarch > 2019-08-01 23:52 | Report Abuse

so shareinvestor88, you know what to do now. Look at Whey Whey comment.

VSLSB

68 posts

Posted by VSLSB > 2019-08-02 00:50 | Report Abuse

@shareinvestor88: Buy and sell at your own risk.

@Whey Whey: Pointless to predict where it goes tomorrow. If you think worth keeping for long term then go in whatever the price point is. Price is what you pay, value is what you get.

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-08-02 01:28 | Report Abuse

@VSLSB I'm only discussing with other friends here that really interested not those troll lol! And plus predictions is fun. Not like the shares will definitely move like what i said xD
Just chill and have some fun while sitting watching magni show tomorrow onwards haha..

apple168

6,236 posts

Posted by apple168 > 2019-08-02 14:49 | Report Abuse

Magni profits will drop with US dollar depreciation! Be forewarned!

kent_1

102 posts

Posted by kent_1 > 2019-08-02 17:48 | Report Abuse

wish i have the buying power like the company directors. 100k units at 4.877 at one go.

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-08-02 21:38 | Report Abuse

Wooo Apple troll is back!!! Ok la Next week confirm shoot up again! Haha

VSLSB

68 posts

Posted by VSLSB > 2019-08-03 09:22 | Report Abuse

apple168: 1USD=RM4.155.

apple168

6,236 posts

Posted by apple168 > 2019-08-05 15:43 | Report Abuse

1 Singapore dollar is 3.10 ringgit!

apple168

6,236 posts

Posted by apple168 > 2019-08-05 15:43 | Report Abuse

Soon Tun M will peg ringgit! Check mate!

apple168

6,236 posts

Posted by apple168 > 2019-08-05 15:45 | Report Abuse

Who will buy expensive Nike clothes in recession? No doubt, China will boycott Nike for sure! Mati magni!

VSLSB

68 posts

Posted by VSLSB > 2019-08-06 00:01 | Report Abuse

apple168: Peg the ringgit? With what reserves? As of today, 1USD=RM4.18. Nike was one of the few who openly appealed to President Trump to stop the trade war against China so there will definitely be some sympathy among the Chinese public. With the US imposing tariffs on sports clothing from China, Nike would draw more from Vietnam which benefits Magni! Furthermore the Olympics is coming next year which will be a bonus to them as well.

Posted by RogerTan901111 > 2019-08-06 01:00 | Report Abuse

just look at Magni’s balance sheet, it is obvious this is an undervalued stock. The market trend/Nike retail is seasonal. Should not be a valuation point of a stock.

apple168

6,236 posts

Posted by apple168 > 2019-08-06 08:28 | Report Abuse

China banned all US agricultural products! What next? Nike? Apple? Checkmate!

VSLSB

68 posts

Posted by VSLSB > 2019-08-06 14:59 | Report Abuse

apple168: Both Nike and Apple are AGAINST the trade war against China. Since US is taxing sporting goods from China, they would be more inclined to take more from Vietnam!

apple168

6,236 posts

Posted by apple168 > 2019-08-06 19:21 | Report Abuse

We hv TRUMP... trade war is ever increasing! This is just the starting of the TRADE WAR show, not climax yet, not ending yet... ENJOY!

VSLSB

68 posts

Posted by VSLSB > 2019-08-07 00:45 | Report Abuse

apple168: He can shout whatever he wants because frankly at the end of the day, he either gets the deal with China done or he can kiss his re-election good bye. Anyhow at the mean time, I am appreciating his efforts in strengthening the USD which means better profits for Magni.

apple168

6,236 posts

Posted by apple168 > 2019-08-07 07:57 | Report Abuse

I m telling you all unselfishly again! How big is China market? China population? Expecting Next move from China is to ban all US products from selling in China if trade war heating up! With China currency deprecation, Nike and other US products will become more and more expensive in China, in turn hurting the overall sales of Nike and causing inventories to increase!

William Ng

893 posts

Posted by William Ng > 2019-08-07 23:20 | Report Abuse

apple168: if we like nike, we still buy nike even it is more expensive, just like apple phone.

cyeec2000

994 posts

Posted by cyeec2000 > 2019-08-07 23:26 | Report Abuse

Apple: Buying and selling ppl here i believe can able to make decision better than you.

lcng123

1,121 posts

Posted by lcng123 > 2019-08-08 17:08 | Report Abuse

Apple: What are you worry about ? kept commenting the same thing? I/we understood what you have commented against Magni a few weeks ago and now left us to decide whether buy or sell. If you worry the risks, then sell your stake on Magni.

