Posted by William Ng > 2019-11-22 23:23 | Report Abuse

time to enter~

Posted by shareinvestor88 > 2019-11-24 09:29 | Report Abuse

Buy or sell ?

Posted by sell > 2019-11-24 22:00 | Report Abuse

Overvalued. TP RM 2.

Posted by nurfarhan > 2019-11-27 09:03 | Report Abuse

buy call buy call

Posted by Hahaqwe > 2019-11-28 17:22 | Report Abuse

Magni should be mid of next month

Posted by gemfinder > 2019-11-28 20:02 | Report Abuse

Waiting lower to enter

Posted by shareinvestor88 > 2019-12-01 22:53 | Report Abuse

wait at 50c ?

Posted by gemfinder > 2019-12-03 11:47 | Report Abuse

bought 2.42

Posted by kent_1 > 2019-12-03 17:28 | Report Abuse

QR should be out in few days time, expecting record high revenue and profit since record high inventory. Lets see ;)

Posted by Calvinharris > 2019-12-03 19:13 | Report Abuse

还有股息派。

Posted by shareinvestor88 > 2019-12-03 21:57 | Report Abuse

wait buy at 50c

Posted by William Ng > 2019-12-04 21:57 | Report Abuse

2.43~~~~~

Posted by kaleemtheman > 2019-12-05 14:42 | Report Abuse

Magni-Tech likely to benefit from the coming Tokyo Olympics

Posted by shahukhan > 2019-12-05 16:29 | Report Abuse

Definitely a growth company. Planning new production lines for winter clothing. Higher margin compared to sport attires.

Posted by gemfinder > 2019-12-05 19:58 | Report Abuse

Added tis morning 244

Posted by Kei2 > 2019-12-05 22:00 | Report Abuse

GS upgraded Nike to buy

Posted by smallfishyu > 2019-12-06 14:50 | Report Abuse

We expect Magni to benefit from the trade diversion as its major US customer diverts its orders to Vietnam and other ASEAN garment manufacturers. Furthermore, we opine that Magni will be able to grow in tandem with its single major customer. Given the minimal capex expenditure for the year, we are forecasting a higher dividend payout by Magni for the year from 30% to 35%.

Posted by chesslim > 2019-12-07 13:11 | Report Abuse

May be hv special dividen on this coming quarter result.

Posted by ramada > 2019-12-10 18:08 | Report Abuse

6.89 sen.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=7087

Posted by bsngpg > 2019-12-10 18:28 | Report Abuse

2.5cts div X on 24Dec2019, nice gift for Christmas Eve.

Magni delivers 3.85% yield for 2019 @ RM2.60. Not bad especially after significant capital appreciation this year. Cheers !

Posted by Investar2862 > 2019-12-10 18:33 | Report Abuse

Note: The 6.89 sen EPS is in fact 18.37 sen (6.89 x 2.666) as compared to the previous quarters due to the Bonus issue.


Posted by ramada > Dec 10, 2019 6:08 PM | Report Abuse

6.89 sen.

Posted by gemfinder > 2019-12-10 20:28 | Report Abuse

Good result. Tomorow fly

Posted by lcng123 > 2019-12-10 22:24 | Report Abuse

EPS 6.89sen and Div 2.5sen equivalent to 18.37sen and 7sen before bonus ex. compare to previous year EPS 14.26sen and div 5sen.

Posted by RogerTan901111 > 2019-12-10 22:40 | Report Abuse

Haha tomorrow confirm will fly. Congrats all Magni holder.

Posted by RainT > 2019-12-10 22:47 | Report Abuse

wah

profit up again

Posted by shareinvestor88 > 2019-12-11 00:26 | Report Abuse

Sell sell tp 1

Posted by Huat1 > 2019-12-11 06:42 | Report Abuse

The difference between successful people and poor people is in his mindset.
Successful people knows what's right or good for them. He knows how to evaluate things and situations accurately.

MAGNI is a good company that is able to churned out good performance quarter after quarter, year after year... not many companies in KLSE can achieve.

Make a smart decision will determine your success or failure...

Posted by gemfinder > 2019-12-11 10:27 | Report Abuse

added 2.54

Posted by apple168 > 2019-12-11 11:50 | Report Abuse

US China trade war is heating up! China government gave administrative order to change all government computers, operating system, software to local products.

SURELY WILL HIT GARMENTS MARKET, ESPECIALLY NIKE!

Good Luck!

Posted by gemfinder > 2019-12-11 12:02 | Report Abuse

u gila… u dun need to wear clothes ka? u like naked, right?

Posted by shareinvestor88 > 2019-12-11 12:30 | Report Abuse

Dear apple168 i sold magni as advised by u.
what stocks can i buy now ?

