MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.46

Today's Change

-0.04 (1.60%)

Day's Change

2.45 - 2.50

Trading Volume

81,300


7 people like this.

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

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-10-26 21:21 | Report Abuse

Tq for info. This is oni for footwears. Magni is not on footwear.

Posted by Alvin Low Kin Weng > 2017-11-05 21:06 | Report Abuse

Anyone know where is MAGNI factory located?

rlch

4,142 posts

Posted by rlch > 2017-11-05 21:12 | Report Abuse

Its subsidiaries include South Island Packaging (Penang) Sdn. Bhd.,
Address: Lot 689, Mukim 1, Prai Industrial Park, 13600 Perai, Pulau Pinang

Posted by swissvillage > 2017-11-17 08:25 | Report Abuse

Kesm is a good semiconductor with a low P/E , uptrend

CKNGCKI3

24 posts

Posted by CKNGCKI3 > 2017-11-17 19:24 | Report Abuse

WRONG PLACE , KESM !

omgimnoob

514 posts

Posted by omgimnoob > 2017-11-21 23:54 | Report Abuse

Magni is a bad textile maker, with a high PE downtrend

Yole Bek

107 posts

Posted by Yole Bek > 2017-11-29 17:01 | Report Abuse

Switch to prlexus

LOLANTO

126 posts

Posted by LOLANTO > 2017-11-30 16:47 | Report Abuse

USD DROPPING, SHARE PRICE DROPPING, BETTER RUN

Posted by ihelpyouUhelpme > 2017-12-01 13:41 | Report Abuse

real business doing companies do no depend on forex so much (not saying not at all)

Posted by ihelpyouUhelpme > 2017-12-01 17:00 | Report Abuse

Garment revenue is derived from export sales. Garment segment also imports considerably its raw materials (comprising fabrics and accessories) and pays manufacturing costs abroad. The risk of foreign exchange fluctuations is mitigated through natural hedges by paying for its imports with the USD revenue received.
(copied from annual report)

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-12-04 17:00 | Report Abuse

@
ihelpyouUhelpme

but you can't deny that ringgit depreciation does help magni alot especially for the past quarters....still waiting for their 'lackluster' QR to decide the future course of action.

Posted by ihelpyouUhelpme > 2017-12-04 20:43 | Report Abuse

yes, have to accept the fact too >.<
that "lackluster" is a killer word

Papayashot

384 posts

Posted by Papayashot > 2017-12-05 10:51 | Report Abuse

what happened to this counter lately? It has been sold down consistently these few days. USD dropping, I know. But other export counters like WELLCAL and many others stand still.. How come MAGNI drop like hell??

Posted by Alvin Low Kin Weng > 2017-12-05 11:16 | Report Abuse

Free fall... OMG

apolloang

18,163 posts

Posted by apolloang > 2017-12-05 11:17 | Report Abuse

below 6.00 chun chun by apolloang research.....hahahhaha

chesslim

892 posts

Posted by chesslim > 2017-12-05 11:24 | Report Abuse

往事只能回味 。。。。

apolloang

18,163 posts

Posted by apolloang > 2017-12-05 11:26 | Report Abuse

who say 6.00 cannot reach? hahaha....told u all when over 7.00 is overvalued

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-12-05 15:58 | Report Abuse

04-Dec-2017 Insider TAN SRI DATO' SERI TAN KOK PING (a substantial shareholder) acquired 50,000 shares on 30-Nov-2017.
04-Dec-2017 Insider TAN SRI DATO SERI TAN KOK PING (a company director) acquired 50,000 shares at 6.382 on 30-Nov-2017.
29-Nov-2017 Insider TAN SRI DATO' SERI TAN KOK PING (a substantial shareholder) acquired 30,000 shares on 28-Nov-2017.
29-Nov-2017 Insider TAN SRI DATO SERI TAN KOK PING (a company director) acquired 30,000 shares at 6.525 on 28-Nov-2017.

lol...insider also kena...haha

WiseVictor

148 posts

Posted by WiseVictor > 2017-12-05 16:20 | Report Abuse

Director keep acquiring, it means the stock is more valuable than the current stock price. Low PE and high ROE, just wait for the stock to rebound after bear market end =)

chesslim

892 posts

Posted by chesslim > 2017-12-05 16:54 | Report Abuse

记住,当别人恐惧时你要贪婪 。

tealeaf

196 posts

Posted by tealeaf > 2017-12-05 20:53 | Report Abuse

it's broken major support MA200....from peak to now about 26%... very bad trend now

Guardize

216 posts

Posted by Guardize > 2017-12-05 22:36 | Report Abuse

if drop again tomorrow is good time to in

mohdar

7 posts

Posted by mohdar > 2017-12-06 21:09 | Report Abuse

Can why x boleh sampai but u still overestimate so I will c u at 5.00

Mars

233 posts

Posted by Mars > 2017-12-07 07:19 | Report Abuse

If the coming QR showing no good results then we will see another free fall again..

