MAGNI-TECH INDUSTRIES BHD

KLSE (MYR): MAGNI (7087)

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Last Price

2.50

Today's Change

0.00 (0.00%)

Day's Change

2.44 - 2.51

Trading Volume

334,200


7 people like this.

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

cyeec2000

994 posts

Posted by cyeec2000 > 2019-07-11 13:17 | Report Abuse

Yeah, magnitech has reached this price we should thanks her.. She keep on remind us not to sell. Hahaha

Posted by shareinvestor88 > 2019-07-11 13:34 | Report Abuse

BUY OR SELL ?

kent_1

102 posts

Posted by kent_1 > 2019-07-11 13:38 | Report Abuse

shareinvestor88: For those who know this company's true value will listen to her advice and do the opposite. Buy and hold! :)

Posted by Carson Teor > 2019-07-11 13:47 | Report Abuse

yes buy and hold, RM8 is coming

apple168

6,236 posts

Posted by apple168 > 2019-07-11 16:42 | Report Abuse

Greedy kills... best time to lock profits! Magni share price jumped from 3.8 to 5.10+ (Up 40%)!

Posted by Carson Teor > 2019-07-11 16:52 | Report Abuse

why we want to let go a good company?

Posted by EngineeringProfit > 2019-07-11 17:26 | Report Abuse

HUUUUUAAAAT AAAARR

Posted by shareinvestor88 > 2019-07-11 19:30 | Report Abuse

BUY ?

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-07-11 22:36 | Report Abuse

Haha the more he say bad the more the share go up xD

VSLSB

68 posts

Posted by VSLSB > 2019-04-20 16:32 | Report Abuse

apple 168: You can sell if you want. No one's forcing you to keep and hope you can find peace in it.

Carson Teor: Will never happen in the near future. Consolidation around RM5 more likely for a few months.

chonghai

482 posts

Posted by chonghai > 2019-07-12 09:40 | Report Abuse

Actually what some of apple168's point do have some validity such as rising labor cost in Vietnam but the point of buying on NTA is completely off the mark.

Posted by shareinvestor88 > 2019-07-12 10:03 | Report Abuse

look at BAT NESTLE NTA

cyeec2000

994 posts

Posted by cyeec2000 > 2019-07-12 10:15 | Report Abuse

Every place has risen labour cost but the point is which countries are considered low cost?

cyeec2000

994 posts

Posted by cyeec2000 > 2019-07-12 10:18 | Report Abuse

Every country labour costs will be increased every year, which is not particular for vietnam so its not end of the world

VSLSB

68 posts

Posted by VSLSB > 2019-07-12 11:20 | Report Abuse

chonghai: That is true. But from what I observed in some of their recent qtrly reports, they managed to bring down operating costs a bit. Plus with new plant up and running 2nd half 2019, savings should be more substantial. Otherwise no point having new plant if there is no improvements to their existing production line.

I am interested to see how Magni's management deal with increasing labour costs.

Posted by Carson Teor > 2019-07-12 11:54 | Report Abuse

Magni to achieve RM8 is possible, not sure when only

VSLSB

68 posts

Posted by VSLSB > 2019-07-12 17:39 | Report Abuse

Carson Teor: Magni before this is "usually" valued at PE7-8 which is where it is now. RM8 is PE12 which i think quite unlikely at this juncture.

Posted by EngineeringProfit > 2019-07-13 15:21 | Report Abuse

huat ar

Posted by makesomemoneyonly > 2019-07-13 15:50 | Report Abuse

brother.. olympics o.. stupid..hahahahaha.. you think director is as dumb as you all?hah

Posted by shareinvestor88 > 2019-07-13 18:13 | Report Abuse

u suggest buy or sell ?

VSLSB

68 posts

Posted by VSLSB > 2019-07-15 00:55 | Report Abuse

shareinvestor88: Please do some research before deciding to buy or sell. No one here will be responsible for your losses if you blindly follow forumers here.

Posted by Learner King > 2019-07-15 19:48 | Report Abuse

i think as long as below rm6 all is good buy, but first it must break tru 5.5 resistance first the previous double top

trapped

181 posts

Posted by trapped > 2019-07-16 12:39 | Report Abuse

Pity those trap by promoters talking sweet.

