MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

Posted by danes007 > 2018-02-06 11:31 | Report Abuse

what is happening to this counter?

chesslim

892 posts

Posted by chesslim > 2018-02-06 17:00 | Report Abuse

记住,当别人恐惧时你要贪婪。

Papayashot

384 posts

Posted by Papayashot > 2018-02-07 16:13 | Report Abuse

Today KLCI up, MAGNI down again....... I really dunno why. This counter that bad meh??
Its drop is too steep.. I could not do anything at all.

However, I still keep.

To chesslim:
chesslim Magni price down but without volume, mean why, you know i know.

Can you advise on what you meant by your previous comment?

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2018-02-07 16:18 | Report Abuse

no tomorrow already....

PE already 6.xx

apple168

6,236 posts

Posted by apple168 > 2018-02-07 16:25 | Report Abuse

Drop like no tomorrow.. cut loss..

Posted by Fabien Extraordinaire > 2018-02-07 16:49 | Report Abuse

wow 52 week low!

michaelwong

3,072 posts

Posted by michaelwong > 2018-02-07 16:59 | Report Abuse

A hard lesson to learn and never keep stock for long term and you can go bankrupt. Even how good stocks after achieving a certain period of uptrend...... must sell first to lock in profits safely .

jibbie

762 posts

Posted by jibbie > 2018-02-07 17:09 | Report Abuse

profits are reducing. will take a long time before it recovers.

Posted by Alvin Low Kin Weng > 2018-02-07 17:21 | Report Abuse

It shall drop below RM4

Vc Looi

232 posts

Posted by Vc Looi > 2018-02-07 17:40 | Report Abuse

I bought at 2015 at around 3.60 then 2016 whole year at 4 never go anyway but profit increased like hell then come 2017 up to 7 later profit drop 30% and share price drop 30% also to 4 。back to square but funny is this 3 years company earn peanuts ? Why should sell back to 4 ? Unless it’s really making losses.

apple168

6,236 posts

Posted by apple168 > 2018-02-07 18:07 | Report Abuse

See ya below 4.. very bearish based on chart.. TA very bad.. FA still ok..

omgimnoob

514 posts

Posted by omgimnoob > 2018-02-07 23:36 | Report Abuse

Market is emotional, when it's good, even a loss making company also become GEMS. When market sentiment is bad, people will throw GOLD GEMS away. Its like Adidas NMD selling at discount 90%, but nobody want. Normal days, normal price - long queue.

richboy

188 posts

Posted by richboy > 2018-02-08 09:39 | Report Abuse

Magni looks attractive for this price level..switch some gain from oil & gas stock to Magni! Cheers :))

angcl

135 posts

Posted by angcl > 2018-02-08 22:28 | Report Abuse

Wow.. after my long vacation, magni dropped from 7.3 to 4.5... what happened? Is it the coming quarter result not good and insiders start selling?

angcl

135 posts

Posted by angcl > 2018-02-08 22:32 | Report Abuse

Maybe labour salary hike issue still unsettled or appreciation of RM leading to reduce profit margins?

Posted by Alvin Low Kin Weng > 2018-02-09 16:35 | Report Abuse

Vietnam factory minimum wages hike, USD weaken, director also no bullets to support share price.

apple168

6,236 posts

Posted by apple168 > 2018-02-09 20:35 | Report Abuse

Directors also trapped at 6.3/5.5/5.0/4.8.. till no bullets to buy up the share price as investors lose confident in Magni company prospects.. we shall see the coming quarter report our end of the month.. if not good, another drop till share price below 4..

chesslim

892 posts

Posted by chesslim > 2018-02-10 11:45 | Report Abuse

Very under value, big discount, buy Magni.

MATB

609 posts

Posted by MATB > 2018-02-10 21:31 | Report Abuse

Historical average PE at 7 and peak at 11.5
Current PE nearing 9 if annualised latest 2 QR
Dividend policy 30% payout.
Last year payout 31%.
Current price not cheap not expensive

scottybang

310 posts

Posted by scottybang > 2018-02-12 18:10 | Report Abuse

美女一路向南。。

ffforever

473 posts

Posted by ffforever > 2018-02-12 20:22 | Report Abuse

Director keep buying price keep dropping..... Why like that

apolloang

18,163 posts

Posted by apolloang > 2018-02-14 21:58 | Report Abuse

maybe director buy the wife selling? hahaha

apolloang

18,163 posts

Posted by apolloang > 2018-02-14 21:58 | Report Abuse

who says cannot down below 5.00? hahaha

nikicheong

2,555 posts

Posted by nikicheong > 2018-02-15 08:46 | Report Abuse

Directors may have a longer term orientation. Also, it's possible for directors to be wrong about the "value" of the company. Still, might be a good idea to start looking/buying Magni if you're a long-term person and believe in the fundamentals of Magni Tech Industries.

