Highlights
KLSE: MAGNI (7087)       MAGNI-TECH INDUSTRIES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
5.63   -0.38 (6.32%)  5.56 - 5.70  1,648,100
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Financials


Market Cap: 916 Million

Market Cap 916 Million
NOSH 163 Million

Latest Audited Result:  30-Apr-2017

Latest Audited Result: 30-Apr-2017
Announcement Date 30-Aug-2017
Next Audited Result: 30-Apr-2018
Est. Ann. Date: 30-Aug-2018
Est. Ann. Due Date: 27-Oct-2018

Latest Quarter:  31-Oct-2017 [#2]

Latest Quarter: 31-Oct-2017 [#2]
Announcement Date 12-Dec-2017
Next Quarter: 31-Jan-2018
Est. Ann. Date: 16-Mar-2018
Est. Ann. Due Date: 01-Apr-2018
QoQ | YoY   4.66%  |    -28.12%

Annual (Unaudited) ( EPS: 73.82, P/E: 7.63 )

Revenue | NP to SH 1,139,952  |  120,101
RPS | P/RPS 700.65 Cent  |  0.80
EPS | P/E | EY 73.82 Cent  |  7.63  |  13.11%
DPS | DY | Payout % 23.00 Cent  |  4.09%  |  31.16%
NAPS | P/NAPS 2.51  |  2.24
YoY   46.26%
NP Margin | ROE 10.54%  |  29.40%
F.Y. | Ann. Date 30-Apr-2017  |  28-Jun-2017

T4Q Result ( EPS: 66.47, P/E: 8.47 )

Revenue | NP to SH 1,134,799  |  108,138
RPS | P/RPS 697.49 Cent  |  0.81
EPS | P/E | EY 66.47 Cent  |  8.47  |  11.81%
DPS | DY | Payout % 21.00 Cent  |  3.73%  |  31.60%
NAPS | P/NAPS 2.65  |  2.12
QoQ | YoY   -6.90%  |    11.53%
NP Margin | ROE 9.53%  |  25.08%
F.Y. | Ann. Date 31-Oct-2017  |  12-Dec-2017

Annualized Result ( EPS: 49.28, P/E: 11.43 )

Revenue | NP to SH 1,092,062  |  80,174
RPS | P/RPS 671.22 Cent  |  0.84
EPS | P/E | EY 49.28 Cent  |  11.43  |  8.75%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   2.33%  |    -22.98%
NP Margin | ROE 7.34%  |  18.59%
F.Y. | Ann. Date 31-Oct-2017  |  12-Dec-2017


