MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

1.96

Today's Change

+0.01 (0.51%)

Day's Change

1.94 - 1.96

Trading Volume

253,900


7 people like this.

5,123 comment(s). Last comment by Effulgence 1 week ago

Posted by All_in_2021 > 2021-09-24 17:43 | Report Abuse

seems moving up again. And Vietnam Covid cases are slightly lower, probably on track to re-open in Oct

Posted by EatCoconutCanWin > 2021-09-26 08:06 | Report Abuse

Nike share dropped huge, missed estimation

kk t

1 posts

Posted by kk t > 2021-09-30 10:51 | Report Abuse

hold long term wont rugi lah

lim6448

4 posts

Posted by lim6448 > 2021-09-30 19:14 | Report Abuse

Can anyone share some points of today AGM?

Posted by All_in_2021 > 2021-09-30 21:39 | Report Abuse

Important takeaway for me is they had been investing in automation all these while to reduce reliance on labour.

Posted by All_in_2021 > 2021-10-01 09:32 | Report Abuse

any idea is the vietnam factory resumed operation?

Posted by awankign007 > 2021-10-01 11:42 | Report Abuse

Ho Chi Minh City will ease some restrictions from October 1 and restart some production and business activities. Details will be provided as updates are released.

Begineer

460 posts

Posted by Begineer > 2021-10-01 17:05 | Report Abuse

That's good news.

Posted by All_in_2021 > 2021-10-02 14:13 | Report Abuse

RsI shows oversold. Is it time to top up?

Begineer

460 posts

Posted by Begineer > 2021-10-07 22:09 | Report Abuse

Top up a little bit. At this price, dividend yield not too bad

Posted by investortrader88 > 2021-10-21 20:37 | Report Abuse

Top up some tickets from my queue today.good luck guys

KY

15 posts

Posted by KY > 2021-10-22 12:40 | Report Abuse

Yesterday huge volume transaction to wash out and believe something will happen...

Begineer

460 posts

Posted by Begineer > 2021-10-28 13:35 | Report Abuse

Covid situation getting better. Going back to normal soon hopefully

Posted by investortrader88 > 2021-11-09 22:36 | Report Abuse

Today managed to get some tickets at RM 2.09 from my queue.good luck guys.

Begineer

460 posts

Posted by Begineer > 2021-11-10 08:31 | Report Abuse

Yea...... go go go .

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-11-10 08:37 | Report Abuse

Break 2.00 then accumulate !

Begineer

460 posts

Posted by Begineer > 2021-11-17 18:17 | Report Abuse

not sure will it drop further once the Qr report out

Begineer

460 posts

Posted by Begineer > 2021-11-18 12:55 | Report Abuse

Wao... 2.05. Lowest in 52 weeks d

Sneakpeek

2,154 posts

Posted by Sneakpeek > 2021-11-19 10:41 | Report Abuse

It may get lower..my target 1.60

Zackmeiser

279 posts

Posted by Zackmeiser > 2021-11-23 21:08 | Report Abuse

The selling starts.

Posted by valuewood11 > 2021-11-23 23:55 | Report Abuse

can anyone share why it is dropping so much?

Begineer

460 posts

Posted by Begineer > 2021-11-24 10:55 | Report Abuse

Guess is due to the expected poor QR

Posted by CakapSohaiThings > 2021-11-24 11:01 | Report Abuse

@valuewood11 broke support, no catalyst to push it higher.

Personally, I will try to collect at 1.6 and/or 1.5. Else, just buy stocks that will benefit from the upcoming interest rate hike (catalyst).

Posted by awankign007 > 2021-11-24 11:02 | Report Abuse

GG d la this one, Vietnam fac also cant do much

Jason2002

11 posts

Posted by Jason2002 > 2021-11-24 15:39 | Report Abuse

Check Vietnam covid case, then you know why it drop...

Begineer

460 posts

Posted by Begineer > 2021-11-24 21:52 | Report Abuse

The complete vaccination rate is ~50%. It's going to get better

Posted by All_in_2021 > 2021-11-25 17:08 | Report Abuse

i think this quarter's result will not be good. Will have to wait for next year. They also sold a piece of land where the gain will come in next year

leekh5555

530 posts

Posted by leekh5555 > 2021-11-25 18:16 | Report Abuse

labour intensive industries need extra careful for ESG.

Zackmeiser

279 posts

Posted by Zackmeiser > 2021-11-26 15:30 | Report Abuse

Magni partnered with Nike for years (apple term for sports apparel). I dont think ESG would be an issue. Lockdown n poor quarter is probably why. Company is net cash. So just sit tight and topup bit by bit. That said near term sentiments are poor generally. Expect to reach 1.8ish.

Begineer

460 posts

Posted by Begineer > 2021-11-26 17:09 | Report Abuse

Yea... if it go down, top up slowly

Posted by All_in_2021 > 2021-11-29 20:47 | Report Abuse

Yes, this quarter's result will be bad as well...hope for a better one in the future. They have gain on land disposal next year as well

chesslim

856 posts

Posted by chesslim > 2021-12-20 23:01 | Report Abuse

Cash flow history new high, maybe this Q hv special dividen.

Begineer

460 posts

Posted by Begineer > 2021-12-21 18:45 | Report Abuse

when Qr report out?

ccy123

273 posts

Posted by ccy123 > 2021-12-27 09:49 | Report Abuse

Very funny, their packaging company incurred flooding last week but totally no announcement to Bursa

Maxpowar

172 posts

Posted by Maxpowar > 2021-12-27 17:53 | Report Abuse

@ccy123 how you know? Got proof? How badly was it affected? Are you vested in the company?

Posted by All_in_2021 > 2021-12-27 19:15 | Report Abuse

Quarter Result out.. Not as bad as expected.. Hope for better qtr ahead

remus

101 posts

Posted by remus > 2021-12-27 19:39 | Report Abuse

PBT 20.2m included one off gain of 17m from disposal of property.
this QR only 1 month operation, didn't incur losses considered good d.

Posted by ITreeinvestor > 2021-12-28 09:24 | Report Abuse

After adjusting for one-off disposal and foreign exchange
gain amounting to RM17.3m, Magni slipped into a core net loss of RM0.2m.

yfchong

5,172 posts

Posted by yfchong > 2022-01-01 18:54 | Report Abuse

Revisiting. Magni

Zackmeiser

279 posts

Posted by Zackmeiser > 2022-01-04 21:05 | Report Abuse

Acceptable quarter given circumstances

Begineer

460 posts

Posted by Begineer > 2022-01-05 16:08 | Report Abuse

go go go

chesslim

856 posts

Posted by chesslim > 2022-02-16 00:48 | Report Abuse

记住,当别人恐惧时你要贪婪。

KokWeng

8 posts

Posted by KokWeng > 2022-02-16 00:49 | Report Abuse

Back to RM 2, cantik sekali

Begineer

460 posts

Posted by Begineer > 2022-02-17 12:03 | Report Abuse

Yea... go go

Posted by All_in_2021 > 2 months ago | Report Abuse

Qtr result soon...any idea gonna be good?

Zackmeiser

279 posts

Posted by Zackmeiser > 2 months ago | Report Abuse

Eps improved compare to previous quarter. Business slowly improving. Raw cost might erode earnings though. FY22 will be tough.

Post a Comment