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

chesslim

892 posts

Posted by chesslim > 2017-09-15 16:01 | Report Abuse

记住,在别人恐惧时要贪婪 !

cyeec2000

994 posts

Posted by cyeec2000 > 2017-09-15 16:06 | Report Abuse

Hopefully it would be dropped more I wanna to accumulate.

CityHuntEr

626 posts

Posted by CityHuntEr > 2017-09-15 16:09 | Report Abuse

记住,在蹦盘时要上厕点灯 !

herry168

345 posts

Posted by herry168 > 2017-09-15 16:11 | Report Abuse

gd offer..not bad..

herry168

345 posts

Posted by herry168 > 2017-09-15 16:14 | Report Abuse

PE Dropped, means EY increased..fundamental strong ..not too bad..

richboy

188 posts

Posted by richboy > 2017-09-15 16:15 | Report Abuse

SAPU!!!!!!!! Bought at 6.11-6.12!! :):):)

herry168

345 posts

Posted by herry168 > 2017-09-15 16:17 | Report Abuse

gd ..huat together la

pharker

1,092 posts

Posted by pharker > 2017-09-15 16:18 | Report Abuse

Lock in profit, gone for now

Lesser money in pocket is always better than higher profit on paper - my philosophy

Nevermind it it goes up higher later..got decent profit and thats good for me. Bursa is always gonna be there

Now scanning for other good counters to reinvest, any good counters to recommend ? thanks

cynachen

134 posts

Posted by cynachen > 2017-09-15 16:20 | Report Abuse

aiyah missed it at 6.10!

shpg22

2,984 posts

Posted by shpg22 > 2017-09-15 16:21 | Report Abuse

Haha...cheap sale. Thank you

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-09-15 16:23 | Report Abuse

alex say anything below RM6 tutup mata sapu. dun let 3iii collect =D

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-09-15 16:24 | Report Abuse

@pharker

what type of investment u like? =)

JN88

11,670 posts

Posted by JN88 > 2017-09-15 16:25 | Report Abuse

Profit drop 19%, stock price drop 16%.... Not bad....Director fool you.

JN88

11,670 posts

Posted by JN88 > 2017-09-15 16:26 | Report Abuse

Later Director sapu all, such small shares in market.

Posted by BULL10BEAR10 > 2017-09-15 16:28 | Report Abuse

good job from the directors

pharker

1,092 posts

Posted by pharker > 2017-09-15 16:32 | Report Abuse

@alexfoo

6 to 12 month horizon

potential 8% return or higher

medium risk

michaelwong

3,072 posts

Posted by michaelwong > 2017-09-15 16:36 | Report Abuse

It takes a single day to bash down the price to loose more than a dollar but it takes months and years sometimes to earn a dollar. Stock are much more inclined to bad sentiments and overreacted by bad news. Speechless !

pharker

1,092 posts

Posted by pharker > 2017-09-15 16:39 | Report Abuse

Guys..dun get me wrong..Magni is a good stock...in fact i profited from it

I sell coz need some money to go for vacation and also look for other opportunities and i am not a long term investor..only a medium term player

if u hv staying power, worth holding

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-09-15 16:40 | Report Abuse

@pharker

ambank =)

michaelwong

3,072 posts

Posted by michaelwong > 2017-09-15 16:45 | Report Abuse

Director controlling too much percentage of the stock holding are subjected to price movement..
sell ahead of time and collect back at damn cheap price..... double whammy...... laughing to the bank and small investors are lurking in the dark.......wtf man. !!!!

michaelwong

3,072 posts

Posted by michaelwong > 2017-09-15 16:51 | Report Abuse

Keep holding to evade opportunity for the directors to collect more and what happened when 2morrow another 10% drop....... another big laugh for the directors. .. ..

