3 people like this.

9 comment(s). Last comment by piggybank 2016-01-18 10:52

speakup

25,121 posts

Posted by speakup > 2015-12-28 14:18 | Report Abuse

VT selling. We buy?

tradeview

608 posts

Posted by tradeview > 2015-12-28 14:24 | Report Abuse

VT has been selling since last year. The share price and performance continue to rise. Your call.

Posted by jackyclong > 2015-12-29 01:13 | Report Abuse

my paper gain already over 100%

sky123

8 posts

Posted by sky123 > 2016-01-06 02:51 | Report Abuse

tradeview how about its peers prlexus ?

rosmahmansur

2,870 posts

Posted by rosmahmansur > 2016-01-06 02:54 | Report Abuse

Prolexus is just abt to expand. Valuations wise, Magni is cheaper. Also, Magni had been in Vietnam for > 5 years while Prolexus is just about to step foot there. U judge.

sky123

8 posts

Posted by sky123 > 2016-01-06 19:22 | Report Abuse

Okay thanks rosmah .

Posted by Buyer126 > 2016-01-06 22:22 | Report Abuse

Why magni still intact with the departure of Vincent tan??

tradeview

608 posts

Posted by tradeview > 2016-01-07 21:35 | Report Abuse

I concur with RosmaMansure fully. My exposure is in Magni. Just my preference. Prolexus also is a solid fundamental counter. VT is a tycoon. Buying and selling companies are small part of his business dealings. I dunno the reason why he choose to sell Magni. Regardless, the QR speaks for itself

piggybank

132 posts

Posted by piggybank > 2016-01-18 10:52 | Report Abuse

Watch Magni fly when they report 3rd quarter result in March 2016. Nike reported in the last results in Dec. As of the end of the quarter, worldwide futures orders for NIKE Brand athletic footwear and apparel scheduled for delivery from December 2015 through April 2016 were 15 percent higher than orders reported for the same period last year. Excluding currency changes, futures orders would have increased 20 percent.*

Reading through Nike future orders means Magni already received the orders last year and should be manufacturing for the client.

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