Hints :
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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
30-Apr-2018 12-Dec-2017 31-Oct-2017 2 252,318 27,060 20,500 20,500 7,321 431,150 35.71% 8.12% 4.75% 162,698 155.08 155.08 12.60 12.60 4.50 4.50 2.6500 2.65   4.66%   -28.12% 31-Oct-2017 6.96 4.49 55.24 2.63 1.81% 0.65% 12-Dec-2017 6.01 3.88 47.70 2.27 2.10% 0.75%
30-Apr-2018 14-Sep-2017 31-Jul-2017 1 293,713 25,695 19,587 19,587 5,693 427,855 29.07% 6.67% 4.58% 162,682 180.54 180.53 12.04 12.04 3.50 3.50 2.6300 2.63   -49.12%   -16.75% 31-Jul-2017 7.60 4.21 63.12 2.89 1.58% 0.46% 14-Sep-2017 7.30 4.04 60.63 2.78 1.65% 0.48%
30-Apr-2017 28-Jun-2017 30-Apr-2017 4 299,645 45,603 38,500 38,497 11,391 408,457 29.59% 12.85% 9.42% 162,732 184.13 184.17 23.66 23.66 7.00 7.00 2.5100 2.51   30.26%   104.29% 28-Apr-2017 4.93 2.68 20.84 1.96 4.80% 1.42% 28-Jun-2017 6.85 3.72 28.96 2.73 3.45% 1.02%
30-Apr-2017 16-Mar-2017 31-Jan-2017 3 289,123 40,124 29,544 29,554 9,764 380,816 33.04% 10.22% 7.76% 162,742 177.66 177.70 18.16 18.16 6.00 6.00 2.3400 2.34   3.63%   13.38% 31-Jan-2017 4.80 2.70 26.43 2.05 3.78% 1.25% 16-Mar-2017 5.16 2.90 28.41 2.21 3.52% 1.16%
30-Apr-2017 13-Dec-2016 31-Oct-2016 2 279,792 37,559 28,521 28,520 8,134 359,550 28.52% 10.19% 7.93% 162,692 171.98 171.97 17.53 17.53 5.00 5.00 2.2100 2.21   21.21%   31.85% 31-Oct-2016 4.22 2.45 24.07 1.91 4.15% 1.18% 13-Dec-2016 4.11 2.39 23.45 1.86 4.27% 1.22%
30-Apr-2017 15-Sep-2016 31-Jul-2016 1 271,392 30,980 23,530 23,529 8,135 346,589 34.58% 8.67% 6.79% 162,717 166.79 166.81 14.46 14.46 5.00 5.00 2.1300 2.13   24.86%   51.09% 29-Jul-2016 3.99 2.39 27.59 1.87 3.62% 1.25% 15-Sep-2016 4.15 2.49 28.70 1.95 3.48% 1.20%
30-Apr-2016 23-Jun-2016 30-Apr-2016 4 193,985 23,965 18,845 18,844 8,136 322,203 43.18% 9.71% 5.85% 162,728 119.21 119.23 11.58 11.58 5.00 5.00 1.9800 1.98   -27.71%   13.34% 29-Apr-2016 4.23 3.55 36.53 2.14 2.74% 1.18% 23-Jun-2016 4.12 3.46 35.58 2.08 2.81% 1.21%
30-Apr-2016 18-Mar-2016 31-Jan-2016 3 268,921 34,151 26,066 26,066 8,135 312,401 31.21% 9.69% 8.34% 162,709 165.28 165.29 16.02 16.02 5.00 5.00 1.9200 1.92   20.50%   49.02% 29-Jan-2016 4.17 2.52 26.03 2.17 3.84% 1.20% 18-Mar-2016 4.48 2.71 27.97 2.33 3.58% 1.12%
30-Apr-2016 22-Dec-2015 31-Oct-2015 2 197,342 28,675 21,631 21,631 8,678 299,406 40.12% 10.96% 7.22% 108,480 181.91 121.29 19.94 13.30 8.00 5.33 2.7600 1.84   38.90%   170.32% 30-Oct-2015 5.80 3.19 29.09 2.10 3.44% 1.38% 22-Dec-2015 4.18 2.30 20.96 1.51 4.77% 1.91%