FLINV

217 posts

Posted by FLINV > 2017-09-15 16:52 | Report Abuse

In a bit today, hope i did a correct action.

ooihk899

2,058 posts

Posted by ooihk899 > 2017-09-15 16:53 | Report Abuse

Same case as HRC ma, must wait for some time for it to stabilize.

cynachen

134 posts

Posted by cynachen > 2017-09-15 16:55 | Report Abuse

masuk sikit, see how la after cuti, another rm1 drop then masuk sikit lagi, =/

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-15 17:19 | Report Abuse

wow so terrible drop today. I feel this stock is over reacted, it is not making massive losses or very drop in net profit. It is just a forex losses. Other things are still positive though.

4444

1,800 posts

Posted by 4444 > 2017-09-15 17:23 | Report Abuse

Dividend=10.5 sen buy at RM 4?

Posted by Stefan Lam > Sep 15, 2017 02:14 PM | Report Abuse
dividen 0.035+0.03+0.04

Luke91
18 posts
Posted by Luke91 > Sep 15, 2017 02:33 PM | Report Abuse

when to buy?

3iii

13,340 posts

Posted by 3iii > 2017-09-15 17:45 | Report Abuse

(RM,000)
Qtr No … Quarter … Revenue … PBT … PAT … PBT marg … PAT marg
1 … 31-Jul-17 … 293,713 … 25,695 … 19,587 … 8.7% … 6.7%
4 … 30-Apr-17 … 299,645 … 45,603 … 38,497 … 15.2% … 12.8%
3 … 31-Jan-17 … 289,123 … 40,124 … 29,554 … 13.9% … 10.2%
2 … 31-Oct-16 … 279,792 … 37,559 … 28,520 … 13.4% … 10.2%
1 … 31-Jul-16 … 271,392 … 30,980 … 23,529 … 11.4% … 8.7%
4 … 30-Apr-16 … 193,986 … 23,965 … 18,844 … 12.4% … 9.7%
3 … 31-Jan-16 … 268,921 … 34,151 … 26,066 … 12.7% … 9.7%
2 … 31-Oct-15 … 197,342 … 28,675 … 21,631 … 14.5% … 11.0%
1 … 31-Jul-15 … 193,818 … 20,482 … 15,573 … 10.6% … 8.0%
4 … 30-Apr-15 … 176,728 … 22,045 … 16,535 … 12.5% … 9.4%
3 … 31-Jan-15 … 200,376 … 23,090 … 17,492 … 11.5% … 8.7%
2 … 31-Oct-14 … 162,036 … 10,822 … 8,002 … 6.7% … 4.9%
1 … 31-Jul-14 … 177,240 … 13,449 … 10,084 … 7.6% … 5.7%
4 … 30-Apr-14 … 162,440 … 10,705 … 8,492 … 6.6% … 5.2%
3 … 31-Jan-14 … 187,072 … 19,860 … 14,842 … 10.6% … 7.9%
2 … 31-Oct-13 … 150,765 … 12,653 … 9,477 … 8.4% … 6.3%
1 … 31-Jul-13 … 150,995 … 12,194 … 9,139 … 8.1% … 6.1%
4 … 30-Apr-13 … 136,687 … 9,938 … 7,256 … 7.3% … 5.3%
3 … 31-Jan-13 … 162,193 … 13,165 … 9,858 … 8.1% … 6.1%
2 … 31-Oct-12 … 135,129 … 13,728 … 10,276 … 10.2% … 7.6%
1 … 31-Jul-12 … 131,808 … 11,180 … 8,381 … 8.5% … 6.4%
4 … 30-Apr-12 … 117,580 … 8,647 … 6,457 … 7.4% … 5.5%
3 … 31-Jan-12 … 133,923 … 10,500 … 7,929 … 7.8% … 5.9%
2 … 31-Oct-11 … 140,906 … 11,862 … 8,848 … 8.4% … 6.3%
1 … 31-Jul-11 … 141,714 … 9,865 … 7,404 … 7.0% … 5.2%
4 … 30-Apr-11 … 96,342 … 2,476 … 1,662 … 2.6% … 1.7%
3 … 31-Jan-11 … 115,692 … 5,954 … 4,495 … 5.1% … 3.9%
2 … 31-Oct-10 … 115,336 … 7,953 … 5,947 … 6.9% … 5.2%
1 … 31-Jul-10 … 116,287 … 6,876 … 5,154 … 5.9% … 4.4%
4 … 30-Apr-10 … 78,696 … 4,148 … 3,512 … 5.3% … 4.5%
3 … 31-Jan-10 … 96,758 … 7,143 … 5,351 … 7.4% … 5.5%
2 … 31-Oct-09 … 88,220 … 5,781 … 4,168 … 6.6% … 4.7%
1 … 31-Jul-09 … 113,043 … 4,726 … 3,465 … 4.2% … 3.1%
4 … 30-Apr-09 … 85,093 … 3,156 … 2,619 … 3.7% … 3.1%
3 … 31-Jan-09 … 105,157 … 3,681 … 2,616 … 3.5% … 2.5%
2 … 31-Oct-08 … 96,947 … 5,150 … 3,732 … 5.3% … 3.8%

