MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.18

Today's Change

+0.01 (0.46%)

Day's Change

2.15 - 2.19

Trading Volume

180,600


7 people like this.

5,188 comment(s). Last comment by Learner68 3 weeks ago

cbkia4896

872 posts

Posted by cbkia4896 > 2023-03-01 16:16 | Report Abuse

gg bad qr?

cbkia4896

872 posts

Posted by cbkia4896 > 2023-03-08 17:52 | Report Abuse

Oh qr not bad

speakup

24,995 posts

Posted by speakup > 2023-03-08 20:02 | Report Abuse

Not bad? It's not good lah

cbkia4896

872 posts

Posted by cbkia4896 > 2023-03-08 21:57 | Report Abuse

not bad not good, at least not bloody can already

Posted by pinnaclegrade > 2023-03-08 22:35 | Report Abuse

let's see tomorrow

cbkia4896

872 posts

Posted by cbkia4896 > 2023-03-08 23:23 | Report Abuse

Go agm ask boss... The 400-500 million any plans

cbkia4896

872 posts

Posted by cbkia4896 > 2023-03-09 13:08 | Report Abuse

Wehhh no one buang keee

Posted by pinnaclegrade > 2023-03-10 16:13 | Report Abuse

want to buy.. but low liquidity .. = =

dlhoh

26 posts

Posted by dlhoh > 2023-04-25 09:12 | Report Abuse

SMA-10 had crossed SMA-50 and is heading towards SMA-200. IV at RM2.50.

dlhoh

26 posts

Posted by dlhoh > 2023-06-09 09:22 | Report Abuse

Sma 50 crossed SMA 200

katara

173 posts

Posted by katara > 2023-09-12 16:07 | Report Abuse

buy ..

teknikal

171 posts

Posted by teknikal > 2023-09-14 10:51 | Report Abuse

The stock rose and broke the psychological barrier of RM2.00 with a white bullish candle. Prices are firmly above all 20-day, 50-day and 200-day Moving Average (MA) with higher trading volume. The positive move is supported by Quarter 1 FY 2024 earnings announcement on 11-Sep with Q1 earnings +27% QoQ and 36% YoY. We anticipate further gains due to positive technical breakouts and improved fundamentals.

Both the MACD and RSI have continued to rise, suggesting an increase in buying momentum.

The strategy is to long Magni with a stop-loss set at RM1.92 (a tick above 20-day MA). This breakout could drive prices upward, targeting historical resistance levels at RM2.37 and RM2.50.

speakup

24,995 posts

Posted by speakup > 2023-09-21 07:51 | Report Abuse

good QR results

UnicornP

2,748 posts

Posted by UnicornP > 2023-10-19 11:50 | Report Abuse

Bought a little @ 1.92

haziqaz

162 posts

Posted by haziqaz > 2023-10-20 05:12 | Report Abuse

Ketua Menteri Pulau Pinang Kon Yeow saman Tan Sri Tan Kok Ping, SPRM digesa buka semula kes taikun judi ini

https://thecorporate-secret.com/blog/2023/10/20/ketua-menteri-pulau-pinang-kon-yeow-saman-tan-sri-tan-kok-ping-sprm-digesa-buka-semula-kes-taikun-judi-ini/

Tiada siapa boleh lari dari taikun judi Tan Sri Tan Kok Ping yang menguasai PCCC. Kok Ping sentiasa menganggap dia lebih berkuasa dari Ketua Menteri. Dulu mana-mana tanah pun Kok Ping beli bawah harga pasaran bersama anaknya Tan Poay Seng. Pernah disiasat SPRM terlibat sindiket judi haram, elak cukai, operasi kelab malam, rasuah penguatkuasa dan banyak lagi…Tapi kini Chow Kon Yeow lawan Tan Kok Ping…

teknikal

171 posts

Posted by teknikal > 2023-10-25 10:17 | Report Abuse

The stock rose above all 20-day, 50-day and 200-day Moving Average (MA) with higher trading volume. The positive move is supported by Quarter 1 FY 2024 earnings announcement on 11-Sep with Q1 earnings +27% QoQ and 36% YoY. This is a sign of further gains due to positive technical breakouts and improved fundamentals.

Both the MACD and RSI are rising, suggesting an increase in buying momentum.

The strategy is to long Magni. This breakout could drive prices upward, targeting historical resistance levels at RM2.10 and RM2.18.

KingKKK

342 posts

Posted by KingKKK > 2023-10-25 13:46 | Report Abuse

This company pays dividend every quarter:

11-Sep-2023 25-Sep-2023 DIVIDEND Interim Dividend RM 0.0280
26-Jun-2023 10-Jul-2023 DIVIDEND Fourth Interim Dividend RM 0.0250
08-Mar-2023 24-Mar-2023 DIVIDEND Third Interim Dividend RM 0.0200
12-Dec-2022 27-Dec-2022 DIVIDEND Second Interim Dividend RM 0.0230
12-Sep-2022 27-Sep-2022 DIVIDEND Interim Dividend RM 0.0220

teknikal

171 posts

Posted by teknikal > 2023-10-26 08:39 | Report Abuse

Uptrend intact with price above MA20, MA50 and MA200

KingKKK

342 posts

Posted by KingKKK > 2023-10-26 12:21 | Report Abuse

Directors and owner keep on buying :


