Posted by apple168 > 2019-06-27 14:23 | Report Abuse

We are sharing unselfishly to prevent small fish chase high on magni. Future not looking good on garment industry! It is a sell for magni and prlexus!

Posted by VSLSB > 2019-06-27 16:19 | Report Abuse

apple168: If you don't like Magni for whatever 10 reasons you have, you are free to air your views, whether true or not, people will appreciate them. What people don't appreciate is you call those who disagree with you 汉奸. This shows there is no sincerity in "sharing unselfishly to prevent small fish chase high on magni".

Posted by kent_1 > 2019-06-27 17:27 | Report Abuse

Company director aggressively buying own company shares, do they not know the 10 not to buy this counter reason?? :) haha

Posted by LongTermInvestment > 2019-06-27 17:29 | Report Abuse

Chillax, apple 168 sharing unselfish TP for Genting. Upside more than 100%.

[GENTING]: GENTING BHD

Jun 20, 2019 7:03 PM | Report Abuse

Sorry to say that we and others greedily sapu Genting shares at such attractive price! TP 20!

Posted by cyeec2000 > 2019-06-27 18:09 | Report Abuse

I challenge him to insult the same way to board of directors, see whether he can receive the lawyer letter or not.Talking big here is useless. If he compared magnitech asset with maybank which sound is sound funny, is that compared apple to apple? The valuation method is full of bias which focused on magnitech asset value. Haha, he wanna to use this to teach newbie. In fact i also dun dare to do so..

Posted by cyeec2000 > 2019-06-27 18:10 | Report Abuse

Long term investment: haha he didnt give TP for maginitech, i am curiously to know is what price.

Posted by VSLSB > 2019-06-27 18:10 | Report Abuse

LongTermInvestment: Hahaha! I would just say good luck and congratulations if he is right. I don't support gambling therefore I don't look at Genting.

Coming back to Magni, IMHO I think its an OK company despite the concentration risk. Having trade war with China usually means one less place Nike can source their garments. For now, they give good divs I don't see any point in letting go.

Posted by apple168 > 2019-06-27 18:34 | Report Abuse

VSLSB, is it buying shares (legal trading) also consider gambling! 歪理邪说，一派胡言，自恋清高！天天妄想凭magni一朝发达，自圆其说，不贪就不中套！

Posted by apple168 > 2019-06-27 18:37 | Report Abuse

During economic recession, RAKYAT just need simple cheap affordable clothes that can last for long. Is there a NEED to buy branded clothes like NIKE? Answer is definitely NO!

Posted by apple168 > 2019-06-27 18:58 | Report Abuse

We are sharing this piece of valuable trading info to newbies. Buy under valued blue chips company during economic recession. You will win big later on.

For example, as someone brought up Genting and laughing at us.

Genting NTA is 8.86 and now trading at 6.8, discount of 25%. Compared with Magni NTA of 3.25, trading at 4.8, whopping 50% more than its NTA.

When you hv a chance to grab Genting, BlueChip as 25% discount, why not grab it and keep it and for sure you will make money out of it compared with magni, business entity sounds unfamiliar to foreigners and 50% more expensive than its NTA, meaning you are paying 50% more to own Magni. as small shareholder. Uncle Lim is unselfishly giving you a lifetime chance to own his Genting share is at a 25% discount!

This is not a buy or sell call. Trade at your owe risk.

Good Luck.

Posted by VSLSB > 2019-06-27 19:11 | Report Abuse

Apple168: Investing in shares is not gambling, speculating is. They are mutually exclusive. I like Magni because they are cash flow positive and regularly gives dividends which fits my investment portfolio.

As for clothes, no argument against economic downturn and people's spending patterns. But as long as Nike is recording better revenue(means people are still buying them), should I be worried? Notwithstanding that fact, Olympics is coming soon. You wouldn't want the Malaysian Government(or any government) to buy copycat from Petaling Street would we? Imagine the loss of national prestige.