30-Apr-2016 09-Sep-2015 31-Jul-2015 1 193,818 20,482 15,573 15,573 - 288,670 - % 8.03% 5.39% 108,522 178.60 119.13 14.35 9.57 0.00 0.00 2.6600 1.77   -6.33%   54.43% 31-Jul-2015 4.34 2.43 30.24 1.63 3.31% 0.00% 09-Sep-2015 4.39 2.46 30.59 1.65 3.27% 0.00%
30-Apr-2015 23-Jun-2015 30-Apr-2015 4 176,728 22,045 16,624 16,626 7,236 216,994 43.53% 9.41% 7.66% 108,497 162.89 108.62 10.22 10.22 6.67 4.45 2.0000 1.33   -4.95%   95.78% 30-Apr-2015 3.17 1.95 20.69 1.59 4.83% 2.10% 23-Jun-2015 3.60 2.21 23.49 1.80 4.26% 1.85%
30-Apr-2015 16-Mar-2015 31-Jan-2015 3 200,376 23,090 17,493 17,492 5,425 261,511 31.02% 8.73% 6.69% 108,511 184.66 123.16 16.12 10.75 5.00 3.33 2.4100 1.61   118.60%   17.85% 30-Jan-2015 2.82 1.53 17.49 1.17 5.72% 1.77% 16-Mar-2015 2.91 1.58 18.05 1.21 5.54% 1.72%
30-Apr-2015 03-Dec-2014 31-Oct-2014 2 162,036 10,822 8,003 8,002 - 243,963 - % 4.94% 3.28% 108,428 149.44 99.59 7.38 4.92 0.00 0.00 2.2500 1.50   -20.65%   -15.56% 31-Oct-2014 2.94 1.97 39.84 1.31 2.51% 0.00% 03-Dec-2014 2.76 1.85 37.40 1.23 2.67% 0.00%
30-Apr-2015 12-Sep-2014 31-Jul-2014 1 177,240 13,449 10,084 10,084 - 245,052 - % 5.69% 4.12% 108,430 163.46 108.94 9.30 6.20 0.00 0.00 2.2600 1.51   18.75%   10.34% 31-Jul-2014 3.16 1.93 33.98 1.40 2.94% 0.00% 12-Sep-2014 3.05 1.87 32.80 1.35 3.05% 0.00%
30-Apr-2014 26-Jun-2014 30-Apr-2014 4 162,441 10,705 8,493 8,492 8,676 235,346 102.17% 5.23% 3.61% 108,454 149.78 99.84 7.83 5.22 8.00 5.33 2.1700 1.45   -42.78%   16.11% 30-Apr-2014 2.69 1.80 34.36 1.24 2.91% 2.97% 26-Jun-2014 3.01 2.01 38.44 1.39 2.60% 2.66%
30-Apr-2014 26-Mar-2014 31-Jan-2014 3 187,072 19,860 14,841 14,842 5,424 232,177 36.55% 7.93% 6.39% 108,494 172.43 114.98 13.68 9.12 5.00 3.33 2.1400 1.43   56.61%   50.56% 30-Jan-2014 2.19 1.27 16.01 1.02 6.25% 2.28% 26-Mar-2014 2.38 1.38 17.40 1.11 5.75% 2.10%
30-Apr-2014 09-Dec-2013 31-Oct-2013 2 150,765 12,653 9,477 9,477 - 216,864 - % 6.29% 4.37% 108,432 139.04 92.67 8.74 5.82 0.00 0.00 2.0000 1.33   3.70%   -7.78% 31-Oct-2013 2.30 1.65 26.32 1.15 3.80% 0.00% 09-Dec-2013 2.46 1.77 28.15 1.23 3.55% 0.00%
30-Apr-2014 17-Sep-2013 31-Jul-2013 1 150,995 12,194 9,140 9,139 - 215,992 - % 6.05% 4.23% 108,539 139.12 92.81 8.42 5.62 0.00 0.00 1.9900 1.33   24.95%   9.04% 31-Jul-2013 2.04 1.47 24.23 1.03 4.13% 0.00% 17-Sep-2013 2.04 1.47 24.23 1.03 4.13% 0.00%
30-Apr-2013 26-Jun-2013 30-Apr-2013 4 136,687 9,940 7,315 7,314 8,676 207,159 118.63% 5.35% 3.53% 108,460 126.02 84.01 6.74 4.50 8.00 5.33 1.9100 1.27   -25.81%   13.27% 30-Apr-2013 1.68 1.33 24.91 0.88 4.01% 4.76% 26-Jun-2013 1.95 1.55 28.92 1.02 3.46% 4.10%
30-Apr-2013 12-Mar-2013 31-Jan-2013 3 162,193 13,165 9,858 9,858 5,422 204,968 55.01% 6.08% 4.81% 108,448 149.56 99.69 9.09 6.06 5.00 3.33 1.8900 1.26   -4.07%   24.33% 31-Jan-2013 1.45 0.97 15.95 0.77 6.27% 3.45% 12-Mar-2013 1.46 0.98 16.06 0.77 6.23% 3.42%