3iii

13,340 posts

Posted by 3iii > 2017-09-15 17:49 | Report Abuse

(RM,000)
Qtr No … Quarter … Revenue … PBT … PAT … PBT marg … PAT marg
1 … 31-Jul-17 … 293,713 … 25,695 … 19,587 … 8.7% … 6.7%
4 … 30-Apr-17 … 299,645 … 45,603 … 38,497 … 15.2% … 12.8%
3 … 31-Jan-17 … 289,123 … 40,124 … 29,554 … 13.9% … 10.2%
2 … 31-Oct-16 … 279,792 … 37,559 … 28,520 … 13.4% … 10.2%
1 … 31-Jul-16 … 271,392 … 30,980 … 23,529 … 11.4% … 8.7%
4 … 30-Apr-16 … 193,986 … 23,965 … 18,844 … 12.4% … 9.7%
3 … 31-Jan-16 … 268,921 … 34,151 … 26,066 … 12.7% … 9.7%
2 … 31-Oct-15 … 197,342 … 28,675 … 21,631 … 14.5% … 11.0%
1 … 31-Jul-15 … 193,818 … 20,482 … 15,573 … 10.6% … 8.0%
4 … 30-Apr-15 … 176,728 … 22,045 … 16,535 … 12.5% … 9.4%
3 … 31-Jan-15 … 200,376 … 23,090 … 17,492 … 11.5% … 8.7%
2 … 31-Oct-14 … 162,036 … 10,822 … 8,002 … 6.7% … 4.9%
1 … 31-Jul-14 … 177,240 … 13,449 … 10,084 … 7.6% … 5.7%
4 … 30-Apr-14 … 162,440 … 10,705 … 8,492 … 6.6% … 5.2%



In case you missed this, the profit margins for this quarter have dropped so much compared to the previous 11 quarters.

This drop in its profit margins is highly significant and has not escaped the management who indicated that the business is lack lustre.

The period of super profit in Magni may be ending. It will still be profitable though.

Its price is still high by any measure.

inkmoney

21 posts

Posted by inkmoney > 2017-09-15 17:51 | Report Abuse

good chance to grab a good fundamental stock...

JN88

11,670 posts

Posted by JN88 > 2017-09-15 17:54 | Report Abuse

If not mistaken cooperate exercise coming soon. This is what happen to JHM down from 4 to 3 ....then up till mother can't recognized. Same case like JHM. Magni better than JHM due to dividend much till your mother also can't recognized.

JN88

11,670 posts

Posted by JN88 > 2017-09-15 17:55 | Report Abuse

JHM up down from 4 to 3 then up till RM 7 now .

3iii

13,340 posts

Posted by 3iii > 2017-09-15 18:00 | Report Abuse

Q1 2018 earnings = 12.04 sen. Annualising the Q1 2018 EPS, this is = 12.04 x 4 = 48.16 sen. At price of RM 6.16 per share today, its PE is 12.8 times.


