Posted by investortrader88 > 2021-08-30 22:47 | Report Abuse

Top 25 shareholders own 78.92% of Magni-Tech Industries Berhad


Poay Tan
23.99%

Kp Holdings Sdn. Bhd.
13.1%

Kok Tan
10.41%

Siyasi Sdn. Bhd.
6.65%

FMR LLC
4.52%

Eastspring Investments (Singapore) Limited
3.24%

Yuit Eow Lee
3.12%

Public Mutual Berhad
3.05%

Poay Tan
1.94%

Employees Provident Fund of Malaysia
1.42%

Ai Ling Tan
1.02%

Cheok H'ng
0.8%

Bank Negara Malaysia National Trust Fund
0.78%

Bank Julius Bär & Co Ltd., Asset Management Arm
0.69%

Norges Bank Investment Management
0.61%

Ee Ling Tan
0.46%

South Island Holdings Sdn. Bhd.
0.45%

Man Hong Wong
0.43%

BNY Mellon Asset Management
0.38%

Dimensional Fund Advisors L.P.
0.38%

Chuen Chang
0.37%

Lim Chuan
0.33%

South Island Development Company Sdn. Berhad
0.32%

Kok Aun Tan
0.3%

Hong Leong Asset Management Bhd
0.16%

Posted by apple168 > 2021-09-05 21:13 | Report Abuse

https://technews.tw/2021/08/30/vietnam-lockdown-impact-cloth-and-coffee-industry/

Posted by Dakewlest > 2021-09-15 07:40 | Report Abuse

No dividend for Q1…

Posted by chesslim > 2021-09-15 16:38 | Report Abuse

what happen ? why no dividend, want to give 1 time capital repayment RM 0.50 ?

Posted by Begineer > 2021-09-15 18:22 | Report Abuse

due to uncertainty in vietnam.

Posted by ykloh > 2021-09-15 19:25 | Report Abuse

Magni is not alone. All counters with manufacturing plants in Vietnam will be negatively impacted by lock down due to covid 19, such as HL Ind, Latitute which have yet to report for June 30.

Posted by Begineer > 2021-09-15 22:11 | Report Abuse

ya, i agree. Not a bad result considering the lockdown was started in Jun. 1.5 months

Posted by All_in_2021 > 2021-09-17 13:01 | Report Abuse

Probably need to bear with this price or slightly lower until next qtr. Hope that Vietnam operation re-open soon

Posted by SongYau9 > 2021-09-17 15:28 | Report Abuse

70% income from Vietnam. Nx QR gonna tsunami

Posted by All_in_2021 > 2021-09-17 15:31 | Report Abuse

anyone going to top up?

Posted by SongYau9 > 2021-09-17 15:32 | Report Abuse

Nx qr u can buy below 2

Posted by chesslim > 2021-09-17 16:06 | Report Abuse

Who want to ask Tan boss why this Q no give dividen ? who attend the General Meeting.

Posted by chesslim > 2021-09-17 16:12 | Report Abuse

Magni net cash balance is history new high, why no give dividen ??

Posted by All_in_2021 > 2021-09-17 16:14 | Report Abuse

can expect standard answer ..hopefully go through this cycle with them and we will be rewarded

Posted by Begineer > 2021-09-17 18:02 | Report Abuse

I saw news lockdown extended. Not looking good for next Q. A good opportunity to top up?

Posted by SandCoffee > 2021-09-17 21:21 | Report Abuse

@Begineer - If the next Quarter is expected to be bad then why bother to top up now? I thought buy after next Quarter would be better? Please advise. Thanks.

Posted by All_in_2021 > 2021-09-18 08:10 | Report Abuse

share price will reflect partly by expectation. The price will drop now in anticipation of further lock down which impact next quarter. Same case for Genting, still making huge losses but people has high hopes then when it re-opens, the result will be good. Thus, the price would have move up now

Posted by Begineer > 2021-09-18 08:24 | Report Abuse

Sandcoffee, I plan to hold it for the long term so if the fundamental of the company is good and the price is within my acceptable range I wouldn't mind topping up. Lockdown is just a short-term issue. The price may have already been priced in the expected bad quarter. Once V. Government announces ease of restriction or Magni makes an announcement they manage to apply for a permit to resume operation, it may move back to where it was. Just my opinion.

Posted by All_in_2021 > 2021-09-18 09:55 | Report Abuse

Ask the management what's their plan during the upcoming AGM. I read news that retailers are re-considering Vietnam as the suitable place for manufacturing. Probably should diversify to different location to spread the risk.

Posted by SandCoffee > 2021-09-18 10:19 | Report Abuse

@ Begineer - Yea Magni is good for long term. Hope the restriction will be lifted soon and good luck to you all.

Posted by Bgt 9963 > 2021-09-18 10:42 | Report Abuse

Hold for long term...

Posted by trexol > 2021-09-24 17:28 | Report Abuse

wise to buy in 2.1 ?

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

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

hold long term wont rugi lah

Posted by leekh5555 > 2021-09-30 17:46 | Report Abuse

https://markets.businessinsider.com/commodities/cotton-price

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 11:41 | Report Abuse

Officials will ease COVID-19 restrictions in Ho Chi Minh City from Oct. 1. Under the new measures, residents who have received at least one COVID-19 vaccine dose within 14 days or recovered from COVID-19 within six months can leave their homes and be outside. Authorities will lift inner-city checkpoints but will continue to deploy security personnel to patrol the city. Entry and exit controls in Ho Chi Minh remain in place; travelers must submit a request to the Transport Department to enter. Most businesses like malls, food establishments for takeaways, financial and legal institutions, hospitality facilities, and offices may reopen, among others. Ho Chi Minh's construction projects, and production facilities in industrial parks, export processing zones, and high tech parks in 21 districts, as well as Thu Duc City and Quang Trung Software Park, may also resume operations. Exhibitions, business meetings, and conferences may take place, though indoor activities are limited to at most 10 people and up to 70 people if all participants fully vaccinated. Religious, cultural, and sporting events are subject to the same restrictions. At most 15 people may attend outdoor activities, while 100 people can participate if fully vaccinated. Residents can engage in sports activities with up to 100 people if all participants are fully vaccinated. Weddings and funerals may take place with up to 20 attendees. Places of worship may also reopen. Public transport can operate at 50 percent capacity. Goods transportation between Ho Chi Minh and other localities can continue to operate. However, recreational establishments like bars, spas, massages and cinemas remain suspended, among others.

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.

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?

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

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

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

Posted by Bizfuneng > 2021-10-22 15:34 | Report Abuse

Too huge sale volume. Is still on down trend. Lower lows.

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.

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

Yea...... go go go .

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

Break 2.00 then accumulate !

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

not sure will it drop further once the Qr report out

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

Wao... 2.05. Lowest in 52 weeks d

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

It may get lower..my target 1.60

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?

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

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

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