Last Price Today's Change   Day's Range   Trading Volume
5.02   +0.03 (0.60%)  4.97 - 5.06  378,800
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Price Target

Date Open Price Target Price Upside/Downside Price Call Source
13/12/2017 5.65 6.40 +0.75 (13.27%) HOLD PUBLIC BANK
12/12/2017 6.01 6.28 +0.27 (4.49%) HOLD WILSON & YORK
06/10/2017 7.19 7.20 +0.01 (0.14%) HOLD PUBLIC BANK
14/09/2017 7.35 6.68 -0.67 (9.12%) HOLD WILSON & YORK

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  6 people like this.
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.

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
ks5S selling non-stop everyday
like that drop, can touch 2.50
14/12/2017 09:10
CKNGCKI3 such an idiot ! u are saying that Bitcoin is the only way to get rich ?? how come I don't see anyone in the Top 50 richest became rich due to bitcoin ?? not even top 1,000 !!
14/12/2017 13:37
PlsGiveBonus Yes. All SME, all business in KLCI will bankrupt, just paying GST alone, until they no longer solvent, you invest in this sunset KLCI market, the whole market is sunset, not some business only, all will go bankrupt, doomsday is near for KLCI.
You cannot avoid two thing in life: death and tax.
14/12/2017 14:10
omgimnoob Tq for your valuable information. Somehow Your GST theory is a bit different from ctim one. >.<
14/12/2017 14:20
xiaoxiami tell this to nestle then
14/12/2017 16:57
chonghai Future of Bitcoin , I have no clue.
Promoter of Bitcoin in this page, I see no class.
14/12/2017 17:42
windyang Just bought magni at 5.6 as suggested by ESP sifu... hopefully can enjoying the ride till 8.0
14/12/2017 18:24
apple168 Pls sell it lower.. I hvnt collected enough.. just one day already shot up to 5.71..
14/12/2017 19:43
PlsGiveBonus Yes, you know what is the first thing I want to do after I recoup all my loss in this useless market?
I am going to tell whole village, write memoir, write book, give speech to disclose this dirty little secret.
14/12/2017 23:47
WiseVictor After hold this counter for long time, finally I decided to sell out everything.Half sold at 7+, a bit at 6+ and remaining 5+.. Magni is still a good counter, wish you guys good luck =)
15/12/2017 09:55
apple168 Dam.. shot up like no other day..
15/12/2017 11:27
PlsGiveBonus Bitcoin going to 20k soon
Not going to wait for anyone.
15/12/2017 12:05
windyang Thank you very much ESP, Apple, victor sifu for your guidance. Seeing profits just one day of investment. Cheers...
15/12/2017 18:51
PlsGiveBonus KLCI is legalized Ponzi scheme where
1. Bank make the toilet paper to sell
2. Public buy all the toilet paper at whatever price.

Everyone like Ponzi.
15/12/2017 19:21
zaizaiRM18 RUNNNN
17/12/2017 11:53
apple168 Collecting mode.. undervalued company..
20/12/2017 22:15
apple168 World Cup coming soon.. Nike jersey demands expecting to be sky high.. buy now and enjoy the ride up..
21/12/2017 15:44
tecpower Wall St little changed as Nike weighs http://www.theedgemarkets.com/article/wall-st-little-changed-nike-weighs
23/12/2017 11:43
apple168 Tomorrow last day of trading of the year 2017. Magni, let’s bring up the show.. TP 10..
28/12/2017 19:52
yeoh1019 Collect more at 5.66
04/01/2018 15:37
16/01/2018 22:59
chesslim Bodoh baru run .
17/01/2018 20:58
Low Ji Teng Price dives, insider buying intensifies:

18/01/2018 03:24
yeoh1019 i will just have to wait then. Magni is still a good share to keep for long term
18/01/2018 12:07
goreng_kaki death counter, next support 4.75
18/01/2018 13:47
apple168 Accumulated enough.. thank you for selling cheap..
18/01/2018 13:55
ffforever Oversold. Time to accumulate
18/01/2018 15:38
Teoh Yong Had wah, below 5
18/01/2018 16:15
goreng_kaki MYR appreciate, lousy export counter with no significant business expansion will recorded lower revenue and profit~~
18/01/2018 16:20
cy91 waaaaaaaaaaaaaaaaaaaaa................. luckily i sold all haha
18/01/2018 16:37
Jon Choivo Well, i sold a long time ago at 5.1, then sit there watch it fly above RM7.

Might be worth buying again. But i need to study more.
18/01/2018 16:38
godhand strong trend all export counter down
18/01/2018 16:39
apple168 Glove counters are export counter too but seeing going north and breaking new high..
18/01/2018 17:02
apple168 Magni is debt free company with good earning records.. very hard to find such good FA counters..
18/01/2018 17:03
Equityengineer Looks like the selling is overdone for this counter ..
18/01/2018 17:22
cynachen i think it's good if to wait a while for the price to be stable first, i've added some but expecting it to drop further for my 2nd top up.
18/01/2018 17:35
Fabien Extraordinaire Jon, please share ur thoughts on Magni. Thanks
18/01/2018 20:09
apple168 Just hold.. nothing wrong with the company.. still hv pretty awesome earning consistently for the past few years.. hv faith.. population is ever growing, garments business will continue going up too..
18/01/2018 20:29
chesslim Magni price down but without volume, mean why, you know i know.
18/01/2018 22:10
PlsGiveBonus Buy Bitcoin now!
Next TP 30k, 40k, ..., 99999, 100k!!
19/01/2018 00:02
godhand the margin and revenue is actually deteriorating. wait for next quarter to confirm
19/01/2018 20:51


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