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-08-10 14:12 | Report Abuse

I don't mind apple keep talk bad magni...because every time he talk Magni shoot up hahaha

cyeec2000

994 posts

Posted by cyeec2000 > 2019-08-10 17:14 | Report Abuse

She is benchmark of undervalued hahah.

apple168

6,236 posts

Posted by apple168 > 2019-08-12 16:12 | Report Abuse

一群汉奸,汪汪叫!

apple168

6,236 posts

Posted by apple168 > 2019-08-12 16:17 | Report Abuse

中国之强大,淡黄子孙之光;贸易之战,不可被 無恥之徒(汉奸)给败走!

VSLSB

68 posts

Posted by VSLSB > 2019-08-12 20:34 | Report Abuse

apple168: You have just discredited yourself. If you have nothing better to argue against their points, you should refrain from making further comments. There is a saying it is smarter to say nothing, than saying something which is means nothing.

As of right now, USD continues to strengthen against MYR, additional 10% tariffs on remaining imported items from China which will encourage Nike to take from Vietnam, continued sales growth of Nike in China as per latest QR, Nike against trade war with China which will create sympathy for Nike in China, upcoming Olympics which will boost sales even more.

Plus bonus issue and share split as cherry on top.

I pity you let your blind hatred get the best of you. Probably it is better you take your sympathy elsewhere ( like your Hibiscus, Genting, Ajinomoto and all other stocks you recommended). Most of them are reeling from losses since the last time you recommended them. Lucky you are not in China, the CCP prolly will make you disappear for causing unsuspecting traders for losing so much money.

lcng123

1,121 posts

Posted by lcng123 > 2019-08-13 15:52 | Report Abuse

Apple.. you talking about 汉奸 in the forum.... look like you have nothing to comment anymore. what a pity.... apple !

apple168

6,236 posts

Posted by apple168 > 2019-08-15 11:48 | Report Abuse

Protect your capital, hard earn money!

VSLSB

68 posts

Posted by VSLSB > 2019-08-15 19:37 | Report Abuse

apple168: Yes we should. From the likes of you.

William Ng

893 posts

Posted by William Ng > 2019-08-23 11:37 | Report Abuse

Today up so many

chonghai

480 posts

Posted by chonghai > 2019-08-23 19:35 | Report Abuse

Ex-date for Bonus issue announced already ?

William Ng

893 posts

Posted by William Ng > 2019-08-23 20:14 | Report Abuse

Nop

William Ng

893 posts

Posted by William Ng > 2019-08-24 12:43 | Report Abuse

SBB, thats y price increase

apple168

6,236 posts

Posted by apple168 > 2019-08-26 07:58 | Report Abuse

In the midst of escalating trade war, the best strategy is “hit and run”. In other words, once hit 5-10% profit (better than local bank fix deposit), sell and lock profits. Cheers and embrace the trump-ish economy!

apple168

6,236 posts

Posted by apple168 > 2019-08-26 08:00 | Report Abuse

https://youtu.be/Bir9ZypFjOg

Username

32 posts

Posted by Username > 2019-08-26 15:35 | Report Abuse

Stocks on Radar - Magni-Tech Industries (7087)
Author: AmInvest Publish date: Mon, 26 Aug 2019, 8:44 AM

Magni-Tech Industries shot up and formed a long white candle in its lastest session. With an RSI level above 60%, it may continue to climb above the resistance price of RM5.25. If this happens, its short-term target price will be RM5.48 followed by RM5.71. Support price is anticipated at RM5.02, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM5.25

Target: RM5.48, RM5.71 (time frame: 3-6 weeks)

Exit: RM5.02

Source: AmInvest Research - 26 Aug 2019

apple168

6,236 posts

Posted by apple168 > 2019-08-26 16:38 | Report Abuse

One dollar Money Game"

Story begins like this...

It is said that Yale University Professor KO once took out a one-dollar bank note. Please ask for the price of this bank note, starting at 5 cents. The increase is in 5 cents, and the highest bidder gets this $1 bank note, but the bid "highest and second highest" must pay the auctioneer the amount of the bid, which means that the second highest person must pay and can be obtained.

