Highlights
KLSE: MAGNI (7087)       MAGNI-TECH INDUSTRIES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
4.94   -0.01 (0.20%)  4.86 - 5.01  217,100
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Overview

Market Cap: 804 Million
NOSH: 163 Million
Avg Volume (4 weeks):107,425
4 Weeks Range:4.49 - 5.02
4 Weeks Price Volatility (%):
84.91%
52 Weeks Range:3.88 - 5.47
52 Weeks Price Volatility (%):
66.67%
Average Price Target: 5.67
Price Target Upside/Downside: +0.73
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 31-Jan-2019 [#3]  |  18-Mar-2019
Next QR | Est. Ann. Date: 30-Apr-2019  |  22-Jun-2019
T4Q P/E | EY: 7.96  |  12.56%
T4Q DY | Payout %: 4.66%  |  37.07%
T4Q NAPS | P/NAPS: 3.2  |  1.54
T4Q NP Margin | ROE: 9.53%  |  19.39%

Headlines

Date Subject
12-Jun-2019 Trading Stocks - Magni-Tech Industries
12-Jun-2019 上升股:美特工业阻力RM5.11
10-Jun-2019 [转贴] 2019年天哥精选好公司之第三集 ~ MAGNI (7087) ~ 第一天
29-Mar-2019 Magni-Tech Industries Berhad (KLSE) #FundamentalDaily - YAPSS
22-Mar-2019 [转贴] 追踪成衣需求- 耐克 NIKE - 股灵精探
20-Mar-2019 Daily Technical Highlights – (MAGNI, QES)
19-Mar-2019 Magni-Tech Industries Berhad - Improved Margins From Lower Expenses
18-Mar-2019 Magni-Tech Industries Bhd 3Q FY 2019 Results Report (HOLD)
14-Dec-2018 Technical Analysis - Magni-Tech Industries
13-Dec-2018 Magni-Tech Industries Berhad - Awaiting Contribution From New Plant
12-Dec-2018 Magni-Tech Industries Bhd - 2Q FY 2019 Results Report (HOLD)
29-Oct-2018 [转贴] [MAGNI-TECH INDUSTRIES BHD:预计服装和包装业务将保持盈利] - James的股票投资James Share Investing
28-Sep-2018 [转贴] 【MAGNI 第21届股东大会】乔治市,槟城 - 股灵精探
27-Sep-2018 [转贴] NIKE持续增长,MAGNI呢?- 股灵精探
13-Sep-2018 Magni-Tech Industries Berhad - In Line With Expectation
12-Sep-2018 Magni-Tech Industries Bhd - 1Q FY 2019 Results Report (HOLD)
03-Jul-2018 美特工业 - 继续扩展
26-Jun-2018 [转贴] [MAGNI-TECH INDUSTRIES BHD,在市场动荡不定的情况下将面临挑战] - James的股票投资James Share Investing
26-Jun-2018 下跌股:美特工业RM3.80支撑
25-Jun-2018 Magni-Tech Industries Berhad - Within Expectations

Business Background

Magni-Tech Industries Bhd, through its subsidiaries, is principally engaged in manufacture and sales of garments. In addition, the company also manufactures and distribute flexible plastic and corrugated packaging products. The company is organised into two business segments namely Manufacturing and sales of packaging materials and Manufacturing and sales of garments. The group operates in Malaysia for manufacturing and sales of packaging materials and garments and in Vietnam for manufacturing and sales of garments. Manufacturing and sales of garments segment contribute majorly in the company's revenue.
Trade this stock for as low as 0.05% brokerage. Find out more.

  7 people like this.
 
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
LongTermInvestment Nike starts garment production for Olympic soon maybe.
17/06/2019 6:13 PM


 

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