Posted by Alex™ > 2018-11-19 23:45 | Report Abuse

tipu, how can he buy at 4.18? insider trading?

TAN SRI DATO’ SERI TAN KOK PING (a company director) acquired 350,000 shares at 4.180 on 16-Nov-2018.
16-Nov-2018 Insider MR TAN POAY SENG (a substantial shareholder) acquired 1,300,000 shares on 16-Nov-2018.
16-Nov-2018 Insider MR TAN POAY SENG (a company director) acquired 1,300,000 shares at 4.180 on 16-Nov-2018.

Posted by Ichgo Korusaki > 2018-12-04 08:39 | Report Abuse

Expansion updates. One of the two new planned manufacturing facilities has started productions since 2QCY18 while the second factory is still under construction. We expect a better performance in FY19F, supported by the new capacities from the two new manufacturing facilities and a more stablised foreign exchange movement (our in-house forecast: RM4.00 against USD in 2018).

Posted by Ichgo Korusaki > 2018-12-04 09:04 | Report Abuse

Expansion updates. To recap, new plant 1 has commenced operations since mid-March this year, while new plant 2 is currently under construction and expected to commence operations in mid-2019. Given the Group’s strong net cash position of RM229.0m or RM1.41/share (which represents 30% of its market capitalisation), we do not rule out the possibility of M&A exercises in the future.

Posted by Ichgo Korusaki > 2018-12-05 08:23 | Report Abuse

1QFY19 operating profit (+11.7% YoY). Despite lower revenue, garment’s operating profit grew by 15.4% YoY, mainly boosted by higher forex gain (RM2.9m), lower operating expenses to revenue ratio resulting from productivity improvements as well as higher income from investment in money market unit trusts. Meanwhile, the packaging division’s operating profit increased by 4.8% YoY due to higher revenue. Overall, reported net profit grew 12.4% YoY mainly due to forex gain in 1QFY19. Excluding the forex gain, core net profit slipped 3.4% YoY. On a brighter note however, core net profit margin improved by 0.3 ppts to 7.5% in 1QFY19.

Posted by Ichgo Korusaki > 2018-12-07 09:31 | Report Abuse

quarter report coming

Posted by chesslim > 2018-12-07 22:12 | Report Abuse

hope high dividen for this Q report.

Posted by Alex™ > 2018-12-08 09:47 | Report Abuse

Gg liao... Cash kena tipu pH gomen... Shareholder money into tabung...now shareholder eat what? Grass?

Posted by Alex™ > 2018-12-08 14:40 | Report Abuse

The Group will continue to focus on its core business of garment manufacturing and to achieve growth organically. Given the strong cash resources, we are well positioned to tap into strategic merger and acquisition opportunities in the same industry while not ruling out any diversification into other industries whenever opportunities arise.

Posted by Alex™ > 2018-12-08 14:40 | Report Abuse

The packaging segment continues to focus its marketing effort on fast moving consumables, food and beverage, pharmaceuticals and healthcare related products which enjoy higher value-added, recession proof and may also ride on higher demand due to population growth.

Posted by Alex™ > 2018-12-08 14:40 | Report Abuse

We maintain a cautious outlook for FYR 2019 amid these challenges. However, both the garment and packaging businesses are expected to remain profitable for FYR 2019.

Posted by Alex™ > 2018-12-08 14:40 | Report Abuse

The Directors will endeavor to maintain a dividend payout ratio of 35% subject to the Group’s financial performance, capex requirement and cash flow position.

Posted by Alex™ > 2018-12-08 14:41 | Report Abuse

Machine Upgrade - Packaging
The new machineries are expected to contribute positively to packaging revenue and earnings effective FYR 2019

Our flexible plastic business unit has invested a sum of RM7.308 million (including RM1 million in FYR 2017) for acquisition of new machines

Posted by Alex™ > 2018-12-08 14:42 | Report Abuse

garment revenue and PBT have grown steadily recording a compound annual growth of 16.5% and 22.8% respectively over the past five years.

Posted by Alex™ > 2018-12-08 14:42 | Report Abuse

Investment securities ballooned from RM96.515 million to RM161.513 million largely due to additional investment in money market unit trusts.

Posted by Alex™ > 2018-12-08 14:43 | Report Abuse

Looking back, Group revenue and PBT have nevertheless recorded a commendable compound annual growth of 13.8% and 19.9% respectively over the past five years.

Posted by Alex™ > 2018-12-08 14:43 | Report Abuse

Export revenue from garment segment remained the major topline contributor which generated 90.2% and 96.1% of our group revenue and operating profit respectively for FYR 2018.