30-Apr-2013 17-Dec-2012 31-Oct-2012 2 135,129 13,728 10,277 10,276 - 195,319 - % 7.61% 5.26% 108,511 124.53 83.05 9.47 6.32 0.00 0.00 1.8000 1.20   22.61%   16.14% 31-Oct-2012 1.49 1.20 15.73 0.83 6.36% 0.00% 17-Dec-2012 1.45 1.16 15.31 0.81 6.53% 0.00%
30-Apr-2013 25-Sep-2012 31-Jul-2012 1 131,808 11,180 8,382 8,381 - 194,074 - % 6.36% 4.32% 108,421 121.57 81.01 7.73 5.15 0.00 0.00 1.7900 1.19   29.80%   13.20% 31-Jul-2012 1.45 1.19 18.76 0.81 5.33% 0.00% 25-Sep-2012 1.62 1.33 20.96 0.91 4.77% 0.00%
30-Apr-2012 28-Jun-2012 30-Apr-2012 4 117,580 8,647 6,457 6,457 6,511 186,656 100.84% 5.49% 3.46% 108,521 108.35 72.27 5.95 3.97 6.00 4.00 1.7200 1.15   -18.56%   288.51% 30-Apr-2012 1.31 1.21 22.02 0.76 4.54% 4.58% 28-Jun-2012 1.47 1.36 24.71 0.85 4.05% 4.08%
30-Apr-2012 21-Mar-2012 31-Jan-2012 3 133,923 10,500 7,929 7,929 - 180,056 - % 5.92% 4.40% 108,467 123.47 82.31 7.31 4.87 0.00 0.00 1.6600 1.11   -10.39%   76.40% 31-Jan-2012 1.26 1.02 17.24 0.76 5.80% 0.00% 21-Mar-2012 1.22 0.99 16.69 0.73 5.99% 0.00%
30-Apr-2012 15-Dec-2011 31-Oct-2011 2 140,906 11,862 8,848 8,848 - 171,321 - % 6.28% 5.16% 108,431 129.95 86.61 8.16 5.44 0.00 0.00 1.5800 1.05   19.50%   48.78% 31-Oct-2011 1.29 0.99 15.81 0.82 6.33% 0.00% 15-Dec-2011 1.23 0.95 15.07 0.78 6.63% 0.00%
30-Apr-2012 26-Sep-2011 31-Jul-2011 1 141,714 9,885 7,404 7,404 - 164,065 - % 5.22% 4.51% 105,170 134.75 87.10 7.04 4.55 0.00 0.00 1.5600 1.01   345.49%   43.66% 29-Jul-2011 1.15 0.85 16.34 0.74 6.12% 0.00% 26-Sep-2011 1.11 0.82 15.77 0.71 6.34% 0.00%
30-Apr-2011 30-Jun-2011 30-Apr-2011 4 96,342 2,476 1,663 1,662 6,232 157,889 375.00% 1.73% 1.05% 103,874 92.75 59.22 1.60 1.02 6.00 3.83 1.5200 0.97   -63.03%   -52.68% 29-Apr-2011 1.33 1.43 83.13 0.88 1.20% 4.51% 30-Jun-2011 1.39 1.50 86.88 0.91 1.15% 4.32%
30-Apr-2011 30-Mar-2011 31-Jan-2011 3 115,692 5,954 4,496 4,495 - 155,357 - % 3.89% 2.89% 103,571 111.70 71.11 4.34 2.76 0.00 0.00 1.5000 0.95   -24.42%   -16.00% 31-Jan-2011 1.13 1.01 26.04 0.75 3.84% 0.00% 30-Mar-2011 1.10 0.98 25.35 0.73 3.95% 0.00%
30-Apr-2011 30-Dec-2010 31-Oct-2010 2 115,336 7,953 5,947 5,947 - 150,229 - % 5.16% 3.96% 103,606 111.32 70.89 5.74 3.66 0.00 0.00 1.4500 0.92   15.39%   42.68% 29-Oct-2010 1.29 1.16 22.47 0.89 4.45% 0.00% 30-Dec-2010 1.12 1.01 19.51 0.77 5.13% 0.00%
30-Apr-2011 28-Sep-2010 31-Jul-2010 1 116,287 6,876 5,154 5,154 - 152,136 - % 4.43% 3.39% 103,493 112.36 71.47 4.98 3.17 0.00 0.00 1.4700 0.94   46.75%   48.74% 30-Jul-2010 1.09 0.97 21.89 0.74 4.57% 0.00% 28-Sep-2010 1.08 0.96 21.69 0.73 4.61% 0.00%
