Highlights
KLSE: MAGNI (7087)       MAGNI-TECH INDUSTRIES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
5.19   -0.14 (2.63%)  5.15 - 5.33  84,200
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Ann. Date Details of Changes View
From To Type No. of Shares Min Price Max Price Total Amount
14-Dec-2018 14-Dec-2018 14-Dec-2018 Buyback 10,000 4.200 4.200 -123,456.79 View Detail
17-Dec-2018 17-Dec-2018 17-Dec-2018 Buyback 40,000 3.930 4.000 158,822.39 View Detail
18-Dec-2018 18-Dec-2018 18-Dec-2018 Buyback 25,000 3.980 3.980 100,126.85 View Detail
28-Dec-2018 18-Dec-2018 18-Dec-2018 Buyback 25,000 3.980 3.980 100,126.85 View Detail
28-Dec-2018 14-Dec-2018 14-Dec-2018 Buyback 10,000 4.200 4.200 42,264.60 View Detail
28-Dec-2018 17-Dec-2018 17-Dec-2018 Buyback 40,000 3.930 4.000 158,822.39 View Detail
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  7 people like this.
 
cyeec2000 She think that she is fund manager in Singapore has superior than other here. Dun underestimated wisdom of ppl here. Dun try to think ppl here are easily to be fooled.
05/07/2019 5:48 PM
myone99 As for a real fund manager they don't share or write any public view. Only those try to get attention or someone that frustrated with their job that they lost big time and under great pressure. Soon most of the fund manager will be replace by AI. God bless them.
05/07/2019 5:57 PM
cyeec2000 Yup, in fact she is just " fun manager " here try to make some joke hete..
05/07/2019 6:01 PM
VSLSB myone99: Exactly. As a "fund manager" apple168, shouldn't you be looking for the next 10 bagger instead of fighting forumers in i3?
05/07/2019 6:03 PM
cyeec2000 In fact, Most of the funds managers still got their bonus, salary and compensation even they cant performed. They can reveal overstated fund returned without stated the cost of funds, average daily transaction costs and management fees to be charged. Peter lynch even said that some of funds manager didnt know what their buy. Still many ppl dun know about it. Thats why warren buffett and john bogle advocated that ETF should be choice instead of actived managed funds.
05/07/2019 6:39 PM
apple168 12 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. China has the biggest garment market! Ppl of China are boycotting Nike-US products!
6. Only produce Nike garment (Depends on Nike sales).
7. Current magni share price of 4.9+ is near 60% premium from magni NTA price (more premium than Maybank!) Looking at magni peers ie prlexus share price is still bearish...
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 oil and construction related shares compared to garments. Current theme is oil and construction!
11. Trump going trade war against Vietnam!
12. Magni directors share buy back at 5+ to 6+ in 2018 and thereafter, magni share price crashed to 3.8+!

This is merely to share our opinion on magni! Be informed that final decision to buy or sell is always yours!
06/07/2019 8:55 PM
cyeec2000 Yup i like to buy more..no problem can you sell more cheaper in opened market? Probably you can sell your part below rm1
06/07/2019 9:26 PM
cyeec2000 You looked like very desperated that magnitech has not been heavily sold.. Your level is still low to be market maker..
06/07/2019 9:28 PM
Sheila James Anybody here from Jupiter securities changed to CGS itrade? How much is the brokerage fee? How do I withdraw cash or shares from CGS itrade account? Can I do online?
06/07/2019 9:38 PM
shareinvestor88 Dear Apple168
If ur so good in investment , i wonder why you are working as an analyst in Spore ?
why not work for your own .
06/07/2019 10:38 PM
cyeec2000 She just dared to call ppl who brought magnitech as汗奸,but looked at herself where is intergrity or moral?
06/07/2019 11:28 PM
cyeec2000 If i am her i would remain silent, talking much more to expose more how stupid am i..
06/07/2019 11:30 PM
VSLSB Better to counter his/her arguments with facts. Usually they would just concede that certain group of investors are just too well informed and just move on to another group.
07/07/2019 4:09 PM
apple168 Appreciate if you could read my good intentions to help the ikan bilis from getting VALUE TRAP in magni!
08/07/2019 2:41 PM
VSLSB apple168: You have been preaching the same thing since last 1-2 years (i.e. TP 2 as per 26/06/2018) till now. If anyone had listened to you then would've lost 23 cents per share of dividends + capital appreciation of about 10%. That is a whopping RM2300 in divs if they have 100 lots!