4646

119 posts

Posted by 4646 > 2019-07-16 12:39 | Report Abuse

Why drop?

trapped

181 posts

Posted by trapped > 2019-07-16 12:42 | Report Abuse

USD down why is good?

apple168

6,236 posts

Posted by apple168 > 2019-07-17 07:45 | Report Abuse

Magni at this price is good to take profits! Trade war is heating up!

lcng123

1,127 posts

Posted by lcng123 > 2019-07-17 11:10 | Report Abuse

Apple never given up to attack Magni

apple168

6,236 posts

Posted by apple168 > 2019-07-17 16:55 | Report Abuse

I will never give up to advice ikan bilis not to chase high on magni!

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-07-17 19:09 | Report Abuse

Trapped? Just because the shares price callback for one day doesn't mean investors are trapped, i like to see today price rebouce slaped those people's face that trying to scared investors. Best!! Haha

trapped Pity those trap by promoters talking sweet.
16/07/2019 12:39 PM

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-07-17 19:15 | Report Abuse

Apple keep doing what u are doing now because i like to see magni go even higher when u talk bad hahaha!

cyeec2000

994 posts

Posted by cyeec2000 > 2019-07-17 19:29 | Report Abuse

Whey whey:,Yup, everytime when she adviced ikan bilis, sure the magnitech share price will be surge. Looked forward c whether she can come out 100 or 1000 reasons or better is cerita dongeng not to buy magni or not. Haha..

VSLSB

68 posts

Posted by VSLSB > 2019-07-18 08:52 | Report Abuse

cyeec2000: Cannot blame apple168. He has vested interest in doing so. Best thing everyone can do is to make sure proper research is done to counter whatever untruth this person is dishing out.

Like Ajinomoto, a few days ago he was pushing it when it was RM17.80. Now it is RM17.28. He lucky there is no law to prosecute him for irresponsible calls.

cyeec2000

994 posts

Posted by cyeec2000 > 2019-07-18 09:04 | Report Abuse

VSLSB: Yup, i seldom to hear fund manager has a buy call or sell called for particular stocks. Yup, you are right that investors should do their homework instead of listening blindly from someone else. Pundits like her is so weak to forecast near terms stocks movements. She has no shame to repeat it

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-07-23 00:35 | Report Abuse

Aiya why Apple no shoot this counter liao?? Because she never shoot Magni is coming down xD

VSLSB

68 posts

Posted by VSLSB > 2019-08-01 18:07 | Report Abuse

@Whey Whey: This is why:

Share split and bonus issue

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6242505

oxxxyxxx

114 posts

Posted by oxxxyxxx > 2019-08-01 18:16 | Report Abuse

Good move for Magni , tmr sure up !!!

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-08-01 18:59 | Report Abuse

Haha @VSLSB

Woohoo shares split and bonus shares!!!

bwho

86 posts

Posted by bwho > 2019-08-01 19:40 | Report Abuse

a good counter seldom go for share split and bonus issue ,earning will be diluted if they cannot sustain it's earning.look at Public Bank .after share split to 50sen it consolidated back to par.

S_ken

143 posts

Posted by S_ken > 2019-08-01 20:10 | Report Abuse

OMG! No wonder directors kept on buying its own company shares.

S_ken

143 posts

Posted by S_ken > 2019-08-01 20:13 | Report Abuse

@bwho how about penta, topglove, harta? all after bonus issue

VSLSB

68 posts

Posted by VSLSB > 2019-08-01 21:47 | Report Abuse

@bwho: That's incorrect way to look at it. Bonus issue and share split is usually means to increase stock liquidity. It should not be viewed as the same as private placement where your holdings get diluted. As long as company continues to make continuous profit growth it should be viewed as a reward to shareholders.

Joyce8439

72 posts

Posted by Joyce8439 > 2019-08-01 22:05 | Report Abuse

Any risk if buy now?

chonghai

482 posts

Posted by chonghai > 2019-08-01 22:54 | Report Abuse

@bwho Bonus issue or share split does not change the fundamental of the company.

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-08-01 23:10 | Report Abuse

@bwho u are so wrong but i guess other sifus already explained why u are wrong so i will not repeat myself xD

JayC

1,302 posts

Posted by JayC > 2019-08-01 23:11 | Report Abuse

this counter need liquidity. so this exercise is good for share holders

Posted by shareinvestor88 > 2019-08-01 23:16 | Report Abuse

Magni buy or sell ?

firenarch

21 posts

Posted by firenarch > 2019-08-01 23:27 | Report Abuse

Plan to buy.. buying at around 4.6 to 4.8 , I think there will be a slight drop tommorow.

Whey Whey

1,839 posts

Posted by Whey Whey > 2019-08-01 23:45 | Report Abuse

No chance to drop tomorrow la but it might drop after that if it up too much and the market is continues been bad...

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