Highlights
KLSE: MAGNI (7087)       MAGNI-TECH INDUSTRIES BHD MAIN : Consumer
Last Price Today's Change   Day's Range   Trading Volume
5.15   -0.08 (1.53%)  5.09 - 5.19  45,400
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening - - -
Closing - - -
Price
Issue Price - - -
Par Value 0.000 - -
Units - - -
No of Shares
Public Issue - - -
Offer for Sale - - -
Private Placement - - -
Time Table
Allotment Date - - -
Listing Date - - -
Issuing House - - -
ISIN Code - - -
Prospectus:
-
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  7 people like this.
 
Whey Whey Aiya why Apple no shoot this counter liao?? Because she never shoot Magni is coming down xD
23/07/2019 12:35 AM
VSLSB @Whey Whey: This is why:

Share split and bonus issue

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6242505
01/08/2019 6:07 PM
oxxxyxxx Good move for Magni , tmr sure up !!!
01/08/2019 6:16 PM
Whey Whey Haha @VSLSB

Woohoo shares split and bonus shares!!!
01/08/2019 6:59 PM
bwho a good counter seldom go for share split and bonus issue ,earning will be diluted if they cannot sustain it's earning.look at Public Bank .after share split to 50sen it consolidated back to par.
01/08/2019 7:40 PM
S_ken OMG! No wonder directors kept on buying its own company shares.
01/08/2019 8:10 PM
S_ken @bwho how about penta, topglove, harta? all after bonus issue
01/08/2019 8:13 PM
VSLSB @bwho: That's incorrect way to look at it. Bonus issue and share split is usually means to increase stock liquidity. It should not be viewed as the same as private placement where your holdings get diluted. As long as company continues to make continuous profit growth it should be viewed as a reward to shareholders.
01/08/2019 9:47 PM
Joyce8439 Any risk if buy now?
01/08/2019 10:05 PM
chonghai @bwho Bonus issue or share split does not change the fundamental of the company.
01/08/2019 10:54 PM
Whey Whey @bwho u are so wrong but i guess other sifus already explained why u are wrong so i will not repeat myself xD
01/08/2019 11:10 PM
JayC this counter need liquidity. so this exercise is good for share holders
01/08/2019 11:11 PM
shareinvestor88 Magni buy or sell ?
01/08/2019 11:16 PM
firenarch Plan to buy.. buying at around 4.6 to 4.8 , I think there will be a slight drop tommorow.
01/08/2019 11:27 PM
Whey Whey No chance to drop tomorrow la but it might drop after that if it up too much and the market is continues been bad...
01/08/2019 11:45 PM
firenarch so shareinvestor88, you know what to do now. Look at Whey Whey comment.
01/08/2019 11:52 PM
VSLSB @shareinvestor88: Buy and sell at your own risk.

