Posted by William Ng > 2019-09-14 18:40 | Report Abuse

Unless us trade war is completely over, magni shall benefit from the trade war

Posted by William Ng > 2019-09-14 18:42 | Report Abuse

Even if the trade war finally end with happy ending, i think us company will start to seek new country like myanmar

Posted by William Ng > 2019-09-14 18:42 | Report Abuse

To build new factory

Posted by William Ng > 2019-09-14 18:43 | Report Abuse

If DT win next election, we might still benefit~
Just my 2 cents

Posted by VSLSB > 2019-09-14 19:03 | Report Abuse

@William Ng: My opinion is based on its historic PE. I think it is stuck with low PE is because that Magni has no plans to expand its operations (i.e. M&E or looking for new customers etc.). Hopefully if Nike decides to open up new facilities in Myanmar, Magni would follow.

Posted by lcng123 > 2019-09-17 10:40 | Report Abuse

6.15... what a wonderful stock!

Posted by kent_1 > 2019-09-17 13:22 | Report Abuse

New 52 weeks high everyday :)

Posted by Carson Teor > 2019-09-17 14:00 | Report Abuse

RM8.00 is coming

Posted by Abba84 > 2019-09-17 14:23 | Report Abuse

Its RSI overbullish .n may fall a bit how come onlyPublic Invest had its trget raised

Posted by apple168 > 2019-09-17 15:30 | Report Abuse

Still have dumb ikan bilis chasing overpriced magni?! No eye see..,

Posted by apple168 > 2019-09-17 15:31 | Report Abuse

Big sharks disposing the tickets to you, dumb dumb ikan bilis!

Posted by apple168 > 2019-09-17 15:32 | Report Abuse

谨记，股神巴菲特2004年说的这句话，要在别人贪婪时恐惧，在别人恐惧时贪婪。

Posted by William Ng > 2019-09-17 16:16 | Report Abuse

Apple go buy your genting

Posted by RainT > 2019-09-17 16:42 | Report Abuse

6.20 new high now

some said 8.00, crazy

better said 100

Posted by apple168 > 2019-09-17 16:42 | Report Abuse

William, you chase high on magni?! Haha...

Posted by RainT > 2019-09-17 16:42 | Report Abuse

this MAGNI not worth so high also

depend on 1 customer only NIKE

Posted by apple168 > 2019-09-17 16:48 | Report Abuse

Magni is Overpriced kau2!

Ikan bilis, please listen, we must teach those sharks a lesson. Don’t buy from them to release them from being trapped in low liquidity Magni! Let them trapped there for ages!

Posted by Carson Teor > 2019-09-17 16:48 | Report Abuse

I am confident with Magni management, they will create value for shareholder

Posted by chonghai > 2019-09-17 16:54 | Report Abuse

Rule of Thumb : PE not over 10. Below 10 can buy.
Now not yet 10 but probably not much meat left. PE low I will buy. PE high I will not sell because of strong cash generation.

Posted by apple168 > 2019-09-17 17:04 | Report Abuse

Chong Hai, if buying shares are as simple as PE ratio, everyone is millionaires, no one losing money in stock markets!

Posted by klse888 > 2019-09-17 17:14 | Report Abuse

PE hardly over 10 I believe is because low liquidity of shares, one bonus and split complete then should able to enchance this issue

Posted by William Ng > 2019-09-17 17:47 | Report Abuse

I was here 1 month ago, my price is 5.20, ngam ngam earn RM1....

Posted by William Ng > 2019-09-17 17:47 | Report Abuse

Paper gain 19%

Posted by apple168 > 2019-09-17 18:23 | Report Abuse

Pandai tupai melompat, akhir jatuh ke tangga juga!

Posted by chesslim > 2019-09-17 20:01 | Report Abuse

Will build new high to rm 8 before bonus ex.

Posted by lcng123 > 2019-09-17 20:45 | Report Abuse

Apple168, the more you comments here, the higher closing price Magni broke. Please comments more.

Posted by VSLSB > 2019-09-17 23:40 | Report Abuse

@chesslim: I disagree. It will be way beyond Magni's historical PE range and would be overpriced at that stage.

Posted by chonghai > 2019-09-17 23:57 | Report Abuse

@apple168 Of course investment is more than PE. I already say it is just a simple rule of thumb. I have been following and holding Magni since 2013 so I know Magni balance sheet, ROIC, cash flow inside out.

Posted by William Ng > 2019-09-18 18:47 | Report Abuse

price goreng few days then slow down already, but still buy force is more then sell force

Posted by apple168 > 2019-09-18 23:33 | Report Abuse

I m a professional fund manager with PHD in economics! Who are you? I don’t listen to hearsay! You will face the music very soon with your baseless over exaggerated and over optimism of magni company!

