Posted by LouiseS > 2019-01-27 07:30 | Report Abuse

Last 5 years EPS on increasing trend, increased by 35% over last 5 years, PE ratio is 7.3, ROE 19%, and dividend yield 5.08%

https://louisesinvesting.blogspot.com/2019/01/preliminary-screening-of-counters-with_56.html

Posted by RainT > 2019-02-04 22:00 | Report Abuse

MAGNI related with NIKE

if you invest in MAGNI you need monitor & study NIKE sales as well

major customer of MAGNI is NIKE, if NIKE sales bad, MAGNI also will be affected & vice versa

Posted by warrantKing > 2019-03-18 18:21 | Report Abuse

21.89 sen EPS and Declared 8 sen dividen for this Quarter !!!

Posted by oxxxyxxx > 2019-03-18 18:22 | Report Abuse

Well done !!

Posted by JayC > 2019-03-18 19:33 | Report Abuse

previously when they announce such good profit, the price went all the way up to RM7!!!

Posted by chonghai > 2019-03-19 00:27 | Report Abuse

Superb Result.
Magni is a proxy to investing in NIKE. NIKE never fail to show growth for the past 10 years.

Posted by shareinvestor88 > 2019-03-19 12:25 | Report Abuse

Net cash 250m pluz

Posted by apple168 > 2019-03-19 13:03 | Report Abuse

Sold all...thanks!

Posted by enigmatic > 2019-03-20 00:43 | Report Abuse

is this not a KYY golden rule stock?

Posted by sleang > 2019-03-20 07:33 | Report Abuse

2 consecutive quarters of increasing profits and pe below 10, yes enigmatic is right :)

Posted by kk7198 > 2019-03-20 08:34 | Report Abuse

When kyy comes in, easily another HengYuan.

Posted by zhangliang > 2019-03-20 13:22 | Report Abuse

such good results man!

Posted by LongTermInvestment > 2019-03-22 09:17 | Report Abuse

NIKE beat expected target
https://www.bloomberg.com/news/articles/2019-03-21/nike-expected-to-continue-near-perfect-string-of-earnings-beats

Posted by wakarimas > 2019-03-23 16:54 | Report Abuse

next year olympics a catalyst to Magni??

Posted by apple168 > 2019-03-24 18:45 | Report Abuse

10 reasons not to buy Magni:-
1. Ringgit continues to strengthen against US dollar
2. Raising labor cost
3. Raising material cost
4. China sports brand Companies are Nike Strong competitors (Li Ning, Xtep, Kbird, 361 and many others) which sell good quality branded garments at cheaper price. The trend now prefers China products compared to US products for instance HuaWei outbeat Apple.
5. US vs China Trade war (what will happen if China increases Nike garment tax and boycotting Nike-US products; it hits apple, Tesla...)
6. Only produce Nike garment (Depends on Nike sales)
7. Current magni share price of 4.78 is 50% premium from magni NTA price (more premium than Maybank!!)
8. Many of retailers prefer to buy pirated Nike products and sell to consumers at affordable price.
9. Magni shares has low liquidity risk
10. Trading Markets flavors oil related shares compared to garments. Current theme is oil!

Good Luck!

Posted by LongTermInvestment > 2019-03-24 20:30 | Report Abuse

Lol.. The last point sum up your reasons. You want ppl to join the oil theme.. Look at Dayang from 1.70 to 1.30. Good luck speculating oil companies.

Posted by apple168 > 2019-03-24 21:11 | Report Abuse

We earned more than 50% from Dayang. Bought at 0.80+ and sold all at 1.50+. Now, we riding Hibiscus. Sour grape, longterminvestment, continue to hold your Magni with low liquidity.

Posted by LongTermInvestment > 2019-03-24 21:15 | Report Abuse

Good luck in hit and run. Good over the place to promote your hibiscus. Cheers.

Posted by apple168 > 2019-03-24 21:32 | Report Abuse

We agreed with Cold Eye view on oil stocks. He has been promoting oil stocks since end of 2018. With cold eye good track record, kyy also can’t resist it and jump into the oil theme to grab free market money.

Posted by LongTermInvestment > 2019-03-24 21:35 | Report Abuse

Thanks for sharing. How many percent u suggest we can earn from current hibiscus price?

Posted by apple168 > 2019-03-24 22:26 | Report Abuse

We are not promoting to buy hibiscus now. Current hibiscus share price is rather high. To be frank with you, buying at current price carries huge portions of risks. We are considering to dispose hibiscus in the coming month.

Posted by apple168 > 2019-03-24 22:28 | Report Abuse

Magni is our topic. Not hibiscus. Current magni share price is VALUE TRAP! Remember this.

Posted by LongTermInvestment > 2019-03-24 22:34 | Report Abuse

Okay then my team will sell hibiscus tmr and avoid hibiscus at all cost for now. Thanks.

