MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.45

Today's Change

-0.05 (2.00%)

Day's Change

2.45 - 2.50

Trading Volume

188,000


7 people like this.

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

Slash_13

53 posts

Posted by Slash_13 > 2017-06-02 13:15 | Report Abuse

wat should i do now?

ffforever

473 posts

Posted by ffforever > 2017-06-02 13:32 | Report Abuse

Shall we unload prior to QR....

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-02 14:17 | Report Abuse

QR out around 18th, hopefully eairlier.

Posted by shareinvestor88 > 2017-06-02 22:00 | Report Abuse

Yes unload now. I buy more

ffforever

473 posts

Posted by ffforever > 2017-06-02 22:29 | Report Abuse

Haha so high liao still buy? Sure boh

pantor

337 posts

Posted by pantor > 2017-06-03 00:07 | Report Abuse

bonus issue is possible

Posted by everyonecan > 2017-06-03 00:21 | Report Abuse

capable of giving out 1:1 bonus issue

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-03 12:11 | Report Abuse

Bro, the boss already said unless the price is above 8, only they will consider bonus issue.

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-03 12:11 | Report Abuse

So, hope that this QR report is good until the price more than 8 lo.

George NG

64 posts

Posted by George NG > 2017-06-06 14:03 | Report Abuse

Now the parless policy makes bonus and split look no difference

ginvin

206 posts

Posted by ginvin > 2017-06-06 14:31 | Report Abuse

glad to see that the market started to value this counter ^^D

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-06 15:55 | Report Abuse

If QR show growth in Revenue n Profit, maybe should rerate to pe 15. hahaha

fruni

13 posts

Posted by fruni > 2017-06-06 19:51 | Report Abuse

Bonus issue the retained earnings will be capitalized while stock split will not.

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-06 22:19 | Report Abuse

No need bonus issue also can up if there is growth in their business. Look at KESM. So this coming Qr result very important

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-06 22:21 | Report Abuse

Few months ago many expect their sales will drop due to Nike forecast their sales will drop.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-06-06 23:09 | Report Abuse

up up up

chonghai

482 posts

Posted by chonghai > 2017-06-07 07:58 | Report Abuse

The increase in inventory is already a clear sign that sales will increase.
If I recall correctly, NIKE did not forecast for a sales drop but rather a slow down in growth.

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-07 08:02 | Report Abuse

pls check their quarter report and their forecast.

lcng123

1,127 posts

Posted by lcng123 > 2017-06-07 09:30 | Report Abuse

NIKE, INC. REPORTS FISCAL 2017 THIRD QUARTER RESULTS
• Revenues up 5 percent to $8.4 billion; 7 percent growth on a currency-neutral basis*
• Diluted earnings per share up 24 percent to $0.68
• Inventories up 7 percent as of February 28, 2017

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-07 09:48 | Report Abuse

Well, you can find the info at the Nike website
Quarter 3, Q317 Financial schedule

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-07 09:54 | Report Abuse

North America -9% -9%
Western Europe -5% 4%
Central & Eastern Europe -6% -2%
Greater China -2% 3%
Japan -3% 2%
Emerging Markets 12% 14%
Total NIKE Brand Reported Futures -4% -1%
The reported futures orders growth is not necessarily indicative of our expectation of revenue growth during this....

lcng123

1,127 posts

Posted by lcng123 > 2017-06-07 10:15 | Report Abuse

total nike brand apparel Q3 this year 2,269mil vs 2,124mil Q3 last year

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-07 10:30 | Report Abuse

I'm not talking about Q3, the above its their forecast for Q4.
I'll stop here.

ginvin

206 posts

Posted by ginvin > 2017-06-07 11:43 | Report Abuse

Now see $8 n bonus issue is possible already, hahaha

Steven Low

134 posts

Posted by Steven Low > 2017-06-07 11:59 | Report Abuse

Someone is helping us by sell down the price. Thanks. I want to buy more

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2017-06-07 12:52 | Report Abuse

still can buy now? up so much.,....

lsv1977final

1,447 posts

Posted by lsv1977final > 2017-06-07 13:11 | Report Abuse

Still under value

COW666

159 posts

Posted by COW666 > 2017-06-07 13:52 | Report Abuse

padini pe 15, for magni at pe 15 will be 8

RainT

8,448 posts

Posted by RainT > 2017-06-07 21:53 | Report Abuse

Cow666
Don't be funny last

Padini is mfg and sell on their own shop , start from procurement, production to open shop and sell.
Magni is mfg for Nike only , don't open shop to sell and no marketing involved . Get order from Nike and mfg and sell to Nike .

