MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.47

Today's Change

-0.03 (1.20%)

Day's Change

2.44 - 2.48

Trading Volume

209,600


7 people like this.

5,246 comment(s). Last comment by Supernoob 1 week ago

Huat 888

330 posts

Posted by Huat 888 > 2021-04-29 08:45 | Report Abuse

collect

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-04-29 08:51 |

Post removed.Why?

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2021-05-02 12:01 | Report Abuse

At this difficult time, better play safe with this dividend stock.

rojakmee

1,210 posts

Posted by rojakmee > 2021-05-21 09:44 | Report Abuse

Next QTR results should be good , more than 10 cents

rojakmee

1,210 posts

Posted by rojakmee > 2021-05-21 09:51 | Report Abuse

TP RM 3.2

Posted by legend0105 > 2021-05-25 12:02 | Report Abuse

With rising commodity prices (Cotton up by 6%, paper/lumber up 64%), how do you guys reckon these will affect magnitech results in the coming quarters? Any info on if they do hedging?

Booyeah

365 posts

Posted by Booyeah > 2021-05-31 23:56 |

Post removed.Why?

Begineer

482 posts

Posted by Begineer > 2021-06-09 18:37 | Report Abuse

interesting

Huat 888

330 posts

Posted by Huat 888 > 2021-06-11 22:46 | Report Abuse

Once breaks 2.45..next 2.66

rojakmee

1,210 posts

Posted by rojakmee > 2021-06-14 19:58 | Report Abuse

Vietnam's garment export up 15 pct in 5 months - Xinhua | English.news.cn
http://www.xinhuanet.com/english/asiapacific/2021-06/03/c_139986608.htm

Begineer

482 posts

Posted by Begineer > 2021-06-15 19:36 | Report Abuse

Nice ....

rojakmee

1,210 posts

Posted by rojakmee > 2021-06-17 11:22 | Report Abuse

selling land & building in penang, money for expansion in Vietnam I think .... TP 3.5 just hold

kens88

698 posts

Posted by kens88 > 2021-06-17 11:32 | Report Abuse

simply say

Begineer

482 posts

Posted by Begineer > 2021-06-17 19:27 | Report Abuse

Maybe higher dividend ?

Cakes Moon

6,930 posts

Posted by Cakes Moon > 2021-06-20 10:12 | Report Abuse

Result out next week, gap up!!!

rojakmee

1,210 posts

Posted by rojakmee > 2021-06-20 21:08 | Report Abuse

Why need to sell when they are already cash rich with 350m in the bank , this is surely for business expansion in Vietnam , TP RM3.5

kens88

698 posts

Posted by kens88 > 2021-06-23 19:46 | Report Abuse

what are the odds nike drop magni as supplier? since malaysia always got forced labour issue?

Posted by petnch2020 > 2021-06-23 22:04 | Report Abuse

kens88,

Magni main operation is actually in Vietnam. They have 10 factories located mostly in Ho Chi Minh area with a total combined of 13,600 line workers. Most of the workers in Vietnam are locals. The 2 factories in Penang are relatively small compared to those in Vietnam.

So i don't think they have issues with forced labour.

Posted by wallstreetrookie > 2021-06-23 22:11 | Report Abuse

Pretty decent still in these trying times. However, still neutral on Magni

Begineer

482 posts

Posted by Begineer > 2021-06-24 14:13 | Report Abuse

Hold for long term. Dividend yield not bad

Begineer

482 posts

Posted by Begineer > 2021-06-24 19:03 | Report Abuse

Is anyone aware of the plan for JV in indonesia?
https://klse.i3investor.com/servlets/ptres/60046.jsp

Posted by Najib Zamry > 2021-06-24 19:39 | Report Abuse

Good company tO invest

bagankia

126 posts

Posted by bagankia > 2021-06-25 14:01 | Report Abuse

Not bad, attractive dividends.

New994

367 posts

Posted by New994 > 2021-06-25 14:39 | Report Abuse

Look st Nike qr yesterday, there are more rooms to grow for this magni to grow

Begineer

482 posts

Posted by Begineer > 2021-06-25 18:36 | Report Abuse

Nice !!

milosh

377 posts

Posted by milosh > 2021-06-28 10:27 | Report Abuse

undervalued, read here: https://miloshtrading.blogspot.com/2021/06/magni-tech-nike-proxy.html

Posted by Najib Zamry > 2021-06-28 20:42 | Report Abuse

Magni is a must have in one portfolios due to strong fundamentals, solid management and huge cash in hand.