Using ttm-EPS, at price of RM 6.16, its ttm-EPS is 73.38 sen and its PE is 8.63 times.


Its historical PE ranged from 5.5 to 8.2, averaging 6.8.

JN88

11,670 posts

Posted by JN88 > 2017-09-15 18:11 | Report Abuse

How you know the next 3Q is 12 den?

3iii

13,340 posts

Posted by 3iii > 2017-09-15 18:12 | Report Abuse

>>>Posted by JN88 > Sep 15, 2017 06:11 PM | Report Abuse

How you know the next 3Q is 12 den?<<<


Have you heard of scenario analysis? Have a great weekend.

JN88

11,670 posts

Posted by JN88 > 2017-09-15 18:15 | Report Abuse

Speculation not scenario analysis.lol

3iii

13,340 posts

Posted by 3iii > 2017-09-15 18:19 | Report Abuse

>>> Posted by JN88 > Sep 15, 2017 06:15 PM | Report Abuse

Speculation not scenario analysis.lol <<<


What is the reward/risk ratio for this stock at today's price?

3iii

13,340 posts

Posted by 3iii > 2017-09-15 18:23 | Report Abuse

Of course, the reward/risk ratio for Magni changed yesterday with the release of its Q1 2018 results.


Accordingly, a lot of sellers in the market today and the price gaped down.

Nothing to do with what was posted in this forum.

michaelwong

3,072 posts

Posted by michaelwong > 2017-09-15 18:26 | Report Abuse

I expect next week another round of downtrend to persist with price fluctuations to surmise b4 stabilising .

herry168

345 posts

Posted by herry168 > 2017-09-15 18:34 | Report Abuse

if felt that company future business still growing ..n the stock price is undervalue just invest lo..if felt that is overvalue then can sell..someone buy or sell only can match the deal..if not the stock price cant move

Posted by Fabien Extraordinaire > 2017-09-15 19:05 | Report Abuse

its normal for market to make such correction after the disappointing quarter results. this is call MEAN REVERSION

herry168

345 posts

Posted by herry168 > 2017-09-15 19:12 | Report Abuse

yes agree Fabien..is normal..if result not gd still up then abnormal..:)

herry168

345 posts

Posted by herry168 > 2017-09-15 19:17 | Report Abuse

if u ar value n long run investor u should know what to do..if ur active trader or contra player then is different story..

shpg22

2,984 posts

Posted by shpg22 > 2017-09-15 19:37 | Report Abuse

ECOWORLD profit drop -41%, BAUTO -51% also steady only.

Whey Whey

1,839 posts

Posted by Whey Whey > 2017-09-15 19:48 | Report Abuse

Paying 0.03+0.04+0.035=0.105 dividend

Market is just over reacted..soon it will stabilize n back to her fair value :)

shpg22

2,984 posts

Posted by shpg22 > 2017-09-15 20:11 | Report Abuse

The trailing annual dividend is 0.21 translating to a DY of 3.4% at 6.16.

3iii

13,340 posts

Posted by 3iii > 2017-09-15 20:28 |

Post removed.Why?

optimus9199

2,794 posts

Posted by optimus9199 > 2017-09-15 22:11 | Report Abuse

I think we can all meet at the AGM on Sept 27th and bombard Tan Sri and board of directors regarding the directions of Magni.

cyeec2000

994 posts

Posted by cyeec2000 > 2017-09-15 22:18 | Report Abuse

Yup I am going to attend and questioned them..

herry168

345 posts

Posted by herry168 > 2017-09-15 22:29 | Report Abuse

DY low end? market current stock price increase will lower down DY n current stock price decresed will rise up DY, means price down DY increased ,how come DY at low end historical range?DY is percentage of stocks annual dividend paid out with current stock price..DY is not the main factor to determine the value of stock price.anyway do ur own due diligence..huat la

moneypedia

5,987 posts

Posted by moneypedia > 2017-09-15 23:26 | Report Abuse

quite weird this market, only drop of profit can drop like this..

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