Posted by William Ng > 2019-09-02 16:51 | Report Abuse

Hopefully reach RM6 Before share split bonus share

Posted by shahukhan > 2019-11-23 22:07 | Report Abuse

US$:RM is now 4.22:1. Stronger dollar is better for Magni. RM6 is not far away.

Posted by William Ng > 2019-09-05 23:03 | Report Abuse

Trading Call: Buy on continuation above RM5.38

Target: RM5.71, RM5.80 (time frame: 3-6 weeks)

Exit: RM5.18

=======
slowly up each day

Posted by EngineeringProfit > 2019-09-23 16:21 | Report Abuse

HUAT ARR

Posted by VSLSB > 2019-09-10 18:35 | Report Abuse

Great quarterly results from Magni. Congratulations to all who invested.

Posted by S_ken > 2019-09-10 18:41 | Report Abuse

Total div 12sens expired 10th oct:)

Posted by William Ng > 2019-09-10 20:04 | Report Abuse

if compare same quarter:

oct 2019 = 12 sen
oct 2018 = 10 sen
oct 2017 = 10.5 sen
oct 2016 = 10 sen

Huat arr~~~~

Posted by William Ng > 2019-09-10 20:05 | Report Abuse

tomorrow sure up ~~

Posted by bsngpg > 2019-09-10 20:11 | Report Abuse

agree that price would go up with this good earning.

Posted by William Ng > 2019-09-11 06:44 | Report Abuse

Rocket up

Posted by EngineeringProfit > 2019-09-11 07:08 | Report Abuse

huat ar

Posted by apple168 > 2019-09-11 07:36 | Report Abuse

https://www.bloomberg.com/news/articles/2019-08-05/vietnam-won-the-u-s-china-trade-war-but-is-now-in-trouble-itself

Posted by EngineeringProfit > 2019-09-11 09:48 | Report Abuse

HUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUAAAAAAAAAAAAAAAAAAAAAAAAT AAAAAAAAAAAAAAAAAAAAARRRRRRRRRRRRRRRRRRR

Posted by William Ng > 2019-09-11 11:18 | Report Abuse

Top gainer

Posted by EngineeringProfit > 2019-09-11 11:37 | Report Abuse

HUUUUUUUUUUUUUUUUAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAT

AAAAAAARRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

Posted by kent_1 > 2019-09-11 11:55 | Report Abuse

Public bank TP 6.6 :)

Posted by shareinvestor88 > 2019-09-11 15:02 | Report Abuse

Why up ??

Posted by apple168 > 2019-09-11 15:28 | Report Abuse

Big shares starts to dump magni share... good luck!

Posted by VSLSB > 2019-09-11 16:17 | Report Abuse

@apple168: As long as Magni's business has not changed in any singnificant way, why should you be concerned? As far as this quarter is concerned, Magni did pretty well.

Majority shareholders of Magni are Tan Poay Seng and Tan Sri Tan Kok Ping. Every time they buy or sell shares they have to declare the trade, I don't see them sell. Of course, you are always welcome to sell/short Magni shares if you know better.

Posted by apple168 > 2019-09-11 17:31 | Report Abuse

Why you worried of our stand on magni? Must be chasing high! Haha... at current trumpish economy era, any share up 5-10% is time to lock profit!

Posted by apple168 > 2019-09-11 17:37 | Report Abuse

Magni shares jumped due to so called market siput posted self proclaimed excellent profits and attracted small fishes chase the price and hence the price going north! Current magni share price is extremely overvalued!

Posted by William Ng > 2019-09-11 17:46 | Report Abuse

After 1 month here, i can conclude that we can ignore what apple168 said

Posted by lcng123 > 2019-09-11 17:48 | Report Abuse

No matter how... Apple168 keep going on to complain Magni, from RM4.90 to today's closing at RM5.78. I think she has lost a lot of opportunities to buy in Magni. We all already secure profit but she still keep complaining.

Posted by shareinvestor88 > 2019-09-11 18:30 | Report Abuse

apple168 why u suggest sell when profit good ?

Posted by SEEMAL > 2019-09-11 18:51 | Report Abuse

Hold it

Posted by William Ng > 2019-09-11 18:59 | Report Abuse

Maybe he/she stuck since 2017 when the price is rm7?