30-Apr-2010 30-Jun-2010 30-Apr-2010 4 78,696 4,148 3,514 3,512 7,769 147,110 221.24% 4.47% 2.39% 103,598 75.96 48.37 3.39 2.16 7.50 4.78 1.4200 0.90   -34.37%   66.05% 30-Apr-2010 1.20 1.58 35.40 0.85 2.83% 6.25% 30-Jun-2010 1.17 1.54 34.51 0.82 2.90% 6.41%
30-Apr-2010 30-Mar-2010 31-Jan-2010 3 96,758 7,143 5,351 5,351 - 142,831 - % 5.53% 3.75% 103,500 93.49 59.47 5.17 3.29 0.00 0.00 1.3800 0.88   28.38%   104.55% 29-Jan-2010 0.95 1.02 18.38 0.69 5.44% 0.00% 30-Mar-2010 1.00 1.07 19.34 0.72 5.17% 0.00%
30-Apr-2010 30-Dec-2009 31-Oct-2009 2 88,220 5,781 4,167 4,168 - 137,896 - % 4.72% 3.02% 103,681 85.09 54.22 4.02 2.56 0.00 0.00 1.3300 0.85   20.29%   11.68% 30-Oct-2009 0.98 1.15 24.38 0.74 4.10% 0.00% 30-Dec-2009 0.94 1.10 23.38 0.71 4.28% 0.00%
30-Apr-2010 28-Sep-2009 31-Jul-2009 1 113,043 4,726 3,464 3,465 - 138,600 - % 3.06% 2.50% 103,432 109.29 69.48 3.35 2.13 0.00 0.00 1.3400 0.85   63.83%   12.46% 31-Jul-2009 0.84 0.77 25.07 0.63 3.99% 0.00% 28-Sep-2009 0.90 0.82 26.87 0.67 3.72% 0.00%
30-Apr-2009 30-Jun-2009 30-Apr-2009 4 85,093 2,652 2,115 2,115 5,175 103,517 244.72% 2.49% 2.04% 103,517 82.20 52.30 2.04 1.30 5.00 3.18 1.0000 0.64   -19.15%   123.10% 30-Apr-2009 0.81 0.99 39.65 0.81 2.52% 6.17% 30-Jun-2009 0.86 1.05 42.09 0.86 2.38% 5.81%
30-Apr-2009 27-Mar-2009 31-Jan-2009 3 105,157 3,681 2,615 2,616 - 133,384 - % 2.49% 1.96% 103,399 101.70 64.63 2.53 1.61 0.00 0.00 1.2900 0.82   -29.90%   10.01% 30-Jan-2009 0.86 0.85 33.99 0.67 2.94% 0.00% 27-Mar-2009 0.75 0.74 29.64 0.58 3.37% 0.00%
30-Apr-2009 30-Dec-2008 31-Oct-2008 2 96,947 5,150 3,730 3,732 - 135,803 - % 3.85% 2.75% 103,666 93.52 59.59 3.60 2.29 0.00 0.00 1.3100 0.83   21.13%   9.60% 31-Oct-2008 0.82 0.88 22.78 0.63 4.39% 0.00% 30-Dec-2008 0.79 0.84 21.94 0.60 4.56% 0.00%
30-Apr-2009 23-Sep-2008 31-Jul-2008 1 100,897 4,253 3,080 3,081 - 95,203 - % 3.05% 3.24% 74,963 134.59 62.01 4.11 1.89 0.00 0.00 1.2700 0.59   225.00%   -10.12% 31-Jul-2008 0.88 0.65 21.41 0.69 4.67% 0.00% 23-Sep-2008 0.75 0.56 18.25 0.59 5.48% 0.00%
30-Apr-2008 30-Jun-2008 30-Apr-2008 4 73,109 593 948 948 4,575 127,773 482.61% 1.30% 0.74% 103,043 70.95 44.94 0.92 0.58 4.44 2.81 1.2400 0.79   -60.13%   -30.65% 30-Apr-2008 0.98 1.38 106.52 0.79 0.94% 4.53% 30-Jun-2008 0.89 1.25 96.74 0.72 1.03% 4.99%
30-Apr-2008 28-Mar-2008 31-Jan-2008 3 87,749 3,321 2,377 2,378 - 127,726 - % 2.71% 1.86% 103,842 84.50 53.93 2.29 1.46 0.00 0.00 1.2300 0.79   -30.16%   -5.63% 31-Jan-2008 0.97 1.15 42.36 0.79 2.36% 0.00% 28-Mar-2008 0.91 1.08 39.74 0.74 2.52% 0.00%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


