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KLSE: MAGNI       MAGNI-TECH INDUSTRIES BHD
Last Price Avg Target Price   Upside/Downside Price Call
4.91 5.67     +0.76 (15.48%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
19/03/2019 4.90 6.45 +1.55 (31.63%) BUY PUBLIC BANK Price Target News
18/03/2019 4.60 4.88 +0.28 (6.09%) HOLD WILSON & YORK Price Target News


Price Target Research Article/News (past 6 months)
19/03/2019  PUBLIC BANK Magni-Tech Industries Berhad - Improved Margins From Lower Expenses
18/03/2019  WILSON & YORK Magni-Tech Industries Bhd 3Q FY 2019 Results Report (HOLD)



  7 people like this.
 
apple168 Magni is our topic. Not hibiscus. Current magni share price is VALUE TRAP! Remember this.
24/03/2019 10:28 PM
LongTermInvestment Okay then my team will sell hibiscus tmr and avoid hibiscus at all cost for now. Thanks.
24/03/2019 10:34 PM
chesslim Value trap ! ? , if no confident, can sell all now !
26/03/2019 5:44 PM
LongTermInvestment Chill.. He jz want to hit and run.. Magni net cash with good fundamental. M
26/03/2019 7:52 PM
LongTermInvestment Will history repeats itself?
28/03/2019 10:59 AM
klout Apple168, is Cold Eye using new handler to comment now?
28/03/2019 6:55 PM
YAPSS Day 26 of Fundamental Daily, YAPSS will be covering Magni-Tech Industries Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #FundamentalDaily #MagniTechIndustriesBerhad

Click the on the link below to find out more: https://youtu.be/-QDcvm6J2Bg
29/03/2019 5:45 PM
wakarimas anyone know magni previous PE value around how much?
31/03/2019 5:58 PM
apple168 Long term investment, Hibiscus up up up. You miss the opportunity to earn extra if you hv sold it.
06/04/2019 3:49 PM
LongTermInvestment Hi apple168, indeed I have sold it with decent profit. The extra leave it for you and your team to earn. Cheers! :)
06/04/2019 4:11 PM
warrantKing USD strengthen again MYR again.

Hope this and coming factory can contribute a better profit
11/04/2019 9:41 PM
MrPotato88 It’s fundamental is strong with no debt, reported increasing earning in 3 consecutive quarters, PE less than 10, new plant to commence this year, potential catalyst from 2020 Olympic...is now the time to enter ??
13/04/2019 1:35 PM
4444 3.88 better price to buy?
14/04/2019 2:29 PM
carol_danvers im waiting for 4.40
19/04/2019 3:55 PM
dnlt Average PE for the past 5 years should be 8.x times. In 2015, it hit the max 10.x before came crashing down.

Posted by wakarimas > Mar 31, 2019 5:58 PM | Report Abuse
anyone know magni previous PE value around how much?
20/04/2019 3:14 PM
chesslim 记住,当别人恐惧时你要贪婪。
08/05/2019 10:59 PM
dnlt Made in Vietnam exempted from the trade war list ;)
10/05/2019 1:23 PM
klchai123 Magni: Financial yr ended 31/4/2019 should record much better profit after tax of about 110 million compared with about 90 million in 2018. ROE about 20% with uptrend. PE below 8 times. Dividend yield above 5% and is expected to improve based on existing price level. US dollar strengthen lately and should favor Magni.

Holding a lot of cash with no bank borrowings. Total cash plus money mkt funds amounted to 250 million.

Vietnamese operation is much favoured in view of US-China trade war.