Posted by chesslim > 2019-03-26 17:44 | Report Abuse

Value trap ! ? , if no confident, can sell all now !

Posted by LongTermInvestment > 2019-03-26 19:52 | Report Abuse

Chill.. He jz want to hit and run.. Magni net cash with good fundamental. M

Posted by LongTermInvestment > 2019-03-28 10:59 | Report Abuse

Will history repeats itself?

Posted by klout > 2019-03-28 18:55 | Report Abuse

Apple168, is Cold Eye using new handler to comment now?

Posted by YAPSS > 2019-03-29 17:45 | Report Abuse

Day 26 of Fundamental Daily, YAPSS will be covering Magni-Tech Industries Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #FundamentalDaily #MagniTechIndustriesBerhad

Click the on the link below to find out more: https://youtu.be/-QDcvm6J2Bg

Posted by wakarimas > 2019-03-31 17:58 | Report Abuse

anyone know magni previous PE value around how much?

Posted by apple168 > 2019-04-06 15:49 | Report Abuse

Long term investment, Hibiscus up up up. You miss the opportunity to earn extra if you hv sold it.

Posted by LongTermInvestment > 2019-04-06 16:11 | Report Abuse

Hi apple168, indeed I have sold it with decent profit. The extra leave it for you and your team to earn. Cheers! :)

Posted by warrantKing > 2019-04-11 21:41 | Report Abuse

USD strengthen again MYR again.

Hope this and coming factory can contribute a better profit

Posted by MrPotato88 > 2019-04-13 13:35 | Report Abuse

It’s fundamental is strong with no debt, reported increasing earning in 3 consecutive quarters, PE less than 10, new plant to commence this year, potential catalyst from 2020 Olympic...is now the time to enter ??

Posted by 4444 > 2019-04-14 14:29 | Report Abuse

3.88 better price to buy?

Posted by carol_danvers > 2019-04-19 15:55 | Report Abuse

im waiting for 4.40

Posted by dnlt > 2019-04-20 15:14 | Report Abuse

Average PE for the past 5 years should be 8.x times. In 2015, it hit the max 10.x before came crashing down.

Posted by wakarimas > Mar 31, 2019 5:58 PM | Report Abuse
anyone know magni previous PE value around how much?

Posted by chesslim > 2019-05-08 22:59 | Report Abuse

记住，当别人恐惧时你要贪婪。

Posted by dnlt > 2019-05-10 13:23 | Report Abuse

Made in Vietnam exempted from the trade war list ;)

Posted by klchai123 > 2019-05-19 12:12 | Report Abuse

Magni: Financial yr ended 31/4/2019 should record much better profit after tax of about 110 million compared with about 90 million in 2018. ROE about 20% with uptrend. PE below 8 times. Dividend yield above 5% and is expected to improve based on existing price level. US dollar strengthen lately and should favor Magni.

Holding a lot of cash with no bank borrowings. Total cash plus money mkt funds amounted to 250 million.

Vietnamese operation is much favoured in view of US-China trade war.

Price should break 5.50 in near future

Posted by apple168 > 2019-05-21 18:18 | Report Abuse

China government is stirring up the anti USA products such as McD, KFC, apple, Nike etc...good luck!

Posted by klchai123 > 2019-05-22 04:53 | Report Abuse

China manufacture garments and shoes for exports to USA, including branded ones under franchise. with high tariffs, cost up and less competitive compare with those manufactured in Vietnam.

Posted by klchai123 > 2019-05-22 04:56 | Report Abuse

USA does not export shoes and garments to China. it's China that need to export. Therefore, Magni is a beneficiary.

Posted by klchai123 > 2019-05-22 07:01 | Report Abuse

https://www.scmp.com/week-asia/geopolitics/article/3010733/spoils-trade-war-asias-winners-and-losers-us-china-clash

Posted by LongTermInvestment > 2019-05-22 12:34 | Report Abuse

I think that's why the owner and directors keep collecting recently.

Posted by warrantKing > 2019-05-25 22:07 | Report Abuse

Yes, because all CHINA product is taxed heavily . Vietnam factory Magni will be beneficiary.

Posted by shareinvestor88 > 2019-06-10 11:18 | Report Abuse

Why up ?

Posted by KPH5328 > 2019-06-11 09:22 | Report Abuse

current good points:
1. Nike market share in China is growing (double digits)
2. Potential beneficiary due to Trade war
3. Expansion in Vietnam on track, phase 2 will begin in mid 2019

Posted by KPH5328 > 2019-06-11 09:22 | Report Abuse

will Nike sales be affected due to anti-US sentiments in China?

Posted by JayC > 2019-06-11 16:22 | Report Abuse

gogogo. target price RM6 by end 2019

Posted by apple168 > 2019-06-11 16:58 | Report Abuse

China government is boycotting Nike products!