Posted by observatory > 2024-06-25 17:49 | Report Abuse

For Q2, check the AGM minutes and key matters discussed at its website. Under corporate governance.

The company explains “These are prepayments to suppliers which have been settled
after the end of FYR 2023.”

However, when I refer to Note 9, there is a separate item for prepayments. I don’t understand the difference.

Posted by ProfitBaM > 2024-06-25 22:29 | Report Abuse

https://theedgemalaysia.com/node/716783 QR

Posted by Thirai Thiraviam > 2024-06-26 10:37 | Report Abuse

@observatory - thanks for your input. I checked the document you mentioned, and googled for the difference between the two items, and this is what got:

Sundry Receivables
Definition: Small, miscellaneous amounts owed to the company by various parties for different reasons.
Examples: Refunds, small debts, reimbursements, etc.

Prepayments
Definition: Amounts paid in advance for goods or services that the company will receive in the future.
Examples: Advance payments for goods, services, rent, insurance, etc.

Anyway, in the latest Q, the receivables have reduced to RM123.5 mil from RM151.4 mil a year ago. So, this is no longer a concern.

Posted by shawn88 > 2024-06-26 16:41 | Report Abuse

Good qr but price dropping

Posted by ProfitBaM > 2024-06-28 09:44 | Report Abuse

collect more

Posted by MR. BEAN > 2024-06-30 00:18 | Report Abuse

Nike share price drop 20% following disappointing sales forecast. Hold tight.

Posted by snake_eye > 2024-07-03 22:20 | Report Abuse

morubozu..bullish trend coming

Posted by shawn88 > 2024-07-05 18:40 | Report Abuse

Boss keep buying

Posted by bullvestor > 2024-07-31 01:12 | Report Abuse

Do they sell garment materials or garments

Posted by Supernoob > 2024-08-29 22:02 | Report Abuse

Gd result coming....big big dividend pls !!!

Posted by Najib Zamry > 2024-09-03 21:00 | Report Abuse

Solid result …..best of the best

Posted by UnicornP > 2024-09-03 21:35 | Report Abuse

But a bit on the high side.

Posted by Supernoob > 2024-09-03 22:35 | Report Abuse

Oh man...pls pay la more !!! very stingy mgmt..hoarding so much cash!

Posted by KingKKK > 2024-09-04 10:21 | Report Abuse

MAGNI-Tech on the rise, is a Major Breakout Brewing?

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-09-04-story-h468200693-MAGNI_Tech_on_the_rise_is_a_Major_Breakout_Brewing

Posted by UnicornP > 2024-09-04 14:56 | Report Abuse

Speculating @ 2.57

Posted by pang72 > 2024-09-04 16:52 | Report Abuse

5c dividend X 4 =20c at 2.59 yield 7.7%
Highest in bursa leh!!

Posted by pang72 > 2024-09-04 17:06 | Report Abuse

Public bank gives target $3.26!
The excellent QR+5c dividend shall push it to $3.26 by this Friday.

Posted by pang72 > 2024-09-04 17:07 | Report Abuse

Huge cash reserve back for the stock price.
Zero worrying

Posted by UnicornP > 2024-09-04 17:15 | Report Abuse

Good pang is here! 🤗

Posted by pang72 > 2024-09-04 18:28 | Report Abuse

It is too attractive of not coming here

Posted by pang72 > 2024-09-04 18:29 | Report Abuse

I do not want to miss the good stock in Red Sea...

Posted by pang72 > 2024-09-04 18:29 | Report Abuse

Some more supports by public bank 3.26..

Posted by gladiator > 2024-09-04 19:07 | Report Abuse

This is growth stock, double digit growth. Not to miss growth stock.

Posted by gladiator > 2024-09-04 19:12 | Report Abuse

Buy first before Kyy buy.

Posted by speakup > 2024-09-05 07:53 | Report Abuse

Kyy maybe already bought.
once high high then he will write Buy Call in i3
then u follow u die

Posted by pang72 > 2024-09-05 12:53 | Report Abuse

Hihi hi.... $2.51...... 8% dividend
$2.00 10% dividend

Posted by pang72 > 2024-09-05 12:53 | Report Abuse

One stock can beat everyone in i3..

Posted by pang72 > 2024-09-05 15:06 | Report Abuse

$2.54....... Rebound... Wait la...

Posted by pang72 > 2024-09-05 15:07 | Report Abuse

Uncle YY so pro this round bought MAGNI..
This stock is AA stock..
Nothing to critic from cash to earning

Posted by pang72 > 2024-09-05 15:08 | Report Abuse

If can get 10% a year will be wonderful

Posted by pang72 > 2024-09-05 15:08 | Report Abuse

Let's more people selling to me in cheap

Posted by UnicornP > 2024-09-06 11:03 | Report Abuse

<100k desired volume daily

Posted by UnicornP > 2024-09-06 16:03 | Report Abuse

If I assume anything below 500k volume..

Posted by faruqie > 2024-09-09 06:18 | Report Abuse

steady growth

Posted by Supernoob > 2024-09-10 20:00 | Report Abuse

$1bil market cap but cash RM600mil!!! crazy company. Just interest income one year already RM20mil++!!!

Posted by faruqie > 2024-09-11 02:35 | Report Abuse

that’s why we need more dividend

Posted by larrylyb > 2024-09-12 15:58 | Report Abuse

The can easily afford more dividends, but guess management is conservative. Very little info out there about this company and their business.

Posted by UnicornP > 2024-09-13 11:09 | Report Abuse

Magni worth RM3.

Posted by larrylyb > 2024-09-13 18:56 | Report Abuse

Hard to say as business is dependent on one major customer, not sure what is their moat. Also depends on what they do with the cash. If more of it comes out as dividends or share buy back and assuming business goes on as usual, will be worth more.

Posted by Supernoob > 2024-09-13 22:09 | Report Abuse

Don't need to say target price like broker..it's a waste of time. The biz is very simple and it's benefit from trade diversion. Do remember Magni is just one of the many supplier to Nike and it doesn't matter.. they have been doing this for so long.

Posted by Supernoob > 2024-09-13 22:13 | Report Abuse

Best gauge for this kind of business is DDM. Assume it continue to pay 4 cents every quarter (annualise) and discount it by 5% yield. That will be will roughly the price that i will pay to take over the whole co. This co is a turtle co and not suitable for goreng kaki. So dont need to look at here.

Posted by tckhern > 3 weeks ago | Report Abuse

why price up today? any insider info?

Posted by Tanleechoo > 3 weeks ago | Report Abuse

1)special dividend?2) Bonus share ?

Posted by Najib Zamry > 3 weeks ago | Report Abuse

I will not be surprised if they are going to announce dividend of 20 sen per share anytime soon

Posted by onward > 2 weeks ago | Report Abuse

waoooo....special dividend 23 cent. Huat ar

Posted by gladiator > 2 weeks ago | Report Abuse

Wow special dividend 20 sen paid on 27 Dec.

Posted by Najib Zamry > 2 weeks ago | Report Abuse

I have said that in one week ago that Magni is going to announce 20 sen per share and guess what my dream really come true. To very much

Posted by Papayashot > 2 weeks ago | Report Abuse

Hi Najib, why you would have thought that MAGNI is going to announce special dividend a week ago? Any hints?

Posted by Supernoob > 2 weeks ago | Report Abuse

it's an amazing business...cash rich, debt free. Most importantly, you should pay attention to its free cash flow!

Posted by Supernoob > 1 week ago | Report Abuse

Amazing...deposit rates went higher again above 4%. That should enough to anchor the interest income for another year!