Analyze this stock with MQ Trader system
  6 people like this.
 
xiaoxiami revenue profit no growth also no use
you wont have any appreciation of the share price
plus the price is high now

magni is definitely overvalue at this price
13/12/2017 08:22
ks5S don''t wait. Just run
13/12/2017 09:03
apple168 I love this shares.. pls drop more to collect lower price.. haha
13/12/2017 09:04
fkser Give u cheaper
13/12/2017 09:11
Bizfuneng Has been for 10 yrs Magni was stable, strong and growing. Nothing can grow forever. Environment, fundamentals and technology constantly changing and if management cudnt adapt the company will gradually sliding towards sunset. This is beginning happening to Magni.

2 Qs Magni were on down trend. Time has come for saying goodbye to Magni.
13/12/2017 09:13
Up_down Magni growth story dented after reporting 2nd time lower earnings...RM is strengthening.... Expecting 2 more lacklustre profits quarters to go. Can buy cheap cheap easily later.
13/12/2017 09:20
ks5S http://fortune.com/2017/06/12/adidas-nike-activewear-sneakers/

nike market shrink . Magni will shrink also.
13/12/2017 09:30
chesslim Magni will ome to Rm 8.00 on next quarter , hold .
13/12/2017 09:35
Bizfuneng chesslim, base on what facts or fundamentals for u to say Magni wud go Rm8.00 nx q? Can you elaborate? Tq.
13/12/2017 09:44
apple168 Magni is good fundamental share and directors were buying above 6. They are insiders and are looking at the value of magni worth more than 6. Product quality from Magni is superb. Rumors saying that insiders are working up alternative production line other than Nike such as Li Ning etc. We believe share price will more north by the year end window dressing and dividend payouts.
13/12/2017 09:45
dentistgigi how much are u buying today
13/12/2017 09:52
Jeff Lee rebounding. buyer at the bottom collecting. phew..
13/12/2017 09:56
13/12/2017 09:57
13/12/2017 10:00
Meng better dun catch a falling knife..
13/12/2017 10:00
Bizfuneng Why big chinese company Li Ning nid Magni?
13/12/2017 10:42
ks5S every quarter share price drop 50 cents.
who dare to buy ?
13/12/2017 10:42
godhand not downtrend la. no growth, stagnant. everything will peak
13/12/2017 10:57
Up_down Magni's major selling point was its growth story....but now it has vanished so must turn back to face the reality... There are many good examples recently...
13/12/2017 11:10
Victor Tan Magni is a fantastic counter and now it is a good time to collect.... agree with chess that fair value for this counter is at rm 8. Historical CAGR is at 17% with strong free cash flow, consistent earnings and zero debts. This is just a temporary setback. Nike will continue to grow and Magni will too.
13/12/2017 11:19
apple168 Not collecting enough.. please throw lower..
13/12/2017 11:23
apolloang hahaha....5.00 is coming and not 8.00
13/12/2017 11:31
PlsGiveBonus You know how Bitcoin billionaires are made? During the last crypto boom.
You know how warren Buffett become billions? During the last stock market boom.
You want to be rich like them? Don't buy their dump.
:)
13/12/2017 11:55
PlsGiveBonus Success cannot copy
All the useless formula used to calculate valuation is as outdated as current banking system that never updated their windows XP to windows 10
And they hardly work, when they don't work, investors will be blamed for using the wrong formula.
:D
13/12/2017 12:00
tealeaf im waiting below 5 to collect more.... hiak hiak hiak
13/12/2017 12:01
PlsGiveBonus The true meaning of intelligence is the ability to adapt to the change as quickly as possible.
It is not about how much you know, not who you know, not where you are.
13/12/2017 12:06
ks5S This counter worth 2.50 only
13/12/2017 12:09
Jon Choivo This is so wrong and so inaccurate on so many levels.

Just tell me then, what's the intrinsic value of bitcoin and how you calculate it.

I'll make a bet with you. 10 years from now, bitcoin value will be less than 5k.


Posted by PlsGiveBonus > Dec 13, 2017 11:55 AM | Report Abuse

You know how Bitcoin billionaires are made? During the last crypto boom.
You know how warren Buffett become billions? During the last stock market boom.
You want to be rich like them? Don't buy their dump.
:)
13/12/2017 12:12
PlsGiveBonus Why Bitcoin is cheap compare to stock market?