This kind of unique dollar auction has invited everyone's interest. Many students started bidding. For convenience, I will only list the highest and second highest bids.
Student A bids 5 cents
Student B bids 10 cents
Student A goes out to 15 cents
Student B goes out to 20 cents...

When the two students reached 45 cents and 50 cents, they started to feel a little bit wrong. At this time, if no one gives a higher price, the professor will lose 50 cents. At this time, A wants to lose 45 cents if he does not bid, so he continues to bid 55 cents, I thought I might earn 45 cents.

Of course, B is not willing to lose, he has been 5 cents more than A. When A goes out to 95 cents and B goes out to 100 cents, B can't make any money, and A thinks if he doesn't bid. To lose 95 cents, you may lose only 5 cents if you continue to bid.

Then
A continues to out to 105 cents...
B continues to go to 110 cents...
......

The last dollar was auctioned for $20! At first the students just had the opportunity to pay a few hundred cents for the professor's dollar.

The most subtle design of this auction is that the second highest bidder also needs to pay the price he shouted, but in the end nothing can be obtained.

Many people just fall into the trap because they are in the trap. The baby's heart is bitter, but the baby doesn't say it. It will drag those who want to take advantage of it into this money game, and eventually lose both.

In fact, at first, students are feeling interesting and thinking that they can even make a small profit, but when the bids going higher, they actually feel that they are in trouble, but in order not to let themselves losing up, hence, continuing to bid, and finally, regret to participate in this auction.

In reality, why do people fall into the money game trap again and again? We believe this is likely due to GREED! In order to earn pocket money, the result is "winning the sugar, losing the whole factory."

There is “no elevator to success, you hv to take the stairs”.

Good Luck!

VSLSB

68 posts

Posted by VSLSB > 2019-08-26 22:35 | Report Abuse

apple168: What you just posted made no sense. Tariffs are aimed at China, not Vietnam! President Trump's endgame is to contain China. Just a few days ago he just asked American companies to leave China. This would leave Magni at a better standing since if Nike does take President Trump's directive and get out of dodge, they would have to source garments from Vietnam to compensate whatever lost production!

You really should post one dollar money game story to your recommended stocks. God knows people there need it.

cyeec2000

994 posts

Posted by cyeec2000 > 2019-08-26 22:44 | Report Abuse

What she wanna to said that invested into magni is same as put money into money games.

chonghai

480 posts

Posted by chonghai > 2019-08-27 18:25 | Report Abuse

The risk I foresee will be with Vietnam getting heated up, salary increase will increase cost for Magni. Apart from this, I do not see much risk.

William Ng

893 posts

Posted by William Ng > 2019-08-28 00:35 | Report Abuse

what are the requirements to attend magni AGM?

William Ng

893 posts

Posted by William Ng > 2019-08-28 10:29 | Report Abuse

虽然我买了这个美女股,但我不明白为何会升到5.23

lcng123

1,121 posts

Posted by lcng123 > 2019-08-28 10:47 | Report Abuse

William Ng, 我不明白为何你会买Magni, 看起来你并不了解它

William Ng

893 posts

Posted by William Ng > 2019-08-28 12:15 | Report Abuse

槟城的公司,我也是槟城人…

William Ng

893 posts

Posted by William Ng > 2019-08-28 12:16 | Report Abuse

帮nike生产里面的东西

lcng123

1,121 posts

Posted by lcng123 > 2019-08-28 18:15 | Report Abuse

你只知道这些吗?它一年赚多少钱你知道吗?最近有宣布什么吗?

William Ng

893 posts

Posted by William Ng > 2019-08-28 21:38 | Report Abuse

1 分 2 , 3 送 1, eg: 300股变成800~~

William Ng

893 posts

Posted by William Ng > 2019-08-29 16:28 | Report Abuse

股价真的太高,没什么人买卖

William Ng

893 posts

Posted by William Ng > 2019-08-29 17:40 | Report Abuse

Magni-Tech Industries shot up and formed a long white candle in its lastest session. With an RSI level above 60%, it may continue to climb above the resistance price of RM5.25. If this happens, its short-term target price will be RM5.48 followed by RM5.71. Support price is anticipated at RM5.02, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM5.25

Target: RM5.48, RM5.71 (time frame: 3-6 weeks)

Posted by enigmatic [Breaker of Speculative Investing] > 2019-08-30 17:52 | Report Abuse

Happy Happy ~
Good 5sen dividend

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