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KLSE: MAGNI       MAGNI-TECH INDUSTRIES BHD
Last Price Avg Target Price   Upside/Downside Price Call
2.14 2.92     +0.78 (36.45%)
* 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
15/09/2021 2.21 2.85 +0.64 (28.96%) BUY PUBLIC BANK Price Target News
23/07/2021 2.26 2.95 +0.69 (30.53%) BUY PUBLIC BANK Price Target News
24/06/2021 2.34 3.00 +0.66 (28.21%) BUY PUBLIC BANK Price Target News
17/06/2021 2.42 2.88 +0.46 (19.01%) BUY PUBLIC BANK Price Target News


Price Target Research Article/News (past 6 months)
15/09/2021  PUBLIC BANK Magni-Tech Industries Berhad - Earnings Dragged By Lockdown Measures
23/07/2021  PUBLIC BANK Magni-Tech Industries Berhad - Temporary Halt In Production Facilities
24/06/2021  PUBLIC BANK MAGNI-TECH INDUSTRIES BERHAD - In-Line With Expectations
17/06/2021  PUBLIC BANK PublicInvest Research Headlines - 17 Jun 2021



  7 people like this.
 
Najib Zamry Good company tO invest
24/06/2021 7:39 PM
bagankia Not bad, attractive dividends.
25/06/2021 2:01 PM
New994 Look st Nike qr yesterday, there are more rooms to grow for this magni to grow
25/06/2021 2:39 PM
huat8787 https://www.cnbc.com/2021/06/24/nike-nke-q4-2021-earnings.html
25/06/2021 4:09 PM
Begineer Nice !!
25/06/2021 6:36 PM
milosh undervalued, read here: https://miloshtrading.blogspot.com/2021/06/magni-tech-nike-proxy.html
28/06/2021 10:27 AM
Najib Zamry Magni is a must have in one portfolios due to strong fundamentals, solid management and huge cash in hand.
28/06/2021 8:42 PM
William Ng all in ^^
29/06/2021 1:19 AM
Foker Lol, if Nike Dai Lou not happy kick Magni from gang, next minute become bankrupt
29/06/2021 2:04 AM
Foker U guys better learn how to suck up to Nike Dai Lou before thinking about investing In Magni Sai Lou
29/06/2021 2:05 AM
New994 This is the question shareholders have been asking magni for decade. "what if Nike choose not to give magni order" yet we see magni have been growing and growing. Think before u invest in any stock. :)
29/06/2021 4:40 PM
apple168 https://youtu.be/nsgt1KtKmpQ
14/07/2021 7:02 AM
KPH5328 https://www.voanews.com/covid-19-pandemic/vietnam-announces-lockdown-vaccination-goals
two-week lockdown on movement in Ho Chi Minh City
Any impact to Magni?
14/07/2021 7:55 AM
petnch2020 From my understanding, factories can still operate but with strict SOP. Its not total lockdown like the one we are facing in Selangor. The recent movement control will last 15 days from 9 July to 24 July.

Most of the factories in Ho Chi Minh are still in operation during the MCO but with lower capacity.

Those that are forced to close are factories that have direct covid cases but government will allow them to reopen once they set up covid prevention and containment measures.
14/07/2021 10:41 AM
apple168 Ppl all run away from factories! Guess the invisible operating the factories now…
14/07/2021 11:24 AM
apple168 TP 1.2!
14/07/2021 11:25 AM
Begineer it won't be as bad la. Somemore it is a net cash company.
14/07/2021 12:47 PM
Bgt 9963 Post removed. Why?
14/07/2021 12:47 PM
apple168 https://youtu.be/xdsbYGiGhH4
16/07/2021 7:27 PM
apple168 Magni 暂关越南厂房防疫

https://www.enanyang.my/node/418580
22/07/2021 9:57 PM
CrawlingGreyAstro Good luck!
02/08/2021 1:14 AM
scholez18 Taking recent 2020 net profit at 118 mil, at PE 8x, we'd get price per share price of 2.17 - very close to current price now. Adding a huge net cash 334 mil, (per share of 0.77), MAGNI's price should be 2.17 + 0.77 = 2.94 at minimum.

If you assume PE 10x, it would be even higher.

Assuming MAGNI, continues to distribute 35% of profits for dividend, that's 4% dividend yield on current price of 2.20.

Without even counting growth in the next 2-3 years (note that MAGNI has grown its earnings by 22% CAGR past 10 years and 8% pa past 5 years), assuming MAGNI takes 3 years to reach 2.94 price, holding MAGNI at 2.20 today would give you return of 14.5% return per annum, inclusive of the 4% dividend yield each year.