Good intentions... Really?
08/07/2019 4:11 PM
cyeec2000 Yup,.. Thats why she asked us to sell cheap to her.If fun manager skill like that,probably wont be heard of this so soon.
08/07/2019 4:39 PM
cyeec2000 After her shout, magnitech share price risen back.. Its fun to see how she desperated.Haha..
08/07/2019 4:52 PM
apple168 VSLSB, guess you cut loss on magni and chased high on magni. Now, trapped in magni and blame me for your mistakes! You r such a joker!
08/07/2019 6:38 PM
apple168 If you hv followed me, you hv won big on airasia, hibiscus, Carimin, annjoo and our latest call on Ajinomoto and Genting!
08/07/2019 6:38 PM
VSLSB apple168: You got it backwards boy, had I listened to you, I would've lost big. Resorting to personal attacks still doesn't answer your questionable intentions. Thank you but I will be avoiding all the stocks you recommended. Good luck trying to push them.
09/07/2019 1:49 AM
apple168 12 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. China has the biggest garment market! Ppl of China are boycotting Nike-US products!
6. Only produce Nike garment (Depends on Nike sales).
7. Current magni share price of 4.9+ is near 60% premium from magni NTA price (more premium than Maybank!) Looking at magni peers ie prlexus share price is still bearish...
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 oil and construction related shares compared to garments. Current theme is oil and construction!
11. Trump going trade war against Vietnam!
12. Magni directors share buy back at 5+ to 6+ in 2018 and thereafter, magni share price crashed to 3.8+!

This is merely to share our opinion on magni! Be informed that final decision to buy or sell is always yours!
11/07/2019 10:39 AM
cyeec2000 I like this posted, this is benchmark undervalued
11/07/2019 10:46 AM
cyeec2000 If this cant worked, probably you need to post 100 reasons
11/07/2019 10:52 AM
kent_1 i will just hold or even add more if it continues to go up! Since my holding price is way lower than their own directors (5+ to 6+) HHAHAHA
11/07/2019 11:01 AM
LongTermInvestment Wonderful up.. Sour apple168 will vanish for a little while.
11/07/2019 12:54 PM
cyeec2000 Yeah, magnitech has reached this price we should thanks her.. She keep on remind us not to sell. Hahaha
11/07/2019 1:17 PM
shareinvestor88 BUY OR SELL ?
11/07/2019 1:34 PM
kent_1 shareinvestor88: For those who know this company's true value will listen to her advice and do the opposite. Buy and hold! :)
11/07/2019 1:38 PM
Carson Teor yes buy and hold, RM8 is coming
11/07/2019 1:47 PM
apple168 Greedy kills... best time to lock profits! Magni share price jumped from 3.8 to 5.10+ (Up 40%)!
11/07/2019 4:42 PM
Carson Teor why we want to let go a good company?
11/07/2019 4:52 PM
EngineeringProfit HUUUUUAAAAT AAAARR
11/07/2019 5:26 PM
11/07/2019 7:30 PM
Whey Whey Haha the more he say bad the more the share go up xD
11/07/2019 10:36 PM
VSLSB apple 168: You can sell if you want. No one's forcing you to keep and hope you can find peace in it.

Carson Teor: Will never happen in the near future. Consolidation around RM5 more likely for a few months.
11/07/2019 11:16 PM
chonghai Actually what some of apple168's point do have some validity such as rising labor cost in Vietnam but the point of buying on NTA is completely off the mark.
12/07/2019 9:40 AM
shareinvestor88 look at BAT NESTLE NTA
12/07/2019 10:03 AM
cyeec2000 Every place has risen labour cost but the point is which countries are considered low cost?
12/07/2019 10:15 AM
cyeec2000 Every country labour costs will be increased every year, which is not particular for vietnam so its not end of the world
12/07/2019 10:18 AM
VSLSB chonghai: That is true. But from what I observed in some of their recent qtrly reports, they managed to bring down operating costs a bit. Plus with new plant up and running 2nd half 2019, savings should be more substantial. Otherwise no point having new plant if there is no improvements to their existing production line.

I am interested to see how Magni's management deal with increasing labour costs.
12/07/2019 11:20 AM
Carson Teor Magni to achieve RM8 is possible, not sure when only
12/07/2019 11:54 AM
VSLSB Carson Teor: Magni before this is "usually" valued at PE7-8 which is where it is now. RM8 is PE12 which i think quite unlikely at this juncture.
12/07/2019 5:39 PM
13/07/2019 3:21 PM
makesomemoneyonly brother.. olympics o.. stupid..hahahahaha.. you think director is as dumb as you all?hah
13/07/2019 3:50 PM
shareinvestor88 u suggest buy or sell ?
13/07/2019 6:13 PM
VSLSB shareinvestor88: Please do some research before deciding to buy or sell. No one here will be responsible for your losses if you blindly follow forumers here.
15/07/2019 12:55 AM
Learner King i think as long as below rm6 all is good buy, but first it must break tru 5.5 resistance first the previous double top
15/07/2019 7:48 PM
trapped Pity those trap by promoters talking sweet.
16/07/2019 12:39 PM
4646 Why drop?
16/07/2019 12:39 PM
trapped USD down why is good?
16/07/2019 12:42 PM


 

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