Also Padini market is local based only (mostly) but Magni is produce for Nike and sell worldwide

How to compare both!!!!!

Go study la

If want compare , maybe compare Prlexus and Magni
Not Padini and Magni

lsv1977final

1,447 posts

Posted by lsv1977final > 2017-06-07 22:39 | Report Abuse

Even Prlexus also can't compete with Magni. Magni already have factory in Vietnam that operate few years already.

Prlexus just started

chonghai

482 posts

Posted by chonghai > 2017-06-07 23:23 | Report Abuse

In terms of % growth, PROLEXUS might be stronger than Magni in the next 3-5 years,
PROLEXUS are currently on a very aggressive expansion plan. There is however, more risk in PROLEXUS because going Vietnam is new and going upstream also new.
MAGNI is at a progressive growth stage.

Meng

118 posts

Posted by Meng > 2017-06-08 09:53 | Report Abuse

Honestly, i was choose prolexus over magni in past few years, but then i regret and leave behind prolexus and go to magni. i feel happier with magni now.

lcng123

1,127 posts

Posted by lcng123 > 2017-06-08 10:07 | Report Abuse

magni is stronger in balance sheet and cashflow which prolexus can't compare with

ginvin

206 posts

Posted by ginvin > 2017-06-08 12:00 | Report Abuse

company rely on only 1 major customer, the pe normally will not fetch high due to higher risk, however i hope magni is exception ^^P

cy91

397 posts

Posted by cy91 > 2017-06-08 17:20 | Report Abuse

but now PE 10 already fully valued, unless got surprise in this month QR

tenmil

98 posts

Posted by tenmil > 2017-06-08 18:59 | Report Abuse

Invent in Magni is simple, just keep an eye on Dr Neoh. I jumped in when i noticed he was buying. Didn't see him selling any share. Why worry? In fact, he was recommending it just couple of weeks ago in a coffee shop.

tenmil

98 posts

Posted by tenmil > 2017-06-08 19:13 | Report Abuse

another position that Dr take is PBA. This is definitely my favorite company. The kind that I can just buy and collect dividend forever. Till the day Penang no longer use water

tenmil

98 posts

Posted by tenmil > 2017-06-08 19:16 | Report Abuse

Penang CM is heading the board. i like the idea that I have supported his struggle in a small way.

vzcb1t

86 posts

Posted by vzcb1t > 2017-06-09 13:28 | Report Abuse

Magni最近的涨势惊人,下个礼拜出QR後,其下场会不会和OldTown 一样?

ginvin

206 posts

Posted by ginvin > 2017-06-09 13:31 | Report Abuse

希望不会!

K.H

296 posts

Posted by K.H > 2017-06-09 13:40 | Report Abuse

Depend what price u bought:)

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-09 14:59 | Report Abuse

Depends on the result lo.

tenmil

98 posts

Posted by tenmil > 2017-06-09 17:28 | Report Abuse

Magni inventory turnover is a lot shorter than 90 days. Looking at Q3 inventory level, it is a given than Q4 will show minimum 10% YOY growth. The key here is how much the year end dividend will be increased YOY. I will be greatly disappointed if dividend growth less than 10%

tonynet

12 posts

Posted by tonynet > 2017-06-09 17:36 | Report Abuse

if you guys believe in PEG, it's still cheap based on latest yoy growth rate

Steven Low

134 posts

Posted by Steven Low > 2017-06-14 16:45 | Report Abuse

http://www.theedgemarkets.com/article/gold-edges-higher-fed-meeting-focus

Opportunity to collect more...

VenGeR

27 posts

Posted by VenGeR > 2017-06-17 00:43 | Report Abuse

Nike全球裁员1400人 產品样式减25%
http://www.orientaldaily.com.my/s/200906

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-17 14:41 | Report Abuse

Its a correct strategy for them since net sales is slowing taking over retail sales.

ooihk899

2,058 posts

Posted by ooihk899 > 2017-06-17 14:42 | Report Abuse

Its global trend, most retail sales or supermarket are not doing well. Consumer buy online now.

Jeff Lee

327 posts

Posted by Jeff Lee > 2017-06-19 10:44 | Report Abuse

70,000 workers retrenched 1,400. only 2% only scared. this week magni result sure superb!

Jeff Lee

327 posts

Posted by Jeff Lee > 2017-06-19 10:44 | Report Abuse

it's branded Nike. No cheap skate small company leh.

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