Highlights
KLSE: MAGNI (7087)       MAGNI-TECH INDUSTRIES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
2.15   -0.01 (0.46%)  2.13 - 2.17  470,000
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Overview

Market Cap: 933 Million
NOSH: 434 Million
Avg Volume (4 weeks):677,250
4 Weeks Range:2.05 - 2.26
4 Weeks Price Volatility (%):
47.62%
52 Weeks Range:1.24 - 7.11
52 Weeks Price Volatility (%):
15.50%
Average Price Target: 2.48
Price Target Upside/Downside: +0.33
Stamp duty exempted for year 2020

Financial Highlight

Latest Quarter | Ann. Date 31-Jul-2020 [#1]  |  08-Sep-2020
Next QR | Est. Ann. Date: 31-Oct-2020  |  10-Dec-2020
T4Q P/E | EY: 7.90  |  12.65%
T4Q DY | Payout %: 4.09%  |  32.32%
T4Q NAPS | P/NAPS: 1.4483  |  1.48
T4Q NP Margin | ROE: 10.09%  |  18.78%

Headlines

Date Subject
10-Sep-2020 PublicInvest Research Headlines - 10 Sep 2020
10-Sep-2020 Mplus Market Pulse - 10 Sep 2020
10-Sep-2020 美特工业迈向RM2.32/敏源
09-Sep-2020 Magni-tech Industries Berhad - In-line With Expectations
09-Sep-2020 Mplus Market Pulse - 9 Sep 2020
02-Sep-2020 2Q 2020 Result Round-Up - Another Weak Quarter
26-Aug-2020 [TRV] MAGNI - Recovery play
03-Jul-2020 Daily technical highlights – (SCGM, MAGNI)
29-Jun-2020 Malaysia 2H 2020 - The Great Expectation
23-Jun-2020 Magni-Tech Industries Berhad - Stronger-Than-Anticipated Sales Orders
31-Dec-2014 Mplus Market Pulse - 23 Jun 2020
22-Jun-2020 Magni-Tech Industries Bhd 4Q FY 2020 Update Report (HOLD)
03-Jun-2020 Daily technical highlights – (MAGNI, PWROOT)
09-Apr-2020 Magni-Tech Industries Berhad - Anticipating Weaker Apparel Sales
04-Apr-2020 Magni-tech is worth around RM2.
29-Mar-2020 MAGNI (7087) 简报分析
25-Mar-2020 Stocks on Radar -Magni-Tech Industries (7087)
11-Mar-2020 [转贴] [MAGNI-TECH INDUSTRIES BHD:收到更高的销售订单] - James的股票投资James Share Investing
10-Mar-2020 Magni-Tech Industries Berhad - Margins Affected by Higher Costs
10-Mar-2020 Mplus Market Pulse - 10 Mar 2020

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.
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  7 people like this.
 
amet2017 A good counter like this very hard to move. Only bad fundamental company will be goreng until hangus
06/08/2020 12:33 PM
warrantKing Haha , because there is risk of tokyo olympic 2021 being cancelled mah...
06/08/2020 12:33 PM
beginner so quite on this counter, such good FA company but nobody wanna buy....
10/08/2020 2:50 PM
股你悟到 Quiet, then buy slowly
10/08/2020 2:53 PM
darrenlee97 Good la no ppl goreng
11/08/2020 11:38 AM
ricky8888 https://www.klsescreener.com/v2/news/view/715133
19/08/2020 8:22 PM
amet2017 But share price not moving
21/08/2020 11:38 AM
Jerry no big fish come in to buy, no matter how fundamental good also no use.
Now the KLCI is on an abnormal trend. good or not good is traders said, not fundamental said.

This trend will eventually end but dunno when.