Posted by VSLSB > 2019-06-27 19:42 | Report Abuse

apple168: Well, only you know your true intention.

Nothing wrong with supporting Genting, i just think that , and Jomo Kwame Sundram agrees with me, Malaysia is in an economic downturn, do you think people will still have money to splurge RM1k or 2k in their casino? Or will people spend RM1 or 2 for a 4D instead, hoping for a quick buck?

Posted by cyeec2000 > 2019-06-27 20:37 | Report Abuse

Another things is weird that he claimed that he and his gang already invested in ajinomoto which is share price more than double than asset value. How could it be? I think in investment world is complicated, not necessary they are doing what they claimed to be.

Posted by PotentialGhost > 2019-06-28 00:45 | Report Abuse

Rip for magni, now Trump consider to impose tariffs Vietnam.

Posted by apple168 > 2019-06-28 09:04 | Report Abuse

As what we expected... RIP Magni!

Posted by apple168 > 2019-06-28 12:03 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/06/27/trade-war-winner-vietnam-is-now-a-target-for-trumps-tariffs/

Posted by apple168 > 2019-06-28 12:05 | Report Abuse

https://www.theguardian.com/business/2019/jun/27/trump-warns-china-is-ripe-for-new-tariffs-and-suggests-vietnam-could-be-next

Posted by VSLSB > 2019-06-29 20:34 | Report Abuse

https://www.freemalaysiatoday.com/category/business/2019/06/29/vietnam-buys-more-us-goods-after-trump-calls-it-trade-abuser/

Posted by VSLSB > 2019-06-29 20:38 | Report Abuse

https://www.cnbc.com/2019/06/29/us-china-trade-war-trump-and-xi-meet-at-g-20-summit-in-osaka.html

Posted by cyeec2000 > 2019-06-30 12:51 | Report Abuse

Magnitech cashes positions stoods at rm1.29.

Posted by VSLSB > 2019-07-01 14:03 | Report Abuse

@shareinvestor88: Why?

Posted by makesomemoneyonly > 2019-07-01 18:05 | Report Abuse

those shouted to sell because they sold in low price..

Posted by apple168 > 2019-07-01 18:31 | Report Abuse

Those who shouted buy because they chased high and trapped at high price! Remember Trump is heading Vietnam for trade war. Trump lost to China and can’t get back the huge money back to USA. Vietnam and India are two potential countries that Trump will 100% win!

Posted by VSLSB > 2019-07-01 19:09 | Report Abuse

apple168: You shouted to sell because you sold low and made losses? He also wanted to set tariffs on Malaysian exports too as part of his trade war tirade but did he do anything? Trade war has always been and will always be to cap PRCs Made in China 2025 and their technological capabilities.

Posted by VSLSB > 2019-07-01 19:29 | Report Abuse

shareinvestor88: Buy or sell, up to you to decide. If you have information useful pertaining this share, please share them by all means. We all are learning anyways.

Posted by LongTermInvestment > 2019-07-02 18:36 | Report Abuse

Magni has a very good biz model and recent new factories opening will greatly improve the revenue and profits.

Posted by cyeec2000 > 2019-07-02 18:44 | Report Abuse

Apple: you are wrong, my cost to be purchased most of it in 4.09, average in 4.5. you havent explained the ajinomoto and bursa. Are you can be trusted?please answer this 1st..

Posted by mukhriz02023 > 2019-07-02 18:56 | Report Abuse

beli pccs lah. murah skit

Posted by LongTermInvestment > 2019-07-02 19:06 | Report Abuse

Buy stocks not depends on the price.. Is depends on the value of the company. More murah stocks out there but are they valuable?

Posted by mukhriz02023 > 2019-07-02 19:08 | Report Abuse

it is valuable for pccs

Posted by mukhriz02023 > 2019-07-02 19:08 | Report Abuse

next magni

Posted by cyeec2000 > 2019-07-02 19:13 | Report Abuse

Plus last year 23 sens dividends, only the red eye ppl will be jeolous.. Hehe..