Posted by VSLSB > 2019-09-11 19:30 | Report Abuse

@apple168: I should ask you the same. Why are you worried about my stand on Magni? I'm not concerned so much about Mr Trump's view on trade, as long as Magni (and Nike) does well, should we be really bothered? Moreover he has been president for 3 years, during these 3 years Magni has been consistent in dishing out dividends, how would another year be any different?

Magni's jump in profit is not hot air like London Biscuit, it is backed by increase in cash and assets which resulted in increase of NTA per share. People pay for that growth, not just coz you say its overvalued.

Posted by klse888 > 2019-09-11 21:37 | Report Abuse

frankly speaking, magni is not the good stock for those looking for 5-10% profit in short term or day trade, they should look for those active stock instead

Posted by VSLSB > 2019-09-12 01:41 | Report Abuse

@klse888 Usually I wouldn't even bother investing a company for a 5 to 10% return. If that is the kind of returns you are looking for, then you are better off investing in ASNB. Lower risk with virtually guaranteed returns of around 5.5 to 6.5% p.a.

Posted by apple168 > 2019-09-12 08:47 | 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 near 6 is near 100% premium from magni NTA price. 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 opinions on magni! Greedy kill! Be informed that final decision to buy or sell is always yours!

Posted by William Ng > 2019-09-12 10:16 | Report Abuse

No.6 is the weakness of magni

Posted by William Ng > 2019-09-12 10:17 | Report Abuse

Your no8 point is against no.5

Posted by William Ng > 2019-09-12 10:18 | Report Abuse

Nike = branded, iphone= branded, why yongster wanna buy iphone?

Posted by William Ng > 2019-09-12 10:55 | Report Abuse

Even uncle uncle also buy iphone, why?

Posted by apple168 > 2019-09-12 12:33 | Report Abuse

Economic recession still buy expensive Nike shirt? Crazy!

William, did you read the Apple company report that the iPhone sales dropping QoQ and YoY? If you are blind, stop leading the blind too! Dangerous indeed!

Posted by lcng123 > 2019-09-12 12:51 | Report Abuse

apple168, no matter what reasons you mentioned, the result told everything. Maybe... maybe Magni present a very very bad result in next quarter, otherwise I will treat your comments as rubbish.

Posted by cyeec2000 > 2019-09-12 12:58 | Report Abuse

Apple168 you should put your money to mbi, jjptr which more faster returned, magni is too slow for you

Posted by apple168 > 2019-09-12 16:16 | Report Abuse

Our clients hv sold off and lock their profits on magni shares! Be informed!

Posted by apple168 > 2019-09-12 16:16 | Report Abuse

Greedy kills!

Posted by RainT > 2019-09-12 18:47 | Report Abuse

I will not invest in MAGNI

too high reliance on NIKE sales

Posted by shareinvestor88 > 2019-09-12 18:59 | Report Abuse

apple168 are u an investment manager ? u sound good. can i look for u to help my investment ?

Posted by chonghai > 2019-09-12 21:13 | Report Abuse

Even in 2008, NIKE posted revenue growth.

Posted by William Ng > 2019-09-13 14:39 | Report Abuse

Almost RM6

Posted by William Ng > 2019-09-13 14:40 | Report Abuse

6.60 is not far

Posted by VSLSB > 2019-09-13 16:43 | Report Abuse

@William Ng: At the current price, I would say that it is fully valued. Unless Magni suddenly decides to do an M&A, do expect the price to hover around today's level or less.

Posted by KK93 > 2019-09-14 10:14 |

Post removed.Why?

Posted by William Ng > 2019-09-14 18:35 | Report Abuse

@VSLSB how long u keep magni stock?

Posted by William Ng > 2019-09-14 18:36 | Report Abuse

I'm think to keep this long term for dividend, but afraid the price drop soon after share split

Posted by William Ng > 2019-09-14 18:38 | Report Abuse

I believe that magni is possible to reach 6.6 before dividend, or before share split bonus share, but what concerm me is afe

Posted by William Ng > 2019-09-14 18:38 | Report Abuse

After