As of now is follow trend and earn fast money then cabut.
22/08/2020 11:08 AM
JohnFook 25% retracement ....buy then
24/08/2020 12:32 AM
amet2017 Yes only operator in control. Q sell block slowly going down. From 2.10, 2.08 now they block at 2.06
24/08/2020 12:00 PM
GTdyno Operator is accumulating??
24/08/2020 4:47 PM
gnail upup here we go go , where we stop no body knows
27/08/2020 3:42 PM
jasonlingwj anybody knows what's the cause of the spike?
27/08/2020 6:01 PM
beginner nice, must got good news coming soon or the qr should be tiptop
27/08/2020 7:10 PM
Bao2lai Spike is likely to celebrate the coming fallen qr.
27/08/2020 8:31 PM
kyy_superinvestor Internal new said that magni is venturing into glove manufacturing...
27/08/2020 10:21 PM
scholez18 Read company announcement. I believe it's renewal of authority from shareholders to buyback up to 10% outstanding shares.
27/08/2020 11:26 PM
tuapuikia Magni no need to venture into glove, the company is doing good all the while
28/08/2020 8:34 AM
cbkia4896 why today no power
01/09/2020 9:23 AM
ABSBOSS wait..kasi clear sapa2 tak mau pick up today...after 4 baru laju nie
01/09/2020 1:45 PM
ABSBOSS sudah ada power
02/09/2020 1:06 PM
ABSBOSS Next weej qtr out .. Any ideas?
04/09/2020 12:11 PM
cbkia4896 Nike do facemask like underarmour then can LIMIT UP
04/09/2020 12:44 PM
chshzhd buy ..
07/09/2020 2:24 PM
speakup cut loss magni @ 2.19
bye bye
07/09/2020 2:44 PM
speakup rubbish counter magni
07/09/2020 2:45 PM
cbkia4896 Some ppl say buy. Some say bye
08/09/2020 3:02 PM
cbkia4896 oh got dividend somemore weh
08/09/2020 7:05 PM
Bao2lai Really unexpected.. drop 13% revenue consider less.
wanted to collect more share at much lower selling price seems challenging.
08/09/2020 8:58 PM
chesslim MCO time also hv this Q result, Magni is very good company and management.
08/09/2020 9:28 PM
gemfinder Aceptable result. Continue hold
08/09/2020 9:38 PM
lcng123 Nike posted loss result in latest QR. Magni's latest QR consider excellent.
08/09/2020 10:57 PM
ABSBOSS Aduiii.. Rugi tak masuk CB.... Esok belasah 2.5 sen lah
08/09/2020 11:58 PM
kasim Magni-Tech Industries Bhd's net profit for the first quarter ended July 31, 2020 (1QFY21) fell 12.3% to RM26.76 million from RM30.51 million a year earlier, as revenue dropped 10.8% to RM291.99 million from RM327.33 million
09/09/2020 9:58 AM
kasim The garment maker, which is also involved in the manufacturing and sale of flexible plastic packaging goods and corrugated cartons, said its financial performance for the quarter was considered "fairly satisfactory" given the pandemic-driven sharp economic contraction that had significantly impacted practically all business sectors across the globe
09/09/2020 9:58 AM
kasim Its garment segment, which contributed to over 90% of the group's revenue in 1QFY21, recorded an 11.4% drop in revenue to RM268.14 million. The segment is its main income-generating segment and accounted for 95.2% of the group's profit from operations
09/09/2020 9:58 AM
kasim The lower revenue, on top of lower investment income, resulted in lower profit before tax (PBT) for its garment segment, which fell 14.1% to RM33.33 million
09/09/2020 9:58 AM
kasim Its packaging segment, however, recorded a 32% rise in PBT — despite a 2.9% slip in revenue to RM23.85 million on lower sale orders — thanks to lower raw material costs.
09/09/2020 9:59 AM
kasim Magni-Tech expects its operating environment for the rest of FY21 to be challenging given the yet-to-abate Covid-19 pandemic, and uncertainties about the pace of economic and business recovery.
09/09/2020 9:59 AM
cbkia4896 K not bad today. I still hold la. If drop somemore back to less than 2.1 can top up and wait it fly next quarter
09/09/2020 5:06 PM
speakup https://www.thestar.com.my/business/business-news/2020/09/09/magni-tech-sells-land-for-rm22mil

if magni give out 3sen special dividend, speakup will buy back
09/09/2020 10:19 PM
cbkia4896 ppl sell property earn more money
10/09/2020 10:20 AM
Michael Kwok We are asking investor to accumulate this stocks below rm 1.80.This stocks seem to have profit which do not match by prices.Let see about it.
10/09/2020 3:32 PM
cbkia4896 Magni AGM give Nike shoes ah
11/09/2020 3:47 PM
humongainz slightly overvalued. hold for long term sure.
12/09/2020 4:01 PM
James Ng https://klse.i3investor.com/blogs/general/2020-09-13-story-h1513467081.jsp
[转贴] [MAGNI-TECH INDUSTRIES BHD:Covid-19大流行中的急剧经济萎缩,实际上已严重影响了全球所有商业领域] - James的股票投资James Share Investing
13/09/2020 10:47 AM
cbkia4896 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3087954
They buying back themselves so chill la brotha can hold and wait grow
14/09/2020 6:19 PM
EatCoconutCanWin Muhiddin buy Nike shoes for donations
15/09/2020 7:41 AM
LongTermInvestor8 O&G Recovery, which stock to invest? Once vaccine is out, O&G will be one of the next industry to rally. Invest now.
https://klse.i3investor.com/blogs/ndcg/2020-08-28-story-h1511677632-Serba_Dinamik_40_Upside_Hidden_Gem.jsp
17/09/2020 7:37 PM
Pang Anyone going for Magni Agm soon
22/09/2020 12:38 PM


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