Posted by shareinvestor88 > 2017-12-07 20:03 | Report Abuse

Sell n run. target 1.5o

punjie

3 posts

Posted by punjie > 2017-12-10 13:19 | Report Abuse

wrong, below 0.05

Posted by llaollao > 2017-12-10 17:21 | Report Abuse

buy at 0.03 to collect, kikikikikiikikikikikikikikiki

tokohM

432 posts

Posted by tokohM > 2017-12-12 17:20 | Report Abuse

gone liao this counter

K.H

296 posts

Posted by K.H > 2017-12-12 17:24 | Report Abuse

1H net profit 40.087 million (decreased 22.99%)
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5634401

3iii

13,339 posts

Posted by 3iii > 2017-12-12 17:26 | Report Abuse

Sell ... ?

LOLANTO

126 posts

Posted by LOLANTO > 2017-12-12 17:27 | Report Abuse

how ah everyone? hold or run?

Posted by Mohd Fahmi Bin Jaes > 2017-12-12 17:28 |

Post removed.Why?

godhand

1,955 posts

Posted by godhand > 2017-12-12 17:37 | Report Abuse

Gg rm5

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2017-12-12 17:42 | Report Abuse

run la~~~~~profit back to 2016 level, you go check magni 2016 trade at what level??

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-12-12 18:33 | Report Abuse

Market craash

KingsMan

181 posts

Posted by KingsMan > 2017-12-12 18:47 | Report Abuse

sell

pranata

3 posts

Posted by pranata > 2017-12-12 19:36 | Report Abuse

GG..

ks5S

4,601 posts

Posted by ks5S > 2017-12-12 20:06 | Report Abuse

careful on this company.
Better sell now. If not , you will kena trap.
Not worth so high on the current price.

ks5S

4,601 posts

Posted by ks5S > 2017-12-12 20:08 | Report Abuse

another sapura energy in the making.
run as fast as possible and don't look back

apple168

6,236 posts

Posted by apple168 > 2017-12-12 20:18 | Report Abuse

I will start buying starting tmr.. good counter with good earning and giving good dividends every quarters without failing..

fkser

622 posts

Posted by fkser > 2017-12-12 20:28 | Report Abuse

gap down

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-12-12 20:32 | Report Abuse

the power of lackluster.

Posted by Alvin Low Kin Weng > 2017-12-12 21:14 | Report Abuse

Insider already sold before QR published. Already factor in.

ks5S

4,601 posts

Posted by ks5S > 2017-12-12 21:39 | Report Abuse

insider sold . Outside not yet sell.
Mati kaw-kaw tomorrow.

ooihk899

2,058 posts

Posted by ooihk899 > 2017-12-12 21:40 | Report Abuse

Last QR already mentioned result no good ma. I think 2nd half will be almost same as 1st half.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-12-13 02:04 | Report Abuse

Next market crash, the best thing to buy is Bitcoin, gold price is manipulated by bankers, Bitcoin in the other hand has millions of processing power to stop it from manipulation, even the CBOE have difficult time to run XBT future exchange, bankers will have no chance to manipulate Bitcoin as easily as they want.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-12-13 03:04 | Report Abuse

The only real money is Bitcoin, land, property, real GOLD.
:)
Contract gold, shitcoin, paper stock, are all credit that serve no purpose except for quick pump and followed by endless dump.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2017-12-13 03:28 | Report Abuse

I love market crash, it will finally awaken people how helpless this stock market has been, and people will start to endorse the brand new market, the cryptocurrency, some people will not change, some people will change, the people who can adapt to the change will ultimately find the real wealth.

smartsing

54 posts

Posted by smartsing > 2017-12-13 08:08 | Report Abuse

记住,当别人恐惧时你要贪婪

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