Posted by shareinvestor88 > 2019-09-18 23:41 | Report Abuse

Dear Apple168
I want invest with you. How can i contact you ?

Posted by William Ng > 2019-09-18 23:59 | Report Abuse

when apple said beware of magni during early aug,if i didn't buy and follow he/she to genting which is dropping and dropping... hohoho....

Posted by William Ng > 2019-09-19 00:10 | Report Abuse

apple,i didnt said that u are completely wrong about magni, but i think u are bias...
i think current price is overprice, so please dont push up the price....
please dont buy, sell sell sell!!!

Posted by Hopeful > 2019-09-19 07:39 | Report Abuse

Hello Fellow Magni-ficents,

I am an infrequent contributor and small time investor. This thread has become quite interesting with diverging and somewhat heated opinions.

As I see it, we are in Magni forum because we either:
a) currently own it,
b) owned and sold it or
c) considering whether to buy this stock in future.

Everyone is entitled to their own opinion and each has their own motives.
Some up-ramp to push so they can sell, some down-ramp for opposite reason. Some happy to share and spread the good news.You either make money going long or make money shorting a particular stock.

As for Magni's share price rise, sure the corporate exercise was a factor ( up over 20 sen after announcement in August) but the greater and more sustained rally came AFTER their 1st Quarterly results and increased Interim Dividend. It was by all counts, a blow out quarter.

And to think the 1st Quarter is not traditionally their best quarter. Their 3rd quarter , straddling the Christmas and Holiday Seasons, is usually their best quarter. I am sure @chonghai will attest to this being a shareholder since 2013

Add to that 2020 is Olympics year. How much this will contribute only time will tell.

To be fair, Magni performed rather poorly dropping from RM7.30 in mid-2017 to aound RM4.00 at the end of 2018.

Disclaimer : I own Magni shares

I will now go back into my cave to hibernate.

Posted by lcng123 > 2019-09-19 09:30 | Report Abuse

Looks like Magni going to break recent high record today.

Posted by enigmatic [Breaker of Speculative Investing] > 2019-09-19 10:14 | Report Abuse

Buying frenzy. At this rate, price post-split & bonus would almost be like pre bonus & split.

Posted by hush_puppies > 2019-09-19 10:16 | Report Abuse

Touched above 70. Be cautious...

Posted by enigmatic [Breaker of Speculative Investing] > 2019-09-19 10:20 | Report Abuse

@hush_puppies, I agree. Those intending to get Magni should err on the side of caution. This might either be a pump & dump, or the eagerness to get bonus shares from a profitable growth company.

Posted by chonghai > 2019-09-19 13:06 | Report Abuse

@apple168 I cannot tell if you are a fund manager, but your 6 reasons, 10 reasons, 12 reasons do not match with your so call PHD background, and more like heresay in actual fact.
Let's see one year from now what is Magni earning. Let's talk about earnings, not share price.

Posted by rojakmee > 2019-09-19 13:28 | Report Abuse

Trump trade war shifting sales to Magni with better profit margin, just hold Immediate TP rm8

Posted by chonghai > 2019-09-19 13:31 | Report Abuse

@Hopeful
World Cup, Olympics has no impact on NIKE sales if we look at it yearly, so don't put hope on that. Apart from 2008, year in year out NIKE revenue just grow at about the same rate every year.

Posted by Carson Teor > 2019-09-19 14:18 | Report Abuse

As Fund Manager does means you will be good in investment, may unit trust fund manager does not perform well

Posted by lcng123 > 2019-09-19 15:38 | Report Abuse

@Apple168, if you are PHD fund manager, you were not be so free to comments so much in i3 forum. You supposed to concentrate to earn money for your customers rather than arguing with us here

Posted by klse888 > 2019-09-19 17:27 | Report Abuse

Well said lcng123, fund manger donno why come argue with part time retail investor here

Posted by cyeec2000 > 2019-09-19 17:52 | Report Abuse

If they dun performance, they still get moneys from innocent investors. If you ask the performance they will silent

Posted by apple168 > 2019-09-20 01:21 | Report Abuse

Be informed, Our big clients locked all profits on magni!

Posted by apple168 > 2019-09-20 01:31 |

Post removed.Why?

Posted by kent_1 > 2019-09-20 08:17 | Report Abuse

26th Sep AGM, 9th Oct Div Exp date, i will hold tight till then:)

Posted by lcng123 > 2019-09-20 11:01 | Report Abuse

@Apple168, your clients may thinking that they sold Magni too early based on your advice. They would happy if they can sell at RM6.40(yesterday closing price) rather than RM4.90(when you started posting negative comments on Magni). You may kena scold if I m your client.

Posted by Carson Teor > 2019-09-20 12:35 | Report Abuse

yes, most of the fund manager in Malaysia performed badly