MAGNI-TECH INDUSTRIES BHD
KLSE (MYR): MAGNI (7087)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
2.41
Today's Change
-0.04 (1.63%)
Day's Change
2.41 - 2.47
Trading Volume
183,300
Market Buzz
2024-12-16
Discussions
7 people like this. Showing 50 of 5,246 comments
@observatory - thanks for your input. I checked the document you mentioned, and googled for the difference between the two items, and this is what got:
Sundry Receivables
Definition: Small, miscellaneous amounts owed to the company by various parties for different reasons.
Examples: Refunds, small debts, reimbursements, etc.
Prepayments
Definition: Amounts paid in advance for goods or services that the company will receive in the future.
Examples: Advance payments for goods, services, rent, insurance, etc.
Anyway, in the latest Q, the receivables have reduced to RM123.5 mil from RM151.4 mil a year ago. So, this is no longer a concern.
2024-06-26 10:37
Nike share price drop 20% following disappointing sales forecast. Hold tight.
2024-06-30 00:18
MAGNI-Tech on the rise, is a Major Breakout Brewing?
https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-04-story-h468200693-MAGNI_Tech_on_the_rise_is_a_Major_Breakout_Brewing
2024-09-04 10:21
Public bank gives target $3.26!
The excellent QR+5c dividend shall push it to $3.26 by this Friday.
2024-09-04 17:06
Kyy maybe already bought.
once high high then he will write Buy Call in i3
then u follow u die
2024-09-05 07:53
Uncle YY so pro this round bought MAGNI..
This stock is AA stock..
Nothing to critic from cash to earning
2024-09-05 15:07
$1bil market cap but cash RM600mil!!! crazy company. Just interest income one year already RM20mil++!!!
2024-09-10 20:00
The can easily afford more dividends, but guess management is conservative. Very little info out there about this company and their business.
2024-09-12 15:58
Hard to say as business is dependent on one major customer, not sure what is their moat. Also depends on what they do with the cash. If more of it comes out as dividends or share buy back and assuming business goes on as usual, will be worth more.
2024-09-13 18:56
Don't need to say target price like broker..it's a waste of time. The biz is very simple and it's benefit from trade diversion. Do remember Magni is just one of the many supplier to Nike and it doesn't matter.. they have been doing this for so long.
2024-09-13 22:09
Best gauge for this kind of business is DDM. Assume it continue to pay 4 cents every quarter (annualise) and discount it by 5% yield. That will be will roughly the price that i will pay to take over the whole co. This co is a turtle co and not suitable for goreng kaki. So dont need to look at here.
2024-09-13 22:13
I will not be surprised if they are going to announce dividend of 20 sen per share anytime soon
4 weeks ago
I have said that in one week ago that Magni is going to announce 20 sen per share and guess what my dream really come true. To very much
2 weeks ago
Hi Najib, why you would have thought that MAGNI is going to announce special dividend a week ago? Any hints?
2 weeks ago
it's an amazing business...cash rich, debt free. Most importantly, you should pay attention to its free cash flow!
2 weeks ago
Amazing...deposit rates went higher again above 4%. That should enough to anchor the interest income for another year!
1 week ago
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-12-23 15:20:00
ADX
5 Mins
SELL
2024-12-23 15:10:00
ADX
5 Mins
BUY
2024-12-23 11:15:00
ADX
5 Mins
SELL
2024-12-23 09:40:00
EMA 5
5 Mins
SELL
2024-12-23 09:25:00
EMA 5
5 Mins
BUY
Apps
Top Articles
1
save malaysia!
2
4
5
Stock Market Enthusiast
6
save malaysia!
7
Good Articles to Share
8
Good Articles to Share
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
observatory
For Q2, check the AGM minutes and key matters discussed at its website. Under corporate governance.
The company explains “These are prepayments to suppliers which have been settled
after the end of FYR 2023.”
However, when I refer to Note 9, there is a separate item for prepayments. I don’t understand the difference.
2024-06-25 17:49