Reason number one : cryptocurrency, the next big thing after the Internet boom in y2k, is only valued at 400B to date, compare to paper gold, which valued at over 10 trillions dollar. Compare to many tech stock in NASDAQ, APPL inc $881B, FB $512B, AMZN $561B.
13/12/2017 12:15
PlsGiveBonus Don't be surprise value investors will start to invent creative, colorful and catchy valuation or intrinsic value on Bitcoin, this is their job to tell people to buy their useless dump.
:)
13/12/2017 12:25
PlsGiveBonus 'Dean of Valuation' Believes Cryptocurrencies Are Replacing Gold

Aswath Damodaran, a professor of finance at New York University's Stern School of Business, is widely respected as an expert in valuing companies, so much so that he has been dubbed the "dean of valuation" by the finance industry. Thus, when he makes a prediction about a major financial matter, he tends to draw a great deal of attention from those interested in the investment potential his statements might suggest.

Now, Damodaran revealed in an interview with CNBC that he believes digital currencies will reach an equal level of importance to traditional paper currencies. He also feels cryptocurrencies have already replaced gold among a younger sect of investors.

Cryptocurrencies Supplant Lack of Trust in Gold

When asked why digital currencies like Bitcoin and Ethereum have taken the place of gold for some investors, Damodaran said "all currency is...based on trust. If you don't trust paper currency, historically what you've done is, you dumped paper currencies [and] you bought gold. Cryptocurrencies have taken the role of gold at least for younger investors because they don't trust paper currencies."

The numbers suggest Damodaran is correct: digital currency prices have surged throughout the year, with Ethereum up more than 24 times by the middle of this week, and Bitcoin up nearly 150%. And those levels aren't even the peaks, as the two leading digital currencies actually reached higher records earlier in the year before dipping somewhat.

Damodaran Defends Virtual Currencies

Damodaran defended digital currencies against skeptics who may be inclined to portray the mining process that generates the coins as a misallocation of resources like electricity or computing power.

"If you think about it, the print presses that run paper currencies. It's kind of a useless transaction," he said. "You're just printing paper. In a sense, all currency creation, it's not creating real economic growth by itself. The only reason currencies exist is for us to transact...if a digital currency can do it more efficiently than paper currency can, I think there is going to be a digital currency sooner or later that competes with the major paper currencies. Whether it is one of the existing cryptocurrencies, I don't know."

Damodaran holds a great deal of sway when it comes to valuation and general opinions about the state of the financial world. He now joins a growing list of major financial players and institutions that are increasingly trusting that digital currencies will be an era-defining technological innovation. As this is new territory for the finance world, the exact way in which the growth of the cryptocurrency industry will play out remains to be seen.
13/12/2017 12:27
13/12/2017 12:28
jibbie sell. dont look like the next 2 quarter results would be good either.
13/12/2017 13:24
fkser Run
13/12/2017 13:45
Jona0724 assume 2018 EPS = 48, current price p/e only 11.58. better after panic sell just buy back
13/12/2017 14:24
apolloang I heard that when magni is trading at above 7.00.....haha. I think below 5.00 is a more realistic price
13/12/2017 14:31
shuyin rm 4 is good price, wait there
13/12/2017 17:26
chonghai 5 maybe
4 I doubt
13/12/2017 17:30
Fabien Extraordinaire what is Magni's forward P/E?

what is their fair P/E?
13/12/2017 18:06
ESPESP I bought back Magni today at RM5.6 on 2 reason.

1) Q4 is a good month as it is full of holiday worldwide. For me, i believe sales will go back up during this period. Please see back last few year trend

2) A share that give you EPS of 12 - 15 cent consistently is hard to find. FYI, Padini is giving EPS of only 5 cent and share price is similar to Magni.

I did not ask you all to sai lang, if you all buy, u all are buying at your own risk.
Thanks.

Stockwatch ESP
13/12/2017 18:21
apple168 Padini PE 22, Magni PE 11 as for now. Magni share price should be at least 10 for PE 22 same bar as Padini.
13/12/2017 18:21
ESPESP I did not say Magni price should be RM10.
I believe Padini is overvalue.

For Magni, my estimation would be around RM6.5 to RM7.