Posted by Alex™ > 2018-12-08 14:43 | Report Abuse

as long as baju huat, magni intact

Posted by Alex™ > 2018-12-08 14:44 | Report Abuse

3 shareholders holding >40% shares

Posted by Alex™ > 2018-12-08 14:45 | Report Abuse

Tan Poay Seng (“TPS”) 34,888,000 21.44%

Posted by Alex™ > 2018-12-08 14:45 | Report Abuse

KP Holdings Sdn Bhd (“KPH”) 21,300,000 13.09 %

Posted by Ichgo Korusaki > 2018-12-10 01:23 | Report Abuse

crude oil price down,plastic packaging gonna be good.

Posted by oxxxyxxx > 2018-12-12 18:20 | Report Abuse

Good results !!

Posted by Alex™ > 2018-12-12 18:21 | Report Abuse

5 sen div come to papa... Hehe

Posted by Alex™ > 2018-12-12 18:23 | Report Abuse

This counter tipu. Take shareholder money masuk tabung harapan and qr still can huat?

Posted by Alex™ > 2018-12-12 19:48 | Report Abuse

So boring, only me hoot this counter?

Posted by trulyinvest > 2018-12-12 21:38 | Report Abuse

Ok saje

Posted by makesomemoneyonly > 2018-12-12 22:30 | Report Abuse

this company is damn good.. rich cash.. liability so freaking low.. just keep it for long term.

Posted by Alex™ > 2018-12-13 12:53 | Report Abuse

gooding qr but no ppl push, bursa fundamental can masuk longkang....

Posted by RainT > 2018-12-13 18:50 | Report Abuse

long term theory for MAGNI will cause many ppl stuck their capital in this company

high cash, low debts then how

the share price just could not move up , your capital will be stuck in MAGNI , if you invest in it

Posted by RainT > 2018-12-13 18:51 | Report Abuse

crude oil price up and down

if invest into MAGNI need consistently monitor the oil price

Posted by RainT > 2018-12-13 18:57 | Report Abuse

main still is garment biz

packaging contribute small sales only

so oil price no need monitor much

Posted by Lanesra > 2018-12-14 15:39 | Report Abuse

2019 will be better

Posted by Papayashot > 2018-12-17 15:44 | Report Abuse

walao, what happend to MAGNI today??

Posted by Alex™ > 2018-12-17 17:35 | Report Abuse

TIPU AH WHY I SPEND SO MUCH TIME FUNDAMENTAL?

Posted by apolloang > 2018-12-17 18:25 | Report Abuse

BURSA GOT FUNDAMENTALS? BURSA GOT MANIPULATION,INSIDER TRADING GOT LAH....KEKEKE

Posted by shahukhan > 2018-12-18 09:55 | Report Abuse

Management manipulate the price to buy back at lower price. Do not be con to sell at lower price. Keep to collect dividend. Still a good fundamental company.

Posted by Alex™ > 2018-12-20 18:19 | Report Abuse

Yes apollo... All fundamental book can throw in dustbin d.... I enter thief ship d... Too late..

Posted by Alex™ > 2018-12-20 18:20 | Report Abuse

No wonder the book sells better than stock trading itself

Posted by yfchong > 2018-12-22 18:12 | Report Abuse

Re.... visit..

Posted by zhangliang > 2018-12-22 20:53 | Report Abuse

must collect and buy buy on weakness not panic selllllll

Posted by mikok730 > 2018-12-22 20:53 |

Post removed.Why?

Posted by cyeec2000 > 2018-12-22 21:03 | Report Abuse

Cyptocurrency has their own risk which has no forever in upward trends too..

Posted by yfchong > 2018-12-24 21:09 | Report Abuse

It is a great value buy

Posted by yfchong > 2018-12-25 12:05 | Report Abuse

When is the 2nd plant coming up?

Posted by yfchong > 2018-12-27 08:17 | Report Abuse

Eps 2019... What is the expectation 50 cts...

Posted by enigmatic > 2018-12-28 13:02 | Report Abuse

I believe Magni is a diamond in the rough. It will shine brightly when people realise the importance of constant dividends.

Posted by yfchong > 2018-12-31 19:31 | Report Abuse

Can go in at 3.80...

Posted by Alex™ > 2018-12-31 19:37 | Report Abuse

can go in at 3.60

Posted by cy91 > 2018-12-31 20:28 | Report Abuse

nike moving factory back to US, probably will reduce order book like vs

Posted by ehtan > 2019-01-10 20:39 | Report Abuse

vs moving. why magni not yet?