Posted by LongTermInvestment > 2019-07-02 20:54 | Report Abuse

Then good luck with ur pccs.. But why u even come here to comment?

Posted by apple168 > 2019-07-03 14:58 | Report Abuse

https://www.bloomberg.com/news/articles/2019-07-03/u-s-slaps-import-duties-on-vietnam-steel-in-ramp-up-of-tension?fbclid=IwAR3KC4XO0vg-YfkvmCEG3x-O-YdJameTMNuaX-JBoyp0sEmwdWEY-8eTa0U

Posted by apple168 > 2019-07-03 15:17 | Report Abuse

Cyeec, please read back my comments on aji and bursa...

Posted by cyeec2000 > 2019-07-03 18:02 | Report Abuse

1st time i realised that net asset value of aji and bursa is more than share price and not aligned what your talked and magnitech is making steel in vietnam.

Posted by cyeec2000 > 2019-07-03 18:09 | Report Abuse

Your statement is quite misleeding..

Posted by apple168 > 2019-07-04 15:01 | Report Abuse

Cyeec2000, if you can’t get what I meant, go back and brush up your English level...

Posted by cyeec2000 > 2019-07-04 16:31 | Report Abuse

Apple168: if you dun get what i meant that your investment knowledge is poor. Dun try to misleading here..

Posted by apple168 > 2019-07-04 17:18 | Report Abuse

Cyeec2000, please make some efforts to do homework! Spoon feeding will ruin you. You are the one who are misleading here!

I m telling the truth!

Posted by lcng123 > 2019-07-04 17:24 | Report Abuse

Apple168, your intention to advice us on Magni, I got it and everybody in the forum will get it and thank to you but you no need to kept remind us repeatedly. Let us to decide whether to buy or sell.

Posted by cyeec2000 > 2019-07-04 17:26 | Report Abuse

Haha, talking big here is useless, if you try to compare steel industry is same as garments you are misleading, are they within same industry? Just like you view all the women in the world is same as your mom. Why not just making more jokes here to give magnitech TP as genting. Let us to has a topic to laugh? You are not big name in i3, but just joker

Posted by cyeec2000 > 2019-07-04 17:28 | Report Abuse

By the way tan poay seng brought more shares within 2-3 days recently.do you know who is him?please study more to give some facts.

Posted by shareinvestor88 > 2019-07-04 17:30 | Report Abuse

Buy or sell ?

Posted by VSLSB > 2019-07-04 17:34 | Report Abuse

https://www.cnbc.com/2019/07/04/eu-signs-new-trade-deal-with-vietnam-as-hanoi-benefits-amid-trade-war.html

Posted by S_ken > 2019-07-04 20:31 | Report Abuse

cyeec2000, one thing i want to point out is that not only these few days but he has been collecting all this while! I think no outsider is more familiar than a worker in the company not to say a company director who has spent millions to buy his own company's shares. Spending millions just to create an illusion for ppl to buy this company shares??. Just a small fish passing by.... :)

Posted by cyeec2000 > 2019-07-04 20:40 | Report Abuse

s_ken: your concerned is right too, but insiders are more familiar their operation. If you are boss in the company's will you to buy more shares to risk yourself to lose more in future if the company operation is sound scary? Dumping millions/billions of shares in market isn't easy as you thought.

Posted by apple168 > 2019-07-04 22:17 | Report Abuse

GenM has been actively sharebuy back at 4.0+ to 5.0+ per share... now GenM only worth 3.30 per share...

Posted by apple168 > 2019-07-04 22:19 | Report Abuse

Magni directors has been buying at 5+ to 6+ per share last year... since then, magni share crashed to 3.8... LEARN from magni PAST History and stop misleading ppl here!!!

Posted by apple168 > 2019-07-04 22:22 | Report Abuse

Not to forget, Trump is heading TRADE WAR in Vietnam! Vietnam will definitely hit badly by then. Will history repeating again with ppl of Vietnam riot and burn down factories...