Thanks.
ESP
13/12/2017 18:24
apple168 Buying now with estimated profit at least 1.0 to 1.5 (30% profits).
13/12/2017 18:28
Jon Choivo All your points essentially tell me bitcoin is actually close to worthless.

Blockchain technology will change everything, but bitcoin on its own is worthless.

Right now, the blockchain survives because people are willing to mine. By mining, this keeps the chain updated.

However, why would people keep mining, if the number of coins that can be mined keeps dropping? Only one reason will keep them there, that the value of the coins keep going up.

Except, past a certain value, you will want to move your money elsewhere.

If tmr, the RM gain so strongly versus the USD that its 1:1.Obviously, everyone is going to move their money to the USD, because they know fundamentally, the real value for the USD is much higher than the RM.

When will people decide to move money out of bitcoin? USD20k, USD30k, USD 40K? I have no idea, all i know is, in economics, things that you think will happen take longer than you think it will, and when it happens, it will happen faster than you think it would.

Oil price drop from USD140 per barrel to USD27 in less than a year, now its USD 60. Whats the real value?

The second bit. Currently they say 80% of the coins is held by 1000 people. Most of them are probably miners. Now if the value of the coins does not go up fast enough to cover the increasing electrical cost, these people are not going to mine anymore. However, they also know that if they stop mining, the block chain will stop working. Rendering their coins valueless.

So they will start to sell, which is a reinforcing feedback loop, as the prices drop and recovery comes slow, more and more people want to sell, resulting in what is ultimately a crash.

Except this time, so many people will properly kena. Since people now in venezuela, phillipines etc are stupid enough to do transactions in these coins and keep their life savings there.

Bitcoin if you look at the news, started the year as a gamble, now, people think its an asset class, soon, they will think of it as gold. When they think of it as gold, you know well and truly the bubble is at its peak.

Because when its a gamble, you wont put much money, but when you think it is gold, you will put all your money in.

The reason why people buy bitcoin now is due to the strong quantitative easing done by the ECB and Federal Reserve. Causing asset prices everywhere to go up and interest rates to go down.

When interest rates are negative or less than 1%, the pricing of assets and risk go haywire, things you normally expect 10% return from, now you only expect 5%.

And if you're reaching for yield is this low yield condition, you do 2 things, leverage up or reach towards exotic investments like PE or bitcoin in this case.

Don't worry about it, bitcoin is not the crash. Bitcoin is the spark, the wood for the crash is the sheer amount of debt that is held by all the governments in the world.


Posted by PlsGiveBonus > Dec 13, 2017 12:27 PM | Report Abuse

'Dean of Valuation' Believes Cryptocurrencies Are Replacing Gold

Aswath Damodaran, a professor of finance at New York University's Stern School of Business, is widely respected as an expert in valuing companies, so much so that he has been dubbed the "dean of valuation" by the finance industry. Thus, when he makes a prediction about a major financial matter, he tends to draw a great deal of attention from those interested in the investment potential his statements might suggest.

Bla Bla Bla
13/12/2017 18:46
apolloang after down sure got some technical rebound,then later down again just like other stocks
13/12/2017 21:06
Yu_and_Mee bye bye
13/12/2017 21:46
PlsGiveBonus Please read the article twice, I believe you trying to be ignorance.

Bitcoin is replacing "GOLD" just as what the professor has to say, people willing to pay 7 trillions worth of dollar for GOLD, they are gonna pay 7 trillions of dollar to Bitcoin too, this is the value people are gonna pay for.

If you don't own Bitcoin(GOLD), you will be poor in the next decade.
:)
13/12/2017 22:15
CKNGCKI3 "If you don't own Bitcoin(GOLD), you will be poor in the next decade"

The most ridiculous statement of the year !!

Pls share your products at the right channel !! This is for Magni counter and not related to Bitcoin !!
13/12/2017 22:48
PlsGiveBonus Yes... You will be very poor, holding your useless paper money that is backed by nothing, and paper stock that is backed by worthless paper money, and worthless companies that are heavily insolvent finally they will need to default itself, we will soon need to have a transition from paper money to digital money... A complete economy restructuring... You don't want to change, you will be left behind and poor to nothing.
13/12/2017 23:41
apolloang u tell kyy,otb or warren buffet to invest in bitcoins lah.....haha
13/12/2017 23:53