Highlights
KLSE: MAGNI (7087)       MAGNI-TECH INDUSTRIES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
2.17   -0.01 (0.46%)  2.16 - 2.18  7,000
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Overview

Market Cap: 942 Million
NOSH: 434 Million
Avg Volume (4 weeks):191,094
4 Weeks Range:2.15 - 2.25
4 Weeks Price Volatility (%):
20.00%
52 Weeks Range:2.10 - 2.66
52 Weeks Price Volatility (%):
12.50%
Average Price Target: 2.92
Price Target Upside/Downside: +0.75
Stamp duty exempted for year 2021

Financial Highlight

Latest Quarter | Ann. Date 31-Jul-2021 [#1]  |  14-Sep-2021
Next QR | Est. Ann. Date: 31-Oct-2021  |  03-Dec-2021
T4Q P/E | EY: 7.75  |  12.90%
T4Q DY | Payout %: 4.19%  |  32.48%
T4Q NAPS | P/NAPS: 1.6181  |  1.34
T4Q NP Margin | ROE: 9.80%  |  17.30%

Headlines

Date Subject
15-Sep-2021 【行家论股/视频】美特工业 封锁放宽有利反弹
15-Sep-2021 Magni-Tech Industries Berhad - Earnings Dragged By Lockdown Measures
15-Sep-2021 Mplus Market Pulse - 15 Sept 2021
24-Jul-2021 【行家论股/视频】美特工业 越南关厂财测砍7%
23-Jul-2021 Mplus Market Pulse - 23 Jul 2021
23-Jul-2021 Magni-Tech Industries Berhad - Temporary Halt In Production Facilities
29-Jun-2021 【 MAGNI(7087)业绩分享 】
24-Jun-2021 MAGNI-TECH INDUSTRIES BERHAD - In-Line With Expectations
24-Jun-2021 Mplus Market Pulse - 24 Jun 2021
17-Jun-2021 PublicInvest Research Headlines - 17 Jun 2021
10-Jun-2021 美特工业上挑RM2.52/敏源
12-Apr-2021 美特工业长期乐观
10-Mar-2021 MAGNI(7087)业绩不减反增,继续走强?
10-Mar-2021 Daily technical highlights – (SCIB, MAGNI)
09-Mar-2021 【行家论股/视频】美特工业 需求强劲激励财测
09-Mar-2021 MAGNI-TECH INDUSTRIES BHD - VERDICT?
09-Mar-2021 Magni-Tech Industries Berhad - Recovery In Apparel Sales
09-Mar-2021 Mplus Market Pulse - 9 Mar 2021
09-Mar-2021 PublicInvest Research Headlines - 9 Mar 2021
04-Dec-2020 Magni-tech Industries Berhad - Dragged By Lower Garment Sales

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.
 
Begineer interesting
09/06/2021 6:37 PM
Huat 888 Once breaks 2.45..next 2.66
11/06/2021 10:46 PM
rojakmee Vietnam's garment export up 15 pct in 5 months - Xinhua | English.news.cn
http://www.xinhuanet.com/english/asiapacific/2021-06/03/c_139986608.htm
14/06/2021 7:58 PM
Begineer Nice ....
15/06/2021 7:36 PM
rojakmee selling land & building in penang, money for expansion in Vietnam I think .... TP 3.5 just hold
17/06/2021 11:22 AM
kens88 simply say
17/06/2021 11:32 AM
Begineer Maybe higher dividend ?
17/06/2021 7:27 PM
Cakes Moon Result out next week, gap up!!!
20/06/2021 10:12 AM
rojakmee Why need to sell when they are already cash rich with 350m in the bank , this is surely for business expansion in Vietnam , TP RM3.5
20/06/2021 9:08 PM
kens88 what are the odds nike drop magni as supplier? since malaysia always got forced labour issue?
23/06/2021 7:46 PM
petnch2020 kens88,

Magni main operation is actually in Vietnam. They have 10 factories located mostly in Ho Chi Minh area with a total combined of 13,600 line workers. Most of the workers in Vietnam are locals. The 2 factories in Penang are relatively small compared to those in Vietnam.

So i don't think they have issues with forced labour.
23/06/2021 10:04 PM
wallstreetrookie Pretty decent still in these trying times. However, still neutral on Magni
23/06/2021 10:11 PM
Begineer Hold for long term. Dividend yield not bad
24/06/2021 2:13 PM
Begineer Is anyone aware of the plan for JV in indonesia?
https://klse.i3investor.com/servlets/ptres/60046.jsp
24/06/2021 7:03 PM
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


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