Posted by William Ng > 2019-12-11 14:40 | Report Abuse

Y price drop even declare dividend?

Posted by Investar2862 > 2019-12-11 15:24 | Report Abuse

Magni-Tech (Magni) posted a 17.8% YoY revenue growth to RM301.3m for 2QFY20, while its net profit jumped by 28.7% YoY to RM29.9m, mainly attributable to promising sales contributions from the garment segment and lower operating costs incurred. After stripping-out foreign exchange gains of RM2.7m, Magni’s cumulative 1HFY20 core net profit is at RM57.6m, broadly in-line with our expectations at 46.4% of our full year estimates.

We leave our earnings unchanged as 3Q is a seasonally stronger one. Moving forward, we believe the higher capacity from its 2-phase expansion plan will enable Magni to fulfill more orders from its single major customer.

We reiterate our Outperform call on Magni with an unchanged SOP-based TP of RM2.91. Separately, Magni declared a higher DPS of 2.5 sen (2QFY19: 1.875 sen).

2QFY20 Revenue (+17.8% YoY). Garment segment revenue, Magni’s largest contributor, jumped by 21.9% YoY to RM277.2m due to higher sales orders received, a direct consequence of trade diversions from US customers. On the flip side, packaging segment revenue fell by 14.7% to RM24.1m as sales orders fell.

2QFY20 Profit Before Tax (+25.3% YoY). Garment-based PBT grew by 27.9% YoY, mainly boosted by better operational efficiencies at its manufacturing plants in Vietnam, higher foreign exchange gains (2QFY20: RM2.6m vs 2QFY19: RM2m) and higher investment-related income. Packaging division’s PBT was lower in tandem with the lower sales orders received meanwhile.

Going forward. Magni will be one of the major beneficiaries from the US China trade dispute as its major US customer diverts its orders away from China to Vietnam and other garment manufacturers in the ASEAN region. Furthermore, 2020 will be a major sporting year with the UEFA European Championships and Tokyo Olympics expected to fuel the growing demand for sportswear. We are optimistic that Magni will be able to ride this oncoming wave.

Source: PublicInvest Research - 11 Dec 2019

Posted by William Ng > 2019-12-11 17:04 | Report Abuse

Last time follow public bank TP, Betul betul reach the TP

Posted by lcng123 > 2019-12-11 21:12 | Report Abuse

Nike will announce Q2 FY2020 result end of this month. If result is good, then Magni next quarter result will be good too.

Posted by James Ng > 2019-12-12 08:36 | Report Abuse

https://klse.i3investor.com/blogs/general/246626.jsp
[转贴] [MAGNI-TECH INDUSTRIES BHD：销售订单增加] - James的股票投资James Share Investing

Posted by KPH5328 > 2019-12-12 09:57 | Report Abuse

2.5cts div equivalent to 2.5*2.67= 6.67ct before split & bonus issue, vs 5cts last year same quarter, div increases 33%. On track with forecast by Pub Inv, a higher dividend payout by Magni for the year from 30% to 35% due to minimal capex expenditure and improved earning

Posted by William Ng > 2019-12-12 10:03 | Report Abuse

Drop for few days then will up back before dividend ex date

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

press gao gao by operator

Posted by William Ng > 2019-12-12 18:28 | Report Abuse

2.91 confirm no problem

Posted by apple168 > 2019-12-14 08:59 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2161409.html

Posted by apple168 > 2019-12-14 09:00 | Report Abuse

China boycotting US related thingy... will hit Nike for sure!

Posted by gemfinder > 2019-12-14 09:26 | Report Abuse

Yalo.. u din need to wear clothes.. u like naked

Posted by William Ng > 2019-12-15 01:06 | Report Abuse

Last time apple said boycott, price from RM5 MOVE TO RM7

Posted by lcng123 > 2019-12-15 16:02 | Report Abuse

Don't bother what Apple commented here. Let see the quarter result of Nike on 19 Dec

Posted by slts > 2019-12-15 16:34 | Report Abuse

Q4 will show record profits
due to seasonal factors, xmas n black friday n new year sales

Posted by gemfinder > 2019-12-16 21:56 |

Post removed.Why?

Posted by gemfinder > 2019-12-16 22:45 | Report Abuse

Nike heading usd100

Posted by lcng123 > 2019-12-16 23:40 | Report Abuse

Nike may post good Q2 result on 19 Dec

Posted by techlee229 > 2019-12-17 13:50 | Report Abuse

We reiterate our Outperform call on Magni with an unchanged SOP-based TP of RM2.91. Separately, Magni declared a higher DPS of 2.5 sen (2QFY19: 1.875 sen).