Name Details of Changes
Date Type No. of Shares Price
MR TAN POAY SENG 04-Oct-2023 Acquired 80,000 1.949
MR TAN POAY SENG 22-Sep-2023 Acquired 189,300 2.008
MR TAN POAY SENG 21-Sep-2023 Acquired 52,000 1.984
TAN SRI DATO' SERI TAN KOK PING 19-Sep-2023 Acquired 80,000 2.010
MR TAN POAY SENG 11-Sep-2023 Acquired 92,200 1.920
MR TAN POAY SENG 08-Sep-2023 Acquired 78,500 1.905
MR TAN POAY SENG 07-Sep-2023 Acquired 55,000 1.914
MR TAN POAY SENG 05-Sep-2023 Acquired 34,900 1.919
MR TAN POAY SENG 04-Sep-2023 Acquired 56,100 1.910
MR TAN POAY SENG 30-Aug-2023 Acquired 182,000 1.900
MR TAN POAY SENG 28-Aug-2023 Acquired 109,000 1.920

teknikal

171 posts

Posted by teknikal > 2023-11-01 09:21 | Report Abuse

Uptrend intact with price above MA20, MA50 and MA200

Tanleechoo

335 posts

Posted by Tanleechoo > 2023-12-01 21:50 | Report Abuse

This coming Qtr result should be great ??

Tanleechoo

335 posts

Posted by Tanleechoo > 2023-12-06 09:43 | Report Abuse

😅Qtr result down

2Invest

96 posts

Posted by 2Invest > 2023-12-27 09:47 | Report Abuse

It is a good company but luck is not on their side. Market is not good.

Although since 2017/7/21 Tan family has spent about 80M in buy back the company shares.

https://news.seehua.com/post/1087806

Just be careful

Tanleechoo

335 posts

Posted by Tanleechoo > 2023-12-27 11:00 | Report Abuse

Tqsm for sharing ..don’t have own branding n depend on orders Fr overseas …

icst1975

158 posts

Posted by icst1975 > 2023-12-29 10:11 | Report Abuse

2 Inv and Tan L C
Magni tech has 2 main business segments, Garment and Packaging. In the garment segment, Magnitech is the long term mid and up market garment & apparel maker for world famous brand names including Nike. I think business volumes are related to world market demand for the mid to upper market brand name apparels. Magni tech is not making low end clothing wears.

icst1975

158 posts

Posted by icst1975 > 2023-12-29 10:29 | Report Abuse

NTA per share is about RM1.95. Company has a net cash of about RM450 million which is about RM1.1 per share.

Tanleechoo

335 posts

Posted by Tanleechoo > 2023-12-29 16:06 | Report Abuse

Tqsm . Is it single customer Nike only? NTA can be a value trap .. Net cash is good provided they can use to expand the business..

remus

110 posts

Posted by remus > 2 months ago | Report Abuse

Tan family non-stop buying, going to privatise the company?

Tanleechoo

335 posts

Posted by Tanleechoo > 1 month ago | Report Abuse

Look like moving North..?

Tanleechoo

335 posts

Posted by Tanleechoo > 1 month ago | Report Abuse

Qtr result coming …hope good dividend paid out

million76

12 posts

Posted by million76 > 1 month ago | Report Abuse

maybe take over coming soon?

Posted by Najib Zamry > 1 month ago | Report Abuse

Diam Diam mari. Magni is sitting at RM477 million net cash. The catalyst will be coming Paris Olympic.

Tanleechoo

335 posts

Posted by Tanleechoo > 1 month ago | Report Abuse

Coming qtr may b good as the MD Tan keep buy back …hope give good dividend to shareholders

Posted by EngineeringProfit > 1 month ago | Report Abuse

Magni is my favourite. Parking over 1 mil here.

Tanleechoo

335 posts

Posted by Tanleechoo > 1 month ago | Report Abuse

👏wah !
Hoe say lio😎ini kali ..any good news this qtr

On

Tanleechoo

335 posts

Posted by Tanleechoo > 1 month ago | Report Abuse

Qtr result delay .?

Posted by XinXin Chan > 1 month ago | Report Abuse

Qtr result delay...not a good sign

Posted by XinXin Chan > 1 month ago | Report Abuse

Wow! Good results~

Posted by Najib Zamry > 1 month ago | Report Abuse

Wow super duper result

katara

173 posts

Posted by katara > 1 month ago | Report Abuse

fly 2moro..

Posted by bargainhunters > 1 month ago | Report Abuse

collect more

Posted by EngineeringProfit > 1 month ago | Report Abuse

Magni is my favourite. Parking 1 mil here- no fears

Kensington

154 posts

Posted by Kensington > 1 month ago | Report Abuse

A bullish gap up in the candle formation touching a high of 2.22. A resounding YES from investors!

Posted by EngineeringProfit > 1 month ago | Report Abuse

Wow..... HUUUUAAAAT. AAAAARR

Din see it coming😀

Tanleechoo

335 posts

Posted by Tanleechoo > 1 month ago | Report Abuse

At last .. see the light 💡

Posted by Najib Zamry > 1 month ago | Report Abuse

Buy share when no one has noticed and when it is undervalued. What stock next ?

speakup

24,995 posts

Posted by speakup > 1 month ago | Report Abuse

Ekovest next
tak percaya?

katara

173 posts

Posted by katara > 4 weeks ago | Report Abuse

2moro t3

Tanleechoo

335 posts

Posted by Tanleechoo > 3 weeks ago | Report Abuse

2morow any chance break 2.30??

Learner68

12 posts

Posted by Learner68 > 3 weeks ago | Report Abuse

Solid company, from many financial indicators perspective and with relatively high dividend payout too.

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