Price should break 5.50 in near future
19/05/2019 12:12 PM
apple168 China government is stirring up the anti USA products such as McD, KFC, apple, Nike etc...good luck!
21/05/2019 6:18 PM
klchai123 China manufacture garments and shoes for exports to USA, including branded ones under franchise. with high tariffs, cost up and less competitive compare with those manufactured in Vietnam.
22/05/2019 4:53 AM
klchai123 USA does not export shoes and garments to China. it's China that need to export. Therefore, Magni is a beneficiary.
22/05/2019 4:56 AM
klchai123 https://www.scmp.com/week-asia/geopolitics/article/3010733/spoils-trade-war-asias-winners-and-losers-us-china-clash
22/05/2019 7:01 AM
LongTermInvestment I think that's why the owner and directors keep collecting recently.
22/05/2019 12:34 PM
warrantKing Yes, because all CHINA product is taxed heavily . Vietnam factory Magni will be beneficiary.
25/05/2019 10:07 PM
shareinvestor88 Why up ?
10/06/2019 11:18 AM
KPH5328 current good points:
1. Nike market share in China is growing (double digits)
2. Potential beneficiary due to Trade war
3. Expansion in Vietnam on track, phase 2 will begin in mid 2019
11/06/2019 9:22 AM
KPH5328 will Nike sales be affected due to anti-US sentiments in China?
11/06/2019 9:22 AM
JayC gogogo. target price RM6 by end 2019
11/06/2019 4:22 PM
apple168 China government is boycotting Nike products!
11/06/2019 4:58 PM
apple168 Good Luck for those who chase Magni!
11/06/2019 4:58 PM
apple168 US dollar depreciating hurting magni profit!
11/06/2019 4:59 PM
apple168 Most of us are boycotting kfc, McD, US related products including Nike!
11/06/2019 5:01 PM
chesslim maybe this year up to history new high.7.60, than bonus issue.
11/06/2019 10:13 PM
Duncan Invest Summary and overview of Magni> http://evassmat.com/QiXL
12/06/2019 2:31 AM
Duncan Invest Excel file for overview of Magni> http://evassmat.com/QiUi (For own use only)
12/06/2019 2:32 AM
apple168 10 reasons not to buy Magni:-
1. Ringgit continues to strengthen against US dollar
2. Raising labor cost
3. Raising material cost
4. China sports brand Companies are Nike Strong competitors (Li Ning, Xtep, Kbird, 361 and many others) which sell good quality branded garments at cheaper price. The trend now prefers China products compared to US products for instance HuaWei outbeat Apple.
5. US vs China Trade war (what will happen if China increases Nike garment tax and boycotting Nike-US products; it hits apple, Tesla...)
6. Only produce Nike garment (Depends on Nike sales)
7. Current magni share price of 5.00 is 56% premium from magni NTA price (more premium than Maybank! What a joke!)
8. Many of retailers prefer to buy pirated Nike products and sell to consumers at affordable price.
9. Magni shares has low liquidity risk
10. Trading Markets flavors construction related shares compared to garments. Current theme is construction!

Good Luck!
12/06/2019 11:38 AM
apple168 Many bought at 4.5 are selling now... 15% profits!
12/06/2019 11:47 AM
LongTermInvestment How do you know many buy at 4.5? How about 4.8? Able to provide stats please?
12/06/2019 12:16 PM
apple168 Believe or not believe, up to you!
12/06/2019 5:16 PM
apple168 If you are Chinese, more so you should boycott Nike and hence magni! Do not support US product!
12/06/2019 5:44 PM
LongTermInvestment Thanks for your convincing reply.
12/06/2019 5:45 PM
apple168 We hate 汉奸!
12/06/2019 6:06 PM
dnlt apple168, I am not going to rebut your 10 points and will leave to readers to think about them logically. There is only 1 reason why I didn't increase my holdings in MAGNI and I am surprised that you left it out in your "10 reasons not to buy Magni" list.

The key risk in MAGNI is customer concentration risk. The management is of course well aware of it as well. Hopefully that is something that can be addressed soon.
13/06/2019 8:05 AM
chonghai apple168,
8,9,10 from your reasons are real joke. If your investment is based on NTA, good luck.

Let's see 3 years from now, what will be Magni's dividend.
The reason why Magni liquidity is so low is because ppl like us are buying Magni, we don't care about share price and we don't even bother about selling as long as the dividend is decent.

You want liquidity, go play EKOVEST and BUMI Armada.
13/06/2019 8:13 AM
shareinvestor88 apple168 look at nestle dutch lady NTA and the share price
13/06/2019 8:26 AM
cyeec2000 The garments cheaper productions costs would be lower in Vietnam, nike still need to outsource the products from cheaper source.
13/06/2019 9:13 AM
apple168 汉奸 汪汪叫!
13/06/2019 2:58 PM
KSLI Oil jumps more than 3% on reports of tanker incident in the Gulf of Oman off Iran coast
13/06/2019 4:05 PM
small_player when will be the announcement for financial year end report?
14/06/2019 10:29 AM
15/06/2019 8:00 AM


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