ViWizard

780 posts

Posted by ViWizard > 2018-02-15 09:19 | Report Abuse

good fundamental , net cash company , good price to enter ^^

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2018-02-17 16:12 | Report Abuse

CANNOT FOLLOW DIRECTOR BUYBACK ONE,
STUPID DIRECTOR BUY FROM 7.50 TO 4.50
SEE BELOW:-


TAN SRI DATO SERI TAN KOK PING
total acquired qty: 952,000
total cost : 5,577,506.00
average cost: 5.86

MR TAN POAY SENG
total acquired qty: 1,668,307
total cost : 8,664,440.00
average cost: 5.19


NOW ALREADY 4.14~~~~~~~~

Papayashot

384 posts

Posted by Papayashot > 2018-02-17 16:37 | Report Abuse

Not sure whether directors are stupid.

The market is punishing magni for not doing well on 2018. I believe those technical analysts are dumping the share for their so-called "technical" reasons, i.e.. break below SMA lines, Macd line etc..

There might be many reasons why the big directors are buying the share. But, considering their buying volume and effort in purchasing the shares almost every day when magni hits rm4 to rm5, they might know something that we never know. They are not independent directors, but the managing director and founder of magni. They know the inside out of magni. Remember, they are holding millions of magni shares and I am very sure they would not let magni fail. Plus, magni is a very good company and I do see any reason why we should dump this share.

cy91

397 posts

Posted by cy91 > 2018-02-17 16:46 | Report Abuse

buy and hold !!!

chesslim

892 posts

Posted by chesslim > 2018-02-19 10:53 | Report Abuse

who sell now who stupid.

isandy

73 posts

Posted by isandy > 2018-02-19 11:59 | Report Abuse

i bought at 5.23...

ks55

4,310 posts

Posted by ks55 > 2018-02-19 22:18 | Report Abuse

Magni on the way down.
Safe to remain sideline until selling pressure is over.

apple168

6,236 posts

Posted by apple168 > 2018-02-19 22:51 | Report Abuse

TA very bad.. No point holding Magni for now until the next quarterly result shows promising increasing profits.. else, share price will go below 4..

ks55

4,310 posts

Posted by ks55 > 2018-02-19 23:06 | Report Abuse

Most important thing you must learn:-

If Public Anal-list give a buy call, means you have to sell.
This anal-list is half-cook, giving all half-cook recommendations.
Just look at the moving TP's of this anal-list.
Look at Parkson TP's.
Look at LCTI TP's.

For that matter, just bet against Public Anal-list and you won't be wrong.......

apple168

6,236 posts

Posted by apple168 > 2018-02-20 10:33 | Report Abuse

Remain sideline till the cloud is clear

richboy

188 posts

Posted by richboy > 2018-02-20 11:46 | Report Abuse

Seems stable and buying power more stronger now..current pricing definately super bargain! Top up more at 4.12-4.15! :)

michaelwong

3,072 posts

Posted by michaelwong > 2018-02-20 12:43 | Report Abuse

Don't ever trust Public Bank research house investment calls which is the most unreliable source of information with vested interests for their personal gains. A buy called suggest this wolf's is going to dumped their stocks to the believe foolish to collect high to secure their ill gotten profits. A buy called should be read as a sell called instead......wtf!!!

scottybang

310 posts

Posted by scottybang > 2018-02-20 12:54 | Report Abuse

michaelwong, it is a wrong mindset of you at the 1st place already, you should ask yourself and do some homework- is it the right share i need to invest with? money is yours and you only can blame yourself for every decision that you make..

chesslim

892 posts

Posted by chesslim > 2018-02-20 13:03 | Report Abuse

Pls don't up so fast, i still buy no enough.

apple168

6,236 posts

Posted by apple168 > 2018-02-20 13:17 | Report Abuse

Not going to chase now till Magni quarterly report out end of the month..

apple168

6,236 posts

Posted by apple168 > 2018-02-20 14:55 | Report Abuse

Profit taking coming soon...

apple168

6,236 posts

Posted by apple168 > 2018-02-20 14:59 | Report Abuse

Speedy up, speedy down..

apple168

6,236 posts

Posted by apple168 > 2018-02-20 15:05 | Report Abuse

Let the profit taking sellers sell at lower price..

Posted by Alvin Low Kin Weng > 2018-02-20 15:31 | Report Abuse

Big player join in... Thought can buy lower... Bought sikit at 4.31

apple168

6,236 posts

Posted by apple168 > 2018-02-20 15:35 | Report Abuse

I see.. no wonder la

apple168

6,236 posts

Posted by apple168 > 2018-02-20 15:36 | Report Abuse

Price shot up without any change in fundamental

apple168

6,236 posts

Posted by apple168 > 2018-02-20 15:36 | Report Abuse

Let’s join the party?

fkser

622 posts

Posted by fkser > 2018-02-20 15:46 | Report Abuse

Becareful

mrkitzai

48 posts

Posted by mrkitzai > 2018-02-20 17:00 | Report Abuse

Today export share climb high
Is that any political decision news today?

Victor Tan

117 posts

Posted by Victor Tan > 2018-02-20 23:14 | Report Abuse

Don't let share price drive you to make assumptions or predictions. When the share market price plays your heart like a guitar.... you are not right for the share market

coffeecup

365 posts

Posted by coffeecup > 2018-02-21 04:36 | Report Abuse

USD strengthening is the key. Number one export counter magni = Nike. Will be back to 7-8

Post a Comment