@Whey Whey: Pointless to predict where it goes tomorrow. If you think worth keeping for long term then go in whatever the price point is. Price is what you pay, value is what you get.
02/08/2019 12:50 AM
Whey Whey @VSLSB I'm only discussing with other friends here that really interested not those troll lol! And plus predictions is fun. Not like the shares will definitely move like what i said xD
Just chill and have some fun while sitting watching magni show tomorrow onwards haha..
02/08/2019 1:28 AM
apple168 Magni profits will drop with US dollar depreciation! Be forewarned!
02/08/2019 2:49 PM
kent_1 wish i have the buying power like the company directors. 100k units at 4.877 at one go.
02/08/2019 5:48 PM
Whey Whey Wooo Apple troll is back!!! Ok la Next week confirm shoot up again! Haha
02/08/2019 9:38 PM
VSLSB apple168: 1USD=RM4.155.
03/08/2019 9:22 AM
apple168 1 Singapore dollar is 3.10 ringgit!
05/08/2019 3:43 PM
apple168 Soon Tun M will peg ringgit! Check mate!
05/08/2019 3:43 PM
apple168 Who will buy expensive Nike clothes in recession? No doubt, China will boycott Nike for sure! Mati magni!
05/08/2019 3:45 PM
VSLSB apple168: Peg the ringgit? With what reserves? As of today, 1USD=RM4.18. Nike was one of the few who openly appealed to President Trump to stop the trade war against China so there will definitely be some sympathy among the Chinese public. With the US imposing tariffs on sports clothing from China, Nike would draw more from Vietnam which benefits Magni! Furthermore the Olympics is coming next year which will be a bonus to them as well.
06/08/2019 12:01 AM
RogerTan901111 just look at Magni’s balance sheet, it is obvious this is an undervalued stock. The market trend/Nike retail is seasonal. Should not be a valuation point of a stock.
06/08/2019 1:00 AM
apple168 China banned all US agricultural products! What next? Nike? Apple? Checkmate!
06/08/2019 8:28 AM
VSLSB apple168: Both Nike and Apple are AGAINST the trade war against China. Since US is taxing sporting goods from China, they would be more inclined to take more from Vietnam!
06/08/2019 2:59 PM
apple168 We hv TRUMP... trade war is ever increasing! This is just the starting of the TRADE WAR show, not climax yet, not ending yet... ENJOY!
06/08/2019 7:21 PM
VSLSB apple168: He can shout whatever he wants because frankly at the end of the day, he either gets the deal with China done or he can kiss his re-election good bye. Anyhow at the mean time, I am appreciating his efforts in strengthening the USD which means better profits for Magni.
07/08/2019 12:45 AM
apple168 I m telling you all unselfishly again! How big is China market? China population? Expecting Next move from China is to ban all US products from selling in China if trade war heating up! With China currency deprecation, Nike and other US products will become more and more expensive in China, in turn hurting the overall sales of Nike and causing inventories to increase!
07/08/2019 7:57 AM
William Ng apple168: if we like nike, we still buy nike even it is more expensive, just like apple phone.
07/08/2019 11:20 PM
cyeec2000 Apple: Buying and selling ppl here i believe can able to make decision better than you.
07/08/2019 11:26 PM
lcng123 Apple: What are you worry about ? kept commenting the same thing? I/we understood what you have commented against Magni a few weeks ago and now left us to decide whether buy or sell. If you worry the risks, then sell your stake on Magni.
08/08/2019 5:08 PM
Whey Whey I don't mind apple keep talk bad magni...because every time he talk Magni shoot up hahaha
10/08/2019 2:12 PM
cyeec2000 She is benchmark of undervalued hahah.
10/08/2019 5:14 PM
apple168 一群汉奸,汪汪叫!
12/08/2019 4:12 PM
apple168 中国之强大,淡黄子孙之光;贸易之战,不可被 無恥之徒(汉奸)给败走!
12/08/2019 4:17 PM
VSLSB apple168: You have just discredited yourself. If you have nothing better to argue against their points, you should refrain from making further comments. There is a saying it is smarter to say nothing, than saying something which is means nothing.

As of right now, USD continues to strengthen against MYR, additional 10% tariffs on remaining imported items from China which will encourage Nike to take from Vietnam, continued sales growth of Nike in China as per latest QR, Nike against trade war with China which will create sympathy for Nike in China, upcoming Olympics which will boost sales even more.

Plus bonus issue and share split as cherry on top.

I pity you let your blind hatred get the best of you. Probably it is better you take your sympathy elsewhere ( like your Hibiscus, Genting, Ajinomoto and all other stocks you recommended). Most of them are reeling from losses since the last time you recommended them. Lucky you are not in China, the CCP prolly will make you disappear for causing unsuspecting traders for losing so much money.
12/08/2019 8:34 PM
lcng123 Apple.. you talking about 汉奸 in the forum.... look like you have nothing to comment anymore. what a pity.... apple !
13/08/2019 3:52 PM
apple168 Protect your capital, hard earn money!
15/08/2019 11:48 AM
VSLSB apple168: Yes we should. From the likes of you.
15/08/2019 7:37 PM
William Ng Today up so many
23/08/2019 11:37 AM
chonghai Ex-date for Bonus issue announced already ?
23/08/2019 7:35 PM
23/08/2019 8:14 PM
William Ng SBB, thats y price increase
24/08/2019 12:43 PM
apple168 https://www.cnbc.com/2019/08/25/trump-on-us-china-trade-war-i-could-declare-a-national-emergency.html
26/08/2019 6:29 AM
apple168 In the midst of escalating trade war, the best strategy is “hit and run”. In other words, once hit 5-10% profit (better than local bank fix deposit), sell and lock profits. Cheers and embrace the trump-ish economy!
26/08/2019 7:58 AM
apple168 https://youtu.be/Bir9ZypFjOg
26/08/2019 8:00 AM


 

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