William Ng

893 posts

Posted by William Ng > 2021-06-29 01:19 | Report Abuse

all in ^^

Foker

1,406 posts

Posted by Foker > 2021-06-29 02:04 | Report Abuse

Lol, if Nike Dai Lou not happy kick Magni from gang, next minute become bankrupt

Foker

1,406 posts

Posted by Foker > 2021-06-29 02:05 |

Post removed.Why?

New994

367 posts

Posted by New994 > 2021-06-29 16:40 | Report Abuse

This is the question shareholders have been asking magni for decade. "what if Nike choose not to give magni order" yet we see magni have been growing and growing. Think before u invest in any stock. :)

apple168

6,236 posts

Posted by apple168 > 2021-07-14 07:02 | Report Abuse

https://youtu.be/nsgt1KtKmpQ

KPH5328

114 posts

Posted by KPH5328 > 2021-07-14 07:55 | Report Abuse

https://www.voanews.com/covid-19-pandemic/vietnam-announces-lockdown-vaccination-goals
two-week lockdown on movement in Ho Chi Minh City
Any impact to Magni?

Posted by petnch2020 > 2021-07-14 10:41 | Report Abuse

From my understanding, factories can still operate but with strict SOP. Its not total lockdown like the one we are facing in Selangor. The recent movement control will last 15 days from 9 July to 24 July.

Most of the factories in Ho Chi Minh are still in operation during the MCO but with lower capacity.

Those that are forced to close are factories that have direct covid cases but government will allow them to reopen once they set up covid prevention and containment measures.

apple168

6,236 posts

Posted by apple168 > 2021-07-14 11:24 | Report Abuse

Ppl all run away from factories! Guess the invisible operating the factories now…

apple168

6,236 posts

Posted by apple168 > 2021-07-14 11:25 |

Post removed.Why?

Begineer

482 posts

Posted by Begineer > 2021-07-14 12:47 | Report Abuse

it won't be as bad la. Somemore it is a net cash company.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-14 12:47 |

Post removed.Why?

apple168

6,236 posts

Posted by apple168 > 2021-07-16 19:27 | Report Abuse

https://youtu.be/xdsbYGiGhH4

apple168

6,236 posts

Posted by apple168 > 2021-07-22 21:57 | Report Abuse

Magni 暂关越南厂房防疫

https://www.enanyang.my/node/418580

Posted by CrawlingGreyAstro > 2021-08-02 01:14 | Report Abuse

Good luck!

scholez18

87 posts

Posted by scholez18 > 2021-08-12 12:14 | Report Abuse

Taking recent 2020 net profit at 118 mil, at PE 8x, we'd get price per share price of 2.17 - very close to current price now. Adding a huge net cash 334 mil, (per share of 0.77), MAGNI's price should be 2.17 + 0.77 = 2.94 at minimum.

If you assume PE 10x, it would be even higher.

Assuming MAGNI, continues to distribute 35% of profits for dividend, that's 4% dividend yield on current price of 2.20.

Without even counting growth in the next 2-3 years (note that MAGNI has grown its earnings by 22% CAGR past 10 years and 8% pa past 5 years), assuming MAGNI takes 3 years to reach 2.94 price, holding MAGNI at 2.20 today would give you return of 14.5% return per annum, inclusive of the 4% dividend yield each year.

This is real investing at works.

k6ii

1,873 posts

Posted by k6ii > 2021-08-24 12:22 | Report Abuse

Magni ini counter,,how ? keep drop..

Posted by akuantiguru > 2021-08-24 13:03 | Report Abuse

Vietnam extend lockdown until September, GG liao

Posted by akuantiguru > 2021-08-24 15:30 | Report Abuse

Be prepare to drop 50% revenue next QR

Posted by vcpmaster123 > 2021-08-26 07:08 | Report Abuse

dont be silly guys....the covid 19 situations in vietnam is already priced in to magni share price now....if vietnam situation is good, magni would already marched into 2.80 to 3.00....now is the time to buy not sell...accumulate slowly.

Posted by investortrader88 > 2021-08-30 16:30 | Report Abuse

Finally my queue buy matched at RM 2.21.good luck guys !

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