This is real investing at works.
12/08/2021 12:14 PM
apple168 https://www.chinapress.com.my/?p=2640618
21/08/2021 11:11 AM
k6ii Magni ini counter,,how ? keep drop..
24/08/2021 12:22 PM
akuantiguru Vietnam extend lockdown until September, GG liao
24/08/2021 1:03 PM
akuantiguru Be prepare to drop 50% revenue next QR
24/08/2021 3:30 PM
vcpmaster123 dont be silly guys....the covid 19 situations in vietnam is already priced in to magni share price now....if vietnam situation is good, magni would already marched into 2.80 to 3.00....now is the time to buy not sell...accumulate slowly.
26/08/2021 7:08 AM
investortrader88 Finally my queue buy matched at RM 2.21.good luck guys !
30/08/2021 4:30 PM
investortrader88 https://www.thestar.com.my/business/business-news/2021/08/30/foreign-buying-on-bursa-surges-to-rm96433mil-last-week
30/08/2021 4:31 PM
investortrader88 Top 25 shareholders own 78.92% of Magni-Tech Industries Berhad


Poay Tan
23.99%

Kp Holdings Sdn. Bhd.
13.1%

Kok Tan
10.41%

Siyasi Sdn. Bhd.
6.65%

FMR LLC
4.52%

Eastspring Investments (Singapore) Limited
3.24%

Yuit Eow Lee
3.12%

Public Mutual Berhad
3.05%

Poay Tan
1.94%

Employees Provident Fund of Malaysia
1.42%

Ai Ling Tan
1.02%

Cheok H'ng
0.8%

Bank Negara Malaysia National Trust Fund
0.78%

Bank Julius Bär & Co Ltd., Asset Management Arm
0.69%

Norges Bank Investment Management
0.61%

Ee Ling Tan
0.46%

South Island Holdings Sdn. Bhd.
0.45%

Man Hong Wong
0.43%

BNY Mellon Asset Management
0.38%

Dimensional Fund Advisors L.P.
0.38%

Chuen Chang
0.37%

Lim Chuan
0.33%

South Island Development Company Sdn. Berhad
0.32%

Kok Aun Tan
0.3%

Hong Leong Asset Management Bhd
0.16%
30/08/2021 10:47 PM
apple168 https://technews.tw/2021/08/30/vietnam-lockdown-impact-cloth-and-coffee-industry/
05/09/2021 9:13 PM
Dakewlest No dividend for Q1…
15/09/2021 7:40 AM
chesslim what happen ? why no dividend, want to give 1 time capital repayment RM 0.50 ?
15/09/2021 4:38 PM
Begineer due to uncertainty in vietnam.
15/09/2021 6:22 PM
ykloh Magni is not alone. All counters with manufacturing plants in Vietnam will be negatively impacted by lock down due to covid 19, such as HL Ind, Latitute which have yet to report for June 30.
15/09/2021 7:25 PM
Begineer ya, i agree. Not a bad result considering the lockdown was started in Jun. 1.5 months
15/09/2021 10:11 PM
All_in_2021 Probably need to bear with this price or slightly lower until next qtr. Hope that Vietnam operation re-open soon
17/09/2021 1:01 PM
SongYau9 70% income from Vietnam. Nx QR gonna tsunami
17/09/2021 3:28 PM
All_in_2021 anyone going to top up?
17/09/2021 3:31 PM
SongYau9 Nx qr u can buy below 2
17/09/2021 3:32 PM
chesslim Who want to ask Tan boss why this Q no give dividen ? who attend the General Meeting.
17/09/2021 4:06 PM
chesslim Magni net cash balance is history new high, why no give dividen ??
17/09/2021 4:12 PM
All_in_2021 can expect standard answer ..hopefully go through this cycle with them and we will be rewarded
17/09/2021 4:14 PM
Begineer I saw news lockdown extended. Not looking good for next Q. A good opportunity to top up?
17/09/2021 6:02 PM
SandCoffee @Begineer - If the next Quarter is expected to be bad then why bother to top up now? I thought buy after next Quarter would be better? Please advise. Thanks.
17/09/2021 9:21 PM
All_in_2021 share price will reflect partly by expectation. The price will drop now in anticipation of further lock down which impact next quarter. Same case for Genting, still making huge losses but people has high hopes then when it re-opens, the result will be good. Thus, the price would have move up now
18/09/2021 8:10 AM
Begineer Sandcoffee, I plan to hold it for the long term so if the fundamental of the company is good and the price is within my acceptable range I wouldn't mind topping up. Lockdown is just a short-term issue. The price may have already been priced in the expected bad quarter. Once V. Government announces ease of restriction or Magni makes an announcement they manage to apply for a permit to resume operation, it may move back to where it was. Just my opinion.
18/09/2021 8:24 AM
All_in_2021 Ask the management what's their plan during the upcoming AGM. I read news that retailers are re-considering Vietnam as the suitable place for manufacturing. Probably should diversify to different location to spread the risk.
18/09/2021 9:55 AM
SandCoffee @ Begineer - Yea Magni is good for long term. Hope the restriction will be lifted soon and good luck to you all.
18/09/2021 10:19 AM
Bgt 9963 Hold for long term...
18/09/2021 10:42 AM

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